ExxonMobil Corporation $XOM Shares Purchased by Greenup Street Wealth Management LLC

Key Points

• Greenup Street Wealth Management increased its ExxonMobil stake by 216.6% in the third quarter, ending with 39,537 shares valued at approximately $6.44 million. Institutional investors collectively own 61.8% of XOM.
• ExxonMobil reported quarterly earnings of $4.23 per share, beating estimates, while revenue reached $110.5 billion. Strong refining margins were the primary profit driver, offsetting weaker upstream performance.
• XOM has a “Moderate Buy” consensus rating with a $167.70 average price target, although the shares were trading near their 52-week high at $187.03. Exxon also raised its dividend by about 4% and plans $20 billion in share repurchases for 2027.

Greenup Street Wealth Management LLC raised its holdings in ExxonMobil Corporation (NYSE:XOM - Free Report) by 216.6% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 39,537 shares of the oil and gas company's stock after acquiring an additional 27,050 shares during the quarter. ExxonMobil comprises approximately 0.8% of Greenup Street Wealth Management LLC's holdings, making the stock its 24th largest position. Greenup Street Wealth Management LLC's holdings in ExxonMobil were worth $6,435,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in XOM. State of Wyoming increased its stake in shares of ExxonMobil by 17.4% during the 3rd quarter. State of Wyoming now owns 16,330 shares of the oil and gas company's stock worth $2,658,000 after purchasing an additional 2,422 shares during the last quarter. Petros Family Wealth LLC lifted its stake in shares of ExxonMobil by 3.1% in the 3rd quarter. Petros Family Wealth LLC now owns 2,349 shares of the oil and gas company's stock valued at $382,000 after purchasing an additional 70 shares during the last quarter. Whelan Financial lifted its stake in shares of ExxonMobil by 21.4% in the 3rd quarter. Whelan Financial now owns 4,376 shares of the oil and gas company's stock valued at $712,000 after purchasing an additional 771 shares during the last quarter. Raleigh Capital Management Inc. bought a new stake in ExxonMobil in the third quarter worth $1,197,000. Finally, Lebenthal Global Advisors LLC boosted its holdings in ExxonMobil by 9.8% in the third quarter. Lebenthal Global Advisors LLC now owns 9,617 shares of the oil and gas company's stock worth $1,565,000 after purchasing an additional 859 shares in the last quarter. 61.80% of the stock is owned by institutional investors.

ExxonMobil Stock Performance

NYSE:XOM opened at $187.03 on Friday. ExxonMobil Corporation has a 1 year low of $112.51 and a 1 year high of $188.50. The firm's fifty day simple moving average is $167.76 and its 200 day simple moving average is $154.35. The company has a current ratio of 1.13, a quick ratio of 0.85 and a debt-to-equity ratio of 0.12. The firm has a market capitalization of $775.23 billion, a PE ratio of 19.22, a PEG ratio of 0.94 and a beta of 0.21.

ExxonMobil (NYSE:XOM - Get Free Report) last announced its earnings results on Friday, October 30th. The oil and gas company reported $4.23 EPS for the quarter, topping the consensus estimate of $4.12 by $0.11. The firm had revenue of $110.50 billion for the quarter, compared to the consensus estimate of $104.89 billion. ExxonMobil had a net margin of 8.88% and a return on equity of 13.14%. During the same quarter last year, the firm posted $1.88 EPS. On average, sell-side analysts anticipate that ExxonMobil Corporation will post 13.58 EPS for the current year.

Wall Street Analysts Forecast Growth

Several research firms have commented on XOM. Freedom Capital raised shares of ExxonMobil from a "strong sell" rating to a "hold" rating in a research report on Tuesday, August 4th. Citigroup reaffirmed a "neutral" rating and issued a $175.00 price target (up from $150.00) on shares of ExxonMobil in a research report on Wednesday, July 8th. Weiss Ratings upgraded ExxonMobil from a "buy (b-)" rating to a "buy (b)" rating in a research note on Tuesday, September 29th. BMO Capital Markets increased their price objective on ExxonMobil from $160.00 to $170.00 and gave the company a "market perform" rating in a report on Wednesday, August 12th. Finally, Jefferies Financial Group raised their price objective on ExxonMobil from $184.00 to $200.00 and gave the company a "buy" rating in a research note on Monday, August 17th. One research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and fourteen have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $167.70.

Key Stories Impacting ExxonMobil

Here are the key news stories impacting ExxonMobil this week:

• Positive Sentiment: Q3 earnings exceeded expectations. ExxonMobil reported adjusted earnings of $4.23 per share, ahead of the roughly $4.08–$4.12 analyst consensus and well above $1.88 a year earlier. Net income reached approximately $15.4 billion, while revenue also surpassed estimates. ExxonMobil Announces Third-Quarter 2026 Results
• Positive Sentiment: Refining was the key profit driver. Record or unusually strong refining margins, particularly for diesel, more than offset weaker upstream results and lifted earnings, cash flow and shareholder returns. Exxon’s refining operations earned more than its oil-production business for the first time in six years. Exxon, Chevron earnings propelled by war-driven refining surge
• Positive Sentiment: Shareholder distributions are expanding. ExxonMobil raised its dividend by approximately 3.9%–4% and plans $20 billion in share repurchases during 2027. The company also highlighted production gains from Guyana, Kearl and PNG LNG, supporting its long-term growth profile. ExxonMobil Raises Dividend by 3.9%, Sets $20 Billion 2027 Buyback Plan
• Positive Sentiment: Higher oil prices provided a favorable backdrop. Brent crude approached $120 per barrel as Middle East tensions and other geopolitical disruptions tightened energy markets. Investors also showed bullish positioning through unusually heavy call-option activity.
• Neutral Sentiment: ExxonMobil CEO Darren Woods said global refining disruptions may not have a quick fix. While this could sustain margins, it also underscores continuing geopolitical and operational uncertainty. The company and Chevron additionally canceled executive travel to a Gulf energy conference because of security concerns. ExxonMobil CEO Sees No Quick Fix for Global Refining Disruptions
• Negative Sentiment: After a powerful rally, XOM offers new investors a substantially lower dividend yield than it did at the start of the year. Its valuation and dependence on elevated, potentially temporary refining margins may limit further upside if oil prices or fuel spreads retreat.

ExxonMobil Profile

Exxon Mobil Corporation, doing business as ExxonMobil NYSE: XOM, is an integrated energy company engaged in the exploration, development, production, and sale of crude oil and natural gas. Its operations span the energy value chain, from resource development and refining to the marketing and distribution of fuels and other energy products.

Through its Energy Products segment, ExxonMobil manufactures and markets transportation fuels, lubricants, and other petroleum-based products. Its Chemical Products business produces petrochemicals, including commodity and performance products used in packaging, automotive components, construction materials, and consumer goods.

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