ExxonMobil Corporation $XOM Shares Sold by Inscription Capital LLC

Key Points

• Inscription Capital reduced its ExxonMobil stake by 23.5% in the third quarter, selling 13,333 shares and ending the period with 43,482 shares valued at about $7.08 million.
• ExxonMobil’s latest quarter beat expectations, reporting earnings of $4.23 per share and revenue of $110.5 billion. The company also raised its quarterly dividend from $1.03 to $1.07 per share.
• Analyst views remain mixed: the stock has a consensus “Hold” rating and an average price target of $170.74, while recent headlines highlight both strong results and potential oil-demand and commodity-price risks.

Inscription Capital LLC cut its holdings in shares of ExxonMobil Corporation (NYSE:XOM - Free Report) by 23.5% during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 43,482 shares of the oil and gas company's stock after selling 13,333 shares during the period. ExxonMobil makes up about 0.8% of Inscription Capital LLC's portfolio, making the stock its 21st largest holding. Inscription Capital LLC's holdings in ExxonMobil were worth $7,077,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of XOM. NBT Bank N.A. acquired a new stake in ExxonMobil in the third quarter valued at approximately $26,000. Aventus Investment Advisors Inc. acquired a new position in shares of ExxonMobil during the 2nd quarter worth approximately $27,000. Atlantic Private Wealth LLC raised its stake in shares of ExxonMobil by 776.9% during the 1st quarter. Atlantic Private Wealth LLC now owns 228 shares of the oil and gas company's stock worth $39,000 after buying an additional 202 shares during the period. Pioneer Family Office LLC purchased a new position in shares of ExxonMobil during the 3rd quarter valued at approximately $42,000. Finally, Financial Connections Group Inc. purchased a new position in shares of ExxonMobil during the 1st quarter valued at approximately $53,000. Hedge funds and other institutional investors own 61.80% of the company's stock.

Trending Headlines about ExxonMobil

Here are the key news stories impacting ExxonMobil this week:

• Positive Sentiment: ExxonMobil and Chevron reported strong third-quarter results, helped by refining performance and cost discipline. Exxon also raised its dividend for the 44th consecutive year, while debt reduction and buybacks support shareholder returns. Why ExxonMobil and Chevron Reminded Investors to Keep it Simple
• Positive Sentiment: A proposed sale of Infineum, ExxonMobil’s joint venture with Shell, could bring in a multibillion-dollar sum and streamline the portfolio, though no transaction has been announced. Is ExxonMobil Holdings Rethinking Its Portfolio With an Infineum Exit?
• Positive Sentiment: The company plans to invest $10 billion in refining through 2030, including an expansion targeting 100,000 barrels per day of additional diesel output. The investment may improve efficiency and cash flow, although returns depend on market conditions. Will ExxonMobil's Diesel Expansion Boost Refining Profit?
• Neutral Sentiment: Analyst opinion is divided after results: TD Cowen raised its target and kept a Buy rating, while Citi raised its target but maintained Neutral. ExxonMobil’s stock is up more than 43% in 2026, which may also temper expectations. Wall Street Is Split on ExxonMobil Following Q3 Results
• Negative Sentiment: Some commentary points to easing physical oil demand and argues oil may not return to $100, a potential headwind for earnings given ExxonMobil’s commodity-price sensitivity. DZ Bank also downgraded the shares to Sell. What Lower Inflation and Oil Prices Could Mean for Energy Stocks

ExxonMobil Stock Performance

Shares of NYSE:XOM opened at $165.49 on Friday. The company has a debt-to-equity ratio of 0.11, a current ratio of 1.19 and a quick ratio of 0.92. The business's 50 day moving average price is $168.65 and its 200-day moving average price is $155.24. The firm has a market capitalization of $675.06 billion, a PE ratio of 17.01, a P/E/G ratio of 0.83 and a beta of 0.16. ExxonMobil Corporation has a 1 year low of $113.64 and a 1 year high of $188.50.

ExxonMobil (NYSE:XOM - Get Free Report) last posted its quarterly earnings data on Friday, October 30th. The oil and gas company reported $4.23 EPS for the quarter, beating the consensus estimate of $4.12 by $0.11. The firm had revenue of $110.50 billion during the quarter, compared to the consensus estimate of $104.89 billion. ExxonMobil had a return on equity of 16.63% and a net margin of 10.24%. During the same period in the prior year, the company earned $1.88 EPS. As a group, equities research analysts expect that ExxonMobil Corporation will post 13.54 earnings per share for the current fiscal year.

ExxonMobil Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, December 10th. Stockholders of record on Monday, November 16th will be issued a dividend of $1.07 per share. The ex-dividend date of this dividend is Monday, November 16th. This is a positive change from ExxonMobil's previous quarterly dividend of $1.03. This represents a $4.28 dividend on an annualized basis and a dividend yield of 2.6%. ExxonMobil's payout ratio is currently 42.34%.

Analyst Ratings Changes

A number of research firms recently issued reports on XOM. Mizuho dropped their price target on shares of ExxonMobil from $175.00 to $170.00 and set a "neutral" rating on the stock in a research note on Thursday, July 9th. Wall Street Zen upgraded shares of ExxonMobil from a "hold" rating to a "buy" rating in a research report on Saturday, October 24th. Weiss Ratings raised shares of ExxonMobil from a "buy (b-)" rating to a "buy (b)" rating in a report on Tuesday, September 29th. BMO Capital Markets increased their price objective on shares of ExxonMobil from $160.00 to $170.00 and gave the company a "market perform" rating in a report on Wednesday, August 12th. Finally, TD Cowen lifted their target price on shares of ExxonMobil from $180.00 to $193.00 and gave the company a "buy" rating in a research report on Wednesday. One research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating, thirteen have given a Hold rating and one has given a Sell rating to the company's stock. According to data from MarketBeat, the stock currently has a consensus rating of "Hold" and an average target price of $170.74.

ExxonMobil Company 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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