ExxonMobil Corporation $XOM Stock Holdings Lifted by Americana Partners LLC

Key Points

• Americana Partners dramatically increased its ExxonMobil position by 2,464.1% in the third quarter, ending with 495,980 shares valued at approximately $80.7 million. Institutional investors collectively own 61.8% of XOM.
• ExxonMobil’s third-quarter results exceeded expectations: adjusted EPS was $4.23 versus a $4.12 consensus estimate, while revenue reached $110.5 billion. Strong refining margins were the primary earnings driver, offsetting weaker upstream performance.
• Analyst sentiment remains moderately bullish, but valuation risks persist. The stock has a “Moderate Buy” consensus rating with an average $167.70 price target, while shares recently traded near their 12-month high and could face pressure if refining margins or oil prices weaken.

Americana Partners LLC increased its position in ExxonMobil Corporation (NYSE:XOM - Free Report) by 2,464.1% in the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 495,980 shares of the oil and gas company's stock after buying an additional 476,637 shares during the period. ExxonMobil comprises approximately 1.7% of Americana Partners LLC's holdings, making the stock its 12th largest position. Americana Partners LLC's holdings in ExxonMobil were worth $80,721,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. Aprio Wealth Management LLC lifted its holdings in shares of ExxonMobil by 7.2% in the third quarter. Aprio Wealth Management LLC now owns 38,549 shares of the oil and gas company's stock worth $6,274,000 after buying an additional 2,582 shares in the last quarter. Fusion Capital LLC purchased a new position in ExxonMobil during the third quarter valued at $12,707,000. Greenup Street Wealth Management LLC grew its stake in ExxonMobil by 216.6% during the third quarter. Greenup Street Wealth Management LLC now owns 39,537 shares of the oil and gas company's stock valued at $6,435,000 after acquiring an additional 27,050 shares in the last quarter. State of Wyoming increased its holdings in ExxonMobil by 17.4% in the 3rd quarter. State of Wyoming now owns 16,330 shares of the oil and gas company's stock valued at $2,658,000 after acquiring an additional 2,422 shares during the last quarter. Finally, Petros Family Wealth LLC increased its holdings in 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 acquiring an additional 70 shares during the last quarter. Hedge funds and other institutional investors own 61.80% of the company's stock.

ExxonMobil News Summary

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.

Wall Street Analyst Weigh In

Several brokerages have commented on XOM. Morgan Stanley boosted their price target on shares of ExxonMobil from $177.00 to $185.00 and gave the stock an "overweight" rating in a research note on Thursday, October 15th. DZ Bank lowered ExxonMobil from a "buy" rating to a "hold" rating and set a $156.00 price objective for the company. in a research report on Tuesday, August 4th. William Blair began coverage on ExxonMobil in a report on Wednesday. They issued a "market perform" rating on the stock. UBS Group reaffirmed a "buy" rating and issued a $199.00 target price on shares of ExxonMobil in a report on Monday, October 19th. Finally, Mizuho decreased their target price on ExxonMobil from $175.00 to $170.00 and set a "neutral" rating on the stock in a research report on Thursday, July 9th. One investment analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and fourteen have assigned a Hold rating to the stock. According to MarketBeat, ExxonMobil currently has an average rating of "Moderate Buy" and an average target price of $167.70.

ExxonMobil Stock Performance

Shares of NYSE:XOM opened at $187.03 on Friday. 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's 50-day moving average is $167.76 and its 200 day moving average is $154.35. ExxonMobil Corporation has a 12 month low of $112.51 and a 12 month high of $188.50. The company has a market capitalization of $775.23 billion, a price-to-earnings ratio of 19.22, a PEG ratio of 0.94 and a beta of 0.21.

ExxonMobil (NYSE:XOM - Get Free Report) last issued its quarterly earnings results on Friday, October 30th. The oil and gas company reported $4.23 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $4.12 by $0.11. ExxonMobil had a return on equity of 13.14% and a net margin of 8.88%. The firm had revenue of $110.50 billion during the quarter, compared to analyst estimates of $104.89 billion. During the same period last year, the company earned $1.88 EPS. Research analysts predict that ExxonMobil Corporation will post 13.58 EPS for the current year.

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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