ExxonMobil Corporation $XOM Stock Sold by Kelleher Financial Advisors

Key Points

• Kelleher Financial Advisors cut its ExxonMobil stake by 91.2% in the third quarter, selling 11,873 shares and retaining 1,139 shares valued at about $185,000.
• ExxonMobil beat quarterly earnings and revenue estimates, reporting EPS of $4.23 and revenue of $110.5 billion. It also raised its quarterly dividend from $1.03 to $1.07 per share.
• Analyst views are mixed, with MarketBeat reporting a consensus Hold rating and a $170.74 average price target; institutional investors and hedge funds own 61.8% of the stock.

Kelleher Financial Advisors reduced its position in ExxonMobil Corporation (NYSE:XOM - Free Report) by 91.2% in the 3rd quarter, according to its most recent filing with the SEC. The fund owned 1,139 shares of the oil and gas company's stock after selling 11,873 shares during the period. Kelleher Financial Advisors' holdings in ExxonMobil were worth $185,000 as of its most recent filing with the SEC.

Several other hedge funds have also bought and sold shares of the company. NBT Bank N.A. bought a new stake in shares of ExxonMobil during the 3rd quarter worth about $26,000. Aventus Investment Advisors Inc. acquired a new position in ExxonMobil in the 2nd quarter valued at about $27,000. Atlantic Private Wealth LLC raised its holdings in ExxonMobil by 776.9% in the 1st quarter. Atlantic Private Wealth LLC now owns 228 shares of the oil and gas company's stock valued at $39,000 after acquiring an additional 202 shares during the period. Financial Connections Group Inc. bought a new position in ExxonMobil in the 1st quarter valued at about $53,000. Finally, Clal Insurance Enterprises Holdings Ltd raised its holdings in ExxonMobil by 53.1% in the 1st quarter. Clal Insurance Enterprises Holdings Ltd now owns 326 shares of the oil and gas company's stock valued at $55,000 after acquiring an additional 113 shares during the period. 61.80% of the stock is currently owned by institutional investors and hedge funds.

ExxonMobil News Roundup

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 Down 2.2%

NYSE XOM opened at $165.49 on Friday. The company has a current ratio of 1.19, a quick ratio of 0.92 and a debt-to-equity ratio of 0.11. The company has a market cap of $675.06 billion, a price-to-earnings ratio of 17.01, a PEG ratio of 0.83 and a beta of 0.16. The company has a 50 day moving average of $168.65 and a 200-day moving average of $155.24. 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 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. The business had revenue of $110.50 billion for 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 quarter in the prior year, the business posted $1.88 earnings per share. On average, equities research analysts expect that ExxonMobil Corporation will post 13.54 earnings per share for the current fiscal year.

ExxonMobil Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, December 10th. Investors of record on Monday, November 16th will be given a $1.07 dividend. The ex-dividend date is Monday, November 16th. This is an increase 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 dividend payout ratio (DPR) is 42.34%.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently issued reports on XOM shares. Royal Bank Of Canada restated a "sector perform" rating and set a $180.00 price objective (up from $160.00) on shares of ExxonMobil in a report on Monday, September 21st. Wells Fargo & Company increased their target price on ExxonMobil from $182.00 to $189.00 and gave the stock an "equal weight" rating in a research note on Monday. Barclays increased their target price on ExxonMobil from $177.00 to $200.00 and gave the stock an "overweight" rating in a research note on Monday, October 19th. Bank of America cut ExxonMobil from a "buy" rating to a "neutral" rating and lifted their price target for the stock from $154.00 to $158.00 in a report on Tuesday, July 28th. Finally, Freedom Capital upgraded ExxonMobil from a "strong sell" rating to a "hold" rating in a research note on Tuesday, August 4th. One investment analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating, thirteen have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the company presently has a consensus rating of "Hold" and a consensus price target of $170.74.

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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