Financial Solutions Advisory Group Inc. Acquires New Stake in ExxonMobil Corporation $XOM

Key Points

• Financial Solutions Advisory Group acquired 11,604 ExxonMobil shares worth approximately $2.08 million during the third quarter. Institutional investors collectively own 61.8% of the company.
• Analyst sentiment remains broadly positive, with a consensus rating of “Moderate Buy” and an average price target of $167.70, despite mixed recent rating changes and targets ranging up to $200.
• ExxonMobil reported quarterly earnings of $4.23 per share and revenue of $110.5 billion, beating estimates. Shares opened at $187.03, near their 52-week high of $188.50.

Financial Solutions Advisory Group Inc. bought a new position in shares of ExxonMobil Corporation (NYSE:XOM - Free Report) during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor bought 11,604 shares of the oil and gas company's stock, valued at approximately $2,077,000.

Several other institutional investors have also recently made changes to their positions in the company. Assetmark Inc. grew its position in shares of ExxonMobil by 8.3% in the 1st quarter. Assetmark Inc. now owns 492,309 shares of the oil and gas company's stock worth $83,525,000 after buying an additional 37,666 shares during the period. Charles Schwab Trust Co boosted its stake in ExxonMobil by 392.9% during the second quarter. Charles Schwab Trust Co now owns 122,223 shares of the oil and gas company's stock worth $16,710,000 after acquiring an additional 97,424 shares in the last quarter. CV Advisors LLC boosted its stake in ExxonMobil by 126.7% during the second quarter. CV Advisors LLC now owns 11,589 shares of the oil and gas company's stock worth $1,584,000 after acquiring an additional 6,478 shares in the last quarter. Midwest Trust Co grew its holdings in ExxonMobil by 3.9% in the first quarter. Midwest Trust Co now owns 710,969 shares of the oil and gas company's stock worth $120,623,000 after purchasing an additional 26,411 shares during the period. Finally, Envestnet Portfolio Solutions Inc. grew its holdings in ExxonMobil by 13.6% in the second quarter. Envestnet Portfolio Solutions Inc. now owns 253,420 shares of the oil and gas company's stock worth $34,648,000 after purchasing an additional 30,423 shares during the period. Institutional investors own 61.80% of the company's stock.

Analysts Set New Price Targets

Several equities analysts have recently issued reports on XOM shares. Wells Fargo & Company lowered shares of ExxonMobil from an "overweight" rating to an "equal weight" rating and set a $182.00 target price for the company. in a report on Thursday, October 1st. Citigroup restated a "neutral" rating and issued a $175.00 price target (up from $150.00) on shares of ExxonMobil in a research note on Wednesday, July 8th. TD Cowen raised their price objective on ExxonMobil from $168.00 to $180.00 and gave the company a "buy" rating in a research report on Monday, September 28th. 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 report on Monday, August 17th. Finally, Freedom Capital upgraded ExxonMobil from a "strong sell" rating to a "hold" rating in a research note on Tuesday, August 4th. One analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and fourteen have issued a Hold rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $167.70.

ExxonMobil Stock Up 2.0%

NYSE:XOM opened at $187.03 on Friday. The company has a debt-to-equity ratio of 0.12, a quick ratio of 0.85 and a current ratio of 1.13. The firm has a market cap of $775.23 billion, a P/E ratio of 24.07, a P/E/G ratio of 0.92 and a beta of 0.21. ExxonMobil Corporation has a fifty-two week low of $112.51 and a fifty-two week high of $188.50. The firm has a 50-day simple moving average of $167.76 and a two-hundred day simple moving average of $154.35.

ExxonMobil (NYSE:XOM - Get Free Report) last issued its earnings results on Friday, October 30th. The oil and gas company reported $4.23 earnings per share (EPS) for the quarter, topping the consensus estimate of $4.12 by $0.11. ExxonMobil had a net margin of 8.88% and a return on equity of 13.14%. The firm had revenue of $110.50 billion for the quarter, compared to the consensus estimate of $104.89 billion. During the same quarter in the prior year, the firm posted $1.88 earnings per share. Analysts predict that ExxonMobil Corporation will post 13.61 earnings per share for the current fiscal year.

Key Headlines 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.

About ExxonMobil

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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