Partners Wealth Management LLC Purchases New Holdings in ExxonMobil Corporation $XOM

Key Points

• Partners Wealth Management LLC purchased 20,381 ExxonMobil shares during the third quarter, valued at approximately $3.3 million. Institutional investors collectively own 61.8% of the company.
• ExxonMobil reported quarterly EPS of $4.23, beating the $4.12 consensus estimate, while revenue reached $110.5 billion versus expectations of $104.89 billion. Strong refining margins were a major contributor to the results.
• XOM shares opened at $187.03, near their 52-week high of $188.50. Analysts’ consensus rating is “Moderate Buy,” with an average price target of $167.70, below the current share price.

Partners Wealth Management LLC purchased a new position in shares of ExxonMobil Corporation (NYSE:XOM - Free Report) during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 20,381 shares of the oil and gas company's stock, valued at approximately $3,317,000.

A number of other hedge funds have also recently added to or reduced their stakes in the stock. CPA Asset Management Group LLC lifted its position in shares of ExxonMobil by 1.8% during the 3rd quarter. CPA Asset Management Group LLC now owns 3,450 shares of the oil and gas company's stock valued at $561,000 after acquiring an additional 60 shares during the period. WP Advisors LLC grew its holdings in shares of ExxonMobil by 3.0% during the 3rd quarter. WP Advisors LLC now owns 2,167 shares of the oil and gas company's stock worth $353,000 after purchasing an additional 63 shares in the last quarter. Avant Capital LLC grew its holdings in shares of ExxonMobil by 0.6% during the 2nd quarter. Avant Capital LLC now owns 11,182 shares of the oil and gas company's stock worth $1,529,000 after purchasing an additional 65 shares in the last quarter. Impact Partnership Wealth LLC increased its position in shares of ExxonMobil by 0.6% in the first quarter. Impact Partnership Wealth LLC now owns 12,017 shares of the oil and gas company's stock worth $2,039,000 after purchasing an additional 67 shares during the period. Finally, Core Wealth Advisors Inc. increased its position in shares of ExxonMobil by 1.0% in the first quarter. Core Wealth Advisors Inc. now owns 6,805 shares of the oil and gas company's stock worth $1,155,000 after purchasing an additional 68 shares during the period. Institutional investors own 61.80% of the company's stock.

ExxonMobil Stock Performance

Shares of XOM stock opened at $187.03 on Friday. ExxonMobil Corporation has a one year low of $112.51 and a one year high of $188.50. The company has a debt-to-equity ratio of 0.12, a current ratio of 1.13 and a quick ratio of 0.85. The business's 50 day simple moving average is $167.76 and its 200 day simple moving average is $154.35. The stock 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 quarterly earnings data on Friday, October 30th. The oil and gas company reported $4.23 earnings per share (EPS) for the quarter, beating 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 company had revenue of $110.50 billion for the quarter, compared to the consensus estimate of $104.89 billion. During the same period in the previous year, the business earned $1.88 EPS. As a group, research analysts forecast that ExxonMobil Corporation will post 13.58 earnings per share for the current year.

Trending Headlines about 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.

Wall Street Analyst Weigh In

A number of research analysts recently commented on the company. Zacks Research raised ExxonMobil from a "hold" rating to a "strong-buy" rating in a research note on Monday, October 19th. Freedom Capital upgraded shares of ExxonMobil from a "strong sell" rating to a "hold" rating in a research note on Tuesday, August 4th. Bank of America downgraded shares of ExxonMobil from a "buy" rating to a "neutral" rating and increased their price objective for the stock from $154.00 to $158.00 in a research note on Tuesday, July 28th. Citigroup reissued a "neutral" rating and issued a $175.00 target price (up from $150.00) on shares of ExxonMobil in a report on Wednesday, July 8th. Finally, UBS Group restated a "buy" rating and issued a $199.00 target price on shares of ExxonMobil in a research report on Monday, October 19th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and fourteen have issued a Hold rating to the company's stock. According to data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average price target of $167.70.

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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