ExxonMobil Corporation $XOM Shares Sold by Modera Wealth Management LLC

Modera Wealth Management LLC lessened its position in ExxonMobil Corporation (NYSE:XOM) by 5.8% in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 70,070 shares of the oil and gas company’s stock after selling 4,279 shares during the quarter. Modera Wealth Management LLC’s holdings in ExxonMobil were worth $11,404,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds also recently made changes to their positions in the company. Greenup Street Wealth Management LLC increased its stake in shares of 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 purchasing an additional 27,050 shares in the last quarter. State of Wyoming lifted its holdings in shares of ExxonMobil by 17.4% during the third quarter. State of Wyoming now owns 16,330 shares of the oil and gas company’s stock valued at $2,658,000 after purchasing an additional 2,422 shares during the last quarter. Petros Family Wealth LLC lifted its holdings in shares of ExxonMobil by 3.1% during the third quarter. Petros Family Wealth LLC now owns 2,349 shares of the oil and gas company’s stock valued at $382,000 after purchasing an additional 70 shares during the last quarter. Whelan Financial boosted its position in shares of ExxonMobil by 21.4% in the 3rd quarter. Whelan Financial now owns 4,376 shares of the oil and gas company’s stock worth $712,000 after purchasing an additional 771 shares in the last quarter. Finally, Raleigh Capital Management Inc. bought a new stake in shares of ExxonMobil in the 3rd quarter worth approximately $1,197,000. 61.80% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Several research firms recently weighed in on XOM. BNP Paribas Exane cut their price target on ExxonMobil from $165.00 to $155.00 and set a “neutral” rating on the stock in a research note on Friday, July 17th. DZ Bank cut ExxonMobil from a “buy” rating to a “hold” rating and set a $156.00 price objective for the company. in a research note on Tuesday, August 4th. Morgan Stanley lifted their price objective on ExxonMobil from $177.00 to $185.00 and gave the company an “overweight” rating in a research note on Thursday, October 15th. Wall Street Zen raised ExxonMobil from a “hold” rating to a “buy” rating in a report on Saturday, October 24th. Finally, HSBC reissued a “hold” rating and issued a $90.00 target price on shares of ExxonMobil in a research note on Friday, September 25th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and fourteen have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $167.70.

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.

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 19.22, a P/E/G ratio of 0.94 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) 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. The firm had revenue of $110.50 billion for the quarter, compared to the consensus estimate of $104.89 billion. ExxonMobil had a net margin of 8.88% and a return on equity of 13.14%. During the same quarter in the prior year, the firm posted $1.88 earnings per share. Analysts predict that ExxonMobil Corporation will post 13.58 earnings per share for the current fiscal year.

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.