Everett Harris & Co. CA Makes New $22.17 Million Investment in ExxonMobil Corporation $XOM

Everett Harris & Co. CA acquired a new position in shares of ExxonMobil Corporation (NYSE:XOM) in the third quarter, Holdings Channel reports. The fund acquired 136,238 shares of the oil and gas company’s stock, valued at approximately $22,173,000.

Several other institutional investors have also made changes to their positions in XOM. Dimensional Fund Advisors LP increased its stake in ExxonMobil by 5.7% in the first quarter. Dimensional Fund Advisors LP now owns 28,364,314 shares of the oil and gas company’s stock valued at $4,812,790,000 after acquiring an additional 1,540,902 shares during the period. Amundi lifted its stake in ExxonMobil by 5.1% during the first quarter. Amundi now owns 24,511,156 shares of the oil and gas company’s stock worth $4,158,563,000 after purchasing an additional 1,192,386 shares during the period. GQG Partners LLC lifted its stake in ExxonMobil by 153.3% during the second quarter. GQG Partners LLC now owns 16,877,523 shares of the oil and gas company’s stock worth $2,307,497,000 after purchasing an additional 10,214,420 shares during the period. Swiss National Bank lifted its stake in ExxonMobil by 5.9% during the first quarter. Swiss National Bank now owns 12,376,418 shares of the oil and gas company’s stock worth $2,099,783,000 after purchasing an additional 693,800 shares during the period. Finally, National Pension Service boosted its holdings in ExxonMobil by 1.8% during the second quarter. National Pension Service now owns 9,664,021 shares of the oil and gas company’s stock valued at $1,321,265,000 after purchasing an additional 166,268 shares in the last quarter. 61.80% of the stock is currently owned by institutional investors and hedge funds.

ExxonMobil Stock Performance

Shares of ExxonMobil stock 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 stock’s fifty day simple moving average is $167.76 and its 200 day simple 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 PE ratio of 19.22, a PEG ratio of 0.94 and a beta of 0.21.

ExxonMobil (NYSE:XOM) last released its quarterly earnings results on Friday, October 30th. The oil and gas company reported $4.23 earnings per share 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 the consensus estimate of $104.89 billion. During the same quarter in the prior year, the firm posted $1.88 EPS. On average, research analysts predict that ExxonMobil Corporation will post 13.58 EPS for the current year.

More ExxonMobil News

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.

Analysts Set New Price Targets

Several equities research analysts have recently weighed in on XOM shares. Morgan Stanley upped 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. Piper Sandler increased their target price on shares of ExxonMobil from $158.00 to $185.00 and gave the stock a “neutral” rating in a research report on Thursday, September 3rd. HSBC reissued a “hold” rating and set a $90.00 price target on shares of ExxonMobil in a report on Friday, September 25th. DZ Bank lowered shares of ExxonMobil from a “buy” rating to a “hold” rating and set a $156.00 price target on the stock. in a research report on Tuesday, August 4th. Finally, Bank of America cut shares of ExxonMobil from a “buy” rating to a “neutral” rating and upped their price objective for the stock from $154.00 to $158.00 in a research note on Tuesday, July 28th. One research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and fourteen have issued a Hold rating to the company. According to MarketBeat, ExxonMobil has an average rating of “Moderate Buy” and a consensus target price 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.