ExxonMobil Corporation $XOM Shares Bought by Soltis Investment Advisors LLC

Soltis Investment Advisors LLC lifted its stake in shares of ExxonMobil Corporation (NYSE:XOM) by 18.8% during the third quarter, Holdings Channel reports. The firm owned 54,973 shares of the oil and gas company’s stock after buying an additional 8,680 shares during the period. Soltis Investment Advisors LLC’s holdings in ExxonMobil were worth $8,947,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also made changes to their positions in the stock. CPA Asset Management Group LLC boosted its position in 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 purchasing an additional 60 shares during the period. WP Advisors LLC increased its position in ExxonMobil by 3.0% in the third quarter. WP Advisors LLC now owns 2,167 shares of the oil and gas company’s stock worth $353,000 after buying an additional 63 shares during the period. Avant Capital LLC increased its position in ExxonMobil by 0.6% in the second quarter. Avant Capital LLC now owns 11,182 shares of the oil and gas company’s stock worth $1,529,000 after buying an additional 65 shares during the period. Impact Partnership Wealth LLC lifted its stake in 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 valued at $2,039,000 after buying an additional 67 shares during the last quarter. Finally, Core Wealth Advisors Inc. lifted its stake in 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 valued at $1,155,000 after buying an additional 68 shares during the last quarter. Institutional investors own 61.80% of the company’s stock.

Key Stories 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.

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on XOM shares. Freedom Capital raised shares of ExxonMobil from a “strong sell” rating to a “hold” rating in a report on Tuesday, August 4th. BNP Paribas Exane dropped their price objective on shares of ExxonMobil from $165.00 to $155.00 and set a “neutral” rating on the stock in a report on Friday, July 17th. William Blair assumed coverage on shares of ExxonMobil in a report on Wednesday. They issued a “market perform” rating on the stock. Wall Street Zen upgraded shares of ExxonMobil from a “hold” rating to a “buy” rating in a research report on Saturday, October 24th. Finally, Mizuho reduced their target price on shares of ExxonMobil from $175.00 to $170.00 and set a “neutral” rating for the company in a research note on Thursday, July 9th. One investment analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and fourteen have given a Hold rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $167.70.

ExxonMobil Stock Performance

XOM opened at $187.03 on Friday. The company has a market capitalization of $775.23 billion, a price-to-earnings ratio of 19.22, a price-to-earnings-growth ratio of 0.94 and a beta of 0.21. The company has a debt-to-equity ratio of 0.12, a current ratio of 1.13 and a quick ratio of 0.85. ExxonMobil Corporation has a 1-year low of $112.51 and a 1-year high of $188.50. The business has a 50 day moving average price of $167.76 and a two-hundred day moving average price of $154.35.

ExxonMobil (NYSE:XOM) 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, 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 firm had revenue of $110.50 billion during the quarter, compared to analyst estimates of $104.89 billion. During the same period last year, the company posted $1.88 EPS. Research analysts predict that ExxonMobil Corporation will post 13.58 EPS for the current fiscal year.

ExxonMobil Company 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.