ExxonMobil Corporation $XOM Shares Newly Acquired by Marin Bay Wealth Advisors LLC

Marin Bay Wealth Advisors LLC purchased a new position in shares of ExxonMobil Corporation (NYSE:XOM) in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm purchased 10,737 shares of the oil and gas company’s stock, valued at approximately $1,748,000. ExxonMobil accounts for approximately 0.9% of Marin Bay Wealth Advisors LLC’s investment portfolio, making the stock its 24th largest position.

Other institutional investors and hedge funds have also recently modified their holdings of the company. CPA Asset Management Group LLC grew its stake in ExxonMobil by 1.8% in 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 buying an additional 60 shares during the last quarter. WP Advisors LLC increased its stake in 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 acquiring an additional 63 shares during the period. Avant Capital LLC raised its stake 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 valued at $1,529,000 after purchasing an additional 65 shares in the last quarter. Impact Partnership Wealth LLC lifted its holdings in shares of ExxonMobil by 0.6% during the 1st quarter. Impact Partnership Wealth LLC now owns 12,017 shares of the oil and gas company’s stock worth $2,039,000 after acquiring an additional 67 shares during the period. Finally, Core Wealth Advisors Inc. lifted its stake in ExxonMobil by 1.0% during 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 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 market cap of $775.23 billion, a PE ratio of 19.22, a price-to-earnings-growth ratio of 0.94 and a beta of 0.21. The business has a 50 day moving average price of $167.76 and a 200-day moving average price of $154.35. ExxonMobil Corporation has a 52 week low of $112.51 and a 52 week high of $188.50. The company has a quick ratio of 0.85, a current ratio of 1.13 and a debt-to-equity ratio of 0.12.

ExxonMobil (NYSE:XOM) last issued its quarterly earnings data on Friday, October 30th. The oil and gas company reported $4.23 earnings per share for the quarter, beating the consensus estimate of $4.12 by $0.11. ExxonMobil had a return on equity of 13.14% and a net margin of 8.88%. The business had revenue of $110.50 billion for the quarter, compared to analysts’ expectations of $104.89 billion. During the same period last year, the business earned $1.88 EPS. Equities analysts anticipate that ExxonMobil Corporation will post 13.58 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several analysts recently weighed in on the company. 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 note on Monday, August 17th. Citigroup reissued a “neutral” rating and issued a $175.00 price objective (up from $150.00) on shares of ExxonMobil in a research note on Wednesday, July 8th. The Goldman Sachs Group reiterated a “neutral” rating and issued a $178.00 target price on shares of ExxonMobil in a report on Tuesday, October 20th. DZ Bank downgraded ExxonMobil from a “buy” rating to a “hold” rating and set a $156.00 price target for the company. in a report on Tuesday, August 4th. Finally, JPMorgan Chase & Co. lifted their price objective on shares of ExxonMobil from $158.00 to $166.00 and gave the company an “overweight” rating in a research note on Monday, August 3rd. One equities research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and fourteen have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $167.70.

ExxonMobil News Roundup

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 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.