ExxonMobil Corporation $XOM Stock Acquired by Asset One Wealth Management LLC

Posted by Brian Himes on Nov 7th, 2026

Asset One Wealth Management LLC increased its position in ExxonMobil Corporation (NYSE:XOM – Free Report) by 179.8% in the 3rd quarter, HoldingsChannel reports. The fund owned 26,700 shares of the oil and gas company’s stock after purchasing an additional 17,159 shares during the period. Asset One Wealth Management LLC’s holdings in ExxonMobil were worth $4,345,000 as of its most recent filing with the SEC.

Other hedge funds have also recently made changes to their positions in the company. NBT Bank N.A. purchased a new stake in ExxonMobil during the 3rd quarter valued at approximately $26,000. Aventus Investment Advisors Inc. purchased a new position in shares of ExxonMobil during the 2nd quarter worth $27,000. Atlantic Private Wealth LLC boosted its holdings in ExxonMobil by 776.9% in the first quarter. Atlantic Private Wealth LLC now owns 228 shares of the oil and gas company’s stock valued at $39,000 after purchasing an additional 202 shares during the period. Pioneer Family Office LLC purchased a new position in ExxonMobil during the 3rd quarter worth $42,000. Finally, Financial Connections Group Inc. acquired a new position in shares of ExxonMobil in the first quarter worth $53,000. 61.80% of the stock is owned by hedge funds and other institutional investors.

Key ExxonMobil News

Here are the key news stories impacting ExxonMobil this week:

Positive Sentiment: Citigroup and TD Cowen analysts reportedly see potential for further share-price appreciation, providing a bullish counterweight to the downgrade. Citigroup Forecasts Strong Price Appreciation for ExxonMobil TD Cowen Analyst Expects ExxonMobil Stock to Rise
Positive Sentiment: ExxonMobil’s Uaru project is expected to unlock additional supply capacity in Guyana, supporting the company’s long-term production outlook in a growing oil-producing market. IMF Projects Strong Guyana Growth as Uaru Adds Supply Capacity
Positive Sentiment: A fund manager with about $5.87 billion under management is described as betting big on ExxonMobil, which may reinforce confidence among investors watching institutional positioning. A $5.9 Billion Fund Is Betting Big on ExxonMobil
Neutral Sentiment: ExxonMobil and Shell are reportedly exploring a sale of their Infineum joint venture, potentially a multi-billion-dollar transaction. A sale could reshape the portfolio, but its impact depends on the terms and use of proceeds. ExxonMobil and Shell Reportedly Explore Infineum Sale
Negative Sentiment: DZ Bank’s downgrade was followed by reports of declines in XOM shares, making the rating change a near-term negative catalyst. The coverage does not provide the specific rationale or revised price target. ExxonMobil Gets a Downgrade from DZ Bank

ExxonMobil Stock Up 0.3%

ExxonMobil stock opened at $165.81 on Friday. The stock’s fifty day simple moving average is $168.83 and its 200-day simple moving average is $155.41. The firm has a market capitalization of $687.28 billion, a P/E ratio of 17.04, a P/E/G ratio of 0.90 and a beta of 0.16. The company has a current ratio of 1.19, a quick ratio of 0.92 and a debt-to-equity ratio of 0.11. ExxonMobil Corporation has a twelve month low of $114.19 and a twelve month high of $188.50.

ExxonMobil (NYSE:XOM – Get Free Report) last posted its quarterly earnings results on Friday, October 30th. The oil and gas company reported $4.23 earnings per share (EPS) for the quarter, beating the consensus estimate of $4.12 by $0.11. The business had revenue of $110.50 billion for the quarter, compared to analyst estimates of $104.89 billion. ExxonMobil had a return on equity of 16.63% and a net margin of 10.24%. During the same period in the prior year, the company posted $1.88 EPS. As a group, equities analysts expect that ExxonMobil Corporation will post 13.34 earnings per share for the current fiscal year.

ExxonMobil Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, December 10th. Shareholders of record on Monday, November 16th will be given a dividend of $1.07 per share. This represents a $4.28 dividend on an annualized basis and a yield of 2.6%. This is a positive change from ExxonMobil’s previous quarterly dividend of $1.03. The ex-dividend date of this dividend is Monday, November 16th. ExxonMobil’s dividend payout ratio (DPR) is presently 42.34%.

Wall Street Analysts Forecast Growth

Several brokerages have weighed in on XOM. Piper Sandler increased their target price on ExxonMobil from $158.00 to $185.00 and gave the stock a “neutral” rating in a research report on Thursday, September 3rd. Morgan Stanley raised their price target on ExxonMobil from $185.00 to $187.00 and gave the stock an “overweight” rating in a research report on Monday, November 2nd. Freedom Capital raised shares of ExxonMobil from a “strong sell” rating to a “hold” rating in a research report on Tuesday, August 4th. Zacks Research upgraded shares of ExxonMobil from a “hold” rating to a “strong-buy” rating in a report on Monday, October 19th. Finally, Barclays upped their price objective on ExxonMobil from $177.00 to $200.00 and gave the stock an “overweight” rating in a report on Monday, October 19th. One investment analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating, fourteen have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $170.38.

Read Our Latest Analysis on XOM

About ExxonMobil

(Free Report)

ExxonMobil is an integrated energy and chemical company with operations spanning the oil and natural gas value chain. Its businesses explore for and produce crude oil and natural gas, refine and market fuels, and manufacture chemicals and other specialty products.

The company’s products include gasoline, diesel, jet fuel, lubricants, petrochemical feedstocks and materials used in a wide range of consumer and industrial applications. ExxonMobil also pursues lower-emission solutions, including carbon capture and storage, hydrogen and lower-emission fuels.

ExxonMobil serves customers and operates in markets around the world.