ExxonMobil Corporation $XOM Stock Position Trimmed by New York Life Investment Management LLC

Posted by Francis Steltz on Nov 11th, 2026

New York Life Investment Management LLC decreased its position in shares of ExxonMobil Corporation (NYSE:XOM – Free Report) by 1.0% during the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 571,863 shares of the oil and gas company’s stock after selling 5,506 shares during the quarter. ExxonMobil makes up approximately 0.6% of New York Life Investment Management LLC’s holdings, making the stock its 29th largest holding. New York Life Investment Management LLC’s holdings in ExxonMobil were worth $93,071,000 as of its most recent filing with the SEC.

Other large investors have also recently bought and sold shares of the company. Dimensional Fund Advisors LP increased its stake in shares of ExxonMobil by 5.7% in the 1st 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 buying an additional 1,540,902 shares during the period. Amundi raised its position in shares of 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 acquiring an additional 1,192,386 shares during the last quarter. GQG Partners LLC raised its position in shares of 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 acquiring an additional 10,214,420 shares during the last quarter. Swiss National Bank lifted its stake in shares of 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 valued at $2,099,783,000 after acquiring an additional 693,800 shares during the period. Finally, National Pension Service lifted its stake in shares of 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 acquiring an additional 166,268 shares during the period. Institutional investors and hedge funds own 61.80% of the company’s stock.

ExxonMobil News Summary

Here are the key news stories impacting ExxonMobil this week:

Positive Sentiment: ExxonMobil signed a preliminary agreement to evaluate oil opportunities in Venezuela, potentially opening access to significant resources and future production growth. The deal is only exploratory, however, and does not mean the company is returning to full-scale operations. Reuters article
Neutral Sentiment: The Venezuela opportunity comes with substantial political and asset risks: ExxonMobil has previously lost assets there, and its CEO had called the country “uninvestable.” That history may limit how quickly the company commits capital. The Motley Fool article
Negative Sentiment: Energy stocks were falling before Tuesday’s open, suggesting sector-wide weakness that could pressure XOM independently of company-specific news. Energy sector update
Negative Sentiment: ExxonMobil paused work on its planned Texas hydrogen facility amid weak customer demand and uncertainty about federal funding. The delay raises questions about the timing and growth prospects of its low-carbon business. Yahoo Finance article

Analyst Ratings Changes

Several equities analysts recently issued reports on the company. Royal Bank Of Canada reiterated a “sector perform” rating and issued a $180.00 price target (up from $160.00) on shares of ExxonMobil in a report on Monday, September 21st. Freedom Capital upgraded ExxonMobil from a “strong sell” rating to a “hold” rating in a research report on Tuesday, August 4th. William Blair began coverage on ExxonMobil in a report on Wednesday, October 28th. They set a “market perform” rating for the company. Jefferies Financial Group upped their target price on shares of ExxonMobil from $184.00 to $200.00 and gave the company a “buy” rating in a research report on Monday, August 17th. Finally, Bank of America lowered shares of ExxonMobil from a “buy” rating to a “neutral” rating and raised their target price for the company 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 given a Buy rating, fourteen have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $170.38.

Read Our Latest Stock Report on ExxonMobil

ExxonMobil Price Performance

XOM opened at $164.42 on Wednesday. The company has a fifty day moving average price of $169.06 and a two-hundred day moving average price of $155.72. The company has a debt-to-equity ratio of 0.11, a quick ratio of 0.92 and a current ratio of 1.19. ExxonMobil Corporation has a 52 week low of $114.19 and a 52 week high of $188.50. The firm has a market capitalization of $670.71 billion, a PE ratio of 16.90, a P/E/G ratio of 0.82 and a beta of 0.16.

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

ExxonMobil Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, December 10th. Investors of record on Monday, November 16th will be paid a dividend of $1.07 per share. This represents a $4.28 dividend on an annualized basis and a dividend yield of 2.6%. This is a boost from ExxonMobil’s previous quarterly dividend of $1.03. The ex-dividend date of this dividend is Monday, November 16th. ExxonMobil’s payout ratio is presently 43.99%.

ExxonMobil Company Profile

(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.