33,900 Shares of ExxonMobil Corporation $XOM Acquired by Cherokee Insurance Co

Posted by Brenda Bartman on Nov 12th, 2026

Cherokee Insurance Co acquired a new position in ExxonMobil Corporation (NYSE:XOM – Free Report) in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 33,900 shares of the oil and gas company’s stock, valued at approximately $5,517,000. ExxonMobil accounts for approximately 2.0% of Cherokee Insurance Co’s portfolio, making the stock its 15th largest holding.

A number of other hedge funds have also recently made changes to their positions in the business. Brown Financial Advisory boosted its position in shares of ExxonMobil by 5.8% during the third quarter. Brown Financial Advisory now owns 1,719 shares of the oil and gas company’s stock worth $280,000 after acquiring an additional 95 shares during the last quarter. Valued Wealth Advisors LLC increased its holdings in ExxonMobil by 11.0% in the 3rd quarter. Valued Wealth Advisors LLC now owns 3,027 shares of the oil and gas company’s stock valued at $493,000 after acquiring an additional 299 shares during the last quarter. International Private Wealth Advisors LLC increased its holdings in ExxonMobil by 62.3% in the 3rd quarter. International Private Wealth Advisors LLC now owns 4,422 shares of the oil and gas company’s stock valued at $720,000 after acquiring an additional 1,698 shares during the last quarter. DSG Capital Advisors LLC lifted its stake in ExxonMobil by 0.4% in the 3rd quarter. DSG Capital Advisors LLC now owns 16,046 shares of the oil and gas company’s stock worth $2,611,000 after purchasing an additional 62 shares in the last quarter. Finally, Silver Grove Financial Group Inc. lifted its stake in ExxonMobil by 53.2% in the 3rd quarter. Silver Grove Financial Group Inc. now owns 8,441 shares of the oil and gas company’s stock worth $1,374,000 after purchasing an additional 2,931 shares in the last quarter. Institutional investors own 61.80% of the company’s stock.

ExxonMobil News Summary

Investors following XOM have been watching these news items:

Neutral Sentiment: Exxon is assessing seven areas in Venezuela under a preliminary agreement to explore possible energy projects. The move could create longer-term growth options, but it is not a commitment to invest or produce, and Venezuela’s political and investment risks remain significant given Exxon’s history there. Article: Exxon assessing seven areas in Venezuela
Neutral Sentiment: Exxon has launched a legal challenge to EU carbon-capture rules, seeking to suspend timing requirements. The outcome could affect compliance costs and project schedules, but the report does not establish whether the challenge will succeed. Article: ExxonMobil challenges EU carbon capture rules
Neutral Sentiment: The CEO’s unexpected absence from global climate talks prompted questions about Exxon’s energy priorities, but no specific operational or financial change was reported. Article: Exxon’s CEO walked away from global climate talks

ExxonMobil Price Performance

ExxonMobil stock opened at $166.54 on Thursday. ExxonMobil Corporation has a 52-week low of $114.19 and a 52-week high of $188.50. The company has a quick ratio of 0.92, a current ratio of 1.19 and a debt-to-equity ratio of 0.11. The firm’s fifty day moving average is $169.10 and its 200 day moving average is $155.88. The company has a market cap of $679.37 billion, a price-to-earnings ratio of 17.12, a PEG ratio of 0.82 and a beta of 0.16.

ExxonMobil (NYSE:XOM – Get Free Report) last issued its quarterly earnings data on Friday, October 30th. The oil and gas company reported $4.23 EPS for the quarter, topping analysts’ consensus estimates of $4.12 by $0.11. ExxonMobil had a net margin of 10.24% and a return on equity of 16.63%. The business had revenue of $110.50 billion during the quarter, compared to analysts’ expectations of $104.89 billion. During the same period last year, the company posted $1.88 EPS. Sell-side analysts forecast that ExxonMobil Corporation will post 13.34 EPS for the current fiscal year.

ExxonMobil Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, December 10th. Investors of record on Monday, November 16th will be issued a $1.07 dividend. This represents a $4.28 dividend on an annualized basis and a dividend yield of 2.6%. The ex-dividend date of this dividend is Monday, November 16th. This is a positive change from ExxonMobil’s previous quarterly dividend of $1.03. ExxonMobil’s payout ratio is 42.34%.

Wall Street Analysts Forecast Growth

Several research firms have commented on XOM. Wall Street Zen raised shares of ExxonMobil from a “hold” rating to a “buy” rating in a report on Saturday, November 7th. Jefferies Financial Group lifted their target price on ExxonMobil from $184.00 to $200.00 and gave the stock a “buy” rating in a report on Monday, August 17th. Bank of America downgraded ExxonMobil from a “buy” rating to a “neutral” rating and boosted their target price for the stock from $154.00 to $158.00 in a research report on Tuesday, July 28th. Freedom Broker increased their price target on ExxonMobil from $142.00 to $162.00 and gave the company a “hold” rating in a research note on Friday, November 6th. Finally, BNP Paribas Exane cut their price target on ExxonMobil from $165.00 to $155.00 and set a “neutral” rating for the company in a report on Friday, July 17th. One research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, fourteen have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $170.38.

View Our Latest Stock Analysis on ExxonMobil

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.