Ashton Thomas Private Wealth LLC Buys 23,252 Shares of ExxonMobil Corporation $XOM

Posted by Stanley Muller on Nov 7th, 2026

Ashton Thomas Private Wealth LLC lifted its stake in ExxonMobil Corporation (NYSE:XOM – Free Report) by 16.5% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 163,840 shares of the oil and gas company’s stock after buying an additional 23,252 shares during the quarter. Ashton Thomas Private Wealth LLC’s holdings in ExxonMobil were worth $26,665,000 as of its most recent SEC filing.

Several other hedge funds have also made changes to their positions in XOM. NBT Bank N.A. acquired a new stake in ExxonMobil during the 3rd quarter valued at $26,000. Aventus Investment Advisors Inc. acquired a new position in ExxonMobil in the second quarter valued at approximately $27,000. Atlantic Private Wealth LLC lifted its position in ExxonMobil by 776.9% during the 1st quarter. Atlantic Private Wealth LLC now owns 228 shares of the oil and gas company’s stock worth $39,000 after buying an additional 202 shares in the last quarter. Pioneer Family Office LLC bought a new position in ExxonMobil during the third quarter worth about $42,000. Finally, Financial Connections Group Inc. acquired a new position in ExxonMobil during the 1st quarter worth about $53,000. Institutional investors and hedge funds own 61.80% of the company’s stock.

Key Headlines Impacting ExxonMobil

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

Analysts Set New Price Targets

A number of research analysts recently commented on XOM shares. DZ Bank cut ExxonMobil from a “hold” rating to a “sell” rating and set a $170.00 target price on the stock. in a research note on Wednesday. Piper Sandler increased their target price on shares of ExxonMobil from $158.00 to $185.00 and gave the stock a “neutral” rating in a research note on Thursday, September 3rd. William Blair initiated coverage on shares of ExxonMobil in a research note on Wednesday, October 28th. They set a “market perform” rating for the company. BMO Capital Markets lifted their target price on ExxonMobil from $160.00 to $170.00 and gave the company a “market perform” rating in a research note on Wednesday, August 12th. Finally, Royal Bank Of Canada restated a “sector perform” rating and issued a $180.00 target price (up from $160.00) on shares of ExxonMobil in a research note on Monday, September 21st. One equities 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 given a Sell rating to the company’s stock. According to data from MarketBeat, ExxonMobil currently has an average rating of “Hold” and a consensus price target of $170.38.

View Our Latest Research Report on XOM

ExxonMobil Price Performance

XOM stock opened at $165.81 on Friday. The company has a market cap of $687.28 billion, a price-to-earnings ratio of 17.04, a PEG ratio of 0.90 and a beta of 0.16. The firm has a 50 day moving average of $168.83 and a 200-day moving average of $155.41. 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 12-month low of $114.19 and a 12-month high of $188.50.

ExxonMobil (NYSE:XOM – Get Free Report) last released 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. The firm had revenue of $110.50 billion for the quarter, compared to the consensus estimate of $104.89 billion. ExxonMobil had a return on equity of 16.63% and a net margin of 10.24%. During the same quarter in the prior year, the company posted $1.88 earnings per share. As a group, equities analysts expect that ExxonMobil Corporation will post 13.34 EPS for the current fiscal year.

ExxonMobil Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, December 10th. Investors of record on Monday, November 16th will be given a dividend of $1.07 per share. This represents a $4.28 annualized dividend 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 42.34%.

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.

ExxonMobil serves customers and operates in markets around the world.