Motive Wealth Advisors Purchases 4,362 Shares of ExxonMobil Corporation $XOM

28 Oct 2026, 11:12 by Michael Walen · The Markets Daily

Motive Wealth Advisors acquired a new stake in shares of ExxonMobil Corporation (NYSE:XOM – Free Report) in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor acquired 4,362 shares of the oil and gas company’s stock, valued at approximately $710,000.

A number of other institutional investors have also recently made changes to their positions in the company. Assetmark Inc. grew its holdings in shares of ExxonMobil by 8.3% in the first quarter. Assetmark Inc. now owns 492,309 shares of the oil and gas company’s stock valued at $83,525,000 after purchasing an additional 37,666 shares in the last quarter. Charles Schwab Trust Co increased its position in ExxonMobil by 392.9% in the second quarter. Charles Schwab Trust Co now owns 122,223 shares of the oil and gas company’s stock worth $16,710,000 after purchasing an additional 97,424 shares during the last quarter. CV Advisors LLC raised its stake in ExxonMobil by 126.7% during the second quarter. CV Advisors LLC now owns 11,589 shares of the oil and gas company’s stock valued at $1,584,000 after purchasing an additional 6,478 shares in the last quarter. Midwest Trust Co raised its stake in ExxonMobil by 3.9% during the first quarter. Midwest Trust Co now owns 710,969 shares of the oil and gas company’s stock valued at $120,623,000 after purchasing an additional 26,411 shares in the last quarter. Finally, Envestnet Portfolio Solutions Inc. raised its stake in ExxonMobil by 13.6% during the second quarter. Envestnet Portfolio Solutions Inc. now owns 253,420 shares of the oil and gas company’s stock valued at $34,648,000 after purchasing an additional 30,423 shares in the last quarter. Hedge funds and other institutional investors own 61.80% of the company’s stock.

ExxonMobil Price Performance

NYSE XOM opened at $179.87 on Wednesday. The business’s 50 day moving average price is $166.66 and its 200-day moving average price is $153.45. ExxonMobil Corporation has a fifty-two week low of $112.51 and a fifty-two week high of $184.88.

ExxonMobil (NYSE:XOM – Get Free Report) last issued its quarterly earnings results on Friday, July 31st. The oil and gas company reported $3.52 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $3.56 by ($0.04). The company had revenue of $114.53 billion during the quarter, compared to the consensus estimate of $109.94 billion. During the same period in the previous year, the company posted $1.64 EPS. On average, equities research analysts expect that ExxonMobil Corporation will post 13.61 earnings per share for the current year.

ExxonMobil Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, September 10th. Stockholders of record on Monday, August 17th were paid a $1.03 dividend. The ex-dividend date of this dividend was Monday, August 17th. This represents a $4.12 annualized dividend and a dividend yield of 2.3%.

Analyst Upgrades and Downgrades

A number of brokerages have commented on XOM. Weiss Ratings raised shares of ExxonMobil from a “buy (b-)” rating to a “buy (b)” rating in a research note on Tuesday, September 29th. Piper Sandler boosted their target price on shares of ExxonMobil from $158.00 to $185.00 and gave the stock a “neutral” rating in a report on Thursday, September 3rd. Royal Bank Of Canada restated a “sector perform” rating and set a $180.00 target price (up from $160.00) on shares of ExxonMobil in a research report on Monday, September 21st. Wells Fargo & Company restated an “equal weight” rating and set a $182.00 target price on shares of ExxonMobil in a research report on Thursday, October 1st. Finally, Argus increased their price target on shares of ExxonMobil from $169.00 to $175.00 and gave the company a “buy” rating in a report on Tuesday, August 11th. One research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and thirteen have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $167.70.

Check Out Our Latest Analysis on XOM

Key ExxonMobil News

Here are the key news stories impacting ExxonMobil this week:

Positive Sentiment: ExxonMobil won dismissal of Kazakhstan’s roughly $12 billion Kashagan arbitration claim. The ruling removes the immediate risk of a major financial award tied to alleged project delays and cost overruns, reducing legal uncertainty for ExxonMobil and its partners. ExxonMobil wins dismissal of Kazakhstan’s Kashagan claim
Positive Sentiment: Investors expect a strong third quarter, helped by refining margins and higher oil prices earlier in the period. Reports point to a potential refining benefit of approximately $4.5 billion, although the earnings release will show whether lower crude prices offset some of that gain. Exxon’s refining windfall and third-quarter earnings
Positive Sentiment: ETF buying provides a technical demand signal. Exchange-traded funds reportedly added about $1.41 billion of XOM on October 22, while 28 ETFs increased their ExxonMobil holdings, potentially supporting the stock and signaling continued institutional interest. ETF purchases of ExxonMobil
Neutral Sentiment: New Venezuelan oil shipments are arriving in Texas for sale to ExxonMobil and Citgo. The additional feedstock could benefit refinery utilization, but the transaction also carries geopolitical and regulatory considerations. Venezuelan oil arrives in Texas
Negative Sentiment: Crude-price momentum has become less favorable. Persian Gulf exports have reportedly recovered toward pre-conflict levels, while Brent crude fell on hopes of easing tensions with Iran. Lower oil prices could pressure ExxonMobil’s upstream earnings and are a key risk to the stock’s elevated valuation. Gulf oil exports and ExxonMobil earnings outlook

About ExxonMobil

(Free Report)

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.