ExxonMobil (NYSE:XOM) Stock Unloaded by Rep. Pete Sessions

Representative Pete Sessions (Republican-Texas) recently sold shares of ExxonMobil Corporation (NYSE:XOM). In a filing disclosed on October 27th, the Representative disclosed that they had sold between $1,001 and $15,000 in ExxonMobil stock on October 14th.

Representative Pete Sessions also recently made the following trade(s):

• Sold $1,001 – $15,000 in shares of Walt Disney (NYSE:DIS) on 10/28/2026.
• Sold $15,001 – $50,000 in shares of Amazon.com (NASDAQ:AMZN) on 10/27/2026.
• Sold $1,001 – $15,000 in shares of McDonald’s (NYSE:MCD) on 10/27/2026.
• Sold $15,001 – $50,000 in shares of Lowe’s Companies (NYSE:LOW) on 10/22/2026.
• Sold $1,001 – $15,000 in shares of Home Depot (NYSE:HD) on 10/22/2026.
• Sold $1,001 – $15,000 in shares of Solstice Advanced Mat (NASDAQ:SOLS) on 10/21/2026.
• Sold $1,001 – $15,000 in shares of PepsiCo (NASDAQ:PEP) on 10/21/2026.
• Sold $0 – $1,000 in shares of Resideo Technologies (NYSE:REZI) on 10/21/2026.
• Sold $1,001 – $15,000 in shares of International Business Machines (NYSE:IBM) on 10/20/2026.
• Sold $15,001 – $50,000 in shares of Berkshire Hathaway (NYSE:BRK.B) on 10/15/2026.

ExxonMobil Price Performance

Shares of NYSE XOM opened at $181.91 on Thursday. ExxonMobil Corporation has a 1-year low of $112.51 and a 1-year high of $184.88. The stock has a fifty day simple moving average of $166.99 and a two-hundred day simple moving average of $153.74. The company has a current ratio of 1.13, a quick ratio of 0.85 and a debt-to-equity ratio of 0.12. The firm has a market cap of $754.03 billion, a price-to-earnings ratio of 23.41, a price-to-earnings-growth ratio of 0.92 and a beta of 0.21.

ExxonMobil (NYSE:XOM) last released its quarterly earnings results on Friday, July 31st. The oil and gas company reported $3.52 earnings per share for the quarter, missing the consensus estimate of $3.56 by ($0.04). The firm had revenue of $114.53 billion for the quarter, compared to the consensus estimate of $109.94 billion. ExxonMobil had a net margin of 8.88% and a return on equity of 13.14%. During the same quarter in the prior year, the firm earned $1.64 earnings per share. Analysts anticipate that ExxonMobil Corporation will post 13.61 earnings per share for the current year.

Hedge Funds Weigh In On ExxonMobil

A number of institutional investors and hedge funds have recently made changes to their positions in XOM. Dimensional Fund Advisors LP increased its stake in 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 worth $4,812,790,000 after buying an additional 1,540,902 shares in the last quarter. Amundi boosted its stake 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 valued at $4,158,563,000 after purchasing an additional 1,192,386 shares during the period. GQG Partners LLC increased 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 period. Swiss National Bank lifted its stake in ExxonMobil by 5.9% in the first quarter. Swiss National Bank now owns 12,376,418 shares of the oil and gas company’s stock worth $2,099,783,000 after acquiring an additional 693,800 shares during the period. Finally, National Pension Service boosted 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 purchasing an additional 166,268 shares in the last quarter. Institutional investors own 61.80% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts have weighed in on the company. Zacks Research raised ExxonMobil from a “hold” rating to a “strong-buy” rating in a research report on Monday, October 19th. Citigroup reissued a “neutral” rating and set a $175.00 price target (up from $150.00) on shares of ExxonMobil in a report on Wednesday, July 8th. UBS Group reissued a “buy” rating and set a $199.00 price objective on shares of ExxonMobil in a research report on Monday, October 19th. The Goldman Sachs Group restated a “neutral” rating and issued a $178.00 target price on shares of ExxonMobil in a research note on Tuesday, October 20th. Finally, Morgan Stanley boosted their price target on shares of ExxonMobil from $177.00 to $185.00 and gave the stock an “overweight” rating in a research note on Thursday, October 15th. One investment analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and fourteen have issued a Hold rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $167.70.

Key ExxonMobil News

Here are the key news stories impacting ExxonMobil this week:

• Positive Sentiment: Favorable earnings setup: ExxonMobil is scheduled to report third-quarter results before the market opens on October 30. Analysts expect higher oil prices and refining margins to support year-over-year earnings growth, while options activity points to the possibility of a post-earnings rally. ExxonMobil Q3 earnings: what to expect
• Positive Sentiment: Oil-price tailwinds: Crude prices have been lifted by Middle East conflict, contributing to gains across major integrated oil companies. ExxonMobil and Chevron have recently reached record or near-record levels as investors favor energy stocks over more rate-sensitive areas of the market. AI power stocks fell while Exxon and Chevron hit record highs
• Positive Sentiment: Legal and operating developments: A tribunal dismissed Kazakhstan’s approximately $12 billion Kashagan claim, removing a potentially significant financial liability. ExxonMobil is also acquiring Venezuelan crude for U.S. refining, which could improve feedstock flexibility and support refinery utilization. ExxonMobil wins dismissal of Kazakhstan’s Kashagan claim
• Neutral Sentiment: Institutional demand: The State Street Energy Select Sector SPDR Fund (XLE) bought approximately $26.1 million of additional XOM shares, and 28 ETFs reportedly added ExxonMobil to their holdings. These purchases provide a supportive demand signal but do not change the company’s fundamentals. State Street XLE buys more XOM
• Negative Sentiment: Valuation and earnings risk: After a roughly 231% five-year gain, investors are questioning whether ExxonMobil’s share price fully reflects durable cash-flow growth or simply favorable commodity conditions. A weaker-than-expected earnings report, falling oil prices or shrinking refining margins could trigger profit-taking. ExxonMobil stock still looks undervalued

About Representative Sessions

Pete Sessions (Republican Party) is a member of the U.S. House, representing Texas’ 17th Congressional District. He assumed office on January 3, 2021. His current term ends on January 3, 2027.

Sessions (Republican Party) ran for re-election to the U.S. House to represent Texas’ 17th Congressional District. He won in the general election on November 5, 2024.

On October 20, 2023, Sessions announced he was running to replace Kevin McCarthy (R) as speaker of the U.S. House in the 118th Congress. Sessions lost the first round of nomination voting on October 24, 2023.

Pete Sessions was born and lives in Waco, Texas. Sessions earned a B.S. from Southwestern University in 1978. Sessions’ career experience includes working as an executive with AT&T.

ExxonMobil Company Profile

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.