Financial Solutions Advisory Group Inc. purchased a new position in shares of ExxonMobil Corporation (NYSE:XOM – Free Report) in the first quarter, HoldingsChannel.com reports. The firm purchased 10,296 shares of the oil and gas company’s stock, valued at approximately $1,747,000.
Several other hedge funds and other institutional investors also recently bought and sold shares of XOM. Eagle Capital Management LLC increased its holdings in shares of ExxonMobil by 15.3% in the first quarter. Eagle Capital Management LLC now owns 2,836 shares of the oil and gas company’s stock valued at $337,000 after purchasing an additional 376 shares during the period. Caxton Associates LLP purchased a new position in ExxonMobil in the 1st quarter valued at $305,000. Sivia Capital Partners LLC increased its stake in ExxonMobil by 1.9% in the 2nd quarter. Sivia Capital Partners LLC now owns 11,237 shares of the oil and gas company’s stock valued at $1,211,000 after buying an additional 207 shares during the period. United Bank increased its stake in ExxonMobil by 2.8% in the 2nd quarter. United Bank now owns 21,821 shares of the oil and gas company’s stock valued at $2,352,000 after buying an additional 600 shares during the period. Finally, Schnieders Capital Management LLC. raised its position in ExxonMobil by 17.4% during the 2nd quarter. Schnieders Capital Management LLC. now owns 36,710 shares of the oil and gas company’s stock worth $3,957,000 after buying an additional 5,443 shares during the last quarter. 61.80% of the stock is owned by hedge funds and other institutional investors.
ExxonMobil Trading Down 0.8%
NYSE:XOM opened at $155.65 on Friday. ExxonMobil Corporation has a 1 year low of $105.53 and a 1 year high of $176.41. The company has a debt-to-equity ratio of 0.13, a quick ratio of 0.77 and a current ratio of 1.04. The stock has a fifty day moving average price of $145.66 and a two-hundred day moving average price of $148.60. The stock has a market capitalization of $645.16 billion, a price-to-earnings ratio of 20.03, a PEG ratio of 0.64 and a beta of 0.17.
ExxonMobil Dividend Announcement
The business also recently disclosed a quarterly dividend, which will be paid on Thursday, September 10th. Investors of record on Monday, August 17th will be paid a $1.03 dividend. The ex-dividend date is Monday, August 17th. This represents a $4.12 annualized dividend and a dividend yield of 2.6%. ExxonMobil’s dividend payout ratio (DPR) is 69.48%.
ExxonMobil News Summary
Here are the key news stories impacting ExxonMobil this week:
- Positive Sentiment: ExxonMobil reported second-quarter adjusted earnings of $3.52 per share and net income of $14.53 billion, its strongest quarterly profit in four years. Earnings more than doubled from $1.64 per share a year earlier, supported by higher crude prices and improved refining margins amid Middle East tensions. ExxonMobil quarterly profit hits four-year high but misses analyst estimates
- Positive Sentiment: Revenue reached approximately $114.5 billion, exceeding analysts’ expectations, while operating cash flow was reported at $23.6 billion and free cash flow at $17.2 billion. ExxonMobil also returned about $9.4 billion to shareholders, supporting the investment case for dividends and buybacks. ExxonMobil Announces Second-Quarter 2026 Results
- Positive Sentiment: Record Permian Basin production and progress in Guyana provide longer-term growth support. ExxonMobil said its Guyana-led venture has recovered its initial development costs, allowing future oil revenues to generate greater profits and cash flow. Guyana set for bigger oil profits as ExxonMobil recoups initial costs
- Neutral Sentiment: ExxonMobil continues to view the Middle East as a long-term growth opportunity, despite the Iran conflict temporarily taking roughly 500,000 barrels per day of production offline. Higher prices have partly offset the volume disruption, but the conflict increases operating and geopolitical risk. Exxon Is Bullish on Mideast Despite Half-Million-Barrel War Hit
- Negative Sentiment: Adjusted EPS of $3.52 missed the $3.56 consensus estimate, while other reports cited a wider miss against a $3.68 forecast. Scheduled refinery maintenance and repairs limited fuel-making profits, making Exxon’s results less impressive than Chevron’s earnings beat. ExxonMobil Q2 2026 earnings miss on refinery maintenance
Wall Street Analysts Forecast Growth
Several analysts have recently commented on the stock. BNP Paribas Exane set a $165.00 target price on shares of ExxonMobil and gave the stock a “neutral” rating in a research note on Friday, April 17th. Mizuho dropped their price target on shares of ExxonMobil from $175.00 to $170.00 and set a “neutral” rating on the stock in a research note on Thursday, July 9th. Wolfe Research cut shares of ExxonMobil from an “outperform” rating to a “peer perform” rating in a report on Tuesday, April 21st. Jefferies Financial Group raised their price objective on shares of ExxonMobil from $178.00 to $184.00 and gave the company a “buy” rating in a research report on Thursday, April 9th. Finally, Sanford C. Bernstein lowered their price objective on ExxonMobil from $195.00 to $182.00 and set an “outperform” rating on the stock in a report on Monday, May 11th. One investment analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and twelve have given a Hold rating to the stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $163.45.
Get Our Latest Analysis on ExxonMobil
ExxonMobil Profile
ExxonMobil Corporation (NYSE: XOM) is an integrated oil and gas company engaged in the exploration, production, refining, distribution and marketing of petroleum products and the manufacture and sale of petrochemicals. Its operations span the full energy value chain, including upstream exploration and development of crude oil and natural gas; midstream transportation and storage; and downstream refining, product distribution and retail. The company also produces a broad range of chemical products for industrial and consumer applications.
ExxonMobil markets fuels and lubricants under well-known brands such as Exxon, Mobil and Esso, and its Mobil 1 motor oil is a prominent consumer product.
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