Talon Private Wealth LLC Has $3.17 Million Position in ExxonMobil Corporation $XOM

Talon Private Wealth LLC raised its stake in ExxonMobil Corporation (NYSE:XOM) by 30.6% in the 2nd quarter, Holdings Channel.com reports. The fund owned 23,194 shares of the oil and gas company’s stock after buying an additional 5,440 shares during the quarter. Talon Private Wealth LLC’s holdings in ExxonMobil were worth $3,171,000 at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of XOM. Avant Capital LLC lifted its position in ExxonMobil by 0.6% during the second quarter. Avant Capital LLC now owns 11,182 shares of the oil and gas company’s stock worth $1,529,000 after purchasing an additional 65 shares during the period. Impact Partnership Wealth LLC raised its position in shares of ExxonMobil by 0.6% in the 1st quarter. Impact Partnership Wealth LLC now owns 12,017 shares of the oil and gas company’s stock valued at $2,039,000 after buying an additional 67 shares in the last quarter. Cardinal Strategic Wealth Guidance lifted its holdings in shares of ExxonMobil by 1.9% during the 1st quarter. Cardinal Strategic Wealth Guidance now owns 3,720 shares of the oil and gas company’s stock worth $631,000 after acquiring an additional 68 shares during the period. Core Wealth Advisors Inc. lifted its holdings in shares of ExxonMobil by 1.0% during the 1st quarter. Core Wealth Advisors Inc. now owns 6,805 shares of the oil and gas company’s stock worth $1,155,000 after acquiring an additional 68 shares during the period. Finally, ICW Investment Advisors LLC boosted its position in shares of ExxonMobil by 0.3% during the 4th quarter. ICW Investment Advisors LLC now owns 25,286 shares of the oil and gas company’s stock worth $3,043,000 after acquiring an additional 69 shares in the last quarter. 61.80% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several research analysts have commented on XOM shares. TD Cowen boosted their price objective on shares of ExxonMobil from $155.00 to $168.00 and gave the company a “buy” rating in a research report on Friday, August 7th. Barclays reduced their target price on ExxonMobil from $182.00 to $177.00 and set an “overweight” rating on the stock in a report on Monday, August 17th. Citigroup reiterated a “neutral” rating on shares of ExxonMobil in a research note on Wednesday, July 8th. Bank of America cut ExxonMobil from a “buy” rating to a “neutral” rating and boosted their price target for the stock from $154.00 to $158.00 in a report on Tuesday, July 28th. Finally, DZ Bank lowered ExxonMobil from a “buy” rating to a “hold” rating and set a $156.00 price objective on the stock. in a research note on Tuesday, August 4th. Ten investment analysts have rated the stock with a Buy rating and twelve have issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $167.45.

ExxonMobil Price Performance

XOM stock traded up $0.88 during trading on Friday, reaching $166.11. 11,362,127 shares of the company were exchanged, compared to its average volume of 18,682,740. The company has a market capitalization of $688.50 billion, a price-to-earnings ratio of 21.38, a P/E/G ratio of 1.00 and a beta of 0.18. The company has a debt-to-equity ratio of 0.12, a current ratio of 1.13 and a quick ratio of 0.85. The company has a 50-day moving average of $155.06 and a two-hundred day moving average of $152.67. ExxonMobil Corporation has a twelve month low of $110.39 and a twelve month high of $176.41.

ExxonMobil (NYSE:XOM) last issued its earnings results on Friday, July 31st. The oil and gas company reported $3.52 earnings per share 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 analyst estimates 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 business earned $1.64 EPS. As a group, equities analysts predict that ExxonMobil Corporation will post 11.98 earnings per share for the current fiscal year.

ExxonMobil Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, September 10th. Investors of record on Monday, August 17th were given a dividend of $1.03 per share. The ex-dividend date was Monday, August 17th. This represents a $4.12 dividend on an annualized basis and a yield of 2.5%. ExxonMobil’s payout ratio is currently 53.02%.

Key Stories Impacting ExxonMobil

Here are the key news stories impacting ExxonMobil this week:

• Positive Sentiment: Angola discovery strengthens production outlook. ExxonMobil’s Vicango East-01 well encountered 82 feet of hydrocarbon-bearing sandstone in offshore Angola’s Block 15. It is the company’s 20th discovery in the block over three decades, which has already produced roughly 2.7 billion barrels. The discovery could add low-cost resources and support management’s goal of achieving a 17% return on capital employed by 2030. ExxonMobil Finds More Hydrocarbons in Angola’s Offshore Block 15
• Positive Sentiment: High oil prices improve cash-flow potential. Brent crude recently moved above $105 per barrel, creating a favorable earnings environment for ExxonMobil’s upstream operations. The company’s low-cost assets are particularly attractive when prices remain elevated. ExxonMobil Discovery and XOM Stock Outlook
• Positive Sentiment: Dividend and financial-quality appeal remains supportive. ExxonMobil is being highlighted alongside other Dividend Aristocrats because of its long record of dividend increases, strong balance sheet and exposure to favorable oil-market conditions. This may attract income-oriented investors as the shares trade near record levels. Top Dividend Aristocrats
• Neutral Sentiment: Papua LNG expansion offers long-term growth but requires substantial investment. ExxonMobil plans to raise its Papua LNG stake from 28.7% to 34.1% and assume operatorship. The project is targeting a final investment decision in the fourth quarter of 2026, potentially expanding future LNG exposure while increasing capital and execution commitments. ExxonMobil Papua LNG Investment
• Negative Sentiment: Premium valuation could limit additional upside. Analysts note that XOM’s strong operating outlook and dividend record are already reflected in its elevated valuation. Earlier trading also showed the stock’s rally fading despite stronger crude prices, indicating that investors may be taking profits near the highs. ExxonMobil Stock Valuation

About ExxonMobil

Exxon Mobil Corporation, doing business as ExxonMobil, is an integrated energy company engaged in the exploration, development, production and marketing of crude oil and natural gas. Its upstream operations support oil and natural gas production in multiple regions worldwide, while its downstream businesses refine crude oil into fuels and other petroleum products for commercial, industrial and consumer markets.

Through its product solutions businesses, ExxonMobil manufactures and markets lubricants, specialty fluids, petroleum-derived products and chemical products, including commodity and performance chemicals used in packaging, automotive components, construction materials and other industrial applications.