Security National Bank of Sioux City Iowa IA Buys 5,154 Shares of ExxonMobil Corporation $XOM

Security National Bank of Sioux City Iowa IA lifted its stake in ExxonMobil Corporation (NYSE:XOM) by 19.8% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 31,120 shares of the oil and gas company’s stock after acquiring an additional 5,154 shares during the quarter. ExxonMobil makes up approximately 1.8% of Security National Bank of Sioux City Iowa IA’s investment portfolio, making the stock its 14th largest position. Security National Bank of Sioux City Iowa IA’s holdings in ExxonMobil were worth $4,255,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of the stock. Anchor Investment Management LLC increased its position in ExxonMobil by 6.8% during the second quarter. Anchor Investment Management LLC now owns 89,385 shares of the oil and gas company’s stock worth $12,221,000 after buying an additional 5,705 shares during the last quarter. Bullseye Investment Management LLC acquired a new stake in shares of ExxonMobil in the second quarter valued at approximately $83,000. Talon Private Wealth LLC lifted its position in shares of ExxonMobil by 30.6% in the second quarter. Talon Private Wealth LLC now owns 23,194 shares of the oil and gas company’s stock valued at $3,171,000 after buying an additional 5,440 shares during the last quarter. Rench Wealth Management Inc. boosted its stake in shares of ExxonMobil by 0.6% during the 2nd quarter. Rench Wealth Management Inc. now owns 51,586 shares of the oil and gas company’s stock worth $7,053,000 after acquiring an additional 323 shares during the period. Finally, Miramontes Capital LLC increased its holdings in shares of ExxonMobil by 9.2% during the 2nd quarter. Miramontes Capital LLC now owns 16,917 shares of the oil and gas company’s stock worth $2,313,000 after acquiring an additional 1,425 shares during the last quarter. 61.80% of the stock is owned by institutional investors and hedge funds.

ExxonMobil Stock Performance

Shares of NYSE:XOM traded down $0.16 on Friday, reaching $163.11. 37,604,407 shares of the company’s stock were exchanged, compared to its average volume of 18,654,289. The company has a fifty day moving average of $157.72 and a 200-day moving average of $153.21. ExxonMobil Corporation has a twelve month low of $110.39 and a twelve month high of $176.41. The company has a market capitalization of $676.09 billion, a price-to-earnings ratio of 20.99, a PEG ratio of 1.00 and a beta of 0.18. The company has a current ratio of 1.13, a quick ratio of 0.85 and a debt-to-equity ratio of 0.12.

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 analysts’ consensus estimates of $3.56 by ($0.04). The business 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 previous year, the firm posted $1.64 earnings per share. On average, research analysts predict that ExxonMobil Corporation will post 11.93 EPS for the current fiscal year.

ExxonMobil Announces Dividend

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

Wall Street Analysts Forecast Growth

Several brokerages have issued reports on XOM. Wells Fargo & Company reaffirmed an “overweight” rating and set a $182.00 price target on shares of ExxonMobil in a report on Monday, August 3rd. Piper Sandler upped their price objective on shares of ExxonMobil from $158.00 to $185.00 and gave the company a “neutral” rating in a report on Thursday, September 3rd. Mizuho dropped their price objective on shares of ExxonMobil from $175.00 to $170.00 and set a “neutral” rating on the stock in a research report on Thursday, July 9th. Barclays cut their target price on shares of ExxonMobil from $182.00 to $177.00 and set an “overweight” rating for the company in a research note on Monday, August 17th. Finally, UBS Group reiterated a “buy” rating on shares of ExxonMobil in a research note on Tuesday, September 8th. 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 company presently has an average rating of “Hold” and a consensus price target of $167.45.

ExxonMobil News Summary

Here are the key news stories impacting ExxonMobil this week:

• Positive Sentiment: ExxonMobil’s low-cost Permian and Guyana production, advantaged upstream assets, strong crude prices and elevated refining margins are viewed as supportive of earnings and cash flow. ExxonMobil’s Advantaged Assets and Refining Strength Drive Outlook
• Positive Sentiment: Reports that ExxonMobil is in preliminary talks to return to Venezuela could provide access to substantial long-term heavy-oil resources and add upstream growth potential, although no definitive deal has been announced. Exxon advances talks to return to Venezuela’s Orinoco Belt
• Positive Sentiment: Analysts continue to characterize XOM as a relatively safe energy-sector dividend stock, while potential buybacks and expanding Papua New Guinea natural-gas operations offer additional shareholder-return and growth support. Ranking the Safest Dividend Stocks in the Energy Sector Right Now
• Positive Sentiment: ExxonMobil’s carbon-capture and other lower-emission investments could become a meaningful earnings stream over time, with management targeting substantial new-business earnings by 2030 and beyond. Prediction: ExxonMobil’s Low-Carbon Bets Finally Show Up in Guidance by 2027
• Neutral Sentiment: The potential Venezuela investment is strategically attractive but remains preliminary and carries political, sanctions, execution and capital-allocation risks. ExxonMobil’s energy outlook also projects a slower decline in coal use, underscoring persistent long-term emissions and transition uncertainty. Exxon raises 2050 global emissions forecast
• Negative Sentiment: Floodwater overwhelmed a pump at ExxonMobil’s 275,000-barrel-per-day Joliet, Illinois, refinery, leaving the facility offline and tightening Midwest gasoline and diesel supplies. The outage could reduce near-term refining throughput and profits, while the repair timeline remains uncertain. Exxon Mobil says floodwater overwhelmed pump at Joliet refinery
• Negative Sentiment: ExxonMobil’s CFO warned that the refining market faces an unusually severe squeeze, highlighting operational and supply-chain risks despite potentially higher regional fuel prices. Separately, oil-futures backwardation and concerns about demand destruction and rising non-OPEC supply could pressure crude prices and future earnings. Exxon Mobil CFO warns of hidden risks behind oil supply shock

ExxonMobil Profile

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.