Segall Bryant & Hamill LLC purchased a new position in shares of ExxonMobil Corporation (NYSE:XOM – Free Report) in the 1st quarter, HoldingsChannel.com reports. The institutional investor purchased 201,720 shares of the oil and gas company’s stock, valued at approximately $34,224,000.
A number of other institutional investors and hedge funds have also modified their holdings of XOM. Norges Bank acquired a new stake in ExxonMobil during the 4th quarter worth $7,625,063,000. Quantum Portfolio Management LLC bought a new stake in shares of ExxonMobil during the 1st quarter valued at $965,932,000. Arrowstreet Capital Limited Partnership acquired a new position in shares of ExxonMobil in the 1st quarter valued at $766,345,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its stake in shares of ExxonMobil by 18.2% in the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 15,997,332 shares of the oil and gas company’s stock valued at $1,925,119,000 after purchasing an additional 2,465,410 shares during the period. Finally, Van ECK Associates Corp boosted its position in shares of ExxonMobil by 334.4% in the 4th quarter. Van ECK Associates Corp now owns 3,062,497 shares of the oil and gas company’s stock worth $368,541,000 after purchasing an additional 2,357,467 shares during the last quarter. 61.80% of the stock is owned by institutional investors.
Analysts Set New Price Targets
XOM has been the subject of a number of analyst reports. DZ Bank raised ExxonMobil to a “strong-buy” rating in a research note on Monday, July 6th. Weiss Ratings lowered ExxonMobil from a “hold (c+)” rating to a “hold (c)” rating in a research note on Thursday, May 21st. UBS Group raised their target price on ExxonMobil from $171.00 to $174.00 and gave the stock a “buy” rating in a report on Monday, May 4th. BNP Paribas Exane set a $165.00 target price on ExxonMobil and gave the stock a “neutral” rating in a research report on Friday, April 17th. Finally, Barclays upped their price target on ExxonMobil from $163.00 to $182.00 and gave the company an “overweight” rating in a research note on Tuesday, May 26th. One research analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and twelve have issued a Hold rating to the company. According to MarketBeat, ExxonMobil presently has an average rating of “Moderate Buy” and an average price target of $163.45.
ExxonMobil Trading Down 0.8%
Shares of NYSE XOM opened at $155.65 on Friday. ExxonMobil Corporation has a twelve month low of $105.53 and a twelve month high of $176.41. The stock has a market cap of $645.16 billion, a price-to-earnings ratio of 26.25, a P/E/G ratio of 0.64 and a beta of 0.17. The company has a quick ratio of 0.77, a current ratio of 1.04 and a debt-to-equity ratio of 0.13. The company’s fifty day moving average is $145.66 and its 200-day moving average is $148.60.
ExxonMobil (NYSE:XOM – Get Free Report) last released its quarterly earnings data on Friday, July 31st. The oil and gas company reported $3.52 EPS for the quarter, missing analysts’ consensus estimates of $3.56 by ($0.04). The firm had revenue of $114.53 billion during the quarter, compared to the consensus estimate of $109.94 billion. ExxonMobil had a net margin of 7.57% and a return on equity of 10.24%. During the same quarter in the prior year, the company earned $1.64 EPS. Equities research analysts predict that ExxonMobil Corporation will post 11.39 EPS for the current year.
ExxonMobil Dividend Announcement
The firm also recently announced a quarterly dividend, which will be paid on Thursday, September 10th. Shareholders of record on Monday, August 17th will be paid a $1.03 dividend. This represents a $4.12 dividend on an annualized basis and a yield of 2.6%. The ex-dividend date of this dividend is Monday, August 17th. ExxonMobil’s payout ratio is presently 69.48%.
More ExxonMobil News
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
About ExxonMobil
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.
Featured Stories
- Five stocks we like better than ExxonMobil
- Chevron’s Strong Quarter Shows Why It Still Leads the Energy Sector
- Amazon’s Earnings Beat Shows Why AWS Is Back at the Center of the Bull Case
- Apple’s Record Quarter Could Not Outrun Its Guidance Problem
- McKesson’s Compounding Keeps Adding Up
Want to see what other hedge funds are holding XOM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for ExxonMobil Corporation (NYSE:XOM – Free Report).
Receive News & Ratings for ExxonMobil Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ExxonMobil and related companies with MarketBeat.com's FREE daily email newsletter.
