ExxonMobil Corporation $XOM Stock Holdings Decreased by Sapient Capital LLC

Sapient Capital LLC lessened its stake in ExxonMobil Corporation (NYSE:XOM) by 60.3% during the second quarter, HoldingsChannel.com reports. The firm owned 54,690 shares of the oil and gas company’s stock after selling 82,922 shares during the period. Sapient Capital LLC’s holdings in ExxonMobil were worth $7,477,000 as of its most recent SEC filing.

Several other large investors have also modified their holdings of the stock. Assetmark Inc. raised its stake in ExxonMobil by 8.3% during the first quarter. Assetmark Inc. now owns 492,309 shares of the oil and gas company’s stock worth $83,525,000 after acquiring an additional 37,666 shares during the period. Sanctuary Advisors LLC boosted its stake in ExxonMobil by 2.3% in the fourth quarter. Sanctuary Advisors LLC now owns 1,048,409 shares of the oil and gas company’s stock valued at $126,166,000 after acquiring an additional 23,668 shares during the period. Midwest Trust Co grew its holdings in shares of ExxonMobil by 3.9% during the first quarter. Midwest Trust Co now owns 710,969 shares of the oil and gas company’s stock valued at $120,623,000 after purchasing an additional 26,411 shares during the last quarter. King Luther Capital Management Corp grew its holdings in shares of ExxonMobil by 2.4% during the fourth quarter. King Luther Capital Management Corp now owns 1,664,995 shares of the oil and gas company’s stock valued at $200,366,000 after purchasing an additional 38,492 shares during the last quarter. Finally, Valpey Financial Services LLC raised its position in shares of ExxonMobil by 12,037.6% during the 4th quarter. Valpey Financial Services LLC now owns 476,400 shares of the oil and gas company’s stock worth $57,330,000 after purchasing an additional 472,475 shares during the period. Institutional investors own 61.80% of the company’s stock.

Key Stories Impacting ExxonMobil

Here are the key news stories impacting ExxonMobil this week:

• Positive Sentiment: ExxonMobil reported resilient second-quarter cash flow, record Permian production, strong refining performance and signs that Guyana is reaching a free-cash-flow inflection point. These developments support production growth and future shareholder returns. XOM Q2 Earnings Call Highlights Refining Strength and Guyana Cash Flow
• Positive Sentiment: The company’s dividend increased despite earnings falling slightly short of expectations, reinforcing ExxonMobil’s appeal to income-focused investors and signaling confidence in cash generation. Exxon’s Profit Fell Short. Its Dividend Didn’t.
• Positive Sentiment: ExxonMobil awarded McDermott a letter of intent for limited engineering and procurement work on the Rovuma LNG Phase 1 project in Mozambique, advancing a potentially significant long-term growth asset. ExxonMobil in Mozambique Awards McDermott Letter of Intent for Rovuma LNG Project

Analyst Upgrades and Downgrades

A number of research firms recently issued reports on XOM. Wolfe Research lowered ExxonMobil from an “outperform” rating to a “peer perform” rating in a research report on Tuesday, April 21st. DZ Bank lowered ExxonMobil from a “buy” rating to a “hold” rating and set a $156.00 target price on the stock. in a research report on Tuesday, August 4th. Royal Bank Of Canada reissued a “sector perform” rating and set a $180.00 price target on shares of ExxonMobil in a report on Tuesday, May 5th. Piper Sandler initiated coverage on shares of ExxonMobil in a research report on Thursday, July 23rd. They set a “neutral” rating and a $158.00 price target for the company. Finally, Scotiabank increased their price objective on shares of ExxonMobil from $128.00 to $163.00 and gave the stock a “sector outperform” rating in a report on Wednesday, April 22nd. Ten investment analysts have rated the stock with a Buy rating and thirteen have given a Hold rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $163.29.

ExxonMobil Trading Down 0.1%

Shares of NYSE:XOM opened at $152.88 on Monday. The company has a 50 day moving average of $146.12 and a 200-day moving average of $149.64. 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 $633.67 billion, a P/E ratio of 19.68, a P/E/G ratio of 0.58 and a beta of 0.17. ExxonMobil Corporation has a twelve month low of $105.53 and a twelve month high of $176.41.

ExxonMobil (NYSE:XOM) last posted 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). ExxonMobil had a net margin of 8.88% and a return on equity of 13.14%. The company had revenue of $114.53 billion for the quarter, compared to analyst estimates of $109.94 billion. During the same quarter in the prior year, the business earned $1.64 EPS. As a group, analysts anticipate that ExxonMobil Corporation will post 12.34 earnings per share for the current fiscal year.

ExxonMobil Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, September 10th. Stockholders of record on Monday, August 17th will be given a dividend of $1.03 per share. The ex-dividend date is Monday, August 17th. This represents a $4.12 annualized dividend and a dividend yield of 2.7%. ExxonMobil’s dividend payout ratio (DPR) is 53.02%.

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.