Ipswich Investment Management Co. Inc. Boosts Holdings in ExxonMobil Corporation $XOM

Ipswich Investment Management Co. Inc. grew its stake in shares of ExxonMobil Corporation (NYSE:XOM) by 5.2% in the second quarter, according to its most recent disclosure with the SEC. The fund owned 89,933 shares of the oil and gas company’s stock after buying an additional 4,424 shares during the period. ExxonMobil makes up 2.6% of Ipswich Investment Management Co. Inc.’s investment portfolio, making the stock its 9th biggest holding. Ipswich Investment Management Co. Inc.’s holdings in ExxonMobil were worth $12,296,000 as of its most recent filing with the SEC.

Several other hedge funds have also made changes to their positions in the stock. Berbice Capital Management LLC bought a new position in ExxonMobil during the fourth quarter valued at about $26,000. Midwest Capital Advisors LLC bought a new stake in shares of ExxonMobil in the 4th quarter worth approximately $27,000. E Fund Management Hong Kong Co. Ltd. grew its holdings in shares of ExxonMobil by 456.1% during the 4th quarter. E Fund Management Hong Kong Co. Ltd. now owns 228 shares of the oil and gas company’s stock worth $27,000 after purchasing an additional 187 shares in the last quarter. Key Capital Management INC acquired a new stake in shares of ExxonMobil during the 4th quarter worth approximately $28,000. Finally, Nvest Wealth Strategies Inc. bought a new stake in shares of ExxonMobil during the fourth quarter valued at approximately $32,000. Institutional investors own 61.80% of the company’s stock.

ExxonMobil Trading Down 0.0%

XOM stock opened at $159.76 on Thursday. ExxonMobil Corporation has a 1-year low of $105.67 and a 1-year high of $176.41. 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 business’s 50 day moving average is $146.67 and its 200-day moving average is $150.21. The firm has a market cap of $662.20 billion, a P/E ratio of 20.56, a P/E/G ratio of 0.60 and a beta of 0.17.

ExxonMobil (NYSE:XOM) last posted its earnings results on Friday, July 31st. The oil and gas company reported $3.52 EPS for the quarter, missing the consensus estimate of $3.56 by ($0.04). The company had revenue of $114.53 billion for the quarter, compared to the consensus estimate of $109.94 billion. ExxonMobil had a return on equity of 13.14% and a net margin of 8.88%.During the same quarter last year, the business earned $1.64 EPS. Equities analysts anticipate that ExxonMobil Corporation will post 12.34 earnings per share for the current fiscal year.

ExxonMobil Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, September 10th. Shareholders of record on Monday, August 17th will be paid a dividend of $1.03 per share. This represents a $4.12 annualized dividend and a yield of 2.6%. The ex-dividend date is Monday, August 17th. ExxonMobil’s dividend payout ratio is currently 53.02%.

More ExxonMobil News

Here are the key news stories impacting ExxonMobil this week:

• Positive Sentiment: Renewed fears of oil-supply disruptions are supporting ExxonMobil because its record Permian Basin production gives it significant exposure to potentially higher crude prices. Exxon Stock Jumps 3.3% as Oil Supply Fears Return
• Positive Sentiment: ExxonMobil’s second-quarter results showed strong cash generation, including $14.5 billion of net income and $9.4 billion returned through dividends and repurchases. The company declared a quarterly dividend of $1.03 and is pursuing a large, multiyear buyback program, reinforcing its income and capital-return appeal. Will ExxonMobil’s Q2 Profit Surge and Massive Buybacks Reshape Its Capital Allocation Narrative?
• Positive Sentiment: Dividend-focused investors continue to view ExxonMobil as an attractive source of income. Despite a quarterly earnings shortfall, the company generated substantial cash flow, improving confidence in dividend sustainability. Exxon’s Profit Missed. So Why Is the Dividend Getting Stronger?
• Neutral Sentiment: Brokerages currently assign ExxonMobil a consensus “Hold” rating, suggesting analysts see a balanced risk-reward profile after the stock’s recent advance. ExxonMobil Receives Consensus Rating of Hold
• Negative Sentiment: Erste Group Bank trimmed its fiscal 2027 earnings estimate to $10.97 per share from $11.00, remaining below the broader consensus estimate of $12.34. The modest cut signals caution about future earnings growth. ExxonMobil Earnings Estimate Update
• Negative Sentiment: President Trump criticized ExxonMobil and Chevron for making “too much money” amid high fuel prices. Although no specific policy action was announced, the comments raise the risk of political scrutiny, windfall-tax proposals, or other pressure on major oil companies. ExxonMobil vs. Chevron: Trump Attacks the Oil Giants
• Negative Sentiment: Second-quarter adjusted earnings of $3.52 per share missed analyst expectations, keeping near-term concerns about operating performance in focus despite substantially higher year-over-year profits. Exxon’s Profit Missed

Wall Street Analyst Weigh In

A number of brokerages recently commented on XOM. Zacks Research lowered ExxonMobil from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, May 26th. TD Cowen lifted their price target on shares of ExxonMobil from $155.00 to $168.00 and gave the stock a “buy” rating in a research note on Friday, August 7th. UBS Group set a $168.00 price target on shares of ExxonMobil in a report on Friday, August 7th. Weiss Ratings upgraded shares of ExxonMobil from a “hold (c)” rating to a “buy (b-)” rating in a research note on Tuesday, August 4th. Finally, Barclays increased their price objective on shares of ExxonMobil from $163.00 to $182.00 and gave the company an “overweight” rating in a research note on Tuesday, May 26th. Ten investment analysts have rated the stock with a Buy rating and thirteen have given a Hold rating to the company’s stock. Based on data from MarketBeat, ExxonMobil currently has a consensus rating of “Hold” and a consensus target price of $163.29.

ExxonMobil Company 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.