Capital Advisors Inc. OK decreased its position in shares of ExxonMobil Corporation (NYSE:XOM – Free Report) by 5.7% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 745,850 shares of the oil and gas company’s stock after selling 45,046 shares during the quarter. ExxonMobil accounts for 1.5% of Capital Advisors Inc. OK’s portfolio, making the stock its 16th largest position. Capital Advisors Inc. OK’s holdings in ExxonMobil were worth $101,973,000 at the end of the most recent quarter.
Several other institutional investors and hedge funds also recently made changes to their positions in the company. Berbice Capital Management LLC purchased a new stake in ExxonMobil during the 4th quarter valued at $26,000. Midwest Capital Advisors LLC bought a new stake in shares of ExxonMobil in the 4th quarter worth $27,000. E Fund Management Hong Kong Co. Ltd. raised its stake in shares of ExxonMobil by 456.1% in the fourth 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 during the last quarter. Aventus Investment Advisors Inc. bought a new position in shares of ExxonMobil during the second quarter valued at $27,000. Finally, Nvest Wealth Strategies Inc. bought a new position in shares of ExxonMobil during the fourth quarter valued at $32,000. Institutional investors own 61.80% of the company’s stock.
ExxonMobil Stock Performance
Shares of XOM opened at $165.18 on Friday. The firm has a market capitalization of $684.66 billion, a P/E ratio of 21.26, a PEG ratio of 0.65 and a beta of 0.17. The company has a debt-to-equity ratio of 0.12, a current ratio of 1.13 and a quick ratio of 0.85. ExxonMobil Corporation has a one year low of $108.35 and a one year high of $176.41. The business has a fifty day moving average of $148.58 and a 200 day moving average of $151.38.
ExxonMobil Announces Dividend
The firm 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 of this dividend is Monday, August 17th. This represents a $4.12 annualized dividend and a dividend yield of 2.5%. ExxonMobil’s dividend payout ratio is presently 53.02%.
Analyst Upgrades and Downgrades
Several equities research analysts recently commented on XOM shares. Citigroup reiterated a “neutral” rating on shares of ExxonMobil in a report on Wednesday, July 8th. Piper Sandler began coverage on shares of ExxonMobil in a research note on Thursday, July 23rd. They set a “neutral” rating and a $158.00 target price on the stock. TD Cowen raised their price target on shares of ExxonMobil from $155.00 to $168.00 and gave the company a “buy” rating in a report on Friday, August 7th. Royal Bank Of Canada reiterated a “sector perform” rating and issued a $180.00 price target on shares of ExxonMobil in a research note on Tuesday, May 5th. Finally, HSBC set a $158.00 price objective on shares of ExxonMobil in a report on Monday, August 3rd. Ten equities research analysts have rated the stock with a Buy rating and twelve have given a Hold rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $166.10.
Read Our Latest Analysis on XOM
Key Headlines Impacting ExxonMobil
Here are the key news stories impacting ExxonMobil this week:
- Positive Sentiment: Rising oil prices are the clearest near-term catalyst. Brent crude recently moved above $93–$95 per barrel amid Strait of Hormuz disruption, geopolitical tensions and declining Russian exports, improving the outlook for ExxonMobil’s upstream cash flow and shareholder returns. Exxon Jumps 2% as Brent Crude Breaks Above $93
- Positive Sentiment: Analysts continue to point to ExxonMobil’s advantaged Guyana and Permian production, cost savings and expected volume growth as supports for earnings and free cash flow. These low-cost assets should provide particularly strong operating leverage if oil remains above $80. Cost Savings and Production Growth Strengthen ExxonMobil’s Outlook
- Positive Sentiment: A 20-year infrastructure agreement with Targa Resources across the Permian’s Delaware and Midland basins should improve long-term processing and takeaway capacity for ExxonMobil, helping support production growth through 2046. Targa Resources Secures 20-Year Deal With ExxonMobil
- Positive Sentiment: ExxonMobil is advancing growth projects, including a Nigerian deepwater campaign expected to add up to 40,000 barrels per day at the Usan field and contractor work for Rovuma LNG pipelines. Successful execution could diversify and expand future production.
- Neutral Sentiment: ExxonMobil is being highlighted as a long-term momentum and dividend investment, reflecting its scale, cash-return capacity and recent energy-sector strength. These are supportive investor themes but do not represent new company-specific developments. Why Exxon Mobil Holdings Is a Top Momentum Stock
- Negative Sentiment: A German regulator reportedly found a carbon-credit project backed by an ExxonMobil unit suspicious, creating reputational and potential regulatory risk for the company’s lower-carbon initiatives. ExxonMobil-Backed Carbon Credits Project Found Suspicious
- Negative Sentiment: ExxonMobil has warned that Kazakhstan’s leading oil field could reach peak production within several years, highlighting depletion and geopolitical risks that may weigh on longer-term growth.
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.
Recommended Stories
- Five stocks we like better than ExxonMobil
- Blueprint for a Boom: SEC Clears the Crypto Runway
- Ross Stores Just Flipped the Off-Price Retail Story After TJX’s Marmaxx Miss
- Advance Auto Parts Plunged, But Its Turnaround Is Still Working
- Is Palo Alto Networks Priced for Perfection Again as AI Security Demand Accelerates?
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.
