10,193 Shares in ExxonMobil Corporation $XOM Acquired by Outlook Capital Management LLC

Key Points

• Outlook Capital Management acquired 10,193 ExxonMobil shares worth approximately $1.394 million in the second quarter, making XOM its 11th-largest holding. Institutional investors and hedge funds collectively own 61.8% of the stock.
• Analysts have a consensus “Hold” rating and an average price target of $167.45, with recent targets ranging from $168 to $182. ExxonMobil’s latest quarter beat revenue expectations but narrowly missed the consensus EPS estimate.
• ExxonMobil declared a quarterly dividend of $1.03 per share, equivalent to a $4.12 annual payout and a 2.6% yield. The outlook remains supported by production growth and refining conditions, though falling oil prices pose a key risk to earnings and cash flow.

Outlook Capital Management LLC bought a new stake in shares of ExxonMobil Corporation (NYSE:XOM - Free Report) in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 10,193 shares of the oil and gas company's stock, valued at approximately $1,394,000. ExxonMobil comprises approximately 0.4% of Outlook Capital Management LLC's portfolio, making the stock its 11th largest holding.

Other institutional investors also recently bought and sold shares of the company. Avant Capital LLC boosted its position in shares of ExxonMobil by 0.6% in the 2nd quarter. Avant Capital LLC now owns 11,182 shares of the oil and gas company's stock worth $1,529,000 after purchasing an additional 65 shares in the last quarter. Impact Partnership Wealth LLC boosted its holdings in ExxonMobil by 0.6% in the first quarter. Impact Partnership Wealth LLC now owns 12,017 shares of the oil and gas company's stock worth $2,039,000 after acquiring an additional 67 shares in the last quarter. Cardinal Strategic Wealth Guidance grew its stake in shares of ExxonMobil by 1.9% during the first quarter. Cardinal Strategic Wealth Guidance now owns 3,720 shares of the oil and gas company's stock worth $631,000 after acquiring an additional 68 shares during the last quarter. Core Wealth Advisors Inc. increased its holdings in shares of ExxonMobil by 1.0% during the first quarter. Core Wealth Advisors Inc. now owns 6,805 shares of the oil and gas company's stock valued at $1,155,000 after acquiring an additional 68 shares in the last quarter. Finally, ICW Investment Advisors LLC increased its holdings in shares of ExxonMobil by 0.3% during the fourth quarter. ICW Investment Advisors LLC now owns 25,286 shares of the oil and gas company's stock valued at $3,043,000 after acquiring an additional 69 shares in the last quarter. 61.80% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of analysts recently commented on XOM shares. Barclays lowered 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. TD Cowen upped their price target on shares of ExxonMobil from $155.00 to $168.00 and gave the company a "buy" rating in a research note on Friday, August 7th. Wells Fargo & Company reaffirmed an "overweight" rating and issued a $182.00 price target on shares of ExxonMobil in a report on Monday, August 3rd. Freedom Capital upgraded shares of ExxonMobil from a "strong sell" rating to a "hold" rating in a research note on Tuesday, August 4th. Finally, Citigroup reissued a "neutral" rating on shares of ExxonMobil in a report on Wednesday, July 8th. Ten equities research analysts have rated the stock with a Buy rating and twelve have issued a Hold rating to the company. Based on data from MarketBeat, the stock currently has an average rating of "Hold" and a consensus price target of $167.45.

ExxonMobil News Roundup

Here are the key news stories impacting ExxonMobil this week:

• Positive Sentiment: Higher oil prices and tighter refining capacity could support near-term earnings. Growth from Guyana and the Permian Basin strengthens ExxonMobil’s production outlook. Can ExxonMobil Benefit From the Current Energy Market Tightness?
• Positive Sentiment: ExxonMobil’s dividend remains a key attraction. The company appears positioned for a 44th consecutive annual payout increase, while second-quarter free cash flow exceeded dividend payments by nearly $13 billion. Management has also indicated that free cash flow could potentially double by 2030. 2 Energy Dividend Stocks With Growing Payouts, Led by ExxonMobil
• Positive Sentiment: Recent investment commentary continues to identify XOM as an attractive value and high-yield income stock, which may support demand from long-term and dividend-focused investors. 2 High-Yield Dividend Stocks Worth Buying Right Now
• Neutral Sentiment: The bullish outlook depends heavily on sustained oil prices and refining tightness. ExxonMobil’s latest reported quarter included earnings per share below consensus, although revenue exceeded expectations.
• Negative Sentiment: ExxonMobil was reportedly excluded from a White House meeting with major oil executives focused on gasoline prices, refinery capacity and retail fuel costs. The exclusion was linked to prior political friction over potential investments in Venezuela, creating concerns about regulatory access and political relations. ExxonMobil Was Excluded From a White House Oil Meeting
• Negative Sentiment: A sharp decline in crude prices remains the primary risk to ExxonMobil’s cash flow, earnings and dividend coverage despite its current financial strength. Exxon’s Dividend Looks Safe Today—but What If Oil Prices Tumble?

ExxonMobil Stock Performance

Shares of NYSE XOM opened at $159.53 on Friday. 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 Corporation has a 12 month low of $108.35 and a 12 month high of $176.41. The company has a 50 day simple moving average of $152.97 and a two-hundred day simple moving average of $152.25. The stock has a market cap of $661.24 billion, a price-to-earnings ratio of 20.53, a PEG ratio of 1.00 and a beta of 0.18.

ExxonMobil (NYSE:XOM - Get Free Report) last released its quarterly earnings data 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). ExxonMobil had a return on equity of 13.14% and a net margin of 8.88%.The business had revenue of $114.53 billion during the quarter, compared to analyst estimates of $109.94 billion. During the same quarter in the previous year, the company earned $1.64 EPS. As a group, analysts predict that ExxonMobil Corporation will post 11.86 earnings per share for the current year.

ExxonMobil Dividend Announcement

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

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.

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