Advisory Solutions Group LLC Takes Position in ExxonMobil Corporation $XOM

Key Points

• Advisory Solutions Group LLC acquired 7,864 ExxonMobil shares in the second quarter, valued at approximately $1.08 million. Institutional investors collectively own 61.8% of XOM.
• ExxonMobil reported quarterly revenue of $114.53 billion, exceeding expectations, but earnings per share of $3.52 fell slightly short of consensus. The company declared a quarterly dividend of $1.03 per share, representing a 2.6% yield.
• XOM trades near $159.53, while analysts maintain a consensus “Hold” rating with a $167.45 price target. The outlook benefits from higher oil prices and production growth, but remains vulnerable to falling crude prices and political or regulatory tensions.

Advisory Solutions Group LLC purchased a new stake in ExxonMobil Corporation (NYSE:XOM - Free Report) in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 7,864 shares of the oil and gas company's stock, valued at approximately $1,075,000.

Several other institutional investors have also recently made changes to their positions in XOM. Berbice Capital Management LLC purchased a new position in ExxonMobil in the fourth quarter valued at about $26,000. E Fund Management Hong Kong Co. Ltd. increased its position in 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 valued at $27,000 after buying an additional 187 shares in the last quarter. Aventus Investment Advisors Inc. acquired a new position in ExxonMobil during the 2nd quarter valued at about $27,000. Keewaydin Investments LLC purchased a new stake in ExxonMobil in the fourth quarter valued at about $33,000. Finally, Portus Wealth Advisors LLC purchased a new stake in ExxonMobil in the first quarter valued at about $36,000. Hedge funds and other institutional investors own 61.80% of the company's stock.

ExxonMobil Price Performance

NYSE:XOM opened at $159.53 on Friday. The company has a 50 day moving average price of $152.97 and a 200-day moving average price of $152.25. 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 1-year low of $108.35 and a 1-year high of $176.41. The firm has a market cap of $661.24 billion, a price-to-earnings ratio of 20.53, a price-to-earnings-growth ratio of 0.98 and a beta of 0.18.

ExxonMobil (NYSE:XOM - Get Free Report) last announced its quarterly earnings results on Friday, July 31st. The oil and gas company reported $3.52 earnings per share for the quarter, missing the consensus estimate of $3.56 by ($0.04). The business had revenue of $114.53 billion during the quarter, compared to analysts' expectations of $109.94 billion. ExxonMobil had a net margin of 8.88% and a return on equity of 13.14%. During the same quarter in the prior year, the firm earned $1.64 EPS. Equities research analysts forecast that ExxonMobil Corporation will post 11.98 EPS for the current 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 issued 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 presently 53.02%.

Trending Headlines about ExxonMobil

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?

Wall Street Analyst Weigh In

XOM has been the topic of a number of research analyst reports. Wall Street Zen upgraded ExxonMobil to a "hold" rating in a research note on Saturday. Citigroup reiterated a "neutral" rating on shares of ExxonMobil in a research note on Wednesday, July 8th. Bank of America lowered ExxonMobil from a "buy" rating to a "neutral" rating and increased their price objective for the company from $154.00 to $158.00 in a report on Tuesday, July 28th. Piper Sandler raised their price objective on ExxonMobil from $158.00 to $185.00 and gave the stock a "neutral" rating in a research note on Thursday. Finally, HSBC set a $158.00 price target on shares of ExxonMobil in a report on Monday, August 3rd. Ten research analysts have rated the stock with a Buy rating and twelve have given a Hold rating to the company's stock. According to data from MarketBeat.com, ExxonMobil has an average rating of "Hold" and a consensus price target of $167.45.

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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