Allen Mooney & Barnes Investment Advisors LLC Sells 43,353 Shares of ExxonMobil Corporation $XOM

Key Points

• Allen Mooney & Barnes Investment Advisors cut its ExxonMobil stake by 33.7%, selling 43,353 shares and retaining 85,466 shares worth approximately $11.7 million. Institutional investors collectively own 61.8% of XOM.
• ExxonMobil reported second-quarter adjusted EPS of $3.52, slightly below the $3.56 consensus, but revenue of $114.53 billion exceeded estimates and profit rose sharply year over year.
• The company declared a quarterly dividend of $1.03 per share, equivalent to $4.12 annually and a 2.6% yield. Analysts maintain a consensus “Hold” rating with a $163.29 price target, while political scrutiny and oil-price volatility remain risks.

Allen Mooney & Barnes Investment Advisors LLC lowered its holdings in shares of ExxonMobil Corporation (NYSE:XOM - Free Report) by 33.7% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 85,466 shares of the oil and gas company's stock after selling 43,353 shares during the period. ExxonMobil comprises 1.8% of Allen Mooney & Barnes Investment Advisors LLC's portfolio, making the stock its 24th largest holding. Allen Mooney & Barnes Investment Advisors LLC's holdings in ExxonMobil were worth $11,685,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. Portus Wealth Advisors LLC acquired a new position in ExxonMobil during the 1st quarter worth about $36,000. Berbice Capital Management LLC acquired a new stake in ExxonMobil in the 4th quarter valued at about $26,000. Midwest Capital Advisors LLC bought a new position in shares of ExxonMobil in the fourth quarter worth about $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 acquiring an additional 187 shares during the last quarter. Finally, Atlantic Private Wealth LLC lifted its position in shares of ExxonMobil by 776.9% during the first quarter. Atlantic Private Wealth LLC now owns 228 shares of the oil and gas company's stock worth $39,000 after purchasing an additional 202 shares in the last quarter. Institutional investors own 61.80% of the company's stock.

ExxonMobil News Roundup

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

ExxonMobil Stock Performance

Shares of XOM stock opened at $159.76 on Thursday. The company has a debt-to-equity ratio of 0.12, a current ratio of 1.13 and a quick ratio of 0.85. The stock has a market cap of $662.20 billion, a PE ratio of 20.56, a price-to-earnings-growth ratio of 0.60 and a beta of 0.17. The stock has a 50-day moving average of $146.67 and a 200-day moving average of $150.21. ExxonMobil Corporation has a one year low of $105.67 and a one year high of $176.41.

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 the consensus estimate of $3.56 by ($0.04). The firm 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 period in the previous year, the business earned $1.64 EPS. As a group, sell-side analysts expect that ExxonMobil Corporation will post 12.34 earnings per share for the current 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 issued a $1.03 dividend. The ex-dividend date of this dividend is Monday, August 17th. This represents a $4.12 annualized dividend and a dividend yield of 2.6%. ExxonMobil's payout ratio is 53.02%.

Wall Street Analyst Weigh In

Several analysts have recently commented on XOM shares. Mizuho decreased their price target on shares of ExxonMobil from $175.00 to $170.00 and set a "neutral" rating on the stock in a research note on Thursday, July 9th. Wolfe Research downgraded ExxonMobil from an "outperform" rating to a "peer perform" rating in a report on Tuesday, April 21st. TD Cowen upped their price objective on ExxonMobil from $155.00 to $168.00 and gave the stock 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 objective on shares of ExxonMobil in a research report on Tuesday, May 5th. Finally, BNP Paribas Exane set a $165.00 target price on ExxonMobil and gave the company a "neutral" rating in a research note on Friday, April 17th. Ten analysts have rated the stock with a Buy rating and thirteen have given a Hold rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of "Hold" and a consensus price target of $163.29.

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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