Arcus Capital Partners LLC Cuts Stock Holdings in ExxonMobil Corporation $XOM

Arcus Capital Partners LLC decreased its position in ExxonMobil Corporation (NYSE:XOM - Free Report) by 68.0% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 4,446 shares of the oil and gas company's stock after selling 9,429 shares during the quarter. Arcus Capital Partners LLC's holdings in ExxonMobil were worth $608,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Avant Capital LLC grew its stake in ExxonMobil by 0.6% in the 2nd quarter. Avant Capital LLC now owns 11,182 shares of the oil and gas company's stock valued at $1,529,000 after purchasing an additional 65 shares during the period. Impact Partnership Wealth LLC boosted its stake 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 valued at $2,039,000 after acquiring an additional 67 shares during the last quarter. Cardinal Strategic Wealth Guidance boosted its stake in ExxonMobil by 1.9% in the first quarter. Cardinal Strategic Wealth Guidance now owns 3,720 shares of the oil and gas company's stock valued at $631,000 after acquiring an additional 68 shares during the last quarter. Core Wealth Advisors Inc. grew its position in shares of ExxonMobil by 1.0% during the 1st 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 during the period. Finally, ICW Investment Advisors LLC increased its stake in shares of ExxonMobil by 0.3% during the 4th quarter. ICW Investment Advisors LLC now owns 25,286 shares of the oil and gas company's stock worth $3,043,000 after purchasing an additional 69 shares during the last quarter. Hedge funds and other institutional investors own 61.80% of the company's stock.

Trending Headlines about ExxonMobil

Here are the key news stories impacting ExxonMobil this week:

• Positive Sentiment: Debt tender offer signals active liability management: ExxonMobil’s wholly owned Pioneer Natural Resources subsidiary offered to purchase up to $2.1 billion of outstanding senior notes—$1.1 billion due in 2030 and $1 billion due in 2031. The move could reduce refinancing exposure and optimize debt costs, supporting investor confidence. The offers expire September 14. ExxonMobil cash tender offers
• Positive Sentiment: Analysts remain constructive: Piper Sandler sees ExxonMobil potentially reaching new highs after a roughly 30% 2026 rally, citing elevated oil prices and solid earnings. Other coverage points to higher oil prices, cost savings and lower debt as potential drivers of future profits. Piper Sandler ExxonMobil outlook
• Positive Sentiment: Papua LNG advances: ExxonMobil is set to become operator of the Papua LNG project after development costs were reduced to approximately $14 billion. Progress toward a final investment decision strengthens Exxon’s long-term production and LNG growth pipeline, though it will require substantial capital. Papua LNG cost reduction
• Neutral Sentiment: Dividend record supports the investment case: ExxonMobil has raised its dividend for 43 consecutive years, including during the 2020 downturn. The history reinforces its reputation for shareholder returns but does not represent a new payout increase. ExxonMobil dividend history
• Neutral Sentiment: Possible Venezuela opportunity remains speculative: Chevron’s expanded Venezuelan agreement could provide a model for ExxonMobil to re-enter the country, but management previously called the market “uninvestable.” Any benefit depends on sanctions, political stability and contract terms. ExxonMobil and Venezuela
• Negative Sentiment: Kashagan dispute is unresolved: Kazakhstan paused enforcement of a reported $5.06 billion environmental claim involving the Kashagan project, offering near-term relief. However, international arbitration continues, leaving a significant legal and financial overhang. ExxonMobil Kazakhstan dispute

Analyst Ratings Changes

A number of equities research analysts recently commented on XOM shares. Weiss Ratings raised shares of ExxonMobil from a "hold (c)" rating to a "buy (b-)" rating in a report on Tuesday, August 4th. UBS Group reissued a "buy" rating on shares of ExxonMobil in a research report on Tuesday. HSBC set a $158.00 target price on ExxonMobil in a research note on Monday, August 3rd. Barclays cut their price target on ExxonMobil from $182.00 to $177.00 and set an "overweight" rating for the company in a research note on Monday, August 17th. Finally, Bank of America lowered ExxonMobil from a "buy" rating to a "neutral" rating and lifted their price objective for the stock from $154.00 to $158.00 in a report on Tuesday, July 28th. 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 has a consensus rating of "Hold" and a consensus price target of $167.45.

ExxonMobil Stock Up 0.8%

Shares of NYSE XOM opened at $160.76 on Wednesday. The company has a quick ratio of 0.85, a current ratio of 1.13 and a debt-to-equity ratio of 0.12. The company has a market cap of $666.36 billion, a P/E ratio of 20.69, a P/E/G ratio of 0.97 and a beta of 0.18. ExxonMobil Corporation has a 52 week low of $110.39 and a 52 week high of $176.41. The business has a 50-day simple moving average of $153.93 and a two-hundred day simple moving average of $152.45.

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 company had revenue of $114.53 billion for the quarter, compared to the consensus estimate 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 company earned $1.64 earnings per share. Research analysts anticipate that ExxonMobil Corporation will post 11.98 earnings per share for the current fiscal year.

ExxonMobil Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, September 10th. Investors of record on Monday, August 17th will be paid 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 yield of 2.6%. ExxonMobil's dividend payout ratio (DPR) is currently 53.02%.

ExxonMobil Profile

Exxon Mobil Corporation, doing business as ExxonMobil, is an integrated energy company engaged in the exploration, development, production and marketing of crude oil and natural gas. Its upstream operations support oil and natural gas production in multiple regions worldwide, while its downstream businesses refine crude oil into fuels and other petroleum products for commercial, industrial and consumer markets.

Through its product solutions businesses, ExxonMobil manufactures and markets lubricants, specialty fluids, petroleum-derived products and chemical products, including commodity and performance chemicals used in packaging, automotive components, construction materials and other industrial applications.

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