B. Metzler seel. Sohn & Co. AG Grows Stake in ExxonMobil Corporation $XOM

B. Metzler seel. Sohn & Co. AG increased its position in ExxonMobil Corporation (NYSE:XOM - Free Report) by 12.9% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 226,391 shares of the oil and gas company's stock after acquiring an additional 25,783 shares during the period. B. Metzler seel. Sohn & Co. AG's holdings in ExxonMobil were worth $30,952,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. Emergent Wealth Advisors LLC grew its holdings in ExxonMobil by 15.8% during the second quarter. Emergent Wealth Advisors LLC now owns 2,736 shares of the oil and gas company's stock valued at $346,000 after purchasing an additional 373 shares during the period. Beacon Financial Advisory LLC raised its stake in shares of ExxonMobil by 6.7% in the second quarter. Beacon Financial Advisory LLC now owns 21,573 shares of the oil and gas company's stock worth $2,949,000 after buying an additional 1,362 shares during the period. First Citizens Financial Corp raised its stake in shares of ExxonMobil by 17.8% in the second quarter. First Citizens Financial Corp now owns 4,304 shares of the oil and gas company's stock worth $588,000 after buying an additional 649 shares during the period. Retirement Income Solutions Inc. lifted its position in shares of ExxonMobil by 23.5% during the 2nd quarter. Retirement Income Solutions Inc. now owns 3,660 shares of the oil and gas company's stock valued at $500,000 after buying an additional 696 shares in the last quarter. Finally, Nan Shan Life Insurance Co. Ltd. purchased a new position in shares of ExxonMobil during the 2nd quarter valued at about $45,326,000. Hedge funds and other institutional investors own 61.80% of the company's stock.

ExxonMobil Stock Down 0.2%

Shares of XOM opened at $164.25 on Thursday. The business's 50 day moving average is $152.01 and its 200 day moving average is $152.10. 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 market capitalization of $680.82 billion, a PE ratio of 21.14, a price-to-earnings-growth ratio of 1.01 and a beta of 0.18.

ExxonMobil (NYSE:XOM - Get Free Report) last posted 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). 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 the consensus estimate of $109.94 billion. During the same quarter in the previous year, the company earned $1.64 earnings per share. Research analysts expect that ExxonMobil Corporation will post 11.86 earnings per share for the current fiscal year.

ExxonMobil Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, September 10th. Investors of record on Monday, August 17th will be given a dividend of $1.03 per share. The ex-dividend date is Monday, August 17th. This represents a $4.12 dividend on an annualized basis and a dividend yield of 2.5%. ExxonMobil's dividend payout ratio is currently 53.02%.

Wall Street Analysts Forecast Growth

Several equities research analysts recently issued reports on the stock. Mizuho reduced their target price on shares of ExxonMobil from $175.00 to $170.00 and set a "neutral" rating for the company in a report on Thursday, July 9th. Wells Fargo & Company reaffirmed an "overweight" rating and set a $182.00 price target on shares of ExxonMobil in a report on Monday, August 3rd. Weiss Ratings upgraded shares of ExxonMobil from a "hold (c)" rating to a "buy (b-)" rating in a research report on Tuesday, August 4th. Citigroup reissued a "neutral" rating on shares of ExxonMobil in a research note on Wednesday, July 8th. Finally, TD Cowen raised their price objective on shares of ExxonMobil from $155.00 to $168.00 and gave the company a "buy" rating in a research report on Friday, August 7th. Ten investment analysts have rated the stock with a Buy rating and twelve have issued a Hold rating to the stock. According to data from MarketBeat.com, ExxonMobil presently has a consensus rating of "Hold" and a consensus price target of $166.10.

ExxonMobil News Summary

Here are the key news stories impacting ExxonMobil this week:

• Positive Sentiment: Potential return to Venezuela could create a new growth opportunity. President Donald Trump said ExxonMobil is preparing to enter Venezuela, reversing the company’s nearly two-decade absence after its assets were nationalized in 2007. Access to Venezuela’s large oil reserves could expand XOM’s long-term production portfolio, although the company has not publicly confirmed a final investment. Trump Says Exxon Will Enter Venezuela as Oil Investment Ramps Up
• Positive Sentiment: U.S. involvement in Venezuela is improving the outlook for supermajors. The U.S. push to secure Venezuelan oil rights, alongside Middle East supply risks, could support investment, production growth and energy prices for companies such as ExxonMobil. Striking Oil: How the U.S. Play for Venezuela Fuels Supermajors
• Positive Sentiment: Exxon is reportedly bidding for Shell’s U.S. chemicals assets. A potential transaction of roughly $8 billion would deepen XOM’s chemicals presence across Louisiana, Texas and Pennsylvania and may add scale if purchased at an attractive valuation. How ExxonMobil’s Bid for Shell’s U.S. Chemicals Assets Could Reshape the XOM Investment Story
• Positive Sentiment: AI investments could improve efficiency. ExxonMobil is using artificial intelligence to reduce downtime, improve drilling and optimize asset performance, potentially supporting margins and execution over time. 4 Oil & Gas Majors Using AI to Boost Efficiency and Execution
• Neutral Sentiment: Management changes in Kazakhstan are unlikely to immediately affect valuation. ExxonMobil and TotalEnergies appointed new country leadership, maintaining focus on a strategically important production region. ExxonMobil and TotalEnergies Appoint New Heads for Kazakhstan
• Negative Sentiment: Venezuela carries significant political and execution risk. Some producers reportedly remain hesitant about investing because of uncertainty surrounding the U.S.-Venezuela arrangement and the role of local intermediaries. Trump’s Oil Deal With Venezuela Raises Red Flags
• Negative Sentiment: Political pressure to lower gasoline prices may weigh on margins. ExxonMobil was not included in President Trump’s meeting with oil executives, while refiners face pressure to expand capacity and reduce fuel prices—potentially conflicting with shareholder profit goals. Trump to Meet With Oil Executives on Lowering Gas Prices

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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