Czech National Bank Grows Position in ExxonMobil Corporation $XOM

Key Points

• Czech National Bank increased its ExxonMobil stake by 3.7% in the second quarter to 1.18 million shares valued at approximately $161.3 million. Institutional investors and hedge funds collectively own 61.8% of XOM.
• Analyst sentiment remains mixed, with 10 Buy ratings and 13 Holds, producing an overall “Hold” consensus and an average price target of $162.95. ExxonMobil shares recently traded at $154.61.
• ExxonMobil reported quarterly revenue of $114.53 billion, above expectations, but adjusted earnings of $3.52 per share narrowly missed forecasts. The company also declared a quarterly dividend of $1.03, equal to a 2.7% annualized yield.

Czech National Bank raised its stake in shares of ExxonMobil Corporation (NYSE:XOM - Free Report) by 3.7% in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 1,179,811 shares of the oil and gas company's stock after purchasing an additional 41,678 shares during the period. ExxonMobil accounts for 0.9% of Czech National Bank's portfolio, making the stock its 19th largest position. Czech National Bank's holdings in ExxonMobil were worth $161,304,000 as of its most recent filing with the SEC.

Other hedge funds also recently made changes to their positions in the company. Norges Bank purchased a new stake in ExxonMobil during the fourth quarter valued at about $7,625,063,000. Quantum Portfolio Management LLC purchased a new position in shares of ExxonMobil in the 1st quarter worth about $965,932,000. Arrowstreet Capital Limited Partnership purchased a new position in shares of ExxonMobil in the 1st quarter worth about $766,345,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its stake in shares of ExxonMobil by 18.2% in the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 15,997,332 shares of the oil and gas company's stock valued at $1,925,119,000 after purchasing an additional 2,465,410 shares in the last quarter. Finally, Van ECK Associates Corp grew its holdings in shares of ExxonMobil by 334.4% during the 4th quarter. Van ECK Associates Corp now owns 3,062,497 shares of the oil and gas company's stock worth $368,541,000 after purchasing an additional 2,357,467 shares during the period. Institutional investors and hedge funds own 61.80% of the company's stock.

Wall Street Analysts Forecast Growth

A number of research firms recently issued reports on XOM. BNP Paribas Exane set a $165.00 target price on shares of ExxonMobil and gave the stock a "neutral" rating in a research report on Friday, April 17th. Freedom Capital raised shares of ExxonMobil from a "strong sell" rating to a "hold" rating in a research report on Tuesday. TD Cowen dropped their price objective on shares of ExxonMobil from $172.00 to $155.00 and set a "buy" rating for the company in a research report on Thursday, July 2nd. UBS Group increased their price objective on shares of ExxonMobil from $171.00 to $174.00 and gave the stock a "buy" rating in a research report on Monday, May 4th. Finally, Citigroup restated a "neutral" rating on shares of ExxonMobil in a report on Wednesday, July 8th. Ten investment analysts have rated the stock with a Buy rating and thirteen have issued a Hold rating to the company's stock. According to MarketBeat, the stock presently has an average rating of "Hold" and an average price target of $162.95.

ExxonMobil Stock Performance

Shares of NYSE:XOM opened at $154.61 on Friday. The business's 50-day simple moving average is $145.97 and its 200 day simple moving average is $149.48. The company has a market cap of $640.84 billion, a P/E ratio of 19.90, a PEG ratio of 0.60 and a beta of 0.17. The company has a debt-to-equity ratio of 0.12, a quick ratio of 0.85 and a current ratio of 1.13. ExxonMobil Corporation has a one year low of $105.53 and a one year high of $176.41.

ExxonMobil (NYSE:XOM - Get Free Report) last released its quarterly earnings results 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 company had revenue of $114.53 billion during the quarter, compared to analysts' expectations of $109.94 billion. During the same quarter in the prior year, the company earned $1.64 EPS. On average, sell-side analysts forecast that ExxonMobil Corporation will post 11.72 earnings per share for the current fiscal year.

ExxonMobil Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, September 10th. Stockholders of record on Monday, August 17th will be paid a $1.03 dividend. The ex-dividend date is Monday, August 17th. This represents a $4.12 annualized dividend and a dividend yield of 2.7%. ExxonMobil's dividend payout ratio is 53.02%.

Key Stories Impacting ExxonMobil

Here are the key news stories impacting ExxonMobil this week:

• Positive Sentiment: ExxonMobil awarded McDermott a letter of intent covering limited engineering and procurement work for the Rovuma LNG Phase 1 midstream project in Mozambique. The development supports ExxonMobil’s long-term LNG growth strategy, although the award is not yet a final construction contract. ExxonMobil in Mozambique Awards McDermott Letter of Intent for Rovuma LNG Project
• Positive Sentiment: ExxonMobil is reportedly linking a potential $80 billion investment to expand Kazakhstan’s Kashagan oil field to a resolution of the government’s long-running dispute with international oil companies. A successful agreement could create a significant future production opportunity for XOM, though the investment remains conditional. Exxon Links New $80 Billion Kazakh Oil Venture to Ending Dispute
• Positive Sentiment: Industry coverage points to elevated oil prices and record refining margins, helped by Middle East supply disruptions and tighter global fuel markets. These conditions support ExxonMobil’s upstream and downstream earnings outlook. Middle East War Triggers New Global Refining Boom
• Positive Sentiment: Analyst commentary highlights strong production, higher oil prices, a solid balance sheet and potential undervaluation following second-quarter results. ExxonMobil also selected Sercel’s Marlin software for its Whiptail development in Guyana, supporting project execution. The Zacks Analyst Blog Highlights ExxonMobil, Chevron and BP
• Neutral Sentiment: ExxonMobil received a rating upgrade from “strong sell” to “hold,” while another analyst lowered its rating. The mixed analyst signals suggest valuation and near-term earnings concerns remain despite the company’s longer-term strengths. ExxonMobil Stock Rating Lowered by DZ Bank
• Negative Sentiment: ExxonMobil narrowly missed quarterly EPS expectations, and President Trump has pressured Exxon and other oil companies to lower gasoline prices after strong profits. Political scrutiny could weigh on margins or shareholder returns if it leads to policy intervention. President Trump Pressures Exxon and Chevron to Lower Gas Prices

ExxonMobil Company Profile

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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