Ameritas Advisory Services LLC grew its position in shares of ExxonMobil Corporation (NYSE:XOM - Free Report) by 32.7% during the 2nd quarter, according to the company in its most recent filing with the SEC. The firm owned 33,303 shares of the oil and gas company's stock after purchasing an additional 8,203 shares during the quarter. Ameritas Advisory Services LLC's holdings in ExxonMobil were worth $4,553,000 as of its most recent filing with the SEC.
Other large investors have also bought and sold shares of the company. Assetmark Inc. lifted its stake in shares of ExxonMobil by 8.3% in the 1st quarter. Assetmark Inc. now owns 492,309 shares of the oil and gas company's stock valued at $83,525,000 after purchasing an additional 37,666 shares during the last quarter. Charles Schwab Trust Co increased its position in ExxonMobil by 392.9% during the second quarter. Charles Schwab Trust Co now owns 122,223 shares of the oil and gas company's stock worth $16,710,000 after buying an additional 97,424 shares during the last quarter. CV Advisors LLC increased its position in ExxonMobil by 126.7% during the second quarter. CV Advisors LLC now owns 11,589 shares of the oil and gas company's stock worth $1,584,000 after buying an additional 6,478 shares during the last quarter. Midwest Trust Co raised its holdings in ExxonMobil by 3.9% during the first quarter. Midwest Trust Co now owns 710,969 shares of the oil and gas company's stock valued at $120,623,000 after buying an additional 26,411 shares in the last quarter. Finally, King Luther Capital Management Corp raised its holdings in ExxonMobil by 2.4% during the fourth quarter. King Luther Capital Management Corp now owns 1,664,995 shares of the oil and gas company's stock valued at $200,366,000 after buying an additional 38,492 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: Analyst sees further upside: Piper Sandler reportedly expects ExxonMobil to move toward new highs, citing the stock’s strong 2026 performance, elevated oil prices and solid earnings. The bullish view could support investor confidence. Piper Sandler Sees ExxonMobil Heading Toward New Highs
- Positive Sentiment: Momentum remains strong: Zacks identifies ExxonMobil as a strong momentum stock, reinforcing the technical trend and potentially attracting momentum-oriented investors. Why ExxonMobil Is a Strong Momentum Stock
- Positive Sentiment: Papua LNG advances: TotalEnergies reduced the Papua LNG project’s estimated cost to approximately $14 billion, while ExxonMobil is set to become the operator. Lower costs may improve project economics, and operatorship gives ExxonMobil greater control over development and execution as the project approaches a final investment decision. TotalEnergies Cuts Papua LNG Cost
- Neutral Sentiment: Ownership changes add scale but also execution exposure: Santos agreed to increase its participating interest in Papua LNG as ExxonMobil assumes operatorship. The arrangement could strengthen ExxonMobil’s strategic position, but large LNG projects remain exposed to capital requirements, construction delays and commercial risks. Santos Boosts Papua LNG Stake
- Negative Sentiment: Oil-price volatility remains a risk: Middle East tensions have caused oil prices to surge and retreat sharply, creating uncertainty for ExxonMobil’s upstream earnings and valuation. Oil Price Outlook for 2026
Analyst Upgrades and Downgrades
XOM has been the subject of several recent analyst reports. UBS Group set a $168.00 price target on ExxonMobil in a research note on Friday, August 7th. DZ Bank downgraded ExxonMobil from a "buy" rating to a "hold" rating and set a $156.00 price objective on the stock. in a research note on Tuesday, August 4th. Freedom Capital upgraded ExxonMobil from a "strong sell" rating to a "hold" rating in a report on Tuesday, August 4th. Weiss Ratings raised ExxonMobil from a "hold (c)" rating to a "buy (b-)" rating in a research report on Tuesday, August 4th. Finally, Morgan Stanley increased their price target on ExxonMobil from $168.00 to $177.00 and gave the company an "overweight" rating in a report on Wednesday, August 19th. Ten equities research analysts have rated the stock with a Buy rating and twelve have given a Hold rating to the company. According to data from MarketBeat, ExxonMobil presently has a consensus rating of "Hold" and a consensus target price of $167.45.
Read Our Latest Stock Analysis on ExxonMobil
ExxonMobil Price Performance
Shares of NYSE:XOM opened at $159.53 on Tuesday. The company has a market cap of $661.24 billion, a price-to-earnings ratio of 20.53, a PEG ratio of 0.97 and a beta of 0.18. The business has a 50 day moving average price of $153.44 and a 200 day moving average price of $152.37. The company has a quick ratio of 0.85, a current ratio of 1.13 and a debt-to-equity ratio of 0.12. ExxonMobil Corporation has a twelve month low of $108.35 and a twelve month high of $176.41.
ExxonMobil (NYSE:XOM - Get Free Report) last issued its quarterly earnings results on Friday, July 31st. The oil and gas company reported $3.52 EPS for the quarter, missing analysts' consensus estimates of $3.56 by ($0.04). The business had revenue of $114.53 billion for the quarter, compared to analyst estimates of $109.94 billion. ExxonMobil had a return on equity of 13.14% and a net margin of 8.88%.During the same quarter last year, the firm earned $1.64 earnings per share. Research analysts predict that ExxonMobil Corporation will post 11.98 earnings per share for the current year.
ExxonMobil Dividend Announcement
The business also recently declared a quarterly dividend, which will be paid on Thursday, September 10th. Shareholders 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 dividend on an annualized basis and a yield of 2.6%. ExxonMobil's dividend payout ratio is 53.02%.
About ExxonMobil
(
Free Report)
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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