ExxonMobil Corporation $XOM Shares Sold by Northwestern Mutual Wealth Management Co.

Key Points

• Northwestern Mutual Wealth Management reduced its ExxonMobil stake by 13.5% in the second quarter, selling 95,885 shares and retaining 612,761 shares valued at approximately $83.8 million. Institutional investors collectively own 61.8% of XOM.
• ExxonMobil reported quarterly revenue of $114.53 billion, above expectations, but earnings of $3.52 per share narrowly missed estimates. The company declared a quarterly dividend of $1.03, equal to a 2.5% annualized yield.
• Higher oil prices, growth in Guyana and the Permian, and new infrastructure projects support ExxonMobil’s outlook, while carbon-credit concerns and potential production declines in Kazakhstan pose risks. Analysts maintain a consensus “Hold” rating with a $166.10 average price target.

Northwestern Mutual Wealth Management Co. trimmed its position in shares of ExxonMobil Corporation (NYSE:XOM - Free Report) by 13.5% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 612,761 shares of the oil and gas company's stock after selling 95,885 shares during the quarter. Northwestern Mutual Wealth Management Co.'s holdings in ExxonMobil were worth $83,777,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Berbice Capital Management LLC acquired a new stake in ExxonMobil in the 4th quarter valued at about $26,000. Midwest Capital Advisors LLC acquired a new position in ExxonMobil during the fourth quarter worth about $27,000. E Fund Management Hong Kong Co. Ltd. lifted its holdings 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 valued at $27,000 after purchasing an additional 187 shares in the last quarter. Aventus Investment Advisors Inc. acquired a new stake in shares of ExxonMobil in the second quarter valued at approximately $27,000. Finally, Nvest Wealth Strategies Inc. acquired a new stake in shares of ExxonMobil in the fourth quarter valued at approximately $32,000. Institutional investors and hedge funds own 61.80% of the company's stock.

Key Stories Impacting ExxonMobil

Here are the key news stories impacting ExxonMobil this week:

• Positive Sentiment: Rising oil prices are the clearest near-term catalyst. Brent crude recently moved above $93–$95 per barrel amid Strait of Hormuz disruption, geopolitical tensions and declining Russian exports, improving the outlook for ExxonMobil’s upstream cash flow and shareholder returns. Exxon Jumps 2% as Brent Crude Breaks Above $93
• Positive Sentiment: Analysts continue to point to ExxonMobil’s advantaged Guyana and Permian production, cost savings and expected volume growth as supports for earnings and free cash flow. These low-cost assets should provide particularly strong operating leverage if oil remains above $80. Cost Savings and Production Growth Strengthen ExxonMobil’s Outlook
• Positive Sentiment: A 20-year infrastructure agreement with Targa Resources across the Permian’s Delaware and Midland basins should improve long-term processing and takeaway capacity for ExxonMobil, helping support production growth through 2046. Targa Resources Secures 20-Year Deal With ExxonMobil
• Positive Sentiment: ExxonMobil is advancing growth projects, including a Nigerian deepwater campaign expected to add up to 40,000 barrels per day at the Usan field and contractor work for Rovuma LNG pipelines. Successful execution could diversify and expand future production.
• Neutral Sentiment: ExxonMobil is being highlighted as a long-term momentum and dividend investment, reflecting its scale, cash-return capacity and recent energy-sector strength. These are supportive investor themes but do not represent new company-specific developments. Why Exxon Mobil Holdings Is a Top Momentum Stock
• Negative Sentiment: A German regulator reportedly found a carbon-credit project backed by an ExxonMobil unit suspicious, creating reputational and potential regulatory risk for the company’s lower-carbon initiatives. ExxonMobil-Backed Carbon Credits Project Found Suspicious
• Negative Sentiment: ExxonMobil has warned that Kazakhstan’s leading oil field could reach peak production within several years, highlighting depletion and geopolitical risks that may weigh on longer-term growth.

ExxonMobil Stock Performance

Shares of XOM opened at $165.18 on Friday. The company has a debt-to-equity ratio of 0.12, a quick ratio of 0.85 and a current ratio of 1.13. The company has a market capitalization of $684.66 billion, a price-to-earnings ratio of 21.26, a PEG ratio of 0.65 and a beta of 0.17. The company's 50 day simple moving average is $148.58 and its 200 day simple moving average is $151.38. ExxonMobil Corporation has a 1 year low of $108.35 and a 1 year high of $176.41.

ExxonMobil (NYSE:XOM - Get Free Report) last released its earnings results on Friday, July 31st. The oil and gas company reported $3.52 EPS for the quarter, missing the consensus estimate of $3.56 by ($0.04). The firm had revenue of $114.53 billion during the quarter, compared to analysts' expectations 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 firm posted $1.64 earnings per share. On average, sell-side analysts predict that ExxonMobil Corporation will post 11.86 EPS for the current year.

ExxonMobil Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, September 10th. Stockholders of record on Monday, August 17th will be given 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 dividend yield of 2.5%. ExxonMobil's payout ratio is currently 53.02%.

Analysts Set New Price Targets

Several research analysts recently issued reports on the company. Bank of America downgraded 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 research report on Tuesday, July 28th. Piper Sandler began coverage on ExxonMobil in a report on Thursday, July 23rd. They set a "neutral" rating and a $158.00 target price on the stock. DZ Bank downgraded ExxonMobil from a "buy" rating to a "hold" rating and set a $156.00 price target for the company. in a research report on Tuesday, August 4th. Mizuho reduced their price objective on ExxonMobil from $175.00 to $170.00 and set a "neutral" rating on the stock in a research report on Thursday, July 9th. Finally, Sanford C. Bernstein decreased their price objective on ExxonMobil from $195.00 to $182.00 and set an "outperform" rating on the stock in a research note on Monday, May 11th. Ten equities research analysts have rated the stock with a Buy rating and twelve have issued a Hold rating to the stock. Based on data from MarketBeat.com, ExxonMobil has a consensus rating of "Hold" and a consensus target price of $166.10.

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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