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NS Partners Ltd Has $23.39 Million Stock Position in ExxonMobil Corporation $XOM

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Key Points

  • NS Partners Ltd reduced its ExxonMobil stake by 6.5% in the second quarter, selling 11,810 shares and retaining 171,076 shares valued at approximately $23.39 million. Institutional investors collectively own 61.8% of XOM.
  • ExxonMobil reported quarterly revenue of $114.53 billion, exceeding estimates, but earnings per share of $3.52 narrowly missed consensus. The company declared a quarterly dividend of $1.03 per share, equivalent to a 2.6% annualized yield.
  • Higher oil prices and potential expansion in Venezuela support the outlook, while refinery storm risks, commodity-price cyclicality and mixed analyst views remain concerns. Wall Street’s consensus rating is “Hold,” with an average price target of $166.10.
  • Five stocks we like better than ExxonMobil.

NS Partners Ltd reduced its position in shares of ExxonMobil Corporation (NYSE:XOM - Free Report) by 6.5% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 171,076 shares of the oil and gas company's stock after selling 11,810 shares during the period. NS Partners Ltd's holdings in ExxonMobil were worth $23,390,000 at the end of the most recent reporting period.

Several other institutional investors have also recently bought and sold shares of XOM. Aventus Investment Advisors Inc. acquired a new stake in ExxonMobil during the second quarter worth about $27,000. Portus Wealth Advisors LLC bought a new position in ExxonMobil during the 1st quarter valued at about $36,000. Berbice Capital Management LLC acquired a new position in ExxonMobil in the fourth quarter worth $26,000. E Fund Management Hong Kong Co. Ltd. raised its stake 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 worth $27,000 after acquiring an additional 187 shares during the last quarter. Finally, Atlantic Private Wealth LLC boosted its position in ExxonMobil by 776.9% in the 1st quarter. Atlantic Private Wealth LLC now owns 228 shares of the oil and gas company's stock valued at $39,000 after buying an additional 202 shares during the last quarter. Institutional investors own 61.80% of the company's stock.

Key Headlines Impacting ExxonMobil

Here are the key news stories impacting ExxonMobil this week:

  • Positive Sentiment: Higher oil prices supported the stock. Renewed U.S.-Iran military strikes and continued shipping constraints in the Strait of Hormuz pushed WTI crude toward $86 and Brent above $90, improving the earnings outlook for major oil producers such as ExxonMobil. Chevron and Exxon Mobil Rise as U.S. Strikes on Iran Push Oil Prices Higher
  • Positive Sentiment: Venezuela could become a new growth avenue. President Donald Trump said ExxonMobil is among the companies preparing to enter Venezuela’s oil sector. A potential return after Exxon exited following Venezuela’s 2007 nationalization could provide access to substantial reserves and long-term production opportunities, although the company has not confirmed a final investment. Trump Says Exxon Is Going Into Venezuela
  • Positive Sentiment: Production momentum remains a bright spot. ExxonMobil’s second-quarter results included record production and approximately $116 billion in revenue, exceeding revenue expectations. Year-over-year EPS growth also highlighted the benefit of stronger operations and commodity prices. What XOM’s Q2 Earnings Say About Production Growth and Market Risk
  • Neutral Sentiment: Exxon is reportedly bidding for Shell’s U.S. chemicals assets. A transaction potentially valued near $8 billion could expand ExxonMobil’s chemicals footprint, but the purchase price, financing and integration risks could affect shareholder returns. ExxonMobil’s Bid for Shell’s U.S. Chemicals Assets
  • Negative Sentiment: Storm preparations create near-term operating risk. ExxonMobil and Motiva are preparing East Texas refineries for high winds and possible flooding from a tropical storm, raising the possibility of temporary disruptions or additional costs. Motiva and Exxon Prepare Refineries for Storm
  • Negative Sentiment: Erste Group Bank lowered its fiscal 2027 EPS forecast, while analysts continue to flag ExxonMobil’s commodity-price cyclicality and cost pressures. The latest quarter also narrowly missed consensus EPS estimates despite beating on revenue.

ExxonMobil Price Performance

XOM stock opened at $160.93 on Tuesday. The company's 50-day moving average price is $150.98 and its two-hundred day moving average price is $151.94. 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 12 month low of $108.35 and a 12 month high of $176.41. The firm has a market cap of $667.05 billion, a P/E ratio of 20.71, a P/E/G ratio of 0.62 and a beta of 0.17.

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 analysts' consensus estimates of $3.56 by ($0.04). ExxonMobil had a net margin of 8.88% and a return on equity of 13.14%. The company had revenue of $114.53 billion during the quarter, compared to analyst estimates of $109.94 billion. During the same quarter in the previous year, the business posted $1.64 earnings per share. On average, analysts anticipate that ExxonMobil Corporation will post 11.86 earnings per share for the current fiscal year.

ExxonMobil Announces Dividend

The firm 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 dividend of $1.03 per share. This represents a $4.12 dividend on an annualized basis and a yield of 2.6%. The ex-dividend date is Monday, August 17th. ExxonMobil's dividend payout ratio (DPR) is presently 53.02%.

Wall Street Analysts Forecast Growth

XOM has been the topic of several research analyst reports. UBS Group set a $168.00 price objective 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 for the company. in a report on Tuesday, August 4th. Weiss Ratings upgraded ExxonMobil from a "hold (c)" rating to a "buy (b-)" rating in a research note on Tuesday, August 4th. Bank of America cut shares of ExxonMobil from a "buy" rating to a "neutral" rating and raised their price target for the stock from $154.00 to $158.00 in a research note on Tuesday, July 28th. Finally, Zacks Research lowered shares of ExxonMobil from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, May 26th. Ten equities research 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 an average target price of $166.10.

Check Out Our Latest Stock Analysis on ExxonMobil

ExxonMobil Company Profile

(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.

See Also

Institutional Ownership by Quarter for ExxonMobil (NYSE:XOM)

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

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