Pinnacle Wealth Management Advisory Group LLC Purchases 7,095 Shares of ExxonMobil Corporation $XOM

Key Points

• Pinnacle Wealth Management increased its ExxonMobil position by 27.1% in the second quarter, acquiring 7,095 shares and bringing its holdings to 33,296 shares valued at approximately $4.55 million. Institutional investors collectively own 61.8% of XOM.
• Analyst sentiment is mixed, with 10 Buy ratings and 12 Hold ratings producing a consensus “Hold” rating and an average price target of $167.45. ExxonMobil recently reported $3.52 in quarterly EPS, slightly below expectations, while revenue exceeded estimates.
• ExxonMobil declared a quarterly dividend of $1.03 per share, equivalent to $4.12 annually and a 2.6% yield; the company’s payout ratio is 53.02%.

Pinnacle Wealth Management Advisory Group LLC increased its position in ExxonMobil Corporation (NYSE:XOM - Free Report) by 27.1% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 33,296 shares of the oil and gas company's stock after buying an additional 7,095 shares during the quarter. Pinnacle Wealth Management Advisory Group LLC's holdings in ExxonMobil were worth $4,552,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also added to or reduced their stakes in the company. California State Teachers Retirement System raised its stake in shares of ExxonMobil by 14,136.6% during the second quarter. California State Teachers Retirement System now owns 696,207,635 shares of the oil and gas company's stock valued at $95,185,508,000 after acquiring an additional 691,317,352 shares during the last quarter. Norges Bank bought a new stake in shares of ExxonMobil in the fourth quarter worth $7,625,063,000. GQG Partners LLC grew its stake in shares of ExxonMobil by 153.3% in the second quarter. GQG Partners LLC now owns 16,877,523 shares of the oil and gas company's stock worth $2,307,497,000 after purchasing an additional 10,214,420 shares during the last quarter. Quantum Portfolio Management LLC acquired a new stake in ExxonMobil in the first quarter valued at $965,932,000. Finally, Arrowstreet Capital Limited Partnership acquired a new stake in ExxonMobil in the first quarter valued at $766,345,000. Institutional investors own 61.80% of the company's stock.

Analyst Upgrades and Downgrades

Several research analysts have commented on XOM shares. Mizuho cut their target price on ExxonMobil from $175.00 to $170.00 and set a "neutral" rating on the stock in a report on Thursday, July 9th. Morgan Stanley increased their price target on ExxonMobil from $168.00 to $177.00 and gave the company an "overweight" rating in a research note on Wednesday, August 19th. DZ Bank downgraded ExxonMobil from a "buy" rating to a "hold" rating and set a $156.00 price objective for the company. in a research report on Tuesday, August 4th. UBS Group reaffirmed a "buy" rating on shares of ExxonMobil in a research note on Tuesday. Finally, Wells Fargo & Company reiterated an "overweight" rating and issued a $182.00 target price on shares of ExxonMobil in a report on Monday, August 3rd. Ten research analysts have rated the stock with a Buy rating and twelve have assigned a Hold rating to the company. Based on data from MarketBeat.com, ExxonMobil presently has a consensus rating of "Hold" and an average price target of $167.45.

ExxonMobil Stock Performance

Shares of XOM opened at $160.76 on Wednesday. The company has a current ratio of 1.13, a quick ratio of 0.85 and a debt-to-equity ratio of 0.12. The firm's fifty day simple moving average is $153.93 and its two-hundred day simple moving average is $152.45. ExxonMobil Corporation has a 12 month low of $110.39 and a 12 month high of $176.41. The stock has a market capitalization of $666.36 billion, a P/E ratio of 20.69, a price-to-earnings-growth ratio of 0.97 and a beta of 0.18.

ExxonMobil (NYSE:XOM - Get Free Report) last posted its quarterly earnings data 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 period last year, the business posted $1.64 earnings per share. As a group, analysts predict that ExxonMobil Corporation will post 11.98 EPS for the current year.

ExxonMobil Dividend Announcement

The firm also recently announced 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. 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 payout ratio is presently 53.02%.

Key Stories Impacting ExxonMobil

Here are the key news stories impacting ExxonMobil this week:

• Positive Sentiment: Higher oil prices and analyst optimism support the outlook. Piper Sandler reportedly sees ExxonMobil moving toward new highs after a strong 2026 rally, while other commentary points to potential earnings benefits from higher crude prices, cost savings and lower debt. Piper Sandler sees ExxonMobil heading toward new highs
• Positive Sentiment: ExxonMobil is taking operatorship of Papua LNG. The transition from TotalEnergies strengthens ExxonMobil’s operational role in a major liquefied natural gas project and could provide longer-term production and cash-flow growth. Papua LNG’s estimated cost has been reduced to approximately $14 billion, potentially improving project economics. ExxonMobil to assume operatorship of Papua LNG from TotalEnergies
• Positive Sentiment: Pioneer is launching $2.1 billion in cash tender offers for senior notes. The ExxonMobil subsidiary is targeting its 2030 and 2031 notes, which may help manage debt maturities and optimize financing costs. The offers expire September 14. ExxonMobil cash tender offers for outstanding notes
• Neutral Sentiment: ExxonMobil’s dividend record remains a long-term attraction. The company has raised its dividend for 43 consecutive years, although the history also highlights how sharply lower oil prices can pressure the payout during downturns. ExxonMobil dividend history
• Negative Sentiment: Legal and geopolitical risks remain overhangs. Kazakhstan has paused enforcement in the Kashagan environmental dispute, but international arbitration remains possible. Separately, a potential return to Venezuela could offer growth, but ExxonMobil’s prior “uninvestable” assessment underscores the country’s political, contractual and operational risks. Exxon stays flat as Kazakhstan pauses dispute enforcement

ExxonMobil Company Profile

Exxon Mobil Corporation, doing business as ExxonMobil, is an integrated energy company engaged in the exploration, development, production and marketing of crude oil and natural gas. Its upstream operations support oil and natural gas production in multiple regions worldwide, while its downstream businesses refine crude oil into fuels and other petroleum products for commercial, industrial and consumer markets.

Through its product solutions businesses, ExxonMobil manufactures and markets lubricants, specialty fluids, petroleum-derived products and chemical products, including commodity and performance chemicals used in packaging, automotive components, construction materials and other industrial applications.

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