Proficio Capital Partners LLC Purchases 14,786 Shares of ExxonMobil Corporation $XOM

Key Points

• Proficio Capital Partners increased its ExxonMobil stake by 269.7% in the second quarter, purchasing 14,786 additional shares and bringing its total holdings to 20,268 shares valued at approximately $2.77 million.
• Institutional ownership remains significant, with investors holding 61.8% of ExxonMobil’s outstanding stock; several other investment firms also modestly increased their positions.
• Analyst sentiment is mixed, with ExxonMobil carrying a consensus “Hold” rating and an average price target of $166.10. The company reported quarterly revenue above expectations but narrowly missed EPS estimates, while maintaining a $1.03 quarterly dividend.

Proficio Capital Partners LLC raised its position in ExxonMobil Corporation (NYSE:XOM - Free Report) by 269.7% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 20,268 shares of the oil and gas company's stock after buying an additional 14,786 shares during the period. Proficio Capital Partners LLC's holdings in ExxonMobil were worth $2,771,000 as of its most recent SEC filing.

Other large investors have also recently added to or reduced their stakes in the company. Impact Partnership Wealth LLC raised its stake in shares of ExxonMobil by 0.6% in the first quarter. Impact Partnership Wealth LLC now owns 12,017 shares of the oil and gas company's stock valued at $2,039,000 after acquiring an additional 67 shares during the last quarter. Cardinal Strategic Wealth Guidance grew its position in ExxonMobil by 1.9% during the 1st quarter. Cardinal Strategic Wealth Guidance now owns 3,720 shares of the oil and gas company's stock worth $631,000 after acquiring an additional 68 shares during the last quarter. Core Wealth Advisors Inc. grew its position in ExxonMobil by 1.0% during the 1st quarter. Core Wealth Advisors Inc. now owns 6,805 shares of the oil and gas company's stock worth $1,155,000 after acquiring an additional 68 shares during the last quarter. ICW Investment Advisors LLC increased its holdings in ExxonMobil by 0.3% during the 4th quarter. ICW Investment Advisors LLC now owns 25,286 shares of the oil and gas company's stock valued at $3,043,000 after purchasing an additional 69 shares in the last quarter. Finally, Swisher Financial Concepts Inc. increased its holdings in ExxonMobil by 0.3% during the 1st quarter. Swisher Financial Concepts Inc. now owns 27,402 shares of the oil and gas company's stock valued at $4,649,000 after purchasing an additional 69 shares in the last quarter. 61.80% of the stock is owned by institutional investors.

Key ExxonMobil News

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.

Analyst Ratings Changes

A number of equities analysts have commented on the company. DZ Bank lowered 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. HSBC set a $158.00 price target on shares of ExxonMobil in a research report on Monday, August 3rd. Barclays decreased their price objective on shares of ExxonMobil from $182.00 to $177.00 and set an "overweight" rating on the stock in a report on Monday, August 17th. Zacks Research downgraded shares of ExxonMobil from a "strong-buy" rating to a "hold" rating in a research note on Tuesday, May 26th. Finally, UBS Group set a $168.00 target price on shares of ExxonMobil in a research report on Friday, August 7th. Ten analysts have rated the stock with a Buy rating and twelve have given a Hold rating to the stock. According to data from MarketBeat, ExxonMobil presently has a consensus rating of "Hold" and an average price target of $166.10.

ExxonMobil Stock Performance

XOM stock opened at $160.93 on Tuesday. The business's fifty day moving average is $150.98 and its 200-day moving average 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. The company has a market cap of $667.05 billion, a P/E ratio of 20.71, a price-to-earnings-growth ratio of 0.62 and a beta of 0.17. 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 announced its quarterly earnings data 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 company 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 period last year, the firm earned $1.64 earnings per share. Equities research analysts forecast that ExxonMobil Corporation will post 11.86 EPS for the current year.

ExxonMobil Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, September 10th. Stockholders of record on Monday, August 17th will be given a dividend of $1.03 per share. This represents a $4.12 annualized dividend and a dividend yield of 2.6%. The ex-dividend date is Monday, August 17th. ExxonMobil's payout ratio is presently 53.02%.

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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