Rathbones Group PLC Increases Stock Position in ExxonMobil Corporation $XOM

Rathbones Group PLC increased its position in ExxonMobil Corporation (NYSE:XOM - Free Report) by 20.1% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 1,075,915 shares of the oil and gas company's stock after buying an additional 179,782 shares during the quarter. Rathbones Group PLC's holdings in ExxonMobil were worth $182,540,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently added to or reduced their stakes in the company. Norges Bank acquired a new position in shares of ExxonMobil in the 4th quarter valued at about $7,625,063,000. Quantum Portfolio Management LLC acquired a new stake in ExxonMobil during the 1st quarter worth approximately $965,932,000. Arrowstreet Capital Limited Partnership purchased a new position in ExxonMobil in the first quarter valued at approximately $766,345,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its holdings in ExxonMobil by 18.2% in the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 15,997,332 shares of the oil and gas company's stock valued at $1,925,119,000 after buying an additional 2,465,410 shares during the period. Finally, Van ECK Associates Corp lifted its position in ExxonMobil by 334.4% during the fourth quarter. Van ECK Associates Corp now owns 3,062,497 shares of the oil and gas company's stock valued at $368,541,000 after buying an additional 2,357,467 shares in the last quarter. Hedge funds and other institutional investors own 61.80% of the company's stock.

ExxonMobil Stock Up 0.1%

Shares of NYSE:XOM opened at $155.65 on Monday. 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 52-week low of $105.53 and a 52-week high of $176.41. The company has a 50 day moving average of $145.66 and a two-hundred day moving average of $148.77. The company has a market capitalization of $645.16 billion, a price-to-earnings ratio of 20.03, a price-to-earnings-growth ratio of 0.64 and a beta of 0.17.

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 (EPS) 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 firm had revenue of $114.53 billion for the quarter, compared to analysts' expectations of $109.94 billion. During the same quarter in the prior year, the business earned $1.64 EPS. As a group, analysts forecast that ExxonMobil Corporation will post 11.36 earnings per share for the current fiscal year.

ExxonMobil Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, September 10th. Investors 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 of this dividend is Monday, August 17th. ExxonMobil's dividend payout ratio (DPR) is presently 53.02%.

More ExxonMobil News

Here are the key news stories impacting ExxonMobil this week:

• Positive Sentiment: ExxonMobil reported second-quarter adjusted earnings of $3.52 per share and net income of $14.53 billion, its strongest quarterly profit in four years. Earnings more than doubled from $1.64 per share a year earlier, supported by higher crude prices and improved refining margins amid Middle East tensions. ExxonMobil quarterly profit hits four-year high but misses analyst estimates
• Positive Sentiment: Revenue reached approximately $114.5 billion, exceeding analysts’ expectations, while operating cash flow was reported at $23.6 billion and free cash flow at $17.2 billion. ExxonMobil also returned about $9.4 billion to shareholders, supporting the investment case for dividends and buybacks. ExxonMobil Announces Second-Quarter 2026 Results
• Positive Sentiment: Record Permian Basin production and progress in Guyana provide longer-term growth support. ExxonMobil said its Guyana-led venture has recovered its initial development costs, allowing future oil revenues to generate greater profits and cash flow. Guyana set for bigger oil profits as ExxonMobil recoups initial costs
• Neutral Sentiment: ExxonMobil continues to view the Middle East as a long-term growth opportunity, despite the Iran conflict temporarily taking roughly 500,000 barrels per day of production offline. Higher prices have partly offset the volume disruption, but the conflict increases operating and geopolitical risk. Exxon Is Bullish on Mideast Despite Half-Million-Barrel War Hit
• Negative Sentiment: Adjusted EPS of $3.52 missed the $3.56 consensus estimate, while other reports cited a wider miss against a $3.68 forecast. Scheduled refinery maintenance and repairs limited fuel-making profits, making Exxon’s results less impressive than Chevron’s earnings beat. ExxonMobil Q2 2026 earnings miss on refinery maintenance

Analyst Ratings Changes

Several research firms have recently issued reports on XOM. Morgan Stanley dropped their price objective on shares of ExxonMobil from $171.00 to $168.00 and set an "overweight" rating for the company in a research report on Monday, June 29th. Zacks Research lowered shares of ExxonMobil from a "strong-buy" rating to a "hold" rating in a report on Tuesday, May 26th. Jefferies Financial Group upped their price target on shares of ExxonMobil from $178.00 to $184.00 and gave the stock a "buy" rating in a research report on Thursday, April 9th. UBS Group increased their price target on ExxonMobil from $171.00 to $174.00 and gave the company a "buy" rating in a report on Monday, May 4th. Finally, Piper Sandler began coverage on ExxonMobil in a research report on Thursday, July 23rd. They issued a "neutral" rating and a $158.00 price objective on the stock. One investment analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and twelve have assigned a Hold rating to the company's stock. According to data from MarketBeat, the company has an average rating of "Moderate Buy" and an average target price of $163.45.

ExxonMobil Company Profile

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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