ExxonMobil Corporation $XOM Stock Holdings Lessened by Clifford Swan Investment Counsel LLC

Clifford Swan Investment Counsel LLC trimmed its stake in ExxonMobil Corporation (NYSE:XOM) by 1.1% during the second quarter, according to its most recent disclosure with the SEC. The fund owned 286,015 shares of the oil and gas company’s stock after selling 3,146 shares during the quarter. ExxonMobil makes up about 1.3% of Clifford Swan Investment Counsel LLC’s investment portfolio, making the stock its 20th largest holding. Clifford Swan Investment Counsel LLC’s holdings in ExxonMobil were worth $39,104,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Berbice Capital Management LLC acquired a new position in shares of ExxonMobil during the fourth quarter worth approximately $26,000. E Fund Management Hong Kong Co. Ltd. increased its position in ExxonMobil by 456.1% in the 4th 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 acquiring an additional 187 shares during the period. Aventus Investment Advisors Inc. bought a new stake in ExxonMobil during the 2nd quarter valued at $27,000. Keewaydin Investments LLC acquired a new position in ExxonMobil during the 4th quarter worth $33,000. Finally, Portus Wealth Advisors LLC bought a new position in shares of ExxonMobil in the first quarter worth $36,000. 61.80% of the stock is owned by institutional investors and hedge funds.

ExxonMobil News Roundup

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

Several equities analysts have commented on XOM shares. Citigroup reissued a “neutral” rating on shares of ExxonMobil in a research note on Wednesday, July 8th. Mizuho decreased their price objective on shares of ExxonMobil from $175.00 to $170.00 and set a “neutral” rating for the company in a report on Thursday, July 9th. Zacks Research cut ExxonMobil from a “strong-buy” rating to a “hold” rating in a report on Tuesday, May 26th. Morgan Stanley upped their target price on ExxonMobil from $168.00 to $177.00 and gave the stock an “overweight” rating in a research report on Wednesday, August 19th. Finally, Barclays decreased their price target on ExxonMobil from $182.00 to $177.00 and set an “overweight” rating for the company in a research note on Monday, August 17th. Ten investment analysts have rated the stock with a Buy rating and twelve have given a Hold rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $166.10.

ExxonMobil Price Performance

Shares of XOM opened at $160.93 on Tuesday. The business’s 50-day moving average is $150.98 and its 200-day moving average is $151.94. The company has a debt-to-equity ratio of 0.12, a current ratio of 1.13 and a quick ratio of 0.85. The company has a market capitalization of $667.05 billion, a price-to-earnings ratio of 20.71, a P/E/G ratio of 0.62 and a beta of 0.17. ExxonMobil Corporation has a fifty-two week low of $108.35 and a fifty-two week high of $176.41.

ExxonMobil (NYSE:XOM) 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 return on equity of 13.14% and a net margin of 8.88%.The company had revenue of $114.53 billion during the quarter, compared to analyst estimates of $109.94 billion. During the same period last year, the company posted $1.64 earnings per share. Equities research analysts expect that ExxonMobil Corporation will post 11.86 EPS for the current fiscal year.

ExxonMobil Announces Dividend

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

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.