Security National Bank of Sioux City Iowa IA Has $4.25 Million Position in ExxonMobil Corporation $XOM

Security National Bank of Sioux City Iowa IA increased its position in shares of ExxonMobil Corporation (NYSE:XOM) by 19.8% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 31,120 shares of the oil and gas company’s stock after acquiring an additional 5,154 shares during the period. ExxonMobil comprises 1.8% of Security National Bank of Sioux City Iowa IA’s holdings, making the stock its 14th largest holding. Security National Bank of Sioux City Iowa IA’s holdings in ExxonMobil were worth $4,255,000 at the end of the most recent reporting period.

Other hedge funds have also added to or reduced their stakes in the company. Assetmark Inc. increased its holdings in ExxonMobil by 8.3% in the first quarter. Assetmark Inc. now owns 492,309 shares of the oil and gas company’s stock valued at $83,525,000 after purchasing an additional 37,666 shares during the period. Charles Schwab Trust Co grew its position in shares of ExxonMobil by 392.9% in the 2nd quarter. Charles Schwab Trust Co now owns 122,223 shares of the oil and gas company’s stock valued at $16,710,000 after buying an additional 97,424 shares during the last quarter. CV Advisors LLC grew its position in shares of ExxonMobil by 126.7% in the 2nd quarter. CV Advisors LLC now owns 11,589 shares of the oil and gas company’s stock valued at $1,584,000 after buying an additional 6,478 shares during the last quarter. Midwest Trust Co increased its stake in shares of ExxonMobil by 3.9% in the first quarter. Midwest Trust Co now owns 710,969 shares of the oil and gas company’s stock valued at $120,623,000 after buying an additional 26,411 shares during the period. Finally, Valpey Financial Services LLC increased its stake in shares of ExxonMobil by 12,037.6% in the fourth quarter. Valpey Financial Services LLC now owns 476,400 shares of the oil and gas company’s stock valued at $57,330,000 after buying an additional 472,475 shares during the period. 61.80% of the stock is owned by institutional investors.

More ExxonMobil News

Here are the key news stories impacting ExxonMobil this week:

• Positive Sentiment: ExxonMobil’s low-cost Permian and Guyana production, advantaged upstream assets, strong crude prices and elevated refining margins are viewed as supportive of earnings and cash flow. ExxonMobil’s Advantaged Assets and Refining Strength Drive Outlook
• Positive Sentiment: Reports that ExxonMobil is in preliminary talks to return to Venezuela could provide access to substantial long-term heavy-oil resources and add upstream growth potential, although no definitive deal has been announced. Exxon advances talks to return to Venezuela’s Orinoco Belt
• Positive Sentiment: Analysts continue to characterize XOM as a relatively safe energy-sector dividend stock, while potential buybacks and expanding Papua New Guinea natural-gas operations offer additional shareholder-return and growth support. Ranking the Safest Dividend Stocks in the Energy Sector Right Now
• Positive Sentiment: ExxonMobil’s carbon-capture and other lower-emission investments could become a meaningful earnings stream over time, with management targeting substantial new-business earnings by 2030 and beyond. Prediction: ExxonMobil’s Low-Carbon Bets Finally Show Up in Guidance by 2027
• Neutral Sentiment: The potential Venezuela investment is strategically attractive but remains preliminary and carries political, sanctions, execution and capital-allocation risks. ExxonMobil’s energy outlook also projects a slower decline in coal use, underscoring persistent long-term emissions and transition uncertainty. Exxon raises 2050 global emissions forecast
• Negative Sentiment: Floodwater overwhelmed a pump at ExxonMobil’s 275,000-barrel-per-day Joliet, Illinois, refinery, leaving the facility offline and tightening Midwest gasoline and diesel supplies. The outage could reduce near-term refining throughput and profits, while the repair timeline remains uncertain. Exxon Mobil says floodwater overwhelmed pump at Joliet refinery
• Negative Sentiment: ExxonMobil’s CFO warned that the refining market faces an unusually severe squeeze, highlighting operational and supply-chain risks despite potentially higher regional fuel prices. Separately, oil-futures backwardation and concerns about demand destruction and rising non-OPEC supply could pressure crude prices and future earnings. Exxon Mobil CFO warns of hidden risks behind oil supply shock

ExxonMobil Stock Down 0.1%

Shares of XOM traded down $0.16 during trading hours on Friday, hitting $163.11. The stock had a trading volume of 37,604,407 shares, compared to its average volume of 18,654,289. 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 firm has a 50 day simple moving average of $157.72 and a 200-day simple moving average of $153.21. The firm has a market capitalization of $676.09 billion, a P/E ratio of 20.99, a price-to-earnings-growth ratio of 1.00 and a beta of 0.18. ExxonMobil Corporation has a 1-year low of $110.39 and a 1-year 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). The firm 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 company posted $1.64 earnings per share. Sell-side analysts predict that ExxonMobil Corporation will post 11.93 EPS for the current fiscal year.

ExxonMobil Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, September 10th. Stockholders of record on Monday, August 17th were issued a dividend of $1.03 per share. The ex-dividend date was Monday, August 17th. This represents a $4.12 annualized dividend and a dividend yield of 2.5%. ExxonMobil’s payout ratio is currently 53.02%.

Analyst Upgrades and Downgrades

A number of equities analysts recently commented on XOM shares. Citigroup reaffirmed a “neutral” rating on shares of ExxonMobil in a research note on Wednesday, July 8th. Barclays lowered their price target on shares of ExxonMobil from $182.00 to $177.00 and set an “overweight” rating for the company in a report on Monday, August 17th. Wells Fargo & Company restated an “overweight” rating and issued a $182.00 price target on shares of ExxonMobil in a research report on Monday, August 3rd. Freedom Capital raised shares of ExxonMobil from a “strong sell” rating to a “hold” rating in a research note on Tuesday, August 4th. Finally, Piper Sandler increased their price objective on shares of ExxonMobil from $158.00 to $185.00 and gave the stock a “neutral” rating in a research report on Thursday, September 3rd. Ten analysts have rated the stock with a Buy rating and twelve have issued a Hold rating to the company. According to MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $167.45.

About ExxonMobil

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.