FinArc Investments Inc. Buys Shares of 4,719 ExxonMobil Corporation $XOM

FinArc Investments Inc. purchased a new stake in shares of ExxonMobil Corporation (NYSE:XOM) in the first quarter, according to its most recent filing with the SEC. The firm purchased 4,719 shares of the oil and gas company’s stock, valued at approximately $801,000.

Several other institutional investors have also modified their holdings of XOM. Assetmark Inc. raised its position in shares of 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 buying an additional 37,666 shares during the last quarter. Sanctuary Advisors LLC boosted its position in ExxonMobil by 2.3% during the fourth quarter. Sanctuary Advisors LLC now owns 1,048,409 shares of the oil and gas company’s stock worth $126,166,000 after acquiring an additional 23,668 shares during the last quarter. Midwest Trust Co boosted its position in ExxonMobil by 3.9% during the first quarter. Midwest Trust Co now owns 710,969 shares of the oil and gas company’s stock worth $120,623,000 after acquiring an additional 26,411 shares during the last quarter. King Luther Capital Management Corp grew its stake in ExxonMobil by 2.4% during the 4th quarter. King Luther Capital Management Corp now owns 1,664,995 shares of the oil and gas company’s stock valued at $200,366,000 after acquiring an additional 38,492 shares in the last quarter. Finally, Valpey Financial Services LLC grew its stake in ExxonMobil by 12,037.6% during the 4th quarter. Valpey Financial Services LLC now owns 476,400 shares of the oil and gas company’s stock valued at $57,330,000 after acquiring an additional 472,475 shares in the last quarter. Hedge funds and other institutional investors own 61.80% of the company’s stock.

ExxonMobil Trading Up 0.2%

NYSE XOM opened at $157.08 on Friday. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.04 and a quick ratio of 0.77. The stock has a market capitalization of $651.09 billion, a P/E ratio of 26.49, a PEG ratio of 0.64 and a beta of 0.17. The firm’s 50-day moving average is $145.65 and its two-hundred day moving average is $148.55. ExxonMobil Corporation has a 12 month low of $105.53 and a 12 month high of $176.41.

ExxonMobil (NYSE:XOM) last announced its quarterly earnings results on Friday, May 1st. The oil and gas company reported $1.16 earnings per share for the quarter, beating analysts’ consensus estimates of $0.98 by $0.18. The business had revenue of $83.16 billion during the quarter, compared to analysts’ expectations of $81.13 billion. ExxonMobil had a net margin of 7.57% and a return on equity of 10.24%. The business’s revenue for the quarter was up 2.4% on a year-over-year basis. During the same period last year, the business earned $1.76 earnings per share. On average, sell-side analysts anticipate that ExxonMobil Corporation will post 11.39 earnings per share for the current year.

More ExxonMobil News

Here are the key news stories impacting ExxonMobil this week:

• Positive Sentiment: Escalating Middle East tensions and reduced expectations that the Strait of Hormuz will reopen pushed oil prices higher, supporting ExxonMobil’s upstream earnings outlook. Oil Prices Jump After U.S. and Iran Strikes Hit Hormuz Hopes
• Positive Sentiment: ExxonMobil is expected to report its strongest earnings and free cash flow since 2022. Investors are watching whether the company uses the cash windfall for dividends, share repurchases, debt reduction, or growth investments. Exxon Earnings Will Show What It Plans to Do With Its Cash Windfall
• Positive Sentiment: Erste Group Bank modestly raised its ExxonMobil EPS forecasts to $11.04 for fiscal 2026 and $11.00 for fiscal 2027, signaling slightly improved expectations, although both remain below the broader consensus for the current year. ExxonMobil earnings estimate revisions
• Positive Sentiment: A new carbon-capture and storage project with Williams in Louisiana could support ExxonMobil’s low-carbon business and strengthen its role in natural-gas processing infrastructure. ExxonMobil agrees to new CCS project with Williams
• Neutral Sentiment: ExxonMobil is scheduled to release second-quarter results before the market opens on July 31. Analysts cited by Benzinga expect approximately $3.68 in EPS and $97.66 billion in revenue, making the report a major near-term catalyst. How to Earn $500 a Month From Exxon Mobil Stock Ahead of Q2 Earnings
• Negative Sentiment: ExxonMobil and Chevron reportedly face hurdles in trying to expand access to Venezuelan oil, limiting a potential source of future production growth. Market Chatter: Exxon, Chevron Face Hurdles Trying to Tap Into Venezuelan Oil
• Negative Sentiment: Bank of America downgraded ExxonMobil and said the stock offers limited additional upside. That valuation concern could weigh on shares if earnings or management’s capital-allocation plans disappoint. Exxon Mobil Seen Offering Limited Upside, BofA Says

Analysts Set New Price Targets

XOM has been the topic of a number of research reports. DZ Bank raised shares of ExxonMobil to a “strong-buy” rating in a research note on Monday, July 6th. Wolfe Research lowered ExxonMobil from an “outperform” rating to a “peer perform” rating in a research report on Tuesday, April 21st. Wells Fargo & Company increased their price target on ExxonMobil from $183.00 to $185.00 and gave the company an “overweight” rating in a report on Thursday, April 9th. Morgan Stanley reduced their price objective on ExxonMobil from $171.00 to $168.00 and set an “overweight” rating on the stock in a research report on Monday, June 29th. Finally, Zacks Research cut ExxonMobil from a “strong-buy” rating to a “hold” rating in a report on Tuesday, May 26th. One research analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and twelve have assigned a Hold rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $163.45.

ExxonMobil 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.