Silicon Valley Capital Partners lessened its stake in ExxonMobil Corporation (NYSE:XOM – Free Report) by 82.7% during the 1st quarter, HoldingsChannel reports. The institutional investor owned 15,991 shares of the oil and gas company’s stock after selling 76,340 shares during the quarter. Silicon Valley Capital Partners’ holdings in ExxonMobil were worth $2,713,000 at the end of the most recent quarter.
Several other large investors also recently added to or reduced their stakes in XOM. Impact Partnership Wealth LLC increased its holdings in ExxonMobil by 0.6% during the 1st quarter. Impact Partnership Wealth LLC now owns 12,017 shares of the oil and gas company’s stock worth $2,039,000 after purchasing an additional 67 shares during the period. Cardinal Strategic Wealth Guidance raised 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 valued at $631,000 after purchasing an additional 68 shares in the last quarter. Core Wealth Advisors Inc. lifted its holdings in shares of ExxonMobil by 1.0% in 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 buying an additional 68 shares during the period. ICW Investment Advisors LLC lifted its holdings in shares of ExxonMobil by 0.3% in the 4th quarter. ICW Investment Advisors LLC now owns 25,286 shares of the oil and gas company’s stock worth $3,043,000 after buying an additional 69 shares during the period. Finally, Swisher Financial Concepts Inc. grew its position in shares of 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 worth $4,649,000 after buying an additional 69 shares in the last quarter. 61.80% of the stock is owned by hedge funds and other institutional investors.
ExxonMobil Stock Up 0.2%
Shares of ExxonMobil stock opened at $157.08 on Friday. The company has a quick ratio of 0.77, a current ratio of 1.04 and a debt-to-equity ratio of 0.13. The company has a market cap 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 price is $145.65 and its 200-day moving average price is $148.55. ExxonMobil Corporation has a 52-week low of $105.53 and a 52-week high of $176.41.
Analyst Upgrades and Downgrades
XOM has been the topic of several research reports. JPMorgan Chase & Co. raised their price target on ExxonMobil from $140.00 to $170.00 and gave the company an “overweight” rating in a research note on Thursday, April 9th. Citigroup reaffirmed a “neutral” rating on shares of ExxonMobil in a research note on Wednesday, July 8th. Sanford C. Bernstein dropped their target price on shares of ExxonMobil from $195.00 to $182.00 and set an “outperform” rating on the stock in a report on Monday, May 11th. Royal Bank Of Canada reissued a “sector perform” rating and set a $180.00 target price on shares of ExxonMobil in a research report on Tuesday, May 5th. Finally, DZ Bank upgraded shares of ExxonMobil to a “strong-buy” rating in a report on Monday, July 6th. One analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and twelve have issued a Hold rating to the company. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $163.45.
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
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.
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