Pinnacle Wealth Management Advisory Group LLC Has $4.55 Million Stock Holdings in ExxonMobil Corporation $XOM

Pinnacle Wealth Management Advisory Group LLC boosted its position in ExxonMobil Corporation (NYSE:XOM) by 27.1% in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 33,296 shares of the oil and gas company’s stock after buying an additional 7,095 shares during the period. Pinnacle Wealth Management Advisory Group LLC’s holdings in ExxonMobil were worth $4,552,000 at the end of the most recent quarter.

A number of other institutional investors have also added to or reduced their stakes in XOM. Berbice Capital Management LLC bought a new stake in shares of ExxonMobil during the fourth quarter valued at approximately $26,000. E Fund Management Hong Kong Co. Ltd. raised its position in shares of ExxonMobil by 456.1% during the fourth quarter. E Fund Management Hong Kong Co. Ltd. now owns 228 shares of the oil and gas company’s stock worth $27,000 after purchasing an additional 187 shares during the period. Aventus Investment Advisors Inc. bought a new position in shares of ExxonMobil in the 2nd quarter worth $27,000. Keewaydin Investments LLC bought a new position in shares of ExxonMobil in the 4th quarter worth $33,000. Finally, Portus Wealth Advisors LLC acquired a new stake in ExxonMobil in the 1st quarter valued at $36,000. 61.80% of the stock is owned by institutional investors and hedge funds.

Key ExxonMobil News

Here are the key news stories impacting ExxonMobil this week:

• Positive Sentiment: Higher oil prices and analyst optimism support the outlook. Piper Sandler reportedly sees ExxonMobil moving toward new highs after a strong 2026 rally, while other commentary points to potential earnings benefits from higher crude prices, cost savings and lower debt. Piper Sandler sees ExxonMobil heading toward new highs
• Positive Sentiment: ExxonMobil is taking operatorship of Papua LNG. The transition from TotalEnergies strengthens ExxonMobil’s operational role in a major liquefied natural gas project and could provide longer-term production and cash-flow growth. Papua LNG’s estimated cost has been reduced to approximately $14 billion, potentially improving project economics. ExxonMobil to assume operatorship of Papua LNG from TotalEnergies
• Positive Sentiment: Pioneer is launching $2.1 billion in cash tender offers for senior notes. The ExxonMobil subsidiary is targeting its 2030 and 2031 notes, which may help manage debt maturities and optimize financing costs. The offers expire September 14. ExxonMobil cash tender offers for outstanding notes
• Neutral Sentiment: ExxonMobil’s dividend record remains a long-term attraction. The company has raised its dividend for 43 consecutive years, although the history also highlights how sharply lower oil prices can pressure the payout during downturns. ExxonMobil dividend history
• Negative Sentiment: Legal and geopolitical risks remain overhangs. Kazakhstan has paused enforcement in the Kashagan environmental dispute, but international arbitration remains possible. Separately, a potential return to Venezuela could offer growth, but ExxonMobil’s prior “uninvestable” assessment underscores the country’s political, contractual and operational risks. Exxon stays flat as Kazakhstan pauses dispute enforcement

Wall Street Analyst Weigh In

A number of analysts have commented on XOM shares. Wall Street Zen upgraded shares of ExxonMobil to a “hold” rating in a research note on Saturday. Morgan Stanley raised their price objective on shares of ExxonMobil from $168.00 to $177.00 and gave the company an “overweight” rating in a research note on Wednesday, August 19th. Bank of America cut shares of ExxonMobil from a “buy” rating to a “neutral” rating and lifted their price objective for the company from $154.00 to $158.00 in a report on Tuesday, July 28th. Piper Sandler boosted their target price 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. Finally, Barclays lowered their target price on shares of ExxonMobil from $182.00 to $177.00 and set an “overweight” rating on the stock in a report on Monday, August 17th. Ten analysts have rated the stock with a Buy rating and twelve have assigned a Hold rating to the stock. According to data from MarketBeat, ExxonMobil presently has an average rating of “Hold” and a consensus target price of $167.45.

ExxonMobil Stock Performance

NYSE XOM opened at $160.76 on Wednesday. ExxonMobil Corporation has a 1 year low of $110.39 and a 1 year high of $176.41. 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 market cap of $666.36 billion, a price-to-earnings ratio of 20.69, a PEG ratio of 0.97 and a beta of 0.18. The company has a fifty day moving average price of $153.93 and a 200-day moving average price of $152.45.

ExxonMobil (NYSE:XOM) last issued 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 return on equity of 13.14% and a net margin of 8.88%.The firm had revenue of $114.53 billion during the quarter, compared to the consensus estimate of $109.94 billion. During the same period in the previous year, the company posted $1.64 earnings per share. As a group, equities research analysts predict that ExxonMobil Corporation will post 11.98 EPS for the current fiscal year.

ExxonMobil Dividend Announcement

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

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.