ExxonMobil Corporation $XOM Shares Sold by Corient Private Wealth LP

Corient Private Wealth LP reduced its stake in shares of ExxonMobil Corporation (NYSE:XOM) by 18.8% during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 2,627,167 shares of the oil and gas company’s stock after selling 609,074 shares during the quarter. Corient Private Wealth LP’s holdings in ExxonMobil were worth $359,186,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also recently bought and sold shares of XOM. Assetmark Inc. grew its stake in ExxonMobil by 8.3% during the 1st quarter. Assetmark Inc. now owns 492,309 shares of the oil and gas company’s stock worth $83,525,000 after buying an additional 37,666 shares during the last quarter. Charles Schwab Trust Co raised its stake in ExxonMobil by 392.9% during 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 acquiring an additional 97,424 shares in the last quarter. CV Advisors LLC boosted its position in ExxonMobil by 126.7% during the 2nd quarter. CV Advisors LLC now owns 11,589 shares of the oil and gas company’s stock worth $1,584,000 after acquiring an additional 6,478 shares during the period. Midwest Trust Co grew 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 worth $120,623,000 after purchasing an additional 26,411 shares in the last quarter. Finally, Valpey Financial Services LLC grew 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 worth $57,330,000 after purchasing an additional 472,475 shares in the last quarter. 61.80% of the stock is owned by institutional investors and hedge funds.

Key Stories Impacting ExxonMobil

Here are the key news stories impacting ExxonMobil this week:

• Positive Sentiment: ExxonMobil and Angola’s ANPG announced a 20th discovery in offshore Block 15. The company’s continued success in a prolific, low-cost basin could expand production potential and support management’s target of achieving a 17% return on capital employed by 2030. Angola offshore discovery
• Positive Sentiment: ExxonMobil plans to raise its Papua LNG stake from 28.7% to 34.1% and assume operatorship. The project is targeting a final investment decision in the fourth quarter of 2026; greater control could improve ExxonMobil’s strategic position, though it also increases its capital commitment to a proposed roughly $14 billion development. Papua LNG project
• Positive Sentiment: Oil prices have surged, with Brent above $105 per barrel amid heightened Middle East tensions. Sustained high crude prices would typically lift ExxonMobil’s upstream cash flow and earnings, particularly given its low-cost resource base. Brent crude and ExxonMobil
• Neutral Sentiment: Analysts continue to view ExxonMobil’s balance sheet, upstream portfolio and long record of dividend increases favorably, but the stock trades at a premium valuation after a substantial 2026 rally. That leaves less room for disappointment if oil prices retreat or earnings fail to accelerate. ExxonMobil valuation analysis
• Negative Sentiment: Some intraday weakness was attributed to Pioneer Natural Resources’ planned cash tender offers for $2.1 billion of senior notes due in 2030 and 2031, a financing development that may have weighed on sentiment toward ExxonMobil’s portfolio and integration-related obligations. ExxonMobil shares and Pioneer debt tender offers

Wall Street Analyst Weigh In

A number of analysts have commented on the stock. UBS Group restated a “buy” rating on shares of ExxonMobil in a research report on Tuesday. Freedom Capital upgraded shares of ExxonMobil from a “strong sell” rating to a “hold” rating in a report on Tuesday, August 4th. Wells Fargo & Company reiterated an “overweight” rating and set a $182.00 price objective on shares of ExxonMobil in a research note on Monday, August 3rd. Bank of America cut ExxonMobil from a “buy” rating to a “neutral” rating and boosted their target price for the stock from $154.00 to $158.00 in a report on Tuesday, July 28th. Finally, Mizuho cut their target price on ExxonMobil from $175.00 to $170.00 and set a “neutral” rating for the company in a research report on Thursday, July 9th. Ten research analysts have rated the stock with a Buy rating and twelve have assigned a Hold rating to the company. Based on data from MarketBeat, ExxonMobil presently has an average rating of “Hold” and a consensus price target of $167.45.

ExxonMobil Stock Performance

Shares of XOM opened at $165.36 on Friday. 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’s 50 day moving average is $155.06 and its 200-day moving average is $152.67. ExxonMobil Corporation has a 12-month low of $110.39 and a 12-month high of $176.41. The stock has a market capitalization of $685.43 billion, a P/E ratio of 21.28, a P/E/G ratio of 1.00 and a beta of 0.18.

ExxonMobil (NYSE:XOM) last released its earnings results on Friday, July 31st. The oil and gas company reported $3.52 EPS for the quarter, missing the consensus estimate of $3.56 by ($0.04). The business had revenue of $114.53 billion for the quarter, compared to analyst estimates of $109.94 billion. ExxonMobil had a net margin of 8.88% and a return on equity of 13.14%. During the same period in the prior year, the company earned $1.64 earnings per share. Equities research analysts anticipate that ExxonMobil Corporation will post 11.98 EPS for the current fiscal year.

ExxonMobil Dividend Announcement

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

ExxonMobil Profile

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.