Czech National Bank boosted its holdings in shares of ExxonMobil Corporation (NYSE:XOM – Free Report) by 3.7% during the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 1,179,811 shares of the oil and gas company’s stock after purchasing an additional 41,678 shares during the quarter. ExxonMobil makes up approximately 0.9% of Czech National Bank’s holdings, making the stock its 19th largest holding. Czech National Bank’s holdings in ExxonMobil were worth $161,304,000 as of its most recent SEC filing.
Other institutional investors and hedge funds also recently made changes to their positions in the company. Portus Wealth Advisors LLC acquired a new stake in ExxonMobil in the first quarter valued at $36,000. Berbice Capital Management LLC acquired a new position in ExxonMobil during the 4th quarter worth $26,000. Midwest Capital Advisors LLC bought a new stake in shares of ExxonMobil in the 4th quarter worth about $27,000. E Fund Management Hong Kong Co. Ltd. increased its position in shares of ExxonMobil by 456.1% in the 4th 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 last quarter. Finally, Atlantic Private Wealth LLC raised its stake in shares of ExxonMobil by 776.9% in the 1st quarter. Atlantic Private Wealth LLC now owns 228 shares of the oil and gas company’s stock valued at $39,000 after purchasing an additional 202 shares in the last quarter. 61.80% of the stock is currently owned by hedge funds and other institutional investors.
ExxonMobil Stock Up 2.0%
Shares of ExxonMobil stock opened at $154.61 on Friday. The stock has a market capitalization of $640.84 billion, a price-to-earnings ratio of 19.90, a PEG ratio of 0.60 and a beta of 0.17. ExxonMobil Corporation has a twelve month low of $105.53 and a twelve month high of $176.41. The company has a current ratio of 1.13, a quick ratio of 0.85 and a debt-to-equity ratio of 0.12. The business’s 50 day simple moving average is $145.97 and its 200-day simple moving average is $149.48.
ExxonMobil Announces Dividend
The company also recently declared a quarterly dividend, which will be paid on Thursday, September 10th. Stockholders of record on Monday, August 17th will be issued a dividend of $1.03 per share. The ex-dividend date of this dividend is Monday, August 17th. This represents a $4.12 annualized dividend and a dividend yield of 2.7%. ExxonMobil’s payout ratio is 53.02%.
ExxonMobil News Roundup
Here are the key news stories impacting ExxonMobil this week:
- Positive Sentiment: ExxonMobil awarded McDermott a letter of intent covering limited engineering and procurement work for the Rovuma LNG Phase 1 midstream project in Mozambique. The development supports ExxonMobil’s long-term LNG growth strategy, although the award is not yet a final construction contract. ExxonMobil in Mozambique Awards McDermott Letter of Intent for Rovuma LNG Project
- Positive Sentiment: ExxonMobil is reportedly linking a potential $80 billion investment to expand Kazakhstan’s Kashagan oil field to a resolution of the government’s long-running dispute with international oil companies. A successful agreement could create a significant future production opportunity for XOM, though the investment remains conditional. Exxon Links New $80 Billion Kazakh Oil Venture to Ending Dispute
- Positive Sentiment: Industry coverage points to elevated oil prices and record refining margins, helped by Middle East supply disruptions and tighter global fuel markets. These conditions support ExxonMobil’s upstream and downstream earnings outlook. Middle East War Triggers New Global Refining Boom
- Positive Sentiment: Analyst commentary highlights strong production, higher oil prices, a solid balance sheet and potential undervaluation following second-quarter results. ExxonMobil also selected Sercel’s Marlin software for its Whiptail development in Guyana, supporting project execution. The Zacks Analyst Blog Highlights ExxonMobil, Chevron and BP
- Neutral Sentiment: ExxonMobil received a rating upgrade from “strong sell” to “hold,” while another analyst lowered its rating. The mixed analyst signals suggest valuation and near-term earnings concerns remain despite the company’s longer-term strengths. ExxonMobil Stock Rating Lowered by DZ Bank
- Negative Sentiment: ExxonMobil narrowly missed quarterly EPS expectations, and President Trump has pressured Exxon and other oil companies to lower gasoline prices after strong profits. Political scrutiny could weigh on margins or shareholder returns if it leads to policy intervention. President Trump Pressures Exxon and Chevron to Lower Gas Prices
Wall Street Analysts Forecast Growth
Several equities analysts have recently commented on XOM shares. Piper Sandler began coverage on shares of ExxonMobil in a research report on Thursday, July 23rd. They set a “neutral” rating and a $158.00 price target on the stock. HSBC set a $158.00 price objective on ExxonMobil in a report on Monday. Royal Bank Of Canada reaffirmed a “sector perform” rating and set a $180.00 target price on shares of ExxonMobil in a report on Tuesday, May 5th. Wolfe Research lowered ExxonMobil from an “outperform” rating to a “peer perform” rating in a research report on Tuesday, April 21st. Finally, DZ Bank cut ExxonMobil from a “buy” rating to a “hold” rating and set a $156.00 price objective on the stock. in a research note on Tuesday. Ten analysts have rated the stock with a Buy rating and thirteen have given a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $162.95.
ExxonMobil Company 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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