Fifth Third Wealth Advisors LLC Increases Holdings in ExxonMobil Corporation $XOM

Fifth Third Wealth Advisors LLC increased its position in ExxonMobil Corporation (NYSE:XOM) by 4.9% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 204,823 shares of the oil and gas company’s stock after purchasing an additional 9,625 shares during the quarter. ExxonMobil makes up about 0.8% of Fifth Third Wealth Advisors LLC’s portfolio, making the stock its 22nd biggest position. Fifth Third Wealth Advisors LLC’s holdings in ExxonMobil were worth $28,003,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Assetmark Inc. grew its holdings in shares of ExxonMobil by 8.3% during the 1st quarter. Assetmark Inc. now owns 492,309 shares of the oil and gas company’s stock valued at $83,525,000 after acquiring an additional 37,666 shares in the last quarter. Charles Schwab Trust Co boosted its position in ExxonMobil by 392.9% during the second quarter. Charles Schwab Trust Co now owns 122,223 shares of the oil and gas company’s stock valued at $16,710,000 after purchasing an additional 97,424 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 valued at $126,166,000 after purchasing an additional 23,668 shares during the last quarter. Midwest Trust Co grew its stake in ExxonMobil by 3.9% in the first quarter. Midwest Trust Co now owns 710,969 shares of the oil and gas company’s stock valued at $120,623,000 after purchasing an additional 26,411 shares in the last quarter. Finally, King Luther Capital Management Corp grew its stake in ExxonMobil by 2.4% in the fourth 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 purchasing an additional 38,492 shares in the last quarter. 61.80% of the stock is currently owned by hedge funds and other institutional investors.

ExxonMobil Stock Down 0.0%

Shares of ExxonMobil stock opened at $159.76 on Thursday. ExxonMobil Corporation has a 12-month low of $105.67 and a 12-month high of $176.41. The company has a quick ratio of 0.85, a current ratio of 1.13 and a debt-to-equity ratio of 0.12. The stock has a 50 day moving average price of $146.67 and a two-hundred day moving average price of $150.21. The stock has a market capitalization of $662.20 billion, a P/E ratio of 20.56, a PEG ratio of 0.60 and a beta of 0.17.

ExxonMobil (NYSE:XOM) last released its quarterly earnings results on Friday, July 31st. The oil and gas company reported $3.52 EPS for the quarter, missing analysts’ consensus estimates of $3.56 by ($0.04). ExxonMobil had a net margin of 8.88% and a return on equity of 13.14%. 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 prior year, the business earned $1.64 EPS. Equities analysts expect that ExxonMobil Corporation will post 12.34 earnings per share for the current year.

ExxonMobil Dividend Announcement

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

Key Stories Impacting ExxonMobil

Here are the key news stories impacting ExxonMobil this week:

• Positive Sentiment: Renewed fears of oil-supply disruptions are supporting ExxonMobil because its record Permian Basin production gives it significant exposure to potentially higher crude prices. Exxon Stock Jumps 3.3% as Oil Supply Fears Return
• Positive Sentiment: ExxonMobil’s second-quarter results showed strong cash generation, including $14.5 billion of net income and $9.4 billion returned through dividends and repurchases. The company declared a quarterly dividend of $1.03 and is pursuing a large, multiyear buyback program, reinforcing its income and capital-return appeal. Will ExxonMobil’s Q2 Profit Surge and Massive Buybacks Reshape Its Capital Allocation Narrative?
• Positive Sentiment: Dividend-focused investors continue to view ExxonMobil as an attractive source of income. Despite a quarterly earnings shortfall, the company generated substantial cash flow, improving confidence in dividend sustainability. Exxon’s Profit Missed. So Why Is the Dividend Getting Stronger?
• Neutral Sentiment: Brokerages currently assign ExxonMobil a consensus “Hold” rating, suggesting analysts see a balanced risk-reward profile after the stock’s recent advance. ExxonMobil Receives Consensus Rating of Hold
• Negative Sentiment: Erste Group Bank trimmed its fiscal 2027 earnings estimate to $10.97 per share from $11.00, remaining below the broader consensus estimate of $12.34. The modest cut signals caution about future earnings growth. ExxonMobil Earnings Estimate Update
• Negative Sentiment: President Trump criticized ExxonMobil and Chevron for making “too much money” amid high fuel prices. Although no specific policy action was announced, the comments raise the risk of political scrutiny, windfall-tax proposals, or other pressure on major oil companies. ExxonMobil vs. Chevron: Trump Attacks the Oil Giants
• Negative Sentiment: Second-quarter adjusted earnings of $3.52 per share missed analyst expectations, keeping near-term concerns about operating performance in focus despite substantially higher year-over-year profits. Exxon’s Profit Missed

Analysts Set New Price Targets

A number of equities research analysts have recently weighed in on XOM shares. Mizuho cut their price target on ExxonMobil from $175.00 to $170.00 and set a “neutral” rating for the company in a research note on Thursday, July 9th. Royal Bank Of Canada reiterated a “sector perform” rating and set a $180.00 price target on shares of ExxonMobil in a report on Tuesday, May 5th. Bank of America downgraded ExxonMobil from a “buy” rating to a “neutral” rating and increased their price objective for the stock from $154.00 to $158.00 in a report on Tuesday, July 28th. HSBC set a $158.00 price objective on shares of ExxonMobil in a research report on Monday, August 3rd. Finally, Weiss Ratings upgraded shares of ExxonMobil from a “hold (c)” rating to a “buy (b-)” rating in a research note on Tuesday, August 4th. Ten equities research analysts have rated the stock with a Buy rating and thirteen have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, ExxonMobil presently has an average rating of “Hold” and an average target price of $163.29.

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.