DV Trading LLC lowered its stake in shares of ExxonMobil Corporation (NYSE:XOM – Free Report) by 48.7% during the first quarter, Holdings Channel.com reports. The firm owned 9,733 shares of the oil and gas company’s stock after selling 9,249 shares during the quarter. DV Trading LLC’s holdings in ExxonMobil were worth $1,651,000 as of its most recent SEC filing.
Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Parallel Advisors LLC raised its holdings in ExxonMobil by 9.5% in the first quarter. Parallel Advisors LLC now owns 84,848 shares of the oil and gas company’s stock worth $14,395,000 after purchasing an additional 7,392 shares in the last quarter. Blue Edge Capital LLC boosted its holdings in shares of ExxonMobil by 10.8% in the 1st quarter. Blue Edge Capital LLC now owns 46,079 shares of the oil and gas company’s stock valued at $7,818,000 after buying an additional 4,475 shares in the last quarter. First Nebraska Trust Co bought a new stake in shares of ExxonMobil in the 1st quarter valued at about $8,896,000. Foguth Wealth Management LLC. grew its position in shares of ExxonMobil by 4.1% in the 1st quarter. Foguth Wealth Management LLC. now owns 2,185 shares of the oil and gas company’s stock worth $371,000 after buying an additional 87 shares during the last quarter. Finally, Financial Solutions Advisory Group Inc. purchased a new position in shares of ExxonMobil in the 1st quarter worth approximately $1,747,000. Hedge funds and other institutional investors own 61.80% of the company’s stock.
ExxonMobil News Roundup
Here are the key news stories impacting ExxonMobil this week:
- Positive Sentiment: ExxonMobil reported second-quarter adjusted earnings of $3.52 per share and net income of $14.53 billion, its strongest quarterly profit in four years. Earnings more than doubled from $1.64 per share a year earlier, supported by higher crude prices and improved refining margins amid Middle East tensions. ExxonMobil quarterly profit hits four-year high but misses analyst estimates
- Positive Sentiment: Revenue reached approximately $114.5 billion, exceeding analysts’ expectations, while operating cash flow was reported at $23.6 billion and free cash flow at $17.2 billion. ExxonMobil also returned about $9.4 billion to shareholders, supporting the investment case for dividends and buybacks. ExxonMobil Announces Second-Quarter 2026 Results
- Positive Sentiment: Record Permian Basin production and progress in Guyana provide longer-term growth support. ExxonMobil said its Guyana-led venture has recovered its initial development costs, allowing future oil revenues to generate greater profits and cash flow. Guyana set for bigger oil profits as ExxonMobil recoups initial costs
- Neutral Sentiment: ExxonMobil continues to view the Middle East as a long-term growth opportunity, despite the Iran conflict temporarily taking roughly 500,000 barrels per day of production offline. Higher prices have partly offset the volume disruption, but the conflict increases operating and geopolitical risk. Exxon Is Bullish on Mideast Despite Half-Million-Barrel War Hit
- Negative Sentiment: Adjusted EPS of $3.52 missed the $3.56 consensus estimate, while other reports cited a wider miss against a $3.68 forecast. Scheduled refinery maintenance and repairs limited fuel-making profits, making Exxon’s results less impressive than Chevron’s earnings beat. ExxonMobil Q2 2026 earnings miss on refinery maintenance
Wall Street Analysts Forecast Growth
Read Our Latest Analysis on ExxonMobil
ExxonMobil Stock Down 0.8%
NYSE:XOM opened at $155.65 on Friday. The company’s 50 day moving average is $145.66 and its two-hundred day moving average is $148.60. The company has a market cap of $645.16 billion, a PE ratio of 20.03, a P/E/G ratio of 0.64 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 1.04, a quick ratio of 0.77 and a debt-to-equity ratio of 0.13.
ExxonMobil (NYSE:XOM – Get Free Report) last posted its quarterly earnings data 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). ExxonMobil had a return on equity of 10.24% and a net margin of 7.57%.The company had revenue of $114.53 billion for the quarter, compared to analyst estimates of $109.94 billion. During the same quarter in the previous year, the firm posted $1.64 earnings per share. Analysts anticipate that ExxonMobil Corporation will post 11.36 EPS for the current year.
ExxonMobil Announces Dividend
The company also recently disclosed 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 dividend on an annualized basis and a dividend yield of 2.6%. ExxonMobil’s dividend payout ratio is currently 69.48%.
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.
Read More
- Five stocks we like better than ExxonMobil
- Popular’s Earnings Beat Shows Why This Bank Stock Keeps Climbing
- ABB’s Rotork Deal Could Put These Flow Control Stocks Back in Focus
- GE HealthCare Stock Climbs on Vital Diagnostics Demand
- Lost in Space: Why Aerospace Valuations Are Plummeting Right Now
Want to see what other hedge funds are holding XOM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for ExxonMobil Corporation (NYSE:XOM – Free Report).
Receive News & Ratings for ExxonMobil Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ExxonMobil and related companies with MarketBeat.com's FREE daily email newsletter.
