FinArc Investments Inc. Acquires New Stake in ExxonMobil Corporation $XOM

FinArc Investments Inc. bought a new position in shares of ExxonMobil Corporation (NYSE:XOM) during the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor bought 4,719 shares of the oil and gas company’s stock, valued at approximately $801,000.

A number of other hedge funds and other institutional investors also recently bought and sold shares of XOM. Eagle Capital Management LLC lifted its position in shares of ExxonMobil by 15.3% during the first quarter. Eagle Capital Management LLC now owns 2,836 shares of the oil and gas company’s stock worth $337,000 after purchasing an additional 376 shares in the last quarter. Caxton Associates LLP acquired a new position in shares of ExxonMobil in the first quarter valued at approximately $305,000. Sivia Capital Partners LLC increased its stake in ExxonMobil by 1.9% during the 2nd quarter. Sivia Capital Partners LLC now owns 11,237 shares of the oil and gas company’s stock worth $1,211,000 after buying an additional 207 shares during the period. United Bank increased its stake in ExxonMobil by 2.8% during the 2nd quarter. United Bank now owns 21,821 shares of the oil and gas company’s stock worth $2,352,000 after buying an additional 600 shares during the period. Finally, Schnieders Capital Management LLC. lifted its holdings in ExxonMobil by 17.4% during the 2nd quarter. Schnieders Capital Management LLC. now owns 36,710 shares of the oil and gas company’s stock worth $3,957,000 after buying an additional 5,443 shares in the last quarter. 61.80% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several equities analysts have commented on the stock. TD Cowen dropped their price target on shares of ExxonMobil from $172.00 to $155.00 and set a “buy” rating for the company in a research note on Thursday, July 2nd. Wolfe Research cut ExxonMobil from an “outperform” rating to a “peer perform” rating in a research note on Tuesday, April 21st. BNP Paribas Exane set a $165.00 target price on ExxonMobil and gave the company a “neutral” rating in a report on Friday, April 17th. Wells Fargo & Company boosted their target price on ExxonMobil from $183.00 to $185.00 and gave the stock an “overweight” rating in a research note on Thursday, April 9th. Finally, Sanford C. Bernstein cut their price target on ExxonMobil from $195.00 to $182.00 and set an “outperform” rating on the stock in a report on Monday, May 11th. One research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and twelve have given a Hold rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $163.45.

ExxonMobil Price Performance

Shares of NYSE XOM opened at $157.08 on Friday. The company has a debt-to-equity ratio of 0.13, a quick ratio of 0.77 and a current ratio of 1.04. ExxonMobil Corporation has a fifty-two week low of $105.53 and a fifty-two week high of $176.41. The firm has a market capitalization of $651.09 billion, a PE ratio of 26.49, a price-to-earnings-growth ratio of 0.64 and a beta of 0.17. The stock’s 50-day simple moving average is $145.65 and its 200-day simple moving average is $148.55.

ExxonMobil (NYSE:XOM) last announced its quarterly earnings results on Friday, May 1st. The oil and gas company reported $1.16 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.98 by $0.18. The firm had revenue of $83.16 billion during the quarter, compared to the consensus estimate of $81.13 billion. ExxonMobil had a return on equity of 10.24% and a net margin of 7.57%.The firm’s quarterly revenue was up 2.4% compared to the same quarter last year. During the same period in the prior year, the company posted $1.76 earnings per share. As a group, equities research analysts forecast that ExxonMobil Corporation will post 11.39 EPS for the current fiscal year.

ExxonMobil News Summary

Here are the key news stories impacting ExxonMobil this week:

• Positive Sentiment: Escalating Middle East tensions and reduced expectations that the Strait of Hormuz will reopen pushed oil prices higher, supporting ExxonMobil’s upstream earnings outlook. Oil Prices Jump After U.S. and Iran Strikes Hit Hormuz Hopes
• Positive Sentiment: ExxonMobil is expected to report its strongest earnings and free cash flow since 2022. Investors are watching whether the company uses the cash windfall for dividends, share repurchases, debt reduction, or growth investments. Exxon Earnings Will Show What It Plans to Do With Its Cash Windfall
• Positive Sentiment: Erste Group Bank modestly raised its ExxonMobil EPS forecasts to $11.04 for fiscal 2026 and $11.00 for fiscal 2027, signaling slightly improved expectations, although both remain below the broader consensus for the current year. ExxonMobil earnings estimate revisions
• Positive Sentiment: A new carbon-capture and storage project with Williams in Louisiana could support ExxonMobil’s low-carbon business and strengthen its role in natural-gas processing infrastructure. ExxonMobil agrees to new CCS project with Williams
• Neutral Sentiment: ExxonMobil is scheduled to release second-quarter results before the market opens on July 31. Analysts cited by Benzinga expect approximately $3.68 in EPS and $97.66 billion in revenue, making the report a major near-term catalyst. How to Earn $500 a Month From Exxon Mobil Stock Ahead of Q2 Earnings
• Negative Sentiment: ExxonMobil and Chevron reportedly face hurdles in trying to expand access to Venezuelan oil, limiting a potential source of future production growth. Market Chatter: Exxon, Chevron Face Hurdles Trying to Tap Into Venezuelan Oil
• Negative Sentiment: Bank of America downgraded ExxonMobil and said the stock offers limited additional upside. That valuation concern could weigh on shares if earnings or management’s capital-allocation plans disappoint. Exxon Mobil Seen Offering Limited Upside, BofA Says

About ExxonMobil

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.