IFP Advisors Inc Acquires 10,202 Shares of ExxonMobil Corporation $XOM

IFP Advisors Inc increased its holdings in ExxonMobil Corporation (NYSE:XOM) by 6.3% during the second quarter, HoldingsChannel.com reports. The institutional investor owned 171,296 shares of the oil and gas company’s stock after acquiring an additional 10,202 shares during the quarter. IFP Advisors Inc’s holdings in ExxonMobil were worth $23,420,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently added to or reduced their stakes in the business. Berbice Capital Management LLC purchased a new position in shares of ExxonMobil during the 4th quarter worth $26,000. E Fund Management Hong Kong Co. Ltd. increased its stake 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 in the last quarter. Aventus Investment Advisors Inc. purchased a new stake in shares of ExxonMobil in the 2nd quarter worth $27,000. Keewaydin Investments LLC bought a new position in ExxonMobil in the 4th quarter worth $33,000. Finally, Portus Wealth Advisors LLC purchased a new position in ExxonMobil during the first quarter valued at $36,000. 61.80% of the stock is currently owned by institutional investors.

Key ExxonMobil News

Here are the key news stories impacting ExxonMobil this week:

• Positive Sentiment: Debt tender offer signals active liability management: ExxonMobil’s wholly owned Pioneer Natural Resources subsidiary offered to purchase up to $2.1 billion of outstanding senior notes—$1.1 billion due in 2030 and $1 billion due in 2031. The move could reduce refinancing exposure and optimize debt costs, supporting investor confidence. The offers expire September 14. ExxonMobil cash tender offers
• Positive Sentiment: Analysts remain constructive: Piper Sandler sees ExxonMobil potentially reaching new highs after a roughly 30% 2026 rally, citing elevated oil prices and solid earnings. Other coverage points to higher oil prices, cost savings and lower debt as potential drivers of future profits. Piper Sandler ExxonMobil outlook
• Positive Sentiment: Papua LNG advances: ExxonMobil is set to become operator of the Papua LNG project after development costs were reduced to approximately $14 billion. Progress toward a final investment decision strengthens Exxon’s long-term production and LNG growth pipeline, though it will require substantial capital. Papua LNG cost reduction
• Neutral Sentiment: Dividend record supports the investment case: ExxonMobil has raised its dividend for 43 consecutive years, including during the 2020 downturn. The history reinforces its reputation for shareholder returns but does not represent a new payout increase. ExxonMobil dividend history
• Neutral Sentiment: Possible Venezuela opportunity remains speculative: Chevron’s expanded Venezuelan agreement could provide a model for ExxonMobil to re-enter the country, but management previously called the market “uninvestable.” Any benefit depends on sanctions, political stability and contract terms. ExxonMobil and Venezuela
• Negative Sentiment: Kashagan dispute is unresolved: Kazakhstan paused enforcement of a reported $5.06 billion environmental claim involving the Kashagan project, offering near-term relief. However, international arbitration continues, leaving a significant legal and financial overhang. ExxonMobil Kazakhstan dispute

ExxonMobil Price Performance

Shares of ExxonMobil stock opened at $160.76 on Wednesday. The company has a market capitalization of $666.36 billion, a price-to-earnings ratio of 20.69, a PEG ratio of 0.97 and a beta of 0.18. 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’s 50-day simple moving average is $153.93 and its 200-day simple moving average is $152.45. ExxonMobil Corporation has a 52 week low of $110.39 and a 52 week high of $176.41.

ExxonMobil (NYSE:XOM) last released its earnings results on Friday, July 31st. The oil and gas company reported $3.52 earnings per share (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 analysts’ expectations of $109.94 billion. ExxonMobil had a return on equity of 13.14% and a net margin of 8.88%.During the same quarter in the prior year, the business posted $1.64 EPS. As a group, analysts expect that ExxonMobil Corporation will post 11.98 earnings per share for the current fiscal year.

ExxonMobil Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, September 10th. Shareholders of record on Monday, August 17th will be paid 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 is presently 53.02%.

Analyst Ratings Changes

A number of brokerages have commented on XOM. Wall Street Zen upgraded ExxonMobil to a “hold” rating in a research report on Saturday. HSBC set a $158.00 price objective on ExxonMobil in a research note on Monday, August 3rd. Wells Fargo & Company reissued an “overweight” rating and issued a $182.00 target price on shares of ExxonMobil in a report on Monday, August 3rd. Barclays decreased their target price on shares of ExxonMobil from $182.00 to $177.00 and set an “overweight” rating on the stock in a research note on Monday, August 17th. Finally, Weiss Ratings upgraded shares of ExxonMobil from a “hold (c)” rating to a “buy (b-)” rating in a research report on Tuesday, August 4th. Ten analysts have rated the stock with a Buy rating and twelve have assigned a Hold rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $167.45.

About ExxonMobil

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.