Summerhill Capital Management lnc. Invests $1.04 Million in ExxonMobil Corporation $XOM

Posted by Brenda Bartman on Jul 1st, 2026

Summerhill Capital Management lnc. acquired a new stake in ExxonMobil Corporation (NYSE:XOM – Free Report) in the 1st quarter, HoldingsChannel.com reports. The institutional investor acquired 6,131 shares of the oil and gas company’s stock, valued at approximately $1,040,000. ExxonMobil makes up about 0.9% of Summerhill Capital Management lnc.’s holdings, making the stock its 20th largest position.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Cardinal Strategic Wealth Guidance increased its holdings in shares of ExxonMobil by 1.9% in the 1st quarter. Cardinal Strategic Wealth Guidance now owns 3,720 shares of the oil and gas company’s stock valued at $631,000 after acquiring an additional 68 shares during the last quarter. ICW Investment Advisors LLC lifted its stake in ExxonMobil by 0.3% during the fourth quarter. ICW Investment Advisors LLC now owns 25,286 shares of the oil and gas company’s stock worth $3,043,000 after purchasing an additional 69 shares during the last quarter. Swisher Financial Concepts Inc. boosted its holdings in ExxonMobil by 0.3% in the first quarter. Swisher Financial Concepts Inc. now owns 27,402 shares of the oil and gas company’s stock worth $4,649,000 after purchasing an additional 69 shares during the period. Fortis Capital Management LLC increased its stake in ExxonMobil by 2.0% during the fourth quarter. Fortis Capital Management LLC now owns 3,603 shares of the oil and gas company’s stock valued at $434,000 after purchasing an additional 70 shares during the last quarter. Finally, Peoples Bank OH increased its stake in ExxonMobil by 0.5% during the fourth quarter. Peoples Bank OH now owns 14,993 shares of the oil and gas company’s stock valued at $1,804,000 after purchasing an additional 71 shares during the last quarter. Institutional investors and hedge funds own 61.80% of the company’s stock.

Analyst Ratings Changes

A number of research firms have recently issued reports on XOM. Barclays raised their price target on shares of ExxonMobil from $163.00 to $182.00 and gave the stock an “overweight” rating in a research report on Tuesday, May 26th. Bank of America upgraded shares of ExxonMobil from a “neutral” rating to a “buy” rating and set a $154.00 price objective on the stock in a research note on Tuesday, June 16th. Mizuho raised their target price on shares of ExxonMobil from $159.00 to $175.00 and gave the stock a “neutral” rating in a report on Wednesday, May 27th. HSBC lifted their target price on ExxonMobil from $135.00 to $158.00 and gave the company a “hold” rating in a research note on Friday, March 20th. Finally, Piper Sandler dropped their price target on ExxonMobil from $186.00 to $182.00 and set an “overweight” rating on the stock in a research report on Thursday, April 9th. Eleven analysts have rated the stock with a Buy rating and ten have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $165.55.

Check Out Our Latest Stock Report on XOM

More ExxonMobil News

Here are the key news stories impacting ExxonMobil this week:

Positive Sentiment: ExxonMobil was highlighted by analysts as a strong integrated energy name, with commentary pointing to solid oil prices, a resilient business model, and attractive valuation metrics such as a low PEG ratio and reasonable P/E multiple. Article Title
Positive Sentiment: A Seeking Alpha piece reiterated a Buy rating and $170 price target, citing strong profitability, robust cash flow, disciplined spending, and resilient first-quarter execution. Article Title
Positive Sentiment: ExxonMobil and QatarEnergy said Cyprus gas resources are now marketable, with potential production starting by 2033, reinforcing the company’s long-term exploration upside in the eastern Mediterranean. Article Title
Neutral Sentiment: Morgan Stanley trimmed its price target slightly to $168 from $171 but kept an Overweight rating, suggesting the research tone remains constructive despite a modest valuation reset. Article Title
Negative Sentiment: One market note suggested Chevron may have moved faster than ExxonMobil on a major opportunity, hinting at competitive pressure in a key growth area. Article Title

ExxonMobil Stock Up 0.3%

ExxonMobil stock opened at $136.48 on Wednesday. The company has a 50-day simple moving average of $148.08 and a 200-day simple moving average of $144.40. The firm has a market capitalization of $565.70 billion, a P/E ratio of 23.02, a P/E/G ratio of 0.59 and a beta of 0.16. 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 one year low of $105.53 and a one year high of $176.41.

ExxonMobil (NYSE:XOM – Get Free Report) last issued its quarterly earnings data on Friday, May 1st. The oil and gas company reported $1.16 earnings per share for the quarter, beating the consensus estimate of $0.98 by $0.18. The firm had revenue of $83.16 billion for the quarter, compared to the consensus estimate of $81.13 billion. ExxonMobil had a net margin of 7.57% and a return on equity of 10.24%. ExxonMobil’s quarterly revenue was up 2.4% compared to the same quarter last year. During the same period last year, the firm posted $1.76 EPS. As a group, equities analysts expect that ExxonMobil Corporation will post 11.66 earnings per share for the current year.

ExxonMobil Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, June 10th. Stockholders of record on Friday, May 15th were issued a dividend of $1.03 per share. This represents a $4.12 dividend on an annualized basis and a dividend yield of 3.0%. The ex-dividend date of this dividend was Friday, May 15th. ExxonMobil’s payout ratio is 69.48%.

About ExxonMobil

(Free Report)

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.