ExxonMobil Corporation $XOM Position Increased by Elevation Point Wealth Partners LLC

Posted by Brian Himes on Aug 23rd, 2026

Elevation Point Wealth Partners LLC boosted its stake in shares of ExxonMobil Corporation (NYSE:XOM – Free Report) by 1.1% in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 392,100 shares of the oil and gas company’s stock after purchasing an additional 4,210 shares during the quarter. ExxonMobil makes up approximately 1.0% of Elevation Point Wealth Partners LLC’s holdings, making the stock its 21st largest position. Elevation Point Wealth Partners LLC’s holdings in ExxonMobil were worth $53,608,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. Berbice Capital Management LLC acquired a new position in shares of ExxonMobil during the fourth quarter valued at $26,000. Midwest Capital Advisors LLC bought a new position in shares of ExxonMobil during the fourth quarter worth about $27,000. E Fund Management Hong Kong Co. Ltd. increased its holdings 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 acquiring an additional 187 shares during the period. Aventus Investment Advisors Inc. bought a new stake in ExxonMobil in the 2nd quarter valued at about $27,000. Finally, Nvest Wealth Strategies Inc. bought a new stake in ExxonMobil in the 4th quarter valued at about $32,000. 61.80% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several research analysts have commented on XOM shares. Mizuho decreased their target price on shares of ExxonMobil from $175.00 to $170.00 and set a “neutral” rating for the company in a research report on Thursday, July 9th. TD Cowen lifted their price target on ExxonMobil from $155.00 to $168.00 and gave the company a “buy” rating in a report on Friday, August 7th. Zacks Research downgraded ExxonMobil from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, May 26th. HSBC set a $158.00 price objective on ExxonMobil in a report on Monday, August 3rd. Finally, Royal Bank Of Canada restated a “sector perform” rating and issued a $180.00 target price on shares of ExxonMobil in a research report on Tuesday, May 5th. Ten analysts have rated the stock with a Buy rating and twelve have given a Hold rating to the company. According to data from MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $166.10.

Get Our Latest Report on XOM

ExxonMobil Trading Down 0.6%

ExxonMobil stock opened at $165.18 on Friday. ExxonMobil Corporation has a 12-month low of $108.35 and a 12-month high of $176.41. The company has a debt-to-equity ratio of 0.12, a current ratio of 1.13 and a quick ratio of 0.85. The stock has a market capitalization of $684.66 billion, a PE ratio of 21.26, a price-to-earnings-growth ratio of 0.65 and a beta of 0.17. The firm has a 50 day simple moving average of $148.58 and a 200-day simple moving average of $151.38.

ExxonMobil (NYSE:XOM – Get Free Report) last announced its earnings results 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). The firm had revenue of $114.53 billion for the quarter, compared to the consensus estimate of $109.94 billion. ExxonMobil had a return on equity of 13.14% and a net margin of 8.88%.During the same period in the previous year, the firm earned $1.64 EPS. As a group, equities research analysts expect that ExxonMobil Corporation will post 11.86 EPS for the current fiscal 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 paid a $1.03 dividend. This represents a $4.12 dividend on an annualized basis and a dividend yield of 2.5%. The ex-dividend date of this dividend is Monday, August 17th. ExxonMobil’s payout ratio is currently 53.02%.

Key Headlines Impacting ExxonMobil

Here are the key news stories impacting ExxonMobil this week:

Positive Sentiment: Rising oil prices are the clearest near-term catalyst. Brent crude recently moved above $93–$95 per barrel amid Strait of Hormuz disruption, geopolitical tensions and declining Russian exports, improving the outlook for ExxonMobil’s upstream cash flow and shareholder returns. Exxon Jumps 2% as Brent Crude Breaks Above $93
Positive Sentiment: Analysts continue to point to ExxonMobil’s advantaged Guyana and Permian production, cost savings and expected volume growth as supports for earnings and free cash flow. These low-cost assets should provide particularly strong operating leverage if oil remains above $80. Cost Savings and Production Growth Strengthen ExxonMobil’s Outlook
Positive Sentiment: A 20-year infrastructure agreement with Targa Resources across the Permian’s Delaware and Midland basins should improve long-term processing and takeaway capacity for ExxonMobil, helping support production growth through 2046. Targa Resources Secures 20-Year Deal With ExxonMobil
Positive Sentiment: ExxonMobil is advancing growth projects, including a Nigerian deepwater campaign expected to add up to 40,000 barrels per day at the Usan field and contractor work for Rovuma LNG pipelines. Successful execution could diversify and expand future production.
Neutral Sentiment: ExxonMobil is being highlighted as a long-term momentum and dividend investment, reflecting its scale, cash-return capacity and recent energy-sector strength. These are supportive investor themes but do not represent new company-specific developments. Why Exxon Mobil Holdings Is a Top Momentum Stock
Negative Sentiment: A German regulator reportedly found a carbon-credit project backed by an ExxonMobil unit suspicious, creating reputational and potential regulatory risk for the company’s lower-carbon initiatives. ExxonMobil-Backed Carbon Credits Project Found Suspicious
Negative Sentiment: ExxonMobil has warned that Kazakhstan’s leading oil field could reach peak production within several years, highlighting depletion and geopolitical risks that may weigh on longer-term growth.

ExxonMobil Profile

(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.