Safeguard Investment Advisory Group LLC reduced its stake in ExxonMobil Corporation (NYSE:XOM – Free Report) by 65.8% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,850 shares of the oil and gas company’s stock after selling 5,472 shares during the period. Safeguard Investment Advisory Group LLC’s holdings in ExxonMobil were worth $390,000 at the end of the most recent reporting period.
Several other institutional investors and hedge funds have also recently modified their holdings of XOM. Round Rock Advisors LLC lifted its stake in ExxonMobil by 0.4% in the second quarter. Round Rock Advisors LLC now owns 31,771 shares of the oil and gas company’s stock worth $4,344,000 after acquiring an additional 111 shares during the period. InTrack Investment Management Inc boosted its stake in shares of ExxonMobil by 2.0% during the second quarter. InTrack Investment Management Inc now owns 7,217 shares of the oil and gas company’s stock valued at $987,000 after purchasing an additional 142 shares in the last quarter. Tranquilli Financial Advisor LLC increased its holdings in ExxonMobil by 3.5% during the second quarter. Tranquilli Financial Advisor LLC now owns 6,153 shares of the oil and gas company’s stock valued at $841,000 after buying an additional 210 shares during the period. Twin Lakes Capital Management LLC raised its stake in ExxonMobil by 0.7% in the second quarter. Twin Lakes Capital Management LLC now owns 39,450 shares of the oil and gas company’s stock worth $5,394,000 after buying an additional 267 shares in the last quarter. Finally, B. Metzler seel. Sohn & Co. AG raised its stake in ExxonMobil by 12.9% in the second quarter. B. Metzler seel. Sohn & Co. AG now owns 226,391 shares of the oil and gas company’s stock worth $30,952,000 after buying an additional 25,783 shares in the last quarter. Institutional investors own 61.80% of the company’s stock.
ExxonMobil Stock Down 0.2%
ExxonMobil stock opened at $164.25 on Thursday. ExxonMobil Corporation has a 1-year low of $108.35 and a 1-year high of $176.41. The business has a fifty day moving average price of $152.01 and a 200-day moving average price of $152.10. 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 $680.82 billion, a price-to-earnings ratio of 21.14, a PEG ratio of 1.01 and a beta of 0.18.
ExxonMobil Dividend Announcement
The business also recently disclosed a quarterly dividend, which will be paid on Thursday, September 10th. Investors of record on Monday, August 17th will be given a $1.03 dividend. This represents a $4.12 annualized dividend and a dividend yield of 2.5%. The ex-dividend date of this dividend is Monday, August 17th. ExxonMobil’s dividend payout ratio (DPR) is presently 53.02%.
Analyst Ratings Changes
XOM has been the topic of several recent research reports. Zacks Research cut ExxonMobil from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, May 26th. UBS Group set a $168.00 price objective on ExxonMobil in a research report on Friday, August 7th. Piper Sandler started coverage on ExxonMobil in a research note on Thursday, July 23rd. They issued a “neutral” rating and a $158.00 target price on the stock. Barclays reduced their target price on shares of ExxonMobil from $182.00 to $177.00 and set an “overweight” rating for the company in a report on Monday, August 17th. Finally, Bank of America cut shares of ExxonMobil from a “buy” rating to a “neutral” rating and raised their price target for the company from $154.00 to $158.00 in a report on Tuesday, July 28th. 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.com, the stock currently has an average rating of “Hold” and an average target price of $166.10.
Read Our Latest Stock Report on XOM
Key ExxonMobil News
Here are the key news stories impacting ExxonMobil this week:
- Positive Sentiment: Potential return to Venezuela could create a new growth opportunity. President Donald Trump said ExxonMobil is preparing to enter Venezuela, reversing the company’s nearly two-decade absence after its assets were nationalized in 2007. Access to Venezuela’s large oil reserves could expand XOM’s long-term production portfolio, although the company has not publicly confirmed a final investment. Trump Says Exxon Will Enter Venezuela as Oil Investment Ramps Up
- Positive Sentiment: U.S. involvement in Venezuela is improving the outlook for supermajors. The U.S. push to secure Venezuelan oil rights, alongside Middle East supply risks, could support investment, production growth and energy prices for companies such as ExxonMobil. Striking Oil: How the U.S. Play for Venezuela Fuels Supermajors
- Positive Sentiment: Exxon is reportedly bidding for Shell’s U.S. chemicals assets. A potential transaction of roughly $8 billion would deepen XOM’s chemicals presence across Louisiana, Texas and Pennsylvania and may add scale if purchased at an attractive valuation. How ExxonMobil’s Bid for Shell’s U.S. Chemicals Assets Could Reshape the XOM Investment Story
- Positive Sentiment: AI investments could improve efficiency. ExxonMobil is using artificial intelligence to reduce downtime, improve drilling and optimize asset performance, potentially supporting margins and execution over time. 4 Oil & Gas Majors Using AI to Boost Efficiency and Execution
- Neutral Sentiment: Management changes in Kazakhstan are unlikely to immediately affect valuation. ExxonMobil and TotalEnergies appointed new country leadership, maintaining focus on a strategically important production region. ExxonMobil and TotalEnergies Appoint New Heads for Kazakhstan
- Negative Sentiment: Venezuela carries significant political and execution risk. Some producers reportedly remain hesitant about investing because of uncertainty surrounding the U.S.-Venezuela arrangement and the role of local intermediaries. Trump’s Oil Deal With Venezuela Raises Red Flags
- Negative Sentiment: Political pressure to lower gasoline prices may weigh on margins. ExxonMobil was not included in President Trump’s meeting with oil executives, while refiners face pressure to expand capacity and reduce fuel prices—potentially conflicting with shareholder profit goals. Trump to Meet With Oil Executives on Lowering Gas Prices
ExxonMobil Company 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.
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