NS Partners Ltd Decreases Stock Holdings in ExxonMobil Corporation $XOM

NS Partners Ltd cut its holdings in shares of ExxonMobil Corporation (NYSE:XOM) by 6.5% in the 2nd quarter, HoldingsChannel reports. The firm owned 171,076 shares of the oil and gas company’s stock after selling 11,810 shares during the quarter. NS Partners Ltd’s holdings in ExxonMobil were worth $23,390,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also added to or reduced their stakes in XOM. Berbice Capital Management LLC purchased a new stake in shares of ExxonMobil during the 4th quarter worth approximately $26,000. E Fund Management Hong Kong Co. Ltd. increased its holdings in 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 last quarter. Aventus Investment Advisors Inc. bought a new stake in shares of ExxonMobil in the second quarter valued at approximately $27,000. Keewaydin Investments LLC purchased a new stake in shares of ExxonMobil during the 4th quarter valued at approximately $33,000. Finally, Portus Wealth Advisors LLC bought a new stake in ExxonMobil during the 1st quarter valued at $36,000. Hedge funds and other institutional investors own 61.80% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently weighed in on XOM shares. HSBC set a $158.00 price target on ExxonMobil in a research report on Monday, August 3rd. Mizuho lowered their price target on ExxonMobil from $175.00 to $170.00 and set a “neutral” rating on the stock in a research report on Thursday, July 9th. Wells Fargo & Company restated an “overweight” rating and issued a $182.00 price objective on shares of ExxonMobil in a report on Monday, August 3rd. Morgan Stanley increased their target price on ExxonMobil from $168.00 to $177.00 and gave the company an “overweight” rating in a report on Wednesday, August 19th. Finally, Bank of America downgraded shares of ExxonMobil from a “buy” rating to a “neutral” rating and increased their price target for the stock from $154.00 to $158.00 in a research note on Tuesday, July 28th. Ten research analysts have rated the stock with a Buy rating and twelve have given a Hold rating to the company. According to data from MarketBeat, ExxonMobil currently has a consensus rating of “Hold” and an average target price of $166.10.

Key Headlines Impacting ExxonMobil

Here are the key news stories impacting ExxonMobil this week:

• Positive Sentiment: Higher oil prices supported the stock. Renewed U.S.-Iran military strikes and continued shipping constraints in the Strait of Hormuz pushed WTI crude toward $86 and Brent above $90, improving the earnings outlook for major oil producers such as ExxonMobil. Chevron and Exxon Mobil Rise as U.S. Strikes on Iran Push Oil Prices Higher
• Positive Sentiment: Venezuela could become a new growth avenue. President Donald Trump said ExxonMobil is among the companies preparing to enter Venezuela’s oil sector. A potential return after Exxon exited following Venezuela’s 2007 nationalization could provide access to substantial reserves and long-term production opportunities, although the company has not confirmed a final investment. Trump Says Exxon Is Going Into Venezuela
• Positive Sentiment: Production momentum remains a bright spot. ExxonMobil’s second-quarter results included record production and approximately $116 billion in revenue, exceeding revenue expectations. Year-over-year EPS growth also highlighted the benefit of stronger operations and commodity prices. What XOM’s Q2 Earnings Say About Production Growth and Market Risk
• Neutral Sentiment: Exxon is reportedly bidding for Shell’s U.S. chemicals assets. A transaction potentially valued near $8 billion could expand ExxonMobil’s chemicals footprint, but the purchase price, financing and integration risks could affect shareholder returns. ExxonMobil’s Bid for Shell’s U.S. Chemicals Assets
• Negative Sentiment: Storm preparations create near-term operating risk. ExxonMobil and Motiva are preparing East Texas refineries for high winds and possible flooding from a tropical storm, raising the possibility of temporary disruptions or additional costs. Motiva and Exxon Prepare Refineries for Storm
• Negative Sentiment: Erste Group Bank lowered its fiscal 2027 EPS forecast, while analysts continue to flag ExxonMobil’s commodity-price cyclicality and cost pressures. The latest quarter also narrowly missed consensus EPS estimates despite beating on revenue.

ExxonMobil Trading Up 2.7%

Shares of XOM stock opened at $160.93 on Tuesday. The company has a debt-to-equity ratio of 0.12, a quick ratio of 0.85 and a current ratio of 1.13. The stock has a fifty day simple moving average of $150.98 and a two-hundred day simple moving average of $151.94. The firm has a market capitalization of $667.05 billion, a PE ratio of 20.71, a PEG ratio of 0.62 and a beta of 0.17. ExxonMobil Corporation has a 52-week low of $108.35 and a 52-week high of $176.41.

ExxonMobil (NYSE:XOM) last released its quarterly earnings data on Friday, July 31st. The oil and gas company reported $3.52 earnings per share for the quarter, missing analysts’ consensus estimates of $3.56 by ($0.04). ExxonMobil had a return on equity of 13.14% and a net margin of 8.88%.The business had revenue of $114.53 billion during the quarter, compared to the consensus estimate of $109.94 billion. During the same period last year, the company earned $1.64 EPS. On average, analysts predict that ExxonMobil Corporation will post 11.86 EPS for the current fiscal year.

ExxonMobil Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, September 10th. Stockholders of record on Monday, August 17th will be given a dividend of $1.03 per share. This represents a $4.12 dividend on an annualized basis and a dividend yield of 2.6%. The ex-dividend date is Monday, August 17th. ExxonMobil’s dividend payout ratio is currently 53.02%.

ExxonMobil 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.