Mirabaud & Cie SA Reduces Position in ExxonMobil Corporation $XOM

Mirabaud & Cie SA reduced its holdings in ExxonMobil Corporation (NYSE:XOM) by 14.7% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 24,493 shares of the oil and gas company’s stock after selling 4,215 shares during the period. ExxonMobil makes up 1.3% of Mirabaud & Cie SA’s holdings, making the stock its 16th biggest position. Mirabaud & Cie SA’s holdings in ExxonMobil were worth $3,349,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of XOM. Berbice Capital Management LLC acquired a new stake in ExxonMobil in the 4th quarter valued at about $26,000. Midwest Capital Advisors LLC acquired a new position in shares of ExxonMobil during the 4th quarter worth approximately $27,000. E Fund Management Hong Kong Co. Ltd. grew its position in shares of ExxonMobil by 456.1% in the fourth quarter. E Fund Management Hong Kong Co. Ltd. now owns 228 shares of the oil and gas company’s stock valued at $27,000 after purchasing an additional 187 shares in the last quarter. Key Capital Management INC acquired a new stake in shares of ExxonMobil in the fourth quarter valued at approximately $28,000. Finally, Nvest Wealth Strategies Inc. purchased a new position in ExxonMobil during the fourth quarter worth approximately $32,000. 61.80% of the stock is currently owned by institutional investors and hedge funds.

ExxonMobil Stock Performance

Shares of XOM stock opened at $154.61 on Friday. The stock’s 50-day moving average price is $145.97 and its 200 day moving average price is $149.48. ExxonMobil Corporation has a 52-week low of $105.53 and a 52-week high of $176.41. 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 has a market capitalization of $640.84 billion, a PE ratio of 19.90, a price-to-earnings-growth ratio of 0.60 and a beta of 0.17.

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). ExxonMobil had a return on equity of 13.14% and a net margin of 8.88%.The business had revenue of $114.53 billion for the quarter, compared to analyst estimates of $109.94 billion. During the same quarter in the previous year, the firm posted $1.64 EPS. As a group, equities research analysts forecast that ExxonMobil Corporation will post 11.72 EPS for the current year.

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 dividend of $1.03 per share. This represents a $4.12 dividend on an annualized basis and a yield of 2.7%. The ex-dividend date is Monday, August 17th. ExxonMobil’s dividend payout ratio (DPR) is currently 53.02%.

Analyst Upgrades and Downgrades

A number of equities analysts have weighed in on the company. HSBC set a $158.00 price objective on ExxonMobil in a research note on Monday. Bank of America cut shares of ExxonMobil from a “buy” rating to a “neutral” rating and raised their price objective for the stock from $154.00 to $158.00 in a research report on Tuesday, July 28th. Mizuho decreased their target price on shares of ExxonMobil from $175.00 to $170.00 and set a “neutral” rating on the stock in a report on Thursday, July 9th. Royal Bank Of Canada reissued a “sector perform” rating and set a $180.00 target price on shares of ExxonMobil in a research note on Tuesday, May 5th. Finally, Piper Sandler initiated coverage on shares of ExxonMobil in a research report on Thursday, July 23rd. They set a “neutral” rating and a $158.00 price target for the company. Ten equities research analysts have rated the stock with a Buy rating and thirteen have assigned a Hold rating to the company. According to MarketBeat, ExxonMobil currently has an average rating of “Hold” and an average target price of $162.95.

ExxonMobil News Summary

Here are the key news stories impacting ExxonMobil this week:

• Positive Sentiment: ExxonMobil awarded McDermott a letter of intent covering limited engineering and procurement work for the Rovuma LNG Phase 1 midstream project in Mozambique. The development supports ExxonMobil’s long-term LNG growth strategy, although the award is not yet a final construction contract. ExxonMobil in Mozambique Awards McDermott Letter of Intent for Rovuma LNG Project
• Positive Sentiment: ExxonMobil is reportedly linking a potential $80 billion investment to expand Kazakhstan’s Kashagan oil field to a resolution of the government’s long-running dispute with international oil companies. A successful agreement could create a significant future production opportunity for XOM, though the investment remains conditional. Exxon Links New $80 Billion Kazakh Oil Venture to Ending Dispute
• Positive Sentiment: Industry coverage points to elevated oil prices and record refining margins, helped by Middle East supply disruptions and tighter global fuel markets. These conditions support ExxonMobil’s upstream and downstream earnings outlook. Middle East War Triggers New Global Refining Boom
• Positive Sentiment: Analyst commentary highlights strong production, higher oil prices, a solid balance sheet and potential undervaluation following second-quarter results. ExxonMobil also selected Sercel’s Marlin software for its Whiptail development in Guyana, supporting project execution. The Zacks Analyst Blog Highlights ExxonMobil, Chevron and BP
• Neutral Sentiment: ExxonMobil received a rating upgrade from “strong sell” to “hold,” while another analyst lowered its rating. The mixed analyst signals suggest valuation and near-term earnings concerns remain despite the company’s longer-term strengths. ExxonMobil Stock Rating Lowered by DZ Bank
• Negative Sentiment: ExxonMobil narrowly missed quarterly EPS expectations, and President Trump has pressured Exxon and other oil companies to lower gasoline prices after strong profits. Political scrutiny could weigh on margins or shareholder returns if it leads to policy intervention. President Trump Pressures Exxon and Chevron to Lower Gas Prices

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.