Ascentis Independent Advisors Has $10.21 Million Stock Holdings in ExxonMobil Corporation $XOM

Posted by ABMN Staff on Jul 10th, 2026

Ascentis Independent Advisors lifted its holdings in shares of ExxonMobil Corporation (NYSE:XOM – Free Report) by 87.1% in the first quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 60,187 shares of the oil and gas company’s stock after buying an additional 28,015 shares during the period. ExxonMobil comprises about 0.8% of Ascentis Independent Advisors’ portfolio, making the stock its 17th biggest holding. Ascentis Independent Advisors’ holdings in ExxonMobil were worth $10,212,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also modified their holdings of the business. Impact Partnership Wealth LLC raised its stake in ExxonMobil by 0.6% during the first quarter. Impact Partnership Wealth LLC now owns 12,017 shares of the oil and gas company’s stock worth $2,039,000 after acquiring an additional 67 shares in the last quarter. Cardinal Strategic Wealth Guidance grew its holdings in shares of ExxonMobil by 1.9% during 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 purchasing an additional 68 shares during the last quarter. ICW Investment Advisors LLC grew its holdings in shares of ExxonMobil by 0.3% during the 4th quarter. ICW Investment Advisors LLC now owns 25,286 shares of the oil and gas company’s stock valued at $3,043,000 after purchasing an additional 69 shares during the last quarter. Swisher Financial Concepts Inc. increased its position in ExxonMobil by 0.3% during the 1st 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 in the last quarter. Finally, Fortis Capital Management LLC increased its position in ExxonMobil by 2.0% during the 4th quarter. Fortis Capital Management LLC now owns 3,603 shares of the oil and gas company’s stock worth $434,000 after purchasing an additional 70 shares in the last quarter. 61.80% of the stock is currently owned by institutional investors.

ExxonMobil Stock Down 2.7%

Shares of NYSE:XOM opened at $137.31 on Friday. ExxonMobil Corporation has a 1 year low of $105.53 and a 1 year high of $176.41. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.04 and a quick ratio of 0.77. The business’s 50-day moving average is $146.53 and its 200-day moving average is $145.43. The company has a market capitalization of $569.12 billion, a price-to-earnings ratio of 23.15, a P/E/G ratio of 0.61 and a beta of 0.17.

ExxonMobil (NYSE:XOM – Get Free Report) last released its earnings results on Friday, May 1st. The oil and gas company reported $1.16 EPS for the quarter, topping the consensus estimate of $0.98 by $0.18. The business had revenue of $83.16 billion during the quarter, compared to analysts’ expectations of $81.13 billion. ExxonMobil had a return on equity of 10.24% and a net margin of 7.57%.The firm’s revenue was up 2.4% on a year-over-year basis. During the same quarter last year, the firm posted $1.76 earnings per share. Equities research analysts predict that ExxonMobil Corporation will post 11.64 earnings per share for the current year.

ExxonMobil Announces Dividend

The business also recently disclosed 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. The ex-dividend date was Friday, May 15th. This represents a $4.12 annualized dividend and a dividend yield of 3.0%. ExxonMobil’s dividend payout ratio is currently 69.48%.

Key Headlines Impacting ExxonMobil

Here are the key news stories impacting ExxonMobil this week:

Positive Sentiment: Exxon signaled a stronger-than-expected Q2 earnings backdrop, with higher crude prices and improved refining/upstream margins expected to lift results. Strong Commodity Tailwinds Poised to Boost XOM’s Q2 Results
Positive Sentiment: The company updated Q2 earnings considerations, and multiple reports said the new outlook points to a potentially large profit windfall, with some estimates rising to around $5 billion in quarterly earnings lift. Exxon Mobil updates Q2 earnings considerations, cites impacts across key businesses
Positive Sentiment: ExxonMobil and partners committed about $1 billion to Nigeria’s Usan Infill Project, which could add roughly 40,000 barrels per day of production and strengthen future output growth. ExxonMobil to invest $1 billion in Nigeria’s oilfield, regulator says

Analysts Set New Price Targets

A number of analysts have weighed in on XOM shares. Wolfe Research lowered shares of ExxonMobil from an “outperform” rating to a “peer perform” rating in a research report on Tuesday, April 21st. HSBC raised their price objective on ExxonMobil from $135.00 to $158.00 and gave the company a “hold” rating in a report on Friday, March 20th. Zacks Research lowered ExxonMobil from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, May 26th. Jefferies Financial Group upped their price objective on ExxonMobil from $178.00 to $184.00 and gave the company a “buy” rating in a research note on Thursday, April 9th. Finally, Wells Fargo & Company lifted their target price on shares of ExxonMobil from $183.00 to $185.00 and gave the stock an “overweight” rating 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. According to data from MarketBeat, ExxonMobil has a consensus rating of “Moderate Buy” and a consensus price target of $164.45.

Get Our Latest Research Report on XOM

ExxonMobil Company 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.