Clifford Swan Investment Counsel LLC Sells 6,228 Shares of ExxonMobil Corporation $XOM

Clifford Swan Investment Counsel LLC reduced its stake in ExxonMobil Corporation (NYSE:XOM) by 2.1% during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 289,161 shares of the oil and gas company’s stock after selling 6,228 shares during the period. ExxonMobil makes up 1.7% of Clifford Swan Investment Counsel LLC’s portfolio, making the stock its 11th biggest position. Clifford Swan Investment Counsel LLC’s holdings in ExxonMobil were worth $49,059,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently modified their holdings of XOM. Bank of America Corp DE grew its position in ExxonMobil by 2.0% during the 4th quarter. Bank of America Corp DE now owns 75,152,366 shares of the oil and gas company’s stock valued at $9,043,836,000 after purchasing an additional 1,457,560 shares during the last quarter. Norges Bank purchased a new position in ExxonMobil in the fourth quarter worth about $7,625,063,000. Bank of New York Mellon Corp lifted its stake in shares of ExxonMobil by 1.2% in the fourth quarter. Bank of New York Mellon Corp now owns 46,605,353 shares of the oil and gas company’s stock worth $5,608,488,000 after buying an additional 531,362 shares in the last quarter. Northern Trust Corp lifted its stake in shares of ExxonMobil by 1.0% in the third quarter. Northern Trust Corp now owns 44,026,019 shares of the oil and gas company’s stock worth $4,963,934,000 after buying an additional 445,283 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. grew its holdings in shares of ExxonMobil by 0.9% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 34,090,589 shares of the oil and gas company’s stock valued at $4,102,708,000 after buying an additional 293,446 shares during the last quarter. Hedge funds and other institutional investors own 61.80% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts recently weighed in on XOM shares. TD Cowen decreased their price objective on shares of ExxonMobil from $172.00 to $155.00 and set a “buy” rating for the company in a report on Thursday, July 2nd. Mizuho cut their target price on ExxonMobil from $175.00 to $170.00 and set a “neutral” rating on the stock in a research note on Thursday, July 9th. Weiss Ratings lowered ExxonMobil from a “hold (c+)” rating to a “hold (c)” rating in a report on Thursday, May 21st. Wolfe Research cut ExxonMobil from an “outperform” rating to a “peer perform” rating in a research note on Tuesday, April 21st. Finally, Bank of America raised ExxonMobil from a “neutral” rating to a “buy” rating and set a $154.00 price target on the stock in a report on Tuesday, June 16th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and ten have issued a Hold rating to the stock. Based on data from MarketBeat.com, ExxonMobil presently has an average rating of “Moderate Buy” and a consensus price target of $164.45.

ExxonMobil Stock Up 2.1%

XOM opened at $151.53 on Wednesday. The stock has a market capitalization of $628.10 billion, a price-to-earnings ratio of 25.55, a PEG ratio of 0.61 and a beta of 0.17. The firm has a 50 day moving average price of $145.78 and a 200-day moving average price of $146.90. ExxonMobil Corporation has a twelve month low of $105.53 and a twelve month high of $176.41. The company has a quick ratio of 0.77, a current ratio of 1.04 and a debt-to-equity ratio of 0.13.

ExxonMobil (NYSE:XOM) last issued its earnings results on Friday, May 1st. The oil and gas company reported $1.16 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.98 by $0.18. ExxonMobil had a net margin of 7.57% and a return on equity of 10.24%. The company had revenue of $83.16 billion for the quarter, compared to analysts’ expectations of $81.13 billion. During the same quarter last year, the company posted $1.76 earnings per share. The firm’s quarterly revenue was up 2.4% on a year-over-year basis. Equities research analysts forecast that ExxonMobil Corporation will post 11.38 earnings per share for the current year.

ExxonMobil Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, June 10th. Stockholders of record on Friday, May 15th were paid a $1.03 dividend. This represents a $4.12 dividend on an annualized basis and a dividend yield of 2.7%. The ex-dividend date was Friday, May 15th. ExxonMobil’s dividend payout ratio (DPR) is 69.48%.

Key ExxonMobil News

Here are the key news stories impacting ExxonMobil this week:

• Positive Sentiment: ExxonMobil is scheduled to report second-quarter 2026 results on July 31, keeping investor attention on potential earnings and guidance updates. The report could reinforce the company’s cash-flow strength and dividend support. ExxonMobil to Release Second Quarter 2026 Financial Results
• Positive Sentiment: Recent commentary has highlighted ExxonMobil as one of the energy names positioned to benefit from rising energy demand and stronger oil market conditions, which can improve upstream earnings and free cash flow. These 3 Energy Stocks Could Outpace the Market in the Next 12 Months
• Positive Sentiment: Oil-linked funds and stock coverage have pointed to a sharp Brent crude rebound, which generally supports integrated oil companies like ExxonMobil by improving realizations and sentiment across the sector. This ‘Cash Cow’ ETF’s Energy Bet Just Paid Off as Brent Spiked 14% in Five Days
• Positive Sentiment: Analyst and media coverage continues to feature ExxonMobil’s energy portfolio favorably, suggesting Wall Street remains constructive on the company’s long-term fundamentals. The Zacks Analyst Blog Highlights Apple, JPMorgan Chase, ExxonMobil, Smith-Midland and Coffee Holding
• Neutral Sentiment: Several market recap items noted that ExxonMobil outperformed the broader market in the latest session, but these were mostly performance summaries rather than new company-specific catalysts. Exxon Mobil Holdings (XOM) Outperforms Broader Market: What You Need to Know
• Neutral Sentiment: ExxonMobil also appeared in lists of oil stocks to watch and analyst prediction roundups, which may support ongoing investor interest but did not include a major fresh catalyst. Promising Oil Stocks To Keep An Eye On – July 18th
• Negative Sentiment: No major negative company-specific developments were highlighted in the recent articles, so the stock’s move appears more tied to sector momentum and earnings anticipation than to any fresh setback for ExxonMobil.

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.