2 weeks Ago By ABMN Staff
Ascent Group LLC raised its stake in shares of Exxon Mobil Co. ( NYSE:XOM – Free Report ) by 66.8% during the second quarter, Holdings Channel reports.
The firm owned 72,708 shares of the oil and gas company’s stock after buying an additional 29,109 shares during the period. Exxon Mobil comprises 0.7% of Ascent Group LLC’s holdings, making the stock its 26th biggest holding.
Ascent Group LLC’s holdings in Exxon Mobil were worth $8,370,000 at the end of the most recent quarter. Other large investors also recently modified their holdings of the company. Massachusetts Financial Services Co.
MA lifted its position in shares of Exxon Mobil by 532.8% during the 2nd quarter. Massachusetts Financial Services Co.
MA now owns 16,815,314 shares of the oil and gas company’s stock worth $1,935,779,000 after buying an additional 14,158,054 shares during the period. Global Assets Advisory LLC lifted its holdings in shares of Exxon Mobil by 16,399.4% during the first quarter.
Global Assets Advisory LLC now owns 12,616,904 shares of the oil and gas company’s stock valued at $1,466,589,000 after acquiring an additional 12,540,435 shares during the period. Fisher Asset Management LLC boosted its stake in shares of Exxon Mobil by 565.3% in the 4th quarter.
Fisher Asset Management LLC now owns 13,180,807 shares of the oil and gas company’s stock valued at $1,317,817,000 after purchasing an additional 11,199,696 shares in the last quarter. Primecap Management Co. CA acquired a new stake in shares of Exxon Mobil during the 2nd quarter worth about $980,210,000.
Finally, Capital International Investors raised its stake in shares of Exxon Mobil by 25.1% in the first quarter. Capital International Investors now owns 27,511,952 shares of the oil and gas company’s stock valued at $3,197,989,000 after acquiring an additional 5,523,429 shares during the last quarter.
61.80% of the stock is currently owned by institutional investors. Exxon Mobil Trading Up 2.
7 % Shares of NYSE:XOM opened at $115.82 on Friday. The firm has a market cap of $456.
68 billion, a price-to-earnings ratio of 14.19, a PEG ratio of 4.86 and a beta of 0.
90. Exxon Mobil Co. has a 12 month low of $95.
77 and a 12 month high of $123.75. The company’s fifty day simple moving average is $115.
76 and its 200 day simple moving average is $115.66. The company has a quick ratio of 1.
01, a current ratio of 1.36 and a debt-to-equity ratio of 0.13.
Exxon Mobil Dividend Announcement The firm also recently declared a quarterly dividend, which was paid on Tuesday, September 10th. Stockholders of record on Thursday, August 15th were paid a dividend of $0.95 per share.
The ex-dividend date was Thursday, August 15th. This represents a $3.80 annualized dividend and a dividend yield of 3.
28%. Exxon Mobil’s dividend payout ratio is currently 46.57%.
Wall Street Analysts Forecast Growth Several brokerages have weighed in on XOM. Wolfe Research assumed coverage on Exxon Mobil in a report on Thursday, July 18th. They set an “outperform” rating and a $146.
00 price objective for the company. Mizuho increased their price objective on shares of Exxon Mobil from $128.00 to $130.
00 and gave the company a “neutral” rating in a report on Monday, September 16th. Evercore ISI raised shares of Exxon Mobil to a “strong-buy” rating in a report on Monday, August 5th. Royal Bank of Canada reissued a “sector perform” rating and issued a $135.
00 price target on shares of Exxon Mobil in a research note on Tuesday, July 9th. Finally, Morgan Stanley decreased their price objective on Exxon Mobil from $145.00 to $142.
00 and set an “overweight” rating for the company in a research note on Monday, September 16th. Eight equities research analysts have rated the stock with a hold rating, ten have assigned a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $135.
00. View Our Latest Research Report on XOM Exxon Mobil Company Profile ( Free Report ) Exxon Mobil Corporation engages in the exploration and production of crude oil and natural gas in the United States and internationally. It operates through Upstream, Energy Products, Chemical Products, and Specialty Products segments.
The Upstream segment explores for and produces crude oil and natural gas. Read More Want to see what other hedge funds are holding XOM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Exxon Mobil Co.
( NYSE:XOM – Free Report ). Receive News & Ratings for Exxon Mobil Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Exxon Mobil and related companies with MarketBeat.com's FREE daily email newsletter .
.
