2 weeks Ago By ABMN Staff
MBB Public Markets I LLC increased its position in shares of Exxon Mobil Co. ( NYSE:XOM – Free Report ) by 2,165.3% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC).
The fund owned 318,744 shares of the oil and gas company’s stock after purchasing an additional 304,673 shares during the quarter. Exxon Mobil accounts for about 0.7% of MBB Public Markets I LLC’s investment portfolio, making the stock its 28th largest holding.
MBB Public Markets I LLC’s holdings in Exxon Mobil were worth $36,694,000 at the end of the most recent quarter. Other institutional investors have also recently added to or reduced their stakes in the company. Gilbert & Cook Inc.
grew its stake in Exxon Mobil by 2.2% during the 4th quarter. Gilbert & Cook Inc.
now owns 25,473 shares of the oil and gas company’s stock worth $2,547,000 after buying an additional 545 shares during the last quarter. Aveo Capital Partners LLC grew its position in shares of Exxon Mobil by 5.0% during the fourth quarter.
Aveo Capital Partners LLC now owns 20,530 shares of the oil and gas company’s stock worth $2,053,000 after acquiring an additional 984 shares during the last quarter. Gryphon Financial Partners LLC increased its holdings in shares of Exxon Mobil by 42.3% in the 4th quarter.
Gryphon Financial Partners LLC now owns 18,736 shares of the oil and gas company’s stock worth $1,827,000 after acquiring an additional 5,565 shares during the period. J. W.
Coons Advisors LLC lifted its position in Exxon Mobil by 0.5% in the 4th quarter. J.
W. Coons Advisors LLC now owns 39,609 shares of the oil and gas company’s stock valued at $3,960,000 after purchasing an additional 208 shares during the last quarter. Finally, Evoke Wealth LLC boosted its stake in Exxon Mobil by 19.
8% during the 4th quarter. Evoke Wealth LLC now owns 36,978 shares of the oil and gas company’s stock valued at $3,697,000 after purchasing an additional 6,101 shares during the period. Institutional investors own 61.
80% of the company’s stock. Wall Street Analysts Forecast Growth A number of brokerages recently issued reports on XOM. Evercore ISI raised Exxon Mobil to a “strong-buy” rating in a report on Monday, August 5th.
Barclays cut their price objective on shares of Exxon Mobil from $147.00 to $142.00 and set an “overweight” rating on the stock in a research note on Tuesday, July 9th.
Mizuho upped their price target on shares of Exxon Mobil from $128.00 to $130.00 and gave the stock a “neutral” rating in a research note on Monday, September 16th.
Royal Bank of Canada reiterated a “sector perform” rating and set a $135.00 price objective on shares of Exxon Mobil in a research note on Tuesday, July 9th. Finally, Redburn Atlantic reissued a “neutral” rating and set a $120.
00 target price (up previously from $119.00) on shares of Exxon Mobil in a report on Tuesday. Eight equities research analysts have rated the stock with a hold rating, ten have issued a buy rating and one has given a strong buy rating to the company’s stock.
According to data from MarketBeat, Exxon Mobil currently has a consensus rating of “Moderate Buy” and an average price target of $135.82. Exxon Mobil Price Performance NYSE XOM opened at $112.
80 on Friday. The stock’s 50-day moving average price is $115.88 and its two-hundred day moving average price is $115.
58. The company has a market cap of $444.77 billion, a PE ratio of 13.
82, a PEG ratio of 4.86 and a beta of 0.90.
The company has a current ratio of 1.36, a quick ratio of 1.01 and a debt-to-equity ratio of 0.
13. Exxon Mobil Co. has a 1 year low of $95.
77 and a 1 year high of $123.75. Exxon Mobil ( NYSE:XOM – Get Free Report ) last posted its quarterly earnings data on Friday, August 2nd.
The oil and gas company reported $2.14 earnings per share for the quarter, topping the consensus estimate of $2.04 by $0.
10. The firm had revenue of $93.06 billion for the quarter, compared to analysts’ expectations of $90.
09 billion. Exxon Mobil had a net margin of 9.73% and a return on equity of 16.
07%. The company’s quarterly revenue was up 12.2% compared to the same quarter last year.
During the same period in the previous year, the company posted $1.94 EPS. On average, analysts predict that Exxon Mobil Co.
will post 8.06 EPS for the current year. Exxon Mobil Dividend Announcement The firm also recently announced a quarterly dividend, which was paid on Tuesday, September 10th.
Stockholders of record on Thursday, August 15th were issued a $0.95 dividend. The ex-dividend date was Thursday, August 15th.
This represents a $3.80 dividend on an annualized basis and a dividend yield of 3.37%.
Exxon Mobil’s dividend payout ratio is 46.57%. About Exxon Mobil ( 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. Further Reading 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 ..
