5 hours Ago By ABMN Staff
Guardian Investment Management decreased its holdings in shares of Exxon Mobil Co. ( NYSE:XOM – Free Report ) by 3.3% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission.
The fund owned 13,339 shares of the oil and gas company’s stock after selling 454 shares during the quarter. Exxon Mobil makes up about 1.0% of Guardian Investment Management’s holdings, making the stock its 25th biggest position.
Guardian Investment Management’s holdings in Exxon Mobil were worth $1,435,000 at the end of the most recent quarter. Other hedge funds and other institutional investors have also modified their holdings of the company. FMR LLC lifted its position in shares of Exxon Mobil by 0.
3% in the third quarter. FMR LLC now owns 151,863,649 shares of the oil and gas company’s stock worth $17,801,457,000 after buying an additional 395,218 shares during the last quarter. Geode Capital Management LLC lifted its holdings in Exxon Mobil by 1.
8% in the 3rd quarter. Geode Capital Management LLC now owns 92,194,981 shares of the oil and gas company’s stock worth $10,777,735,000 after purchasing an additional 1,622,064 shares during the last quarter. Legal & General Group Plc boosted its position in Exxon Mobil by 19.
3% during the second quarter. Legal & General Group Plc now owns 32,308,002 shares of the oil and gas company’s stock worth $3,719,296,000 after purchasing an additional 5,235,607 shares during the period. Franklin Resources Inc.
grew its holdings in Exxon Mobil by 16.3% during the third quarter. Franklin Resources Inc.
now owns 31,522,556 shares of the oil and gas company’s stock valued at $3,936,929,000 after purchasing an additional 4,415,012 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. raised its position in shares of Exxon Mobil by 0.
5% in the third quarter. Charles Schwab Investment Management Inc. now owns 31,160,117 shares of the oil and gas company’s stock valued at $3,652,589,000 after purchasing an additional 146,374 shares during the period.
Institutional investors own 61.80% of the company’s stock. Analysts Set New Price Targets XOM has been the topic of a number of research analyst reports.
The Goldman Sachs Group raised their target price on shares of Exxon Mobil from $118.00 to $120.00 in a research note on Thursday, October 31st.
BMO Capital Markets raised their target price on Exxon Mobil from $127.00 to $130.00 and gave the company a “market perform” rating in a report on Friday, October 4th.
Wells Fargo & Company boosted their target price on shares of Exxon Mobil from $135.00 to $136.00 and gave the stock an “overweight” rating in a research report on Friday, September 27th.
Bank of America started coverage on shares of Exxon Mobil in a research report on Thursday, October 17th. They set a “neutral” rating and a $124.00 price objective for the company.
Finally, Piper Sandler cut their price target on Exxon Mobil from $138.00 to $127.00 and set an “overweight” rating for the company in a report on Thursday, December 19th.
One equities research analyst has rated the stock with a sell rating, seven have given a hold rating, ten have given a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, Exxon Mobil has a consensus rating of “Moderate Buy” and an average target price of $128.
84. Exxon Mobil Trading Down 0.7 % NYSE XOM opened at $111.
52 on Wednesday. The company has a debt-to-equity ratio of 0.13, a quick ratio of 1.
01 and a current ratio of 1.35. Exxon Mobil Co.
has a 52 week low of $95.77 and a 52 week high of $126.34.
The stock’s 50 day moving average price is $112.40 and its two-hundred day moving average price is $115.50.
The stock has a market capitalization of $490.12 billion, a price-to-earnings ratio of 13.89, a PEG ratio of 3.
01 and a beta of 0.91. Exxon Mobil ( NYSE:XOM – Get Free Report ) last posted its quarterly earnings results on Friday, November 1st.
The oil and gas company reported $1.92 earnings per share for the quarter, beating analysts’ consensus estimates of $1.91 by $0.
01. Exxon Mobil had a return on equity of 14.73% and a net margin of 9.
61%. The firm had revenue of $90.02 billion during the quarter, compared to the consensus estimate of $93.
98 billion. During the same period last year, the company earned $2.27 earnings per share.
The business’s revenue was down .8% compared to the same quarter last year. As a group, analysts anticipate that Exxon Mobil Co.
will post 7.77 earnings per share for the current fiscal year. Exxon Mobil Increases Dividend The business also recently disclosed a quarterly dividend, which was paid on Tuesday, December 10th.
Stockholders of record on Thursday, November 14th were given a $0.99 dividend. The ex-dividend date of this dividend was Thursday, November 14th.
This is a positive change from Exxon Mobil’s previous quarterly dividend of $0.95. This represents a $3.
96 annualized dividend and a dividend yield of 3.55%. Exxon Mobil’s dividend payout ratio is presently 49.
32%. Exxon Mobil 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.
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