2 weeks Ago By ABMN Staff
New Century Financial Group LLC acquired a new position in shares of Exxon Mobil Co. ( NYSE:XOM – Free Report ) during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm acquired 6,347 shares of the oil and gas company’s stock, valued at approximately $731,000.
Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. FPC Investment Advisory Inc. bought a new position in shares of Exxon Mobil during the 1st quarter valued at about $25,000.
Fairway Wealth LLC bought a new position in Exxon Mobil in the second quarter valued at approximately $35,000. Anfield Capital Management LLC lifted its stake in Exxon Mobil by 360.0% in the second quarter.
Anfield Capital Management LLC now owns 322 shares of the oil and gas company’s stock valued at $37,000 after buying an additional 252 shares in the last quarter. Fairscale Capital LLC acquired a new position in shares of Exxon Mobil in the second quarter valued at approximately $39,000. Finally, POM Investment Strategies LLC increased its position in shares of Exxon Mobil by 918.
9% during the second quarter. POM Investment Strategies LLC now owns 377 shares of the oil and gas company’s stock worth $43,000 after acquiring an additional 340 shares in the last quarter. 61.
80% of the stock is currently owned by institutional investors. Exxon Mobil Stock Performance NYSE XOM opened at $117.21 on Tuesday.
The firm’s 50 day simple moving average is $115.80 and its 200 day simple moving average is $115.75.
The firm has a market capitalization of $462.16 billion, a price-to-earnings ratio of 14.36, a P/E/G 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 Announces Dividend The firm also recently announced a quarterly dividend, which was paid on Tuesday, September 10th. Shareholders of record on Thursday, August 15th were paid a dividend of $0.
95 per share. This represents a $3.80 annualized dividend and a yield of 3.
24%. The ex-dividend date was Thursday, August 15th. Exxon Mobil’s payout ratio is 46.
57%. Wall Street Analyst Weigh In A number of brokerages recently weighed in on XOM. Wells Fargo & Company upped their target price on shares of Exxon Mobil from $135.
00 to $136.00 and gave the stock an “overweight” rating in a research note on Friday. Evercore ISI upgraded Exxon Mobil to a “strong-buy” rating in a report on Monday, August 5th.
Mizuho boosted their target price on Exxon Mobil from $128.00 to $130.00 and gave the company a “neutral” rating in a research note on Monday, September 16th.
Truist Financial decreased their price target on shares of Exxon Mobil from $121.00 to $117.00 and set a “hold” rating for the company in a research note on Monday.
Finally, Wolfe Research initiated coverage on shares of Exxon Mobil in a research report on Thursday, July 18th. They issued an “outperform” rating and a $146.00 price objective on the stock.
Eight investment analysts have rated the stock with a hold rating, ten have issued a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $134.
75. Read Our Latest Analysis on XOM 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. Featured Stories 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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