1 week Ago By ABMN Staff
TD Capital Management LLC lowered its position in Exxon Mobil Co. ( NYSE:XOM – Free Report ) by 4.5% in the second quarter, Holdings Channel.
com reports. The institutional investor owned 4,120 shares of the oil and gas company’s stock after selling 193 shares during the period. TD Capital Management LLC’s holdings in Exxon Mobil were worth $474,000 as of its most recent filing with the Securities and Exchange Commission.
Several other large investors have also modified their holdings of XOM. Gilbert & Cook Inc. increased its stake in Exxon Mobil by 2.
2% in the fourth quarter. Gilbert & Cook Inc. now owns 25,473 shares of the oil and gas company’s stock valued at $2,547,000 after purchasing an additional 545 shares during the period.
Aveo Capital Partners LLC increased its position in Exxon Mobil by 5.0% in the 4th quarter. Aveo Capital Partners LLC now owns 20,530 shares of the oil and gas company’s stock valued at $2,053,000 after acquiring an additional 984 shares during the period.
Gryphon Financial Partners LLC raised its stake in Exxon Mobil by 42.3% during the 4th quarter. Gryphon Financial Partners LLC now owns 18,736 shares of the oil and gas company’s stock valued at $1,827,000 after acquiring an additional 5,565 shares during the last quarter.
Envestnet Portfolio Solutions Inc. lifted its position in Exxon Mobil by 47.4% during the 4th quarter.
Envestnet Portfolio Solutions Inc. now owns 194,686 shares of the oil and gas company’s stock worth $19,465,000 after acquiring an additional 62,635 shares during the period. Finally, Wambolt & Associates LLC grew its stake in shares of Exxon Mobil by 29.
4% in the 4th quarter. Wambolt & Associates LLC now owns 12,475 shares of the oil and gas company’s stock valued at $1,247,000 after purchasing an additional 2,831 shares during the last quarter. 61.
80% of the stock is owned by institutional investors and hedge funds. Wall Street Analysts Forecast Growth Several equities research analysts have recently commented on the company. Evercore ISI upgraded Exxon Mobil to a “strong-buy” rating in a research note on Monday, August 5th.
Truist Financial cut their price objective on shares of Exxon Mobil from $124.00 to $121.00 and set a “hold” rating for the company in a research report on Monday, July 22nd.
Barclays reduced their target price on shares of Exxon Mobil from $147.00 to $142.00 and set an “overweight” rating for the company in a research note on Tuesday, July 9th.
Sanford C. Bernstein dropped their price target on shares of Exxon Mobil from $139.00 to $138.
00 and set an “outperform” rating on the stock in a research note on Wednesday, July 17th. Finally, Wolfe Research assumed 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 for the company. Seven research analysts have rated the stock with a hold rating, eleven have given a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat.
com, Exxon Mobil currently has a consensus rating of “Moderate Buy” and a consensus target price of $136.29. Exxon Mobil Trading Down 0.
5 % Shares of XOM stock opened at $112.64 on Monday. Exxon Mobil Co.
has a fifty-two week low of $95.77 and a fifty-two week high of $123.75.
The company has a quick ratio of 1.01, a current ratio of 1.36 and a debt-to-equity ratio of 0.
13. The business has a fifty day simple moving average of $115.94 and a 200-day simple moving average of $114.
88. The stock has a market cap of $444.14 billion, a P/E ratio of 13.
80, a P/E/G ratio of 4.70 and a beta of 0.90.
Exxon Mobil ( NYSE:XOM – Get Free Report ) last announced its earnings results on Friday, August 2nd. The oil and gas company reported $2.14 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.
04 by $0.10. Exxon Mobil had a net margin of 9.
73% and a return on equity of 16.07%. The company had revenue of $93.
06 billion during the quarter, compared to analysts’ expectations of $90.09 billion. During the same quarter in the previous year, the business posted $1.
94 earnings per share. The firm’s quarterly revenue was up 12.2% compared to the same quarter last year.
On average, analysts forecast that Exxon Mobil Co. will post 8.37 earnings per share for the current fiscal year.
Exxon Mobil Dividend Announcement The business also recently announced a quarterly dividend, which will be paid on Tuesday, September 10th. Shareholders of record on Thursday, August 15th will be issued a dividend of $0.95 per share.
This represents a $3.80 dividend on an annualized basis and a yield of 3.37%.
The ex-dividend date is Thursday, August 15th. Exxon Mobil’s dividend payout ratio (DPR) is presently 46.57%.
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.
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