Banco Bilbao Vizcaya Argentaria S.A. Sells 3,386 Shares of Exxon Mobil Corporation $XOM

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Banco Bilbao Vizcaya Argentaria S.A. decreased its stake in shares of Exxon Mobil Corporation (NYSE:XOM - Free Report) by 1.8% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 186,098 shares of the oil and gas company's stock after selling 3,386 shares during the quarter. Banco Bilbao Vizcaya Argentaria S.A.'s holdings in Exxon Mobil were worth $22,142,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Kayne Anderson Rudnick Investment Management LLC raised its holdings in shares of Exxon Mobil by 5.4% in the 4th quarter. Kayne Anderson Rudnick Investment Management LLC now owns 10,541 shares of the oil and gas company's stock valued at $1,134,000 after purchasing an additional 541 shares in the last quarter. TD Waterhouse Canada Inc. lifted its position in shares of Exxon Mobil by 15.8% in the 4th quarter. TD Waterhouse Canada Inc. now owns 229,405 shares of the oil and gas company's stock worth $24,691,000 after purchasing an additional 31,279 shares during the period. WPWealth LLP lifted its position in shares of Exxon Mobil by 1.1% in the 4th quarter. WPWealth LLP now owns 9,201 shares of the oil and gas company's stock worth $990,000 after purchasing an additional 96 shares during the period. Select Asset Management & Trust lifted its position in shares of Exxon Mobil by 208.9% in the 4th quarter. Select Asset Management & Trust now owns 41,816 shares of the oil and gas company's stock worth $4,498,000 after purchasing an additional 28,278 shares during the period. Finally, Stifel Financial Corp lifted its position in shares of Exxon Mobil by 2.7% in the 4th quarter. Stifel Financial Corp now owns 3,983,984 shares of the oil and gas company's stock worth $428,558,000 after purchasing an additional 106,403 shares during the period. Institutional investors own 61.80% of the company's stock.

Analyst Ratings Changes

Several equities research analysts have recently weighed in on XOM shares. Piper Sandler reaffirmed an "overweight" rating and issued a $145.00 price target (up previously from $134.00) on shares of Exxon Mobil in a research report on Monday. Scotiabank reaffirmed an "outperform" rating on shares of Exxon Mobil in a research report on Friday, July 11th. Royal Bank Of Canada reaffirmed a "sector perform" rating on shares of Exxon Mobil in a research report on Thursday, May 22nd. Morgan Stanley lifted their price objective on shares of Exxon Mobil from $134.00 to $135.00 and gave the stock an "overweight" rating in a research report on Monday, August 4th. Finally, Wells Fargo & Company set a $127.00 price objective on shares of Exxon Mobil and gave the stock an "overweight" rating in a research report on Thursday, June 26th. Two research analysts have rated the stock with a sell rating, nine have assigned a hold rating, eight have issued a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of "Hold" and an average target price of $125.84.

Exxon Mobil Stock Up 0.2%

XOM stock opened at $106.70 on Tuesday. The firm's fifty day simple moving average is $110.29 and its 200-day simple moving average is $108.88. The company has a market capitalization of $454.89 billion, a P/E ratio of 15.16, a price-to-earnings-growth ratio of 2.00 and a beta of 0.53. The company has a debt-to-equity ratio of 0.12, a current ratio of 1.25 and a quick ratio of 0.88. Exxon Mobil Corporation has a 12 month low of $97.80 and a 12 month high of $126.34.

Exxon Mobil (NYSE:XOM - Get Free Report) last released its quarterly earnings data on Friday, August 1st. The oil and gas company reported $1.64 EPS for the quarter, beating the consensus estimate of $1.47 by $0.17. The business had revenue of $81.51 billion for the quarter, compared to the consensus estimate of $79.07 billion. Exxon Mobil had a net margin of 9.17% and a return on equity of 11.34%. The business's revenue for the quarter was down 12.4% on a year-over-year basis. During the same period in the prior year, the firm earned $2.14 EPS. As a group, equities research analysts forecast that Exxon Mobil Corporation will post 7.43 earnings per share for the current year.

Exxon Mobil Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 10th. Stockholders of record on Friday, August 15th will be issued a $0.99 dividend. This represents a $3.96 annualized dividend and a dividend yield of 3.7%. The ex-dividend date of this dividend is Friday, August 15th. Exxon Mobil's dividend payout ratio is 56.25%.

Exxon Mobil Company Profile

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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