Exxon Mobil Corporation (NYSE:XOM) Shares Sold by DekaBank Deutsche Girozentrale

DekaBank Deutsche Girozentrale trimmed its position in shares of Exxon Mobil Corporation (NYSE:XOM - Free Report) by 0.3% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 2,165,219 shares of the oil and gas company's stock after selling 7,305 shares during the quarter. DekaBank Deutsche Girozentrale owned 0.05% of Exxon Mobil worth $254,948,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors also recently bought and sold shares of the stock. Geode Capital Management LLC raised its holdings in Exxon Mobil by 1.2% during the fourth quarter. Geode Capital Management LLC now owns 93,299,598 shares of the oil and gas company's stock valued at $10,023,875,000 after acquiring an additional 1,104,617 shares during the period. Norges Bank bought a new stake in Exxon Mobil during the fourth quarter valued at about $6,936,737,000. Northern Trust Corp grew its position in shares of Exxon Mobil by 7.0% during the fourth quarter. Northern Trust Corp now owns 46,017,358 shares of the oil and gas company's stock valued at $4,950,087,000 after purchasing an additional 2,998,892 shares in the last quarter. Bank of New York Mellon Corp grew its position in shares of Exxon Mobil by 3.0% during the first quarter. Bank of New York Mellon Corp now owns 45,323,453 shares of the oil and gas company's stock valued at $5,390,318,000 after purchasing an additional 1,340,343 shares in the last quarter. Finally, Franklin Resources Inc. grew its position in shares of Exxon Mobil by 13.1% during the fourth quarter. Franklin Resources Inc. now owns 35,662,602 shares of the oil and gas company's stock valued at $3,836,226,000 after purchasing an additional 4,140,046 shares in the last quarter. 61.80% of the stock is owned by institutional investors.

Exxon Mobil Price Performance

XOM traded up $0.47 during trading on Friday, reaching $115.40. The company's stock had a trading volume of 11,683,034 shares, compared to its average volume of 15,798,174. The company has a quick ratio of 0.90, a current ratio of 1.24 and a debt-to-equity ratio of 0.12. The firm has a fifty day simple moving average of $108.01 and a two-hundred day simple moving average of $108.78. Exxon Mobil Corporation has a 1 year low of $97.80 and a 1 year high of $126.34. The company has a market cap of $497.33 billion, a price-to-earnings ratio of 15.31, a PEG ratio of 2.21 and a beta of 0.50.

Exxon Mobil (NYSE:XOM - Get Free Report) last announced its quarterly earnings results on Friday, May 2nd. The oil and gas company reported $1.76 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.73 by $0.03. The business had revenue of $83.13 billion during the quarter, compared to the consensus estimate of $86.11 billion. Exxon Mobil had a net margin of 9.49% and a return on equity of 12.06%. The business's revenue was up .1% compared to the same quarter last year. During the same quarter last year, the firm earned $2.06 EPS. As a group, analysts anticipate that Exxon Mobil Corporation will post 7.43 EPS for the current year.

Exxon Mobil Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, June 10th. Investors of record on Thursday, May 15th were issued a $0.99 dividend. The ex-dividend date of this dividend was Thursday, May 15th. This represents a $3.96 annualized dividend and a yield of 3.43%. Exxon Mobil's dividend payout ratio (DPR) is presently 52.52%.

Wall Street Analysts Forecast Growth

Several research firms recently commented on XOM. Wells Fargo & Company set a $127.00 price target on Exxon Mobil and gave the stock an "overweight" rating in a research report on Thursday, June 26th. Barclays reiterated a "hold" rating on shares of Exxon Mobil in a research report on Thursday, May 22nd. Wall Street Zen upgraded Exxon Mobil from a "sell" rating to a "hold" rating in a research report on Friday, June 27th. Scotiabank boosted their target price on Exxon Mobil from $115.00 to $125.00 and gave the company a "sector outperform" rating in a research report on Friday. Finally, Piper Sandler boosted their target price on Exxon Mobil from $131.00 to $134.00 and gave the company an "overweight" rating in a research report on Tuesday. One analyst has rated the stock with a sell rating, ten have given a hold rating, ten have given a buy rating and two have issued a strong buy rating to the company. According to data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus price target of $126.05.

About Exxon Mobil

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.