Bogart Wealth LLC decreased its position in Exxon Mobil Corporation (NYSE:XOM - Free Report) by 1.1% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,317,522 shares of the oil and gas company's stock after selling 15,288 shares during the period. Exxon Mobil makes up 7.4% of Bogart Wealth LLC's holdings, making the stock its biggest holding. Bogart Wealth LLC's holdings in Exxon Mobil were worth $156,693,000 at the end of the most recent quarter.
Other hedge funds and other institutional investors have also bought and sold shares of the company. Proficio Capital Partners LLC increased its stake in Exxon Mobil by 35.3% in the fourth quarter. Proficio Capital Partners LLC now owns 18,252 shares of the oil and gas company's stock valued at $1,963,000 after purchasing an additional 4,760 shares in the last quarter. IMG Wealth Management Inc. bought a new stake in shares of Exxon Mobil during the fourth quarter worth about $144,000. Atlanta Consulting Group Advisors LLC increased its position in shares of Exxon Mobil by 3.8% during the fourth quarter. Atlanta Consulting Group Advisors LLC now owns 26,452 shares of the oil and gas company's stock worth $2,845,000 after acquiring an additional 970 shares in the last quarter. Gray Wealth Management Inc. increased its position in shares of Exxon Mobil by 11.0% during the fourth quarter. Gray Wealth Management Inc. now owns 21,333 shares of the oil and gas company's stock worth $2,295,000 after acquiring an additional 2,120 shares in the last quarter. Finally, Addison Capital Co boosted its holdings in Exxon Mobil by 2.1% during the fourth quarter. Addison Capital Co now owns 14,648 shares of the oil and gas company's stock worth $1,576,000 after purchasing an additional 300 shares during the last quarter. Institutional investors and hedge funds own 61.80% of the company's stock.
Exxon Mobil Stock Performance
Shares of NYSE:XOM traded down $1.02 during trading on Tuesday, hitting $112.90. 10,954,934 shares of the stock traded hands, compared to its average volume of 15,785,013. 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 company has a market cap of $486.56 billion, a price-to-earnings ratio of 14.97, a P/E/G ratio of 2.21 and a beta of 0.50. The company has a fifty day moving average price of $108.23 and a two-hundred day moving average price of $108.86. Exxon Mobil Corporation has a 52-week low of $97.80 and a 52-week high of $126.34.
Exxon Mobil (NYSE:XOM - Get Free Report) last issued its quarterly earnings results on Friday, May 2nd. The oil and gas company reported $1.76 EPS for the quarter, topping the consensus estimate of $1.73 by $0.03. The company had revenue of $83.13 billion during the quarter, compared to analyst estimates of $86.11 billion. Exxon Mobil had a net margin of 9.49% and a return on equity of 12.06%. The firm's revenue was up .1% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $2.06 EPS. As a group, equities analysts predict that Exxon Mobil Corporation will post 7.43 EPS for the current year.
Exxon Mobil Dividend Announcement
The company also recently declared a quarterly dividend, which was paid on Tuesday, June 10th. Stockholders of record on Thursday, May 15th were given a dividend of $0.99 per share. The ex-dividend date was Thursday, May 15th. This represents a $3.96 annualized dividend and a dividend yield of 3.51%. Exxon Mobil's payout ratio is 52.52%.
Analyst Ratings Changes
XOM has been the topic of a number of research analyst reports. Royal Bank Of Canada reiterated a "sector perform" rating on shares of Exxon Mobil in a research note on Thursday, May 22nd. UBS Group dropped their price target on shares of Exxon Mobil from $135.00 to $131.00 and set a "buy" rating on the stock in a research note on Monday, April 14th. Wells Fargo & Company set a $127.00 target price on shares of Exxon Mobil and gave the stock an "overweight" rating in a report on Thursday, June 26th. Mizuho decreased their target price on shares of Exxon Mobil from $129.00 to $124.00 and set a "neutral" rating on the stock in a report on Tuesday, May 13th. Finally, Piper Sandler increased their price target on shares of Exxon Mobil from $131.00 to $134.00 and gave the stock an "overweight" rating in a report on Tuesday, July 8th. One investment analyst has rated the stock with a sell rating, ten have assigned a hold rating, ten have assigned a buy rating and two have given a strong buy rating to the company. According to data from MarketBeat, Exxon Mobil presently has an average rating of "Moderate Buy" and a consensus price target of $126.05.
Check Out Our Latest Stock Report on XOM
Exxon Mobil Company Profile
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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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