Resonant Capital Advisors LLC increased its position in shares of Exxon Mobil Corporation (NYSE:XOM - Free Report) by 7.3% in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 51,869 shares of the oil and gas company's stock after purchasing an additional 3,526 shares during the quarter. Resonant Capital Advisors LLC's holdings in Exxon Mobil were worth $6,169,000 as of its most recent SEC filing.
Other large investors have also recently bought and sold shares of the company. Quantinno Capital Management LP raised its stake in shares of Exxon Mobil by 24.1% during the 4th quarter. Quantinno Capital Management LP now owns 570,158 shares of the oil and gas company's stock worth $61,332,000 after buying an additional 110,772 shares during the period. Accredited Wealth Management LLC purchased a new stake in Exxon Mobil in the 4th quarter worth $55,000. Legacy Trust raised its position in Exxon Mobil by 12.7% during the first quarter. Legacy Trust now owns 8,861 shares of the oil and gas company's stock worth $1,054,000 after acquiring an additional 997 shares during the period. Renasant Bank lifted its holdings in Exxon Mobil by 5.0% during the fourth quarter. Renasant Bank now owns 10,369 shares of the oil and gas company's stock valued at $1,115,000 after purchasing an additional 493 shares in the last quarter. Finally, Paradigm Capital Management LLC NV grew its position in shares of Exxon Mobil by 1.6% in the fourth quarter. Paradigm Capital Management LLC NV now owns 14,244 shares of the oil and gas company's stock valued at $1,532,000 after purchasing an additional 227 shares during the period. Hedge funds and other institutional investors own 61.80% of the company's stock.
Exxon Mobil Trading Up 1.0%
NYSE:XOM opened at $112.15 on Friday. The stock has a market cap of $483.33 billion, a price-to-earnings ratio of 14.87, a price-to-earnings-growth ratio of 2.16 and a beta of 0.50. Exxon Mobil Corporation has a one year low of $97.80 and a one year high of $126.34. The company has a debt-to-equity ratio of 0.12, a quick ratio of 0.90 and a current ratio of 1.24. The business's 50-day simple moving average is $107.32 and its 200 day simple moving average is $108.51.
Exxon Mobil (NYSE:XOM - Get Free Report) last announced its quarterly earnings data on Friday, May 2nd. The oil and gas company reported $1.76 earnings per share 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 for the quarter was up .1% compared to the same quarter last year. During the same period last year, the business earned $2.06 EPS. As a group, sell-side analysts predict that Exxon Mobil Corporation will post 7.43 earnings per share for the current fiscal year.
Exxon Mobil Dividend Announcement
The firm also recently declared a quarterly dividend, which was paid on Tuesday, June 10th. Stockholders of record on Thursday, May 15th were issued a $0.99 dividend. This represents a $3.96 annualized dividend and a dividend yield of 3.53%. The ex-dividend date was Thursday, May 15th. Exxon Mobil's dividend payout ratio (DPR) is presently 52.52%.
Wall Street Analyst Weigh In
A number of equities analysts have commented on the company. Morgan Stanley reduced their target price on Exxon Mobil from $141.00 to $138.00 and set an "overweight" rating for the company in a report on Thursday, March 27th. Piper Sandler raised Exxon Mobil from a "hold" rating to a "strong-buy" rating and increased their price objective for the company from $125.00 to $131.00 in a research note on Wednesday. Scotiabank lowered their target price on shares of Exxon Mobil from $140.00 to $115.00 and set a "sector outperform" rating on the stock in a research note on Friday, April 11th. Mizuho dropped their target price on shares of Exxon Mobil from $129.00 to $124.00 and set a "neutral" rating for the company in a report on Tuesday, May 13th. Finally, Barclays reissued a "hold" rating on shares of Exxon Mobil in a research note on Thursday, May 22nd. One analyst has rated the stock with a sell rating, ten have given a hold rating, nine have assigned a buy rating and three have given a strong buy rating to the company's stock. Based on data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus price target of $125.40.
Get Our Latest Stock Report on XOM
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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