Exxon Mobil Corporation (NYSE:XOM) Shares Sold by Nwam LLC

Nwam LLC reduced its holdings in Exxon Mobil Corporation (NYSE:XOM - Free Report) by 91.1% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 12,103 shares of the oil and gas company's stock after selling 123,327 shares during the period. Nwam LLC's holdings in Exxon Mobil were worth $1,439,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of XOM. Axis Wealth Partners LLC increased its position in Exxon Mobil by 1.9% during the first quarter. Axis Wealth Partners LLC now owns 4,966 shares of the oil and gas company's stock worth $591,000 after buying an additional 93 shares during the last quarter. Harvest Fund Management Co. Ltd increased its position in Exxon Mobil by 11.4% during the fourth quarter. Harvest Fund Management Co. Ltd now owns 918 shares of the oil and gas company's stock worth $99,000 after buying an additional 94 shares during the last quarter. WPWealth LLP increased its position in Exxon Mobil by 1.1% during the fourth quarter. WPWealth LLP now owns 9,201 shares of the oil and gas company's stock worth $990,000 after buying an additional 96 shares during the last quarter. Ascent Capital Management LLC increased its position in Exxon Mobil by 2.0% during the first quarter. Ascent Capital Management LLC now owns 4,913 shares of the oil and gas company's stock worth $584,000 after buying an additional 96 shares during the last quarter. Finally, DDD Partners LLC increased its position in Exxon Mobil by 1.4% during the first quarter. DDD Partners LLC now owns 6,811 shares of the oil and gas company's stock worth $810,000 after buying an additional 96 shares during the last quarter. 61.80% of the stock is owned by institutional investors and hedge funds.

Exxon Mobil Stock Performance

NYSE:XOM opened at $107.87 on Friday. Exxon Mobil Corporation has a 12-month low of $97.80 and a 12-month high of $126.34. 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 market capitalization of $464.88 billion, a PE ratio of 14.31, a price-to-earnings-growth ratio of 2.08 and a beta of 0.50. The firm has a 50-day moving average price of $108.66 and a 200 day moving average price of $108.96.

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

Exxon Mobil Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, June 10th. Investors of record on Thursday, May 15th were given a $0.99 dividend. This represents a $3.96 annualized dividend and a yield of 3.67%. The ex-dividend date of this dividend was Thursday, May 15th. Exxon Mobil's dividend payout ratio (DPR) is presently 52.52%.

Wall Street Analyst Weigh In

Several equities analysts have commented on XOM shares. Wall Street Zen raised shares of Exxon Mobil from a "sell" rating to a "hold" rating in a research report on Friday, June 27th. Scotiabank restated an "outperform" rating on shares of Exxon Mobil in a report on Friday, July 11th. UBS Group decreased their price target on shares of Exxon Mobil from $135.00 to $131.00 and set a "buy" rating for the company in a report on Monday, April 14th. Piper Sandler upped their price target on shares of Exxon Mobil from $131.00 to $134.00 and gave the company an "overweight" rating in a report on Tuesday, July 8th. Finally, TD Cowen upped their price target on shares of Exxon Mobil from $120.00 to $128.00 and gave the company a "buy" rating in a report on Monday, June 23rd. One research analyst has rated the stock with a sell rating, ten have issued a hold rating, eight have issued a buy rating and two have issued a strong buy rating to the stock. According to MarketBeat, the stock has an average rating of "Moderate Buy" and an average price target of $125.42.

Exxon Mobil 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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