First Command Advisory Services Inc. lifted its holdings in shares of Exxon Mobil Corporation (NYSE:XOM - Free Report) by 20.7% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 44,942 shares of the oil and gas company's stock after purchasing an additional 7,704 shares during the quarter. First Command Advisory Services Inc.'s holdings in Exxon Mobil were worth $5,345,000 as of its most recent SEC filing.
Several other hedge funds also recently made changes to their positions in XOM. Norges Bank bought a new position in shares of Exxon Mobil during the fourth quarter worth approximately $6,936,737,000. GAMMA Investing LLC increased its holdings in shares of Exxon Mobil by 14,242.7% during the first quarter. GAMMA Investing LLC now owns 9,457,554 shares of the oil and gas company's stock worth $1,124,787,000 after purchasing an additional 9,391,614 shares during the period. Franklin Resources Inc. increased its stake in Exxon Mobil by 13.1% in 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 acquiring an additional 4,140,046 shares during the last quarter. Northern Trust Corp increased its stake in Exxon Mobil by 7.0% in 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 acquiring an additional 2,998,892 shares during the last quarter. Finally, Universal Beteiligungs und Servicegesellschaft mbH bought a new position in Exxon Mobil in the fourth quarter valued at approximately $240,653,000. 61.80% of the stock is owned by institutional investors.
Exxon Mobil Trading Down 2.7%
Shares of XOM stock traded down $2.96 during mid-day trading on Friday, hitting $108.70. The company's stock had a trading volume of 10,957,543 shares, compared to its average volume of 15,770,379. The company's fifty day simple moving average is $108.65 and its 200-day simple moving average is $108.96. Exxon Mobil Corporation has a 52 week low of $97.80 and a 52 week 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 company has a market cap of $468.46 billion, a PE ratio of 14.44, a P/E/G ratio of 2.09 and a beta of 0.50.
Exxon Mobil (NYSE:XOM - Get Free Report) last posted 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. Exxon Mobil had a return on equity of 12.06% and a net margin of 9.49%. The firm had revenue of $83.13 billion during the quarter, compared to analyst estimates of $86.11 billion. During the same period last year, the company posted $2.06 EPS. The business's quarterly revenue was up .1% on a year-over-year basis. As a group, equities research analysts expect that Exxon Mobil Corporation will post 7.43 earnings per share for the current fiscal year.
Exxon Mobil Announces Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, June 10th. Stockholders of record on Thursday, May 15th were given a $0.99 dividend. This represents a $3.96 annualized dividend and a dividend yield of 3.64%. The ex-dividend date of this dividend was Thursday, May 15th. Exxon Mobil's dividend payout ratio (DPR) is presently 52.52%.
Analyst Ratings Changes
XOM has been the topic of a number of recent analyst reports. Wells Fargo & Company set a $127.00 price objective on shares of Exxon Mobil and gave the company an "overweight" rating in a research note on Thursday, June 26th. Barclays reissued a "hold" rating on shares of Exxon Mobil in a research note on Thursday, May 22nd. Royal Bank Of Canada reissued a "sector perform" rating on shares of Exxon Mobil in a research note on Thursday, May 22nd. Scotiabank reissued an "outperform" rating on shares of Exxon Mobil in a research note on Friday, July 11th. Finally, Wall Street Zen raised shares of Exxon Mobil from a "sell" rating to a "hold" rating in a research note on Friday, June 27th. One research analyst has rated the stock with a sell rating, ten have assigned a hold rating, nine have issued a buy rating and two have issued a strong buy rating to the company. According to data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $125.42.
Get Our Latest Stock Analysis on XOM
Exxon Mobil 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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