Exxon Mobil Corporation $XOM Shares Acquired by Schnieders Capital Management LLC

Key Points

• Schnieders Capital Management LLC increased its stake in Exxon Mobil by 17.4%, acquiring an additional 5,443 shares to reach a total of 36,710 shares valued at approximately $3.96 million.
• Exxon Mobil reported a quarterly earnings per share (EPS) of $0.65 and a total revenue of $57.55 billion, with analysts forecasting an average EPS of 7.43 for the current fiscal year.
• The company declared a quarterly dividend of $0.99 per share, yielding 3.5%, with a payout ratio of 56.25%.

Schnieders Capital Management LLC lifted its position in Exxon Mobil Corporation (NYSE:XOM - Free Report) by 17.4% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 36,710 shares of the oil and gas company's stock after buying an additional 5,443 shares during the quarter. Schnieders Capital Management LLC's holdings in Exxon Mobil were worth $3,957,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Graybill Wealth Management LTD. purchased a new stake in shares of Exxon Mobil in the 1st quarter valued at $29,000. Elequin Capital LP purchased a new stake in shares of Exxon Mobil in the 1st quarter valued at $31,000. Clal Insurance Enterprises Holdings Ltd raised its holdings in shares of Exxon Mobil by 396.7% in the 1st quarter. Clal Insurance Enterprises Holdings Ltd now owns 298 shares of the oil and gas company's stock valued at $35,000 after buying an additional 238 shares during the period. Game Plan Financial Advisors LLC raised its holdings in shares of Exxon Mobil by 1,500.0% in the 1st quarter. Game Plan Financial Advisors LLC now owns 320 shares of the oil and gas company's stock valued at $38,000 after buying an additional 300 shares during the period. Finally, 1248 Management LLC purchased a new stake in shares of Exxon Mobil in the 1st quarter valued at $40,000. Hedge funds and other institutional investors own 61.80% of the company's stock.

Analyst Upgrades and Downgrades

Several equities research analysts recently issued reports on the company. Morgan Stanley boosted their price objective on Exxon Mobil from $134.00 to $135.00 and gave the company an "overweight" rating in a report on Monday, August 4th. Bank of America boosted their target price on Exxon Mobil from $113.00 to $120.00 and gave the stock a "neutral" rating in a research note on Wednesday, September 10th. Melius Research started coverage on Exxon Mobil in a research note on Wednesday, August 20th. They set a "hold" rating and a $111.00 target price for the company. UBS Group boosted their target price on Exxon Mobil from $143.00 to $145.00 and gave the stock a "buy" rating in a research note on Monday, October 13th. Finally, Piper Sandler set a $141.00 target price on Exxon Mobil in a research note on Tuesday, October 7th. Two analysts have rated the stock with a Strong Buy rating, eight have assigned a Buy rating and ten have assigned a Hold rating to the stock. According to data from MarketBeat.com, Exxon Mobil has an average rating of "Moderate Buy" and an average target price of $127.58.

Exxon Mobil Stock Up 0.0%

Shares of NYSE XOM opened at $112.72 on Wednesday. The company has a market capitalization of $480.55 billion, a price-to-earnings ratio of 16.01, a price-to-earnings-growth ratio of 2.02 and a beta of 0.51. The company has a debt-to-equity ratio of 0.12, a current ratio of 1.25 and a quick ratio of 0.88. The business has a 50-day moving average of $112.10 and a two-hundred day moving average of $109.25. Exxon Mobil Corporation has a 1 year low of $97.80 and a 1 year high of $123.21.

Exxon Mobil (NYSE:XOM - Get Free Report) last announced its quarterly earnings results on Friday, June 17th. The oil and gas company reported $0.65 earnings per share (EPS) for the quarter. The company had revenue of $57.55 billion during the quarter. Exxon Mobil had a return on equity of 11.34% and a net margin of 9.17%. On average, analysts forecast 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 Wednesday, September 10th. Shareholders of record on Friday, August 15th were issued a dividend of $0.99 per share. This represents a $3.96 dividend on an annualized basis and a yield of 3.5%. The ex-dividend date of this dividend was Friday, August 15th. Exxon Mobil's payout ratio is 56.25%.

Insider Transactions at Exxon Mobil

In other Exxon Mobil news, VP Darrin L. Talley sold 2,158 shares of Exxon Mobil stock in a transaction dated Friday, August 22nd. The stock was sold at an average price of $110.45, for a total transaction of $238,351.10. Following the completion of the sale, the vice president directly owned 13,829 shares of the company's stock, valued at $1,527,413.05. The trade was a 13.50% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. 0.03% of the stock is owned by company insiders.

Exxon Mobil Company 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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