Free Trial

Exxon Mobil Corporation $XOM Shares Purchased by Bokf Na

Exxon Mobil logo with Energy background
Image from MarketBeat Media, LLC.

Key Points

  • Bokf Na slightly raised its Exxon stake in Q3 by 0.5% to 1,891,408 shares (about $213.3M), making XOM roughly 3.2% of its portfolio and its fourth-largest holding.
  • Geopolitical supply risks and recent U.S. strikes have lifted oil prices and driven investor flows into integrated majors like Exxon, supporting near-term revenue and margin opportunities, though a potential Strategic Petroleum Reserve release could limit upside; XOM trades near $151.52 and yields about 2.7%.
  • MarketBeat previews top five stocks to own in May.

Bokf Na raised its position in Exxon Mobil Corporation (NYSE:XOM - Free Report) by 0.5% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,891,408 shares of the oil and gas company's stock after purchasing an additional 8,974 shares during the period. Exxon Mobil comprises about 3.2% of Bokf Na's investment portfolio, making the stock its 4th largest position. Bokf Na's holdings in Exxon Mobil were worth $213,256,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also modified their holdings of the company. Westfuller Advisors LLC purchased a new position in shares of Exxon Mobil during the third quarter valued at approximately $30,000. Bare Financial Services Inc grew its stake in Exxon Mobil by 121.8% in the 2nd quarter. Bare Financial Services Inc now owns 366 shares of the oil and gas company's stock worth $39,000 after acquiring an additional 201 shares during the period. Clayton Financial Group LLC acquired a new position in Exxon Mobil in the 3rd quarter valued at $40,000. TruNorth Capital Management LLC lifted its stake in shares of Exxon Mobil by 1,595.2% during the 3rd quarter. TruNorth Capital Management LLC now owns 356 shares of the oil and gas company's stock worth $40,000 after purchasing an additional 335 shares during the period. Finally, Halbert Hargrove Global Advisors LLC lifted its stake in shares of Exxon Mobil by 95.8% during the 3rd quarter. Halbert Hargrove Global Advisors LLC now owns 370 shares of the oil and gas company's stock worth $42,000 after purchasing an additional 181 shares during the period. 61.80% of the stock is currently owned by hedge funds and other institutional investors.

Exxon Mobil News Summary

Here are the key news stories impacting Exxon Mobil this week:

Exxon Mobil Price Performance

Shares of Exxon Mobil stock opened at $151.52 on Thursday. The business's fifty day moving average price is $140.65 and its 200 day moving average price is $124.07. Exxon Mobil Corporation has a twelve month low of $97.80 and a twelve month high of $159.60. The company has a current ratio of 1.15, a quick ratio of 0.79 and a debt-to-equity ratio of 0.13. The stock has a market capitalization of $631.33 billion, a P/E ratio of 22.65, a PEG ratio of 1.21 and a beta of 0.35.

Exxon Mobil (NYSE:XOM - Get Free Report) last announced its quarterly earnings results on Friday, January 30th. The oil and gas company reported $1.71 EPS for the quarter, topping the consensus estimate of $1.63 by $0.08. The company had revenue of $80.04 billion during the quarter, compared to analyst estimates of $77.98 billion. Exxon Mobil had a return on equity of 11.21% and a net margin of 8.68%.The firm's revenue was down 1.3% on a year-over-year basis. During the same period in the prior year, the firm posted $1.67 earnings per share. As a group, research analysts anticipate that Exxon Mobil Corporation will post 7.43 earnings per share for the current year.

Exxon Mobil Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, March 10th. Investors of record on Thursday, February 12th were issued a $1.03 dividend. The ex-dividend date was Thursday, February 12th. This represents a $4.12 annualized dividend and a yield of 2.7%. Exxon Mobil's dividend payout ratio (DPR) is presently 61.58%.

Insiders Place Their Bets

In other Exxon Mobil news, VP Darrin L. Talley sold 5,000 shares of the business's stock in a transaction that occurred on Monday, February 2nd. The shares were sold at an average price of $139.75, for a total transaction of $698,750.00. Following the completion of the sale, the vice president directly owned 23,584 shares in the company, valued at $3,295,864. The trade was a 17.49% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Insiders have sold 16,380 shares of company stock worth $2,227,734 over the last 90 days. Insiders own 0.03% of the company's stock.

Analysts Set New Price Targets

A number of brokerages have recently commented on XOM. Barclays lifted their price objective on Exxon Mobil from $140.00 to $145.00 and gave the company an "overweight" rating in a research report on Tuesday, February 3rd. Weiss Ratings reiterated a "hold (c)" rating on shares of Exxon Mobil in a research report on Monday, December 29th. Bank of America lifted their price target on Exxon Mobil from $135.00 to $151.00 and gave the company a "neutral" rating in a report on Monday, March 2nd. Morgan Stanley dropped their price objective on shares of Exxon Mobil from $137.00 to $134.00 and set an "overweight" rating for the company in a research note on Friday, January 23rd. Finally, Scotiabank reiterated an "outperform" rating on shares of Exxon Mobil in a report on Friday, January 16th. Nine research analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has issued a Sell rating to the company's stock. According to data from MarketBeat, Exxon Mobil has an average rating of "Hold" and an average price target of $143.41.

Get Our Latest Research Report on Exxon Mobil

About Exxon Mobil

(Free Report)

Exxon Mobil Corporation NYSE: XOM is an integrated oil and gas company engaged in the exploration, production, refining, distribution and marketing of petroleum products and the manufacture and sale of petrochemicals. Its operations span the full energy value chain, including upstream exploration and development of crude oil and natural gas; midstream transportation and storage; and downstream refining, product distribution and retail. The company also produces a broad range of chemical products for industrial and consumer applications.

ExxonMobil markets fuels and lubricants under well-known brands such as Exxon, Mobil and Esso, and its Mobil 1 motor oil is a prominent consumer product.

Read More

Institutional Ownership by Quarter for Exxon Mobil (NYSE:XOM)

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

Should You Invest $1,000 in Exxon Mobil Right Now?

Before you consider Exxon Mobil, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Exxon Mobil wasn't on the list.

While Exxon Mobil currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

Reduce the Risk Cover

Market downturns give many investors pause, and for good reason. Wondering how to offset this risk? Click the link to learn more about using beta to protect your portfolio.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines