Intrua Financial LLC Has $8.40 Million Stock Holdings in Exxon Mobil Corporation $XOM

Key Points

• Intrua Financial LLC increased its investment in Exxon Mobil Corporation, owning 70,655 shares valued at approximately $8.40 million after a 4.5% rise in position during the first quarter.
• Exxon Mobil reported earnings of $1.64 per share for the last quarter, surpassing analysts' expectations of $1.47, while quarterly revenue also exceeded forecasts at $81.51 billion.
• The company declared a quarterly dividend of $0.99 per share, reflecting an annualized yield of 3.5%, with a dividend payout ratio currently at 56.25%.

Intrua Financial LLC lifted its position in shares of Exxon Mobil Corporation (NYSE:XOM - Free Report) by 4.5% in the first quarter, according to its most recent disclosure with the SEC. The institutional investor owned 70,655 shares of the oil and gas company's stock after buying an additional 3,033 shares during the quarter. Exxon Mobil comprises 1.2% of Intrua Financial LLC's holdings, making the stock its 12th biggest position. Intrua Financial LLC's holdings in Exxon Mobil were worth $8,403,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of XOM. Jacobi Capital Management LLC boosted its holdings in Exxon Mobil by 9.1% in the 1st quarter. Jacobi Capital Management LLC now owns 53,531 shares of the oil and gas company's stock valued at $6,366,000 after purchasing an additional 4,487 shares during the period. Advisors Capital Management LLC raised its position in shares of Exxon Mobil by 2.5% in the first quarter. Advisors Capital Management LLC now owns 106,578 shares of the oil and gas company's stock valued at $12,675,000 after buying an additional 2,600 shares in the last quarter. SWS Partners raised its position in shares of Exxon Mobil by 3.5% in the first quarter. SWS Partners now owns 3,142 shares of the oil and gas company's stock valued at $374,000 after buying an additional 105 shares in the last quarter. Triune Financial Partners LLC boosted its stake in shares of Exxon Mobil by 50.8% in the first quarter. Triune Financial Partners LLC now owns 5,417 shares of the oil and gas company's stock valued at $644,000 after buying an additional 1,825 shares during the period. Finally, BOS Asset Management LLC grew its position in Exxon Mobil by 30.9% during the first quarter. BOS Asset Management LLC now owns 14,254 shares of the oil and gas company's stock worth $1,695,000 after buying an additional 3,363 shares in the last quarter. Institutional investors own 61.80% of the company's stock.

Analyst Ratings Changes

Several equities analysts have weighed in on the company. Scotiabank reaffirmed an "outperform" rating on shares of Exxon Mobil in a report on Friday, July 11th. Bank of America raised their price target on Exxon Mobil from $113.00 to $120.00 and gave the stock a "neutral" rating in a research report on Wednesday. Barclays reaffirmed a "hold" rating on shares of Exxon Mobil in a research note on Thursday, May 22nd. TD Cowen increased their price objective on shares of Exxon Mobil from $120.00 to $128.00 and gave the stock a "buy" rating in a research note on Monday, June 23rd. Finally, Melius started coverage on shares of Exxon Mobil in a research report on Wednesday, August 20th. They issued a "hold" rating and a $111.00 target price for the company. One research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating, eleven have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, Exxon Mobil currently has a consensus rating of "Hold" and an average target price of $124.81.

Exxon Mobil Price Performance

Shares of XOM stock opened at $112.45 on Thursday. The business has a fifty day simple moving average of $110.55 and a 200 day simple moving average of $109.13. The company has a market cap of $479.39 billion, a P/E ratio of 15.97, a P/E/G ratio of 2.06 and a beta of 0.57. The company has a quick ratio of 0.88, a current ratio of 1.25 and a debt-to-equity ratio of 0.12. Exxon Mobil Corporation has a twelve month low of $97.80 and a twelve month high of $126.34.

Exxon Mobil (NYSE:XOM - Get Free Report) last released its earnings results on Friday, August 1st. The oil and gas company reported $1.64 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.47 by $0.17. The firm had revenue of $81.51 billion for the quarter, compared to analysts' expectations of $79.07 billion. Exxon Mobil had a return on equity of 11.34% and a net margin of 9.17%.The business's revenue for the quarter was down 12.4% on a year-over-year basis. During the same quarter in the previous year, the business posted $2.14 earnings per share. On average, sell-side analysts forecast that Exxon Mobil Corporation will post 7.43 EPS for the current fiscal year.

Exxon Mobil Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, September 10th. Investors of record on Friday, August 15th were given 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 was Friday, August 15th. Exxon Mobil's dividend payout ratio is currently 56.25%.

Insider Buying and Selling

In other Exxon Mobil news, VP Darrin L. Talley sold 2,158 shares of the firm's stock in a transaction that occurred on Friday, August 22nd. The shares were sold at an average price of $110.45, for a total value of $238,351.10. Following the sale, the vice president owned 13,829 shares in the company, valued at $1,527,413.05. This trade represents a 13.50% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. 0.03% of the stock is currently owned by insiders.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.