Shufro Rose & Co. LLC lessened its holdings in shares of Exxon Mobil Co. (NYSE:XOM - Free Report) by 5.3% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 57,901 shares of the oil and gas company's stock after selling 3,258 shares during the quarter. Shufro Rose & Co. LLC's holdings in Exxon Mobil were worth $6,228,000 at the end of the most recent quarter.
Several other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Tallon Kerry Patrick acquired a new position in shares of Exxon Mobil during the 4th quarter valued at about $789,000. XML Financial LLC lifted its position in Exxon Mobil by 1.2% in the fourth quarter. XML Financial LLC now owns 48,284 shares of the oil and gas company's stock valued at $5,194,000 after buying an additional 592 shares during the last quarter. Eads & Heald Wealth Management lifted its position in Exxon Mobil by 0.8% in the fourth quarter. Eads & Heald Wealth Management now owns 16,747 shares of the oil and gas company's stock valued at $1,802,000 after buying an additional 127 shares during the last quarter. Missouri Trust & Investment Co lifted its position in Exxon Mobil by 16.8% in the fourth quarter. Missouri Trust & Investment Co now owns 2,313 shares of the oil and gas company's stock valued at $249,000 after buying an additional 332 shares during the last quarter. Finally, MBM Wealth Consultants LLC lifted its position in Exxon Mobil by 7.6% in the fourth quarter. MBM Wealth Consultants LLC now owns 2,659 shares of the oil and gas company's stock valued at $285,000 after buying an additional 188 shares during the last quarter. Institutional investors and hedge funds own 61.80% of the company's stock.
Exxon Mobil Price Performance
Shares of XOM stock traded up $0.38 during mid-day trading on Thursday, reaching $102.49. The stock had a trading volume of 7,577,833 shares, compared to its average volume of 15,516,085. Exxon Mobil Co. has a 12-month low of $97.80 and a 12-month high of $126.34. The company has a market cap of $441.71 billion, a P/E ratio of 13.07, a price-to-earnings-growth ratio of 3.02 and a beta of 0.51. The business has a 50-day simple moving average of $107.50 and a 200 day simple moving average of $110.02. The company has a current ratio of 1.31, a quick ratio of 0.97 and a debt-to-equity ratio of 0.14.
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 EPS for the quarter, topping analysts' consensus estimates of $1.73 by $0.03. The firm had revenue of $83.13 billion during the quarter, compared to analysts' expectations of $86.11 billion. Exxon Mobil had a return on equity of 12.92% and a net margin of 9.63%. The firm's quarterly revenue was up .1% compared to the same quarter last year. During the same quarter last year, the business posted $2.06 EPS. On average, sell-side analysts anticipate that Exxon Mobil Co. will post 7.43 earnings per share for the current year.
Exxon Mobil Announces Dividend
The firm also recently declared a quarterly dividend, which will be paid on Tuesday, June 10th. Shareholders of record on Thursday, May 15th will be paid a $0.99 dividend. This represents a $3.96 dividend on an annualized basis and a yield of 3.86%. The ex-dividend date of this dividend is Thursday, May 15th. Exxon Mobil's payout ratio is 52.52%.
Analyst Upgrades and Downgrades
XOM has been the topic of a number of recent research reports. Bernstein Bank boosted their price target on shares of Exxon Mobil from $138.00 to $144.00 and gave the stock an "overweight" rating in a research note on Friday, January 31st. Barclays reaffirmed a "hold" rating on shares of Exxon Mobil in a report on Thursday, May 22nd. Royal Bank of Canada reissued a "sector perform" rating on shares of Exxon Mobil in a report on Thursday, May 22nd. Argus raised Exxon Mobil to a "strong-buy" rating in a report on Tuesday, February 4th. Finally, Piper Sandler reaffirmed a "hold" rating on shares of Exxon Mobil in a report on Wednesday. One research analyst has rated the stock with a sell rating, ten have assigned a hold rating, nine have assigned a buy rating and two have assigned a strong buy rating to the stock. According to data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus target price of $125.50.
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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