Toronto Dominion Bank Acquires 149,546 Shares of Exxon Mobil Co. (NYSE:XOM)

Toronto Dominion Bank raised its position in shares of Exxon Mobil Co. (NYSE:XOM - Free Report) by 6.7% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 2,371,101 shares of the oil and gas company's stock after purchasing an additional 149,546 shares during the period. Toronto Dominion Bank owned 0.05% of Exxon Mobil worth $255,058,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. RMR Wealth Builders raised its holdings in shares of Exxon Mobil by 3.1% in the 4th quarter. RMR Wealth Builders now owns 32,042 shares of the oil and gas company's stock worth $3,447,000 after purchasing an additional 960 shares in the last quarter. R.H. Investment Group LLC acquired a new stake in shares of Exxon Mobil during the fourth quarter valued at approximately $3,830,000. Burney Co. raised its holdings in shares of Exxon Mobil by 0.4% during the fourth quarter. Burney Co. now owns 99,997 shares of the oil and gas company's stock valued at $10,757,000 after acquiring an additional 350 shares during the period. Cliftonlarsonallen Wealth Advisors LLC increased its stake in Exxon Mobil by 21.8% in the 4th quarter. Cliftonlarsonallen Wealth Advisors LLC now owns 31,007 shares of the oil and gas company's stock valued at $3,335,000 after buying an additional 5,542 shares during the period. Finally, ARS Wealth Advisors Group LLC increased its stake in Exxon Mobil by 0.9% in the 4th quarter. ARS Wealth Advisors Group LLC now owns 204,176 shares of the oil and gas company's stock valued at $21,963,000 after buying an additional 1,858 shares during the period. 61.80% of the stock is owned by institutional investors and hedge funds.

Exxon Mobil Stock Performance

Exxon Mobil stock traded down $1.79 during mid-day trading on Monday, reaching $106.40. The company had a trading volume of 16,792,410 shares, compared to its average volume of 15,563,397. The company has a quick ratio of 0.97, a current ratio of 1.31 and a debt-to-equity ratio of 0.14. Exxon Mobil Co. has a 52 week low of $97.80 and a 52 week high of $126.34. The company has a 50 day moving average of $108.98 and a 200-day moving average of $110.77. The firm has a market cap of $458.55 billion, a price-to-earnings ratio of 13.57, a PEG ratio of 3.02 and a beta of 0.51.

Exxon Mobil (NYSE:XOM - Get Free Report) last issued its quarterly earnings results on Friday, May 2nd. The oil and gas company reported $1.76 earnings per share for the quarter, beating analysts' consensus estimates of $1.73 by $0.03. Exxon Mobil had a net margin of 9.63% and a return on equity of 12.92%. The firm had revenue of $83.13 billion during the quarter, compared to the consensus estimate of $86.11 billion. During the same period in the prior year, the firm earned $2.06 EPS. The business's revenue was up .1% on a year-over-year basis. On average, sell-side analysts expect that Exxon Mobil Co. will post 7.43 EPS for the current fiscal year.

Exxon Mobil Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, June 10th. Shareholders of record on Thursday, May 15th will be issued a $0.99 dividend. This represents a $3.96 dividend on an annualized basis and a yield of 3.72%. The ex-dividend date is Thursday, May 15th. Exxon Mobil's dividend payout ratio (DPR) is presently 52.52%.

Analyst Upgrades and Downgrades

XOM has been the topic of several research reports. BMO Capital Markets dropped their price objective on shares of Exxon Mobil from $130.00 to $123.00 and set a "market perform" rating on the stock in a research note on Friday, January 31st. Piper Sandler dropped their price objective on shares of Exxon Mobil from $127.00 to $125.00 and set an "overweight" rating on the stock in a research note on Tuesday, May 13th. Royal Bank of Canada dropped their price objective on shares of Exxon Mobil from $115.00 to $105.00 and set a "sector perform" rating on the stock in a research note on Monday, May 5th. Wells Fargo & Company dropped their price target on shares of Exxon Mobil from $136.00 to $135.00 and set an "overweight" rating on the stock in a research note on Monday, February 3rd. Finally, UBS Group dropped their price target on shares of Exxon Mobil from $135.00 to $131.00 and set a "buy" rating on the stock in a research note on Monday, April 14th. One investment analyst has rated the stock with a sell rating, eight have assigned a hold rating, eleven have assigned a buy rating and two have issued a strong buy rating to the company's stock. According to data from MarketBeat, the company currently has an average rating of "Moderate Buy" and an average target price of $125.50.

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.