FCF Advisors LLC lifted its stake in Exxon Mobil Co. (NYSE:XOM – Free Report) by 25.9% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 36,546 shares of the oil and gas company’s stock after buying an additional 7,522 shares during the period. Exxon Mobil makes up approximately 2.1% of FCF Advisors LLC’s investment portfolio, making the stock its 3rd biggest position. FCF Advisors LLC’s holdings in Exxon Mobil were worth $4,008,000 as of its most recent SEC filing.
Several other institutional investors have also made changes to their positions in the stock. Moneta Group Investment Advisors LLC boosted its stake in shares of Exxon Mobil by 140,855.3% in the fourth quarter. Moneta Group Investment Advisors LLC now owns 123,341,568 shares of the oil and gas company’s stock valued at $13,604,575,000 after buying an additional 123,254,064 shares during the period. Morgan Stanley boosted its stake in shares of Exxon Mobil by 11.9% in the fourth quarter. Morgan Stanley now owns 52,478,674 shares of the oil and gas company’s stock valued at $5,788,398,000 after buying an additional 5,566,797 shares during the period. Norges Bank bought a new stake in shares of Exxon Mobil in the fourth quarter valued at approximately $5,226,390,000. Price T Rowe Associates Inc. MD boosted its stake in shares of Exxon Mobil by 3.4% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 41,011,875 shares of the oil and gas company’s stock valued at $4,523,610,000 after buying an additional 1,344,934 shares during the period. Finally, Charles Schwab Investment Management Inc. boosted its stake in shares of Exxon Mobil by 1.8% in the first quarter. Charles Schwab Investment Management Inc. now owns 31,180,397 shares of the oil and gas company’s stock valued at $2,575,190,000 after buying an additional 560,517 shares during the period. 58.59% of the stock is currently owned by institutional investors.
Exxon Mobil Stock Performance
Shares of Exxon Mobil stock opened at $107.46 on Tuesday. The company has a quick ratio of 1.10, a current ratio of 1.46 and a debt-to-equity ratio of 0.19. Exxon Mobil Co. has a twelve month low of $80.69 and a twelve month high of $119.92. The stock has a market cap of $434.46 billion, a price-to-earnings ratio of 7.28, a P/E/G ratio of 0.64 and a beta of 1.09. The company’s fifty day moving average is $106.89 and its 200 day moving average is $109.69.
Exxon Mobil Announces Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Friday, June 9th. Investors of record on Tuesday, May 16th were paid a $0.91 dividend. The ex-dividend date of this dividend was Monday, May 15th. This represents a $3.64 annualized dividend and a dividend yield of 3.39%. Exxon Mobil’s dividend payout ratio is 24.64%.
Analyst Ratings Changes
Several equities research analysts recently issued reports on the company. Morgan Stanley boosted their price target on Exxon Mobil from $118.00 to $122.00 in a research note on Tuesday, May 2nd. HSBC boosted their price objective on shares of Exxon Mobil from $113.50 to $115.50 and gave the company a “hold” rating in a research report on Thursday, April 20th. Truist Financial boosted their price objective on shares of Exxon Mobil from $116.00 to $118.00 in a research report on Monday, May 1st. Piper Sandler lowered their price objective on shares of Exxon Mobil from $145.00 to $127.00 in a research report on Tuesday, June 13th. Finally, StockNews.com assumed coverage on shares of Exxon Mobil in a research report on Thursday, May 18th. They set a “hold” rating for the company. One analyst has rated the stock with a sell rating, nine have given a hold rating and twelve have issued a buy rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $124.70.
Insider Buying and Selling at Exxon Mobil
In other Exxon Mobil news, VP Darrin L. Talley sold 2,500 shares of the company’s stock in a transaction on Monday, May 1st. The shares were sold at an average price of $116.11, for a total transaction of $290,275.00. Following the sale, the vice president now owns 29,272 shares of the company’s stock, valued at $3,398,771.92. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 0.06% of the company’s stock.
About Exxon Mobil
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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