Wealth Architects LLC raised its holdings in Exxon Mobil Co. (NYSE:XOM – Free Report) by 0.8% in the 1st quarter, according to its most recent 13F filing with the SEC. The fund owned 14,055 shares of the oil and gas company’s stock after acquiring an additional 112 shares during the period. Wealth Architects LLC’s holdings in Exxon Mobil were worth $1,541,000 at the end of the most recent reporting period.
Several other institutional investors also recently bought and sold shares of XOM. Moneta Group Investment Advisors LLC increased its holdings in shares of Exxon Mobil by 140,855.3% during the 4th quarter. Moneta Group Investment Advisors LLC now owns 123,341,568 shares of the oil and gas company’s stock worth $13,604,575,000 after buying an additional 123,254,064 shares during the last quarter. Norges Bank acquired a new stake in shares of Exxon Mobil during the 4th quarter worth $5,226,390,000. Morgan Stanley increased its holdings in shares of Exxon Mobil by 11.9% during the 4th quarter. Morgan Stanley now owns 52,478,674 shares of the oil and gas company’s stock worth $5,788,398,000 after buying an additional 5,566,797 shares during the last quarter. Assenagon Asset Management S.A. increased its holdings in shares of Exxon Mobil by 272.4% during the 4th quarter. Assenagon Asset Management S.A. now owns 2,606,938 shares of the oil and gas company’s stock worth $287,545,000 after buying an additional 1,906,940 shares during the last quarter. Finally, CI Private Wealth LLC acquired a new stake in shares of Exxon Mobil during the 4th quarter worth $209,464,000. 58.59% of the stock is currently owned by institutional investors and hedge funds.
Insider Buying and Selling
In other Exxon Mobil news, VP Darrin L. Talley sold 2,500 shares of the firm’s stock in a transaction that occurred on Monday, May 1st. The shares were sold at an average price of $116.11, for a total value of $290,275.00. Following the sale, the vice president now owns 29,272 shares in the company, valued at $3,398,771.92. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 0.04% of the stock is owned by company insiders.
Wall Street Analysts Forecast Growth
Exxon Mobil Price Performance
XOM opened at $104.75 on Tuesday. The firm has a market cap of $423.50 billion, a price-to-earnings ratio of 7.09, a price-to-earnings-growth ratio of 0.55 and a beta of 1.08. Exxon Mobil Co. has a fifty-two week low of $80.69 and a fifty-two week high of $119.92. The company’s 50-day moving average price is $105.76 and its 200 day moving average price is $109.65. 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 (NYSE:XOM – Get Free Report) last released its quarterly earnings data on Friday, April 28th. The oil and gas company reported $2.83 earnings per share for the quarter, topping the consensus estimate of $2.65 by $0.18. The firm had revenue of $86.56 billion for the quarter, compared to analyst estimates of $90.07 billion. Exxon Mobil had a net margin of 15.06% and a return on equity of 31.48%. Exxon Mobil’s quarterly revenue was down 4.3% on a year-over-year basis. During the same quarter in the prior year, the business earned $2.07 earnings per share. As a group, sell-side analysts expect that Exxon Mobil Co. will post 9.58 earnings per share for the current year.
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 dividend of $0.91 per share. The ex-dividend date of this dividend was Monday, May 15th. This represents a $3.64 annualized dividend and a yield of 3.47%. Exxon Mobil’s dividend payout ratio (DPR) is 24.64%.
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.
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