Exxon Mobil Co. (NYSE:XOM) Shares Bought by Csenge Advisory Group

Csenge Advisory Group lifted its position in shares of Exxon Mobil Co. (NYSE:XOMFree Report) by 16.3% in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 91,941 shares of the oil and gas company’s stock after buying an additional 12,868 shares during the quarter. Exxon Mobil makes up about 0.7% of Csenge Advisory Group’s holdings, making the stock its 28th largest position. Csenge Advisory Group’s holdings in Exxon Mobil were worth $10,082,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in the business. Cookson Peirce & Co. Inc. lifted its holdings in Exxon Mobil by 16.6% in the 4th quarter. Cookson Peirce & Co. Inc. now owns 10,333 shares of the oil and gas company’s stock valued at $1,140,000 after purchasing an additional 1,469 shares in the last quarter. St. Louis Trust Co raised its position in shares of Exxon Mobil by 11.0% in the fourth quarter. St. Louis Trust Co now owns 35,533 shares of the oil and gas company’s stock valued at $3,919,000 after buying an additional 3,507 shares during the last quarter. Triasima Portfolio Management inc. lifted its stake in shares of Exxon Mobil by 3.5% during the first quarter. Triasima Portfolio Management inc. now owns 4,563 shares of the oil and gas company’s stock valued at $500,000 after buying an additional 153 shares during the period. Kestra Private Wealth Services LLC boosted its position in Exxon Mobil by 5.2% during the fourth quarter. Kestra Private Wealth Services LLC now owns 117,524 shares of the oil and gas company’s stock worth $12,963,000 after acquiring an additional 5,770 shares during the last quarter. Finally, TIAA FSB grew its stake in Exxon Mobil by 8.2% in the 1st quarter. TIAA FSB now owns 509,184 shares of the oil and gas company’s stock worth $55,837,000 after acquiring an additional 38,760 shares during the period. 58.59% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling at Exxon Mobil

In other news, VP Darrin L. Talley sold 2,500 shares of the business’s stock in a transaction dated Monday, May 1st. The shares were sold at an average price of $116.11, for a total value of $290,275.00. Following the completion of the sale, the vice president now owns 29,272 shares of the company’s stock, valued at approximately $3,398,771.92. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 0.04% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

A number of equities research analysts have recently commented on XOM shares. Jefferies Financial Group dropped their target price on Exxon Mobil from $148.00 to $140.00 in a research note on Monday, May 15th. Piper Sandler cut their price objective on shares of Exxon Mobil from $145.00 to $127.00 in a report on Tuesday, June 13th. Truist Financial raised their target price on shares of Exxon Mobil from $116.00 to $118.00 in a research report on Monday, May 1st. UBS Group raised shares of Exxon Mobil from a “neutral” rating to a “buy” rating and increased their price target for the stock from $125.00 to $144.00 in a research note on Tuesday, April 18th. Finally, Wolfe Research cut shares of Exxon Mobil from an “outperform” rating to a “peer perform” rating in a research note on Friday, July 7th. They noted that the move was a valuation call. One equities research analyst has rated the stock with a sell rating, ten have given a hold rating and twelve have given a buy rating to the company’s stock. Based on data from MarketBeat, Exxon Mobil presently has a consensus rating of “Hold” and a consensus price target of $124.66.

Exxon Mobil Stock Performance

NYSE:XOM opened at $103.89 on Monday. Exxon Mobil Co. has a 1-year low of $83.89 and a 1-year high of $119.92. The stock has a market cap of $420.03 billion, a P/E ratio of 7.03, a PEG ratio of 0.58 and a beta of 1.08. The company has a debt-to-equity ratio of 0.19, a current ratio of 1.46 and a quick ratio of 1.10. The firm has a 50-day moving average of $104.93 and a two-hundred day moving average of $109.30.

Exxon Mobil (NYSE:XOMGet Free Report) last issued its quarterly earnings data on Friday, April 28th. The oil and gas company reported $2.83 earnings per share for the quarter, beating analysts’ consensus estimates of $2.65 by $0.18. The firm had revenue of $86.56 billion during the quarter, compared to analyst estimates of $90.07 billion. Exxon Mobil had a return on equity of 31.48% and a net margin of 15.06%. Exxon Mobil’s quarterly revenue was down 4.3% on a year-over-year basis. During the same quarter last year, the firm earned $2.07 EPS. On average, research analysts expect that Exxon Mobil Co. will post 9.11 earnings per share for the current fiscal year.

Exxon Mobil Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, June 9th. Investors of record on Tuesday, May 16th were issued a $0.91 dividend. The ex-dividend date of this dividend was Monday, May 15th. This represents a $3.64 annualized dividend and a yield of 3.50%. Exxon Mobil’s dividend payout ratio is presently 24.64%.

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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Institutional Ownership by Quarter for Exxon Mobil (NYSE:XOM)

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