Green Square Capital Advisors LLC lifted its holdings in shares of Exxon Mobil Co. (NYSE:XOM – Free Report) by 1.4% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 32,434 shares of the oil and gas company’s stock after acquiring an additional 459 shares during the period. Exxon Mobil makes up 0.4% of Green Square Capital Advisors LLC’s holdings, making the stock its 27th biggest holding. Green Square Capital Advisors LLC’s holdings in Exxon Mobil were worth $3,479,000 as of its most recent SEC filing.
Several other hedge funds and other institutional investors also recently made changes to their positions in the business. Stone House Investment Management LLC bought a new stake in Exxon Mobil in the 1st quarter worth about $25,000. Dark Forest Capital Management LP bought a new stake in Exxon Mobil in the 4th quarter worth about $27,000. KB Financial Partners LLC bought a new stake in Exxon Mobil in the 1st quarter worth about $27,000. Artemis Wealth Advisors LLC bought a new stake in Exxon Mobil in the 1st quarter worth about $36,000. Finally, Trivant Custom Portfolio Group LLC bought a new stake in Exxon Mobil in the 1st quarter worth about $38,000. 58.53% of the stock is owned by institutional investors.
Wall Street Analysts Forecast Growth
XOM has been the topic of a number of research analyst reports. Piper Sandler dropped their target price on shares of Exxon Mobil from $145.00 to $127.00 in a research note on Tuesday, June 13th. Mizuho boosted their target price on shares of Exxon Mobil from $131.00 to $139.00 and gave the company a “buy” rating in a research note on Monday, September 18th. Royal Bank of Canada reiterated a “sector perform” rating and issued a $120.00 target price on shares of Exxon Mobil in a research note on Thursday. Morgan Stanley boosted their target price on shares of Exxon Mobil from $124.00 to $131.00 and gave the company an “overweight” rating in a research note on Friday. 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. Eleven investment analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company. According to MarketBeat.com, Exxon Mobil presently has a consensus rating of “Moderate Buy” and a consensus price target of $123.74.
Insider Transactions at Exxon Mobil
In related news, Director Jeffrey W. Ubben purchased 458,000 shares of the firm’s stock in a transaction dated Monday, July 31st. The shares were purchased at an average price of $106.93 per share, with a total value of $48,973,940.00. Following the acquisition, the director now directly owns 1,635,000 shares of the company’s stock, valued at $174,830,550. The purchase was disclosed in a document filed with the SEC, which is available through this hyperlink. In related news, VP Darrin L. Talley sold 1,500 shares of the stock in a transaction on Tuesday, September 5th. The shares were sold at an average price of $115.00, for a total transaction of $172,500.00. Following the transaction, the vice president now owns 27,772 shares of the company’s stock, valued at approximately $3,193,780. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, Director Jeffrey W. Ubben bought 458,000 shares of Exxon Mobil stock in a transaction that occurred on Monday, July 31st. The shares were acquired at an average cost of $106.93 per share, for a total transaction of $48,973,940.00. Following the acquisition, the director now owns 1,635,000 shares in the company, valued at approximately $174,830,550. The disclosure for this purchase can be found here. Insiders own 0.06% of the company’s stock.
Exxon Mobil Stock Performance
NYSE XOM opened at $114.94 on Friday. Exxon Mobil Co. has a 1 year low of $83.89 and a 1 year high of $119.92. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.48 and a quick ratio of 1.09. The stock has a market capitalization of $460.13 billion, a PE ratio of 9.20, a P/E/G ratio of 0.60 and a beta of 1.08. The company’s 50 day simple moving average is $109.82 and its two-hundred day simple moving average is $108.67.
Exxon Mobil (NYSE:XOM – Get Free Report) last posted its earnings results on Friday, July 28th. The oil and gas company reported $1.94 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.00 by ($0.06). Exxon Mobil had a return on equity of 25.82% and a net margin of 13.72%. The firm had revenue of $82.91 billion during the quarter, compared to analysts’ expectations of $81.80 billion. During the same quarter in the prior year, the company earned $4.14 earnings per share. The business’s revenue for the quarter was down 28.3% compared to the same quarter last year. Analysts predict that Exxon Mobil Co. will post 8.94 earnings per share for the current fiscal year.
Exxon Mobil Dividend Announcement
The business also recently declared a quarterly dividend, which was paid on Monday, September 11th. Stockholders of record on Wednesday, August 16th were issued a $0.91 dividend. This represents a $3.64 dividend on an annualized basis and a dividend yield of 3.17%. The ex-dividend date was Tuesday, August 15th. Exxon Mobil’s payout ratio is 29.12%.
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.
Featured Stories
- Five stocks we like better than Exxon Mobil
- EV Stocks and How to Profit from Them
- 3 Reasons This Sleeping Giant Is About To Wake Up
- Comparing and Trading High PE Ratio Stocks
- MarketBeat Week in Review – 9/18 – 9/22
- 3 Stocks to Protect Your Portfolio from the Coronavirus Contagion
- 52-week Low Names To Tip The Upside Scale In Your Favor
Want to see what other hedge funds are holding XOM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Exxon Mobil Co. (NYSE:XOM – Free Report).
Receive News & Ratings for Exxon Mobil Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Exxon Mobil and related companies with MarketBeat.com's FREE daily email newsletter.
