Achmea Investment Management B.V. lifted its position in shares of Exxon Mobil Co. (NYSE:XOM – Free Report) by 29.4% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 592,795 shares of the oil and gas company’s stock after purchasing an additional 134,825 shares during the quarter. Exxon Mobil makes up about 1.3% of Achmea Investment Management B.V.’s investment portfolio, making the stock its 7th largest position. Achmea Investment Management B.V.’s holdings in Exxon Mobil were worth $63,577,000 at the end of the most recent reporting period.
Several other institutional investors also recently modified their holdings of XOM. Bank Julius Baer & Co. Ltd Zurich grew its holdings in shares of Exxon Mobil by 100,169.8% during the 2nd quarter. Bank Julius Baer & Co. Ltd Zurich now owns 1,032,339,935 shares of the oil and gas company’s stock worth $110,718,458,000 after purchasing an additional 1,031,310,373 shares in the last quarter. Moneta Group Investment Advisors LLC grew 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 purchasing an additional 123,254,064 shares in the last quarter. Norges Bank acquired a new stake in shares of Exxon Mobil during the 4th quarter worth approximately $5,226,390,000. Price T Rowe Associates Inc. MD grew its holdings in shares of Exxon Mobil by 16.0% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 47,592,122 shares of the oil and gas company’s stock worth $5,218,954,000 after purchasing an additional 6,580,247 shares in the last quarter. Finally, Envestnet Asset Management Inc. grew its holdings in shares of Exxon Mobil by 188.6% during the 1st quarter. Envestnet Asset Management Inc. now owns 8,740,551 shares of the oil and gas company’s stock worth $327,573,000 after purchasing an additional 5,711,599 shares in the last quarter. Institutional investors and hedge funds own 58.53% of the company’s stock.
Insider Activity at Exxon Mobil
In related news, Director Jeffrey W. Ubben acquired 458,000 shares of the company’s stock in a transaction that occurred on Monday, July 31st. The stock was acquired at an average price of $106.93 per share, for a total transaction of $48,973,940.00. Following the completion of the acquisition, the director now owns 1,635,000 shares of the company’s stock, valued at approximately $174,830,550. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In other Exxon Mobil news, VP Darrin L. Talley sold 1,500 shares of the stock in a transaction dated Tuesday, September 5th. The stock was sold at an average price of $115.00, for a total value of $172,500.00. Following the completion of the sale, the vice president now directly owns 27,772 shares in the company, valued at $3,193,780. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Jeffrey W. Ubben purchased 458,000 shares of the stock in a transaction on Monday, July 31st. The stock was acquired at an average price of $106.93 per share, with a total value of $48,973,940.00. Following the completion of the acquisition, the director now directly owns 1,635,000 shares of the company’s stock, valued at $174,830,550. The disclosure for this purchase can be found here. 0.06% of the stock is currently owned by corporate insiders.
Wall Street Analyst Weigh In
Exxon Mobil Trading Down 1.7 %
XOM stock opened at $107.17 on Monday. The company has a market cap of $429.02 billion, a P/E ratio of 8.57, a PEG ratio of 0.44 and a beta of 1.05. Exxon Mobil Co. has a twelve month low of $96.75 and a twelve month high of $120.70. The company has a quick ratio of 1.09, a current ratio of 1.48 and a debt-to-equity ratio of 0.18. The business has a fifty day moving average of $112.06 and a 200-day moving average of $109.36.
Exxon Mobil (NYSE:XOM – Get Free Report) last released its earnings results on Friday, July 28th. The oil and gas company reported $1.94 earnings per share for the quarter, missing analysts’ consensus estimates of $2.00 by ($0.06). The firm had revenue of $82.91 billion for the quarter, compared to the consensus estimate of $81.80 billion. Exxon Mobil had a return on equity of 25.82% and a net margin of 13.72%. The company’s revenue was down 28.3% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $4.14 EPS. As a group, equities research analysts expect that Exxon Mobil Co. will post 9.25 EPS for the current year.
Exxon Mobil Announces Dividend
The business also recently disclosed a quarterly dividend, which was paid on Monday, September 11th. Investors of record on Wednesday, August 16th were issued a $0.91 dividend. The ex-dividend date of this dividend was Tuesday, August 15th. This represents a $3.64 dividend on an annualized basis and a yield of 3.40%. Exxon Mobil’s dividend payout ratio is presently 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.
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