Acropolis Investment Management LLC grew its holdings in shares of Exxon Mobil Co. (NYSE: XOM – Get Rating) by 3.9% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 31,619 shares of the oil and gas company stock after purchasing an additional 1,187 shares during the period. Acropolis Investment Management LLC’s holdings in Exxon Mobil were worth $ 2,611,000 as of its most recent filing with the Securities and Exchange Commission.
Several other large investors have also bought and sold shares of XOM. Guardian Wealth Management Inc. bought a new position in shares of Exxon Mobil during the 4th quarter valued at about $ 30,000. Horan Securities Inc. bought a new position in shares of Exxon Mobil during the 4th quarter valued at about $ 31,000. West Bancorporation Inc. bought a new position in shares of Exxon Mobil during the 4th quarter valued at about $ 32,000. Nvwm LLC boosted its position in shares of Exxon Mobil by 100.0% during the 4th quarter. Nvwm LLC now owns 600 shares of the oil and gas company stock valued at $ 36,000 after purchasing an additional 300 shares in the last quarter. Finally, Core Wealth Advisors Inc. boosted its holdings in shares of Exxon Mobil by 454.5% in the fourth quarter. Core Wealth Advisors Inc. now owns 610 shares of the oil and gas company stock worth $ 37,000 after buying an additional 500 shares during the period. Institutional investors own 54.07% of the company stock.
Shares of XOM stock opened at $ 86.12 on Tuesday. The business’s 50 day moving average is $ 91.39 and its two-hundred day moving average is $ 80.51. The company has a market cap of $ 362.78 billion, a PE ratio of 14.28, a price-to-earnings-growth ratio of 0.35 and a beta of 1.05. The company has a quick ratio of 0.76, a current ratio of 1.07 and a debt-to-equity ratio of 0.24. Exxon Mobil Co. has a 12 month low of $ 52.10 and a 12 month high of $ 105.57.
Exxon Mobil (NYSE: XOM – Get Rating) last posted its quarterly earnings results on Friday, April 29th. The oil and gas company reported $ 2.07 earnings per share for the quarter, missing analysts’ consensus estimates of $ 2.25 by ($ 0.18). Exxon Mobil had a return on equity of 16.97% and a net margin of 8.14%. The business had revenue of $ 90.50 billion for the quarter, compared to analyst estimates of $ 83.57 billion. During the same quarter in the prior year, the firm earned $ 0.65 EPS. The firm’s quarterly revenue was up 53.0% on a year-over-year basis. As a group, equities analysts expect that Exxon Mobil Co. will post 10.26 EPS for the current fiscal year.
The firm also recently declared a quarterly dividend, which was paid on Friday, June 10th. Shareholders of record on Friday, May 13th were paid a dividend of $ 0.88 per share. The ex-dividend date was Thursday, May 12th. This represents a $ 3.52 dividend on an annualized basis and a yield of 4.09%. Exxon Mobil’s dividend payout ratio is currently 58.37%.
In other Exxon Mobil news, VP Darrin L. Talley sold 2,147 shares of Exxon Mobil stock in a transaction on Tuesday, June 7th. The stock was sold at an average price of $ 102.81, for a total transaction of $ 220,733.07. Following the completion of the transaction, the vice president now directly owns 30,363 shares of the company stock, valued at $ 3,121,620.03. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, VP Darrin L. Talley sold 2,500 shares of Exxon Mobil stock in a transaction on Thursday, May 26th. The shares were sold at an average price of $ 96.65, for a total value of $ 241,625.00. Following the transaction, the vice president now directly owns 32,510 shares of the company stock, valued at $ 3,142,091.50. The disclosure for this sale can be found here. 0.04% of the stock is currently owned by company insiders.
Several research analysts have commented on XOM shares. Barclays raised their target price on shares of Exxon Mobil from $ 98.00 to $ 111.00 and gave the stock an “overweight” rating in a report on Tuesday, May 31st. Evercore ISI upgraded shares of Exxon Mobil from an “in-line” rating to an “outperform” rating and raised their target price for the stock from $ 88.00 to $ 120.00 in a report on Tuesday, June 7th. They noted that the move was a valuation call. BMO Capital Markets raised their target price on shares of Exxon Mobil from $ 73.00 to $ 86.00 and gave the stock a “hold” rating in a report on Thursday, March 3rd. Argus raised their target price on shares of Exxon Mobil from $ 92.00 to $ 104.00 in a report on Monday, May 9th. Finally, Royal Bank of Canada raised shares of Exxon Mobil from a “sector perform” rating to an “outperform” rating and increased their price target for the stock from $ 90.00 to $ 100.00 in a research report on Thursday, April 21st. Two equities research analysts have rated the stock with a sell rating, eleven have assigned a hold rating and ten have issued a buy rating to the company stock. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $ 88.80.
Exxon Mobil Profile: (Get Rating)
Exxon Mobil Corporation explores for and produces crude oil and natural gas in the United States and internationally. It operates through Upstream, Downstream, and Chemical segments. The company is also involved in the manufacture, trade, transport, and sale of crude oil, natural gas, petroleum products, petrochemicals, and other specialty products; manufactures and sells petrochemicals, including olefins, polyolefins, aromatics, and various other petrochemicals; and captures and stores carbon, hydrogen, and biofuels.
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