Legacy Capital Partners Inc. boosted its holdings in Exxon Mobil Co. (NYSE: XOM – Get Rating) by 0.4% in the first quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 71,260 shares of the oil and gas company stock after purchasing an additional 319 shares during the quarter. Exxon Mobil comprises 1.9% of Legacy Capital Partners Inc.’s holdings, making its stock its 11th largest holding. Legacy Capital Partners Inc.’s holdings in Exxon Mobil were worth $ 5,885,000 as of its most recent SEC filing.
A number of other hedge funds have also modified their holdings of the business. Norges Bank bought a new stake in shares of Exxon Mobil during the fourth quarter valued at approximately $ 3,184,424,000. GQG Partners LLC increased its holdings in shares of Exxon Mobil by 21.8% during the fourth quarter. GQG Partners LLC now owns 32,397,153 shares of oil and gas company stock valued at $ 1,982,114,000 after acquiring an additional 5,807,202 shares in the last quarter. Renaissance Technologies LLC increased its holdings in shares of Exxon Mobil by 134.3% during the fourth quarter. Renaissance Technologies LLC now owns 6,313,354 shares of the oil and gas company stock valued at $ 386,314,000 after acquiring an additional 3,619,270 shares in the last quarter. Geode Capital Management LLC increased its holdings in shares of Exxon Mobil by 5.1% during the fourth quarter. Geode Capital Management LLC now owns 70,815,006 shares of oil and gas company stock valued at $ 4,322,078,000 after acquiring an additional 3,441,825 shares in the last quarter. Finally, American Century Companies Inc. increased its holdings in shares of Exxon Mobil by 324.1% during the fourth quarter. American Century Companies Inc. now owns 2,618,221 shares of the oil and gas company stock valued at $ 160,209,000 after acquiring an additional 2,000,928 shares in the last quarter. Institutional investors and hedge funds own 54.07% of the company stock.
NYSE: XOM opened at $ 91.48 on Wednesday. The company has a debt-to-equity ratio of 0.24, a quick ratio of 0.76 and a current ratio of 1.07. Exxon Mobil Co. has a 52-week low of $ 52.10 and a 52-week high of $ 105.57. The firm has a market cap of $ 385.36 billion, a price-to-earnings ratio of 15.17, a PEG ratio of 0.35 and a beta of 1.05. The business’s fifty day moving average is $ 91.51 and its 200 day moving average is $ 80.59.
Exxon Mobil (NYSE: XOM – Get Rating) last released its quarterly earnings data on Friday, April 29th. The oil and gas company reported $ 2.07 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $ 2.25 by ($ 0.18). Exxon Mobil had a net margin of 8.14% and a return on equity of 16.97%. The company had revenue of $ 90.50 billion for the quarter, compared to the estimate consensus of $ 83.57 billion. During the same quarter in the previous year, the firm posted $ 0.65 earnings per share. The business’s revenue for the quarter was up 53.0% compared to the same quarter last year. Equities analysts predict that Exxon Mobil Co. will post 10.26 EPS for the current fiscal year.
The business also recently disclosed a quarterly dividend, which was paid on Friday, June 10th. Investors of record on Friday, May 13th were paid a dividend of $ 0.88 per share. The ex-dividend date of this dividend was Thursday, May 12th. This represents a $ 3.52 dividend on an annualized basis and a dividend yield of 3.85%. Exxon Mobil’s payout ratio is 58.37%.
Several equities research analysts have recently commented on the company. Truist Financial boosted their price objective on Exxon Mobil from $ 75.00 to $ 84.00 in a report on Thursday, April 21st. BMO Capital Markets lifted their target price on Exxon Mobil from $ 73.00 to $ 86.00 and gave the company a “hold” rating in a research report on Thursday, March 3rd. MKM Partners lifted their target price on Exxon Mobil from $ 81.00 to $ 84.00 and gave the company a “buy” rating in a research report on Monday, March 7th. Morgan Stanley lifted their target price on Exxon Mobil from $ 103.00 to $ 107.00 and gave the company an “overweight” rating in a research report on Monday, June 6th. Finally, Cowen lifted their target price on Exxon Mobil from $ 77.00 to $ 90.00 in a research report on Monday, May 2nd. Two equities research analysts have rated the stock with a sell rating, ten have given 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 “Hold” and a consensus target price of $ 89.24.
In other Exxon Mobil news, VP Darrin L. Talley sold 2,147 shares of the company stock in a transaction dated Tuesday, June 7th. The stock was sold at an average price of $ 102.81, for a total value of $ 220,733.07. Following the transaction, the vice president now directly owns 30,363 shares in the company, valued at approximately $ 3,121,620.03. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, VP Darrin L. Talley sold 2,500 shares of the company stock in a transaction dated Thursday, May 26th. The stock was sold at an average price of $ 96.65, for a total value of $ 241,625.00. Following the completion of the transaction, the vice president now owns 32,510 shares in the company, valued at $ 3,142,091.50. The disclosure for this sale can be found here. Insiders own 0.04% of the company stock.
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.
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.