Vestmark Advisory Solutions Inc. Acquires 56,262 Shares of Exxon Mobil Corporation $XOM

Vestmark Advisory Solutions Inc. boosted its position in shares of Exxon Mobil Corporation (NYSE:XOMFree Report) by 241.0% during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 79,611 shares of the oil and gas company’s stock after acquiring an additional 56,262 shares during the period. Vestmark Advisory Solutions Inc.’s holdings in Exxon Mobil were worth $8,976,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. Maryland State Retirement & Pension System grew its position in Exxon Mobil by 2.6% during the 3rd quarter. Maryland State Retirement & Pension System now owns 215,892 shares of the oil and gas company’s stock worth $24,342,000 after acquiring an additional 5,573 shares during the last quarter. Linscomb Wealth Inc. increased its stake in shares of Exxon Mobil by 1.4% in the second quarter. Linscomb Wealth Inc. now owns 389,769 shares of the oil and gas company’s stock valued at $42,017,000 after buying an additional 5,527 shares in the last quarter. U.S. Capital Wealth Advisors LLC raised its holdings in shares of Exxon Mobil by 3.3% in the third quarter. U.S. Capital Wealth Advisors LLC now owns 306,658 shares of the oil and gas company’s stock valued at $34,576,000 after buying an additional 9,831 shares during the last quarter. Capital Counsel LLC NY increased its position in Exxon Mobil by 0.9% in the 2nd quarter. Capital Counsel LLC NY now owns 49,687 shares of the oil and gas company’s stock valued at $5,356,000 after acquiring an additional 460 shares in the last quarter. Finally, HORAN Wealth LLC raised its stake in shares of Exxon Mobil by 78.3% in the third quarter. HORAN Wealth LLC now owns 13,180 shares of the oil and gas company’s stock worth $1,486,000 after acquiring an additional 5,788 shares during the last quarter. Institutional investors and hedge funds own 61.80% of the company’s stock.

Exxon Mobil Trading Down 2.6%

Shares of NYSE XOM opened at $147.12 on Monday. The company’s fifty day moving average is $132.29 and its 200-day moving average is $120.23. The stock has a market cap of $613.00 billion, a price-to-earnings ratio of 21.99, a P/E/G ratio of 15.28 and a beta of 0.39. Exxon Mobil Corporation has a twelve month low of $97.80 and a twelve month high of $156.93. The company has a quick ratio of 0.79, a current ratio of 1.15 and a debt-to-equity ratio of 0.13.

Exxon Mobil (NYSE:XOMGet Free Report) last issued its quarterly earnings data on Friday, January 30th. The oil and gas company reported $1.71 EPS for the quarter, topping the consensus estimate of $1.63 by $0.08. Exxon Mobil had a return on equity of 11.21% and a net margin of 8.68%.The business had revenue of $80.04 billion for the quarter, compared to the consensus estimate of $77.98 billion. During the same quarter last year, the business posted $1.67 EPS. The firm’s revenue was down 1.3% compared to the same quarter last year. Equities research analysts predict that Exxon Mobil Corporation will post 7.43 EPS for the current year.

Exxon Mobil Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, March 10th. Shareholders of record on Thursday, February 12th will be issued a dividend of $1.03 per share. This represents a $4.12 annualized dividend and a yield of 2.8%. The ex-dividend date is Thursday, February 12th. Exxon Mobil’s dividend payout ratio (DPR) is 61.58%.

Insiders Place Their Bets

In other news, VP Darrin L. Talley sold 5,000 shares of the company’s stock in a transaction that occurred on Monday, February 2nd. The shares were sold at an average price of $139.75, for a total value of $698,750.00. Following the completion of the transaction, the vice president owned 23,584 shares in the company, valued at $3,295,864. This represents a 17.49% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Insiders have sold a total of 14,230 shares of company stock valued at $1,888,421 over the last 90 days. Insiders own 0.03% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts recently weighed in on XOM shares. Loop Capital set a $123.00 price objective on shares of Exxon Mobil in a research report on Tuesday, February 3rd. Mizuho set a $140.00 price target on Exxon Mobil in a report on Wednesday, February 4th. Sanford C. Bernstein dropped their price objective on Exxon Mobil from $142.00 to $137.00 and set an “outperform” rating for the company in a report on Monday, January 5th. BMO Capital Markets reiterated a “market perform” rating and set a $155.00 price target on shares of Exxon Mobil in a research report on Wednesday, February 4th. Finally, Scotiabank reaffirmed an “outperform” rating on shares of Exxon Mobil in a research note on Friday, January 16th. Nine research analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $140.59.

View Our Latest Stock Analysis on Exxon Mobil

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Exxon Mobil Profile

(Free Report)

Exxon Mobil Corporation (NYSE: XOM) is an integrated oil and gas company engaged in the exploration, production, refining, distribution and marketing of petroleum products and the manufacture and sale of petrochemicals. Its operations span the full energy value chain, including upstream exploration and development of crude oil and natural gas; midstream transportation and storage; and downstream refining, product distribution and retail. The company also produces a broad range of chemical products for industrial and consumer applications.

ExxonMobil markets fuels and lubricants under well-known brands such as Exxon, Mobil and Esso, and its Mobil 1 motor oil is a prominent consumer product.

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

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