Envestnet Asset Administration Inc. lifted its stake in Exxon Mobil Co. (NYSE:XOM – Free Report) by 7.4% within the second quarter, in keeping with the corporate in its most up-to-date disclosure with the Securities and Change Fee. The agency owned 4,588,817 shares of the oil and gasoline firm’s inventory after buying a further 317,398 shares in the course of the interval. Envestnet Asset Administration Inc. owned about 0.12% of Exxon Mobil value $528,265,000 on the finish of the newest quarter.
Different hedge funds and different institutional buyers have additionally not too long ago purchased and offered shares of the corporate. International Property Advisory LLC lifted its holdings in Exxon Mobil by 16,399.4% in the course of the 1st quarter. International Property Advisory LLC now owns 12,616,904 shares of the oil and gasoline firm’s inventory value $1,466,589,000 after shopping for a further 12,540,435 shares over the past quarter. Fisher Asset Administration LLC lifted its holdings in Exxon Mobil by 565.3% in the course of the 4th quarter. Fisher Asset Administration LLC now owns 13,180,807 shares of the oil and gasoline firm’s inventory value $1,317,817,000 after shopping for a further 11,199,696 shares over the past quarter. Capital Worldwide Traders lifted its holdings in Exxon Mobil by 25.1% in the course of the 1st quarter. Capital Worldwide Traders now owns 27,511,952 shares of the oil and gasoline firm’s inventory value $3,197,989,000 after shopping for a further 5,523,429 shares over the past quarter. Financial institution of New York Mellon Corp lifted its holdings in Exxon Mobil by 11.3% in the course of the 2nd quarter. Financial institution of New York Mellon Corp now owns 40,312,338 shares of the oil and gasoline firm’s inventory value $4,640,756,000 after shopping for a further 4,080,716 shares over the past quarter. Lastly, Worth T Rowe Associates Inc. MD lifted its holdings in Exxon Mobil by 6.3% in the course of the 1st quarter. Worth T Rowe Associates Inc. MD now owns 45,161,783 shares of the oil and gasoline firm’s inventory value $5,249,607,000 after shopping for a further 2,676,652 shares over the past quarter. 61.80% of the inventory is presently owned by hedge funds and different institutional buyers.
Exxon Mobil Inventory Efficiency
Shares of XOM inventory opened at $111.15 on Monday. The inventory has a market capitalization of $438.27 billion, a PE ratio of 13.62, a price-to-earnings-growth ratio of 4.38 and a beta of 0.90. Exxon Mobil Co. has a 52-week low of $95.77 and a 52-week excessive of $123.75. The inventory’s 50-day transferring common worth is $115.66 and its 200 day transferring common worth is $115.14. The corporate has a fast ratio of 1.01, a present ratio of 1.36 and a debt-to-equity ratio of 0.13.
Exxon Mobil (NYSE:XOM – Get Free Report) final issued its quarterly earnings outcomes on Friday, August 2nd. The oil and gasoline firm reported $2.14 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.04 by $0.10. Exxon Mobil had a return on fairness of 16.07% and a internet margin of 9.73%. The agency had income of $93.06 billion for the quarter, in comparison with analysts’ expectations of $90.09 billion. Throughout the identical quarter within the earlier yr, the agency posted $1.94 EPS. The agency’s income for the quarter was up 12.2% on a year-over-year foundation. As a bunch, equities analysis analysts forecast that Exxon Mobil Co. will put up 8.36 EPS for the present yr.
Exxon Mobil Proclaims Dividend
The agency additionally not too long ago introduced a quarterly dividend, which was paid on Tuesday, September tenth. Shareholders of report on Thursday, August fifteenth got a dividend of $0.95 per share. This represents a $3.80 annualized dividend and a yield of three.42%. The ex-dividend date of this dividend was Thursday, August fifteenth. Exxon Mobil’s payout ratio is 46.57%.
Wall Avenue Analyst Weigh In
Plenty of analysts have issued stories on XOM shares. Royal Financial institution of Canada reaffirmed a “sector carry out” ranking and set a $135.00 worth goal on shares of Exxon Mobil in a report on Tuesday, July ninth. UBS Group lifted their worth goal on Exxon Mobil from $156.00 to $157.00 and gave the inventory a “purchase” ranking in a report on Tuesday, August twentieth. Sanford C. Bernstein reduce their goal worth on Exxon Mobil from $139.00 to $138.00 and set an “outperform” ranking on the inventory in a analysis report on Wednesday, July seventeenth. Wolfe Analysis started protection on Exxon Mobil in a analysis report on Thursday, July 18th. They set an “outperform” ranking and a $146.00 goal worth on the inventory. Lastly, Wells Fargo & Firm reduce their goal worth on Exxon Mobil from $139.00 to $135.00 and set an “obese” ranking on the inventory in a analysis report on Monday, August fifth. Seven analysis analysts have rated the inventory with a maintain ranking, eleven have given a purchase ranking and one has given a robust purchase ranking to the corporate. Based on knowledge from MarketBeat.com, the inventory presently has a consensus ranking of “Average Purchase” and a consensus goal worth of $136.29.
Verify Out Our Newest Inventory Report on Exxon Mobil
Exxon Mobil Profile
Exxon Mobil Company engages within the exploration and manufacturing of crude oil and pure gasoline in the USA and internationally. It operates by way of Upstream, Vitality Merchandise, Chemical Merchandise, and Specialty Merchandise segments. The Upstream phase explores for and produces crude oil and pure gasoline.
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