First National Bank Sioux Falls lifted its position in Exxon Mobil Co. (NYSE:XOM) by 5.5% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 10,053 shares of the oil and gas company’s stock after purchasing an additional 528 shares during the quarter. Exxon Mobil accounts for approximately 2.7% of First National Bank Sioux Falls’ holdings, making the stock its 10th biggest holding. First National Bank Sioux Falls’ holdings in Exxon Mobil were worth $686,000 at the end of the most recent reporting period.
Several other institutional investors and hedge funds have also recently bought and sold shares of XOM. C WorldWide Group Holding A S bought a new stake in shares of Exxon Mobil in the 3rd quarter worth about $363,290,000. Morgan Stanley grew its holdings in shares of Exxon Mobil by 19.6% in the 3rd quarter. Morgan Stanley now owns 22,022,731 shares of the oil and gas company’s stock worth $1,872,372,000 after purchasing an additional 3,614,568 shares during the last quarter. Vanguard Group Inc grew its holdings in shares of Exxon Mobil by 1.0% in the 3rd quarter. Vanguard Group Inc now owns 329,558,203 shares of the oil and gas company’s stock worth $28,019,038,000 after purchasing an additional 3,269,684 shares during the last quarter. Vanguard Group Inc. grew its holdings in shares of Exxon Mobil by 1.0% in the 3rd quarter. Vanguard Group Inc. now owns 329,558,203 shares of the oil and gas company’s stock worth $28,019,038,000 after purchasing an additional 3,269,684 shares during the last quarter. Finally, Rehmann Capital Advisory Group grew its holdings in shares of Exxon Mobil by 8,766.5% in the 3rd quarter. Rehmann Capital Advisory Group now owns 3,264,121 shares of the oil and gas company’s stock worth $3,009,820,000 after purchasing an additional 3,227,307 shares during the last quarter. 53.50% of the stock is currently owned by institutional investors and hedge funds.
Shares of NYSE XOM opened at $80.48 on Friday. The stock has a market cap of $346.58 billion, a P/E ratio of 16.32, a P/E/G ratio of 1.44 and a beta of 0.91. The company has a debt-to-equity ratio of 0.10, a quick ratio of 0.51 and a current ratio of 0.84. Exxon Mobil Co. has a 12-month low of $64.65 and a 12-month high of $87.36.
Exxon Mobil (NYSE:XOM) last issued its quarterly earnings results on Friday, February 1st. The oil and gas company reported $1.51 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $1.08 by $0.43. Exxon Mobil had a net margin of 7.18% and a return on equity of 10.84%. The business had revenue of $71.90 billion for the quarter, compared to the consensus estimate of $78.87 billion. During the same quarter in the prior year, the company earned $0.88 EPS. The firm’s quarterly revenue was up 8.1% on a year-over-year basis. On average, sell-side analysts forecast that Exxon Mobil Co. will post 4.07 earnings per share for the current fiscal year.
The firm also recently announced a quarterly dividend, which was paid on Monday, March 11th. Shareholders of record on Monday, February 11th were given a dividend of $0.82 per share. The ex-dividend date of this dividend was Friday, February 8th. This represents a $3.28 dividend on an annualized basis and a yield of 4.08%. Exxon Mobil’s payout ratio is presently 66.53%.
Several equities research analysts have recently weighed in on XOM shares. Royal Bank of Canada reaffirmed a “buy” rating and issued a $95.00 target price on shares of Exxon Mobil in a report on Tuesday, February 19th. Zacks Investment Research lowered shares of Exxon Mobil from a “hold” rating to a “strong sell” rating in a report on Sunday, January 6th. Wolfe Research raised shares of Exxon Mobil from a “market perform” rating to an “outperform” rating in a report on Monday, November 26th. Berenberg Bank reaffirmed a “neutral” rating and issued a $76.00 target price on shares of Exxon Mobil in a report on Wednesday, January 9th. Finally, Credit Suisse Group set a $79.00 target price on shares of Exxon Mobil and gave the stock a “neutral” rating in a report on Tuesday, December 25th. Three equities research analysts have rated the stock with a sell rating, twelve have assigned a hold rating and nine have given a buy rating to the company’s stock. Exxon Mobil presently has an average rating of “Hold” and an average target price of $84.52.
Exxon Mobil Company Profile
Exxon Mobil Corporation explores for and produces crude oil and natural gas in the United States, Canada/Other Americas, Europe, Africa, Asia, and Australia/Oceania. It operates through Upstream, Downstream, and Chemical segments. The company is also involved in the manufacture, trade, transport, and sale of crude oil, petroleum products, and other specialty products; and manufactures and markets petrochemicals, including olefins, polyolefins, aromatics, and various other petrochemicals.
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