Wealth Dimensions Group Ltd. lifted its holdings in Exxon Mobil Co. (NYSE:XOM – Get Rating) by 5.8% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 19,720 shares of the oil and gas company’s stock after acquiring an additional 1,084 shares during the quarter. Exxon Mobil comprises about 0.9% of Wealth Dimensions Group Ltd.’s investment portfolio, making the stock its 20th largest position. Wealth Dimensions Group Ltd.’s holdings in Exxon Mobil were worth $2,175,000 as of its most recent filing with the Securities & Exchange Commission.
Other hedge funds and other institutional investors have also modified their holdings of the company. Axiom Financial Strategies LLC increased its stake in shares of Exxon Mobil by 17.4% in the first quarter. Axiom Financial Strategies LLC now owns 7,909 shares of the oil and gas company’s stock worth $680,000 after purchasing an additional 1,173 shares during the period. Retirement Income Solutions Inc bought a new position in shares of Exxon Mobil in the first quarter worth about $275,000. Loomis Sayles & Co. L P increased its stake in shares of Exxon Mobil by 318.8% in the first quarter. Loomis Sayles & Co. L P now owns 17,163 shares of the oil and gas company’s stock worth $1,417,000 after purchasing an additional 13,065 shares during the period. Ergoteles LLC increased its stake in shares of Exxon Mobil by 95.6% in the first quarter. Ergoteles LLC now owns 15,843 shares of the oil and gas company’s stock worth $1,308,000 after purchasing an additional 7,744 shares during the period. Finally, Bridgefront Capital LLC bought a new position in shares of Exxon Mobil in the first quarter worth about $237,000. Institutional investors and hedge funds own 57.49% of the company’s stock.
Insider Transactions at Exxon Mobil
In related news, VP Darrin L. Talley sold 2,500 shares of the firm’s stock in a transaction dated Monday, May 1st. The shares were sold at an average price of $116.11, for a total value of $290,275.00. Following the completion of the sale, the vice president now directly owns 29,272 shares in the company, valued at approximately $3,398,771.92. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Company insiders own 0.06% of the company’s stock.
Analyst Upgrades and Downgrades
Exxon Mobil Stock Down 0.3 %
Shares of Exxon Mobil stock traded down $0.32 during trading hours on Friday, reaching $105.34. 4,455,325 shares of the company’s stock were exchanged, compared to its average volume of 16,180,872. The company has a 50 day moving average of $110.33 and a two-hundred day moving average of $110.59. Exxon Mobil Co. has a fifty-two week low of $80.69 and a fifty-two week high of $119.92. The company has a current ratio of 1.46, a quick ratio of 1.10 and a debt-to-equity ratio of 0.19. The stock has a market cap of $425.89 billion, a P/E ratio of 7.23, a P/E/G ratio of 0.63 and a beta of 1.09.
Exxon Mobil (NYSE:XOM – Get Rating) last posted its quarterly earnings data on Friday, April 28th. The oil and gas company reported $2.83 EPS for the quarter, topping analysts’ consensus estimates of $2.65 by $0.18. Exxon Mobil had a net margin of 15.06% and a return on equity of 31.48%. The company had revenue of $86.56 billion during the quarter, compared to the consensus estimate of $90.07 billion. During the same period in the prior year, the business posted $2.07 EPS. The company’s quarterly revenue was down 4.3% on a year-over-year basis. On average, sell-side analysts forecast that Exxon Mobil Co. will post 9.59 EPS for the current fiscal year.
Exxon Mobil Announces Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Friday, June 9th. Stockholders of record on Tuesday, May 16th will be paid a dividend of $0.91 per share. The ex-dividend date of this dividend is Monday, May 15th. This represents a $3.64 dividend on an annualized basis and a dividend yield of 3.46%. Exxon Mobil’s dividend payout ratio is 24.64%.
Exxon Mobil Company Profile
Exxon Mobil Corp. engages in the exploration, development, and distribution of oil, gas, and petroleum products. It operates through the following segments: Upstream, Downstream and Chemical. The Upstream segment produces crude oil and natural gas. The Downstream segment manufactures and trades petroleum products.
- Get a free copy of the StockNews.com research report on Exxon Mobil (XOM)
- Big Lots Becomes A Stomach Churning Value Play
- The Melt-Up In Marvell Is On; But Don’t Chase It Higher
- Is Apple a Growth Stock or a Value Stock?
- Costco’s Earnings Call Reassure Economists, Recession Cancelled
- Hot Inflation, What It Means For The Summer Rally
Want to see what other hedge funds are holding XOM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Exxon Mobil Co. (NYSE:XOM – Get Rating).
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.