Baker Boyer National Bank decreased its stake in shares of Exxon Mobil Co. (NYSE:XOM – Free Report) by 1.9% in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 6,105 shares of the oil and gas company’s stock after selling 118 shares during the quarter. Baker Boyer National Bank’s holdings in Exxon Mobil were worth $655,000 as of its most recent filing with the Securities & Exchange Commission.
Several other large investors also recently modified their holdings of XOM. Moneta Group Investment Advisors LLC grew its position in shares of Exxon Mobil by 140,855.3% during the 4th quarter. Moneta Group Investment Advisors LLC now owns 123,341,568 shares of the oil and gas company’s stock worth $13,604,575,000 after buying an additional 123,254,064 shares during the period. Norges Bank acquired a new stake in shares of Exxon Mobil during the 4th quarter worth approximately $5,226,390,000. Price T Rowe Associates Inc. MD grew its position in shares of Exxon Mobil by 16.0% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 47,592,122 shares of the oil and gas company’s stock worth $5,218,954,000 after buying an additional 6,580,247 shares during the period. Envestnet Asset Management Inc. grew its position in shares of Exxon Mobil by 188.6% during the 1st quarter. Envestnet Asset Management Inc. now owns 8,740,551 shares of the oil and gas company’s stock worth $327,573,000 after buying an additional 5,711,599 shares during the period. Finally, Morgan Stanley grew its position in shares of Exxon Mobil by 11.9% during the 4th quarter. Morgan Stanley now owns 52,478,674 shares of the oil and gas company’s stock worth $5,788,398,000 after buying an additional 5,566,797 shares during the period. Institutional investors and hedge funds own 58.53% of the company’s stock.
Insider Activity at Exxon Mobil
In related news, VP Darrin L. Talley sold 1,500 shares of the business’s stock in a transaction dated Tuesday, September 5th. The stock was sold at an average price of $115.00, for a total value of $172,500.00. Following the sale, the vice president now directly owns 27,772 shares in the company, valued at approximately $3,193,780. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. In other news, VP Darrin L. Talley sold 1,500 shares of the company’s stock in a transaction dated Tuesday, September 5th. The stock was sold at an average price of $115.00, for a total transaction of $172,500.00. Following the sale, the vice president now directly owns 27,772 shares in the company, valued at $3,193,780. The sale was disclosed in a document filed with the SEC, which is available at this link. Also, Director Jeffrey W. Ubben purchased 458,000 shares of the firm’s stock in a transaction dated Monday, July 31st. The shares were bought at an average price of $106.93 per share, for a total transaction of $48,973,940.00. Following the completion of the transaction, the director now owns 1,635,000 shares of the company’s stock, valued at $174,830,550. The disclosure for this purchase can be found here. 0.04% of the stock is currently owned by company insiders.
Analyst Ratings Changes
Exxon Mobil Trading Up 0.8 %
NYSE XOM opened at $117.69 on Tuesday. The stock has a market capitalization of $471.14 billion, a price-to-earnings ratio of 9.42, a PEG ratio of 0.61 and a beta of 1.08. Exxon Mobil Co. has a one year low of $83.89 and a one year high of $119.92. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.48 and a quick ratio of 1.09. The business’s fifty day moving average is $108.65 and its 200-day moving average is $108.49.
Exxon Mobil (NYSE:XOM – Get Free Report) last released its earnings results on Friday, July 28th. The oil and gas company reported $1.94 EPS for the quarter, missing analysts’ consensus estimates of $2.00 by ($0.06). Exxon Mobil had a return on equity of 25.82% and a net margin of 13.72%. The business had revenue of $82.91 billion for the quarter, compared to the consensus estimate of $81.80 billion. During the same quarter in the previous year, the firm earned $4.14 earnings per share. The company’s revenue for the quarter was down 28.3% on a year-over-year basis. Equities research analysts predict that Exxon Mobil Co. will post 8.94 EPS for the current year.
Exxon Mobil Dividend Announcement
The company also recently disclosed a quarterly dividend, which was paid on Monday, September 11th. Investors of record on Wednesday, August 16th were paid a $0.91 dividend. This represents a $3.64 dividend on an annualized basis and a yield of 3.09%. The ex-dividend date was Tuesday, August 15th. Exxon Mobil’s dividend payout ratio is currently 29.12%.
Exxon Mobil Profile
Exxon Mobil Corporation engages in the exploration and production of crude oil and natural gas in the United States and internationally. It operates through Upstream, Energy Products, Chemical Products, and Specialty Products segments. The Upstream segment explores for and produces crude oil and natural gas.
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