Exxon Mobil Corporation $XOM Stock Holdings Increased by Euro Pacific Asset Management LLC

Euro Pacific Asset Management LLC lifted its position in Exxon Mobil Corporation (NYSE:XOM) by 9.5% during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 2,080 shares of the oil and gas company’s stock after buying an additional 180 shares during the period. Euro Pacific Asset Management LLC’s holdings in Exxon Mobil were worth $209,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Graybill Wealth Management LTD. bought a new stake in shares of Exxon Mobil in the 1st quarter worth $29,000. Elequin Capital LP bought a new stake in shares of Exxon Mobil in the 1st quarter worth $31,000. Clal Insurance Enterprises Holdings Ltd raised its stake in shares of Exxon Mobil by 396.7% in the 1st quarter. Clal Insurance Enterprises Holdings Ltd now owns 298 shares of the oil and gas company’s stock worth $35,000 after buying an additional 238 shares in the last quarter. Game Plan Financial Advisors LLC raised its stake in shares of Exxon Mobil by 1,500.0% in the 1st quarter. Game Plan Financial Advisors LLC now owns 320 shares of the oil and gas company’s stock worth $38,000 after buying an additional 300 shares in the last quarter. Finally, 1248 Management LLC bought a new stake in shares of Exxon Mobil in the 1st quarter worth $40,000. Institutional investors own 61.80% of the company’s stock.

Exxon Mobil Stock Performance

Shares of XOM stock opened at $114.08 on Thursday. Exxon Mobil Corporation has a 1-year low of $97.80 and a 1-year high of $124.26. The company has a current ratio of 1.25, a quick ratio of 0.88 and a debt-to-equity ratio of 0.12. The company has a market capitalization of $486.35 billion, a price-to-earnings ratio of 16.20, a P/E/G ratio of 2.07 and a beta of 0.51. The stock’s fifty day simple moving average is $111.28 and its 200-day simple moving average is $109.54.

Exxon Mobil (NYSE:XOM) last issued its earnings results on Friday, August 1st. The oil and gas company reported $1.64 EPS for the quarter, beating analysts’ consensus estimates of $1.47 by $0.17. Exxon Mobil had a return on equity of 11.34% and a net margin of 9.17%.The firm had revenue of $81.51 billion for the quarter, compared to the consensus estimate of $79.07 billion. During the same quarter in the previous year, the company posted $2.14 earnings per share. The business’s quarterly revenue was down 12.4% compared to the same quarter last year. On average, sell-side analysts predict that Exxon Mobil Corporation will post 7.43 earnings per share for the current fiscal year.

Exxon Mobil Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, September 10th. Shareholders of record on Friday, August 15th were paid a $0.99 dividend. The ex-dividend date was Friday, August 15th. This represents a $3.96 dividend on an annualized basis and a yield of 3.5%. Exxon Mobil’s payout ratio is 56.25%.

Insider Buying and Selling

In other Exxon Mobil news, VP Darrin L. Talley sold 2,158 shares of the business’s stock in a transaction dated Friday, August 22nd. The stock was sold at an average price of $110.45, for a total value of $238,351.10. Following the transaction, the vice president owned 13,829 shares in the company, valued at $1,527,413.05. The trade was a 13.50% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. 0.03% of the stock is owned by company insiders.

Analyst Ratings Changes

A number of brokerages have recently issued reports on XOM. Mizuho cut their target price on Exxon Mobil from $124.00 to $123.00 and set a “neutral” rating on the stock in a research report on Monday, September 15th. Barclays cut their target price on Exxon Mobil from $127.00 to $126.00 and set an “overweight” rating on the stock in a research report on Tuesday. Melius Research began coverage on Exxon Mobil in a research report on Wednesday, August 20th. They set a “hold” rating and a $111.00 target price on the stock. Morgan Stanley boosted their target price on Exxon Mobil from $134.00 to $135.00 and gave the stock an “overweight” rating in a research report on Monday, August 4th. Finally, TD Cowen boosted their target price on Exxon Mobil from $120.00 to $128.00 and gave the stock a “buy” rating in a research report on Monday, June 23rd. One investment analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and ten have issued a Hold rating to the company’s stock. Based on data from MarketBeat, Exxon Mobil currently has a consensus rating of “Moderate Buy” and a consensus price target of $125.79.

Exxon Mobil Company 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.