ExxonMobil Corporation $XOM Shares Sold by Puzo Michael J

Puzo Michael J decreased its position in shares of ExxonMobil Corporation (NYSE:XOMFree Report) by 12.4% during the 1st quarter, according to its most recent disclosure with the SEC. The firm owned 32,971 shares of the oil and gas company’s stock after selling 4,665 shares during the period. ExxonMobil accounts for approximately 1.6% of Puzo Michael J’s portfolio, making the stock its 26th largest holding. Puzo Michael J’s holdings in ExxonMobil were worth $5,594,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. Norges Bank purchased a new position in shares of ExxonMobil during the 4th quarter worth $7,625,063,000. Quantum Portfolio Management LLC acquired a new stake in shares of ExxonMobil during the first quarter worth $965,932,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its position in shares of ExxonMobil by 18.2% in the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 15,997,332 shares of the oil and gas company’s stock valued at $1,925,119,000 after purchasing an additional 2,465,410 shares during the period. Van ECK Associates Corp increased its stake in ExxonMobil by 334.4% in the fourth quarter. Van ECK Associates Corp now owns 3,062,497 shares of the oil and gas company’s stock valued at $368,541,000 after purchasing an additional 2,357,467 shares during the last quarter. Finally, Diamant Asset Management Inc. increased its stake in ExxonMobil by 17,312.4% in the first quarter. Diamant Asset Management Inc. now owns 2,183,864 shares of the oil and gas company’s stock valued at $370,514,000 after purchasing an additional 2,171,322 shares during the last quarter. Institutional investors and hedge funds own 61.80% of the company’s stock.

ExxonMobil Price Performance

XOM stock opened at $156.86 on Friday. The stock has a 50-day moving average price of $145.93 and a two-hundred day moving average price of $147.38. ExxonMobil Corporation has a 12-month low of $105.53 and a 12-month high of $176.41. The company has a current ratio of 1.04, a quick ratio of 0.77 and a debt-to-equity ratio of 0.13. The company has a market cap of $650.17 billion, a PE ratio of 26.45, a price-to-earnings-growth ratio of 0.64 and a beta of 0.17.

ExxonMobil (NYSE:XOMGet Free Report) last released its quarterly earnings data on Friday, May 1st. The oil and gas company reported $1.16 EPS for the quarter, topping analysts’ consensus estimates of $0.98 by $0.18. The company had revenue of $83.16 billion for the quarter, compared to the consensus estimate of $81.13 billion. ExxonMobil had a return on equity of 10.24% and a net margin of 7.57%.The company’s quarterly revenue was up 2.4% compared to the same quarter last year. During the same period last year, the business posted $1.76 EPS. As a group, research analysts predict that ExxonMobil Corporation will post 11.28 EPS for the current year.

ExxonMobil Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, June 10th. Investors of record on Friday, May 15th were issued a $1.03 dividend. The ex-dividend date was Friday, May 15th. This represents a $4.12 annualized dividend and a yield of 2.6%. ExxonMobil’s dividend payout ratio (DPR) is presently 69.48%.

ExxonMobil News Summary

Here are the key news stories impacting ExxonMobil this week:

Analyst Upgrades and Downgrades

XOM has been the topic of a number of research analyst reports. Mizuho decreased their price target on ExxonMobil from $175.00 to $170.00 and set a “neutral” rating on the stock in a research note on Thursday, July 9th. Wolfe Research downgraded shares of ExxonMobil from an “outperform” rating to a “peer perform” rating in a research note on Tuesday, April 21st. DZ Bank upgraded shares of ExxonMobil to a “strong-buy” rating in a report on Monday, July 6th. Zacks Research downgraded shares of ExxonMobil from a “strong-buy” rating to a “hold” rating in a report on Tuesday, May 26th. Finally, Weiss Ratings lowered shares of ExxonMobil from a “hold (c+)” rating to a “hold (c)” rating in a research report on Thursday, May 21st. One equities research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and eleven have given a Hold rating to the stock. According to data from MarketBeat.com, ExxonMobil currently has a consensus rating of “Moderate Buy” and an average price target of $163.25.

View Our Latest Stock Report on ExxonMobil

ExxonMobil Profile

(Free Report)

ExxonMobil Corporation (NYSE: XOM) is an integrated oil and gas company engaged in the exploration, production, refining, distribution and marketing of petroleum products and the manufacture and sale of petrochemicals. Its operations span the full energy value chain, including upstream exploration and development of crude oil and natural gas; midstream transportation and storage; and downstream refining, product distribution and retail. The company also produces a broad range of chemical products for industrial and consumer applications.

ExxonMobil markets fuels and lubricants under well-known brands such as Exxon, Mobil and Esso, and its Mobil 1 motor oil is a prominent consumer product.

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Institutional Ownership by Quarter for ExxonMobil (NYSE:XOM)

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