AllSquare Wealth Management LLC bought a new stake in shares of Exxon Mobil Co. (NYSE:XOM) during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund bought 9,924 shares of the oil and gas company’s stock, valued at approximately $814,000. Exxon Mobil accounts for approximately 0.7% of AllSquare Wealth Management LLC’s portfolio, making the stock its 19th largest holding.
Several other institutional investors also recently added to or reduced their stakes in XOM. CWH Capital Management Inc. acquired a new position in Exxon Mobil during the second quarter worth $114,000. Acrospire Investment Management LLC raised its holdings in Exxon Mobil by 172.7% during the second quarter. Acrospire Investment Management LLC now owns 1,737 shares of the oil and gas company’s stock worth $140,000 after buying an additional 1,100 shares during the last quarter. Mitsubishi UFJ Securities Holdings Co. Ltd. raised its holdings in Exxon Mobil by 2.7% during the second quarter. Mitsubishi UFJ Securities Holdings Co. Ltd. now owns 1,900 shares of the oil and gas company’s stock worth $153,000 after buying an additional 50 shares during the last quarter. Saratoga Research & Investment Management acquired a new position in Exxon Mobil during the third quarter worth $172,000. Finally, Mountain Capital Investment Advisors Inc acquired a new position in Exxon Mobil during the second quarter worth $175,000. Institutional investors own 51.28% of the company’s stock.
In other Exxon Mobil news, VP Robert N. Schleckser sold 5,601 shares of the stock in a transaction that occurred on Monday, December 4th. The shares were sold at an average price of $83.93, for a total transaction of $470,091.93. Following the transaction, the vice president now directly owns 187,663 shares in the company, valued at $15,750,555.59. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, VP Robert N. Schleckser sold 4,877 shares of the stock in a transaction that occurred on Friday, December 1st. The shares were sold at an average price of $83.37, for a total transaction of $406,595.49. Following the transaction, the vice president now owns 187,663 shares in the company, valued at $15,645,464.31. The disclosure for this sale can be found here. Insiders sold 51,357 shares of company stock worth $4,273,910 over the last ninety days. 0.08% of the stock is currently owned by insiders.
Shares of Exxon Mobil Co. (NYSE XOM) opened at $79.72 on Tuesday. The company has a market cap of $337,780.00, a PE ratio of 17.22, a price-to-earnings-growth ratio of 1.14 and a beta of 0.82. Exxon Mobil Co. has a fifty-two week low of $76.05 and a fifty-two week high of $89.30. The company has a current ratio of 0.85, a quick ratio of 0.54 and a debt-to-equity ratio of 0.13.
Exxon Mobil (NYSE:XOM) last released its quarterly earnings data on Friday, February 2nd. The oil and gas company reported $0.88 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $1.06 by ($0.18). Exxon Mobil had a net margin of 7.61% and a return on equity of 8.09%. The business had revenue of $66.52 billion for the quarter, compared to analysts’ expectations of $74.41 billion. During the same period last year, the company earned $0.41 earnings per share. Exxon Mobil’s revenue for the quarter was up 9.0% compared to the same quarter last year. equities research analysts anticipate that Exxon Mobil Co. will post 4.97 EPS for the current year.
The business also recently announced a quarterly dividend, which will be paid on Friday, March 9th. Investors of record on Monday, February 12th will be paid a $0.77 dividend. This represents a $3.08 dividend on an annualized basis and a yield of 3.86%. The ex-dividend date of this dividend is Friday, February 9th. Exxon Mobil’s dividend payout ratio is currently 66.52%.
Several research analysts have weighed in on XOM shares. Wells Fargo & Co set a $88.00 price objective on shares of Exxon Mobil and gave the stock a “neutral” rating in a report on Thursday, January 11th. Zacks Investment Research upgraded shares of Exxon Mobil from a “hold” rating to a “buy” rating and set a $98.00 target price for the company in a research note on Saturday, January 13th. Vetr upgraded shares of Exxon Mobil from a “buy” rating to a “strong-buy” rating and set a $93.75 target price for the company in a research note on Tuesday, November 28th. Royal Bank of Canada reiterated a “sector perform” rating on shares of Exxon Mobil in a research note on Friday, November 24th. Finally, Morgan Stanley restated an “underperform” rating on shares of Exxon Mobil in a research report on Thursday, October 19th. Six analysts have rated the stock with a sell rating, fourteen have assigned a hold rating, seven have assigned a buy rating and two have issued a strong buy rating to the stock. The company currently has a consensus rating of “Hold” and a consensus target price of $87.82.
Exxon Mobil Company Profile
Exxon Mobil Corporation is engaged in energy business. The Company is engaged in the exploration, production, transportation and sale of crude oil and natural gas, and the manufacture, transportation and sale of petroleum products. The Company also manufactures and markets commodity petrochemicals, including olefins, aromatics, polyethylene and polypropylene plastics, and a range of specialty products.
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