O Keefe Stevens Advisory Inc. Buys 1,162 Shares of Exxon Mobil Co. (NYSE:XOM)

O Keefe Stevens Advisory Inc. boosted its position in shares of Exxon Mobil Co. (NYSE:XOMFree Report) by 5.5% during the 1st quarter, HoldingsChannel reports. The fund owned 22,211 shares of the oil and gas company’s stock after buying an additional 1,162 shares during the quarter. Exxon Mobil makes up approximately 0.8% of O Keefe Stevens Advisory Inc.’s investment portfolio, making the stock its 24th biggest holding. O Keefe Stevens Advisory Inc.’s holdings in Exxon Mobil were worth $2,582,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of the company. Vanguard Group Inc. raised its stake in shares of Exxon Mobil by 0.3% in the 4th quarter. Vanguard Group Inc. now owns 388,543,396 shares of the oil and gas company’s stock valued at $38,846,569,000 after buying an additional 1,269,495 shares in the last quarter. Norges Bank bought a new stake in shares of Exxon Mobil during the fourth quarter worth $5,519,753,000. Morgan Stanley grew its stake in shares of Exxon Mobil by 2.0% during the third quarter. Morgan Stanley now owns 53,828,024 shares of the oil and gas company’s stock valued at $6,329,099,000 after purchasing an additional 1,066,937 shares during the last quarter. Capital International Investors lifted its holdings in Exxon Mobil by 22.8% during the 4th quarter. Capital International Investors now owns 21,988,523 shares of the oil and gas company’s stock worth $2,198,413,000 after buying an additional 4,084,458 shares in the last quarter. Finally, Capital Research Global Investors boosted its stake in shares of Exxon Mobil by 6.0% in the 4th quarter. Capital Research Global Investors now owns 18,388,299 shares of the oil and gas company’s stock valued at $1,838,462,000 after purchasing an additional 1,037,226 shares during the last quarter. Institutional investors own 61.80% of the company’s stock.

Analyst Ratings Changes

Several equities analysts have weighed in on XOM shares. Barclays assumed coverage on Exxon Mobil in a research note on Wednesday, April 10th. They issued an “overweight” rating and a $147.00 target price on the stock. Truist Financial reissued a “hold” rating and set a $124.00 price target (down from $146.00) on shares of Exxon Mobil in a research report on Friday, June 7th. Mizuho upped their price objective on shares of Exxon Mobil from $125.00 to $128.00 and gave the company a “neutral” rating in a research report on Monday, May 13th. Wells Fargo & Company boosted their target price on Exxon Mobil from $138.00 to $142.00 and gave the company an “overweight” rating in a research note on Tuesday, April 30th. Finally, Piper Sandler lifted their price objective on Exxon Mobil from $130.00 to $145.00 and gave the company an “overweight” rating in a report on Thursday, April 18th. Nine investment analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, Exxon Mobil has a consensus rating of “Moderate Buy” and a consensus target price of $133.71.

Check Out Our Latest Stock Analysis on Exxon Mobil

Insider Activity at Exxon Mobil

In other Exxon Mobil news, VP Darrin L. Talley sold 2,426 shares of the business’s stock in a transaction on Monday, April 29th. The shares were sold at an average price of $119.01, for a total transaction of $288,718.26. Following the sale, the vice president now owns 25,363 shares of the company’s stock, valued at $3,018,450.63. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. 0.03% of the stock is currently owned by insiders.

Exxon Mobil Price Performance

Exxon Mobil stock traded down $0.98 during mid-day trading on Friday, reaching $110.76. 52,220,574 shares of the company were exchanged, compared to its average volume of 14,478,490. The firm has a market cap of $436.73 billion, a PE ratio of 13.57, a PEG ratio of 3.98 and a beta of 0.92. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.38 and a quick ratio of 1.06. The company has a fifty day simple moving average of $115.70 and a 200-day simple moving average of $109.10. Exxon Mobil Co. has a 12 month low of $95.77 and a 12 month high of $123.75.

Exxon Mobil (NYSE:XOMGet Free Report) last posted its quarterly earnings results on Friday, April 26th. The oil and gas company reported $2.06 EPS for the quarter, missing analysts’ consensus estimates of $2.19 by ($0.13). The company had revenue of $83.08 billion during the quarter, compared to analyst estimates of $79.69 billion. Exxon Mobil had a net margin of 9.62% and a return on equity of 16.75%. The firm’s revenue for the quarter was down 4.0% compared to the same quarter last year. During the same period last year, the firm earned $2.83 EPS. As a group, equities research analysts expect that Exxon Mobil Co. will post 9.36 earnings per share for the current fiscal year.

Exxon Mobil Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, June 10th. Shareholders of record on Wednesday, May 15th were issued a $0.95 dividend. This represents a $3.80 dividend on an annualized basis and a dividend yield of 3.43%. The ex-dividend date of this dividend was Tuesday, May 14th. Exxon Mobil’s dividend payout ratio is presently 46.57%.

Exxon Mobil Company Profile

(Free Report)

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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Institutional Ownership by Quarter for Exxon Mobil (NYSE:XOM)

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