Exxon Mobil Corporation $XOM Shares Acquired by Rothschild Capital Partners LLC

Rothschild Capital Partners LLC increased its position in Exxon Mobil Corporation (NYSE:XOM) by 29.1% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 4,305 shares of the oil and gas company’s stock after acquiring an additional 970 shares during the period. Rothschild Capital Partners LLC’s holdings in Exxon Mobil were worth $464,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also modified their holdings of XOM. Nuveen LLC acquired a new stake in shares of Exxon Mobil in the 1st quarter worth approximately $2,730,414,000. GQG Partners LLC grew its holdings in shares of Exxon Mobil by 15,135.7% in the 1st quarter. GQG Partners LLC now owns 10,071,077 shares of the oil and gas company’s stock worth $1,197,753,000 after acquiring an additional 10,004,975 shares during the period. Kingstone Capital Partners Texas LLC acquired a new stake in shares of Exxon Mobil in the 2nd quarter worth approximately $607,621,000. Ameriprise Financial Inc. grew its holdings in shares of Exxon Mobil by 10.8% in the 1st quarter. Ameriprise Financial Inc. now owns 27,017,683 shares of the oil and gas company’s stock worth $3,213,848,000 after acquiring an additional 2,639,797 shares during the period. Finally, Assenagon Asset Management S.A. grew its holdings in shares of Exxon Mobil by 72.5% in the 2nd quarter. Assenagon Asset Management S.A. now owns 5,549,909 shares of the oil and gas company’s stock worth $598,280,000 after acquiring an additional 2,332,293 shares during the period. Institutional investors and hedge funds own 61.80% of the company’s stock.

Insider Buying and Selling at Exxon Mobil

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

Wall Street Analyst Weigh In

A number of research firms recently weighed in on XOM. Mizuho lowered their price target on Exxon Mobil from $124.00 to $123.00 and set a “neutral” rating on the stock in a report on Monday, September 15th. Melius Research initiated coverage on Exxon Mobil in a research note on Wednesday, August 20th. They issued a “hold” rating and a $111.00 target price on the stock. Scotiabank reaffirmed an “outperform” rating on shares of Exxon Mobil in a research note on Thursday, October 9th. Piper Sandler set a $141.00 target price on Exxon Mobil in a research note on Tuesday, October 7th. Finally, Barclays reduced their target price on Exxon Mobil from $127.00 to $126.00 and set an “overweight” rating on the stock in a research note on Tuesday, October 7th. Two equities research analysts have rated the stock with a Strong Buy rating, eight have given a Buy rating and ten have assigned a Hold rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $127.58.

Exxon Mobil Trading Down 0.5%

Shares of Exxon Mobil stock opened at $115.39 on Friday. Exxon Mobil Corporation has a fifty-two week low of $97.80 and a fifty-two week high of $123.21. The firm has a market cap of $491.94 billion, a PE ratio of 16.39, a P/E/G ratio of 2.06 and a beta of 0.51. The business’s fifty day moving average is $112.58 and its two-hundred day moving average is $109.48. The company has a quick ratio of 0.88, a current ratio of 1.25 and a debt-to-equity ratio of 0.12.

Exxon Mobil (NYSE:XOM) last issued its quarterly earnings results on Friday, June 17th. The oil and gas company reported $0.65 earnings per share for the quarter. Exxon Mobil had a return on equity of 11.34% and a net margin of 9.17%.The company had revenue of $57.55 billion for the quarter. Analysts anticipate that Exxon Mobil Corporation will post 7.43 earnings per share for the current year.

Exxon Mobil Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, September 10th. Shareholders of record on Friday, August 15th were paid a dividend of $0.99 per share. This represents a $3.96 dividend on an annualized basis and a dividend yield of 3.4%. The ex-dividend date of this dividend was Friday, August 15th. Exxon Mobil’s dividend payout ratio is currently 56.25%.

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.