DJE Kapital AG Has $4.29 Million Stock Holdings in Exxon Mobil Corporation $XOM

DJE Kapital AG grew its stake in shares of Exxon Mobil Corporation (NYSE:XOM) by 6.2% during the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 39,643 shares of the oil and gas company’s stock after purchasing an additional 2,300 shares during the quarter. DJE Kapital AG’s holdings in Exxon Mobil were worth $4,292,000 at the end of the most recent quarter.

Other large investors also recently made changes to their positions in the company. Eagle Capital Management LLC increased its position in Exxon Mobil by 15.3% during the first quarter. Eagle Capital Management LLC now owns 2,836 shares of the oil and gas company’s stock worth $337,000 after buying an additional 376 shares during the last quarter. Brucke Financial Inc. boosted its stake in shares of Exxon Mobil by 2.1% during the 1st quarter. Brucke Financial Inc. now owns 6,792 shares of the oil and gas company’s stock worth $808,000 after acquiring an additional 142 shares during the period. MainStreet Investment Advisors LLC acquired a new position in shares of Exxon Mobil during the 1st quarter worth approximately $217,000. CFO4Life Group LLC raised its stake in Exxon Mobil by 6.9% in the 1st quarter. CFO4Life Group LLC now owns 27,739 shares of the oil and gas company’s stock valued at $3,299,000 after acquiring an additional 1,794 shares during the period. Finally, Parr Mcknight Wealth Management Group LLC lifted its holdings in Exxon Mobil by 4.6% during the 1st quarter. Parr Mcknight Wealth Management Group LLC now owns 22,540 shares of the oil and gas company’s stock valued at $2,681,000 after purchasing an additional 995 shares during the last quarter. Institutional investors and hedge funds own 61.80% of the company’s stock.

Insider Activity

In other 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 sale, the vice president directly owned 13,829 shares of the company’s stock, valued at approximately $1,527,413.05. This represents a 13.50% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Company insiders own 0.03% of the company’s stock.

Exxon Mobil Stock Performance

Shares of NYSE:XOM opened at $117.19 on Friday. Exxon Mobil Corporation has a 12-month low of $97.80 and a 12-month high of $123.21. The company’s 50 day moving average price is $113.45 and its two-hundred day moving average price is $110.28. The firm has a market cap of $499.59 billion, a PE ratio of 16.65, a PEG ratio of 2.06 and a beta of 0.49. 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 released its quarterly earnings results on Friday, June 17th. The oil and gas company reported $0.65 earnings per share for the quarter. The company had revenue of $57.55 billion during the quarter. Exxon Mobil had a net margin of 9.17% and a return on equity of 11.34%. Equities research analysts predict that Exxon Mobil Corporation will post 7.43 earnings per share for the current year.

Exxon Mobil Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, December 10th. Stockholders of record on Friday, November 14th will be given a dividend of $1.03 per share. This represents a $4.12 dividend on an annualized basis and a dividend yield of 3.5%. The ex-dividend date is Friday, November 14th. This is a positive change from Exxon Mobil’s previous quarterly dividend of $0.99. Exxon Mobil’s dividend payout ratio is currently 59.88%.

Wall Street Analysts Forecast Growth

Several research firms have commented on XOM. Melius began coverage on shares of Exxon Mobil in a report on Wednesday, August 20th. They issued a “hold” rating and a $111.00 price objective on the stock. Bank of America upped their price target on shares of Exxon Mobil from $113.00 to $120.00 and gave the company a “neutral” rating in a research note on Wednesday, September 10th. Scotiabank reissued an “outperform” rating on shares of Exxon Mobil in a report on Monday, November 3rd. Barclays reduced their price objective on Exxon Mobil from $127.00 to $126.00 and set an “overweight” rating for the company in a report on Tuesday, October 7th. Finally, Mizuho decreased 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. Two equities research analysts have rated the stock with a Strong Buy rating, eight have issued a Buy rating and ten have issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $128.50.

About Exxon Mobil

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.