Commonwealth of Pennsylvania Public School Empls Retrmt SYS Has $118.05 Million Stake in ExxonMobil Corporation $XOM

Commonwealth of Pennsylvania Public School Empls Retrmt SYS trimmed its holdings in shares of ExxonMobil Corporation (NYSE:XOMFree Report) by 4.2% in the fourth quarter, HoldingsChannel reports. The firm owned 980,936 shares of the oil and gas company’s stock after selling 42,825 shares during the period. ExxonMobil makes up 0.6% of Commonwealth of Pennsylvania Public School Empls Retrmt SYS’s portfolio, making the stock its 22nd biggest position. Commonwealth of Pennsylvania Public School Empls Retrmt SYS’s holdings in ExxonMobil were worth $118,046,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Berbice Capital Management LLC acquired a new stake in ExxonMobil during the 4th quarter valued at $26,000. Midwest Capital Advisors LLC acquired a new stake in ExxonMobil during the 4th quarter valued at $27,000. E Fund Management Hong Kong Co. Ltd. increased its holdings in ExxonMobil by 456.1% during the 4th quarter. E Fund Management Hong Kong Co. Ltd. now owns 228 shares of the oil and gas company’s stock valued at $27,000 after purchasing an additional 187 shares in the last quarter. Key Capital Management INC acquired a new stake in ExxonMobil during the 4th quarter valued at $28,000. Finally, Nvest Wealth Strategies Inc. acquired a new stake in ExxonMobil during the 4th quarter valued at $32,000. 61.80% of the stock is owned by institutional investors and hedge funds.

ExxonMobil Trading Down 1.0%

Shares of NYSE XOM opened at $145.42 on Friday. The company’s 50 day simple moving average is $155.03 and its 200 day simple moving average is $140.15. ExxonMobil Corporation has a fifty-two week low of $101.18 and a fifty-two week high of $176.41. The firm has a market capitalization of $602.75 billion, a P/E ratio of 24.52, a P/E/G ratio of 0.63 and a beta of 0.19. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.04 and a quick ratio of 0.77.

ExxonMobil (NYSE:XOMGet Free Report) last announced its quarterly earnings data on Friday, May 1st. The oil and gas company reported $1.16 earnings per share for the quarter, beating the consensus estimate of $0.98 by $0.18. ExxonMobil had a net margin of 7.57% and a return on equity of 10.24%. The business had revenue of $83.16 billion for the quarter, compared to analyst estimates of $81.13 billion. During the same period in the prior year, the business posted $1.76 earnings per share. ExxonMobil’s revenue was up 2.4% compared to the same quarter last year. On average, analysts predict that ExxonMobil Corporation will post 11.49 EPS for the current year.

ExxonMobil Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 10th. Investors of record on Friday, May 15th will be paid a dividend of $1.03 per share. The ex-dividend date of this dividend is Friday, May 15th. This represents a $4.12 dividend on an annualized basis and a dividend yield of 2.8%. ExxonMobil’s payout ratio is 69.48%.

Insider Activity at ExxonMobil

In related news, VP Darrin L. Talley sold 1,080 shares of ExxonMobil stock in a transaction on Monday, March 16th. The stock was sold at an average price of $155.50, for a total transaction of $167,940.00. Following the completion of the sale, the vice president directly owned 17,124 shares of the company’s stock, valued at $2,662,782. The trade was a 5.93% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 0.03% of the stock is currently owned by company insiders.

Trending Headlines about ExxonMobil

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Analyst Ratings Changes

A number of equities research analysts recently weighed in on XOM shares. Loop Capital set a $123.00 price target on ExxonMobil in a report on Tuesday, February 3rd. Morgan Stanley dropped their price target on ExxonMobil from $172.00 to $171.00 and set an “overweight” rating for the company in a report on Friday, April 17th. Citigroup lifted their target price on ExxonMobil from $150.00 to $175.00 and gave the company a “neutral” rating in a research note on Thursday, April 2nd. Wells Fargo & Company lifted their target price on ExxonMobil from $183.00 to $185.00 and gave the company an “overweight” rating in a research note on Thursday, April 9th. Finally, BMO Capital Markets reissued a “market perform” rating and issued a $155.00 target price on shares of ExxonMobil in a research note on Wednesday, February 4th. Ten investment analysts have rated the stock with a Buy rating and eleven have given a Hold rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target of $165.55.

Check Out Our Latest Analysis 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.

See Also

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Institutional Ownership by Quarter for ExxonMobil (NYSE:XOM)

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