TFR Capital LLC. Has $1.40 Million Holdings in Exxon Mobil Corporation $XOM

TFR Capital LLC. boosted its holdings in shares of Exxon Mobil Corporation (NYSE:XOM) by 5.4% during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 12,981 shares of the oil and gas company’s stock after acquiring an additional 668 shares during the quarter. TFR Capital LLC.’s holdings in Exxon Mobil were worth $1,399,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Mainstay Capital Management LLC ADV raised its position in Exxon Mobil by 111.9% during the second quarter. Mainstay Capital Management LLC ADV now owns 61,070 shares of the oil and gas company’s stock valued at $6,583,000 after acquiring an additional 32,252 shares in the last quarter. Boomfish Wealth Group LLC lifted its stake in shares of Exxon Mobil by 2.4% in the 2nd quarter. Boomfish Wealth Group LLC now owns 17,960 shares of the oil and gas company’s stock valued at $1,936,000 after purchasing an additional 422 shares during the last quarter. GFG Capital LLC acquired a new stake in shares of Exxon Mobil in the 2nd quarter valued at $43,000. Capital Advisors Ltd. LLC lifted its stake in shares of Exxon Mobil by 23.8% in the 2nd quarter. Capital Advisors Ltd. LLC now owns 8,481 shares of the oil and gas company’s stock valued at $914,000 after purchasing an additional 1,629 shares during the last quarter. Finally, Leo Wealth LLC lifted its stake in shares of Exxon Mobil by 87.3% in the 2nd quarter. Leo Wealth LLC now owns 49,964 shares of the oil and gas company’s stock valued at $5,383,000 after purchasing an additional 23,288 shares during the last quarter. Institutional investors own 61.80% of the company’s stock.

Exxon Mobil Trading Down 1.8%

Shares of XOM opened at $110.93 on Friday. Exxon Mobil Corporation has a 12-month low of $97.80 and a 12-month high of $124.26. The company has a quick ratio of 0.88, a current ratio of 1.25 and a debt-to-equity ratio of 0.12. The firm has a market capitalization of $472.94 billion, a price-to-earnings ratio of 15.76, a P/E/G ratio of 2.00 and a beta of 0.51. The stock’s 50-day moving average price is $111.32 and its 200 day moving average price is $109.42.

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 (EPS) for the quarter. The firm had revenue of $57.55 billion for the quarter. Exxon Mobil had a return on equity of 11.34% and a net margin of 9.17%. As a group, research analysts predict that Exxon Mobil Corporation will post 7.43 earnings per share for the current year.

Exxon Mobil Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, September 10th. Stockholders of record on Friday, August 15th were issued a dividend of $0.99 per share. This represents a $3.96 dividend on an annualized basis and a dividend yield of 3.6%. The ex-dividend date of this dividend was Friday, August 15th. Exxon Mobil’s dividend payout ratio (DPR) is presently 56.25%.

Insider Buying and Selling at Exxon Mobil

In other news, VP Darrin L. Talley sold 2,158 shares of Exxon Mobil stock in a transaction dated Friday, August 22nd. The shares were 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 in the company, valued at approximately $1,527,413.05. The trade was a 13.50% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 0.03% of the company’s stock.

Analyst Ratings Changes

Several research firms have recently issued reports on XOM. Barclays decreased their price target on Exxon Mobil from $127.00 to $126.00 and set an “overweight” rating for the company in a research note on Tuesday. Morgan Stanley increased their price target on Exxon Mobil from $134.00 to $135.00 and gave the company an “overweight” rating in a report on Monday, August 4th. Melius started coverage on shares of Exxon Mobil in a report on Wednesday, August 20th. They issued a “hold” rating and a $111.00 target price on the stock. TD Cowen lifted their target price on shares of Exxon Mobil from $120.00 to $128.00 and gave the stock a “buy” rating in a report on Monday, June 23rd. Finally, Scotiabank reiterated an “outperform” rating on shares of Exxon Mobil in a report on Thursday. One equities research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and ten have given a Hold rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $125.95.

Exxon Mobil 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.