TD Asset Management Inc Buys 18,925 Shares of Exxon Mobil Corporation $XOM

TD Asset Management Inc boosted its stake in shares of Exxon Mobil Corporation (NYSE:XOM) by 0.4% during the second quarter, Holdings Channel.com reports. The firm owned 4,260,505 shares of the oil and gas company’s stock after purchasing an additional 18,925 shares during the quarter. TD Asset Management Inc’s holdings in Exxon Mobil were worth $459,282,000 as of its most recent SEC filing.

A number of other institutional investors also recently added to or reduced their stakes in the stock. IFC Advisors LLC boosted its position in Exxon Mobil by 125.8% during the second quarter. IFC Advisors LLC now owns 31,422 shares of the oil and gas company’s stock valued at $3,387,000 after purchasing an additional 17,506 shares in the last quarter. Morningstar Investment Management LLC boosted its position in Exxon Mobil by 19.8% during the second quarter. Morningstar Investment Management LLC now owns 33,702 shares of the oil and gas company’s stock valued at $3,633,000 after purchasing an additional 5,579 shares in the last quarter. Kiker Wealth Management LLC boosted its position in Exxon Mobil by 46.0% during the second quarter. Kiker Wealth Management LLC now owns 1,032 shares of the oil and gas company’s stock valued at $111,000 after purchasing an additional 325 shares in the last quarter. Baker Boyer National Bank boosted its position in Exxon Mobil by 2.3% during the second quarter. Baker Boyer National Bank now owns 4,570 shares of the oil and gas company’s stock valued at $493,000 after purchasing an additional 101 shares in the last quarter. Finally, Harbour Trust & Investment Management Co boosted its position in Exxon Mobil by 0.3% during the second quarter. Harbour Trust & Investment Management Co now owns 101,343 shares of the oil and gas company’s stock valued at $10,925,000 after purchasing an additional 313 shares in the last quarter. Institutional investors own 61.80% of the company’s stock.

Exxon Mobil Trading Down 0.8%

Shares of NYSE:XOM opened at $110.71 on Friday. Exxon Mobil Corporation has a 52-week low of $97.80 and a 52-week high of $123.21. The stock has a market cap of $471.98 billion, a price-to-earnings ratio of 15.73, a PEG ratio of 2.01 and a beta of 0.51. 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 business has a 50-day moving average price of $111.72 and a 200-day moving average price of $109.30.

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

Exxon Mobil Announces Dividend

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

Analyst Upgrades and Downgrades

A number of equities research analysts recently weighed in on XOM shares. Melius began coverage on Exxon Mobil in a research report on Wednesday, August 20th. They set a “hold” rating and a $111.00 price objective on the stock. UBS Group increased their price target on Exxon Mobil from $143.00 to $145.00 and gave the company a “buy” rating in a research note on Monday. Scotiabank reiterated an “outperform” rating on shares of Exxon Mobil in a research note on Thursday, October 9th. Mizuho decreased their price target on Exxon Mobil from $124.00 to $123.00 and set a “neutral” rating for the company in a research note on Monday, September 15th. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Exxon Mobil in a research note on Wednesday, October 8th. One analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and ten have issued a Hold rating to the stock. Based on data from MarketBeat, Exxon Mobil has a consensus rating of “Moderate Buy” and a consensus target price of $126.05.

Insider Activity

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

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.