ExxonMobil Corporation $XOM Shares Purchased by Nissay Asset Management Corp Japan

Nissay Asset Management Corp Japan boosted its holdings in ExxonMobil Corporation (NYSE:XOMFree Report) by 2.7% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 563,430 shares of the oil and gas company’s stock after acquiring an additional 14,759 shares during the quarter. Nissay Asset Management Corp Japan’s holdings in ExxonMobil were worth $77,032,000 as of its most recent SEC filing.

Other large investors also recently made changes to their positions in the company. Assetmark Inc. boosted its position in ExxonMobil by 8.3% in the 1st quarter. Assetmark Inc. now owns 492,309 shares of the oil and gas company’s stock valued at $83,525,000 after buying an additional 37,666 shares during the period. Charles Schwab Trust Co boosted its holdings in ExxonMobil by 392.9% in the second quarter. Charles Schwab Trust Co now owns 122,223 shares of the oil and gas company’s stock valued at $16,710,000 after purchasing an additional 97,424 shares during the period. CV Advisors LLC grew its stake in ExxonMobil by 126.7% during the 2nd quarter. CV Advisors LLC now owns 11,589 shares of the oil and gas company’s stock worth $1,584,000 after purchasing an additional 6,478 shares in the last quarter. Midwest Trust Co grew its stake in ExxonMobil by 3.9% during the 1st quarter. Midwest Trust Co now owns 710,969 shares of the oil and gas company’s stock worth $120,623,000 after purchasing an additional 26,411 shares in the last quarter. Finally, King Luther Capital Management Corp increased its holdings in ExxonMobil by 2.4% during the 4th quarter. King Luther Capital Management Corp now owns 1,664,995 shares of the oil and gas company’s stock worth $200,366,000 after purchasing an additional 38,492 shares during the period. Institutional investors own 61.80% of the company’s stock.

ExxonMobil Price Performance

Shares of NYSE:XOM opened at $156.88 on Friday. ExxonMobil Corporation has a 12 month low of $108.35 and a 12 month high of $176.41. The firm has a market capitalization of $650.26 billion, a P/E ratio of 20.19, a P/E/G ratio of 0.62 and a beta of 0.17. The company has a debt-to-equity ratio of 0.12, a current ratio of 1.13 and a quick ratio of 0.85. The company’s fifty day moving average price is $150.53 and its 200 day moving average price is $151.87.

ExxonMobil (NYSE:XOMGet Free Report) last released its quarterly earnings data on Friday, July 31st. The oil and gas company reported $3.52 earnings per share (EPS) for the quarter, missing the consensus estimate of $3.56 by ($0.04). ExxonMobil had a net margin of 8.88% and a return on equity of 13.14%. The company had revenue of $114.53 billion during the quarter, compared to analyst estimates of $109.94 billion. During the same quarter in the prior year, the company earned $1.64 EPS. As a group, sell-side analysts predict that ExxonMobil Corporation will post 11.86 earnings per share for the current fiscal year.

ExxonMobil Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, September 10th. Investors of record on Monday, August 17th will be given a $1.03 dividend. The ex-dividend date of this dividend is Monday, August 17th. This represents a $4.12 dividend on an annualized basis and a dividend yield of 2.6%. ExxonMobil’s dividend payout ratio is 53.02%.

ExxonMobil News Summary

Here are the key news stories impacting ExxonMobil this week:

Analyst Ratings Changes

XOM has been the subject of several recent research reports. Citigroup reiterated a “neutral” rating on shares of ExxonMobil in a research note on Wednesday, July 8th. Royal Bank Of Canada restated a “sector perform” rating and set a $180.00 target price on shares of ExxonMobil in a research note on Tuesday, May 5th. TD Cowen lifted their price target on shares of ExxonMobil from $155.00 to $168.00 and gave the stock a “buy” rating in a research note on Friday, August 7th. DZ Bank cut shares of ExxonMobil from a “buy” rating to a “hold” rating and set a $156.00 price target for the company. in a report on Tuesday, August 4th. Finally, Wells Fargo & Company reissued an “overweight” rating and issued a $182.00 price objective on shares of ExxonMobil in a research report on Monday, August 3rd. Ten research analysts have rated the stock with a Buy rating and twelve have given a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $166.10.

View Our Latest Research Report on ExxonMobil

About ExxonMobil

(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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