Crawford Investment Counsel Inc. Has $4.89 Million Position in Exxon Mobil Co. (NYSE:XOM)

Crawford Investment Counsel Inc. increased its stake in shares of Exxon Mobil Co. (NYSE:XOMGet Rating) by 5.1% in the 1st quarter, according to its most recent 13F filing with the SEC. The firm owned 59,159 shares of the oil and gas company’s stock after buying an additional 2,892 shares during the period. Crawford Investment Counsel Inc.’s holdings in Exxon Mobil were worth $4,886,000 as of its most recent filing with the SEC.

Several other large investors have also recently bought and sold shares of the stock. Guardian Wealth Management Inc. bought a new stake in shares of Exxon Mobil in the fourth quarter valued at about $30,000. GW&K Investment Management LLC bought a new position in Exxon Mobil during the 1st quarter worth $32,000. Core Wealth Advisors Inc. lifted its position in shares of Exxon Mobil by 454.5% during the 4th quarter. Core Wealth Advisors Inc. now owns 610 shares of the oil and gas company’s stock valued at $37,000 after acquiring an additional 500 shares during the period. GoalVest Advisory LLC acquired a new stake in shares of Exxon Mobil during the 1st quarter worth $38,000. Finally, Dravo Bay LLC bought a new position in shares of Exxon Mobil in the first quarter worth $38,000. 56.84% of the stock is owned by institutional investors.

Exxon Mobil Trading Up 1.7 %

NYSE:XOM opened at $96.50 on Friday. Exxon Mobil Co. has a 52 week low of $52.96 and a 52 week high of $105.57. The company has a debt-to-equity ratio of 0.21, a quick ratio of 0.87 and a current ratio of 1.16. The firm’s fifty day moving average is $91.45 and its 200-day moving average is $89.01. The firm has a market cap of $402.18 billion, a P/E ratio of 10.56, a P/E/G ratio of 0.31 and a beta of 1.07.

Exxon Mobil (NYSE:XOMGet Rating) last issued its quarterly earnings results on Friday, July 29th. The oil and gas company reported $4.14 EPS for the quarter, beating analysts’ consensus estimates of $3.74 by $0.40. Exxon Mobil had a net margin of 10.67% and a return on equity of 23.82%. The business had revenue of $115.68 billion for the quarter, compared to analysts’ expectations of $111.67 billion. During the same quarter in the prior year, the firm posted $1.10 earnings per share. The business’s quarterly revenue was up 70.8% compared to the same quarter last year. Equities analysts expect that Exxon Mobil Co. will post 12.69 earnings per share for the current year.

Exxon Mobil Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, September 9th. Shareholders of record on Friday, August 12th were paid a $0.88 dividend. This represents a $3.52 annualized dividend and a yield of 3.65%. The ex-dividend date of this dividend was Thursday, August 11th. Exxon Mobil’s dividend payout ratio (DPR) is presently 38.51%.

Insiders Place Their Bets

In related news, Director Jeffrey W. Ubben bought 960,000 shares of the company’s stock in a transaction that occurred on Thursday, August 4th. The shares were bought at an average price of $88.51 per share, for a total transaction of $84,969,600.00. Following the transaction, the director now directly owns 1,137,000 shares of the company’s stock, valued at $100,635,870. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. In related news, Director Jeffrey W. Ubben purchased 960,000 shares of the firm’s stock in a transaction on Thursday, August 4th. The stock was purchased at an average cost of $88.51 per share, with a total value of $84,969,600.00. Following the completion of the purchase, the director now owns 1,137,000 shares in the company, valued at approximately $100,635,870. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, VP Darrin L. Talley sold 2,500 shares of the stock in a transaction dated Monday, August 1st. The stock was sold at an average price of $94.60, for a total transaction of $236,500.00. Following the transaction, the vice president now directly owns 27,863 shares in the company, valued at approximately $2,635,839.80. The disclosure for this sale can be found here. Company insiders own 0.04% of the company’s stock.

Analyst Ratings Changes

Several equities analysts have commented on the stock. Bank of America raised their target price on shares of Exxon Mobil from $120.00 to $123.00 and gave the company a “buy” rating in a report on Monday, August 1st. Truist Financial reduced their target price on Exxon Mobil from $86.00 to $83.00 and set a “hold” rating on the stock in a report on Tuesday, July 19th. Citigroup boosted their price target on Exxon Mobil from $80.00 to $90.00 and gave the stock a “neutral” rating in a report on Thursday, May 19th. Barclays raised their price objective on Exxon Mobil from $98.00 to $111.00 and gave the company an “overweight” rating in a research note on Tuesday, May 31st. Finally, Credit Suisse Group reissued an “outperform” rating and set a $125.00 target price on shares of Exxon Mobil in a research note on Thursday, August 11th. Two investment analysts have rated the stock with a sell rating, seven have issued a hold rating and twelve have given a buy rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of $96.74.

Exxon Mobil Company Profile

(Get Rating)

Exxon Mobil Corporation explores for and produces crude oil and natural gas in the United States and internationally. It operates through Upstream, Downstream, and Chemical segments. The company is also involved in the manufacture, trade, transport, and sale of crude oil, natural gas, petroleum products, petrochemicals, and other specialty products; manufactures and sells petrochemicals, including olefins, polyolefins, aromatics, and various other petrochemicals; and captures and stores carbon, hydrogen, and biofuels.

Featured Stories

Institutional Ownership by Quarter for Exxon Mobil (NYSE:XOM)

Receive News & Ratings for Exxon Mobil Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Exxon Mobil and related companies with MarketBeat.com's FREE daily email newsletter.