Haverford Trust Co Has $15.74 Million Holdings in Exxon Mobil Co. (NYSE:XOM)

Haverford Trust Co grew its holdings in Exxon Mobil Co. (NYSE:XOMFree Report) by 2.8% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 135,391 shares of the oil and gas company’s stock after purchasing an additional 3,680 shares during the period. Haverford Trust Co’s holdings in Exxon Mobil were worth $15,738,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in XOM. Vanguard Group Inc. lifted its position in Exxon Mobil by 0.3% in the 4th quarter. Vanguard Group Inc. now owns 388,543,396 shares of the oil and gas company’s stock worth $38,846,569,000 after buying an additional 1,269,495 shares in the last quarter. Norges Bank acquired a new position in Exxon Mobil in the 4th quarter worth about $5,519,753,000. Capital International Investors increased its position in Exxon Mobil by 22.8% in the 4th quarter. Capital International Investors now owns 21,988,523 shares of the oil and gas company’s stock worth $2,198,413,000 after purchasing an additional 4,084,458 shares during the last quarter. Capital Research Global Investors lifted its holdings in shares of Exxon Mobil by 6.0% during the 4th quarter. Capital Research Global Investors now owns 18,388,299 shares of the oil and gas company’s stock valued at $1,838,462,000 after buying an additional 1,037,226 shares during the last quarter. Finally, Putnam Investments LLC lifted its holdings in shares of Exxon Mobil by 16.7% during the 4th quarter. Putnam Investments LLC now owns 13,301,039 shares of the oil and gas company’s stock valued at $1,329,838,000 after buying an additional 1,901,075 shares during the last quarter. 61.80% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at Exxon Mobil

In other Exxon Mobil news, VP Darrin L. Talley sold 2,426 shares of Exxon Mobil stock in a transaction on Monday, April 29th. The shares were sold at an average price of $119.01, for a total transaction of $288,718.26. Following the sale, the vice president now owns 25,363 shares in the company, valued at $3,018,450.63. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. 0.03% of the stock is currently owned by corporate insiders.

Exxon Mobil Stock Performance

XOM stock traded down $0.72 on Tuesday, reaching $111.46. 1,519,904 shares of the company were exchanged, compared to its average volume of 17,982,100. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.38 and a quick ratio of 1.06. Exxon Mobil Co. has a 12 month low of $95.77 and a 12 month high of $123.75. The stock’s fifty day moving average price is $114.51 and its 200 day moving average price is $110.25. The firm has a market capitalization of $439.49 billion, a PE ratio of 13.75, a PEG ratio of 4.10 and a beta of 0.91.

Exxon Mobil (NYSE:XOMGet Free Report) last posted its quarterly earnings data on Friday, April 26th. The oil and gas company reported $2.06 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.19 by ($0.13). Exxon Mobil had a return on equity of 16.75% and a net margin of 9.62%. The company had revenue of $83.08 billion for the quarter, compared to the consensus estimate of $79.69 billion. During the same quarter in the previous year, the firm posted $2.83 EPS. The business’s revenue for the quarter was down 4.0% compared to the same quarter last year. On average, research analysts anticipate that Exxon Mobil Co. will post 9.18 EPS for the current fiscal year.

Exxon Mobil Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, June 10th. Stockholders of record on Wednesday, May 15th were given a dividend of $0.95 per share. This represents a $3.80 dividend on an annualized basis and a dividend yield of 3.41%. The ex-dividend date of this dividend was Tuesday, May 14th. Exxon Mobil’s dividend payout ratio is presently 46.57%.

Analyst Ratings Changes

A number of equities analysts recently commented on the company. Morgan Stanley restated an “overweight” rating and issued a $145.00 price objective on shares of Exxon Mobil in a report on Wednesday, May 15th. TD Cowen lifted their price objective on shares of Exxon Mobil from $128.00 to $135.00 and gave the company a “buy” rating in a research note on Tuesday, April 30th. UBS Group upped their price objective on shares of Exxon Mobil from $152.00 to $154.00 and gave the stock a “buy” rating in a report on Tuesday, June 25th. Scotiabank boosted their price target on Exxon Mobil from $114.00 to $129.00 and gave the stock a “sector perform” rating in a research report on Thursday, April 11th. Finally, Truist Financial reissued a “hold” rating and set a $124.00 price objective (down previously from $146.00) on shares of Exxon Mobil in a report on Friday, June 7th. Eight equities research analysts have rated the stock with a hold rating and ten have issued a buy rating to the company. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $134.71.

Check Out Our Latest Report on Exxon Mobil

About Exxon Mobil

(Free Report)

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.

See Also

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

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