DT Investment Partners LLC Has $3.24 Million Holdings in Exxon Mobil Corporation $XOM

DT Investment Partners LLC boosted its holdings in Exxon Mobil Corporation (NYSE:XOMFree Report) by 20.8% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 28,745 shares of the oil and gas company’s stock after purchasing an additional 4,942 shares during the quarter. DT Investment Partners LLC’s holdings in Exxon Mobil were worth $3,241,000 at the end of the most recent reporting period.

Other institutional investors have also recently bought and sold shares of the company. Game Plan Financial Advisors LLC raised its position in shares of Exxon Mobil by 1,500.0% in the first quarter. Game Plan Financial Advisors LLC now owns 320 shares of the oil and gas company’s stock valued at $38,000 after buying an additional 300 shares in the last quarter. Marshall & Sullivan Inc. WA bought a new position in Exxon Mobil during the 2nd quarter worth $38,000. Bare Financial Services Inc raised its holdings in Exxon Mobil by 121.8% in the 2nd quarter. Bare Financial Services Inc now owns 366 shares of the oil and gas company’s stock valued at $39,000 after acquiring an additional 201 shares in the last quarter. Clayton Financial Group LLC bought a new stake in shares of Exxon Mobil during the 3rd quarter valued at $40,000. Finally, TruNorth Capital Management LLC grew its holdings in shares of Exxon Mobil by 1,595.2% during the 3rd quarter. TruNorth Capital Management LLC now owns 356 shares of the oil and gas company’s stock worth $40,000 after purchasing an additional 335 shares in the last quarter. Institutional investors own 61.80% of the company’s stock.

More Exxon Mobil News

Here are the key news stories impacting Exxon Mobil this week:

Exxon Mobil Price Performance

XOM stock opened at $121.20 on Wednesday. The stock has a market cap of $511.12 billion, a price-to-earnings ratio of 17.62, a P/E/G ratio of 7.72 and a beta of 0.37. The company has a debt-to-equity ratio of 0.12, a current ratio of 1.14 and a quick ratio of 0.79. The company has a 50 day simple moving average of $117.64 and a 200 day simple moving average of $113.69. Exxon Mobil Corporation has a 1 year low of $97.80 and a 1 year high of $125.93.

Exxon Mobil (NYSE:XOMGet Free Report) last posted its earnings results on Friday, June 17th. The oil and gas company reported $0.65 earnings per share for the quarter. The firm had revenue of $57.55 billion for the quarter. Exxon Mobil had a net margin of 8.99% and a return on equity of 11.22%. Research analysts anticipate that Exxon Mobil Corporation will post 7.43 EPS for the current fiscal year.

Exxon Mobil Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, December 10th. Investors of record on Friday, November 14th were given a dividend of $1.03 per share. The ex-dividend date was Friday, November 14th. This represents a $4.12 dividend on an annualized basis and a yield of 3.4%. This is an increase from Exxon Mobil’s previous quarterly dividend of $0.99. Exxon Mobil’s dividend payout ratio is presently 59.88%.

Insider Transactions at Exxon Mobil

In other Exxon Mobil news, VP Darrin L. Talley sold 3,000 shares of the stock in a transaction dated Wednesday, December 17th. The stock was sold at an average price of $117.19, for a total value of $351,570.00. Following the completion of the transaction, the vice president directly owned 28,584 shares in the company, valued at approximately $3,349,758.96. This trade represents a 9.50% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 0.03% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

A number of research analysts recently commented on XOM shares. Cowen reaffirmed a “buy” rating on shares of Exxon Mobil in a research note on Friday, December 12th. Weiss Ratings restated a “hold (c)” rating on shares of Exxon Mobil in a research report on Monday, December 29th. Scotiabank reiterated an “outperform” rating on shares of Exxon Mobil in a research report on Monday, November 3rd. Wells Fargo & Company lifted their price objective on shares of Exxon Mobil from $156.00 to $158.00 and gave the company an “overweight” rating in a research note on Thursday, December 11th. Finally, Piper Sandler upped their target price on Exxon Mobil from $141.00 to $144.00 and gave the stock an “overweight” rating in a research note on Monday, November 10th. One research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, thirteen have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $129.81.

Check Out Our Latest Stock Report on Exxon Mobil

Exxon Mobil Company Profile

(Free Report)

Exxon Mobil 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.

Read More

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.