MASTERINVEST Kapitalanlage GmbH Buys 5,258 Shares of Exxon Mobil Corporation $XOM

MASTERINVEST Kapitalanlage GmbH lifted its stake in Exxon Mobil Corporation (NYSE:XOMFree Report) by 21.3% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 29,934 shares of the oil and gas company’s stock after acquiring an additional 5,258 shares during the quarter. MASTERINVEST Kapitalanlage GmbH’s holdings in Exxon Mobil were worth $3,375,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. Marshall & Sullivan Inc. WA bought a new stake in shares of Exxon Mobil during the 2nd quarter worth approximately $38,000. Bare Financial Services Inc grew its stake in shares of Exxon Mobil by 121.8% in the second quarter. Bare Financial Services Inc now owns 366 shares of the oil and gas company’s stock valued at $39,000 after buying an additional 201 shares in the last quarter. Clayton Financial Group LLC acquired a new position in Exxon Mobil during the third quarter worth $40,000. TruNorth Capital Management LLC raised its position in Exxon Mobil by 1,595.2% during the third quarter. TruNorth Capital Management LLC now owns 356 shares of the oil and gas company’s stock worth $40,000 after acquiring an additional 335 shares in the last quarter. Finally, Investment Research & Advisory Group Inc. acquired a new stake in Exxon Mobil in the second quarter valued at $42,000. 61.80% of the stock is owned by institutional investors and hedge funds.

Exxon Mobil News Roundup

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

Insider Activity

In other news, VP Darrin L. Talley sold 3,000 shares of the business’s stock in a transaction dated Wednesday, December 17th. The shares were sold at an average price of $117.19, for a total value of $351,570.00. Following the completion of the sale, the vice president owned 28,584 shares of the company’s stock, valued at approximately $3,349,758.96. The trade was a 9.50% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Insiders own 0.03% of the company’s stock.

Analyst Upgrades and Downgrades

XOM has been the topic of several recent analyst reports. Sanford C. Bernstein lowered their price objective on shares of Exxon Mobil from $142.00 to $137.00 and set an “outperform” rating on the stock in a research note on Monday, January 5th. Piper Sandler reduced their price target on Exxon Mobil from $144.00 to $142.00 and set an “overweight” rating for the company in a report on Thursday. Citigroup upped their price objective on Exxon Mobil from $115.00 to $118.00 and gave the company a “neutral” rating in a research note on Wednesday, December 10th. Scotiabank reiterated an “outperform” rating on shares of Exxon Mobil in a research note on Monday, November 3rd. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Exxon Mobil in a report on Monday, December 29th. One research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, thirteen have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $129.71.

View Our Latest Stock Report on XOM

Exxon Mobil Trading Up 1.4%

Shares of NYSE:XOM opened at $124.60 on Monday. Exxon Mobil Corporation has a 12-month low of $97.80 and a 12-month high of $125.93. The business has a 50 day moving average of $118.05 and a 200-day moving average of $113.95. The company has a quick ratio of 0.79, a current ratio of 1.14 and a debt-to-equity ratio of 0.12. The stock has a market cap of $525.44 billion, a PE ratio of 18.11, a P/E/G ratio of 7.77 and a beta of 0.37.

Exxon Mobil (NYSE:XOMGet Free Report) last released its quarterly earnings results on Friday, June 17th. The oil and gas company reported $0.65 earnings per share for the quarter. The business had revenue of $57.55 billion during the quarter. Exxon Mobil had a return on equity of 11.22% and a net margin of 8.99%. As a group, equities research analysts forecast that Exxon Mobil Corporation will post 7.43 earnings per share for the current year.

Exxon Mobil Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, December 10th. Stockholders of record on Friday, November 14th were given a $1.03 dividend. The ex-dividend date of this dividend was Friday, November 14th. This is a boost from Exxon Mobil’s previous quarterly dividend of $0.99. This represents a $4.12 dividend on an annualized basis and a dividend yield of 3.3%. Exxon Mobil’s dividend payout ratio (DPR) is presently 59.88%.

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.

Further Reading

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

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