Coldstream Capital Management Inc. Has $19.10 Million Holdings in Exxon Mobil Corporation $XOM

Coldstream Capital Management Inc. increased its holdings in shares of Exxon Mobil Corporation (NYSE:XOMFree Report) by 8.9% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 169,433 shares of the oil and gas company’s stock after acquiring an additional 13,880 shares during the quarter. Coldstream Capital Management Inc.’s holdings in Exxon Mobil were worth $19,104,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also bought and sold shares of XOM. Danske Bank A S bought a new position in Exxon Mobil during the 3rd quarter worth $4,150,000. Advisory Services Network LLC lifted its position in shares of Exxon Mobil by 1.8% during the 3rd quarter. Advisory Services Network LLC now owns 246,493 shares of the oil and gas company’s stock valued at $27,792,000 after acquiring an additional 4,442 shares during the period. Kozak & Associates Inc. grew its holdings in shares of Exxon Mobil by 4.0% during the 3rd quarter. Kozak & Associates Inc. now owns 4,661 shares of the oil and gas company’s stock worth $549,000 after purchasing an additional 181 shares in the last quarter. San Luis Wealth Advisors LLC increased its position in shares of Exxon Mobil by 4.4% in the third quarter. San Luis Wealth Advisors LLC now owns 29,257 shares of the oil and gas company’s stock worth $3,299,000 after purchasing an additional 1,234 shares during the period. Finally, Tcfg Wealth Management LLC increased its position in shares of Exxon Mobil by 32.5% in the third quarter. Tcfg Wealth Management LLC now owns 14,300 shares of the oil and gas company’s stock worth $1,612,000 after purchasing an additional 3,506 shares during the period. Institutional investors and hedge funds own 61.80% of the company’s stock.

Exxon Mobil Stock Performance

Exxon Mobil stock opened at $158.86 on Wednesday. Exxon Mobil Corporation has a 12-month low of $97.80 and a 12-month high of $160.45. The company has a quick ratio of 0.79, a current ratio of 1.15 and a debt-to-equity ratio of 0.13. The business’s 50-day moving average price is $143.38 and its two-hundred day moving average price is $125.38. The stock has a market cap of $661.92 billion, a PE ratio of 23.75, a P/E/G ratio of 1.23 and a beta of 0.35.

Exxon Mobil (NYSE:XOMGet Free Report) last posted its earnings results on Friday, January 30th. The oil and gas company reported $1.71 EPS for the quarter, topping analysts’ consensus estimates of $1.63 by $0.08. The firm had revenue of $80.04 billion during the quarter, compared to analysts’ expectations of $77.98 billion. Exxon Mobil had a net margin of 8.68% and a return on equity of 11.21%. The business’s revenue for the quarter was down 1.3% compared to the same quarter last year. During the same quarter in the prior year, the business earned $1.67 earnings per share. As a group, analysts expect that Exxon Mobil Corporation will post 7.43 earnings per share for the current fiscal year.

Exxon Mobil Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, March 10th. Investors of record on Thursday, February 12th were given a dividend of $1.03 per share. This represents a $4.12 dividend on an annualized basis and a yield of 2.6%. The ex-dividend date was Thursday, February 12th. Exxon Mobil’s dividend payout ratio is currently 61.58%.

Insider Buying and Selling

In related news, VP Darrin L. Talley sold 5,000 shares of the stock in a transaction that occurred on Monday, February 2nd. The shares were sold at an average price of $139.75, for a total value of $698,750.00. Following the completion of the transaction, the vice president owned 23,584 shares of the company’s stock, valued at $3,295,864. This represents a 17.49% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Over the last ninety days, insiders have sold 11,460 shares of company stock valued at $1,687,854. 0.03% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

Several equities research analysts recently weighed in on XOM shares. Wells Fargo & Company cut their price objective on shares of Exxon Mobil from $158.00 to $156.00 and set an “overweight” rating for the company in a research report on Monday, February 2nd. Mizuho raised their target price on shares of Exxon Mobil from $140.00 to $162.00 and gave the company a “neutral” rating in a report on Tuesday. Citigroup boosted their target price on shares of Exxon Mobil from $118.00 to $150.00 and gave the company a “neutral” rating in a research report on Monday, March 2nd. Piper Sandler upped their price target on shares of Exxon Mobil from $145.00 to $186.00 and gave the stock an “overweight” rating in a report on Thursday, March 12th. Finally, Scotiabank reiterated an “outperform” rating on shares of Exxon Mobil in a research report on Friday, January 16th. Nine analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, Exxon Mobil currently has a consensus rating of “Hold” and an average target price of $148.35.

Read Our Latest Analysis on Exxon Mobil

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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.

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

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