Cypress Wealth Services LLC Acquires 3,475 Shares of Exxon Mobil Corporation $XOM

Cypress Wealth Services LLC grew its holdings in Exxon Mobil Corporation (NYSE:XOMFree Report) by 21.7% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 19,518 shares of the oil and gas company’s stock after acquiring an additional 3,475 shares during the quarter. Cypress Wealth Services LLC’s holdings in Exxon Mobil were worth $2,349,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. Eagle Capital Management LLC lifted its stake in Exxon Mobil by 15.3% in the first quarter. Eagle Capital Management LLC now owns 2,836 shares of the oil and gas company’s stock valued at $337,000 after buying an additional 376 shares in the last quarter. Caxton Associates LLP bought a new stake in Exxon Mobil in the 1st quarter valued at $305,000. Sivia Capital Partners LLC boosted its stake in Exxon Mobil by 1.9% in the 2nd quarter. Sivia Capital Partners LLC now owns 11,237 shares of the oil and gas company’s stock worth $1,211,000 after purchasing an additional 207 shares during the period. United Bank increased its holdings in Exxon Mobil by 2.8% during the 2nd quarter. United Bank now owns 21,821 shares of the oil and gas company’s stock worth $2,352,000 after purchasing an additional 600 shares in the last quarter. Finally, Schnieders Capital Management LLC. raised its stake in shares of Exxon Mobil by 17.4% in the 2nd quarter. Schnieders Capital Management LLC. now owns 36,710 shares of the oil and gas company’s stock valued at $3,957,000 after purchasing an additional 5,443 shares during the period. Institutional investors own 61.80% of the company’s stock.

Key Exxon Mobil News

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

Insider Activity at Exxon Mobil

In related news, VP Darrin L. Talley sold 1,080 shares of the firm’s stock in a transaction on Monday, March 16th. The shares were sold at an average price of $155.50, for a total value of $167,940.00. Following the completion of the transaction, the vice president directly owned 17,124 shares of the company’s stock, valued at approximately $2,662,782. This trade represents a 5.93% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Over the last three months, insiders sold 11,460 shares of company stock valued at $1,687,854. Corporate insiders own 0.03% of the company’s stock.

Analysts Set New Price Targets

Several research analysts have recently weighed in on XOM shares. BMO Capital Markets reaffirmed a “market perform” rating and set a $155.00 price objective on shares of Exxon Mobil in a research report on Wednesday, February 4th. Jefferies Financial Group lifted their target price on Exxon Mobil from $146.00 to $148.00 and gave the company a “buy” rating in a research report on Wednesday, December 10th. HSBC boosted their target price on Exxon Mobil from $135.00 to $158.00 and gave the company a “hold” rating in a research note on Friday, March 20th. BNP Paribas Exane cut shares of Exxon Mobil from a “neutral” rating to an “underperform” rating and set a $125.00 price target for the company. in a research note on Tuesday, February 3rd. Finally, Scotiabank reiterated an “outperform” rating on shares of Exxon Mobil in a report on Friday, January 16th. Nine research analysts have rated the stock with a Buy rating, nine have given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Hold” and an average target price of $151.00.

Read Our Latest Research Report on XOM

Exxon Mobil Price Performance

NYSE:XOM opened at $171.38 on Tuesday. The company has a debt-to-equity ratio of 0.13, a quick ratio of 0.79 and a current ratio of 1.15. The stock’s 50-day simple moving average is $150.14 and its 200 day simple moving average is $128.66. The company has a market cap of $714.10 billion, a P/E ratio of 25.62, a P/E/G ratio of 1.27 and a beta of 0.35. Exxon Mobil Corporation has a 52-week low of $97.80 and a 52-week high of $176.41.

Exxon Mobil (NYSE:XOMGet Free Report) last issued its quarterly earnings results on Friday, January 30th. The oil and gas company reported $1.71 EPS for the quarter, beating the consensus estimate 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 return on equity of 11.21% and a net margin of 8.68%.The business’s quarterly revenue was down 1.3% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.67 earnings per share. As a group, sell-side analysts forecast that Exxon Mobil Corporation will post 7.43 EPS for the current fiscal year.

Exxon Mobil Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, March 10th. Stockholders of record on Thursday, February 12th were paid a dividend of $1.03 per share. The ex-dividend date was Thursday, February 12th. This represents a $4.12 dividend on an annualized basis and a dividend yield of 2.4%. Exxon Mobil’s dividend payout ratio is currently 61.58%.

About Exxon Mobil

(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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