Compound Planning Inc. Buys 7,804 Shares of Exxon Mobil Corporation $XOM

Compound Planning Inc. boosted its stake in shares of Exxon Mobil Corporation (NYSE:XOMFree Report) by 15.3% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 58,744 shares of the oil and gas company’s stock after acquiring an additional 7,804 shares during the period. Compound Planning Inc.’s holdings in Exxon Mobil were worth $6,623,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Westfuller Advisors LLC bought a new stake in Exxon Mobil during the third quarter worth about $30,000. Clayton Financial Group LLC acquired a new position in shares of Exxon Mobil in the 3rd quarter valued at approximately $40,000. TruNorth Capital Management LLC lifted 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 acquiring an additional 335 shares during the period. Bare Financial Services Inc boosted its position in shares of Exxon Mobil by 121.8% during the 2nd quarter. Bare Financial Services Inc now owns 366 shares of the oil and gas company’s stock worth $39,000 after acquiring an additional 201 shares in the last quarter. Finally, Halbert Hargrove Global Advisors LLC raised its position in Exxon Mobil by 95.8% during the third quarter. Halbert Hargrove Global Advisors LLC now owns 370 shares of the oil and gas company’s stock valued at $42,000 after purchasing an additional 181 shares in the last quarter. 61.80% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of equities research analysts have weighed in on the company. UBS Group reaffirmed a “buy” rating and issued a $171.00 target price on shares of Exxon Mobil in a report on Monday, February 2nd. Mizuho set a $140.00 price objective on Exxon Mobil in a research report on Wednesday, February 4th. Morgan Stanley decreased their target price on Exxon Mobil from $137.00 to $134.00 and set an “overweight” rating on the stock in a research report on Friday, January 23rd. Loop Capital set a $123.00 target price on Exxon Mobil in a research note on Tuesday, February 3rd. Finally, TD Cowen raised their price target on shares of Exxon Mobil from $135.00 to $145.00 and gave the company a “buy” rating in a research note on Tuesday, February 3rd. Nine analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, Exxon Mobil presently has a consensus rating of “Hold” and a consensus target price of $140.59.

Check Out Our Latest Analysis on Exxon Mobil

Insider Activity

In other news, VP Darrin L. Talley sold 5,000 shares of Exxon Mobil stock in a transaction on Monday, February 2nd. The shares were sold at an average price of $139.75, for a total transaction of $698,750.00. Following the transaction, the vice president owned 23,584 shares in the company, valued at approximately $3,295,864. The trade was a 17.49% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders have sold a total of 14,230 shares of company stock worth $1,888,421 over the last ninety days. 0.03% of the stock is currently owned by company insiders.

Key Stories Impacting Exxon Mobil

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

Exxon Mobil Price Performance

Exxon Mobil stock opened at $150.72 on Tuesday. The stock has a 50-day moving average price of $132.95 and a two-hundred day moving average price of $120.55. Exxon Mobil Corporation has a 12 month low of $97.80 and a 12 month high of $156.93. The company has a market capitalization of $628.01 billion, a PE ratio of 22.53, a P/E/G ratio of 15.28 and a beta of 0.39. The company has a current ratio of 1.15, a quick ratio of 0.79 and a debt-to-equity ratio of 0.13.

Exxon Mobil (NYSE:XOMGet Free Report) last released its quarterly earnings results on Friday, January 30th. The oil and gas company reported $1.71 earnings per share for the quarter, topping the consensus estimate of $1.63 by $0.08. The company had revenue of $80.04 billion for 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 previous year, the business posted $1.67 earnings per share. Analysts expect that Exxon Mobil Corporation will post 7.43 EPS for the current year.

Exxon Mobil Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, March 10th. Shareholders of record on Thursday, February 12th will be given a $1.03 dividend. This represents a $4.12 annualized dividend and a yield of 2.7%. The ex-dividend date is Thursday, February 12th. Exxon Mobil’s dividend payout ratio is 61.58%.

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.

See Also

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

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