Exxon Mobil Co. (NYSE:XOM) Shares Acquired by CRA Financial Services LLC

CRA Financial Services LLC lifted its stake in shares of Exxon Mobil Co. (NYSE:XOM) by 1.8% during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 35,387 shares of the oil and gas company’s stock after buying an additional 619 shares during the quarter. Exxon Mobil accounts for approximately 1.0% of CRA Financial Services LLC’s holdings, making the stock its 22nd largest holding. CRA Financial Services LLC’s holdings in Exxon Mobil were worth $3,795,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. FMR LLC grew its stake in shares of Exxon Mobil by 1.9% during the first quarter. FMR LLC now owns 144,949,334 shares of the oil and gas company’s stock valued at $15,895,144,000 after acquiring an additional 2,680,850 shares in the last quarter. Moneta Group Investment Advisors LLC increased its holdings in Exxon Mobil by 140,855.3% during the 4th quarter. Moneta Group Investment Advisors LLC now owns 123,341,568 shares of the oil and gas company’s stock worth $13,604,575,000 after purchasing an additional 123,254,064 shares during the last quarter. Geode Capital Management LLC increased its holdings in Exxon Mobil by 0.7% during the 1st quarter. Geode Capital Management LLC now owns 73,871,122 shares of the oil and gas company’s stock worth $8,084,883,000 after purchasing an additional 520,794 shares during the last quarter. Morgan Stanley boosted its stake in shares of Exxon Mobil by 11.9% during the 4th quarter. Morgan Stanley now owns 52,478,674 shares of the oil and gas company’s stock valued at $5,788,398,000 after buying an additional 5,566,797 shares during the last quarter. Finally, Price T Rowe Associates Inc. MD grew its position in shares of Exxon Mobil by 16.0% during the first quarter. Price T Rowe Associates Inc. MD now owns 47,592,122 shares of the oil and gas company’s stock worth $5,218,954,000 after buying an additional 6,580,247 shares in the last quarter. Hedge funds and other institutional investors own 58.53% of the company’s stock.

Insider Transactions at Exxon Mobil

In related news, Director Jeffrey W. Ubben purchased 458,000 shares of the company’s stock in a transaction that occurred on Monday, July 31st. The shares were purchased at an average price of $106.93 per share, with a total value of $48,973,940.00. Following the purchase, the director now owns 1,635,000 shares of the company’s stock, valued at approximately $174,830,550. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. In related news, VP Darrin L. Talley sold 1,500 shares of the firm’s stock in a transaction that occurred on Tuesday, September 5th. The shares were sold at an average price of $115.00, for a total value of $172,500.00. Following the completion of the transaction, the vice president now owns 27,772 shares of the company’s stock, valued at approximately $3,193,780. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Jeffrey W. Ubben bought 458,000 shares of the business’s stock in a transaction on Monday, July 31st. The shares were purchased at an average cost of $106.93 per share, for a total transaction of $48,973,940.00. Following the completion of the purchase, the director now owns 1,635,000 shares in the company, valued at $174,830,550. The disclosure for this purchase can be found here. 0.04% of the stock is owned by insiders.

Exxon Mobil Trading Up 0.8 %

Shares of XOM stock opened at $117.69 on Tuesday. Exxon Mobil Co. has a fifty-two week low of $83.89 and a fifty-two week high of $119.92. The company has a quick ratio of 1.09, a current ratio of 1.48 and a debt-to-equity ratio of 0.18. The stock has a market capitalization of $471.14 billion, a P/E ratio of 9.42, a P/E/G ratio of 0.61 and a beta of 1.08. The stock has a 50-day simple moving average of $108.65 and a 200 day simple moving average of $108.49.

Exxon Mobil (NYSE:XOM) last announced its quarterly earnings data on Friday, July 28th. The oil and gas company reported $1.94 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.00 by ($0.06). Exxon Mobil had a return on equity of 25.82% and a net margin of 13.72%. The business had revenue of $82.91 billion during the quarter, compared to analyst estimates of $81.80 billion. The business’s revenue for the quarter was down 28.3% on a year-over-year basis. During the same period in the prior year, the firm earned $4.14 EPS. On average, sell-side analysts expect that Exxon Mobil Co. will post 8.94 earnings per share for the current fiscal year.

Exxon Mobil Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, September 11th. Investors of record on Wednesday, August 16th were issued a $0.91 dividend. This represents a $3.64 dividend on an annualized basis and a dividend yield of 3.09%. The ex-dividend date of this dividend was Tuesday, August 15th. Exxon Mobil’s payout ratio is 29.12%.

Wall Street Analyst Weigh In

Several equities research analysts have recently weighed in on the stock. HSBC boosted their target price on shares of Exxon Mobil from $110.00 to $116.00 in a research report on Wednesday, August 9th. Mizuho upped their price target on Exxon Mobil from $131.00 to $139.00 and gave the company a “buy” rating in a research report on Monday. Royal Bank of Canada reaffirmed a “sector perform” rating and issued a $125.00 price objective on shares of Exxon Mobil in a report on Wednesday, July 19th. Redburn Partners raised shares of Exxon Mobil from a “sell” rating to a “neutral” rating and boosted their price objective for the company from $100.00 to $105.00 in a research report on Thursday, August 31st. Finally, Wolfe Research cut shares of Exxon Mobil from an “outperform” rating to a “peer perform” rating in a report on Friday, July 7th. They noted that the move was a valuation call. Eleven analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $123.78.

Exxon Mobil Profile

Exxon Mobil Corporation engages in the exploration and production of crude oil and natural gas in the United States and internationally. It operates through Upstream, Energy Products, Chemical Products, and Specialty Products segments. The Upstream segment explores for and produces crude oil and natural gas.