First National Bank of Omaha lifted its holdings in shares of Exxon Mobil Co. (NYSE:XOM) by 8.6% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 299,687 shares of the oil and gas company’s stock after acquiring an additional 23,803 shares during the period. Exxon Mobil makes up 1.4% of First National Bank of Omaha’s holdings, making the stock its 12th biggest holding. First National Bank of Omaha’s holdings in Exxon Mobil were worth $21,161,000 as of its most recent SEC filing.
Several other large investors have also bought and sold shares of XOM. Massey Quick Simon & CO. LLC boosted its holdings in Exxon Mobil by 121.2% during the second quarter. Massey Quick Simon & CO. LLC now owns 334 shares of the oil and gas company’s stock worth $26,000 after purchasing an additional 183 shares during the last quarter. Krane Funds Advisors LLC purchased a new position in Exxon Mobil during the second quarter worth about $26,000. Asset Planning Services Ltd. boosted its holdings in Exxon Mobil by 1,984.0% during the second quarter. Asset Planning Services Ltd. now owns 521 shares of the oil and gas company’s stock worth $40,000 after purchasing an additional 496 shares during the last quarter. Marquette Asset Management LLC boosted its holdings in Exxon Mobil by 35.0% during the third quarter. Marquette Asset Management LLC now owns 578 shares of the oil and gas company’s stock worth $41,000 after purchasing an additional 150 shares during the last quarter. Finally, Evolution Wealth Advisors LLC purchased a new position in Exxon Mobil during the second quarter worth about $45,000. 54.39% of the stock is owned by institutional investors.
Several research analysts recently weighed in on the stock. Barclays assumed coverage on shares of Exxon Mobil in a report on Monday, August 19th. They set an “equal weight” rating and a $73.00 price target on the stock. Jefferies Financial Group restated a “neutral” rating and set a $76.00 price target on shares of Exxon Mobil in a report on Friday, November 1st. Goldman Sachs Group restated a “neutral” rating and set a $74.00 price target on shares of Exxon Mobil in a report on Friday, November 1st. BMO Capital Markets assumed coverage on shares of Exxon Mobil in a report on Tuesday, August 20th. They set a “market perform” rating and a $86.00 price target on the stock. Finally, Independent Research set a $74.00 price target on shares of Exxon Mobil and gave the stock a “neutral” rating in a report on Thursday, August 29th. Three investment analysts have rated the stock with a sell rating, eighteen have assigned a hold rating and five have issued a buy rating to the stock. The stock has an average rating of “Hold” and an average target price of $78.91.
XOM opened at $70.77 on Friday. The company has a quick ratio of 0.47, a current ratio of 0.74 and a debt-to-equity ratio of 0.10. The stock has a market cap of $309.25 billion, a price-to-earnings ratio of 14.35, a PEG ratio of 2.79 and a beta of 0.97. Exxon Mobil Co. has a twelve month low of $64.65 and a twelve month high of $83.49. The company’s 50-day moving average price is $69.60 and its two-hundred day moving average price is $72.99.
Exxon Mobil (NYSE:XOM) last announced its quarterly earnings results on Friday, November 1st. The oil and gas company reported $0.68 EPS for the quarter, beating the Zacks’ consensus estimate of $0.64 by $0.04. The company had revenue of $65.05 billion for the quarter, compared to analysts’ expectations of $65.86 billion. Exxon Mobil had a net margin of 5.43% and a return on equity of 7.44%. Exxon Mobil’s revenue was down 15.1% compared to the same quarter last year. During the same period in the prior year, the company posted $0.82 EPS. As a group, sell-side analysts anticipate that Exxon Mobil Co. will post 2.61 earnings per share for the current year.
The firm also recently declared a quarterly dividend, which will be paid on Tuesday, December 10th. Investors of record on Tuesday, November 12th will be paid a dividend of $0.87 per share. This represents a $3.48 dividend on an annualized basis and a dividend yield of 4.92%. The ex-dividend date of this dividend is Friday, November 8th. Exxon Mobil’s payout ratio is currently 70.59%.
Exxon Mobil Profile
Exxon Mobil Corporation explores for and produces crude oil and natural gas in the United States, Canada/Other Americas, Europe, Africa, Asia, and Australia/Oceania. It operates through Upstream, Downstream, and Chemical segments. The company is also involved in the manufacture, trade, transport, and sale of crude oil, petroleum products, and other specialty products; and manufactures and markets petrochemicals, including olefins, polyolefins, aromatics, and various other petrochemicals.
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