James Investment Research Inc. Buys 5,033 Shares of ExxonMobil Corporation $XOM

James Investment Research Inc. boosted its stake in shares of ExxonMobil Corporation (NYSE:XOMFree Report) by 17.5% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 33,766 shares of the oil and gas company’s stock after acquiring an additional 5,033 shares during the quarter. James Investment Research Inc.’s holdings in ExxonMobil were worth $5,729,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also bought and sold shares of XOM. Portus Wealth Advisors LLC bought a new position in ExxonMobil during the 1st quarter valued at approximately $36,000. Berbice Capital Management LLC bought a new stake in shares of ExxonMobil in the 4th quarter worth approximately $26,000. Midwest Capital Advisors LLC purchased a new position in shares of ExxonMobil during the fourth quarter valued at approximately $27,000. E Fund Management Hong Kong Co. Ltd. increased its stake in shares of ExxonMobil by 456.1% during the fourth quarter. E Fund Management Hong Kong Co. Ltd. now owns 228 shares of the oil and gas company’s stock valued at $27,000 after buying an additional 187 shares during the period. Finally, Key Capital Management INC bought a new position in shares of ExxonMobil during the fourth quarter valued at approximately $28,000. 61.80% of the stock is currently owned by institutional investors.

ExxonMobil Price Performance

XOM opened at $137.03 on Monday. The company has a current ratio of 1.04, a quick ratio of 0.77 and a debt-to-equity ratio of 0.13. The company has a market cap of $567.99 billion, a price-to-earnings ratio of 23.11, a price-to-earnings-growth ratio of 0.58 and a beta of 0.17. The stock has a fifty day simple moving average of $147.37 and a two-hundred day simple moving average of $144.79. ExxonMobil Corporation has a 12-month low of $105.53 and a 12-month high of $176.41.

ExxonMobil (NYSE:XOMGet Free Report) last released its earnings results on Friday, May 1st. The oil and gas company reported $1.16 earnings per share for the quarter, topping analysts’ consensus estimates of $0.98 by $0.18. The firm had revenue of $83.16 billion for the quarter, compared to the consensus estimate of $81.13 billion. ExxonMobil had a net margin of 7.57% and a return on equity of 10.24%. The company’s revenue was up 2.4% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.76 EPS. Research analysts predict that ExxonMobil Corporation will post 11.9 earnings per share for the current fiscal year.

ExxonMobil Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, June 10th. Stockholders of record on Friday, May 15th were issued a dividend of $1.03 per share. This represents a $4.12 annualized dividend and a dividend yield of 3.0%. The ex-dividend date was Friday, May 15th. ExxonMobil’s dividend payout ratio (DPR) is presently 69.48%.

Analyst Ratings Changes

Several analysts recently weighed in on XOM shares. Piper Sandler cut their price target on shares of ExxonMobil from $186.00 to $182.00 and set an “overweight” rating on the stock in a report on Thursday, April 9th. TD Cowen decreased their price objective on shares of ExxonMobil from $172.00 to $155.00 and set a “buy” rating for the company in a report on Thursday. Wolfe Research cut shares of ExxonMobil from an “outperform” rating to a “peer perform” rating in a research report on Tuesday, April 21st. Barclays lifted their target price on shares of ExxonMobil from $163.00 to $182.00 and gave the company an “overweight” rating in a research note on Tuesday, May 26th. Finally, UBS Group increased their price target on shares of ExxonMobil from $171.00 to $174.00 and gave the stock a “buy” rating in a research note on Monday, May 4th. Eleven equities research analysts have rated the stock with a Buy rating and ten have assigned a Hold rating to the stock. Based on data from MarketBeat, ExxonMobil currently has a consensus rating of “Moderate Buy” and an average target price of $164.70.

Check Out Our Latest Stock Report on ExxonMobil

Key Headlines Impacting ExxonMobil

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ExxonMobil Profile

(Free Report)

ExxonMobil 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 ExxonMobil (NYSE:XOM)

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