Exxon Mobil Co. (XOM) Shares Bought by Winslow Evans & Crocker Inc.
Winslow Evans & Crocker Inc. lifted its position in Exxon Mobil Co. (NYSE:XOM) by 4.1% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 98,144 shares of the oil and gas company’s stock after buying an additional 3,908 shares during the quarter. Exxon Mobil comprises approximately 2.5% of Winslow Evans & Crocker Inc.’s holdings, making the stock its 2nd biggest position. Winslow Evans & Crocker Inc.’s holdings in Exxon Mobil were worth $8,122,000 as of its most recent filing with the Securities and Exchange Commission.
Several other large investors have also recently added to or reduced their stakes in the stock. Macroview Investment Management LLC bought a new position in Exxon Mobil during the first quarter worth $102,000. Corbyn Investment Management Inc. MD bought a new position in Exxon Mobil during the first quarter worth $110,000. KHP Capital LLC bought a new position in Exxon Mobil during the first quarter worth $111,000. Clearwater Capital Advisors LLC bought a new position in Exxon Mobil during the first quarter worth $122,000. Finally, Trilogy Capital Inc. bought a new position in Exxon Mobil during the first quarter worth $149,000. 52.43% of the stock is owned by institutional investors and hedge funds.
A number of research firms have commented on XOM. Royal Bank of Canada reaffirmed a “buy” rating and set a $105.00 price objective on shares of Exxon Mobil in a research report on Wednesday, August 8th. JPMorgan Chase & Co. reaffirmed a “neutral” rating and set a $88.00 price objective on shares of Exxon Mobil in a research report on Tuesday, July 10th. Barclays lifted their price objective on shares of Exxon Mobil from $84.00 to $87.00 and gave the stock an “underweight” rating in a research report on Wednesday, July 11th. Morningstar set a $85.00 price objective on shares of Exxon Mobil and gave the stock a “neutral” rating in a research report on Monday, June 11th. Finally, Jefferies Financial Group reaffirmed a “neutral” rating and set a $87.00 price objective on shares of Exxon Mobil in a research report on Monday, June 11th. Five analysts have rated the stock with a sell rating, fourteen have given a hold rating, six have given a buy rating and one has assigned a strong buy rating to the stock. Exxon Mobil currently has an average rating of “Hold” and an average price target of $87.13.
XOM opened at $86.60 on Tuesday. Exxon Mobil Co. has a fifty-two week low of $72.15 and a fifty-two week high of $89.30. The company has a debt-to-equity ratio of 0.11, a current ratio of 0.81 and a quick ratio of 0.51. The firm has a market cap of $360.90 billion, a PE ratio of 24.12, a PEG ratio of 1.43 and a beta of 0.86.
Exxon Mobil (NYSE:XOM) last posted its earnings results on Friday, July 27th. The oil and gas company reported $0.92 earnings per share for the quarter, missing the Zacks’ consensus estimate of $1.26 by ($0.34). Exxon Mobil had a return on equity of 8.45% and a net margin of 7.64%. The firm had revenue of $73.50 billion for the quarter, compared to analyst estimates of $71.66 billion. During the same period in the prior year, the business posted $0.78 EPS. The firm’s quarterly revenue was up 26.6% compared to the same quarter last year. sell-side analysts predict that Exxon Mobil Co. will post 4.54 EPS for the current year.
The business also recently declared a quarterly dividend, which was paid on Monday, September 10th. Investors of record on Monday, August 13th were paid a $0.82 dividend. This represents a $3.28 dividend on an annualized basis and a yield of 3.79%. The ex-dividend date was Friday, August 10th. Exxon Mobil’s dividend payout ratio (DPR) is presently 91.36%.
About Exxon Mobil
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 also manufactures petroleum products; manufactures and markets commodity petrochemicals, including olefins, aromatics, polyethylene, and polypropylene plastics, as well as various specialty products; and transports and sells crude oil, natural gas, and petroleum products.
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