Home Federal Bank of Tennessee grew its position in Exxon Mobil Co. (NYSE:XOM – Get Rating) by 1.1% during the 1st quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 14,168 shares of the oil and gas company’s stock after purchasing an additional 150 shares during the period. Home Federal Bank of Tennessee’s holdings in Exxon Mobil were worth $1,170,000 as of its most recent filing with the SEC.
Several other large investors have also recently modified their holdings of XOM. Guardian Wealth Management Inc. acquired a new position in Exxon Mobil during the 4th quarter worth about $30,000. Horan Securities Inc. acquired a new position in Exxon Mobil during the 4th quarter worth about $31,000. West Bancorporation Inc. acquired a new position in Exxon Mobil during the 4th quarter worth about $32,000. Nvwm LLC lifted its position in Exxon Mobil by 100.0% during the 4th quarter. Nvwm LLC now owns 600 shares of the oil and gas company’s stock worth $36,000 after buying an additional 300 shares in the last quarter. Finally, Core Wealth Advisors Inc. lifted its position in Exxon Mobil by 454.5% during the 4th quarter. Core Wealth Advisors Inc. now owns 610 shares of the oil and gas company’s stock worth $37,000 after buying an additional 500 shares in the last quarter. Institutional investors own 54.07% of the company’s stock.
Several research analysts recently issued reports on the stock. Morgan Stanley upped their price target on shares of Exxon Mobil from $103.00 to $107.00 and gave the stock an “overweight” rating in a research report on Monday, June 6th. Barclays upped their target price on shares of Exxon Mobil from $98.00 to $111.00 and gave the company an “overweight” rating in a research report on Tuesday, May 31st. Credit Suisse Group upgraded shares of Exxon Mobil from a “neutral” rating to an “outperform” rating and upped their target price for the company from $115.00 to $125.00 in a research report on Tuesday. Citigroup upped their target price on shares of Exxon Mobil from $80.00 to $90.00 and gave the company a “neutral” rating in a research report on Thursday, May 19th. Finally, Cowen upped their target price on shares of Exxon Mobil from $77.00 to $90.00 in a research report on Monday, May 2nd. Two research analysts have rated the stock with a sell rating, ten have assigned a hold rating and eleven have issued a buy rating to the company’s stock. According to MarketBeat, Exxon Mobil currently has an average rating of “Hold” and a consensus price target of $89.24.
Shares of XOM stock opened at $87.86 on Thursday. The stock has a 50-day moving average of $91.53 and a 200-day moving average of $80.64. Exxon Mobil Co. has a one year low of $52.10 and a one year high of $105.57. The company has a debt-to-equity ratio of 0.24, a current ratio of 1.07 and a quick ratio of 0.76. The stock has a market cap of $370.11 billion, a PE ratio of 14.57, a price-to-earnings-growth ratio of 0.35 and a beta of 1.05.
Exxon Mobil (NYSE:XOM – Get Rating) last posted its earnings results on Friday, April 29th. The oil and gas company reported $2.07 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.25 by ($0.18). Exxon Mobil had a return on equity of 16.97% and a net margin of 8.14%. The business had revenue of $90.50 billion for the quarter, compared to the consensus estimate of $83.57 billion. During the same period in the previous year, the company posted $0.65 earnings per share. Exxon Mobil’s revenue for the quarter was up 53.0% compared to the same quarter last year. As a group, research analysts anticipate that Exxon Mobil Co. will post 10.26 earnings per share for the current year.
The firm also recently announced a quarterly dividend, which was paid on Friday, June 10th. Investors of record on Friday, May 13th were paid a dividend of $0.88 per share. The ex-dividend date of this dividend was Thursday, May 12th. This represents a $3.52 dividend on an annualized basis and a yield of 4.01%. Exxon Mobil’s payout ratio is 58.37%.
Exxon Mobil Profile (Get Rating)
Exxon Mobil Corporation explores for and produces crude oil and natural gas in the United States and internationally. It operates through Upstream, Downstream, and Chemical segments. The company is also involved in the manufacture, trade, transport, and sale of crude oil, natural gas, petroleum products, petrochemicals, and other specialty products; manufactures and sells petrochemicals, including olefins, polyolefins, aromatics, and various other petrochemicals; and captures and stores carbon, hydrogen, and biofuels.
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