WINTON GROUP Ltd Trims Stock Holdings in Exxon Mobil Co. (NYSE:XOM)

WINTON GROUP Ltd cut its holdings in shares of Exxon Mobil Co. (NYSE:XOM) by 23.2% during the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 27,030 shares of the oil and gas company’s stock after selling 8,177 shares during the quarter. WINTON GROUP Ltd’s holdings in Exxon Mobil were worth $3,112,000 at the end of the most recent quarter.

Other institutional investors also recently made changes to their positions in the company. FPC Investment Advisory Inc. bought a new position in shares of Exxon Mobil during the first quarter worth about $25,000. Anfield Capital Management LLC lifted its holdings in Exxon Mobil by 360.0% during the 2nd quarter. Anfield Capital Management LLC now owns 322 shares of the oil and gas company’s stock worth $37,000 after buying an additional 252 shares during the last quarter. POM Investment Strategies LLC grew its position in shares of Exxon Mobil by 918.9% in the 2nd quarter. POM Investment Strategies LLC now owns 377 shares of the oil and gas company’s stock worth $43,000 after acquiring an additional 340 shares in the last quarter. Lynx Investment Advisory bought a new stake in shares of Exxon Mobil in the 2nd quarter valued at approximately $47,000. Finally, Vima LLC acquired a new stake in shares of Exxon Mobil during the 4th quarter valued at approximately $50,000. 61.80% of the stock is owned by institutional investors and hedge funds.

Exxon Mobil Trading Up 1.4 %

Exxon Mobil stock opened at $112.75 on Tuesday. Exxon Mobil Co. has a 12-month low of $95.77 and a 12-month high of $123.75. The stock has a market capitalization of $444.57 billion, a PE ratio of 13.82, a price-to-earnings-growth ratio of 4.38 and a beta of 0.90. The firm has a 50 day simple moving average of $115.67 and a 200-day simple moving average of $115.19. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.36 and a quick ratio of 1.01.

Exxon Mobil (NYSE:XOM) last released its earnings results on Friday, August 2nd. The oil and gas company reported $2.14 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.04 by $0.10. Exxon Mobil had a return on equity of 16.07% and a net margin of 9.73%. The firm had revenue of $93.06 billion for the quarter, compared to analyst estimates of $90.09 billion. During the same period in the previous year, the company earned $1.94 earnings per share. Exxon Mobil’s revenue was up 12.2% compared to the same quarter last year. As a group, equities research analysts expect that Exxon Mobil Co. will post 8.36 EPS for the current fiscal year.

Exxon Mobil Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, September 10th. Stockholders of record on Thursday, August 15th were given a dividend of $0.95 per share. This represents a $3.80 dividend on an annualized basis and a dividend yield of 3.37%. The ex-dividend date was Thursday, August 15th. Exxon Mobil’s dividend payout ratio (DPR) is presently 46.57%.

Wall Street Analyst Weigh In

XOM has been the subject of several recent research reports. Royal Bank of Canada reiterated a “sector perform” rating and set a $135.00 target price on shares of Exxon Mobil in a research note on Tuesday, July 9th. Truist Financial dropped their price objective on shares of Exxon Mobil from $124.00 to $121.00 and set a “hold” rating on the stock in a research note on Monday, July 22nd. Wolfe Research started coverage on Exxon Mobil in a research note on Thursday, July 18th. They issued an “outperform” rating and a $146.00 target price for the company. Evercore ISI upgraded Exxon Mobil to a “strong-buy” rating in a research report on Monday, August 5th. Finally, Mizuho boosted their price objective on Exxon Mobil from $128.00 to $130.00 and gave the company a “neutral” rating in a research report on Monday. Seven investment analysts have rated the stock with a hold rating, eleven have issued a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $136.24.

Exxon Mobil Company 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.