Exxon Mobil Co. (NYSE:XOM) Shares Acquired by SYM FINANCIAL Corp

SYM FINANCIAL Corp increased its holdings in shares of Exxon Mobil Co. (NYSE:XOM) by 286.4% in the second quarter, Holdings Channel reports. The firm owned 13,590 shares of the oil and gas company’s stock after acquiring an additional 10,073 shares during the period. Exxon Mobil accounts for 0.2% of SYM FINANCIAL Corp’s investment portfolio, making the stock its 27th biggest position. SYM FINANCIAL Corp’s holdings in Exxon Mobil were worth $1,564,000 as of its most recent filing with the SEC.

Several other institutional investors also recently bought and sold shares of the business. FPC Investment Advisory Inc. purchased a new stake in Exxon Mobil during the 1st quarter worth $25,000. Anfield Capital Management LLC grew 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 acquiring an additional 252 shares in the last quarter. POM Investment Strategies LLC increased 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 purchasing an additional 340 shares during the last quarter. Lynx Investment Advisory acquired a new stake in shares of Exxon Mobil in the 2nd quarter valued at about $47,000. Finally, Vima LLC bought a new position in shares of Exxon Mobil during the fourth quarter worth about $50,000. 61.80% of the stock is currently owned by hedge funds and other institutional investors.

Exxon Mobil Stock Down 0.1 %

XOM opened at $111.15 on Monday. The stock’s 50 day moving average price is $115.66 and its 200 day moving average price is $115.14. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.36 and a quick ratio of 1.01. The stock has a market cap of $438.27 billion, a P/E ratio of 13.62, a P/E/G ratio of 4.38 and a beta of 0.90. Exxon Mobil Co. has a 12 month low of $95.77 and a 12 month high of $123.75.

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

Exxon Mobil Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, September 10th. Stockholders of record on Thursday, August 15th were paid a $0.95 dividend. This represents a $3.80 dividend on an annualized basis and a dividend yield of 3.42%. The ex-dividend date of this dividend was Thursday, August 15th. Exxon Mobil’s dividend payout ratio is currently 46.57%.

Analyst Ratings Changes

XOM has been the subject of several research analyst reports. UBS Group boosted their price objective on Exxon Mobil from $156.00 to $157.00 and gave the company a “buy” rating in a report on Tuesday, August 20th. Wells Fargo & Company lowered their price target on Exxon Mobil from $139.00 to $135.00 and set an “overweight” rating for the company in a report on Monday, August 5th. Evercore ISI upgraded Exxon Mobil to a “strong-buy” rating in a research note on Monday, August 5th. Sanford C. Bernstein lowered their target price on shares of Exxon Mobil from $139.00 to $138.00 and set an “outperform” rating for the company in a research note on Wednesday, July 17th. Finally, Truist Financial reduced their price target on shares of Exxon Mobil from $124.00 to $121.00 and set a “hold” rating on the stock in a research report on Monday, July 22nd. Seven equities research 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 company currently has an average rating of “Moderate Buy” and a consensus target price of $136.29.

Exxon Mobil 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.