Great Waters Wealth Management Acquires Shares of 1,758 Exxon Mobil Co. (NYSE:XOM)

Great Waters Wealth Management acquired a new stake in shares of Exxon Mobil Co. (NYSE:XOM) during the 1st quarter, according to its most recent disclosure with the SEC. The fund acquired 1,758 shares of the oil and gas company’s stock, valued at approximately $204,000.

Other large investors have also bought and sold shares of the company. Rathbones Group PLC lifted its position in Exxon Mobil by 20.9% in the 3rd quarter. Rathbones Group PLC now owns 325,614 shares of the oil and gas company’s stock valued at $38,286,000 after acquiring an additional 56,219 shares in the last quarter. V Square Quantitative Management LLC bought a new position in Exxon Mobil in the 3rd quarter valued at approximately $208,000. UniSuper Management Pty Ltd lifted its position in Exxon Mobil by 0.7% in the 3rd quarter. UniSuper Management Pty Ltd now owns 29,600 shares of the oil and gas company’s stock valued at $3,480,000 after acquiring an additional 200 shares in the last quarter. Fuller & Thaler Asset Management Inc. lifted its position in Exxon Mobil by 5.0% in the 3rd quarter. Fuller & Thaler Asset Management Inc. now owns 8,563 shares of the oil and gas company’s stock valued at $1,007,000 after acquiring an additional 406 shares in the last quarter. Finally, Rodgers Brothers Inc. lifted its position in Exxon Mobil by 7.5% in the 3rd quarter. Rodgers Brothers Inc. now owns 39,818 shares of the oil and gas company’s stock valued at $4,682,000 after acquiring an additional 2,790 shares in the last quarter. 61.80% of the stock is owned by institutional investors.

Insider Buying and Selling at Exxon Mobil

In other Exxon Mobil news, VP Darrin L. Talley sold 2,426 shares of the stock in a transaction dated Monday, April 29th. The shares were sold at an average price of $119.01, for a total transaction of $288,718.26. Following the completion of the transaction, the vice president now owns 25,363 shares of the company’s stock, valued at approximately $3,018,450.63. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 0.03% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms recently issued reports on XOM. Morgan Stanley reaffirmed an “overweight” rating and issued a $145.00 price objective on shares of Exxon Mobil in a research report on Wednesday, May 15th. TD Cowen boosted their target price on shares of Exxon Mobil from $128.00 to $135.00 and gave the company a “buy” rating in a research note on Tuesday, April 30th. Mizuho boosted their target price on shares of Exxon Mobil from $125.00 to $128.00 and gave the company a “neutral” rating in a research note on Monday, May 13th. Scotiabank boosted their target price on shares of Exxon Mobil from $114.00 to $129.00 and gave the company a “sector perform” rating in a research note on Thursday, April 11th. Finally, HSBC boosted their target price on shares of Exxon Mobil from $111.00 to $120.00 and gave the company a “hold” rating in a research note on Tuesday, April 30th. Nine analysts have rated the stock with a hold rating and ten have issued a buy rating to the company’s stock. According to MarketBeat.com, Exxon Mobil currently has an average rating of “Moderate Buy” and a consensus price target of $133.71.

Exxon Mobil Trading Up 2.2 %

Shares of XOM stock opened at $111.75 on Friday. Exxon Mobil Co. has a 52-week low of $95.77 and a 52-week high of $123.75. The company has a debt-to-equity ratio of 0.15, a quick ratio of 1.06 and a current ratio of 1.38. The firm has a market capitalization of $440.63 billion, a PE ratio of 13.69, a PEG ratio of 3.90 and a beta of 0.92. The stock has a fifty day simple moving average of $115.89 and a two-hundred day simple moving average of $108.98.

Exxon Mobil (NYSE:XOM) last issued its quarterly earnings results on Friday, April 26th. The oil and gas company reported $2.06 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.19 by ($0.13). Exxon Mobil had a return on equity of 16.75% and a net margin of 9.62%. The business had revenue of $83.08 billion during the quarter, compared to analysts’ expectations of $79.69 billion. During the same quarter in the previous year, the company posted $2.83 EPS. The company’s quarterly revenue was down 4.0% on a year-over-year basis. On average, analysts predict that Exxon Mobil Co. will post 9.36 EPS for the current fiscal year.

Exxon Mobil Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, June 10th. Shareholders of record on Wednesday, May 15th were issued a dividend of $0.95 per share. This represents a $3.80 annualized dividend and a dividend yield of 3.40%. The ex-dividend date of this dividend was Tuesday, May 14th. Exxon Mobil’s dividend payout ratio (DPR) is presently 46.57%.

About Exxon Mobil

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.