AlphaMark Advisors LLC Acquires 520 Shares of Exxon Mobil Co. (NYSE:XOM)

AlphaMark Advisors LLC grew its holdings in shares of Exxon Mobil Co. (NYSE:XOM) by 91.5% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 1,088 shares of the oil and gas company’s stock after purchasing an additional 520 shares during the quarter. AlphaMark Advisors LLC’s holdings in Exxon Mobil were worth $126,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also recently bought and sold shares of XOM. Norges Bank bought a new position in Exxon Mobil in the 4th quarter worth $5,519,753,000. Global Assets Advisory LLC raised its holdings in Exxon Mobil by 16,399.4% in the 1st quarter. Global Assets Advisory LLC now owns 12,616,904 shares of the oil and gas company’s stock worth $1,466,589,000 after acquiring an additional 12,540,435 shares during the period. Fisher Asset Management LLC raised its holdings in Exxon Mobil by 566.2% in the 4th quarter. Fisher Asset Management LLC now owns 13,197,713 shares of the oil and gas company’s stock worth $1,319,507,000 after acquiring an additional 11,216,602 shares during the period. International Assets Investment Management LLC raised its holdings in Exxon Mobil by 10,221.0% in the 4th quarter. International Assets Investment Management LLC now owns 4,917,763 shares of the oil and gas company’s stock worth $491,678,000 after acquiring an additional 4,870,115 shares during the period. Finally, Capital International Investors raised its holdings in Exxon Mobil by 22.8% in the 4th quarter. Capital International Investors now owns 21,988,523 shares of the oil and gas company’s stock worth $2,198,413,000 after acquiring an additional 4,084,458 shares during the period. Institutional investors own 61.80% of the company’s stock.

Insider Buying and Selling at Exxon Mobil

In other Exxon Mobil news, VP Darrin L. Talley sold 2,426 shares of the business’s stock in a transaction dated Monday, April 29th. The shares were sold at an average price of $119.01, for a total value of $288,718.26. Following the transaction, the vice president now directly owns 25,363 shares in the company, valued at $3,018,450.63. The transaction was disclosed in a document filed with the SEC, which is available through this link. Company insiders own 0.03% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages recently commented on XOM. Scotiabank lifted their target price on shares of Exxon Mobil from $114.00 to $129.00 and gave the stock a “sector perform” rating in a report on Thursday, April 11th. TD Cowen boosted their price objective on shares of Exxon Mobil from $128.00 to $135.00 and gave the stock a “buy” rating in a report on Tuesday, April 30th. Wells Fargo & Company boosted their price objective on shares of Exxon Mobil from $138.00 to $142.00 and gave the stock an “overweight” rating in a report on Tuesday, April 30th. HSBC boosted their price objective on shares of Exxon Mobil from $111.00 to $120.00 and gave the stock a “hold” rating in a report on Tuesday, April 30th. Finally, Piper Sandler boosted their price objective on shares of Exxon Mobil from $130.00 to $145.00 and gave the stock an “overweight” rating in a report on Thursday, April 18th. Nine analysts have rated the stock with a hold rating and ten have issued a buy rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $133.82.

Exxon Mobil Price Performance

Shares of Exxon Mobil stock opened at $114.18 on Wednesday. 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’s 50-day simple moving average is $115.14 and its 200-day simple moving average is $109.82. Exxon Mobil Co. has a twelve month low of $95.77 and a twelve month high of $123.75. The firm has a market cap of $450.21 billion, a P/E ratio of 13.99, a price-to-earnings-growth ratio of 4.14 and a beta of 0.91.

Exxon Mobil (NYSE:XOM) last released its quarterly earnings results on Friday, April 26th. The oil and gas company reported $2.06 EPS for the quarter, missing analysts’ consensus estimates of $2.19 by ($0.13). The firm had revenue of $83.08 billion during the quarter, compared to analyst estimates of $79.69 billion. Exxon Mobil had a net margin of 9.62% and a return on equity of 16.75%. Exxon Mobil’s quarterly revenue was down 4.0% on a year-over-year basis. During the same quarter last year, the firm earned $2.83 earnings per share. As a group, research analysts expect that Exxon Mobil Co. will post 9.28 EPS for the current fiscal year.

Exxon Mobil Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, June 10th. Shareholders of record on Wednesday, May 15th were given a $0.95 dividend. The ex-dividend date was Tuesday, May 14th. This represents a $3.80 dividend on an annualized basis and a yield of 3.33%. Exxon Mobil’s dividend payout ratio (DPR) is presently 46.57%.

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.