Exxon Mobil Co. (NYSE:XOM) Shares Sold by Householder Group Estate & Retirement Specialist LLC - Defense World

Householder Group Estate & Retirement Specialist LLC reduced its stake in shares of Exxon Mobil Co. (NYSE:XOM – Get Rating) by 3.2% in the 1st quarter, Holdings Channel.com reports. The fund owned 20,553 shares of the oil and gas company’s stock after selling 686 shares during the quarter. Householder Group Estate & Retirement Specialist LLC’s holdings in Exxon Mobil were worth $1,697,000 as of its most recent SEC filing.

A number of other hedge funds also recently made changes to their positions in the business. Connecticut Wealth Management LLC lifted its position in shares of Exxon Mobil by 5.8% in the 1st quarter. Connecticut Wealth Management LLC now owns 11,861 shares of the oil and gas company’s stock worth $980,000 after buying an additional 652 shares during the last quarter. Matrix Trust Co bought a new position in shares of Exxon Mobil in the 1st quarter worth about $160,000. Northcape Wealth Management LLC lifted its position in shares of Exxon Mobil by 144.2% in the 1st quarter. Northcape Wealth Management LLC now owns 28,657 shares of the oil and gas company’s stock worth $2,367,000 after buying an additional 16,923 shares during the last quarter. Capital Market Strategies LLC bought a new position in shares of Exxon Mobil in the 1st quarter worth about $489,000. Finally, ML & R Wealth Management LLC lifted its position in shares of Exxon Mobil by 29.9% in the 1st quarter. ML & R Wealth Management LLC now owns 8,900 shares of the oil and gas company’s stock worth $735,000 after buying an additional 2,048 shares during the last quarter. 54.07% of the stock is owned by institutional investors.

Shares of XOM opened at $88.12 on Thursday. The firm’s 50 day moving average is $91.55 and its 200-day moving average is $81.53. The stock has a market capitalization of $371.21 billion, a P/E ratio of 14.61, a P/E/G ratio of 0.35 and a beta of 1.05. The company has a debt-to-equity ratio of 0.24, a current ratio of 1.07 and a quick ratio of 0.76. Exxon Mobil Co. has a 12-month low of $52.10 and a 12-month high of $105.57.

Exxon Mobil (NYSE:XOM – Get Rating) last released its earnings results on Friday, April 29th. The oil and gas company reported $2.07 earnings per share for the quarter, missing the consensus estimate of $2.25 by ($0.18). The firm had revenue of $90.50 billion during the quarter, compared to analysts’ expectations of $83.57 billion. Exxon Mobil had a return on equity of 16.97% and a net margin of 8.14%. The business’s revenue was up 53.0% on a year-over-year basis. During the same period last year, the business earned $0.65 earnings per share. As a group, equities research analysts forecast that Exxon Mobil Co. will post 10.26 EPS for the current fiscal year.

The company also recently announced a quarterly dividend, which was paid on Friday, June 10th. Stockholders of record on Friday, May 13th were given a $0.88 dividend. This represents a $3.52 annualized dividend and a dividend yield of 3.99%. The ex-dividend date of this dividend was Thursday, May 12th. Exxon Mobil’s dividend payout ratio (DPR) is currently 58.37%.

A number of research analysts have recently issued reports on the stock. Barclays raised their price target on shares of Exxon Mobil from $98.00 to $111.00 and gave the stock an “overweight” rating in a research report on Tuesday, May 31st. Evercore ISI upgraded shares of Exxon Mobil from an “in-line” rating to an “outperform” rating and lifted their price objective for the company from $88.00 to $120.00 in a research report on Tuesday, June 7th. They noted that the move was a valuation call. Cowen lifted their price objective on shares of Exxon Mobil from $77.00 to $90.00 in a research report on Monday, May 2nd. Truist Financial lifted their price objective on shares of Exxon Mobil from $75.00 to $84.00 in a research report on Thursday, April 21st. Finally, The Goldman Sachs Group boosted their price target on shares of Exxon Mobil from $104.00 to $117.00 and gave the stock a “buy” rating in a research report on Wednesday, June 8th. Two equities 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. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $89.24.

In related news, VP Darrin L. Talley sold 2,500 shares of the firm’s stock in a transaction that occurred on Thursday, May 26th. The shares were sold at an average price of $96.65, for a total transaction of $241,625.00. Following the completion of the sale, the vice president now directly owns 32,510 shares in the company, valued at $3,142,091.50. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, VP Darrin L. Talley sold 2,147 shares of the firm’s stock in a transaction that occurred on Tuesday, June 7th. The stock was sold at an average price of $102.81, for a total transaction of $220,733.07. Following the sale, the vice president now owns 30,363 shares of the company’s stock, valued at $3,121,620.03. The disclosure for this sale can be found here. Company insiders own 0.04% of the company’s stock.

Exxon Mobil Company 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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https://www.defenseworld.net/2022/06/30/exxon-mobil-co-nysexom-shares-sold-by-householder-group-estate-retirement-specialist-llc.html

2022-06-30 10:09:36Z
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