WoodTrust Financial Corp Sells 437 Shares of Exxon Mobil Co. (NYSE:XOM) - Defense World

WoodTrust Financial Corp cut its position in Exxon Mobil Co. (NYSE:XOM – Get Rating) by 11.8% in the first quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 3,276 shares of the oil and gas company’s stock after selling 437 shares during the quarter. WoodTrust Financial Corp’s holdings in Exxon Mobil were worth $271,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Pendal Group Ltd grew its stake in shares of Exxon Mobil by 11.1% during the first quarter. Pendal Group Ltd now owns 325,717 shares of the oil and gas company’s stock worth $26,901,000 after acquiring an additional 32,442 shares during the last quarter. Segment Wealth Management LLC grew its stake in shares of Exxon Mobil by 31.9% during the first quarter. Segment Wealth Management LLC now owns 65,743 shares of the oil and gas company’s stock worth $5,430,000 after acquiring an additional 15,908 shares during the last quarter. Transform Wealth LLC grew its stake in shares of Exxon Mobil by 1.4% during the first quarter. Transform Wealth LLC now owns 105,529 shares of the oil and gas company’s stock worth $8,716,000 after acquiring an additional 1,461 shares during the last quarter. Garrett Wealth Advisory Group LLC grew its stake in shares of Exxon Mobil by 30.5% during the first quarter. Garrett Wealth Advisory Group LLC now owns 5,737 shares of the oil and gas company’s stock worth $474,000 after acquiring an additional 1,340 shares during the last quarter. Finally, Castle Rock Wealth Management LLC purchased a new stake in shares of Exxon Mobil during the first quarter worth about $220,000. Institutional investors and hedge funds own 54.07% of the company’s stock.

XOM has been the topic of a number of research analyst reports. Cowen boosted their price target on Exxon Mobil from $77.00 to $90.00 in a research note on Monday, May 2nd. Royal Bank of Canada upgraded Exxon Mobil from a “sector perform” rating to an “outperform” rating and boosted their price target for the stock from $90.00 to $100.00 in a research note on Thursday, April 21st. The Goldman Sachs Group upped their target price on Exxon Mobil from $104.00 to $117.00 and gave the company a “buy” rating in a research report on Wednesday, June 8th. JPMorgan Chase & Co. set a $100.00 target price on Exxon Mobil in a research report on Tuesday, March 29th. Finally, Argus upped their target price on Exxon Mobil from $92.00 to $104.00 in a research report on Monday, May 9th. Two equities research analysts have rated the stock with a sell rating, nine have assigned a hold rating and eleven have given a buy rating to the company’s stock. Based on data from MarketBeat.com, Exxon Mobil has an average rating of “Hold” and a consensus price target of $90.48.

NYSE XOM opened at $86.08 on Friday. The business has a fifty day moving average price of $91.69 and a 200 day moving average price of $82.90. Exxon Mobil Co. has a one year low of $52.10 and a one year high of $105.57. The company has a debt-to-equity ratio of 0.24, a quick ratio of 0.76 and a current ratio of 1.07. The company has a market cap of $362.62 billion, a P/E ratio of 14.28, a P/E/G ratio of 0.31 and a beta of 1.07.

Exxon Mobil (NYSE:XOM – Get Rating) last issued its earnings results on Friday, April 29th. The oil and gas company reported $2.07 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.25 by ($0.18). The company had revenue of $90.50 billion during the quarter, compared to analysts’ expectations of $83.57 billion. Exxon Mobil had a net margin of 8.14% and a return on equity of 16.97%. The firm’s quarterly revenue was up 53.0% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.65 earnings per share. As a group, sell-side analysts predict that Exxon Mobil Co. will post 11.2 EPS for the current fiscal year.

The business also recently announced a quarterly dividend, which was paid on Friday, June 10th. Shareholders of record on Friday, May 13th were issued a $0.88 dividend. This represents a $3.52 annualized dividend and a yield of 4.09%. The ex-dividend date was Thursday, May 12th. Exxon Mobil’s payout ratio is currently 58.37%.

In other Exxon Mobil news, VP Darrin L. Talley sold 2,500 shares of the company’s stock in a transaction on Thursday, May 26th. The stock was sold at an average price of $96.65, for a total value of $241,625.00. Following the completion of the sale, the vice president now directly owns 32,510 shares in the company, valued at approximately $3,142,091.50. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. Also, VP Darrin L. Talley sold 2,147 shares of the company’s stock in a transaction on Tuesday, June 7th. The shares were sold at an average price of $102.81, for a total value of $220,733.07. Following the completion of 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. 0.04% of the stock is owned by corporate insiders.

About Exxon Mobil (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.

See Also

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https://www.defenseworld.net/2022/07/10/woodtrust-financial-corp-sells-437-shares-of-exxon-mobil-co-nysexom.html

2022-07-10 12:32:24Z
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