Exxon Mobil Co. (NYSE:XOM) is Tompkins Financial Corp's 6th Largest Position - MarketBeat

Tompkins Financial Corp boosted its holdings in Exxon Mobil Co. (NYSE:XOM - Free Report) by 16.0% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 140,745 shares of the oil and gas company's stock after acquiring an additional 19,455 shares during the quarter. Exxon Mobil comprises approximately 2.6% of Tompkins Financial Corp's portfolio, making the stock its 6th biggest holding. Tompkins Financial Corp's holdings in Exxon Mobil were worth $16,549,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of XOM. Savoie Capital LLC purchased a new position in shares of Exxon Mobil in the third quarter valued at $16,455,000. Sprott Inc. boosted its stake in shares of Exxon Mobil by 7.5% during the third quarter. Sprott Inc. now owns 133,481 shares of the oil and gas company's stock valued at $15,760,000 after acquiring an additional 9,328 shares during the last quarter. Spartan Planning & Wealth Management acquired a new stake in shares of Exxon Mobil during the third quarter valued at $139,000. Jacobs Levy Equity Management Inc. boosted its stake in shares of Exxon Mobil by 29.1% during the third quarter. Jacobs Levy Equity Management Inc. now owns 9,044 shares of the oil and gas company's stock valued at $1,063,000 after acquiring an additional 2,037 shares during the last quarter. Finally, Resources Management Corp CT ADV boosted its stake in Exxon Mobil by 0.3% in the 3rd quarter. Resources Management Corp CT ADV now owns 52,890 shares of the oil and gas company's stock worth $6,219,000 after buying an additional 140 shares during the last quarter. Hedge funds and other institutional investors own 58.53% of the company's stock.

Insider Activity at Exxon Mobil

In related news, VP Darrin L. Talley sold 2,400 shares of the business's stock in a transaction that occurred on Thursday, February 22nd. The stock was sold at an average price of $105.00, for a total transaction of $252,000.00. Following the completion of the transaction, the vice president now owns 30,189 shares in the company, valued at approximately $3,169,845. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. In other news, VP Leonard M. Fox sold 12,000 shares of the business's stock in a transaction on Monday, December 18th. The stock was sold at an average price of $102.65, for a total value of $1,231,800.00. Following the sale, the vice president now owns 220,678 shares of the company's stock, valued at approximately $22,652,596.70. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, VP Darrin L. Talley sold 2,400 shares of the business's stock in a transaction on Thursday, February 22nd. The stock was sold at an average price of $105.00, for a total value of $252,000.00. Following the completion of the sale, the vice president now directly owns 30,189 shares in the company, valued at approximately $3,169,845. The disclosure for this sale can be found here. Insiders own 0.04% of the company's stock.

Exxon Mobil Stock Performance

Shares of XOM traded down $0.75 during mid-day trading on Monday, hitting $107.63. The stock had a trading volume of 3,504,773 shares, compared to its average volume of 18,443,664. The company has a market cap of $427.06 billion, a PE ratio of 12.13, a PEG ratio of 3.95 and a beta of 0.96. The company's fifty day simple moving average is $102.22 and its two-hundred day simple moving average is $105.87. The company has a quick ratio of 1.09, a current ratio of 1.48 and a debt-to-equity ratio of 0.18. Exxon Mobil Co. has a fifty-two week low of $95.77 and a fifty-two week high of $120.70.

Exxon Mobil (NYSE:XOM - Get Free Report) last issued its earnings results on Friday, February 2nd. The oil and gas company reported $2.48 EPS for the quarter, topping the consensus estimate of $2.20 by $0.28. The company had revenue of $84.34 billion during the quarter, compared to analyst estimates of $90.03 billion. Exxon Mobil had a return on equity of 18.51% and a net margin of 10.45%. The business's revenue was down 11.6% on a year-over-year basis. During the same quarter last year, the firm earned $3.40 EPS. On average, equities analysts expect that Exxon Mobil Co. will post 9.15 earnings per share for the current year.

Exxon Mobil Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, March 11th. Investors of record on Wednesday, February 14th will be given a dividend of $0.95 per share. The ex-dividend date of this dividend is Tuesday, February 13th. This represents a $3.80 dividend on an annualized basis and a yield of 3.53%. Exxon Mobil's dividend payout ratio is currently 42.74%.

Analyst Upgrades and Downgrades

A number of analysts have issued reports on XOM shares. Mizuho lowered Exxon Mobil from a "buy" rating to a "neutral" rating and set a $117.00 price target on the stock. in a research note on Wednesday, January 3rd. UBS Group decreased their price target on Exxon Mobil from $133.00 to $132.00 and set a "buy" rating on the stock in a research note on Tuesday, January 23rd. JPMorgan Chase & Co. decreased their price target on Exxon Mobil from $134.00 to $127.00 and set an "overweight" rating on the stock in a research note on Friday, December 8th. Redburn Atlantic upgraded Exxon Mobil from a "neutral" rating to a "buy" rating and raised their price objective for the stock from $116.00 to $119.00 in a report on Tuesday, January 9th. Finally, Erste Group Bank restated a "hold" rating on shares of Exxon Mobil in a report on Friday, December 22nd. Nine research analysts have rated the stock with a hold rating and ten have issued a buy rating to the company's stock. Based on data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average target price of $127.53.

Get Our Latest Stock Analysis on XOM

Exxon Mobil Company Profile

(Free Report)

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.

Featured Articles

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

Before you consider Exxon Mobil, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Exxon Mobil wasn't on the list.

While Exxon Mobil currently has a "Moderate Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

Need to stretch out your 401K or Roth IRA plan? Use these time-tested investing strategies to grow the monthly retirement income that your stock portfolio generates.

Get This Free Report

Adblock test (Why?)

https://news.google.com/rss/articles/CBMiSWh0dHBzOi8vd3d3Lm1hcmtldGJlYXQuY29tL2luc3RhbnQtYWxlcnRzL255c2UteG9tLXNlYy1maWxpbmctMjAyNC0wMy0xMS_SAQA?oc=5

2024-03-11 14:46:22Z
CBMiSWh0dHBzOi8vd3d3Lm1hcmtldGJlYXQuY29tL2luc3RhbnQtYWxlcnRzL255c2UteG9tLXNlYy1maWxpbmctMjAyNC0wMy0xMS_SAQA

Bagikan Berita Ini