Quilter Plc owns $42.31 million in Exxon Mobil Co. (NYSE:XOM)

Quilter Plc grew its holdings in shares of Exxon Mobil Co. (NYSE:XOM – Free Report) by 2.7% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 367,554 shares of the oil and gas company’s stock after acquiring an additional 9,506 shares during the period. Quilter Plc’s holdings in Exxon Mobil were worth $42,313,000 at the end of the most recent quarter.

Other hedge funds have recently modified their positions in the company. Vanguard Group Inc. raised its stake in Exxon Mobil by 0.3% during the fourth quarter. Vanguard Group Inc. now owns 388,543,396 shares of the oil and gas company’s stock worth $38,846,569,000 after buying an additional 1,269,495 shares in the last quarter. Price T Rowe Associates Inc. MD boosted its holdings in shares of Exxon Mobil by 6.3% in the first quarter. Price T Rowe Associates Inc. MD now owns 45,161,783 shares of the oil and gas company’s stock worth $5,249,607,000 after acquiring an additional 2,676,652 shares during the period. Bank of New York Mellon Corp boosted its position in shares of Exxon Mobil by 11.3% in the second quarter. Bank of New York Mellon Corp now owns 40,312,338 shares of the oil and gas company’s stock worth $4,640,756,000 after acquiring an additional 4,080,716 shares in the last quarter. Capital International Investors raised its stake in Exxon Mobil by 25.1% in the first quarter. Capital International Investors now owns 27,511,952 shares of the oil and gas company’s stock valued at $3,197,989,000 after acquiring an additional 5,523,429 shares in the last quarter. Finally, Capital Research Global Investors raised its position in Exxon Mobil by 6.0% during the fourth quarter. Capital Research Global Investors now owns 18,388,299 shares of the oil and gas company’s stock valued at $1,838,462,000 after buying an additional 1,037,226 shares during the last quarter. 61.80% of shares are held by institutional investors.

Exxon Mobil price performance

Exxon Mobil stock opened at $112.75 on Tuesday. The firm has a market cap of $444.57 billion, a P/E ratio of 13.82, a P/E/G ratio of 4.38 and a beta of 0.90. The stock’s 50-day moving average is $115.67 and its 200-day moving average is $115.19. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.36, and a quick ratio of 1.01. Exxon Mobil Co. has a one year low of $95.77 and a one year high of $123.75.

Exxon Mobil (NYSE:XOM – Get Your Free Report ) last announced its earnings results on Friday, August 2nd. The oil and gas company reported $2.14 earnings per share for the quarter, topping analysts’ consensus estimates of $2.04 by $0.10. The business had revenue of $93.06 billion during the quarter, compared to the consensus estimate of $90.09 billion. Exxon Mobil had a net margin of 9.73% and a return on equity of 16.07%. Exxon Mobil’s quarterly revenue was up 12.2% on a year-over-year basis. In the same quarter last year, the company earned $1.94 per share. As a group, research analysts expect Exxon Mobil Co. to post 8.36 EPS for the current year.

Exxon Mobil announces dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, September 10th. Investors of record on Thursday, August 15th were paid a dividend of $0.95 per share. The ex-dividend date of this dividend was Thursday, August 15. This represents an annualized dividend of $3.80 and a yield of 3.37%. Exxon Mobil’s dividend payout ratio is currently 46.57%.

The Wall Street analyst weighs in

XOM has been the subject of several recent analyst reports. Royal Bank of Canada reiterated a “sector perform” rating and issued a $135.00 target price on shares of Exxon Mobil in a research note on Tuesday, July 9th. Barclays cut their price target on Exxon Mobil from $147.00 to $142.00 and set an “overweight” rating on the stock in a research report on Tuesday, July 9th. UBS Group boosted their target price on shares of Exxon Mobil from $156.00 to $157.00 and gave the stock a “buy” rating in a report on Tuesday, August 20th. Truist Financial cut their price target on shares of Exxon Mobil from $124.00 to $121.00 and set a “hold” rating on the stock in a report on Monday, July 22nd. Finally, Morgan Stanley decreased their price objective on shares of Exxon Mobil from $145.00 to $142.00 and set an “overweight” rating for the company in a research note on Monday. Seven investment analysts have rated the stock with a hold rating, eleven have assigned a buy rating and one has issued a strong buy rating to the company’s stock. The company has a consensus rating of “Moderate Buy” and an average price target of $136.24, according to MarketBeat.com.

Check out our latest research report on XOM

Exxon Mobil Profile

(Free report)

Exxon Mobil Corporation is engaged in the exploration and production of crude oil and natural gas in the United States and internationally. It operates through the Upstream, Energy Products, Chemicals and Specialty Products segments. The Upstream segment explores and produces crude oil and natural gas.

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