11,079 Shares in ExxonMobil Corporation $XOM Acquired by Eurizon SLJ Capital Ltd

Eurizon SLJ Capital Ltd purchased a new position in ExxonMobil Corporation (NYSE:XOMFree Report) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 11,079 shares of the oil and gas company’s stock, valued at approximately $1,333,000.

A number of other institutional investors also recently added to or reduced their stakes in XOM. IF Advisors LLC acquired a new stake in ExxonMobil during the fourth quarter worth approximately $1,377,000. Coyle Financial Counsel LLC acquired a new stake in ExxonMobil during the fourth quarter worth approximately $221,000. Acorn Wealth Advisors LLC raised its holdings in ExxonMobil by 1.2% during the fourth quarter. Acorn Wealth Advisors LLC now owns 6,759 shares of the oil and gas company’s stock worth $813,000 after purchasing an additional 83 shares in the last quarter. Eurizon Capital SGR S.p.A. acquired a new stake in ExxonMobil during the fourth quarter worth approximately $95,871,000. Finally, Oppenheimer & Close LLC acquired a new stake in ExxonMobil during the fourth quarter worth approximately $212,000. Hedge funds and other institutional investors own 61.80% of the company’s stock.

ExxonMobil Stock Performance

Shares of ExxonMobil stock opened at $145.42 on Friday. The firm’s fifty day simple moving average is $155.03 and its 200-day simple moving average is $140.15. The stock has a market capitalization of $602.75 billion, a price-to-earnings ratio of 24.52, a PEG ratio of 0.64 and a beta of 0.19. ExxonMobil Corporation has a 12 month low of $101.18 and a 12 month high of $176.41. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.04 and a quick ratio of 0.77.

ExxonMobil (NYSE:XOMGet Free Report) last announced its earnings results on Friday, May 1st. The oil and gas company reported $1.16 EPS for the quarter, beating analysts’ consensus estimates of $0.98 by $0.18. The business had revenue of $83.16 billion for the quarter, compared to analysts’ expectations of $81.13 billion. ExxonMobil had a net margin of 7.57% and a return on equity of 10.24%. The company’s quarterly revenue was up 2.4% on a year-over-year basis. During the same period in the previous year, the company posted $1.76 EPS. As a group, equities analysts forecast that ExxonMobil Corporation will post 11.49 earnings per share for the current year.

ExxonMobil Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, June 10th. Stockholders of record on Friday, May 15th will be issued a $1.03 dividend. This represents a $4.12 dividend on an annualized basis and a dividend yield of 2.8%. The ex-dividend date of this dividend is Friday, May 15th. ExxonMobil’s payout ratio is presently 69.48%.

Analyst Ratings Changes

A number of analysts have weighed in on XOM shares. BNP Paribas Exane set a $165.00 price objective on shares of ExxonMobil and gave the stock a “neutral” rating in a report on Friday, April 17th. HSBC raised their price objective on shares of ExxonMobil from $135.00 to $158.00 and gave the stock a “hold” rating in a report on Friday, March 20th. Sanford C. Bernstein cut their price objective on shares of ExxonMobil from $195.00 to $182.00 and set an “outperform” rating on the stock in a report on Monday, May 11th. Scotiabank raised their price objective on shares of ExxonMobil from $128.00 to $163.00 and gave the stock a “sector outperform” rating in a report on Wednesday, April 22nd. Finally, TD Cowen cut their price objective on shares of ExxonMobil from $175.00 to $172.00 and set a “buy” rating on the stock in a report on Friday, April 10th. Ten equities research analysts have rated the stock with a Buy rating and eleven have assigned a Hold rating to the company. According to MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $165.55.

Check Out Our Latest Stock Report on XOM

Key Stories Impacting ExxonMobil

Here are the key news stories impacting ExxonMobil this week:

Insider Activity at ExxonMobil

In other news, VP Darrin L. Talley sold 2,150 shares of ExxonMobil stock in a transaction on Monday, March 2nd. The shares were sold at an average price of $157.82, for a total value of $339,313.00. Following the transaction, the vice president directly owned 18,204 shares of the company’s stock, valued at $2,872,955.28. The trade was a 10.56% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. 0.03% of the stock is owned by insiders.

About ExxonMobil

(Free Report)

ExxonMobil Corporation (NYSE: XOM) is an integrated oil and gas company engaged in the exploration, production, refining, distribution and marketing of petroleum products and the manufacture and sale of petrochemicals. Its operations span the full energy value chain, including upstream exploration and development of crude oil and natural gas; midstream transportation and storage; and downstream refining, product distribution and retail. The company also produces a broad range of chemical products for industrial and consumer applications.

ExxonMobil markets fuels and lubricants under well-known brands such as Exxon, Mobil and Esso, and its Mobil 1 motor oil is a prominent consumer product.

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Institutional Ownership by Quarter for ExxonMobil (NYSE:XOM)

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