Rothschild Capital Partners LLC Raises Position in Exxon Mobil Corporation $XOM

Rothschild Capital Partners LLC increased its position in Exxon Mobil Corporation (NYSE:XOM) by 29.1% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 4,305 shares of the oil and gas company’s stock after buying an additional 970 shares during the quarter. Rothschild Capital Partners LLC’s holdings in Exxon Mobil were worth $464,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also made changes to their positions in XOM. Graybill Wealth Management LTD. purchased a new position in shares of Exxon Mobil in the 1st quarter worth $29,000. Elequin Capital LP purchased a new position in shares of Exxon Mobil in the 1st quarter worth $31,000. Clal Insurance Enterprises Holdings Ltd raised its position in shares of Exxon Mobil by 396.7% in the 1st quarter. Clal Insurance Enterprises Holdings Ltd now owns 298 shares of the oil and gas company’s stock worth $35,000 after buying an additional 238 shares during the period. Game Plan Financial Advisors LLC raised its position in shares of Exxon Mobil by 1,500.0% in the 1st quarter. Game Plan Financial Advisors LLC now owns 320 shares of the oil and gas company’s stock worth $38,000 after buying an additional 300 shares during the period. Finally, Marshall & Sullivan Inc. WA purchased a new position in shares of Exxon Mobil in the 2nd quarter worth $38,000. 61.80% of the stock is owned by hedge funds and other institutional investors.

Exxon Mobil Stock Down 0.5%

Shares of NYSE XOM opened at $115.39 on Friday. The stock has a fifty day moving average price of $112.58 and a 200 day moving average price of $109.48. The company has a current ratio of 1.25, a quick ratio of 0.88 and a debt-to-equity ratio of 0.12. The company has a market cap of $491.94 billion, a P/E ratio of 16.39, a P/E/G ratio of 2.06 and a beta of 0.51. Exxon Mobil Corporation has a 12-month low of $97.80 and a 12-month high of $123.21.

Exxon Mobil (NYSE:XOM) last announced its earnings results on Friday, June 17th. The oil and gas company reported $0.65 earnings per share for the quarter. The company had revenue of $57.55 billion during the quarter. Exxon Mobil had a return on equity of 11.34% and a net margin of 9.17%. Research analysts anticipate that Exxon Mobil Corporation will post 7.43 EPS for the current fiscal year.

Exxon Mobil Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, September 10th. Stockholders of record on Friday, August 15th were paid a dividend of $0.99 per share. The ex-dividend date was Friday, August 15th. This represents a $3.96 annualized dividend and a dividend yield of 3.4%. Exxon Mobil’s dividend payout ratio (DPR) is currently 56.25%.

Wall Street Analyst Weigh In

Several brokerages recently weighed in on XOM. Scotiabank reaffirmed an “outperform” rating on shares of Exxon Mobil in a research report on Thursday, October 9th. UBS Group increased their target price on Exxon Mobil from $143.00 to $145.00 and gave the stock a “buy” rating in a research report on Monday, October 13th. Bank of America increased their price target on Exxon Mobil from $113.00 to $120.00 and gave the company a “neutral” rating in a report on Wednesday, September 10th. Piper Sandler set a $141.00 price target on Exxon Mobil in a report on Tuesday, October 7th. Finally, Wells Fargo & Company started coverage on Exxon Mobil in a report on Friday, October 17th. They issued an “overweight” rating and a $156.00 price target for the company. Two analysts have rated the stock with a Strong Buy rating, eight have assigned a Buy rating and ten have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $127.58.

Insider Buying and Selling at Exxon Mobil

In other news, VP Darrin L. Talley sold 2,158 shares of the firm’s stock in a transaction dated Friday, August 22nd. The stock was sold at an average price of $110.45, for a total transaction of $238,351.10. Following the completion of the sale, the vice president directly owned 13,829 shares in the company, valued at $1,527,413.05. This trade represents a 13.50% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.03% of the stock is owned by corporate insiders.

Exxon Mobil Profile

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.