6,400 Shares in Exxon Mobil Co. (NYSE:XOM) Acquired by TradeLink Capital LLC

TradeLink Capital LLC purchased a new stake in Exxon Mobil Co. (NYSE:XOM) during the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 6,400 shares of the oil and gas company’s stock, valued at approximately $737,000. Exxon Mobil accounts for about 2.2% of TradeLink Capital LLC’s holdings, making the stock its 8th biggest holding.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Carmel Capital Partners LLC raised its position in Exxon Mobil by 1.0% during the 1st quarter. Carmel Capital Partners LLC now owns 8,796 shares of the oil and gas company’s stock valued at $1,022,000 after purchasing an additional 86 shares in the last quarter. Integral Investment Advisors Inc. raised its holdings in shares of Exxon Mobil by 2.1% in the second quarter. Integral Investment Advisors Inc. now owns 4,207 shares of the oil and gas company’s stock valued at $483,000 after acquiring an additional 87 shares in the last quarter. Mascoma Wealth Management LLC raised its holdings in shares of Exxon Mobil by 7.0% in the second quarter. Mascoma Wealth Management LLC now owns 1,343 shares of the oil and gas company’s stock valued at $155,000 after acquiring an additional 88 shares in the last quarter. PFS Partners LLC lifted its stake in Exxon Mobil by 0.5% in the first quarter. PFS Partners LLC now owns 18,836 shares of the oil and gas company’s stock worth $2,190,000 after acquiring an additional 89 shares during the period. Finally, WPWealth LLP grew its holdings in Exxon Mobil by 1.0% during the 1st quarter. WPWealth LLP now owns 8,701 shares of the oil and gas company’s stock worth $1,011,000 after acquiring an additional 90 shares in the last quarter. 61.80% of the stock is currently owned by institutional investors.

Exxon Mobil Trading Down 0.1 %

NYSE XOM opened at $111.15 on Monday. Exxon Mobil Co. has a 12-month low of $95.77 and a 12-month high of $123.75. The company has a fifty day simple moving average of $115.66 and a two-hundred day simple moving average of $115.14. The company has a current ratio of 1.36, a quick ratio of 1.01 and a debt-to-equity ratio of 0.13. The stock has a market cap of $438.27 billion, a P/E ratio of 13.62, a P/E/G ratio of 4.38 and a beta of 0.90.

Exxon Mobil (NYSE:XOM) last issued its earnings results on Friday, August 2nd. The oil and gas company reported $2.14 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.04 by $0.10. The company had revenue of $93.06 billion during the quarter, compared to analyst estimates of $90.09 billion. Exxon Mobil had a return on equity of 16.07% and a net margin of 9.73%. The firm’s quarterly revenue was up 12.2% on a year-over-year basis. During the same quarter last year, the business posted $1.94 EPS. On average, analysts forecast that Exxon Mobil Co. will post 8.36 earnings per share for the current year.

Exxon Mobil Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, September 10th. Investors of record on Thursday, August 15th were given a $0.95 dividend. The ex-dividend date of this dividend was Thursday, August 15th. This represents a $3.80 dividend on an annualized basis and a yield of 3.42%. Exxon Mobil’s dividend payout ratio is currently 46.57%.

Wall Street Analyst Weigh In

XOM has been the subject of several research reports. Evercore ISI raised shares of Exxon Mobil to a “strong-buy” rating in a research report on Monday, August 5th. Barclays lowered their target price on Exxon Mobil from $147.00 to $142.00 and set an “overweight” rating for the company in a report on Tuesday, July 9th. Wolfe Research started coverage on Exxon Mobil in a research report on Thursday, July 18th. They issued an “outperform” rating and a $146.00 price target for the company. Truist Financial decreased their price objective on Exxon Mobil from $124.00 to $121.00 and set a “hold” rating for the company in a research note on Monday, July 22nd. Finally, UBS Group lifted their target price on Exxon Mobil from $156.00 to $157.00 and gave the company a “buy” rating in a research note on Tuesday, August 20th. Seven 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. Based on data from MarketBeat.com, Exxon Mobil has an average rating of “Moderate Buy” and a consensus price target of $136.29.

About Exxon Mobil

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.