Thompson Siegel & Walmsley LLC Has $6.12 Million Stock Holdings in Exxon Mobil Co. (NYSE:XOM)

Thompson Siegel & Walmsley LLC boosted its position in shares of Exxon Mobil Co. (NYSE:XOM) by 8.2% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 52,191 shares of the oil and gas company’s stock after purchasing an additional 3,977 shares during the period. Thompson Siegel & Walmsley LLC’s holdings in Exxon Mobil were worth $6,118,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of XOM. Fairway Wealth LLC acquired a new stake in shares of Exxon Mobil in the second quarter worth about $35,000. Anfield Capital Management LLC increased its stake in Exxon Mobil by 360.0% during the second quarter. Anfield Capital Management LLC now owns 322 shares of the oil and gas company’s stock valued at $37,000 after acquiring an additional 252 shares during the period. Fairscale Capital LLC bought a new position in Exxon Mobil during the second quarter valued at about $39,000. POM Investment Strategies LLC grew its stake in shares of Exxon Mobil by 918.9% in the 2nd quarter. POM Investment Strategies LLC now owns 377 shares of the oil and gas company’s stock valued at $43,000 after purchasing an additional 340 shares during the period. Finally, Hershey Financial Advisers LLC bought a new stake in shares of Exxon Mobil in the 2nd quarter valued at approximately $46,000. Institutional investors and hedge funds own 61.80% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts have recently commented on the company. Mizuho boosted their target price on Exxon Mobil from $128.00 to $130.00 and gave the stock a “neutral” rating in a report on Monday, September 16th. Truist Financial dropped their target price on shares of Exxon Mobil from $121.00 to $117.00 and set a “hold” rating for the company in a research report on Monday, September 30th. BMO Capital Markets upped their target price on shares of Exxon Mobil from $127.00 to $130.00 and gave the company a “market perform” rating in a research report on Friday, October 4th. Barclays dropped their target price on shares of Exxon Mobil from $142.00 to $137.00 and set an “overweight” rating for the company in a research report on Thursday, October 3rd. Finally, JPMorgan Chase & Co. upped their target price on shares of Exxon Mobil from $127.00 to $128.00 in a research report on Thursday, October 31st. One equities research analyst has rated the stock with a sell rating, eight have assigned a hold rating, ten have assigned a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat, Exxon Mobil has a consensus rating of “Moderate Buy” and an average price target of $130.21.

Exxon Mobil Trading Up 1.4 %

Exxon Mobil stock opened at $122.06 on Friday. The firm has a 50-day moving average of $119.18 and a 200-day moving average of $116.51. Exxon Mobil Co. has a one year low of $95.77 and a one year high of $126.34. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.35 and a quick ratio of 1.01. The company has a market cap of $536.45 billion, a price-to-earnings ratio of 15.20, a P/E/G ratio of 4.97 and a beta of 0.90.

Exxon Mobil (NYSE:XOM) last issued its earnings results on Friday, November 1st. The oil and gas company reported $1.92 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.91 by $0.01. Exxon Mobil had a net margin of 9.61% and a return on equity of 14.73%. The business had revenue of $90.02 billion during the quarter, compared to the consensus estimate of $93.98 billion. During the same period last year, the business posted $2.27 EPS. Exxon Mobil’s revenue was down .8% on a year-over-year basis. On average, equities analysts expect that Exxon Mobil Co. will post 7.95 earnings per share for the current fiscal year.

Exxon Mobil Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 10th. Shareholders of record on Thursday, November 14th will be given a dividend of $0.99 per share. The ex-dividend date is Thursday, November 14th. This is an increase from Exxon Mobil’s previous quarterly dividend of $0.95. This represents a $3.96 annualized dividend and a yield of 3.24%. Exxon Mobil’s dividend payout ratio (DPR) is 49.32%.

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.