Christopher J. Hasenberg Inc Takes $91,000 Position in Exxon Mobil Co. (NYSE:XOM)

Christopher J. Hasenberg Inc purchased a new position in Exxon Mobil Co. (NYSE:XOMFree Report) during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 782 shares of the oil and gas company’s stock, valued at approximately $91,000. Exxon Mobil comprises approximately 0.0% of Christopher J. Hasenberg Inc’s holdings, making the stock its 28th largest position.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. First Pacific Financial acquired a new position in Exxon Mobil during the first quarter worth approximately $34,000. Partnership Wealth Management LLC acquired a new stake in shares of Exxon Mobil during the 4th quarter worth $46,000. Vima LLC purchased a new position in shares of Exxon Mobil in the 4th quarter worth $50,000. Keener Financial Planning LLC purchased a new stake in Exxon Mobil during the fourth quarter valued at about $80,000. Finally, Neo Ivy Capital Management purchased a new stake in Exxon Mobil during the fourth quarter valued at about $80,000. Hedge funds and other institutional investors own 61.80% of the company’s stock.

Exxon Mobil Stock Performance

NYSE:XOM traded down $1.91 during mid-day trading on Thursday, hitting $113.57. The stock had a trading volume of 15,978,354 shares, compared to its average volume of 18,459,836. The company has a 50 day simple moving average of $117.63 and a 200-day simple moving average of $107.80. Exxon Mobil Co. has a 52 week low of $95.77 and a 52 week high of $123.75. The stock has a market capitalization of $447.81 billion, a price-to-earnings ratio of 13.92, a P/E/G ratio of 4.10 and a beta of 0.96. The company has a current ratio of 1.38, a quick ratio of 1.06 and a debt-to-equity ratio of 0.15.

Exxon Mobil (NYSE:XOMGet Free Report) last issued its quarterly earnings data on Friday, April 26th. The oil and gas company reported $2.06 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.19 by ($0.13). The business had revenue of $83.08 billion during the quarter, compared to the consensus estimate of $79.69 billion. Exxon Mobil had a return on equity of 16.75% and a net margin of 9.62%. The business’s quarterly revenue was down 4.0% compared to the same quarter last year. During the same period last year, the company earned $2.83 earnings per share. On average, research analysts expect that Exxon Mobil Co. will post 9.57 earnings per share for the current fiscal year.

Exxon Mobil Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, June 10th. Investors of record on Wednesday, May 15th will be paid a dividend of $0.95 per share. This represents a $3.80 dividend on an annualized basis and a dividend yield of 3.35%. The ex-dividend date is Tuesday, May 14th. Exxon Mobil’s dividend payout ratio is currently 46.57%.

Insider Buying and Selling

In related news, VP Darrin L. Talley sold 2,426 shares of the firm’s stock in a transaction that occurred on Monday, April 29th. The shares were sold at an average price of $119.01, for a total transaction of $288,718.26. Following the transaction, the vice president now owns 25,363 shares in the company, valued at $3,018,450.63. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Corporate insiders own 0.03% of the company’s stock.

Analyst Upgrades and Downgrades

XOM has been the subject of a number of research reports. Morgan Stanley reiterated an “overweight” rating and set a $145.00 target price on shares of Exxon Mobil in a report on Wednesday, May 15th. Mizuho lifted their target price on shares of Exxon Mobil from $125.00 to $128.00 and gave the company a “neutral” rating in a report on Monday, May 13th. Barclays started coverage on Exxon Mobil in a research report on Wednesday, April 10th. They issued an “overweight” rating and a $147.00 price objective on the stock. HSBC upped their target price on Exxon Mobil from $111.00 to $120.00 and gave the stock a “hold” rating in a research report on Tuesday, April 30th. Finally, Truist Financial raised their target price on Exxon Mobil from $140.00 to $146.00 and gave the company a “buy” rating in a report on Friday, April 5th. Eight analysts have rated the stock with a hold rating and eleven have issued a buy rating to the stock. According to data from MarketBeat, Exxon Mobil presently has an average rating of “Moderate Buy” and an average price target of $135.00.

Read Our Latest Stock Analysis on Exxon Mobil

About Exxon Mobil

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for Exxon Mobil (NYSE:XOM)

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