Representative Jared Moskowitz (D-Florida) recently sold shares of Exxon Mobil Co. NYSE: XOM. In a filing disclosed on December 09th, the Representative disclosed that they had sold between $1,001 and $15,000 in Exxon Mobil stock on November 8th. The trade occurred in the Representative's "MORGAN STANLEY ACTIVE ASSETS (1)" account.
Representative Jared Moskowitz also recently made the following trade(s):
- Purchased $1,001 - $15,000 in shares of Elevance Health NYSE: ELV on 11/8/2024.
- Purchased $1,001 - $15,000 in shares of Amazon.com NASDAQ: AMZN on 11/8/2024.
- Purchased $1,001 - $15,000 in shares of Broadcom NASDAQ: AVGO on 11/8/2024.
- Purchased $1,001 - $15,000 in shares of QUALCOMM NASDAQ: QCOM on 11/8/2024.
- Purchased $1,001 - $15,000 in shares of PepsiCo NASDAQ: PEP on 11/8/2024.
- Purchased $1,001 - $15,000 in shares of Tractor Supply NASDAQ: TSCO on 11/8/2024.
- Purchased $1,001 - $15,000 in shares of McDonald's NYSE: MCD on 11/8/2024.
- Purchased $1,001 - $15,000 in shares of Alphabet NASDAQ: GOOG on 11/8/2024.
- Sold $50,001 - $100,000 in shares of Seacoast Banking Co. of Florida NASDAQ: SBCF on 11/8/2024.
- Sold $15,001 - $50,000 in shares of Seacoast Banking Co. of Florida NASDAQ: SBCF on 11/8/2024.
Exxon Mobil Stock Down 0.2 %
Shares of XOM stock traded down $0.22 during trading on Tuesday, hitting $112.68. 20,989,454 shares of the company were exchanged, compared to its average volume of 16,251,600. The company has a debt-to-equity ratio of 0.13, a quick ratio of 1.01 and a current ratio of 1.35. Exxon Mobil Co. has a twelve month low of $95.77 and a twelve month high of $126.34. The business's 50-day simple moving average is $119.68 and its 200 day simple moving average is $116.47. The firm has a market capitalization of $495.24 billion, a price-to-earnings ratio of 14.03, a P/E/G ratio of 4.77 and a beta of 0.89.
Exxon Mobil (NYSE:XOM - Get Free Report) last released its quarterly earnings results on Friday, November 1st. The oil and gas company reported $1.92 EPS for the quarter, beating analysts' consensus estimates of $1.91 by $0.01. Exxon Mobil had a net margin of 9.61% and a return on equity of 14.73%. The company had revenue of $90.02 billion for the quarter, compared to analyst estimates of $93.98 billion. During the same quarter last year, the firm posted $2.27 earnings per share. The company's quarterly revenue was down .8% compared to the same quarter last year. As a group, analysts forecast that Exxon Mobil Co. will post 7.94 EPS for the current fiscal year.
Exxon Mobil Increases Dividend
The firm also recently declared a quarterly dividend, which will be paid on Tuesday, December 10th. Stockholders of record on Thursday, November 14th will be issued a dividend of $0.99 per share. This is an increase from Exxon Mobil's previous quarterly dividend of $0.95. The ex-dividend date of this dividend is Thursday, November 14th. This represents a $3.96 dividend on an annualized basis and a dividend yield of 3.51%. Exxon Mobil's payout ratio is currently 49.32%.
Analyst Upgrades and Downgrades
Several equities analysts recently issued reports on the company. Wells Fargo & Company boosted their price target on Exxon Mobil from $135.00 to $136.00 and gave the company an "overweight" rating in a research note on Friday, September 27th. Bank of America started coverage on shares of Exxon Mobil in a research note on Thursday, October 17th. They issued a "neutral" rating and a $124.00 target price for the company. Mizuho raised their price objective on shares of Exxon Mobil from $128.00 to $130.00 and gave the company a "neutral" rating in a research report on Monday, September 16th. UBS Group reduced their price objective on Exxon Mobil from $157.00 to $149.00 and set a "buy" rating on the stock in a report on Wednesday, September 18th. Finally, Redburn Atlantic reiterated a "neutral" rating and issued a $120.00 price target (up previously from $119.00) on shares of Exxon Mobil in a report on Tuesday, September 24th. One equities research analyst has rated the stock with a sell rating, eight have issued a hold rating, nine have issued a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, Exxon Mobil presently has a consensus rating of "Moderate Buy" and a consensus target price of $129.95.
Check Out Our Latest Stock Analysis on XOM
Hedge Funds Weigh In On Exxon Mobil
Hedge funds have recently made changes to their positions in the stock. Fairway Wealth LLC bought a new position in shares of Exxon Mobil in the 2nd quarter worth about $35,000. Anfield Capital Management LLC increased its holdings in Exxon Mobil by 360.0% in the second quarter. Anfield Capital Management LLC now owns 322 shares of the oil and gas company's stock worth $37,000 after purchasing an additional 252 shares in the last quarter. Fairscale Capital LLC acquired a new position in Exxon Mobil in the second quarter valued at approximately $39,000. POM Investment Strategies LLC grew its position in shares of Exxon Mobil by 918.9% during the 2nd quarter. POM Investment Strategies LLC now owns 377 shares of the oil and gas company's stock worth $43,000 after buying 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 $46,000. 61.80% of the stock is currently owned by institutional investors.
About Representative Moskowitz
Jared Evan Moskowitz (Democratic Party) is a member of the U.S. House, representing Florida's 23rd Congressional District. He assumed office on January 3, 2023. His current term ends on January 3, 2025. Moskowitz (Democratic Party) is running for re-election to the U.S. House to represent Florida's 23rd Congressional District. He declared candidacy for the Democratic primary scheduled on August 20, 2024. Moskowitz resigned his state House seat on January 11, 2019, to head the state's Division of Emergency Management. Jared Evan Moskowitz was born in Coral Springs, Florida. Moskowitz graduated from Marjory Stoneman Douglas High School. He earned a bachelor's degree in political science and government from George Washington University in 2003 and a law degree from Nova Southeastern University in 2007. Moskowitz's career experience includes working as the director of the Florida Division of Emergency Management and general counsel with AshBritt Inc.
About Exxon Mobil
(
Get 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.
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