17,620 Shares in Exxon Mobil Co. (NYSE:XOM) Purchased by Teza Capital Management LLC

Teza Capital Management LLC acquired a new position in shares of Exxon Mobil Co. (NYSE:XOM - Free Report) in the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 17,620 shares of the oil and gas company's stock, valued at approximately $1,895,000.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Beacon Capital Management LLC grew its position in Exxon Mobil by 1.1% in the 4th quarter. Beacon Capital Management LLC now owns 8,582 shares of the oil and gas company's stock valued at $923,000 after acquiring an additional 93 shares in the last quarter. Lincoln Capital LLC grew its position in Exxon Mobil by 1.1% in the 4th quarter. Lincoln Capital LLC now owns 8,521 shares of the oil and gas company's stock valued at $917,000 after acquiring an additional 94 shares in the last quarter. Altus Wealth Group LLC grew its position in Exxon Mobil by 0.9% in the 4th quarter. Altus Wealth Group LLC now owns 10,130 shares of the oil and gas company's stock valued at $1,090,000 after acquiring an additional 94 shares in the last quarter. Harvest Fund Management Co. Ltd grew its position in Exxon Mobil by 11.4% in the 4th quarter. Harvest Fund Management Co. Ltd now owns 918 shares of the oil and gas company's stock valued at $99,000 after acquiring an additional 94 shares in the last quarter. Finally, Field & Main Bank grew its position in Exxon Mobil by 0.4% in the 4th quarter. Field & Main Bank now owns 23,495 shares of the oil and gas company's stock valued at $2,527,000 after acquiring an additional 95 shares in the last quarter. 61.80% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

XOM has been the topic of a number of recent research reports. Barclays cut their target price on shares of Exxon Mobil from $130.00 to $127.00 and set an "overweight" rating on the stock in a research note on Monday, May 5th. Bernstein Bank upped their target price on shares of Exxon Mobil from $138.00 to $144.00 and gave the stock an "overweight" rating in a research note on Friday, January 31st. Scotiabank cut their target price on shares of Exxon Mobil from $140.00 to $115.00 and set a "sector outperform" rating on the stock in a research note on Friday, April 11th. Argus upgraded shares of Exxon Mobil to a "strong-buy" rating in a research note on Tuesday, February 4th. Finally, Royal Bank of Canada cut their target price on shares of Exxon Mobil from $115.00 to $105.00 and set a "sector perform" rating on the stock in a research note on Monday, May 5th. One research analyst has rated the stock with a sell rating, eight have given a hold rating, eleven have issued a buy rating and two have assigned a strong buy rating to the stock. According to data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average price target of $125.50.

Exxon Mobil Stock Down 0.4%

Shares of Exxon Mobil stock opened at $108.13 on Friday. The stock's fifty day moving average is $108.98 and its 200-day moving average is $110.81. The firm has a market capitalization of $466.01 billion, a PE ratio of 13.79, a price-to-earnings-growth ratio of 3.02 and a beta of 0.51. The company has a quick ratio of 0.97, a current ratio of 1.31 and a debt-to-equity ratio of 0.14. Exxon Mobil Co. has a 12-month low of $97.80 and a 12-month high of $126.34.

Exxon Mobil (NYSE:XOM - Get Free Report) last posted its quarterly earnings results on Friday, May 2nd. The oil and gas company reported $1.76 earnings per share for the quarter, beating the consensus estimate of $1.73 by $0.03. The firm had revenue of $83.13 billion for the quarter, compared to analyst estimates of $86.11 billion. Exxon Mobil had a return on equity of 12.92% and a net margin of 9.63%. Exxon Mobil's quarterly revenue was up .1% on a year-over-year basis. During the same period in the previous year, the firm earned $2.06 earnings per share. Equities analysts anticipate that Exxon Mobil Co. will post 7.43 earnings per share for the current year.

Exxon Mobil Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, June 10th. Shareholders of record on Thursday, May 15th will be paid a $0.99 dividend. The ex-dividend date of this dividend is Thursday, May 15th. This represents a $3.96 dividend on an annualized basis and a yield of 3.66%. Exxon Mobil's dividend payout ratio (DPR) is currently 52.52%.

Exxon Mobil Company 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.

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