BCU Wealth Advisors LLC Invests $515,000 in Exxon Mobil Corporation (NYSE:XOM)

BCU Wealth Advisors LLC acquired a new stake in Exxon Mobil Corporation (NYSE:XOM - Free Report) during the 1st quarter, according to the company in its most recent filing with the SEC. The institutional investor acquired 4,330 shares of the oil and gas company's stock, valued at approximately $515,000.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in XOM. 10Elms LLP purchased a new position in Exxon Mobil in the fourth quarter valued at about $25,000. Fairway Wealth LLC acquired a new stake in shares of Exxon Mobil during the 4th quarter valued at about $31,000. Capital A Wealth Management LLC bought a new stake in shares of Exxon Mobil in the 4th quarter valued at approximately $32,000. Compass Planning Associates Inc bought a new position in Exxon Mobil during the fourth quarter valued at approximately $47,000. Finally, Clarity Asset Management Inc. lifted its stake in Exxon Mobil by 29.7% in the fourth quarter. Clarity Asset Management Inc. now owns 437 shares of the oil and gas company's stock valued at $47,000 after acquiring an additional 100 shares during the last quarter. Hedge funds and other institutional investors own 61.80% of the company's stock.

Analyst Upgrades and Downgrades

XOM has been the topic of several analyst reports. UBS Group dropped their price target on shares of Exxon Mobil from $135.00 to $131.00 and set a "buy" rating on the stock in a research note on Monday, April 14th. Morgan Stanley cut their target price on Exxon Mobil from $141.00 to $138.00 and set an "overweight" rating on the stock in a report on Thursday, March 27th. Scotiabank lowered their price objective on Exxon Mobil from $140.00 to $115.00 and set a "sector outperform" rating on the stock in a report on Friday, April 11th. Piper Sandler downgraded Exxon Mobil from a "strong-buy" rating to a "hold" rating in a research note on Wednesday, May 28th. Finally, Mizuho reduced their target price on Exxon Mobil from $129.00 to $124.00 and set a "neutral" rating for the company in a report on Tuesday, May 13th. One analyst has rated the stock with a sell rating, ten have assigned a hold rating, nine have assigned a buy rating and two have given a strong buy rating to the company's stock. Based on data from MarketBeat.com, the company has an average rating of "Moderate Buy" and an average price target of $125.50.

Exxon Mobil Trading Up 1.4%

NYSE:XOM traded up $1.62 on Friday, reaching $114.81. The company's stock had a trading volume of 36,247,131 shares, compared to its average volume of 15,796,297. Exxon Mobil Corporation has a 1-year low of $97.80 and a 1-year high of $126.34. The business's 50-day moving average price is $106.32 and its two-hundred day moving average price is $108.66. The firm has a market cap of $494.77 billion, a PE ratio of 15.23, a PEG ratio of 2.26 and a beta of 0.49. The company has a debt-to-equity ratio of 0.12, a quick ratio of 0.90 and a current ratio of 1.24.

Exxon Mobil (NYSE:XOM - Get Free Report) last issued its quarterly earnings data on Friday, May 2nd. The oil and gas company reported $1.76 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.73 by $0.03. Exxon Mobil had a return on equity of 12.06% and a net margin of 9.49%. The business had revenue of $83.13 billion during the quarter, compared to analyst estimates of $86.11 billion. During the same period in the previous year, the firm earned $2.06 EPS. Exxon Mobil's quarterly revenue was up .1% compared to the same quarter last year. Equities research analysts anticipate that Exxon Mobil Corporation will post 7.43 earnings per share for the current fiscal year.

Exxon Mobil Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, June 10th. Stockholders of record on Thursday, May 15th were given a dividend of $0.99 per share. This represents a $3.96 annualized dividend and a dividend yield of 3.45%. The ex-dividend date was Thursday, May 15th. Exxon Mobil's dividend payout ratio is 52.52%.

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.