4,003 Shares in Exxon Mobil Corporation (NYSE:XOM) Acquired by American Alpha Advisors LLC

Key Points

• American Alpha Advisors LLC has made a new investment of approximately $476,000 in Exxon Mobil Corporation, acquiring 4,003 shares during the first quarter.
• Exxon Mobil's recent earnings report showed an EPS of $1.64 for the last quarter, surpassing the consensus estimate of $1.47, with total revenue of $81.51 billion.
• The company recently announced a quarterly dividend of $0.99 per share, reflecting an annualized dividend yield of 3.7%.

American Alpha Advisors LLC acquired a new stake in shares of Exxon Mobil Corporation (NYSE:XOM - Free Report) during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 4,003 shares of the oil and gas company's stock, valued at approximately $476,000.

Other institutional investors and hedge funds have also bought and sold shares of the company. GAMMA Investing LLC grew its holdings in Exxon Mobil by 14,242.7% in the first quarter. GAMMA Investing LLC now owns 9,457,554 shares of the oil and gas company's stock worth $1,124,787,000 after purchasing an additional 9,391,614 shares during the last quarter. Northern Trust Corp grew its holdings in Exxon Mobil by 7.0% in the fourth quarter. Northern Trust Corp now owns 46,017,358 shares of the oil and gas company's stock worth $4,950,087,000 after purchasing an additional 2,998,892 shares during the last quarter. Universal Beteiligungs und Servicegesellschaft mbH purchased a new position in Exxon Mobil in the fourth quarter worth $240,653,000. Massachusetts Financial Services Co. MA grew its holdings in Exxon Mobil by 8.3% in the first quarter. Massachusetts Financial Services Co. MA now owns 20,256,504 shares of the oil and gas company's stock worth $2,409,106,000 after purchasing an additional 1,550,248 shares during the last quarter. Finally, Federated Hermes Inc. grew its holdings in Exxon Mobil by 68.3% in the first quarter. Federated Hermes Inc. now owns 3,406,119 shares of the oil and gas company's stock worth $405,090,000 after purchasing an additional 1,382,760 shares during the last quarter. 61.80% of the stock is owned by hedge funds and other institutional investors.

Exxon Mobil Price Performance

Shares of Exxon Mobil stock traded down $0.38 on Thursday, hitting $107.22. The company's stock had a trading volume of 7,117,839 shares, compared to its average volume of 16,733,457. The company has a market capitalization of $457.12 billion, a price-to-earnings ratio of 15.23, a price-to-earnings-growth ratio of 1.99 and a beta of 0.53. Exxon Mobil Corporation has a 1 year low of $97.80 and a 1 year high of $126.34. The company has a debt-to-equity ratio of 0.12, a quick ratio of 0.88 and a current ratio of 1.25. The firm has a fifty day moving average price of $110.09 and a 200-day moving average price of $108.91.

Exxon Mobil (NYSE:XOM - Get Free Report) last posted its quarterly earnings data on Friday, August 1st. The oil and gas company reported $1.64 EPS for the quarter, beating analysts' consensus estimates of $1.47 by $0.17. Exxon Mobil had a return on equity of 11.34% and a net margin of 9.17%. The business had revenue of $81.51 billion during the quarter, compared to analysts' expectations of $79.07 billion. During the same period in the previous year, the business earned $2.14 earnings per share. The business's revenue was down 12.4% compared to the same quarter last year. As a group, sell-side 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 announced a quarterly dividend, which will be paid on Wednesday, September 10th. Stockholders of record on Friday, August 15th will be given a $0.99 dividend. The ex-dividend date is Friday, August 15th. This represents a $3.96 annualized dividend and a dividend yield of 3.7%. Exxon Mobil's dividend payout ratio (DPR) is 56.25%.

Analyst Ratings Changes

Several equities analysts recently issued reports on XOM shares. Barclays reissued a "hold" rating on shares of Exxon Mobil in a research report on Thursday, May 22nd. Wall Street Zen raised Exxon Mobil from a "sell" rating to a "hold" rating in a report on Friday, June 27th. TD Cowen raised their price objective on Exxon Mobil from $120.00 to $128.00 and gave the stock a "buy" rating in a research note on Monday, June 23rd. Morgan Stanley upped their target price on Exxon Mobil from $134.00 to $135.00 and gave the company an "overweight" rating in a research report on Monday, August 4th. Finally, Mizuho cut their price target on shares of Exxon Mobil from $129.00 to $124.00 and set a "neutral" rating on the stock in a report on Tuesday, May 13th. One analyst has rated the stock with a sell rating, ten have assigned a hold rating, eight have given a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, the stock currently has an average rating of "Hold" and an average price target of $125.26.

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.