Arcadia Wealth Management Inc. Takes $437,000 Position in Exxon Mobil Co. (NYSE:XOM)

Arcadia Wealth Management Inc. bought a new position in shares of Exxon Mobil Co. (NYSE:XOM - Free Report) during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 4,061 shares of the oil and gas company's stock, valued at approximately $437,000.

A number of other large investors also recently made changes to their positions in XOM. Beacon Capital Management LLC boosted its holdings 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 worth $923,000 after buying an additional 93 shares during the period. Altus Wealth Group LLC boosted its holdings 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 worth $1,090,000 after buying an additional 94 shares during the period. Harvest Fund Management Co. Ltd boosted its holdings 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 worth $99,000 after buying an additional 94 shares during the period. Field & Main Bank boosted its holdings 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 worth $2,527,000 after buying an additional 95 shares during the period. Finally, WPWealth LLP boosted its holdings in Exxon Mobil by 1.1% in the 4th quarter. WPWealth LLP now owns 9,201 shares of the oil and gas company's stock worth $990,000 after buying an additional 96 shares during the period. Institutional investors own 61.80% of the company's stock.

Exxon Mobil Stock Up 0.1%

Shares of NYSE XOM opened at $103.11 on Tuesday. The firm's 50-day moving average price is $108.01 and its 200-day moving average price is $110.13. The company has a current ratio of 1.31, a quick ratio of 0.97 and a debt-to-equity ratio of 0.14. The stock has a market capitalization of $444.36 billion, a price-to-earnings ratio of 13.15, a P/E/G ratio of 3.02 and a beta of 0.51. 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 announced its earnings results 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. The firm had revenue of $83.13 billion for the quarter, compared to analysts' expectations of $86.11 billion. Exxon Mobil had a net margin of 9.63% and a return on equity of 12.92%. The business's revenue was up .1% compared to the same quarter last year. During the same period in the prior year, the company earned $2.06 EPS. On average, equities research analysts anticipate that Exxon Mobil Co. will post 7.43 EPS for the current fiscal year.

Exxon Mobil Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, June 10th. Stockholders of record on Thursday, May 15th will be given a dividend of $0.99 per share. This represents a $3.96 annualized dividend and a dividend yield of 3.84%. The ex-dividend date of this dividend is Thursday, May 15th. Exxon Mobil's dividend payout ratio is 52.52%.

Analysts Set New Price Targets

Several research analysts recently weighed in on XOM shares. The Goldman Sachs Group dropped their target price on shares of Exxon Mobil from $125.00 to $123.00 and set a "neutral" rating for the company in a report on Friday, January 31st. Argus raised shares of Exxon Mobil to a "strong-buy" rating in a report on Tuesday, February 4th. UBS Group dropped their target price on shares of Exxon Mobil from $135.00 to $131.00 and set a "buy" rating for the company in a report on Monday, April 14th. Barclays reaffirmed a "hold" rating on shares of Exxon Mobil in a report on Thursday. Finally, Morgan Stanley dropped their target price on shares of Exxon Mobil from $141.00 to $138.00 and set an "overweight" rating for the company in a report on Thursday, March 27th. One analyst has rated the stock with a sell rating, nine have issued a hold rating, ten have issued a buy rating and two have issued a strong buy rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average target price of $125.50.

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.

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