Exxon Mobil Co. (NYSE:XOM) Stock Holdings Lifted by Breakwater Capital Group

Breakwater Capital Group boosted its stake in Exxon Mobil Co. (NYSE:XOM - Free Report) by 11.9% during the 1st quarter, according to the company in its most recent disclosure with the SEC. The firm owned 28,616 shares of the oil and gas company's stock after acquiring an additional 3,038 shares during the period. Breakwater Capital Group's holdings in Exxon Mobil were worth $3,403,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently made changes to their positions in the company. 10Elms LLP bought a new stake in shares of Exxon Mobil in the fourth quarter worth about $25,000. Fairway Wealth LLC purchased a new stake in Exxon Mobil during the 4th quarter valued at $31,000. Capital A Wealth Management LLC bought a new position in Exxon Mobil in the fourth quarter worth approximately $32,000. Keystone Financial Group Inc. bought a new position in shares of Exxon Mobil in the fourth quarter worth about $36,000. Finally, Compass Planning Associates Inc bought a new position in shares of Exxon Mobil in the fourth quarter worth about $47,000. 61.80% of the stock is currently owned by institutional investors.

Exxon Mobil Stock Up 2.4%

Shares of XOM stock traded up $2.46 on Friday, hitting $104.29. The stock had a trading volume of 15,465,774 shares, compared to its average volume of 15,534,982. The stock's 50 day moving average is $105.71 and its 200-day moving average is $109.29. The company has a debt-to-equity ratio of 0.14, a quick ratio of 0.97 and a current ratio of 1.31. The firm has a market capitalization of $449.45 billion, a price-to-earnings ratio of 13.30, a P/E/G ratio of 3.02 and a beta of 0.51. Exxon Mobil Co. has a 52-week low of $97.80 and a 52-week high of $126.34.

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

Exxon Mobil Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, June 10th. Stockholders of record on Thursday, May 15th will be issued a dividend of $0.99 per share. This represents a $3.96 dividend on an annualized basis and a dividend yield of 3.80%. The ex-dividend date is Thursday, May 15th. Exxon Mobil's dividend payout ratio (DPR) is 52.52%.

Wall Street Analyst Weigh In

Several brokerages recently commented on XOM. Royal Bank of Canada reiterated a "sector perform" rating on shares of Exxon Mobil in a report on Thursday, May 22nd. Mizuho reduced their target price on Exxon Mobil from $129.00 to $124.00 and set a "neutral" rating on the stock in a research report on Tuesday, May 13th. Morgan Stanley dropped their target price on Exxon Mobil from $141.00 to $138.00 and set an "overweight" rating on the stock in a research report on Thursday, March 27th. UBS Group dropped their price objective 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. Finally, Scotiabank dropped 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 report on Friday, April 11th. One analyst has rated the stock with a sell rating, ten have given a hold rating, nine have given a buy rating and two have given a strong buy rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $125.50.

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.