Exxon Mobil Corporation (NYSE:XOM) Shares Purchased by Capital Advisors Inc. OK

Capital Advisors Inc. OK lifted its stake in shares of Exxon Mobil Corporation (NYSE:XOM - Free Report) by 1.2% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 715,538 shares of the oil and gas company's stock after buying an additional 8,507 shares during the period. Exxon Mobil makes up approximately 1.7% of Capital Advisors Inc. OK's investment portfolio, making the stock its 12th biggest holding. Capital Advisors Inc. OK's holdings in Exxon Mobil were worth $85,099,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in XOM. 10Elms LLP acquired a new position in shares of Exxon Mobil in the fourth quarter worth about $25,000. Fairway Wealth LLC acquired a new position in shares of Exxon Mobil in the fourth quarter worth about $31,000. Capital A Wealth Management LLC acquired a new position in shares of Exxon Mobil in the fourth quarter worth about $32,000. Cloud Capital Management LLC acquired a new position in shares of Exxon Mobil in the first quarter worth about $45,000. Finally, Clarity Asset Management Inc. raised its position in shares of 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 worth $47,000 after acquiring an additional 100 shares during the period. 61.80% of the stock is currently owned by institutional investors and hedge funds.

Exxon Mobil Trading Down 0.3%

NYSE:XOM traded down $0.39 on Wednesday, hitting $113.80. The stock had a trading volume of 10,646,001 shares, compared to its average volume of 15,768,001. The company has a quick ratio of 0.90, a current ratio of 1.24 and a debt-to-equity ratio of 0.12. The stock has a market cap of $490.44 billion, a price-to-earnings ratio of 15.09, a PEG ratio of 2.14 and a beta of 0.50. The company has a fifty day moving average price of $107.48 and a two-hundred day moving average price of $108.62. Exxon Mobil Corporation has a 1-year low of $97.80 and a 1-year high of $126.34.

Exxon Mobil (NYSE:XOM - Get Free Report) last posted its 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 company had revenue of $83.13 billion for the quarter, compared to analyst estimates of $86.11 billion. Exxon Mobil had a net margin of 9.49% and a return on equity of 12.06%. Exxon Mobil's revenue was up .1% on a year-over-year basis. During the same period in the previous year, the business posted $2.06 EPS. Equities research analysts expect that Exxon Mobil Corporation will post 7.43 earnings per share for the current fiscal year.

Exxon Mobil Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, June 10th. Shareholders of record on Thursday, May 15th were issued a $0.99 dividend. The ex-dividend date was Thursday, May 15th. This represents a $3.96 annualized dividend and a yield of 3.48%. Exxon Mobil's payout ratio is 52.52%.

Analysts Set New Price Targets

A number of research analysts have weighed in on XOM shares. Barclays reiterated a "hold" rating on shares of Exxon Mobil in a research report on Thursday, May 22nd. Mizuho decreased their price objective on shares of Exxon Mobil from $129.00 to $124.00 and set a "neutral" rating for the company in a research report on Tuesday, May 13th. Wells Fargo & Company set a $127.00 price objective on shares of Exxon Mobil and gave the stock an "overweight" rating in a research report on Thursday, June 26th. Piper Sandler boosted their target price on shares of Exxon Mobil from $131.00 to $134.00 and gave the stock an "overweight" rating in a research note on Tuesday. Finally, Wall Street Zen raised shares of Exxon Mobil from a "sell" rating to a "hold" rating in a research note on Friday, June 27th. One analyst has rated the stock with a sell rating, ten have issued a hold rating, ten have issued a buy rating and two have issued a strong buy rating to the stock. According to MarketBeat, the company currently has an average rating of "Moderate Buy" and an average target price of $125.55.

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.