Capital Advisors Inc. OK Acquires 8,507 Shares of Exxon Mobil Corporation (NYSE:XOM)

Capital Advisors Inc. OK raised its holdings in shares of Exxon Mobil Corporation (NYSE:XOM - Free Report) by 1.2% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 715,538 shares of the oil and gas company's stock after purchasing an additional 8,507 shares during the quarter. Exxon Mobil accounts for about 1.7% of Capital Advisors Inc. OK's portfolio, making the stock its 12th largest position. Capital Advisors Inc. OK's holdings in Exxon Mobil were worth $85,099,000 as of its most recent SEC filing.

Other institutional investors have also bought and sold shares of the company. Proficio Capital Partners LLC grew its position in shares of Exxon Mobil by 35.3% in the 4th quarter. Proficio Capital Partners LLC now owns 18,252 shares of the oil and gas company's stock worth $1,963,000 after buying an additional 4,760 shares during the last quarter. Edgestream Partners L.P. acquired a new stake in Exxon Mobil during the 4th quarter valued at approximately $863,000. Tortoise Investment Management LLC lifted its stake in Exxon Mobil by 2.8% during the 4th quarter. Tortoise Investment Management LLC now owns 4,214 shares of the oil and gas company's stock valued at $453,000 after acquiring an additional 115 shares during the period. Claris Advisors LLC MO lifted its stake in Exxon Mobil by 44.2% during the 4th quarter. Claris Advisors LLC MO now owns 6,384 shares of the oil and gas company's stock valued at $687,000 after acquiring an additional 1,958 shares during the period. Finally, Davis R M Inc. lifted its stake in Exxon Mobil by 4.9% during the 4th quarter. Davis R M Inc. now owns 421,722 shares of the oil and gas company's stock valued at $45,365,000 after acquiring an additional 19,607 shares during the period. Institutional investors own 61.80% of the company's stock.

Exxon Mobil Stock Up 2.8%

Shares of NYSE:XOM opened at $114.19 on Wednesday. The firm's 50 day moving average price is $107.48 and its 200 day moving average price is $108.62. The stock has a market cap of $492.12 billion, a price-to-earnings ratio of 15.14, a price-to-earnings-growth ratio of 2.14 and a beta of 0.50. Exxon Mobil Corporation has a fifty-two week low of $97.80 and a fifty-two week high of $126.34. The company has a quick ratio of 0.90, a current ratio of 1.24 and a debt-to-equity ratio of 0.12.

Exxon Mobil (NYSE:XOM - Get Free Report) last announced its quarterly earnings results on Friday, May 2nd. The oil and gas company reported $1.76 EPS 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%. The firm's revenue was up .1% on a year-over-year basis. During the same period in the prior year, the firm posted $2.06 earnings per share. As a group, equities research analysts predict that Exxon Mobil Corporation will post 7.43 earnings per share for the current fiscal year.

Exxon Mobil Announces Dividend

The firm also recently announced 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. The ex-dividend date of this dividend was Thursday, May 15th. This represents a $3.96 dividend on an annualized basis and a dividend yield of 3.47%. Exxon Mobil's dividend payout ratio (DPR) is presently 52.52%.

Analyst Ratings Changes

Several equities analysts recently issued reports on XOM shares. UBS Group decreased their target price on shares of Exxon Mobil from $135.00 to $131.00 and set a "buy" rating for the company in a research note on Monday, April 14th. Barclays reiterated a "hold" rating on shares of Exxon Mobil in a research note on Thursday, May 22nd. TD Cowen boosted their target price on shares of Exxon Mobil from $120.00 to $128.00 and gave the company a "buy" rating in a research note on Monday, June 23rd. Piper Sandler boosted their target price on shares of Exxon Mobil from $131.00 to $134.00 and gave the company an "overweight" rating in a research note on Tuesday. Finally, Scotiabank decreased their target price on shares of Exxon Mobil from $140.00 to $115.00 and set a "sector outperform" rating for the company in a research note on Friday, April 11th. One analyst has rated the stock with a sell rating, ten have assigned a hold rating, ten have given a buy rating and two have given a strong buy rating to the stock. According to MarketBeat.com, Exxon Mobil currently has a consensus rating of "Moderate Buy" and a consensus target price of $125.55.

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.

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