Exxon Mobil Corporation (NYSE:XOM) Shares Acquired by Capital Investment Advisory Services LLC

Capital Investment Advisory Services LLC lifted its stake in shares of Exxon Mobil Corporation (NYSE:XOM - Free Report) by 31.3% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 47,833 shares of the oil and gas company's stock after buying an additional 11,395 shares during the period. Capital Investment Advisory Services LLC's holdings in Exxon Mobil were worth $5,689,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the business. 10Elms LLP purchased a new position in Exxon Mobil in the fourth quarter valued at $25,000. Fairway Wealth LLC purchased a new position in Exxon Mobil in the fourth quarter valued at $31,000. Capital A Wealth Management LLC purchased a new position in Exxon Mobil in the fourth quarter valued at $32,000. Clarity Asset Management Inc. increased its holdings in 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 valued at $47,000 after buying an additional 100 shares in the last quarter. Finally, Banque de Luxembourg S.A. purchased a new position in Exxon Mobil in the fourth quarter valued at $51,000. 61.80% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

XOM has been the subject of a number of research reports. Barclays reissued a "hold" rating on shares of Exxon Mobil in a research note on Thursday, May 22nd. Wells Fargo & Company set a $127.00 target price on shares of Exxon Mobil and gave the stock an "overweight" rating in a research note on Thursday, June 26th. Royal Bank Of Canada reissued a "sector perform" rating on shares of Exxon Mobil in a research note on Thursday, May 22nd. Morgan Stanley cut their target price on shares of Exxon Mobil from $141.00 to $138.00 and set an "overweight" rating for the company in a research note on Thursday, March 27th. Finally, Mizuho cut their target price on shares of Exxon Mobil from $129.00 to $124.00 and set a "neutral" rating for the company in a research note on Tuesday, May 13th. One investment analyst has rated the stock with a sell rating, ten have issued a hold rating, nine have given a buy rating and three have assigned a strong buy rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $125.40.

Exxon Mobil Trading Down 1.0%

NYSE:XOM traded down $1.07 on Monday, hitting $111.13. The stock had a trading volume of 15,410,459 shares, compared to its average volume of 15,770,204. 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 $478.93 billion, a price-to-earnings ratio of 14.74, a PEG ratio of 2.16 and a beta of 0.50. The company has a fifty day moving average price of $107.32 and a two-hundred day moving average price of $108.54. 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 issued its quarterly earnings data on Friday, May 2nd. The oil and gas company reported $1.76 EPS for the quarter, topping the consensus estimate of $1.73 by $0.03. Exxon Mobil had a net margin of 9.49% and a return on equity of 12.06%. The firm had revenue of $83.13 billion for the quarter, compared to analyst estimates of $86.11 billion. During the same period in the prior year, the business posted $2.06 EPS. The business's revenue for the quarter was up .1% compared to the same quarter last year. 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 firm also recently announced a quarterly dividend, which was paid on Tuesday, June 10th. Shareholders of record on Thursday, May 15th were issued a dividend of $0.99 per share. The ex-dividend date was Thursday, May 15th. This represents a $3.96 dividend on an annualized basis and a yield of 3.56%. Exxon Mobil's dividend payout ratio (DPR) is presently 52.52%.

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.