2,898 Shares in Exxon Mobil Corporation (NYSE:XOM) Bought by Capital Management Associates Inc

Capital Management Associates Inc purchased a new stake in shares of Exxon Mobil Corporation (NYSE:XOM - Free Report) in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The firm purchased 2,898 shares of the oil and gas company's stock, valued at approximately $345,000.

Several other institutional investors have also added to or reduced their stakes in the company. Dupree Financial Group LLC grew its holdings in Exxon Mobil by 5.0% during the 1st quarter. Dupree Financial Group LLC now owns 11,223 shares of the oil and gas company's stock valued at $1,335,000 after buying an additional 537 shares in the last quarter. Crossmark Global Holdings Inc. lifted its stake in shares of Exxon Mobil by 0.9% in the 1st quarter. Crossmark Global Holdings Inc. now owns 335,993 shares of the oil and gas company's stock valued at $39,960,000 after purchasing an additional 2,928 shares during the last quarter. Fullcircle Wealth LLC lifted its stake in shares of Exxon Mobil by 8.1% in the 1st quarter. Fullcircle Wealth LLC now owns 9,876 shares of the oil and gas company's stock valued at $1,073,000 after purchasing an additional 738 shares during the last quarter. Centennial Bank AR lifted its stake in shares of Exxon Mobil by 6.3% in the 1st quarter. Centennial Bank AR now owns 6,510 shares of the oil and gas company's stock valued at $774,000 after purchasing an additional 383 shares during the last quarter. Finally, U.S. Capital Wealth Advisors LLC lifted its stake in shares of Exxon Mobil by 3.7% in the 1st quarter. U.S. Capital Wealth Advisors LLC now owns 297,610 shares of the oil and gas company's stock valued at $35,395,000 after purchasing an additional 10,720 shares during the last quarter. Hedge funds and other institutional investors own 61.80% of the company's stock.

Exxon Mobil Stock Up 0.4%

Shares of NYSE:XOM traded up $0.47 on Friday, reaching $115.40. The company had a trading volume of 11,639,856 shares, compared to its average volume of 15,787,359. Exxon Mobil Corporation has a 52-week low of $97.80 and a 52-week high of $126.34. The firm's 50 day simple moving average is $107.83 and its 200-day simple moving average is $108.72. The firm has a market capitalization of $497.33 billion, a PE ratio of 15.31, a PEG ratio of 2.19 and a beta of 0.50. The company has a current ratio of 1.24, a quick ratio of 0.90 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 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.73 by $0.03. Exxon Mobil had a return on equity of 12.06% and a net margin of 9.49%. The business had revenue of $83.13 billion for the quarter, compared to the consensus estimate of $86.11 billion. During the same period last year, the business posted $2.06 EPS. The business's revenue was up .1% compared to the same quarter last year. As a group, analysts expect 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. Investors of record on Thursday, May 15th were paid a dividend of $0.99 per share. The ex-dividend date of this dividend was Thursday, May 15th. This represents a $3.96 annualized dividend and a yield of 3.43%. Exxon Mobil's dividend payout ratio (DPR) is 52.52%.

Analysts Set New Price Targets

XOM has been the subject of several analyst reports. Scotiabank raised their price objective on Exxon Mobil from $115.00 to $125.00 and gave the company a "sector outperform" rating in a research note on Friday. Royal Bank Of Canada reaffirmed a "sector perform" rating on shares of Exxon Mobil in a research note on Thursday, May 22nd. Wells Fargo & Company set a $127.00 price target on Exxon Mobil and gave the stock an "overweight" rating in a research note on Thursday, June 26th. TD Cowen raised their price target on Exxon Mobil from $120.00 to $128.00 and gave the stock a "buy" rating in a research note on Monday, June 23rd. Finally, Wall Street Zen raised Exxon Mobil from a "sell" rating to a "hold" rating in a research note on Friday, June 27th. One equities research analyst has rated the stock with a sell rating, ten have given a hold rating, ten have assigned a buy rating and two have assigned a strong buy rating to the company's stock. According to MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus target price of $126.05.

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.