Curated Wealth Partners LLC Takes Position in Exxon Mobil Co. (NYSE:XOM)

Curated Wealth Partners LLC bought a new position in shares of Exxon Mobil Co. (NYSE:XOM - Free Report) during the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 3,082 shares of the oil and gas company's stock, valued at approximately $367,000.

Other institutional investors have also added to or reduced their stakes in the company. 10Elms LLP acquired a new stake in Exxon Mobil during the fourth quarter worth about $25,000. Fairway Wealth LLC acquired a new stake in Exxon Mobil during the fourth quarter valued at approximately $31,000. Capital A Wealth Management LLC acquired a new stake in Exxon Mobil during the fourth quarter valued at approximately $32,000. Keystone Financial Group Inc. acquired a new stake in Exxon Mobil during the fourth quarter valued at approximately $36,000. Finally, Compass Planning Associates Inc acquired a new stake in Exxon Mobil during the fourth quarter valued at approximately $47,000. 61.80% of the stock is owned by institutional investors and hedge funds.

Exxon Mobil Trading Up 2.1%

XOM stock traded up $2.33 during trading on Friday, hitting $112.06. The company had a trading volume of 28,512,903 shares, compared to its average volume of 15,691,277. The company has a quick ratio of 0.97, a current ratio of 1.31 and a debt-to-equity ratio of 0.14. The firm has a 50-day moving average price of $105.51 and a 200-day moving average price of $108.78. Exxon Mobil Co. has a 12 month low of $97.80 and a 12 month high of $126.34. The stock has a market cap of $482.95 billion, a price-to-earnings ratio of 14.29, a PEG ratio of 3.02 and a beta of 0.49.

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

Exxon Mobil Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, June 10th. Stockholders of record on Thursday, May 15th were paid a $0.99 dividend. This represents a $3.96 dividend on an annualized basis and a dividend yield of 3.53%. The ex-dividend date of this dividend was Thursday, May 15th. Exxon Mobil's dividend payout ratio (DPR) is currently 52.52%.

Analyst Upgrades and Downgrades

XOM has been the topic of a number of recent research reports. Morgan Stanley decreased their price objective on Exxon Mobil from $141.00 to $138.00 and set an "overweight" rating on the stock in a report on Thursday, March 27th. Piper Sandler downgraded Exxon Mobil from a "strong-buy" rating to a "hold" rating in a report on Wednesday, May 28th. Royal Bank of Canada reaffirmed a "sector perform" rating on shares of Exxon Mobil in a report on Thursday, May 22nd. Scotiabank decreased their price objective on Exxon Mobil from $140.00 to $115.00 and set a "sector outperform" rating on the stock in a report on Friday, April 11th. Finally, UBS Group cut 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. 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 assigned a strong buy rating to the stock. According to data from MarketBeat, Exxon Mobil currently has a consensus rating of "Moderate Buy" and a consensus price target of $125.50.

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.