Exxon Mobil Corporation (NYSE:XOM) Shares Acquired by Cwm LLC

CWM LLC increased its stake in shares of Exxon Mobil Corporation (NYSE:XOM - Free Report) by 9.3% during the 1st quarter, according to the company in its most recent filing with the SEC. The fund owned 747,522 shares of the oil and gas company's stock after purchasing an additional 63,613 shares during the quarter. CWM LLC's holdings in Exxon Mobil were worth $88,903,000 at the end of the most recent quarter.

Several other large investors have also recently modified their holdings of XOM. Quantinno Capital Management LP grew its position in Exxon Mobil by 24.1% in the 4th quarter. Quantinno Capital Management LP now owns 570,158 shares of the oil and gas company's stock valued at $61,332,000 after acquiring an additional 110,772 shares during the last quarter. Accredited Wealth Management LLC bought a new position in Exxon Mobil in the 4th quarter valued at $55,000. Legacy Trust grew its position in Exxon Mobil by 12.7% in the 1st quarter. Legacy Trust now owns 8,861 shares of the oil and gas company's stock valued at $1,054,000 after acquiring an additional 997 shares during the last quarter. Paradigm Capital Management LLC NV grew its position in Exxon Mobil by 1.6% in the 4th quarter. Paradigm Capital Management LLC NV now owns 14,244 shares of the oil and gas company's stock valued at $1,532,000 after acquiring an additional 227 shares during the last quarter. Finally, SteelPeak Wealth LLC grew its position in Exxon Mobil by 24.2% in the 1st quarter. SteelPeak Wealth LLC now owns 38,721 shares of the oil and gas company's stock valued at $4,605,000 after acquiring an additional 7,543 shares during the last quarter. Institutional investors own 61.80% of the company's stock.

Exxon Mobil Stock Down 0.4%

NYSE:XOM traded down $0.43 during mid-day trading on Wednesday, hitting $112.48. 6,211,442 shares of the company's stock traded hands, compared to its average volume of 15,759,174. The company has a fifty day moving average of $108.39 and a 200 day moving average of $108.89. Exxon Mobil Corporation has a twelve month low of $97.80 and a twelve month high of $126.34. The company has a market capitalization of $484.75 billion, a P/E ratio of 14.94, a P/E/G ratio of 2.18 and a beta of 0.50. The company has a debt-to-equity ratio of 0.12, a quick ratio of 0.90 and a current ratio of 1.24.

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 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 business had revenue of $83.13 billion during the quarter, compared to the consensus estimate of $86.11 billion. During the same period in the previous year, the firm posted $2.06 earnings per share. The business's revenue for the quarter was up .1% compared to the same quarter last year. On average, analysts forecast that Exxon Mobil Corporation will post 7.43 EPS for the current year.

Exxon Mobil Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, June 10th. Stockholders of record on Thursday, May 15th were issued a $0.99 dividend. This represents a $3.96 dividend on an annualized basis and a dividend yield of 3.52%. The ex-dividend date of this dividend was Thursday, May 15th. Exxon Mobil's dividend payout ratio is presently 52.52%.

Analyst Upgrades and Downgrades

Several equities research analysts have weighed in on the company. Scotiabank reiterated an "outperform" rating on shares of Exxon Mobil in a report on Friday, July 11th. Royal Bank Of Canada reiterated a "sector perform" rating on shares of Exxon Mobil in a report on Thursday, May 22nd. Barclays reiterated a "hold" rating on shares of Exxon Mobil in a report on Thursday, May 22nd. Wall Street Zen upgraded Exxon Mobil from a "sell" rating to a "hold" rating in a report on Friday, June 27th. Finally, TD Cowen upped their target price on Exxon Mobil from $120.00 to $128.00 and gave the stock a "buy" rating in a report on Monday, June 23rd. One equities research 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 company. Based on data from MarketBeat, Exxon Mobil 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.