Exxon Mobil Corporation (NYSE:XOM) Shares Acquired by Advisor Resource Council

Advisor Resource Council increased its position in Exxon Mobil Corporation (NYSE:XOM - Free Report) by 1,463.9% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 69,062 shares of the oil and gas company's stock after buying an additional 64,646 shares during the period. Advisor Resource Council's holdings in Exxon Mobil were worth $7,559,000 as of its most recent SEC filing.

A number of other institutional investors have also modified their holdings of the company. 10Elms LLP acquired a new position in Exxon Mobil during the fourth quarter worth approximately $25,000. Fairway Wealth LLC acquired a new position in Exxon Mobil during the fourth quarter worth approximately $31,000. Capital A Wealth Management LLC acquired a new position in Exxon Mobil during the fourth quarter worth approximately $32,000. Compass Planning Associates Inc purchased a new stake in Exxon Mobil during the fourth quarter worth approximately $47,000. Finally, Synergy Investment Management LLC purchased a new stake in Exxon Mobil during the fourth quarter worth approximately $47,000. Institutional investors and hedge funds own 61.80% of the company's stock.

Exxon Mobil Trading Up 1.4%

NYSE XOM opened at $114.81 on Friday. Exxon Mobil Corporation has a 12 month low of $97.80 and a 12 month high of $126.34. The company has a debt-to-equity ratio of 0.12, a current ratio of 1.24 and a quick ratio of 0.90. The company has a market capitalization of $494.77 billion, a price-to-earnings ratio of 15.23, a price-to-earnings-growth ratio of 2.29 and a beta of 0.49. The company's fifty day moving average price is $106.56 and its two-hundred day moving average price is $108.60.

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, beating analysts' consensus estimates 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 the consensus estimate of $86.11 billion. During the same period in the prior year, the firm posted $2.06 EPS. The firm's revenue was up .1% compared to the same quarter last year. As a group, research analysts predict that Exxon Mobil Corporation will post 7.43 earnings per share for the current fiscal year.

Exxon Mobil Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, June 10th. Shareholders 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 dividend on an annualized basis and a yield of 3.45%. Exxon Mobil's dividend payout ratio (DPR) is 52.52%.

Wall Street Analyst Weigh In

XOM has been the subject of several research reports. Mizuho decreased their price objective 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. Royal Bank Of Canada reiterated a "sector perform" rating on shares of Exxon Mobil in a research note on Thursday, May 22nd. Scotiabank decreased their price objective 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. Morgan Stanley decreased their price objective 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, UBS Group decreased their price objective 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 investment analyst has rated the stock with a sell rating, ten have given a hold rating, nine have assigned a buy rating and two have given a strong buy rating to the company's stock. According to data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average 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.

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