Revisor Wealth Management LLC Boosts Stock Position in Exxon Mobil Corporation (NYSE:XOM)

Revisor Wealth Management LLC boosted its holdings in shares of Exxon Mobil Corporation (NYSE:XOM - Free Report) by 143.5% in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 7,590 shares of the oil and gas company's stock after acquiring an additional 4,473 shares during the quarter. Revisor Wealth Management LLC's holdings in Exxon Mobil were worth $903,000 as of its most recent SEC filing.

A number of other large investors also recently bought and sold shares of XOM. Geode Capital Management LLC lifted its holdings in shares of Exxon Mobil by 1.2% in the 4th quarter. Geode Capital Management LLC now owns 93,299,598 shares of the oil and gas company's stock worth $10,023,875,000 after buying an additional 1,104,617 shares during the period. Norges Bank purchased a new stake in shares of Exxon Mobil in the 4th quarter worth $6,936,737,000. Northern Trust Corp lifted its holdings in shares of Exxon Mobil by 7.0% in the 4th quarter. Northern Trust Corp now owns 46,017,358 shares of the oil and gas company's stock worth $4,950,087,000 after buying an additional 2,998,892 shares during the period. Franklin Resources Inc. lifted its holdings in shares of Exxon Mobil by 13.1% in the 4th quarter. Franklin Resources Inc. now owns 35,662,602 shares of the oil and gas company's stock worth $3,836,226,000 after buying an additional 4,140,046 shares during the period. Finally, Capital Research Global Investors lifted its holdings in shares of Exxon Mobil by 3.9% in the 4th quarter. Capital Research Global Investors now owns 34,763,179 shares of the oil and gas company's stock worth $3,739,465,000 after buying an additional 1,293,111 shares during the period. Hedge funds and other institutional investors own 61.80% of the company's stock.

Exxon Mobil Stock Up 1.0%

NYSE:XOM traded up $1.10 during mid-day trading on Friday, hitting $112.15. 11,223,580 shares of the company's stock traded hands, compared to its average volume of 15,771,659. The company has a fifty day moving average of $107.32 and a 200 day moving average of $108.52. 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 $483.33 billion, a P/E ratio of 14.87, a P/E/G ratio of 2.16 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 announced its earnings results on Friday, May 2nd. The oil and gas company reported $1.76 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.73 by $0.03. Exxon Mobil had a return on equity of 12.06% and a net margin of 9.49%. The company 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 company posted $2.06 EPS. The firm's quarterly revenue 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 Dividend Announcement

The company also recently declared 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 was Thursday, May 15th. This represents a $3.96 annualized dividend and a yield of 3.53%. Exxon Mobil's payout ratio is presently 52.52%.

Wall Street Analyst Weigh In

Several brokerages have weighed in on XOM. Mizuho lowered their target price on Exxon Mobil from $129.00 to $124.00 and set a "neutral" rating for the company in a report on Tuesday, May 13th. Wells Fargo & Company set a $127.00 price target on Exxon Mobil and gave the stock an "overweight" rating in a research report on Thursday, June 26th. UBS Group reduced their price target on Exxon Mobil from $135.00 to $131.00 and set a "buy" rating for the company in a research report on Monday, April 14th. Wall Street Zen raised Exxon Mobil from a "sell" rating to a "hold" rating in a research report on Friday, June 27th. Finally, Barclays reissued a "hold" rating on shares of Exxon Mobil in a research report on Thursday, May 22nd. One research analyst has rated the stock with a sell rating, ten have given a hold rating, nine have given a buy rating and three have assigned a strong buy rating to the company. According to MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus target price of $125.40.

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.