Exxon Mobil Corporation (NYSE:XOM) Shares Purchased by Roffman Miller Associates Inc. PA

Roffman Miller Associates Inc. PA grew its holdings in shares of Exxon Mobil Corporation (NYSE:XOM - Free Report) by 66.2% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 127,952 shares of the oil and gas company's stock after acquiring an additional 50,953 shares during the period. Roffman Miller Associates Inc. PA's holdings in Exxon Mobil were worth $15,217,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also recently modified their holdings of the company. 10Elms LLP purchased a new position in shares of Exxon Mobil in the fourth quarter valued at about $25,000. Fairway Wealth LLC purchased a new position in Exxon Mobil in the 4th quarter worth approximately $31,000. Capital A Wealth Management LLC bought a new position in Exxon Mobil in the 4th quarter worth approximately $32,000. Cloud Capital Management LLC bought a new position in Exxon Mobil in the 1st quarter worth approximately $45,000. Finally, Clarity Asset Management Inc. grew its holdings in Exxon Mobil by 29.7% during the 4th quarter. Clarity Asset Management Inc. now owns 437 shares of the oil and gas company's stock valued at $47,000 after buying an additional 100 shares in the last quarter. 61.80% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

XOM has been the subject of a number of research reports. Piper Sandler upped their target price on shares of Exxon Mobil from $131.00 to $134.00 and gave the stock an "overweight" rating in a research report on Tuesday. TD Cowen boosted their price target on shares of Exxon Mobil from $120.00 to $128.00 and gave the stock a "buy" rating in a research note on Monday, June 23rd. 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 report on Friday. Royal Bank Of Canada reiterated a "sector perform" rating on shares of Exxon Mobil in a research report on Thursday, May 22nd. Finally, Morgan Stanley dropped their price target on Exxon Mobil from $141.00 to $138.00 and set an "overweight" rating for the company in a research note on Thursday, March 27th. One investment analyst has rated the stock with a sell rating, ten have given a hold rating, ten have given a buy rating and two have assigned a strong buy rating to the company's stock. Based on data from MarketBeat.com, Exxon Mobil currently has an average rating of "Moderate Buy" and an average target price of $126.05.

Exxon Mobil Trading Up 0.4%

Shares of NYSE XOM traded up $0.47 during trading hours on Friday, reaching $115.40. The stock had a trading volume of 11,683,034 shares, compared to its average volume of 15,814,693. Exxon Mobil Corporation has a 52-week low of $97.80 and a 52-week high of $126.34. The firm has a market cap of $497.33 billion, a price-to-earnings ratio of 15.31, a P/E/G ratio of 2.22 and a beta of 0.50. The business's fifty day moving average price is $108.01 and its two-hundred day moving average price is $108.79. 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 posted its quarterly earnings results on Friday, May 2nd. The oil and gas company reported $1.76 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.73 by $0.03. The business had revenue of $83.13 billion for the quarter, compared to the consensus estimate of $86.11 billion. Exxon Mobil had a return on equity of 12.06% and a net margin of 9.49%. The business's revenue was up .1% compared to the same quarter last year. During the same quarter in the prior year, the company earned $2.06 EPS. Analysts expect that Exxon Mobil Corporation will post 7.43 EPS for the current fiscal year.

Exxon Mobil Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, June 10th. Investors of record on Thursday, May 15th were paid a $0.99 dividend. This represents a $3.96 dividend on an annualized basis and a yield of 3.43%. The ex-dividend date of this dividend was Thursday, May 15th. Exxon Mobil's dividend payout ratio (DPR) is 52.52%.

About Exxon Mobil

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.