Exxon Mobil Corporation $XOM Shares Bought by Helen Stephens Group LLC

Key Points

• Helen Stephens Group LLC increased its stake in Exxon Mobil by 9.5% during Q2, owning 45,735 shares valued at approximately $4.93 million.
• Wall Street analysts have raised their price targets for Exxon Mobil, with UBS Group increasing its target from $130 to $143 and maintaining a "buy" rating.
• Exxon Mobil recently announced a quarterly dividend of $0.99 per share, representing an annual yield of 3.5% with a payout ratio of 56.25%.

Helen Stephens Group LLC grew its stake in shares of Exxon Mobil Corporation (NYSE:XOM - Free Report) by 9.5% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 45,735 shares of the oil and gas company's stock after acquiring an additional 3,983 shares during the quarter. Exxon Mobil comprises about 1.2% of Helen Stephens Group LLC's holdings, making the stock its 18th largest position. Helen Stephens Group LLC's holdings in Exxon Mobil were worth $4,930,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds also recently modified their holdings of the company. 10Elms LLP acquired a new position in shares of Exxon Mobil during the 4th quarter valued at about $25,000. Graybill Wealth Management LTD. acquired a new position in shares of Exxon Mobil during the 1st quarter valued at about $29,000. Elequin Capital LP acquired a new position in shares of Exxon Mobil during the 1st quarter valued at about $31,000. Clal Insurance Enterprises Holdings Ltd increased its stake in shares of Exxon Mobil by 396.7% during the 1st quarter. Clal Insurance Enterprises Holdings Ltd now owns 298 shares of the oil and gas company's stock valued at $35,000 after acquiring an additional 238 shares during the last quarter. Finally, Capital A Wealth Management LLC acquired a new position in shares of Exxon Mobil during the 4th quarter valued at about $32,000. Institutional investors and hedge funds own 61.80% of the company's stock.

Wall Street Analyst Weigh In

XOM has been the subject of a number of research analyst reports. UBS Group upped their price objective on shares of Exxon Mobil from $130.00 to $143.00 and gave the company a "buy" rating in a research note on Wednesday, August 20th. Royal Bank Of Canada reissued a "sector perform" rating on shares of Exxon Mobil in a research report on Thursday, May 22nd. Morgan Stanley increased their target price on shares of Exxon Mobil from $134.00 to $135.00 and gave the stock an "overweight" rating in a research report on Monday, August 4th. Wall Street Zen raised shares of Exxon Mobil from a "sell" rating to a "hold" rating in a research report on Saturday. Finally, Barclays reissued a "hold" rating on shares of Exxon Mobil in a research report on Thursday, May 22nd. One analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating, eleven have assigned a Hold rating and one has assigned a Sell rating to the company's stock. According to MarketBeat, the stock presently has an average rating of "Hold" and a consensus price target of $124.81.

Exxon Mobil Stock Up 0.1%

Shares of NYSE:XOM opened at $112.21 on Friday. The company has a quick ratio of 0.88, a current ratio of 1.25 and a debt-to-equity ratio of 0.12. Exxon Mobil Corporation has a 52-week low of $97.80 and a 52-week high of $126.34. The company has a 50 day moving average of $110.55 and a two-hundred day moving average of $109.15. The company has a market capitalization of $478.38 billion, a price-to-earnings ratio of 15.94, a price-to-earnings-growth ratio of 2.05 and a beta of 0.57.

Exxon Mobil (NYSE:XOM - Get Free Report) last issued its quarterly earnings data on Friday, August 1st. The oil and gas company reported $1.64 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.47 by $0.17. Exxon Mobil had a net margin of 9.17% and a return on equity of 11.34%. The company had revenue of $81.51 billion during the quarter, compared to the consensus estimate of $79.07 billion. During the same quarter last year, the company earned $2.14 earnings per share. Exxon Mobil's revenue for the quarter was down 12.4% on a year-over-year basis. As a group, analysts forecast that Exxon Mobil Corporation will post 7.43 earnings per share for the current fiscal year.

Exxon Mobil Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, September 10th. Shareholders of record on Friday, August 15th were given a $0.99 dividend. The ex-dividend date of this dividend was Friday, August 15th. This represents a $3.96 annualized dividend and a yield of 3.5%. Exxon Mobil's dividend payout ratio (DPR) is 56.25%.

Insider Transactions at Exxon Mobil

In other Exxon Mobil news, VP Darrin L. Talley sold 2,158 shares of the stock in a transaction that occurred on Friday, August 22nd. The shares were sold at an average price of $110.45, for a total value of $238,351.10. Following the completion of the sale, the vice president owned 13,829 shares of the company's stock, valued at $1,527,413.05. This trade represents a 13.50% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 0.03% of the stock is owned by company insiders.

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.

Want to see what other hedge funds are holding XOM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Exxon Mobil Corporation (NYSE:XOM - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.