Exxon Mobil Corporation $XOM Stock Holdings Lifted by Compound Planning Inc.

Key Points

• Compound Planning Inc. increased its holdings in Exxon Mobil Corporation by 13.3% during the first quarter, owning 56,325 shares worth approximately $6.7 million, according to SEC filings.
• Exxon Mobil reported quarterly earnings of $1.64 EPS, surpassing analyst expectations of $1.47, despite a 12.4% decline in revenue compared to the previous year.
• The company announced a quarterly dividend of $0.99 per share, representing an annual yield of 3.6%, with the payout scheduled for September 10th.

Compound Planning Inc. lifted its position in Exxon Mobil Corporation (NYSE:XOM - Free Report) by 13.3% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 56,325 shares of the oil and gas company's stock after acquiring an additional 6,616 shares during the period. Compound Planning Inc.'s holdings in Exxon Mobil were worth $6,699,000 as of its most recent SEC filing.

Several other institutional investors have also made changes to their positions in XOM. 10Elms LLP purchased a new position in shares of Exxon Mobil in the fourth quarter worth approximately $25,000. Graybill Wealth Management LTD. acquired a new stake in shares of Exxon Mobil during the first quarter worth approximately $29,000. Elequin Capital LP acquired a new stake in shares of Exxon Mobil during the first quarter worth approximately $31,000. Capital A Wealth Management LLC acquired a new stake in shares of Exxon Mobil during the fourth quarter worth approximately $32,000. Finally, Clal Insurance Enterprises Holdings Ltd boosted its holdings in shares of Exxon Mobil by 396.7% during the first quarter. Clal Insurance Enterprises Holdings Ltd now owns 298 shares of the oil and gas company's stock worth $35,000 after purchasing an additional 238 shares during the period. 61.80% of the stock is owned by hedge funds and other institutional investors.

Exxon Mobil Trading Up 0.4%

NYSE:XOM opened at $108.9850 on Friday. Exxon Mobil Corporation has a 12 month low of $97.80 and a 12 month high of $126.34. The firm has a market cap of $464.63 billion, a price-to-earnings ratio of 15.48, a P/E/G ratio of 2.03 and a beta of 0.53. The company has a quick ratio of 0.88, a current ratio of 1.25 and a debt-to-equity ratio of 0.12. The company's 50 day moving average is $110.26 and its 200-day moving average is $108.88.

Exxon Mobil (NYSE:XOM - Get Free Report) last released its quarterly earnings results on Friday, August 1st. The oil and gas company reported $1.64 EPS for the quarter, beating analysts' consensus estimates 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 for the quarter, compared to analyst estimates of $79.07 billion. During the same quarter last year, the firm posted $2.14 earnings per share. The company's quarterly revenue was down 12.4% compared to the same quarter last year. Equities analysts anticipate that Exxon Mobil Corporation will post 7.43 EPS for the current year.

Exxon Mobil Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, September 10th. Investors of record on Friday, August 15th will be paid a dividend of $0.99 per share. This represents a $3.96 annualized dividend and a yield of 3.6%. The ex-dividend date is Friday, August 15th. Exxon Mobil's dividend payout ratio is presently 56.25%.

Analyst Upgrades and Downgrades

Several analysts recently commented on XOM shares. Wells Fargo & Company set a $127.00 price target on shares of Exxon Mobil and gave the stock an "overweight" rating in a report on Thursday, June 26th. Morgan Stanley raised their price target on shares of Exxon Mobil from $134.00 to $135.00 and gave the stock an "overweight" rating in a report on Monday, August 4th. Barclays restated a "hold" rating on shares of Exxon Mobil in a report on Thursday, May 22nd. Melius Research began coverage on shares of Exxon Mobil in a report on Wednesday. They set a "hold" rating and a $111.00 price target for the company. Finally, Melius began coverage on shares of Exxon Mobil in a research note on Wednesday. They issued a "hold" rating and a $111.00 target price for the company. One research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating, eleven have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the company has an average rating of "Hold" and an average price target of $125.00.

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.