Fidelis Capital Partners LLC Increases Stock Position in Exxon Mobil Corporation (NYSE:XOM)

Fidelis Capital Partners LLC grew its holdings in Exxon Mobil Corporation (NYSE:XOM - Free Report) by 5.4% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 90,481 shares of the oil and gas company's stock after acquiring an additional 4,635 shares during the period. Exxon Mobil comprises 1.0% of Fidelis Capital Partners LLC's holdings, making the stock its 20th biggest position. Fidelis Capital Partners LLC's holdings in Exxon Mobil were worth $9,823,000 as of its most recent SEC filing.

Other large investors have also made changes to their positions in the company. Seamount Financial Group Inc. lifted its stake in shares of Exxon Mobil by 6.8% in the 1st quarter. Seamount Financial Group Inc. now owns 8,450 shares of the oil and gas company's stock valued at $1,005,000 after purchasing an additional 541 shares during the period. Burford Brothers Inc. lifted its stake in shares of Exxon Mobil by 2.6% in the 1st quarter. Burford Brothers Inc. now owns 41,722 shares of the oil and gas company's stock valued at $4,962,000 after purchasing an additional 1,049 shares during the period. MJP Associates Inc. ADV lifted its stake in shares of Exxon Mobil by 16.4% in the 1st quarter. MJP Associates Inc. ADV now owns 10,795 shares of the oil and gas company's stock valued at $1,284,000 after purchasing an additional 1,521 shares during the period. Bernardo Wealth Planning LLC lifted its stake in shares of Exxon Mobil by 6.3% in the 1st quarter. Bernardo Wealth Planning LLC now owns 5,681 shares of the oil and gas company's stock valued at $676,000 after purchasing an additional 335 shares during the period. Finally, Phillips Financial Management LLC lifted its stake in shares of Exxon Mobil by 6.5% in the 1st quarter. Phillips Financial Management LLC now owns 2,495 shares of the oil and gas company's stock valued at $297,000 after purchasing an additional 153 shares during the period. 61.80% of the stock is owned by hedge funds and other institutional investors.

Exxon Mobil Trading Up 0.4%

Shares of XOM traded up $0.47 during mid-day trading 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. The company has a debt-to-equity ratio of 0.12, a current ratio of 1.24 and a quick ratio of 0.90. Exxon Mobil Corporation has a 52-week low of $97.80 and a 52-week high of $126.34. The business's fifty day moving average is $108.01 and its 200 day moving average is $108.79. The firm has a market cap of $497.33 billion, a price-to-earnings ratio of 15.31, a P/E/G ratio of 2.21 and a beta of 0.50.

Exxon Mobil (NYSE:XOM - Get Free Report) last announced its quarterly earnings data on Friday, May 2nd. The oil and gas company reported $1.76 earnings per share (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 during the quarter, compared to analyst estimates of $86.11 billion. During the same quarter in the prior year, the firm posted $2.06 earnings per share. Exxon Mobil's quarterly revenue was up .1% on a year-over-year basis. On average, sell-side analysts predict that Exxon Mobil Corporation will post 7.43 EPS for the current fiscal year.

Exxon Mobil Dividend Announcement

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

Analyst Ratings Changes

Several equities analysts recently issued reports on XOM shares. Wall Street Zen upgraded shares of Exxon Mobil from a "sell" rating to a "hold" rating in a research note on Friday, June 27th. Barclays restated a "hold" rating on shares of Exxon Mobil in a research report on Thursday, May 22nd. Scotiabank upped their price objective on shares of Exxon Mobil from $115.00 to $125.00 and gave the stock a "sector outperform" rating in a research report on Friday. Morgan Stanley reduced 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 report on Thursday, March 27th. Finally, TD Cowen upped their price objective on shares of Exxon Mobil from $120.00 to $128.00 and gave the stock a "buy" rating in a research report on Monday, June 23rd. One equities research analyst has rated the stock with a sell rating, ten have assigned a hold rating, ten have assigned a buy rating and two have given a strong buy rating to the stock. According to MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average price target of $126.05.

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.