Financiere des Professionnels Fonds d investissement inc. Acquires 9,046 Shares of Exxon Mobil Corporation (NYSE:XOM)

Financiere des Professionnels Fonds d investissement inc. lifted its position in shares of Exxon Mobil Corporation (NYSE:XOM - Free Report) by 14.5% in the 1st quarter, according to its most recent 13F filing with the SEC. The firm owned 71,470 shares of the oil and gas company's stock after acquiring an additional 9,046 shares during the quarter. Financiere des Professionnels Fonds d investissement inc.'s holdings in Exxon Mobil were worth $8,500,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. 10Elms LLP purchased a new stake in Exxon Mobil during the 4th quarter worth about $25,000. Fairway Wealth LLC purchased a new stake in Exxon Mobil during the 4th quarter worth about $31,000. Capital A Wealth Management LLC purchased a new stake in Exxon Mobil during the 4th quarter worth about $32,000. Cloud Capital Management LLC purchased a new stake in Exxon Mobil during the 1st quarter worth about $45,000. Finally, Clarity Asset Management Inc. lifted 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 worth $47,000 after purchasing an additional 100 shares in the last quarter. Institutional investors own 61.80% of the company's stock.

Wall Street Analyst Weigh In

A number of analysts recently issued reports on XOM shares. Royal Bank Of Canada reissued a "sector perform" rating on shares of Exxon Mobil in a report on Thursday, May 22nd. Wells Fargo & Company set a $127.00 price target on Exxon Mobil and gave the company an "overweight" rating in a report on Thursday, June 26th. Morgan Stanley lowered their price target on Exxon Mobil from $141.00 to $138.00 and set an "overweight" rating on the stock in a report on Thursday, March 27th. Scotiabank raised their price target on Exxon Mobil from $115.00 to $125.00 and gave the company a "sector outperform" rating in a report on Friday. Finally, Barclays reaffirmed a "hold" rating on shares of Exxon Mobil in a report on Thursday, May 22nd. One investment analyst has rated the stock with a sell rating, ten have assigned a hold rating, ten have issued a buy rating and two have given a strong buy rating to the stock. According to MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus price target of $126.05.

Exxon Mobil Trading Up 0.4%

XOM traded up $0.47 on Friday, hitting $115.40. 11,683,034 shares of the company were exchanged, compared to its average volume of 15,798,174. The firm has a fifty day simple moving average of $107.83 and a two-hundred day simple moving average of $108.72. 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 Corporation has a 12 month low of $97.80 and a 12 month high of $126.34. The stock has a market capitalization of $497.33 billion, a PE ratio of 15.31, a price-to-earnings-growth ratio of 2.21 and a beta of 0.50.

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 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 business had revenue of $83.13 billion for the quarter, compared to analyst estimates of $86.11 billion. During the same period last year, the company earned $2.06 EPS. Exxon Mobil's revenue for the quarter was up .1% compared to the same quarter last year. Sell-side analysts expect that Exxon Mobil Corporation will post 7.43 earnings per share for the current year.

Exxon Mobil Announces Dividend

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

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.