Exxon Mobil Co. (NYSE:XOM) Shares Bought by Generali Investments Management Co LLC

Generali Investments Management Co LLC increased its holdings in Exxon Mobil Co. (NYSE:XOM - Free Report) by 44.5% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 44,734 shares of the oil and gas company's stock after buying an additional 13,786 shares during the quarter. Exxon Mobil comprises approximately 1.5% of Generali Investments Management Co LLC's investment portfolio, making the stock its 13th largest holding. Generali Investments Management Co LLC's holdings in Exxon Mobil were worth $5,320,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of XOM. 10Elms LLP acquired a new stake in shares of Exxon Mobil during the 4th quarter worth approximately $25,000. Fairway Wealth LLC acquired a new stake in shares of Exxon Mobil during the 4th quarter worth approximately $31,000. Capital A Wealth Management LLC acquired a new stake in Exxon Mobil in the 4th quarter valued at $32,000. Keystone Financial Group Inc. acquired a new stake in Exxon Mobil in the 4th quarter valued at $36,000. Finally, Compass Planning Associates Inc acquired a new stake in Exxon Mobil in the 4th quarter valued at $47,000. Institutional investors and hedge funds own 61.80% of the company's stock.

Analysts Set New Price Targets

A number of equities research analysts recently issued reports on XOM shares. Royal Bank of Canada reissued a "sector perform" rating on shares of Exxon Mobil in a research note on Thursday, May 22nd. Scotiabank dropped their price target on shares of Exxon Mobil from $140.00 to $115.00 and set a "sector outperform" rating on the stock in a research note on Friday, April 11th. Morgan Stanley dropped their price target on shares of Exxon Mobil from $141.00 to $138.00 and set an "overweight" rating on the stock in a research note on Thursday, March 27th. UBS Group dropped their price target on shares of Exxon Mobil from $135.00 to $131.00 and set a "buy" rating on the stock in a research note on Monday, April 14th. Finally, Barclays restated 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 issued a hold rating, nine have issued a buy rating and two have assigned a strong buy rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $125.50.

Exxon Mobil Trading Up 2.4%

NYSE:XOM traded up $2.46 on Friday, reaching $104.29. The company's stock had a trading volume of 15,465,774 shares, compared to its average volume of 15,544,516. Exxon Mobil Co. has a 12-month low of $97.80 and a 12-month high of $126.34. The company has a quick ratio of 0.97, a current ratio of 1.31 and a debt-to-equity ratio of 0.14. The firm has a market cap of $449.45 billion, a price-to-earnings ratio of 13.30, a price-to-earnings-growth ratio of 3.02 and a beta of 0.51. The stock has a 50 day moving average price of $105.71 and a 200 day moving average price of $109.29.

Exxon Mobil (NYSE:XOM - Get Free Report) last issued its quarterly earnings data on Friday, May 2nd. The oil and gas company reported $1.76 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.73 by $0.03. The firm had revenue of $83.13 billion for the quarter, compared to analyst estimates of $86.11 billion. Exxon Mobil had a net margin of 9.63% and a return on equity of 12.92%. Exxon Mobil's revenue was up .1% on a year-over-year basis. During the same period in the previous year, the firm earned $2.06 EPS. On average, equities analysts anticipate that Exxon Mobil Co. will post 7.43 EPS for the current fiscal year.

Exxon Mobil Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 10th. Investors of record on Thursday, May 15th will be issued a $0.99 dividend. The ex-dividend date of this dividend is Thursday, May 15th. This represents a $3.96 annualized dividend and a yield of 3.80%. Exxon Mobil's dividend payout ratio (DPR) 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.