Exxon Mobil Corporation (NYSE:XOM) Shares Acquired by Greenleaf Trust

Greenleaf Trust lifted its stake in Exxon Mobil Corporation (NYSE:XOM - Free Report) by 5.9% during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 119,183 shares of the oil and gas company's stock after purchasing an additional 6,605 shares during the period. Greenleaf Trust's holdings in Exxon Mobil were worth $14,174,000 at the end of the most recent quarter.

Other hedge funds have also recently made changes to their positions in the company. 10Elms LLP purchased a new stake in Exxon Mobil in the fourth quarter worth about $25,000. Capital A Wealth Management LLC purchased a new stake in Exxon Mobil in the fourth quarter worth about $32,000. Cloud Capital Management LLC purchased a new stake in Exxon Mobil in the first quarter worth about $45,000. Clarity Asset Management Inc. lifted its stake in Exxon Mobil by 29.7% in the fourth quarter. Clarity Asset Management Inc. now owns 437 shares of the oil and gas company's stock worth $47,000 after acquiring an additional 100 shares during the period. Finally, ZynergyRetirementPlanningLLC lifted its stake in Exxon Mobil by 29.2% in the first quarter. ZynergyRetirementPlanningLLC now owns 443 shares of the oil and gas company's stock worth $53,000 after acquiring an additional 100 shares during the period. 61.80% of the stock is currently owned by institutional investors.

Exxon Mobil Stock Performance

NYSE:XOM traded up $0.47 during midday trading on Friday, hitting $115.40. The company's stock had a trading volume of 11,683,034 shares, compared to its average volume of 15,814,693. Exxon Mobil Corporation has a fifty-two week low of $97.80 and a fifty-two week high of $126.34. The firm's 50 day moving average is $108.01 and its 200-day moving average is $108.79. The company has a debt-to-equity ratio of 0.12, a current ratio of 1.24 and a quick ratio of 0.90. The firm has a market cap of $497.33 billion, a P/E ratio of 15.31, a P/E/G ratio of 2.22 and a beta of 0.50.

Exxon Mobil (NYSE:XOM - Get Free Report) last issued its quarterly earnings results on Friday, May 2nd. The oil and gas company reported $1.76 earnings per share for the quarter, topping the consensus estimate of $1.73 by $0.03. Exxon Mobil had a net margin of 9.49% and a return on equity of 12.06%. The company had revenue of $83.13 billion for the quarter, compared to the consensus estimate of $86.11 billion. During the same quarter in the prior year, the company earned $2.06 EPS. Exxon Mobil's quarterly revenue was up .1% on a year-over-year basis. Equities analysts anticipate that Exxon Mobil Corporation will post 7.43 earnings per share for the current fiscal year.

Exxon Mobil Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, June 10th. Investors of record on Thursday, May 15th were issued a $0.99 dividend. The ex-dividend date of this dividend was Thursday, May 15th. This represents a $3.96 annualized dividend and a yield of 3.43%. Exxon Mobil's dividend payout ratio (DPR) is presently 52.52%.

Analysts Set New Price Targets

A number of analysts recently weighed in on XOM shares. UBS Group lowered their price objective on shares of Exxon Mobil from $135.00 to $131.00 and set a "buy" rating for the company in a research note on Monday, April 14th. Wells Fargo & Company set a $127.00 price target on shares of Exxon Mobil and gave the company an "overweight" rating in a research report on Thursday, June 26th. Mizuho decreased their price target on shares of Exxon Mobil from $129.00 to $124.00 and set a "neutral" rating for the company in a research report on Tuesday, May 13th. Morgan Stanley decreased their price target 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, 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 sell rating, ten have assigned a hold rating, ten have given a buy rating and two have given a strong buy rating to the company's stock. According to MarketBeat.com, Exxon Mobil presently has an average 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.