Guerra Advisors Inc Raises Stock Holdings in Exxon Mobil Corporation (NYSE:XOM)

Guerra Advisors Inc boosted its holdings in shares of Exxon Mobil Corporation (NYSE:XOM - Free Report) by 203.3% during the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 15,079 shares of the oil and gas company's stock after purchasing an additional 10,107 shares during the quarter. Guerra Advisors Inc's holdings in Exxon Mobil were worth $1,793,000 at the end of the most recent quarter.

Other institutional investors also recently made changes to their positions in the company. 10Elms LLP bought a new stake in shares of Exxon Mobil in the fourth quarter worth $25,000. Fairway Wealth LLC acquired a new position in Exxon Mobil during the 4th quarter worth $31,000. Capital A Wealth Management LLC bought a new stake in shares of Exxon Mobil in the 4th quarter worth about $32,000. Synergy Investment Management LLC bought a new stake in shares of Exxon Mobil in the 4th quarter worth about $47,000. Finally, Clarity Asset Management Inc. raised its stake in shares of Exxon Mobil by 29.7% in the 4th quarter. Clarity Asset Management Inc. now owns 437 shares of the oil and gas company's stock valued at $47,000 after purchasing an additional 100 shares in the last quarter. 61.80% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of equities analysts recently commented on the company. Barclays reiterated a "hold" rating on shares of Exxon Mobil in a research note on Thursday, May 22nd. Wall Street Zen upgraded Exxon Mobil from a "sell" rating to a "hold" rating in a research report on Friday. Mizuho dropped their price target on Exxon Mobil from $129.00 to $124.00 and set a "neutral" rating on the stock in a research report on Tuesday, May 13th. Wells Fargo & Company set a $127.00 price objective on shares of Exxon Mobil and gave the stock an "overweight" rating in a report on Thursday. Finally, TD Cowen increased their target price on shares of Exxon Mobil from $120.00 to $128.00 and gave the stock a "buy" rating in a report on Monday, June 23rd. One equities research analyst has rated the stock with a sell rating, eleven have assigned a hold rating, nine have issued a buy rating and two have given a strong buy rating to the company. According to data from MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus price target of $125.10.

Exxon Mobil Stock Performance

Shares of XOM stock opened at $107.84 on Tuesday. Exxon Mobil Corporation has a 12-month low of $97.80 and a 12-month high of $126.34. 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 capitalization of $464.75 billion, a price-to-earnings ratio of 14.30, a price-to-earnings-growth ratio of 2.12 and a beta of 0.49. The business has a 50 day simple moving average of $107.08 and a 200 day simple moving average of $108.43.

Exxon Mobil (NYSE:XOM - Get Free Report) last announced its quarterly earnings results on Friday, May 2nd. The oil and gas company reported $1.76 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.73 by $0.03. The company had revenue of $83.13 billion during the quarter, compared to analyst estimates of $86.11 billion. Exxon Mobil had a return on equity of 12.06% and a net margin of 9.49%. The firm's quarterly revenue was up .1% on a year-over-year basis. During the same quarter in the previous year, the firm posted $2.06 EPS. On average, equities research 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 was paid on Tuesday, June 10th. Investors of record on Thursday, May 15th were given a $0.99 dividend. The ex-dividend date was Thursday, May 15th. This represents a $3.96 dividend on an annualized basis and a yield of 3.67%. Exxon Mobil's dividend payout ratio is presently 52.52%.

Exxon Mobil 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.

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