Exxon Mobil Corporation (NYSE:XOM) Shares Acquired by LaFleur & Godfrey LLC

LaFleur & Godfrey LLC lifted its stake in Exxon Mobil Corporation (NYSE:XOM - Free Report) by 6.4% during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 99,411 shares of the oil and gas company's stock after purchasing an additional 5,953 shares during the quarter. Exxon Mobil comprises approximately 1.6% of LaFleur & Godfrey LLC's holdings, making the stock its 23rd largest position. LaFleur & Godfrey LLC's holdings in Exxon Mobil were worth $11,823,000 as of its most recent SEC filing.

A number of other hedge funds have also recently made changes to their positions in XOM. Altus Wealth Group LLC grew its stake in Exxon Mobil by 0.9% during the 4th quarter. Altus Wealth Group LLC now owns 10,130 shares of the oil and gas company's stock valued at $1,090,000 after acquiring an additional 94 shares in the last quarter. Harvest Fund Management Co. Ltd grew its stake in Exxon Mobil by 11.4% during the 4th quarter. Harvest Fund Management Co. Ltd now owns 918 shares of the oil and gas company's stock valued at $99,000 after acquiring an additional 94 shares in the last quarter. WPWealth LLP grew its stake in Exxon Mobil by 1.1% during the 4th quarter. WPWealth LLP now owns 9,201 shares of the oil and gas company's stock valued at $990,000 after acquiring an additional 96 shares in the last quarter. Centurion Wealth Management LLC grew its stake in Exxon Mobil by 1.1% during the 4th quarter. Centurion Wealth Management LLC now owns 8,777 shares of the oil and gas company's stock valued at $944,000 after acquiring an additional 97 shares in the last quarter. Finally, Transcendent Capital Group LLC grew its stake in Exxon Mobil by 2.0% during the 4th quarter. Transcendent Capital Group LLC now owns 5,132 shares of the oil and gas company's stock valued at $552,000 after acquiring an additional 100 shares in the last quarter. 61.80% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several analysts recently issued reports on the stock. UBS Group dropped 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. Barclays reaffirmed a "hold" rating on shares of Exxon Mobil in a research note on Thursday, May 22nd. Mizuho dropped 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 note on Tuesday, May 13th. Wall Street Zen raised shares of Exxon Mobil from a "sell" rating to a "hold" rating in a research note on Friday. Finally, Royal Bank Of Canada reissued a "sector perform" rating on shares of Exxon Mobil in a research note on Thursday, May 22nd. One 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's stock. According to MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $125.10.

Exxon Mobil Trading Down 0.5%

Shares of NYSE:XOM traded down $0.59 during mid-day trading on Friday, reaching $109.40. 21,995,457 shares of the company were exchanged, compared to its average volume of 15,722,717. 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 $471.49 billion, a price-to-earnings ratio of 14.51, a P/E/G ratio of 2.12 and a beta of 0.49. The firm's 50-day simple moving average is $107.04 and its 200 day simple moving average is $108.45. Exxon Mobil Corporation has a 1 year low of $97.80 and a 1 year high of $126.34.

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

Exxon Mobil Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, June 10th. Shareholders of record on Thursday, May 15th were issued a dividend of $0.99 per share. The ex-dividend date of this dividend was Thursday, May 15th. This represents a $3.96 dividend on an annualized basis and a yield of 3.62%. Exxon Mobil's dividend payout ratio (DPR) is presently 52.52%.

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.