Exxon Mobil Corporation (NYSE:XOM) Stock Holdings Lifted by Mutual Advisors LLC

Mutual Advisors LLC raised its holdings in Exxon Mobil Corporation (NYSE:XOM - Free Report) by 4.2% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 103,917 shares of the oil and gas company's stock after purchasing an additional 4,203 shares during the period. Mutual Advisors LLC's holdings in Exxon Mobil were worth $11,282,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently modified their holdings of the company. 10Elms LLP acquired a new position in shares of Exxon Mobil in the fourth quarter valued at approximately $25,000. Fairway Wealth LLC purchased a new position in Exxon Mobil during the fourth quarter worth approximately $31,000. Capital A Wealth Management LLC purchased a new position in Exxon Mobil during the fourth quarter worth approximately $32,000. Clarity Asset Management Inc. raised its stake in Exxon Mobil by 29.7% during the fourth 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 during the period. Finally, ZynergyRetirementPlanningLLC raised its stake in Exxon Mobil by 29.2% during the first quarter. ZynergyRetirementPlanningLLC now owns 443 shares of the oil and gas company's stock worth $53,000 after purchasing an additional 100 shares during the period. Hedge funds and other institutional investors own 61.80% of the company's stock.

Exxon Mobil Stock Up 2.8%

XOM traded up $3.08 during trading hours on Tuesday, reaching $114.19. 17,907,967 shares of the stock traded hands, compared to its average volume of 15,788,490. The firm's fifty day simple moving average is $107.37 and its two-hundred day simple moving average is $108.58. The company has a market cap of $492.12 billion, a price-to-earnings ratio of 15.14, a PEG ratio of 2.14 and a beta of 0.50. Exxon Mobil Corporation has a fifty-two week low of $97.80 and a fifty-two week 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.

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 EPS for the quarter, beating analysts' consensus estimates of $1.73 by $0.03. Exxon Mobil had a net margin of 9.49% and a return on equity of 12.06%. The firm had revenue of $83.13 billion for the quarter, compared to the consensus estimate of $86.11 billion. During the same period in the prior year, the firm posted $2.06 EPS. The firm's revenue was up .1% compared to the same quarter last year. As a group, analysts forecast that Exxon Mobil Corporation will post 7.43 earnings per share for the current fiscal year.

Exxon Mobil Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, June 10th. Shareholders of record on Thursday, May 15th were paid a dividend of $0.99 per share. The ex-dividend date was Thursday, May 15th. This represents a $3.96 dividend on an annualized basis and a yield of 3.47%. Exxon Mobil's dividend payout ratio (DPR) is 52.52%.

Analyst Upgrades and Downgrades

A number of equities analysts have weighed in on XOM shares. Scotiabank cut 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. Mizuho cut their price target on shares of Exxon Mobil from $129.00 to $124.00 and set a "neutral" rating on the stock in a research note on Tuesday, May 13th. Barclays reaffirmed a "hold" rating on shares of Exxon Mobil in a research note on Thursday, May 22nd. UBS Group cut 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, Piper Sandler increased their price target on shares of Exxon Mobil from $131.00 to $134.00 and gave the stock an "overweight" rating in a research note on Tuesday. 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 assigned a strong buy rating to the company's stock. According to data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average price target of $125.55.

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.