OneDigital Investment Advisors LLC reduced its position in Exxon Mobil Corporation (NYSE:XOM - Free Report) by 6.2% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 130,012 shares of the oil and gas company's stock after selling 8,545 shares during the quarter. OneDigital Investment Advisors LLC's holdings in Exxon Mobil were worth $15,462,000 as of its most recent filing with the Securities and Exchange Commission.
Several other large investors have also made changes to their positions in the company. Axis Wealth Partners LLC lifted its holdings in shares of Exxon Mobil by 1.9% in the 1st quarter. Axis Wealth Partners LLC now owns 4,966 shares of the oil and gas company's stock worth $591,000 after purchasing an additional 93 shares during the last quarter. Altus Wealth Group LLC lifted its stake in Exxon Mobil by 0.9% in the fourth quarter. Altus Wealth Group LLC now owns 10,130 shares of the oil and gas company's stock valued at $1,090,000 after buying an additional 94 shares during the last quarter. Harvest Fund Management Co. Ltd lifted its stake in Exxon Mobil by 11.4% in the fourth quarter. Harvest Fund Management Co. Ltd now owns 918 shares of the oil and gas company's stock valued at $99,000 after buying an additional 94 shares during the last quarter. WPWealth LLP lifted its stake in Exxon Mobil by 1.1% in the fourth quarter. WPWealth LLP now owns 9,201 shares of the oil and gas company's stock valued at $990,000 after buying an additional 96 shares during the last quarter. Finally, Centurion Wealth Management LLC lifted its stake in Exxon Mobil by 1.1% in the fourth quarter. Centurion Wealth Management LLC now owns 8,777 shares of the oil and gas company's stock valued at $944,000 after buying an additional 97 shares during the last quarter. 61.80% of the stock is owned by hedge funds and other institutional investors.
Wall Street Analyst Weigh In
A number of equities research analysts have issued reports on XOM shares. Mizuho cut their target price on Exxon Mobil from $129.00 to $124.00 and set a "neutral" rating on the stock in a research note on Tuesday, May 13th. Wall Street Zen raised Exxon Mobil from a "sell" rating to a "hold" rating in a report on Friday, June 27th. Royal Bank Of Canada reissued a "sector perform" rating on shares of Exxon Mobil in a report on Thursday, May 22nd. TD Cowen raised their price target on Exxon Mobil from $120.00 to $128.00 and gave the company a "buy" rating in a report on Monday, June 23rd. Finally, Wells Fargo & Company set a $127.00 price target on Exxon Mobil and gave the company an "overweight" rating in a report on Thursday, June 26th. One analyst has rated the stock with a sell rating, ten have assigned a hold rating, nine have issued a buy rating and three have given a strong buy rating to the stock. Based on data from MarketBeat.com, Exxon Mobil currently has a consensus rating of "Moderate Buy" and an average target price of $125.40.
View Our Latest Report on Exxon Mobil
Exxon Mobil Stock Performance
XOM traded up $1.10 on Friday, hitting $112.15. The company had a trading volume of 11,223,580 shares, compared to its average volume of 15,771,659. The company's fifty day moving average price is $107.32 and its 200 day moving average price is $108.52. Exxon Mobil Corporation has a 1-year low of $97.80 and a 1-year 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 stock has a market cap of $483.33 billion, a price-to-earnings ratio of 14.87, a price-to-earnings-growth ratio of 2.16 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 EPS for the quarter, topping the consensus estimate of $1.73 by $0.03. The company had revenue of $83.13 billion for the quarter, compared to the consensus estimate of $86.11 billion. Exxon Mobil had a return on equity of 12.06% and a net margin of 9.49%. The company's revenue for the quarter was up .1% on a year-over-year basis. During the same period in the previous year, the business posted $2.06 EPS. Equities analysts predict that Exxon Mobil Corporation will post 7.43 earnings per share for the current fiscal year.
Exxon Mobil Dividend Announcement
The firm also recently declared a quarterly dividend, which was paid on Tuesday, June 10th. Shareholders of record on Thursday, May 15th were given a $0.99 dividend. This represents a $3.96 annualized dividend and a yield of 3.53%. The ex-dividend date of this dividend was Thursday, May 15th. Exxon Mobil's dividend payout ratio is currently 52.52%.
Exxon Mobil Company Profile
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Free Report)
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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