Quilter Plc Purchases 51,970 Shares of Exxon Mobil Corporation (NYSE:XOM)

Quilter Plc lifted its position in shares of Exxon Mobil Corporation (NYSE:XOM - Free Report) by 9.3% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 611,933 shares of the oil and gas company's stock after purchasing an additional 51,970 shares during the period. Exxon Mobil accounts for about 1.5% of Quilter Plc's holdings, making the stock its 24th biggest position. Quilter Plc's holdings in Exxon Mobil were worth $72,777,000 at the end of the most recent reporting period.

A number of other large investors also recently made changes to their positions in XOM. 10Elms LLP purchased a new stake in Exxon Mobil during the fourth quarter worth about $25,000. Fairway Wealth LLC purchased a new stake in Exxon Mobil during the fourth quarter worth about $31,000. Capital A Wealth Management LLC purchased a new stake in Exxon Mobil during the fourth quarter worth about $32,000. Synergy Investment Management LLC purchased a new stake in Exxon Mobil during the fourth quarter worth about $47,000. Finally, Clarity Asset Management Inc. increased its holdings 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 buying an additional 100 shares during the last quarter. 61.80% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

XOM has been the subject of a number of research analyst reports. Royal Bank Of Canada restated a "sector perform" rating on shares of Exxon Mobil in a report on Thursday, May 22nd. Wall Street Zen upgraded shares of Exxon Mobil from a "sell" rating to a "hold" rating in a research note on Friday. Mizuho reduced their target price 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. Wells Fargo & Company set a $127.00 target price on shares of Exxon Mobil and gave the stock an "overweight" rating in a research note on Thursday. Finally, UBS Group reduced their target price 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. One investment analyst has rated the stock with a sell rating, eleven have given a hold rating, nine have assigned a buy rating and two have assigned a strong buy rating to the stock. According to MarketBeat, Exxon Mobil has an average rating of "Moderate Buy" and a consensus target price of $125.10.

Exxon Mobil Trading Down 0.5%

Shares of Exxon Mobil stock opened at $109.40 on Friday. Exxon Mobil Corporation has a 1 year low of $97.80 and a 1 year high of $126.34. The firm has a market cap of $471.49 billion, a PE ratio of 14.51, a PEG ratio of 2.12 and a beta of 0.49. 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 company has a 50 day simple moving average of $107.04 and a two-hundred day simple moving average of $108.48.

Exxon Mobil (NYSE:XOM - Get Free Report) last announced its earnings results on Friday, May 2nd. The oil and gas company reported $1.76 earnings per share (EPS) for the quarter, beating 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 business had revenue of $83.13 billion during the quarter, compared to analyst estimates of $86.11 billion. During the same period in the previous year, the business posted $2.06 earnings per share. Exxon Mobil's revenue for the quarter was up .1% on a year-over-year basis. Analysts expect that Exxon Mobil Corporation will post 7.43 earnings per share for the current fiscal year.

Exxon Mobil Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, June 10th. Shareholders of record on Thursday, May 15th were given a dividend of $0.99 per share. The ex-dividend date was Thursday, May 15th. This represents a $3.96 annualized dividend and a yield of 3.62%. Exxon Mobil's 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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