RTD Financial Advisors Inc. Grows Holdings in Exxon Mobil Co. (NYSE:XOM)

RTD Financial Advisors Inc. boosted its stake in shares of Exxon Mobil Co. (NYSE:XOM - Free Report) by 173.5% in the first quarter, according to its most recent disclosure with the SEC. The firm owned 21,079 shares of the oil and gas company's stock after acquiring an additional 13,373 shares during the period. RTD Financial Advisors Inc.'s holdings in Exxon Mobil were worth $2,507,000 at the end of the most recent quarter.

Several other institutional investors have also modified their holdings of the stock. CVA Family Office LLC boosted its position in shares of Exxon Mobil by 6.2% during the 1st quarter. CVA Family Office LLC now owns 15,718 shares of the oil and gas company's stock worth $1,869,000 after purchasing an additional 918 shares during the period. Powers Advisory Group LLC grew its stake in shares of Exxon Mobil by 2.4% during the first quarter. Powers Advisory Group LLC now owns 9,509 shares of the oil and gas company's stock worth $1,131,000 after purchasing an additional 225 shares in the last quarter. Krilogy Financial LLC raised its position in shares of Exxon Mobil by 12.7% during the 1st quarter. Krilogy Financial LLC now owns 22,345 shares of the oil and gas company's stock worth $2,657,000 after acquiring an additional 2,515 shares in the last quarter. West Branch Capital LLC raised its holdings in Exxon Mobil by 13.0% during the first quarter. West Branch Capital LLC now owns 34,717 shares of the oil and gas company's stock worth $4,129,000 after purchasing an additional 3,999 shares in the last quarter. Finally, Defined Wealth Management LLC boosted its holdings in shares of Exxon Mobil by 3.7% in the 1st quarter. Defined Wealth Management LLC now owns 4,252 shares of the oil and gas company's stock valued at $506,000 after buying an additional 153 shares in the last quarter. Institutional investors and hedge funds own 61.80% of the company's stock.

Analyst Ratings Changes

Several brokerages recently commented on XOM. 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 reduced their target price on Exxon Mobil from $129.00 to $124.00 and set a "neutral" rating for the company in a report on Tuesday, May 13th. Morgan Stanley reduced their price objective on Exxon Mobil from $141.00 to $138.00 and set an "overweight" rating for the company in a research note on Thursday, March 27th. UBS Group lowered their target price on shares of Exxon Mobil from $135.00 to $131.00 and set a "buy" rating on the stock in a research report on Monday, April 14th. Finally, Barclays reiterated a "hold" rating on shares of Exxon Mobil in a research report on Thursday, May 22nd. One analyst has rated the stock with a sell rating, ten have assigned a hold rating, nine have given a buy rating and two have issued a strong buy rating to the company's stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $125.50.

Exxon Mobil Stock Performance

Shares of XOM stock traded up $2.33 during trading hours on Friday, reaching $112.06. 28,512,903 shares of the company's stock were exchanged, compared to its average volume of 15,681,765. The company's 50 day moving average is $105.51 and its two-hundred day moving average is $108.78. Exxon Mobil Co. has a 1 year low of $97.80 and a 1 year high of $126.34. The company has a market cap of $482.95 billion, a P/E ratio of 14.29, a price-to-earnings-growth ratio of 3.02 and a beta of 0.49. The company has a debt-to-equity ratio of 0.14, a current ratio of 1.31 and a quick ratio of 0.97.

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, beating analysts' consensus estimates of $1.73 by $0.03. The business had revenue of $83.13 billion during the quarter, compared to the consensus estimate of $86.11 billion. Exxon Mobil had a net margin of 9.63% and a return on equity of 12.92%. The business's revenue was up .1% compared to the same quarter last year. During the same quarter last year, the firm posted $2.06 EPS. Equities research analysts anticipate that Exxon Mobil Co. will post 7.43 EPS for the current fiscal year.

Exxon Mobil Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, June 10th. Stockholders of record on Thursday, May 15th were given a $0.99 dividend. This represents a $3.96 dividend on an annualized basis and a dividend 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

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.