Strategic Blueprint LLC Increases Stake in Exxon Mobil Corporation (NYSE:XOM)

Strategic Blueprint LLC boosted its position in Exxon Mobil Corporation (NYSE:XOM - Free Report) by 4.2% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 87,135 shares of the oil and gas company's stock after acquiring an additional 3,515 shares during the quarter. Strategic Blueprint LLC's holdings in Exxon Mobil were worth $10,363,000 at the end of the most recent reporting period.

A number of other hedge funds have also added to or reduced their stakes in XOM. Axis Wealth Partners LLC increased its position in shares of Exxon Mobil by 1.9% during the first quarter. Axis Wealth Partners LLC now owns 4,966 shares of the oil and gas company's stock worth $591,000 after acquiring an additional 93 shares in the last quarter. Altus Wealth Group LLC grew its position in Exxon Mobil by 0.9% in the 4th quarter. Altus Wealth Group LLC now owns 10,130 shares of the oil and gas company's stock worth $1,090,000 after purchasing an additional 94 shares in the last quarter. Harvest Fund Management Co. Ltd grew its position in Exxon Mobil by 11.4% in the 4th quarter. Harvest Fund Management Co. Ltd now owns 918 shares of the oil and gas company's stock worth $99,000 after purchasing an additional 94 shares in the last quarter. WPWealth LLP grew its position in Exxon Mobil by 1.1% in the 4th quarter. WPWealth LLP now owns 9,201 shares of the oil and gas company's stock worth $990,000 after purchasing an additional 96 shares in the last quarter. Finally, Centurion Wealth Management LLC grew its position in Exxon Mobil by 1.1% in the 4th quarter. Centurion Wealth Management LLC now owns 8,777 shares of the oil and gas company's stock worth $944,000 after purchasing an additional 97 shares in the last quarter. 61.80% of the stock is owned by institutional investors.

Analyst Ratings Changes

XOM has been the subject of a number of recent analyst reports. Barclays reaffirmed a "hold" rating on shares of Exxon Mobil in a research report on Thursday, May 22nd. Royal Bank Of Canada reaffirmed a "sector perform" rating on shares of Exxon Mobil in a research report on Thursday, May 22nd. Piper Sandler raised shares of Exxon Mobil from a "hold" rating to a "strong-buy" rating and upped their price objective for the stock from $125.00 to $131.00 in a research report on Wednesday, July 2nd. Morgan Stanley dropped their price target on shares of Exxon Mobil from $141.00 to $138.00 and set an "overweight" rating on the stock in a research note on Thursday, March 27th. Finally, Mizuho cut their price objective on shares of Exxon Mobil from $129.00 to $124.00 and set a "neutral" rating for the company in a report on Tuesday, May 13th. One analyst has rated the stock with a sell rating, ten have issued a hold rating, nine have issued a buy rating and three have given a strong buy rating to the company's stock. According to MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $125.40.

Exxon Mobil Trading Down 1.0%

NYSE:XOM traded down $1.07 during trading hours on Monday, reaching $111.13. The company's stock had a trading volume of 15,410,459 shares, compared to its average volume of 15,770,204. The firm has a market capitalization of $478.93 billion, a price-to-earnings ratio of 14.74, a PEG ratio of 2.16 and a beta of 0.50. The firm has a 50-day simple moving average of $107.32 and a 200-day simple moving average of $108.54. 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 quick ratio of 0.90 and a current ratio of 1.24.

Exxon Mobil (NYSE:XOM - Get Free Report) last issued its earnings results on Friday, May 2nd. The oil and gas company reported $1.76 EPS for the quarter, topping 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 company had revenue of $83.13 billion for the quarter, compared to analysts' expectations of $86.11 billion. During the same quarter last year, the company earned $2.06 EPS. The firm's revenue was up .1% compared to the same quarter last year. Research analysts expect that Exxon Mobil Corporation will post 7.43 EPS for the current fiscal year.

Exxon Mobil Announces Dividend

The company also recently disclosed 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 dividend on an annualized basis and a dividend yield of 3.56%. The ex-dividend date of this dividend was Thursday, May 15th. Exxon Mobil's payout ratio is 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.