TFR Capital LLC. Acquires 4,601 Shares of Exxon Mobil Corporation (NYSE:XOM)

TFR Capital LLC. grew its holdings in Exxon Mobil Corporation (NYSE:XOM - Free Report) by 59.7% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 12,313 shares of the oil and gas company's stock after acquiring an additional 4,601 shares during the period. TFR Capital LLC.'s holdings in Exxon Mobil were worth $1,464,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. 10Elms LLP purchased a new position in Exxon Mobil during the fourth quarter valued at $25,000. Capital A Wealth Management LLC purchased a new position in shares of Exxon Mobil in the 4th quarter worth $32,000. Cloud Capital Management LLC purchased a new position in shares of Exxon Mobil during the first quarter valued at approximately $45,000. Clarity Asset Management Inc. boosted its position in shares of 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 valued at $47,000 after buying an additional 100 shares during the period. Finally, Banque de Luxembourg S.A. bought a new stake in Exxon Mobil during the 4th quarter valued at about $51,000. 61.80% of the stock is currently owned by institutional investors.

Exxon Mobil Stock Up 0.4%

Shares of Exxon Mobil stock opened at $115.40 on Monday. Exxon Mobil Corporation has a 52-week low of $97.80 and a 52-week high of $126.34. The company has a 50 day moving average of $108.01 and a 200 day moving average of $108.81. The company has a quick ratio of 0.90, a current ratio of 1.24 and a debt-to-equity ratio of 0.12. The company has a market capitalization of $497.33 billion, a P/E ratio of 15.31, a P/E/G ratio of 2.21 and a beta of 0.50.

Exxon Mobil (NYSE:XOM - Get Free Report) last issued its quarterly earnings data on Friday, May 2nd. The oil and gas company reported $1.76 earnings per share for the quarter, topping 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 the consensus estimate of $86.11 billion. During the same quarter in the previous year, the firm earned $2.06 EPS. The company's revenue was up .1% compared to the same quarter last year. As a group, research analysts forecast that Exxon Mobil Corporation will post 7.43 EPS for the current fiscal year.

Exxon Mobil Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, June 10th. Shareholders of record on Thursday, May 15th were paid a $0.99 dividend. The ex-dividend date was Thursday, May 15th. This represents a $3.96 annualized dividend and a yield of 3.43%. Exxon Mobil's dividend payout ratio is currently 52.52%.

Analyst Ratings Changes

Several research firms have recently commented on XOM. Royal Bank Of Canada restated a "sector perform" rating on shares of Exxon Mobil in a report on Thursday, May 22nd. Barclays reiterated a "hold" rating on shares of Exxon Mobil in a research note on Thursday, May 22nd. 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 report on Thursday, March 27th. Wells Fargo & Company set a $127.00 price objective on shares of Exxon Mobil and gave the company an "overweight" rating in a report on Thursday, June 26th. Finally, Piper Sandler lifted their target price on shares of Exxon Mobil from $131.00 to $134.00 and gave the stock an "overweight" rating in a research note on Tuesday, July 8th. One investment analyst has rated the stock with a sell rating, ten have assigned a hold rating, ten have given a buy rating and two have given a strong buy rating to the stock. Based on data from MarketBeat.com, Exxon Mobil has a consensus rating of "Moderate Buy" and an average target price of $126.05.

About Exxon Mobil

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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