U.S. Capital Wealth Advisors LLC Purchases 10,720 Shares of Exxon Mobil Corporation (NYSE:XOM)

U.S. Capital Wealth Advisors LLC lifted its position in Exxon Mobil Corporation (NYSE:XOM - Free Report) by 3.7% during the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 297,610 shares of the oil and gas company's stock after buying an additional 10,720 shares during the period. Exxon Mobil comprises 1.1% of U.S. Capital Wealth Advisors LLC's portfolio, making the stock its 11th largest holding. U.S. Capital Wealth Advisors LLC's holdings in Exxon Mobil were worth $35,395,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the company. Proficio Capital Partners LLC lifted its position in Exxon Mobil by 35.3% during the fourth quarter. Proficio Capital Partners LLC now owns 18,252 shares of the oil and gas company's stock valued at $1,963,000 after purchasing an additional 4,760 shares during the period. Edgestream Partners L.P. purchased a new stake in Exxon Mobil during the fourth quarter valued at approximately $863,000. Tortoise Investment Management LLC increased its holdings in Exxon Mobil by 2.8% during the fourth quarter. Tortoise Investment Management LLC now owns 4,214 shares of the oil and gas company's stock valued at $453,000 after buying an additional 115 shares during the last quarter. Claris Advisors LLC MO increased its holdings in Exxon Mobil by 44.2% during the fourth quarter. Claris Advisors LLC MO now owns 6,384 shares of the oil and gas company's stock valued at $687,000 after buying an additional 1,958 shares during the last quarter. Finally, Davis R M Inc. increased its holdings in Exxon Mobil by 4.9% during the fourth quarter. Davis R M Inc. now owns 421,722 shares of the oil and gas company's stock valued at $45,365,000 after buying an additional 19,607 shares during the last quarter. Institutional investors own 61.80% of the company's stock.

Exxon Mobil Trading Up 2.8%

Shares of XOM opened at $114.19 on Wednesday. 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 firm has a market capitalization of $492.12 billion, a price-to-earnings ratio of 15.14, a PEG ratio of 2.14 and a beta of 0.50. The company has a 50-day moving average of $107.48 and a 200 day moving average of $108.62. Exxon Mobil Corporation has a 1-year low of $97.80 and a 1-year high of $126.34.

Exxon Mobil (NYSE:XOM - Get Free Report) last posted its earnings results on Friday, May 2nd. The oil and gas company reported $1.76 EPS for the quarter, beating analysts' consensus estimates of $1.73 by $0.03. The business had revenue of $83.13 billion for the quarter, compared to the consensus estimate of $86.11 billion. Exxon Mobil had a net margin of 9.49% and a return on equity of 12.06%. The company's revenue for the quarter was up .1% on a year-over-year basis. During the same quarter last year, the firm posted $2.06 EPS. On average, research analysts expect that Exxon Mobil Corporation will post 7.43 EPS for the current year.

Exxon Mobil Announces Dividend

The firm 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. This represents a $3.96 dividend on an annualized basis and a yield of 3.47%. The ex-dividend date of this dividend was Thursday, May 15th. Exxon Mobil's dividend payout ratio (DPR) is 52.52%.

Analyst Ratings Changes

A number of brokerages have commented on XOM. Piper Sandler upped their target price on shares of Exxon Mobil from $131.00 to $134.00 and gave the company an "overweight" rating in a report on Tuesday. Barclays reaffirmed a "hold" rating on shares of Exxon Mobil in a research note on Thursday, May 22nd. Wall Street Zen raised shares of Exxon Mobil from a "sell" rating to a "hold" rating in a research note on Friday, June 27th. TD Cowen increased their price objective on shares of Exxon Mobil from $120.00 to $128.00 and gave the company a "buy" rating in a research report on Monday, June 23rd. Finally, UBS Group lowered their price objective on shares of Exxon Mobil from $135.00 to $131.00 and set a "buy" rating for the company in a research report on Monday, April 14th. One analyst has rated the stock with a sell rating, ten have issued a hold rating, ten have issued a buy rating and two have issued a strong buy rating to the company. According to MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $125.55.

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.

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