Exxon Mobil Corporation (NYSE:XOM) Shares Bought by Van Strum & Towne Inc.

Van Strum & Towne Inc. boosted its stake in Exxon Mobil Corporation (NYSE:XOM - Free Report) by 6.1% in the first quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 48,594 shares of the oil and gas company's stock after buying an additional 2,792 shares during the quarter. Exxon Mobil makes up 1.9% of Van Strum & Towne Inc.'s investment portfolio, making the stock its 18th largest holding. Van Strum & Towne Inc.'s holdings in Exxon Mobil were worth $5,779,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently bought and sold shares of the company. Axis Wealth Partners LLC grew its stake in shares of Exxon Mobil by 1.9% during the 1st 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 during the period. Harvest Fund Management Co. Ltd grew its stake in shares of Exxon Mobil by 11.4% during the 4th quarter. Harvest Fund Management Co. Ltd now owns 918 shares of the oil and gas company's stock worth $99,000 after acquiring an additional 94 shares during the period. WPWealth LLP grew its stake in shares of Exxon Mobil by 1.1% during the 4th quarter. WPWealth LLP now owns 9,201 shares of the oil and gas company's stock worth $990,000 after acquiring an additional 96 shares during the period. Ascent Capital Management LLC lifted its holdings in Exxon Mobil by 2.0% during the 1st quarter. Ascent Capital Management LLC now owns 4,913 shares of the oil and gas company's stock worth $584,000 after purchasing an additional 96 shares in the last quarter. Finally, DDD Partners LLC lifted its holdings in Exxon Mobil by 1.4% during the 1st quarter. DDD Partners LLC now owns 6,811 shares of the oil and gas company's stock worth $810,000 after purchasing an additional 96 shares in the last quarter. Institutional investors own 61.80% of the company's stock.

Exxon Mobil Stock Up 0.5%

NYSE XOM traded up $0.55 during midday trading on Tuesday, hitting $108.60. 13,966,836 shares of the company traded hands, compared to its average volume of 15,857,667. 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 market cap of $468.04 billion, a PE ratio of 14.40, a price-to-earnings-growth ratio of 2.01 and a beta of 0.50. The company's 50-day simple moving average is $108.66 and its 200-day simple moving average is $108.98. Exxon Mobil Corporation has a 52 week low of $97.80 and a 52 week high of $126.34.

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. The business had revenue of $83.13 billion for the quarter, compared to analysts' expectations of $86.11 billion. Exxon Mobil had a return on equity of 12.06% and a net margin of 9.49%. The business's revenue for the quarter was up .1% on a year-over-year basis. During the same quarter last year, the firm earned $2.06 EPS. As a group, equities research analysts forecast that Exxon Mobil Corporation will post 7.43 earnings per share for the current 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 of this dividend was Thursday, May 15th. This represents a $3.96 annualized dividend and a yield of 3.65%. Exxon Mobil's dividend payout ratio (DPR) is presently 52.52%.

Analysts Set New Price Targets

A number of analysts recently issued reports on XOM shares. Barclays reissued a "hold" rating on shares of Exxon Mobil in a report on Thursday, May 22nd. UBS Group lowered their price target on Exxon Mobil from $135.00 to $131.00 and set a "buy" rating on the stock in a report on Monday, April 14th. Mizuho lowered their price target on Exxon Mobil from $129.00 to $124.00 and set a "neutral" rating on the stock in a report on Tuesday, May 13th. Wells Fargo & Company set a $127.00 price target on Exxon Mobil and gave the company an "overweight" rating in a report on Thursday, June 26th. Finally, TD Cowen raised their price target on Exxon Mobil from $120.00 to $128.00 and gave the company a "buy" rating in a report on Monday, June 23rd. One investment analyst has rated the stock with a sell rating, ten have assigned a hold rating, eight have assigned a buy rating and two have issued a strong buy rating to the stock. According to MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $125.42.

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.