Vise Technologies Inc. Buys 12,705 Shares of Exxon Mobil Co. (NYSE:XOM)

Vise Technologies Inc. increased its stake in Exxon Mobil Co. (NYSE:XOM - Free Report) by 29.7% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 55,411 shares of the oil and gas company's stock after purchasing an additional 12,705 shares during the period. Vise Technologies Inc.'s holdings in Exxon Mobil were worth $5,961,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of XOM. 10Elms LLP purchased a new stake in Exxon Mobil in the fourth quarter worth approximately $25,000. Fairway Wealth LLC purchased a new stake in Exxon Mobil in the fourth quarter worth approximately $31,000. Keystone Financial Group Inc. purchased a new stake in Exxon Mobil in the fourth quarter worth approximately $36,000. Compass Planning Associates Inc purchased a new stake in Exxon Mobil in the fourth quarter worth approximately $47,000. Finally, Synergy Investment Management LLC purchased a new stake in shares of Exxon Mobil during the fourth quarter valued at approximately $47,000. 61.80% of the stock is currently owned by institutional investors.

Exxon Mobil Trading Up 0.1%

XOM stock traded up $0.14 on Friday, reaching $103.11. The company's stock had a trading volume of 12,055,860 shares, compared to its average volume of 15,555,647. The business has a fifty day simple moving average of $108.26 and a two-hundred day simple moving average of $110.40. Exxon Mobil Co. has a 12-month low of $97.80 and a 12-month high of $126.34. The firm has a market cap of $444.36 billion, a PE ratio of 13.15, a PEG ratio of 3.02 and a beta of 0.51. The company has a debt-to-equity ratio of 0.14, a quick ratio of 0.97 and a current ratio of 1.31.

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 EPS for the quarter, topping analysts' consensus estimates of $1.73 by $0.03. The company had revenue of $83.13 billion during the quarter, compared to analyst estimates of $86.11 billion. Exxon Mobil had a return on equity of 12.92% and a net margin of 9.63%. The firm's revenue was up .1% on a year-over-year basis. During the same quarter last year, the firm posted $2.06 earnings per share. As a group, research analysts forecast that Exxon Mobil Co. will post 7.43 EPS for the current year.

Exxon Mobil Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 10th. Shareholders of record on Thursday, May 15th will be given a dividend of $0.99 per share. This represents a $3.96 annualized dividend and a yield of 3.84%. The ex-dividend date of this dividend is Thursday, May 15th. Exxon Mobil's dividend payout ratio is currently 52.52%.

Wall Street Analysts Forecast Growth

Several research analysts have recently issued reports on XOM shares. HSBC cut their target price on shares of Exxon Mobil from $125.00 to $123.00 and set a "hold" rating on the stock in a report on Friday, January 31st. The Goldman Sachs Group cut their target price on shares of Exxon Mobil from $125.00 to $123.00 and set a "neutral" rating on the stock in a report on Friday, January 31st. Morgan Stanley cut their target price on shares of Exxon Mobil from $141.00 to $138.00 and set an "overweight" rating on the stock in a report on Thursday, March 27th. BMO Capital Markets cut their target price on shares of Exxon Mobil from $130.00 to $123.00 and set a "market perform" rating on the stock in a report on Friday, January 31st. Finally, Wells Fargo & Company cut their target price on shares of Exxon Mobil from $136.00 to $135.00 and set an "overweight" rating on the stock in a report on Monday, February 3rd. One analyst has rated the stock with a sell rating, nine have assigned a hold rating, ten have given a buy rating and two have given a strong buy rating to the company. Based on data from MarketBeat.com, Exxon Mobil has an average rating of "Moderate Buy" and an average target price of $125.50.

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.