Exxon Mobil Co. (NYSE:XOM) Stock Holdings Lifted by Wealthcare Advisory Partners LLC

Wealthcare Advisory Partners LLC boosted its position in shares of Exxon Mobil Co. (NYSE:XOM - Free Report) by 2.4% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 104,597 shares of the oil and gas company's stock after purchasing an additional 2,455 shares during the period. Wealthcare Advisory Partners LLC's holdings in Exxon Mobil were worth $12,440,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. 10Elms LLP purchased a new stake in shares of Exxon Mobil during the fourth quarter worth about $25,000. Fairway Wealth LLC acquired a new position in Exxon Mobil during the 4th quarter worth $31,000. Capital A Wealth Management LLC bought a new stake in shares of Exxon Mobil in the 4th quarter worth about $32,000. Keystone Financial Group Inc. acquired a new stake in shares of Exxon Mobil in the 4th quarter valued at about $36,000. Finally, Compass Planning Associates Inc bought a new position in shares of Exxon Mobil during the fourth quarter worth about $47,000. Hedge funds and other institutional investors own 61.80% of the company's stock.

Analysts Set New Price Targets

Several analysts recently weighed in on the company. Piper Sandler lowered Exxon Mobil from a "strong-buy" rating to a "hold" rating in a report on Wednesday, May 28th. Royal Bank of Canada reissued a "sector perform" rating on shares of Exxon Mobil in a report on Thursday, May 22nd. Scotiabank lowered their price objective on Exxon Mobil from $140.00 to $115.00 and set a "sector outperform" rating for the company in a research note on Friday, April 11th. Mizuho cut their target price on Exxon Mobil from $129.00 to $124.00 and set a "neutral" rating on the stock in a research note on Tuesday, May 13th. Finally, Morgan Stanley lowered their price target on shares of Exxon Mobil from $141.00 to $138.00 and set an "overweight" rating for the company in a research report on Thursday, March 27th. One analyst has rated the stock with a sell rating, ten have issued a hold rating, nine have assigned a buy rating and two have given a strong buy rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $125.50.

Exxon Mobil Price Performance

NYSE:XOM traded up $2.24 during midday trading on Tuesday, hitting $107.21. 17,621,679 shares of the stock were exchanged, compared to its average volume of 15,567,968. The company has a market capitalization of $462.04 billion, a price-to-earnings ratio of 13.67, a P/E/G ratio of 3.02 and a beta of 0.49. The company has a current ratio of 1.31, a quick ratio of 0.97 and a debt-to-equity ratio of 0.14. Exxon Mobil Co. has a one year low of $97.80 and a one year high of $126.34. The business has a 50-day moving average price of $105.14 and a two-hundred day moving average price of $108.90.

Exxon Mobil (NYSE:XOM - Get Free Report) last released its earnings results on Friday, May 2nd. The oil and gas company reported $1.76 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.73 by $0.03. Exxon Mobil had a return on equity of 12.92% and a net margin of 9.63%. The firm had revenue of $83.13 billion for the quarter, compared to analyst estimates of $86.11 billion. During the same period in the previous year, the company earned $2.06 earnings per share. Exxon Mobil's revenue was up .1% compared to the same quarter last year. Sell-side analysts predict that Exxon Mobil Co. will post 7.43 EPS for the current year.

Exxon Mobil Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, June 10th. Shareholders of record on Thursday, May 15th will be given a $0.99 dividend. The ex-dividend date is Thursday, May 15th. This represents a $3.96 annualized dividend and a yield of 3.69%. Exxon Mobil's dividend payout ratio (DPR) is 52.52%.

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.