Capital Advisors Inc. OK Increases Stake in Exxon Mobil Co. (NYSE:XOM)

Capital Advisors Inc. OK increased its stake in Exxon Mobil Co. (NYSE:XOM - Free Report) by 1.5% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 658,548 shares of the oil and gas company's stock after acquiring an additional 9,528 shares during the quarter. Exxon Mobil accounts for approximately 1.5% of Capital Advisors Inc. OK's portfolio, making the stock its 14th largest position. Capital Advisors Inc. OK's holdings in Exxon Mobil were worth $65,842,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in the stock. Axiom Financial Strategies LLC boosted its position in Exxon Mobil by 17.4% during the first quarter. Axiom Financial Strategies LLC now owns 7,909 shares of the oil and gas company's stock valued at $680,000 after buying an additional 1,173 shares during the period. Retirement Income Solutions Inc bought a new stake in shares of Exxon Mobil during the 1st quarter valued at about $275,000. Loomis Sayles & Co. L P boosted its position in Exxon Mobil by 318.8% during the 1st quarter. Loomis Sayles & Co. L P now owns 17,163 shares of the oil and gas company's stock valued at $1,417,000 after acquiring an additional 13,065 shares in the last quarter. Ergoteles LLC grew its position in shares of Exxon Mobil by 95.6% in the 1st quarter. Ergoteles LLC now owns 15,843 shares of the oil and gas company's stock worth $1,308,000 after buying an additional 7,744 shares during the period. Finally, Bridgefront Capital LLC purchased a new position in Exxon Mobil during the first quarter valued at $237,000. Institutional investors and hedge funds own 61.80% of the company's stock.

Insider Activity at Exxon Mobil

In other Exxon Mobil news, VP Darrin L. Talley sold 2,400 shares of the stock in a transaction dated Thursday, February 22nd. The shares were sold at an average price of $105.00, for a total value of $252,000.00. Following the completion of the transaction, the vice president now directly owns 30,189 shares of the company's stock, valued at $3,169,845. The sale was disclosed in a filing with the SEC, which is available at this link. 0.04% of the stock is owned by insiders.

Wall Street Analyst Weigh In

Several research analysts have recently commented on the company. UBS Group raised their price objective on Exxon Mobil from $133.00 to $150.00 and gave the stock a "buy" rating in a research note on Thursday, April 11th. Wells Fargo & Company lifted their price target on shares of Exxon Mobil from $126.00 to $138.00 and gave the company an "overweight" rating in a report on Thursday, April 4th. TD Cowen increased their price objective on shares of Exxon Mobil from $115.00 to $120.00 and gave the stock a "buy" rating in a research note on Monday, April 1st. Scotiabank lifted their target price on shares of Exxon Mobil from $114.00 to $129.00 and gave the company a "sector perform" rating in a research note on Thursday, April 11th. Finally, Redburn Atlantic upgraded Exxon Mobil from a "neutral" rating to a "buy" rating and increased their target price for the stock from $116.00 to $119.00 in a research report on Tuesday, January 9th. Nine equities research analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company's stock. Based on data from MarketBeat.com, Exxon Mobil currently has an average rating of "Moderate Buy" and a consensus target price of $131.44.

Exxon Mobil Price Performance

NYSE XOM traded down $0.99 during trading hours on Tuesday, hitting $118.69. 17,943,150 shares of the company's stock traded hands, compared to its average volume of 18,351,109. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.48 and a quick ratio of 1.09. The firm's 50-day moving average is $110.24 and its 200-day moving average is $106.12. The company has a market capitalization of $469.81 billion, a PE ratio of 13.37, a PEG ratio of 4.21 and a beta of 0.96. Exxon Mobil Co. has a 52-week low of $95.77 and a 52-week high of $123.75.

Exxon Mobil (NYSE:XOM - Get Free Report) last released its earnings results on Friday, February 2nd. The oil and gas company reported $2.48 earnings per share for the quarter, beating the consensus estimate of $2.20 by $0.28. The company had revenue of $84.34 billion during the quarter, compared to the consensus estimate of $90.03 billion. Exxon Mobil had a return on equity of 18.51% and a net margin of 10.45%. Exxon Mobil's revenue was down 11.6% compared to the same quarter last year. During the same period in the previous year, the company posted $3.40 EPS. Equities analysts forecast that Exxon Mobil Co. will post 9.54 EPS for the current fiscal year.

Exxon Mobil Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, March 11th. Stockholders of record on Wednesday, February 14th were given a dividend of $0.95 per share. This represents a $3.80 dividend on an annualized basis and a dividend yield of 3.20%. The ex-dividend date was Tuesday, February 13th. Exxon Mobil's dividend payout ratio (DPR) is currently 42.74%.

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.