Captrust Financial Advisors Buys 24,428 Shares of Exxon Mobil Co. (NYSE:XOM)

Captrust Financial Advisors lifted its stake in shares of Exxon Mobil Co. (NYSE:XOM - Free Report) by 1.7% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 1,433,952 shares of the oil and gas company's stock after purchasing an additional 24,428 shares during the quarter. Captrust Financial Advisors' holdings in Exxon Mobil were worth $168,088,000 at the end of the most recent quarter.

A number of other hedge funds have also made changes to their positions in the company. Vertex Planning Partners LLC raised its position in shares of Exxon Mobil by 3.1% in the 3rd quarter. Vertex Planning Partners LLC now owns 2,778 shares of the oil and gas company's stock worth $326,000 after acquiring an additional 83 shares in the last quarter. Etfidea LLC grew its holdings in Exxon Mobil by 3.3% in the second quarter. Etfidea LLC now owns 2,669 shares of the oil and gas company's stock worth $307,000 after purchasing an additional 85 shares during the period. Bigelow Investment Advisors LLC grew its stake in shares of Exxon Mobil by 0.6% in the 2nd quarter. Bigelow Investment Advisors LLC now owns 13,543 shares of the oil and gas company's stock valued at $1,559,000 after buying an additional 86 shares during the period. Integral Investment Advisors Inc. increased its holdings in shares of Exxon Mobil by 2.1% during the second quarter. Integral Investment Advisors Inc. now owns 4,207 shares of the oil and gas company's stock valued at $483,000 after acquiring an additional 87 shares in the last quarter. Finally, CBIZ Investment Advisory Services LLC increased its stake in Exxon Mobil by 15.2% during the 2nd quarter. CBIZ Investment Advisory Services LLC now owns 660 shares of the oil and gas company's stock valued at $76,000 after purchasing an additional 87 shares in the last quarter. Hedge funds and other institutional investors own 61.80% of the company's stock.

Exxon Mobil Trading Up 0.3 %

Exxon Mobil stock traded up $0.40 during mid-day trading on Friday, hitting $118.06. The company's stock had a trading volume of 9,426,499 shares, compared to its average volume of 16,249,328. The business has a 50 day moving average price of $119.70 and a 200-day moving average price of $116.57. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.35 and a quick ratio of 1.01. Exxon Mobil Co. has a 12 month low of $95.77 and a 12 month high of $126.34. The stock has a market cap of $518.89 billion, a price-to-earnings ratio of 14.72, a price-to-earnings-growth ratio of 4.94 and a beta of 0.90.

Exxon Mobil (NYSE:XOM - Get Free Report) last released its earnings results on Friday, November 1st. The oil and gas company reported $1.92 earnings per share for the quarter, beating analysts' consensus estimates of $1.91 by $0.01. The company had revenue of $90.02 billion during the quarter, compared to analyst estimates of $93.98 billion. Exxon Mobil had a return on equity of 14.73% and a net margin of 9.61%. Exxon Mobil's revenue for the quarter was down .8% on a year-over-year basis. During the same quarter in the previous year, the company posted $2.27 EPS. As a group, analysts forecast that Exxon Mobil Co. will post 7.94 EPS for the current year.

Exxon Mobil Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, December 10th. Stockholders of record on Thursday, November 14th will be issued a $0.99 dividend. This is a boost from Exxon Mobil's previous quarterly dividend of $0.95. The ex-dividend date of this dividend is Thursday, November 14th. This represents a $3.96 annualized dividend and a dividend yield of 3.35%. Exxon Mobil's dividend payout ratio (DPR) is currently 49.32%.

Analyst Ratings Changes

Several brokerages recently weighed in on XOM. Mizuho raised their price target on shares of Exxon Mobil from $128.00 to $130.00 and gave the company a "neutral" rating in a research report on Monday, September 16th. Morgan Stanley decreased their price objective on shares of Exxon Mobil from $142.00 to $140.00 in a report on Thursday, October 31st. Barclays cut their price target on Exxon Mobil from $142.00 to $137.00 and set an "overweight" rating for the company in a research note on Thursday, October 3rd. TD Cowen lifted their price objective on shares of Exxon Mobil from $127.00 to $132.00 and gave the company a "buy" rating in a research note on Tuesday, November 19th. Finally, BMO Capital Markets increased their price target on shares of Exxon Mobil from $127.00 to $130.00 and gave the stock a "market perform" rating in a report on Friday, October 4th. One investment analyst has rated the stock with a sell rating, eight have assigned a hold rating, ten have given a buy rating and one has assigned a strong buy rating to the company's stock. According to data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average target price of $129.95.

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.