Exxon Mobil Co. (NYSE:XOM) Shares Bought by Coldstream Capital Management Inc.

Coldstream Capital Management Inc. boosted its stake in shares of Exxon Mobil Co. (NYSE:XOM - Free Report) by 13.7% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 135,660 shares of the oil and gas company's stock after buying an additional 16,392 shares during the period. Coldstream Capital Management Inc.'s holdings in Exxon Mobil were worth $15,936,000 at the end of the most recent reporting period.

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

Wall Street Analyst Weigh In

Several brokerages have recently weighed in on XOM. Truist Financial lowered their target price on shares of Exxon Mobil from $121.00 to $117.00 and set a "hold" rating on the stock in a report on Monday, September 30th. UBS Group dropped their target price on Exxon Mobil from $157.00 to $149.00 and set a "buy" rating on the stock in a research report on Wednesday, September 18th. Mizuho raised their price target on Exxon Mobil from $128.00 to $130.00 and gave the company a "neutral" rating in a report on Monday, September 16th. Barclays reduced their target price on Exxon Mobil from $142.00 to $137.00 and set an "overweight" rating for the company in a report on Thursday, October 3rd. Finally, JPMorgan Chase & Co. lifted their price target on shares of Exxon Mobil from $127.00 to $128.00 in a research report on Thursday, October 31st. One research analyst has rated the stock with a sell rating, eight have assigned a hold rating, nine have issued a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average price target of $129.95.

Exxon Mobil Stock Down 0.2 %

NYSE:XOM traded down $0.22 during trading hours on Tuesday, hitting $112.68. The stock had a trading volume of 20,989,454 shares, compared to its average volume of 16,251,600. The company has a market cap of $495.24 billion, a PE ratio of 14.03, a price-to-earnings-growth ratio of 4.77 and a beta of 0.89. The business has a 50 day simple moving average of $119.68 and a two-hundred day simple moving average of $116.47. Exxon Mobil Co. has a 1-year low of $95.77 and a 1-year high of $126.34. The company has a current ratio of 1.35, a quick ratio of 1.01 and a debt-to-equity ratio of 0.13.

Exxon Mobil (NYSE:XOM - Get Free Report) last released its quarterly 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. Exxon Mobil had a net margin of 9.61% and a return on equity of 14.73%. The business had revenue of $90.02 billion during the quarter, compared to analyst estimates of $93.98 billion. During the same period last year, the business earned $2.27 EPS. The business's revenue was down .8% on a year-over-year basis. Analysts predict that Exxon Mobil Co. will post 7.94 EPS for the current year.

Exxon Mobil Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, December 10th. Investors of record on Thursday, November 14th will be paid 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 3.51%. Exxon Mobil's payout ratio is 49.32%.

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.