Quilter Plc Grows Position in Exxon Mobil Co. (NYSE:XOM)

Quilter Plc lifted its position in Exxon Mobil Co. (NYSE:XOM - Free Report) by 2.7% in the 2nd quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 367,554 shares of the oil and gas company's stock after acquiring an additional 9,506 shares during the period. Quilter Plc's holdings in Exxon Mobil were worth $42,313,000 as of its most recent SEC filing.

A number of other hedge funds have also recently made changes to their positions in XOM. FPC Investment Advisory Inc. bought a new position in shares of Exxon Mobil during the first quarter valued at $25,000. Anfield Capital Management LLC boosted its stake in shares of Exxon Mobil by 360.0% during the 2nd quarter. Anfield Capital Management LLC now owns 322 shares of the oil and gas company's stock worth $37,000 after acquiring an additional 252 shares during the last quarter. POM Investment Strategies LLC grew its position in shares of Exxon Mobil by 918.9% during the 2nd quarter. POM Investment Strategies LLC now owns 377 shares of the oil and gas company's stock valued at $43,000 after acquiring an additional 340 shares during the period. Lynx Investment Advisory purchased a new stake in shares of Exxon Mobil in the 2nd quarter worth $47,000. Finally, Vima LLC bought a new position in Exxon Mobil in the 4th quarter worth $50,000. 61.80% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

Several research analysts have recently commented on the company. Wells Fargo & Company decreased their price objective on Exxon Mobil from $139.00 to $135.00 and set an "overweight" rating on the stock in a research note on Monday, August 5th. Barclays dropped their price objective on Exxon Mobil from $147.00 to $142.00 and set an "overweight" rating for the company in a research note on Tuesday, July 9th. Mizuho raised their price objective on Exxon Mobil from $128.00 to $130.00 and gave the company a "neutral" rating in a research note on Monday. Royal Bank of Canada restated a "sector perform" rating and issued a $135.00 price target on shares of Exxon Mobil in a research report on Tuesday, July 9th. Finally, Wolfe Research assumed coverage on shares of Exxon Mobil in a research report on Thursday, July 18th. They set an "outperform" rating and a $146.00 price objective on the stock. Seven research analysts have rated the stock with a hold rating, eleven have issued a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, Exxon Mobil presently has a consensus rating of "Moderate Buy" and an average price target of $136.24.

Exxon Mobil Stock Performance

Exxon Mobil stock traded up $1.51 during mid-day trading on Tuesday, reaching $114.22. 12,200,673 shares of the company traded hands, compared to its average volume of 16,821,611. Exxon Mobil Co. has a fifty-two week low of $95.77 and a fifty-two week high of $123.75. The firm's fifty day moving average is $115.67 and its two-hundred day moving average is $115.19. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.36 and a quick ratio of 1.01. The company has a market capitalization of $450.37 billion, a price-to-earnings ratio of 13.94, a price-to-earnings-growth ratio of 4.38 and a beta of 0.90.

Exxon Mobil (NYSE:XOM - Get Free Report) last issued its quarterly earnings results on Friday, August 2nd. The oil and gas company reported $2.14 EPS for the quarter, topping analysts' consensus estimates of $2.04 by $0.10. Exxon Mobil had a return on equity of 16.07% and a net margin of 9.73%. The company had revenue of $93.06 billion during the quarter, compared to analysts' expectations of $90.09 billion. During the same quarter in the previous year, the firm posted $1.94 EPS. The firm's revenue was up 12.2% compared to the same quarter last year. On average, equities research analysts expect that Exxon Mobil Co. will post 8.36 earnings per share for the current fiscal year.

Exxon Mobil Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, September 10th. Shareholders of record on Thursday, August 15th were issued a $0.95 dividend. This represents a $3.80 dividend on an annualized basis and a yield of 3.33%. The ex-dividend date was Thursday, August 15th. Exxon Mobil's payout ratio is presently 46.57%.

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.