Exxon Mobil Co. (NYSE:XOM) Shares Purchased by Sargent Investment Group LLC

Sargent Investment Group LLC increased its stake in Exxon Mobil Co. (NYSE:XOM - Free Report) by 37.7% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 22,859 shares of the oil and gas company's stock after acquiring an additional 6,262 shares during the period. Sargent Investment Group LLC's holdings in Exxon Mobil were worth $2,631,000 as of its most recent SEC filing.

Other large investors also recently added to or reduced their stakes in the company. Patron Partners LLC raised its holdings in shares of Exxon Mobil by 7.4% in the second quarter. Patron Partners LLC now owns 37,297 shares of the oil and gas company's stock worth $4,294,000 after buying an additional 2,564 shares during the period. YHB Investment Advisors Inc. lifted its position in shares of Exxon Mobil by 5.9% during the second quarter. YHB Investment Advisors Inc. now owns 32,751 shares of the oil and gas company's stock worth $3,770,000 after purchasing an additional 1,836 shares during the last quarter. Cooksen Wealth LLC purchased a new stake in shares of Exxon Mobil during the fourth quarter valued at $136,000. Scarborough Advisors LLC grew its holdings in shares of Exxon Mobil by 720.2% in the fourth quarter. Scarborough Advisors LLC now owns 15,978 shares of the oil and gas company's stock worth $1,597,000 after purchasing an additional 14,030 shares during the last quarter. Finally, Lloyd Advisory Services LLC. increased its stake in Exxon Mobil by 407.5% in the 1st quarter. Lloyd Advisory Services LLC. now owns 24,115 shares of the oil and gas company's stock worth $2,804,000 after buying an additional 19,363 shares during the period. 61.80% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

XOM has been the subject of several research reports. Evercore ISI raised shares of Exxon Mobil to a "strong-buy" rating in a research report on Monday, August 5th. Morgan Stanley dropped their price objective on Exxon Mobil from $145.00 to $142.00 and set an "overweight" rating on the stock in a research note on Monday. Royal Bank of Canada reaffirmed a "sector perform" rating and set a $135.00 target price on shares of Exxon Mobil in a research report on Tuesday, July 9th. Mizuho increased their price target on Exxon Mobil from $128.00 to $130.00 and gave the stock a "neutral" rating in a research report on Monday. Finally, Wolfe Research assumed coverage on Exxon Mobil in a report on Thursday, July 18th. They issued an "outperform" rating and a $146.00 price objective for the company. Seven equities research analysts have rated the stock with a hold rating, eleven have given a buy rating and one has given a strong buy rating to the company's stock. According to MarketBeat, the company presently has an average rating of "Moderate Buy" and an average price target of $135.76.

Exxon Mobil Stock Up 0.3 %

XOM traded up $0.39 during trading on Wednesday, hitting $114.57. The stock had a trading volume of 12,564,380 shares, compared to its average volume of 16,797,971. The stock has a 50 day simple moving average of $115.78 and a two-hundred day simple moving average of $115.25. The company has a debt-to-equity ratio of 0.13, a quick ratio of 1.01 and a current ratio of 1.36. Exxon Mobil Co. has a twelve month low of $95.77 and a twelve month high of $123.75. The company has a market capitalization of $451.75 billion, a PE ratio of 14.04, a PEG ratio of 4.38 and a beta of 0.90.

Exxon Mobil (NYSE:XOM - Get Free Report) last posted its quarterly earnings data on Friday, August 2nd. The oil and gas company reported $2.14 earnings per share 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 firm had revenue of $93.06 billion during the quarter, compared to analysts' expectations of $90.09 billion. During the same quarter last year, the firm earned $1.94 EPS. The business's quarterly revenue was up 12.2% on a year-over-year basis. On average, research analysts predict that Exxon Mobil Co. will post 8.36 earnings per share for the current year.

Exxon Mobil Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, September 10th. Investors of record on Thursday, August 15th were given a $0.95 dividend. This represents a $3.80 annualized dividend and a dividend yield of 3.32%. The ex-dividend date was Thursday, August 15th. Exxon Mobil's payout ratio is currently 46.57%.

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.