Blair William & Co. IL Purchases 379,747 Shares of Exxon Mobil Co. (NYSE:XOM)

Blair William & Co. IL boosted its holdings in shares of Exxon Mobil Co. (NYSE:XOM - Free Report) by 64.6% in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The firm owned 967,618 shares of the oil and gas company's stock after buying an additional 379,747 shares during the period. Blair William & Co. IL's holdings in Exxon Mobil were worth $111,392,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. FPC Investment Advisory Inc. bought a new position in Exxon Mobil during the 1st quarter valued at approximately $25,000. Fairway Wealth LLC bought a new position in Exxon Mobil in the 2nd quarter valued at approximately $35,000. Anfield Capital Management LLC boosted its stake in 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 valued at $37,000 after purchasing an additional 252 shares during the last quarter. POM Investment Strategies LLC increased its holdings in Exxon Mobil by 918.9% in the 2nd quarter. POM Investment Strategies LLC now owns 377 shares of the oil and gas company's stock worth $43,000 after buying an additional 340 shares in the last quarter. Finally, Lynx Investment Advisory purchased a new position in Exxon Mobil in the 2nd quarter worth about $47,000. 61.80% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several research firms have recently weighed in on XOM. Mizuho boosted their price objective on shares of Exxon Mobil from $128.00 to $130.00 and gave the company a "neutral" rating in a report on Monday. Sanford C. Bernstein dropped their price objective on shares of Exxon Mobil from $139.00 to $138.00 and set an "outperform" rating for the company in a report on Wednesday, July 17th. Evercore ISI upgraded Exxon Mobil to a "strong-buy" rating in a research report on Monday, August 5th. Barclays reduced their price target on shares of Exxon Mobil from $147.00 to $142.00 and set an "overweight" rating on the stock in a research note on Tuesday, July 9th. Finally, Truist Financial decreased their price objective on Exxon Mobil from $124.00 to $121.00 and set a "hold" rating for the company in a report on Monday, July 22nd. Seven investment analysts have rated the stock with a hold rating, eleven have given a buy rating and one has issued a strong buy rating to the company's stock. According to MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average price target of $135.76.

Exxon Mobil Trading Up 2.2 %

XOM stock traded up $2.49 during midday trading on Thursday, hitting $117.07. The stock had a trading volume of 5,245,065 shares, compared to its average volume of 16,734,180. The firm has a market cap of $461.61 billion, a PE ratio of 14.29, a price-to-earnings-growth ratio of 4.38 and a beta of 0.90. Exxon Mobil Co. has a 12-month low of $95.77 and a 12-month high of $123.75. 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's 50-day moving average price is $115.78 and its 200 day moving average price is $115.25.

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

Exxon Mobil Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, September 10th. Shareholders of record on Thursday, August 15th were paid a dividend of $0.95 per share. This represents a $3.80 dividend on an annualized basis and a dividend yield of 3.25%. The ex-dividend date of this dividend was Thursday, August 15th. Exxon Mobil's dividend payout ratio (DPR) is currently 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.