EP Wealth Advisors LLC increased its stake in Exxon Mobil Co. (NYSE:XOM - Free Report) by 4.5% in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 779,067 shares of the oil and gas company's stock after purchasing an additional 33,641 shares during the period. Exxon Mobil accounts for about 1.0% of EP Wealth Advisors LLC's portfolio, making the stock its 22nd largest position. EP Wealth Advisors LLC's holdings in Exxon Mobil were worth $89,686,000 as of its most recent filing with the Securities & Exchange Commission.
Several other large investors also recently bought and sold shares of XOM. FPC Investment Advisory Inc. acquired a new stake in shares of Exxon Mobil during the first quarter worth about $25,000. Fairway Wealth LLC purchased a new stake in shares of Exxon Mobil in the 2nd quarter valued at $35,000. Anfield Capital Management LLC increased its stake in shares of Exxon Mobil by 360.0% in the second 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 period. Fairscale Capital LLC purchased a new position in shares of Exxon Mobil during the second quarter worth $39,000. Finally, POM Investment Strategies LLC lifted its position in Exxon Mobil by 918.9% during the second quarter. POM Investment Strategies LLC now owns 377 shares of the oil and gas company's stock valued at $43,000 after purchasing an additional 340 shares during the period. Hedge funds and other institutional investors own 61.80% of the company's stock.
Exxon Mobil Price Performance
Shares of NYSE:XOM traded up $0.77 during trading on Monday, reaching $116.59. The stock had a trading volume of 4,545,728 shares, compared to its average volume of 16,764,020. 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 1-year low of $95.77 and a 1-year high of $123.75. The stock has a market cap of $459.72 billion, a PE ratio of 14.25, a PEG ratio of 4.86 and a beta of 0.90. The business has a fifty day moving average price of $115.76 and a 200-day moving average price of $115.71.
Exxon Mobil (NYSE:XOM - Get Free Report) last released its earnings results on Friday, August 2nd. The oil and gas company reported $2.14 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $2.04 by $0.10. The business had revenue of $93.06 billion during the quarter, compared to analyst estimates 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 earnings per share. On average, equities analysts forecast that Exxon Mobil Co. will post 8.06 earnings per share for the current fiscal year.
Exxon Mobil Dividend Announcement
The firm also recently announced a quarterly dividend, which was paid on Tuesday, September 10th. Shareholders of record on Thursday, August 15th were paid a $0.95 dividend. This represents a $3.80 dividend on an annualized basis and a yield of 3.26%. The ex-dividend date of this dividend was Thursday, August 15th. Exxon Mobil's dividend payout ratio (DPR) is 46.57%.
Wall Street Analysts Forecast Growth
XOM has been the topic of several analyst reports. 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, September 16th. Redburn Atlantic reiterated a "neutral" rating and set a $120.00 price target (up from $119.00) on shares of Exxon Mobil in a research report on Tuesday, September 24th. Wells Fargo & Company upped their price objective on Exxon Mobil from $135.00 to $136.00 and gave the stock an "overweight" rating in a research report on Friday. Royal Bank of Canada reaffirmed a "sector perform" rating and set a $135.00 target price on shares of Exxon Mobil in a report on Tuesday, July 9th. Finally, Sanford C. Bernstein lowered their price target on shares of Exxon Mobil from $139.00 to $138.00 and set an "outperform" rating on the stock in a report on Wednesday, July 17th. Eight research analysts have rated the stock with a hold rating, ten have assigned a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus target price of $134.75.
Read Our Latest Stock Report on XOM
Exxon Mobil Profile
(
Free Report)
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.
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