Autumn Glory Partners LLC Increases Holdings in Exxon Mobil Co. (NYSE:XOM)

Autumn Glory Partners LLC raised its holdings in Exxon Mobil Co. (NYSE:XOM - Free Report) by 34.8% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 24,808 shares of the oil and gas company's stock after purchasing an additional 6,407 shares during the quarter. Exxon Mobil accounts for about 1.1% of Autumn Glory Partners LLC's holdings, making the stock its 21st biggest position. Autumn Glory Partners LLC's holdings in Exxon Mobil were worth $2,916,000 at the end of the most recent quarter.

Other institutional investors also recently added to or reduced their stakes in the company. FPC Investment Advisory Inc. acquired a new stake in shares of Exxon Mobil during the 1st quarter valued at approximately $25,000. Fairway Wealth LLC acquired a new stake in shares of Exxon Mobil during the 2nd quarter valued at approximately $35,000. Anfield Capital Management LLC lifted its position 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 valued at $37,000 after acquiring an additional 252 shares during the period. Fairscale Capital LLC acquired a new stake in shares of Exxon Mobil during the 2nd quarter valued at approximately $39,000. Finally, POM Investment Strategies LLC lifted 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. Hedge funds and other institutional investors own 61.80% of the company's stock.

Analysts Set New Price Targets

A number of equities research analysts have recently issued reports on the stock. Wolfe Research started coverage on shares of Exxon Mobil in a research report on Thursday, July 18th. They set an "outperform" rating and a $146.00 price target for the company. UBS Group cut their price objective on Exxon Mobil from $157.00 to $149.00 and set a "buy" rating for the company in a research report on Wednesday, September 18th. Barclays cut their price objective on Exxon Mobil from $142.00 to $137.00 and set an "overweight" rating for the company in a research report on Thursday, October 3rd. Mizuho lifted their price objective on Exxon Mobil from $128.00 to $130.00 and gave the stock a "neutral" rating in a research report on Monday, September 16th. Finally, Evercore ISI upgraded Exxon Mobil to a "strong-buy" rating in a research report on Monday, August 5th. One investment analyst has rated the stock with a sell rating, eight have assigned a hold rating, ten have given a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus price target of $131.44.

Exxon Mobil Trading Down 0.4 %

Shares of NYSE XOM traded down $0.48 during trading on Wednesday, hitting $116.80. 12,296,289 shares of the company traded hands, compared to its average volume of 16,393,512. Exxon Mobil Co. has a 1 year low of $95.77 and a 1 year high of $126.34. The company has a 50-day moving average price of $117.66 and a 200-day moving average price of $116.39. The firm has a market capitalization of $460.52 billion, a P/E ratio of 14.31, a P/E/G ratio of 5.00 and a beta of 0.89. The company has a quick ratio of 1.01, a current ratio of 1.36 and a debt-to-equity ratio of 0.13.

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 (EPS) for the quarter, beating the consensus estimate of $2.04 by $0.10. Exxon Mobil had a net margin of 9.73% and a return on equity of 16.07%. The company had revenue of $93.06 billion during the quarter, compared to analysts' expectations of $90.09 billion. During the same period in the previous year, the company earned $1.94 EPS. The business's quarterly revenue was up 12.2% compared to the same quarter last year. On average, equities analysts predict that Exxon Mobil Co. will post 8.05 EPS for the current year.

Exxon Mobil Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, September 10th. Stockholders of record on Thursday, August 15th were paid a dividend of $0.95 per share. The ex-dividend date was Thursday, August 15th. This represents a $3.80 annualized dividend and a dividend yield of 3.25%. Exxon Mobil's dividend payout ratio is presently 46.57%.

About Exxon Mobil

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.