OneDigital Investment Advisors LLC Buys 15,258 Shares of Exxon Mobil Co. (NYSE:XOM)

OneDigital Investment Advisors LLC boosted its position in Exxon Mobil Co. (NYSE:XOM - Free Report) by 10.9% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 154,946 shares of the oil and gas company's stock after acquiring an additional 15,258 shares during the quarter. OneDigital Investment Advisors LLC's holdings in Exxon Mobil were worth $18,163,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also bought and sold shares of XOM. Fairway Wealth LLC purchased a new position in shares of Exxon Mobil in the second quarter valued at about $35,000. Anfield Capital Management LLC increased its holdings 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 period. Fairscale Capital LLC bought a new position in Exxon Mobil during the 2nd quarter valued at approximately $39,000. POM Investment Strategies LLC lifted 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 during the period. Finally, Hershey Financial Advisers LLC bought a new stake in shares of Exxon Mobil in the 2nd quarter worth approximately $46,000. Hedge funds and other institutional investors own 61.80% of the company's stock.

Wall Street Analyst Weigh In

A number of brokerages recently commented on XOM. Evercore ISI raised Exxon Mobil to a "strong-buy" rating in a research note on Monday, August 5th. Morgan Stanley dropped their target price on shares of Exxon Mobil from $142.00 to $140.00 in a research report on Thursday, October 31st. UBS Group reduced their price target on shares of Exxon Mobil from $157.00 to $149.00 and set a "buy" rating on the stock in a research report on Wednesday, September 18th. Scotiabank upgraded shares of Exxon Mobil from a "sector perform" rating to a "sector outperform" rating and raised their price objective for the stock from $129.00 to $145.00 in a report on Thursday, October 10th. Finally, BMO Capital Markets increased their target price on Exxon Mobil from $127.00 to $130.00 and gave the stock a "market perform" rating in a research report on Friday, October 4th. One investment analyst has rated the stock with a sell rating, eight have given a hold rating, ten have given a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average target price of $129.95.

Exxon Mobil Stock Down 1.0 %

XOM stock traded down $1.21 during trading on Friday, hitting $119.35. 19,045,300 shares of the stock traded hands, compared to its average volume of 16,335,525. The stock has a market cap of $524.56 billion, a price-to-earnings ratio of 15.04, a price-to-earnings-growth ratio of 5.09 and a beta of 0.90. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.35 and a quick ratio of 1.01. Exxon Mobil Co. has a 1 year low of $95.77 and a 1 year high of $126.34. The firm's 50 day moving average is $118.35 and its two-hundred day moving average is $116.41.

Exxon Mobil (NYSE:XOM - Get Free Report) last posted its quarterly earnings results on Friday, November 1st. The oil and gas company reported $1.92 EPS for the quarter, beating analysts' consensus estimates of $1.91 by $0.01. The firm had revenue of $90.02 billion for the quarter, compared to analysts' expectations of $93.98 billion. Exxon Mobil had a net margin of 9.61% and a return on equity of 14.73%. The business's revenue for the quarter was down .8% on a year-over-year basis. During the same quarter in the prior year, the company posted $2.27 earnings per share. On average, sell-side analysts anticipate that Exxon Mobil Co. will post 7.95 EPS for the current year.

Exxon Mobil Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, December 10th. Stockholders of record on Thursday, November 14th will be issued a dividend of $0.99 per share. This is an increase from Exxon Mobil's previous quarterly dividend of $0.95. This represents a $3.96 dividend on an annualized basis and a dividend yield of 3.32%. The ex-dividend date of this dividend is Thursday, November 14th. Exxon Mobil's dividend payout ratio is presently 47.32%.

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.