10,793 Shares in Exxon Mobil Co. (NYSE:XOM) Purchased by Plotkin Financial Advisors LLC

Plotkin Financial Advisors LLC bought a new position in Exxon Mobil Co. (NYSE:XOM - Free Report) in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm bought 10,793 shares of the oil and gas company's stock, valued at approximately $1,265,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Vertex Planning Partners LLC increased its position in shares of Exxon Mobil by 3.1% during the 3rd quarter. Vertex Planning Partners LLC now owns 2,778 shares of the oil and gas company's stock valued at $326,000 after purchasing an additional 83 shares during the last quarter. Etfidea LLC lifted its stake in shares of Exxon Mobil by 3.3% in the 2nd quarter. Etfidea LLC now owns 2,669 shares of the oil and gas company's stock valued at $307,000 after purchasing an additional 85 shares during the period. Bigelow Investment Advisors LLC raised its stake in Exxon Mobil by 0.6% during the second quarter. Bigelow Investment Advisors LLC now owns 13,543 shares of the oil and gas company's stock valued at $1,559,000 after buying an additional 86 shares during the last quarter. Integral Investment Advisors Inc. raised its stake in Exxon Mobil by 2.1% during the second quarter. Integral Investment Advisors Inc. now owns 4,207 shares of the oil and gas company's stock valued at $483,000 after buying an additional 87 shares during the last quarter. Finally, CBIZ Investment Advisory Services LLC increased its holdings in shares of Exxon Mobil by 15.2% in the 2nd quarter. CBIZ Investment Advisory Services LLC now owns 660 shares of the oil and gas company's stock worth $76,000 after purchasing an additional 87 shares in the last quarter. 61.80% of the stock is currently owned by institutional investors and hedge funds.

Exxon Mobil Stock Up 0.3 %

XOM stock traded up $0.30 during midday trading on Friday, hitting $117.96. The stock had a trading volume of 9,426,499 shares, compared to its average volume of 14,050,405. The firm has a market cap of $518.45 billion, a price-to-earnings ratio of 14.69, a price-to-earnings-growth ratio of 4.95 and a beta of 0.90. The business has a 50-day moving average of $119.76 and a two-hundred day moving average of $116.57. Exxon Mobil Co. has a 52-week low of $95.77 and a 52-week high of $126.34. 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 (NYSE:XOM - Get Free Report) last released its quarterly earnings data on Friday, November 1st. The oil and gas company reported $1.92 EPS for the quarter, beating the consensus estimate of $1.91 by $0.01. Exxon Mobil had a return on equity of 14.73% and a net margin of 9.61%. The company had revenue of $90.02 billion for the quarter, compared to analysts' expectations of $93.98 billion. During the same period last year, the firm posted $2.27 earnings per share. Exxon Mobil's revenue was down .8% compared to the same quarter last year. As a group, equities research analysts forecast that Exxon Mobil Co. will post 7.94 earnings per share for the current fiscal year.

Exxon Mobil Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 10th. Stockholders of record on Thursday, November 14th will be given a dividend of $0.99 per share. This is a boost 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 3.36%. The ex-dividend date of this dividend is Thursday, November 14th. Exxon Mobil's payout ratio is presently 49.32%.

Wall Street Analysts Forecast Growth

XOM has been the subject of several research analyst reports. Evercore ISI raised Exxon Mobil to a "strong-buy" rating in a report on Monday, August 5th. Redburn Atlantic reaffirmed a "neutral" rating and issued a $120.00 price objective (up previously from $119.00) on shares of Exxon Mobil in a research note on Tuesday, September 24th. TD Cowen raised their price objective on Exxon Mobil from $127.00 to $132.00 and gave the company a "buy" rating in a research note on Tuesday, November 19th. Scotiabank upgraded Exxon Mobil from a "sector perform" rating to a "sector outperform" rating and increased their price target for the stock from $129.00 to $145.00 in a report on Thursday, October 10th. Finally, Mizuho increased their target price on Exxon Mobil from $128.00 to $130.00 and gave the company a "neutral" rating in a research report on Monday, September 16th. One research analyst has rated the stock with a sell rating, eight have issued a hold rating, ten have given a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average price target of $129.95.

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.