22,204 Shares in Exxon Mobil Co. (NYSE:XOM) Acquired by Raelipskie Partnership

Raelipskie Partnership purchased a new position in shares of Exxon Mobil Co. (NYSE:XOM - Free Report) during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 22,204 shares of the oil and gas company's stock, valued at approximately $2,603,000. Exxon Mobil makes up 1.3% of Raelipskie Partnership's investment portfolio, making the stock its 15th biggest position.

Several other institutional investors also recently bought and sold shares of the business. Austin Private Wealth LLC raised its holdings in shares of Exxon Mobil by 1.3% during the second quarter. Austin Private Wealth LLC now owns 40,593 shares of the oil and gas company's stock valued at $4,673,000 after acquiring an additional 529 shares during the last quarter. Dynamic Advisor Solutions LLC boosted its stake in Exxon Mobil by 89.0% during the 2nd quarter. Dynamic Advisor Solutions LLC now owns 107,358 shares of the oil and gas company's stock worth $12,359,000 after purchasing an additional 50,544 shares during the last quarter. Quantum Financial Advisors LLC grew its holdings in shares of Exxon Mobil by 23.2% during the second quarter. Quantum Financial Advisors LLC now owns 9,721 shares of the oil and gas company's stock worth $1,119,000 after buying an additional 1,833 shares in the last quarter. Diligent Investors LLC raised its position in shares of Exxon Mobil by 59.5% in the second quarter. Diligent Investors LLC now owns 13,580 shares of the oil and gas company's stock valued at $1,563,000 after buying an additional 5,066 shares during the last quarter. Finally, FLC Capital Advisors lifted its stake in shares of Exxon Mobil by 9.4% in the second quarter. FLC Capital Advisors now owns 43,788 shares of the oil and gas company's stock worth $5,041,000 after buying an additional 3,775 shares in the last quarter. 61.80% of the stock is owned by institutional investors and hedge funds.

Exxon Mobil Trading Down 0.6 %

Exxon Mobil stock traded down $0.65 during midday trading on Monday, reaching $112.92. 17,363,003 shares of the stock traded hands, compared to its average volume of 16,231,104. The company has a current ratio of 1.35, a quick ratio of 1.01 and a debt-to-equity ratio of 0.13. The firm has a market cap of $496.29 billion, a PE ratio of 14.28, a price-to-earnings-growth ratio of 4.77 and a beta of 0.89. The company has a 50-day simple moving average of $119.77 and a two-hundred day simple moving average of $116.47. Exxon Mobil Co. has a 12-month low of $95.77 and a 12-month high of $126.34.

Exxon Mobil (NYSE:XOM - Get Free Report) last announced its quarterly earnings data on Friday, November 1st. The oil and gas company reported $1.92 earnings per share for the quarter, beating analysts' consensus estimates of $1.91 by $0.01. The firm had revenue of $90.02 billion during 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 quarterly revenue was down .8% compared to the same quarter last year. During the same quarter in the previous year, the business posted $2.27 earnings per share. Research analysts expect 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 paid a $0.99 dividend. This is a boost from Exxon Mobil's previous quarterly dividend of $0.95. This represents a $3.96 annualized dividend and a dividend yield of 3.51%. The ex-dividend date is Thursday, November 14th. Exxon Mobil's dividend payout ratio (DPR) is presently 49.32%.

Wall Street Analysts Forecast Growth

A number of analysts have commented on the stock. Morgan Stanley cut their price objective on shares of Exxon Mobil from $142.00 to $140.00 in a report on Thursday, October 31st. Scotiabank upgraded Exxon Mobil from a "sector perform" rating to a "sector outperform" rating and lifted their price objective for the stock from $129.00 to $145.00 in a research report on Thursday, October 10th. JPMorgan Chase & Co. upped their target price on Exxon Mobil from $127.00 to $128.00 in a report on Thursday, October 31st. The Goldman Sachs Group lifted their price target on Exxon Mobil from $118.00 to $120.00 in a report on Thursday, October 31st. Finally, Truist Financial dropped their price objective on shares of Exxon Mobil from $121.00 to $117.00 and set a "hold" rating for the company in a report on Monday, September 30th. One equities research analyst has rated the stock with a sell rating, eight have assigned a hold rating, nine have issued a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, Exxon Mobil presently has an average rating of "Moderate Buy" and a consensus 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.