Tudor Financial Inc. Purchases New Position in Exxon Mobil Co. (NYSE:XOM)

Tudor Financial Inc. bought a new position in Exxon Mobil Co. (NYSE:XOM - Free Report) in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm bought 9,396 shares of the oil and gas company's stock, valued at approximately $1,101,000.

Other hedge funds also recently made changes to their positions in the company. Fairway Wealth LLC acquired a new position in Exxon Mobil during the 2nd quarter valued at approximately $35,000. Anfield Capital Management LLC boosted its position 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 acquired a new position in Exxon Mobil during the 2nd quarter valued at approximately $39,000. POM Investment Strategies LLC boosted its position in 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 worth $43,000 after acquiring an additional 340 shares during the period. Finally, Hershey Financial Advisers LLC acquired a new position in Exxon Mobil during the 2nd quarter worth $46,000. Institutional investors and hedge funds own 61.80% of the company's stock.

Exxon Mobil Trading Down 0.1 %

XOM traded down $0.10 during trading on Thursday, reaching $111.82. The company had a trading volume of 14,483,953 shares, compared to its average volume of 16,311,505. The firm's 50-day simple moving average is $119.34 and its 200 day simple moving average is $116.43. The company has a market cap of $491.46 billion, a price-to-earnings ratio of 13.87, a PEG ratio of 4.74 and a beta of 0.89. Exxon Mobil Co. has a 12-month low of $95.77 and a 12-month high of $126.34. The company has a debt-to-equity ratio of 0.13, a quick ratio of 1.01 and a current ratio of 1.35.

Exxon Mobil (NYSE:XOM - Get Free Report) last released its earnings results on Friday, November 1st. The oil and gas company reported $1.92 earnings per share 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 quarter in the previous year, the business posted $2.27 EPS. The business's revenue for the quarter was down .8% on a year-over-year basis. Equities research analysts anticipate that Exxon Mobil Co. will post 7.94 earnings per share for the current year.

Exxon Mobil Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, December 10th. Shareholders of record on Thursday, November 14th were paid a dividend of $0.99 per share. This represents a $3.96 annualized dividend and a yield of 3.54%. The ex-dividend date of this dividend was Thursday, November 14th. This is a boost from Exxon Mobil's previous quarterly dividend of $0.95. Exxon Mobil's payout ratio is 49.32%.

Wall Street Analyst Weigh In

A number of research analysts have issued reports on the company. Wolfe Research boosted their price target on Exxon Mobil from $137.00 to $138.00 in a research report on Thursday, October 31st. Barclays reduced their price target 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. TD Cowen boosted their price target on Exxon Mobil from $127.00 to $132.00 and gave the stock a "buy" rating in a research report on Tuesday, November 19th. The Goldman Sachs Group boosted their price target on Exxon Mobil from $118.00 to $120.00 in a research report on Thursday, October 31st. Finally, UBS Group dropped their price objective on Exxon Mobil from $149.00 to $147.00 and set a "buy" rating on the stock in a research note on Thursday. One analyst has rated the stock with a sell rating, eight have issued a hold rating, nine have assigned a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average target price of $129.84.

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.