Mitchell Mcleod Pugh & Williams Inc. Acquires 136 Shares of Exxon Mobil Co. (NYSE:XOM)

Mitchell Mcleod Pugh & Williams Inc. boosted its holdings in Exxon Mobil Co. (NYSE:XOM) by 0.4% during the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 37,509 shares of the oil and gas company’s stock after acquiring an additional 136 shares during the quarter. Exxon Mobil accounts for about 0.9% of Mitchell Mcleod Pugh & Williams Inc.’s investment portfolio, making the stock its 23rd largest position. Mitchell Mcleod Pugh & Williams Inc.’s holdings in Exxon Mobil were worth $4,397,000 as of its most recent SEC filing.

Other large investors have also recently modified their holdings of the company. FPC Investment Advisory Inc. bought a new stake in shares of Exxon Mobil in the 1st quarter worth approximately $25,000. Fairway Wealth LLC bought a new position in shares of Exxon Mobil during the second quarter valued at about $35,000. Anfield Capital Management LLC lifted its stake in shares of Exxon Mobil by 360.0% in 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 last quarter. Fairscale Capital LLC bought a new position in Exxon Mobil during the 2nd quarter worth approximately $39,000. Finally, POM Investment Strategies LLC increased its stake 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 purchasing an additional 340 shares during the period. Institutional investors own 61.80% of the company’s stock.

Analysts Set New Price Targets

Several brokerages have weighed in on XOM. Barclays dropped their price target on shares of Exxon Mobil from $142.00 to $137.00 and set an “overweight” rating for the company in a research report on Thursday, October 3rd. The Goldman Sachs Group increased their price objective on Exxon Mobil from $118.00 to $120.00 in a report on Thursday, October 31st. Wolfe Research boosted their target price on Exxon Mobil from $137.00 to $138.00 in a research note on Thursday, October 31st. Morgan Stanley dropped their price target on Exxon Mobil from $142.00 to $140.00 in a research note on Thursday, October 31st. Finally, BNP Paribas lowered shares of Exxon Mobil from a “neutral” rating to an “underperform” rating and set a $105.00 price objective for the company. in a report on Wednesday, October 9th. One equities research analyst has rated the stock with a sell rating, eight have issued a hold rating, ten have issued a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat, Exxon Mobil presently has a consensus rating of “Moderate Buy” and an average target price of $129.95.

Exxon Mobil Trading Down 0.5 %

NYSE XOM opened at $120.47 on Tuesday. The stock’s fifty day moving average price is $117.91 and its 200-day moving average price is $116.33. 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 stock has a market cap of $529.48 billion, a P/E ratio of 15.00, a P/E/G ratio of 5.08 and a beta of 0.90. Exxon Mobil Co. has a 12 month low of $95.77 and a 12 month high of $126.34.

Exxon Mobil (NYSE:XOM) last released 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 business had revenue of $90.02 billion during the quarter, compared to analyst estimates of $93.98 billion. Exxon Mobil had a net margin of 9.61% and a return on equity of 14.73%. Exxon Mobil’s revenue was down .8% compared to the same quarter last year. During the same period last year, the business earned $2.27 EPS. As a group, equities analysts forecast that Exxon Mobil Co. will post 7.95 EPS for the current fiscal year.

Exxon Mobil Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 10th. Investors of record on Thursday, November 14th will be given a dividend of $0.99 per share. The ex-dividend date of this dividend is Thursday, November 14th. 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 3.29%. Exxon Mobil’s dividend payout ratio (DPR) is 47.32%.

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.