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

OneDigital Investment Advisors LLC increased its holdings in Exxon Mobil Co. (NYSE:XOM) by 10.9% during the third quarter, Holdings Channel reports. The firm 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 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the business. Patron Partners LLC boosted its stake in Exxon Mobil by 7.4% during the second quarter. Patron Partners LLC now owns 37,297 shares of the oil and gas company’s stock valued at $4,294,000 after buying an additional 2,564 shares during the last quarter. Global Wealth Management Investment Advisory Inc. boosted its position in shares of Exxon Mobil by 10.7% during the 3rd quarter. Global Wealth Management Investment Advisory Inc. now owns 47,195 shares of the oil and gas company’s stock valued at $5,532,000 after acquiring an additional 4,578 shares during the last quarter. YHB Investment Advisors Inc. grew its holdings in shares of Exxon Mobil by 5.9% in the second quarter. YHB Investment Advisors Inc. now owns 32,751 shares of the oil and gas company’s stock valued at $3,770,000 after purchasing an additional 1,836 shares in the last quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp increased its position in Exxon Mobil by 79.4% in the second quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp now owns 859,226 shares of the oil and gas company’s stock worth $98,914,000 after purchasing an additional 380,399 shares during the last quarter. Finally, Blair William & Co. IL raised its stake in Exxon Mobil by 64.6% during the second quarter. Blair William & Co. IL now owns 967,618 shares of the oil and gas company’s stock valued at $111,392,000 after purchasing an additional 379,747 shares in the last quarter. 61.80% of the stock is currently owned by institutional investors.

Exxon Mobil Trading Up 0.1 %

Shares of NYSE XOM opened at $120.57 on Friday. Exxon Mobil Co. has a twelve month low of $95.77 and a twelve month high of $126.34. The firm has a market cap of $529.92 billion, a PE ratio of 15.01, a price-to-earnings-growth ratio of 5.09 and a beta of 0.90. The business has a fifty day simple moving average of $118.21 and a two-hundred day simple moving average of $116.38. The company has a quick ratio of 1.01, a current ratio of 1.35 and a debt-to-equity ratio of 0.13.

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 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 firm had revenue of $90.02 billion during the quarter, compared to the consensus estimate of $93.98 billion. During the same period in the previous year, the company posted $2.27 earnings per share. The firm’s quarterly revenue was down .8% on a year-over-year basis. Analysts expect that Exxon Mobil Co. will post 7.95 earnings per share 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 issued a dividend of $0.99 per share. This represents a $3.96 annualized dividend and a yield of 3.28%. This is a positive change from Exxon Mobil’s previous quarterly dividend of $0.95. The ex-dividend date of this dividend is Thursday, November 14th. Exxon Mobil’s dividend payout ratio (DPR) is presently 47.32%.

Analyst Upgrades and Downgrades

Several analysts have recently issued reports on the stock. Redburn Atlantic restated a “neutral” rating and set a $120.00 target price (up from $119.00) on shares of Exxon Mobil in a research report on Tuesday, September 24th. Barclays decreased their price objective on Exxon Mobil from $142.00 to $137.00 and set an “overweight” rating on the stock in a research report on Thursday, October 3rd. Royal Bank of Canada reissued a “sector perform” rating and set a $120.00 target price on shares of Exxon Mobil in a research report on Monday, November 4th. Mizuho raised their price target on Exxon Mobil from $128.00 to $130.00 and gave the stock a “neutral” rating in a research report on Monday, September 16th. Finally, Scotiabank upgraded shares of Exxon Mobil from a “sector perform” rating to a “sector outperform” rating and boosted their price objective for the company from $129.00 to $145.00 in a research report on Thursday, October 10th. One research analyst has rated the stock with a sell rating, eight have assigned a hold rating, ten have issued a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $129.95.

About Exxon Mobil

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.