Exxon Mobil Co. (NYSE:XOM) Stock Holdings Boosted by Caprock Group LLC

Caprock Group LLC boosted its position in Exxon Mobil Co. (NYSE:XOM) by 12.7% during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 114,614 shares of the oil and gas company’s stock after purchasing an additional 12,942 shares during the quarter. Caprock Group LLC’s holdings in Exxon Mobil were worth $13,435,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Pathstone Holdings LLC raised its stake in Exxon Mobil by 0.7% during the 3rd quarter. Pathstone Holdings LLC now owns 486,062 shares of the oil and gas company’s stock valued at $56,976,000 after acquiring an additional 3,241 shares in the last quarter. Aviance Capital Partners LLC increased its holdings in shares of Exxon Mobil by 0.5% during the third quarter. Aviance Capital Partners LLC now owns 62,104 shares of the oil and gas company’s stock valued at $7,280,000 after purchasing an additional 300 shares during the period. Windle Wealth LLC raised its stake in shares of Exxon Mobil by 8.6% during the third quarter. Windle Wealth LLC now owns 58,926 shares of the oil and gas company’s stock valued at $6,907,000 after purchasing an additional 4,672 shares in the last quarter. Nixon Peabody Trust Co. lifted its holdings in Exxon Mobil by 0.8% in the third quarter. Nixon Peabody Trust Co. now owns 115,265 shares of the oil and gas company’s stock worth $13,511,000 after purchasing an additional 878 shares during the period. Finally, Semus Wealth Partners LLC grew its position in Exxon Mobil by 4.8% in the 3rd quarter. Semus Wealth Partners LLC now owns 3,544 shares of the oil and gas company’s stock valued at $415,000 after buying an additional 163 shares in the last quarter. Institutional investors own 61.80% of the company’s stock.

Analysts Set New Price Targets

A number of analysts have recently weighed in on XOM shares. JPMorgan Chase & Co. upped their price target on shares of Exxon Mobil from $127.00 to $128.00 in a research note on Thursday, October 31st. Morgan Stanley decreased their price target on Exxon Mobil from $142.00 to $140.00 in a research note on Thursday, October 31st. Wells Fargo & Company upped their price objective on Exxon Mobil from $135.00 to $136.00 and gave the company an “overweight” rating in a report on Friday, September 27th. Redburn Atlantic restated a “neutral” rating and issued a $120.00 price target (up previously from $119.00) on shares of Exxon Mobil in a research report on Tuesday, September 24th. Finally, Scotiabank upgraded Exxon Mobil from a “sector perform” rating to a “sector outperform” rating and increased their price objective for the company from $129.00 to $145.00 in a research report on Thursday, October 10th. One investment analyst has rated the stock with a sell rating, eight have assigned a hold rating, ten have assigned a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $129.95.

Exxon Mobil Stock Up 0.9 %

XOM stock opened at $120.33 on Tuesday. The company has a market cap of $528.86 billion, a price-to-earnings ratio of 14.99, a PEG ratio of 5.00 and a beta of 0.90. The company has a 50 day moving average of $118.59 and a two-hundred day moving average of $116.42. 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 Co. has a 12-month low of $95.77 and a 12-month high of $126.34.

Exxon Mobil (NYSE:XOM) last announced its quarterly earnings results on Friday, November 1st. The oil and gas company reported $1.92 EPS for the quarter, topping the consensus estimate of $1.91 by $0.01. The company had revenue of $90.02 billion for 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 quarterly revenue was down .8% on a year-over-year basis. During the same quarter in the prior year, the business posted $2.27 EPS. On average, equities analysts anticipate that Exxon Mobil Co. will post 7.95 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 issued a dividend of $0.99 per share. 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. This represents a $3.96 dividend on an annualized basis and a dividend yield of 3.29%. Exxon Mobil’s dividend payout ratio is currently 49.32%.

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.