Certified Advisory Corp Acquires 515 Shares of Exxon Mobil Co. (NYSE:XOM)

Certified Advisory Corp raised its holdings in Exxon Mobil Co. (NYSE:XOM) by 4.9% in the 3rd quarter, HoldingsChannel reports. The firm owned 10,933 shares of the oil and gas company’s stock after purchasing an additional 515 shares during the quarter. Certified Advisory Corp’s holdings in Exxon Mobil were worth $1,282,000 at the end of the most recent reporting period.

Other institutional investors have also recently bought and sold shares of the company. Fairway Wealth LLC bought a new position in Exxon Mobil in the 2nd quarter valued at $35,000. Anfield Capital Management LLC raised its position in shares of Exxon Mobil by 360.0% during the second quarter. Anfield Capital Management LLC now owns 322 shares of the oil and gas company’s stock worth $37,000 after acquiring an additional 252 shares during the last quarter. Fairscale Capital LLC bought a new stake in shares of Exxon Mobil during the second quarter worth $39,000. POM Investment Strategies LLC raised its position in shares of Exxon Mobil by 918.9% during the second 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 last quarter. Finally, Hershey Financial Advisers LLC bought a new stake in shares of Exxon Mobil during the second quarter worth $46,000. Institutional investors own 61.80% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently weighed in on XOM shares. JPMorgan Chase & Co. boosted their target price on Exxon Mobil from $127.00 to $128.00 in a research report on Thursday, October 31st. The Goldman Sachs Group increased their target price on Exxon Mobil from $118.00 to $120.00 in a research note on Thursday, October 31st. Scotiabank raised Exxon Mobil from a “sector perform” rating to a “sector outperform” rating and increased their target price for the company from $129.00 to $145.00 in a research note on Thursday, October 10th. Wolfe Research increased their target price on Exxon Mobil from $137.00 to $138.00 in a research note on Thursday, October 31st. Finally, Barclays cut their target price on Exxon Mobil from $142.00 to $137.00 and set an “overweight” rating on the stock in a research note on Thursday, October 3rd. One analyst has rated the stock with a sell rating, eight have given a hold rating, ten have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $130.21.

Exxon Mobil Stock Down 0.1 %

XOM stock opened at $121.79 on Friday. The company has a quick ratio of 1.01, a current ratio of 1.35 and a debt-to-equity ratio of 0.13. The business has a 50 day moving average price of $119.39 and a two-hundred day moving average price of $116.54. The company has a market cap of $535.26 billion, a price-to-earnings ratio of 15.17, a P/E/G ratio of 5.10 and a beta of 0.90. Exxon Mobil Co. has a twelve month low of $95.77 and a twelve 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 (EPS) for the quarter, beating analysts’ consensus estimates 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 during the quarter, compared to analysts’ expectations of $93.98 billion. During the same period last year, the firm posted $2.27 earnings per share. The business’s revenue was down .8% on a year-over-year basis. Analysts anticipate that Exxon Mobil Co. will post 7.96 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. Stockholders of record on Thursday, November 14th will be given a $0.99 dividend. This represents a $3.96 dividend on an annualized basis and a dividend yield of 3.25%. This is a boost from Exxon Mobil’s previous quarterly dividend of $0.95. The ex-dividend date is Thursday, November 14th. Exxon Mobil’s dividend payout ratio (DPR) is presently 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.