Private Capital Advisors Inc. decreased its stake in shares of Exxon Mobil Corporation (NYSE:XOM – Free Report) by 1.8% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 27,815 shares of the oil and gas company’s stock after selling 520 shares during the period. Exxon Mobil makes up about 0.4% of Private Capital Advisors Inc.’s investment portfolio, making the stock its 29th largest holding. Private Capital Advisors Inc.’s holdings in Exxon Mobil were worth $3,308,000 as of its most recent filing with the Securities & Exchange Commission.
Several other large investors also recently made changes to their positions in the stock. 10Elms LLP bought a new position in Exxon Mobil in the fourth quarter valued at $25,000. Capital A Wealth Management LLC bought a new position in Exxon Mobil in the fourth quarter valued at $32,000. Cloud Capital Management LLC bought a new position in Exxon Mobil in the first quarter valued at $45,000. Clarity Asset Management Inc. grew its position in Exxon Mobil by 29.7% in the fourth quarter. Clarity Asset Management Inc. now owns 437 shares of the oil and gas company’s stock valued at $47,000 after purchasing an additional 100 shares in the last quarter. Finally, ZynergyRetirementPlanningLLC grew its position in Exxon Mobil by 29.2% in the first quarter. ZynergyRetirementPlanningLLC now owns 443 shares of the oil and gas company’s stock valued at $53,000 after purchasing an additional 100 shares in the last quarter. Institutional investors own 61.80% of the company’s stock.
Exxon Mobil Price Performance
Shares of Exxon Mobil stock opened at $114.05 on Tuesday. Exxon Mobil Corporation has a twelve month low of $97.80 and a twelve month high of $126.34. The company has a quick ratio of 0.90, a current ratio of 1.24 and a debt-to-equity ratio of 0.12. The company has a 50-day simple moving average of $108.23 and a two-hundred day simple moving average of $108.86. The stock has a market capitalization of $491.52 billion, a price-to-earnings ratio of 15.13, a price-to-earnings-growth ratio of 2.21 and a beta of 0.50.
Exxon Mobil Dividend Announcement
The company also recently announced a quarterly dividend, which was paid on Tuesday, June 10th. Shareholders of record on Thursday, May 15th were issued a $0.99 dividend. This represents a $3.96 annualized dividend and a yield of 3.47%. The ex-dividend date was Thursday, May 15th. Exxon Mobil’s dividend payout ratio is currently 52.52%.
Analysts Set New Price Targets
A number of brokerages have commented on XOM. Piper Sandler increased their price target on shares of Exxon Mobil from $131.00 to $134.00 and gave the company an “overweight” rating in a research note on Tuesday, July 8th. Barclays reiterated a “hold” rating on shares of Exxon Mobil in a research note on Thursday, May 22nd. Wells Fargo & Company set a $127.00 price target on shares of Exxon Mobil and gave the company an “overweight” rating in a research note on Thursday, June 26th. UBS Group cut their price target on shares of Exxon Mobil from $135.00 to $131.00 and set a “buy” rating for the company in a research note on Monday, April 14th. Finally, Royal Bank Of Canada reiterated a “sector perform” rating on shares of Exxon Mobil in a research note on Thursday, May 22nd. One research analyst has rated the stock with a sell rating, ten have issued a hold rating, ten have issued a buy rating and two have given a strong buy rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $126.05.
Read Our Latest Research Report on Exxon Mobil
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.
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