Exxon Mobil Corporation $XOM Shares Purchased by Warburton Capital Management LLC

Warburton Capital Management LLC lifted its position in Exxon Mobil Corporation (NYSE:XOM) by 4.5% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 4,611 shares of the oil and gas company’s stock after acquiring an additional 200 shares during the period. Exxon Mobil accounts for 0.3% of Warburton Capital Management LLC’s holdings, making the stock its 24th largest position. Warburton Capital Management LLC’s holdings in Exxon Mobil were worth $520,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. Graybill Wealth Management LTD. acquired a new stake in shares of Exxon Mobil in the first quarter worth approximately $29,000. Elequin Capital LP acquired a new position in Exxon Mobil during the first quarter worth $31,000. Clal Insurance Enterprises Holdings Ltd boosted its stake in Exxon Mobil by 396.7% during the first quarter. Clal Insurance Enterprises Holdings Ltd now owns 298 shares of the oil and gas company’s stock worth $35,000 after buying an additional 238 shares during the last quarter. Game Plan Financial Advisors LLC boosted its stake in Exxon Mobil by 1,500.0% during the first quarter. Game Plan Financial Advisors LLC now owns 320 shares of the oil and gas company’s stock worth $38,000 after buying an additional 300 shares during the last quarter. Finally, Marshall & Sullivan Inc. WA acquired a new position in Exxon Mobil during the second quarter worth $38,000. 61.80% of the stock is owned by institutional investors and hedge funds.

Exxon Mobil Price Performance

XOM opened at $115.39 on Friday. The stock’s 50-day moving average price is $112.58 and its 200 day moving average price is $109.54. Exxon Mobil Corporation has a 12-month low of $97.80 and a 12-month high of $123.21. The company has a current ratio of 1.25, a quick ratio of 0.88 and a debt-to-equity ratio of 0.12. The firm has a market cap of $491.94 billion, a price-to-earnings ratio of 16.39, a PEG ratio of 2.05 and a beta of 0.51.

Exxon Mobil (NYSE:XOM) last posted its earnings results on Friday, June 17th. The oil and gas company reported $0.65 earnings per share (EPS) for the quarter. Exxon Mobil had a return on equity of 11.34% and a net margin of 9.17%.The firm had revenue of $57.55 billion for the quarter. As a group, sell-side analysts expect that Exxon Mobil Corporation will post 7.43 earnings per share for the current year.

Exxon Mobil Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, September 10th. Investors of record on Friday, August 15th were paid a dividend of $0.99 per share. The ex-dividend date of this dividend was Friday, August 15th. This represents a $3.96 annualized dividend and a yield of 3.4%. Exxon Mobil’s dividend payout ratio is presently 56.25%.

Insider Transactions at Exxon Mobil

In related news, VP Darrin L. Talley sold 2,158 shares of the stock in a transaction dated Friday, August 22nd. The stock was sold at an average price of $110.45, for a total transaction of $238,351.10. Following the transaction, the vice president owned 13,829 shares of the company’s stock, valued at approximately $1,527,413.05. This represents a 13.50% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 0.03% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts have weighed in on the company. Morgan Stanley boosted their price objective on Exxon Mobil from $134.00 to $135.00 and gave the stock an “overweight” rating in a research note on Monday, August 4th. Wall Street Zen raised Exxon Mobil from a “sell” rating to a “hold” rating in a research note on Saturday, September 13th. Scotiabank reissued an “outperform” rating on shares of Exxon Mobil in a research note on Thursday, October 9th. Wells Fargo & Company initiated coverage on Exxon Mobil in a research note on Friday, October 17th. They set an “overweight” rating and a $156.00 price objective on the stock. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Exxon Mobil in a research note on Friday. Two research analysts have rated the stock with a Strong Buy rating, eight have given a Buy rating and ten have assigned a Hold rating to the company. According to data from MarketBeat.com, Exxon Mobil currently has a consensus rating of “Moderate Buy” and an average target price of $127.58.

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.