Opus Capital Group LLC Boosts Holdings in Exxon Mobil Corporation $XOM

Opus Capital Group LLC boosted its position in Exxon Mobil Corporation (NYSE:XOM) by 3.4% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 7,615 shares of the oil and gas company’s stock after purchasing an additional 253 shares during the quarter. Opus Capital Group LLC’s holdings in Exxon Mobil were worth $821,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also bought and sold shares of XOM. Graybill Wealth Management LTD. purchased a new stake in Exxon Mobil in the 1st quarter worth approximately $29,000. Elequin Capital LP bought a new position in shares of Exxon Mobil in the 1st quarter worth $31,000. Clal Insurance Enterprises Holdings Ltd increased its holdings in shares of Exxon Mobil by 396.7% in the 1st 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 increased its holdings in shares of Exxon Mobil by 1,500.0% in the 1st 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 bought a new position in shares of Exxon Mobil in the 2nd quarter worth $38,000. 61.80% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

XOM has been the topic of a number of research analyst reports. Weiss Ratings reissued a “hold (c)” rating on shares of Exxon Mobil in a report on Friday. Barclays decreased their price target on shares of Exxon Mobil from $127.00 to $126.00 and set an “overweight” rating on the stock in a report on Tuesday, October 7th. Scotiabank reissued an “outperform” rating on shares of Exxon Mobil in a report on Thursday, October 9th. Bank of America increased their price target on shares of Exxon Mobil from $113.00 to $120.00 and gave the stock a “neutral” rating in a report on Wednesday, September 10th. Finally, Wells Fargo & Company started coverage on shares of Exxon Mobil in a report on Friday, October 17th. They issued an “overweight” rating and a $156.00 price target on the stock. Two analysts have rated the stock with a Strong Buy rating, eight have given a Buy rating and ten have issued a Hold rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $127.58.

Insider Transactions at Exxon Mobil

In other Exxon Mobil news, VP Darrin L. Talley sold 2,158 shares of the firm’s stock in a transaction on Friday, August 22nd. The shares were sold at an average price of $110.45, for a total value of $238,351.10. Following the sale, the vice president owned 13,829 shares of the company’s stock, valued at $1,527,413.05. This trade represents a 13.50% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 0.03% of the stock is currently owned by company insiders.

Exxon Mobil Stock Performance

NYSE XOM opened at $115.39 on Friday. The company has a 50-day simple moving average of $112.58 and a two-hundred day simple moving average of $109.54. The company has a quick ratio of 0.88, a current ratio of 1.25 and a debt-to-equity ratio of 0.12. Exxon Mobil Corporation has a 12-month low of $97.80 and a 12-month high of $123.21. 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 quarterly 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 net margin of 9.17% and a return on equity of 11.34%. The business had revenue of $57.55 billion during the quarter. On average, equities analysts forecast that Exxon Mobil Corporation will post 7.43 EPS for the current year.

Exxon Mobil Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, September 10th. Shareholders of record on Friday, August 15th were issued a $0.99 dividend. This represents a $3.96 dividend on an annualized basis and a yield of 3.4%. The ex-dividend date of this dividend was Friday, August 15th. Exxon Mobil’s dividend payout ratio (DPR) is 56.25%.

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.