Personal CFO Solutions LLC increased its stake in Exxon Mobil Corporation (NYSE:XOM – Free Report) by 5.5% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 29,261 shares of the oil and gas company’s stock after buying an additional 1,534 shares during the period. Exxon Mobil accounts for 0.7% of Personal CFO Solutions LLC’s portfolio, making the stock its 20th largest position. Personal CFO Solutions LLC’s holdings in Exxon Mobil were worth $3,480,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other institutional investors also recently bought and sold shares of the company. AlphaStar Capital Management LLC increased its stake in shares of Exxon Mobil by 7.0% during the first quarter. AlphaStar Capital Management LLC now owns 81,332 shares of the oil and gas company’s stock valued at $9,673,000 after purchasing an additional 5,303 shares in the last quarter. Valeo Financial Advisors LLC increased its position in shares of Exxon Mobil by 0.8% during the first quarter. Valeo Financial Advisors LLC now owns 113,672 shares of the oil and gas company’s stock valued at $13,519,000 after acquiring an additional 862 shares in the last quarter. BXM Wealth LLC increased its position in shares of Exxon Mobil by 6.9% during the first quarter. BXM Wealth LLC now owns 4,422 shares of the oil and gas company’s stock valued at $526,000 after acquiring an additional 287 shares in the last quarter. 49 Wealth Management LLC increased its position in shares of Exxon Mobil by 9.6% during the first quarter. 49 Wealth Management LLC now owns 12,080 shares of the oil and gas company’s stock valued at $1,437,000 after acquiring an additional 1,057 shares in the last quarter. Finally, Stratos Wealth Advisors LLC increased its position in shares of Exxon Mobil by 0.5% during the first quarter. Stratos Wealth Advisors LLC now owns 44,276 shares of the oil and gas company’s stock valued at $5,266,000 after acquiring an additional 241 shares in the last quarter. 61.80% of the stock is owned by institutional investors.
Exxon Mobil Stock Down 0.3%
XOM opened at $113.80 on Thursday. The company has a debt-to-equity ratio of 0.12, a quick ratio of 0.90 and a current ratio of 1.24. The stock has a market cap of $490.44 billion, a price-to-earnings ratio of 15.09, a price-to-earnings-growth ratio of 2.19 and a beta of 0.50. The firm’s fifty day moving average is $107.65 and its 200 day moving average is $108.66. Exxon Mobil Corporation has a fifty-two week low of $97.80 and a fifty-two week high of $126.34.
Exxon Mobil Announces Dividend
The firm also recently announced a quarterly dividend, which was paid on Tuesday, June 10th. Stockholders of record on Thursday, May 15th were issued a $0.99 dividend. The ex-dividend date of this dividend was Thursday, May 15th. This represents a $3.96 dividend on an annualized basis and a dividend yield of 3.48%. Exxon Mobil’s dividend payout ratio (DPR) is presently 52.52%.
Wall Street Analysts Forecast Growth
Several equities research analysts recently issued reports on the stock. Mizuho dropped their target price on shares of Exxon Mobil from $129.00 to $124.00 and set a “neutral” rating on the stock in a report on Tuesday, May 13th. Morgan Stanley dropped their target price on shares of Exxon Mobil from $141.00 to $138.00 and set an “overweight” rating on the stock in a report on Thursday, March 27th. TD Cowen raised their target price on shares of Exxon Mobil from $120.00 to $128.00 and gave the stock a “buy” rating in a report on Monday, June 23rd. Wall Street Zen upgraded shares of Exxon Mobil from a “sell” rating to a “hold” rating in a report on Friday, June 27th. Finally, UBS Group dropped their price target on shares of Exxon Mobil from $135.00 to $131.00 and set a “buy” rating on the stock in a research note on Monday, April 14th. One analyst has rated the stock with a sell rating, ten have given a hold rating, ten have given a buy rating and two have issued a strong buy rating to the company’s stock. According to data from MarketBeat.com, Exxon Mobil presently has a consensus rating of “Moderate Buy” and a consensus target price of $125.55.
Get Our Latest Analysis on XOM
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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