Exxon Mobil Co. (NYSE:XOM) Shares Bought by StoneX Group Inc.

StoneX Group Inc. raised its stake in shares of Exxon Mobil Co. (NYSE:XOM) by 3.8% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 50,432 shares of the oil and gas company’s stock after purchasing an additional 1,862 shares during the quarter. StoneX Group Inc.’s holdings in Exxon Mobil were worth $5,912,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in XOM. Vertex Planning Partners LLC boosted its holdings in shares of Exxon Mobil by 3.1% in the third quarter. Vertex Planning Partners LLC now owns 2,778 shares of the oil and gas company’s stock valued at $326,000 after acquiring an additional 83 shares in the last quarter. Etfidea LLC boosted its holdings in Exxon Mobil by 3.3% in the 2nd quarter. Etfidea LLC now owns 2,669 shares of the oil and gas company’s stock valued at $307,000 after purchasing an additional 85 shares in the last quarter. Bigelow Investment Advisors LLC increased its position in Exxon Mobil by 0.6% during the 2nd quarter. Bigelow Investment Advisors LLC now owns 13,543 shares of the oil and gas company’s stock worth $1,559,000 after purchasing an additional 86 shares during the period. Integral Investment Advisors Inc. raised its stake in shares of Exxon Mobil by 2.1% during the 2nd quarter. Integral Investment Advisors Inc. now owns 4,207 shares of the oil and gas company’s stock worth $483,000 after buying an additional 87 shares in the last quarter. Finally, CBIZ Investment Advisory Services LLC lifted its holdings in shares of Exxon Mobil by 15.2% in the 2nd quarter. CBIZ Investment Advisory Services LLC now owns 660 shares of the oil and gas company’s stock valued at $76,000 after buying an additional 87 shares during the period. Hedge funds and other institutional investors own 61.80% of the company’s stock.

Exxon Mobil Stock Down 0.1 %

Shares of NYSE:XOM 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 company has a market capitalization of $535.28 billion, a P/E ratio of 15.17, a P/E/G ratio of 5.10 and a beta of 0.90. Exxon Mobil Co. has a 52-week low of $95.77 and a 52-week high of $126.34. The stock’s fifty day simple moving average is $119.39 and its 200-day simple moving average is $116.54.

Exxon Mobil (NYSE:XOM) last released its earnings results 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. The company had revenue of $90.02 billion for the quarter, compared to analyst estimates of $93.98 billion. Exxon Mobil had a net margin of 9.61% and a return on equity of 14.73%. The firm’s quarterly revenue was down .8% on a year-over-year basis. During the same period in the prior year, the firm earned $2.27 EPS. As a group, equities research analysts forecast that Exxon Mobil Co. will post 7.96 earnings per share for the current fiscal year.

Exxon Mobil Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, December 10th. Investors of record on Thursday, November 14th will be given a dividend of $0.99 per share. The ex-dividend date of this dividend is Thursday, November 14th. This represents a $3.96 dividend on an annualized basis and a yield of 3.25%. This is a positive change from Exxon Mobil’s previous quarterly dividend of $0.95. Exxon Mobil’s dividend payout ratio (DPR) is 49.32%.

Analysts Set New Price Targets

XOM has been the subject of several research analyst reports. Wells Fargo & Company increased their price objective on Exxon Mobil from $135.00 to $136.00 and gave the stock an “overweight” rating in a research report on Friday, September 27th. UBS Group cut their price target on shares of Exxon Mobil from $157.00 to $149.00 and set a “buy” rating for the company in a report on Wednesday, September 18th. Evercore ISI raised shares of Exxon Mobil to a “strong-buy” rating in a report on Monday, August 5th. Royal Bank of Canada reaffirmed a “sector perform” rating and issued a $120.00 target price on shares of Exxon Mobil in a report on Monday, November 4th. Finally, The Goldman Sachs Group boosted their price target on Exxon Mobil from $118.00 to $120.00 in a research note on Thursday, October 31st. One research analyst has rated the stock with a sell rating, eight have given a hold rating, ten have given a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $130.21.

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.