1,922 Shares in Exxon Mobil Co. (NYSE:XOM) Purchased by Omega Financial Group LLC

Omega Financial Group LLC acquired a new stake in Exxon Mobil Co. (NYSE:XOM) in the first quarter, according to the company in its most recent filing with the SEC. The firm acquired 1,922 shares of the oil and gas company’s stock, valued at approximately $223,000.

A number of other large investors have also added to or reduced their stakes in the business. PFS Partners LLC lifted its holdings in Exxon Mobil by 0.5% during the first quarter. PFS Partners LLC now owns 18,836 shares of the oil and gas company’s stock valued at $2,190,000 after purchasing an additional 89 shares during the last quarter. Auxier Asset Management lifted its holdings in Exxon Mobil by 0.8% during the third quarter. Auxier Asset Management now owns 12,963 shares of the oil and gas company’s stock valued at $1,524,000 after purchasing an additional 97 shares during the last quarter. Boltwood Capital Management lifted its holdings in Exxon Mobil by 0.4% during the fourth quarter. Boltwood Capital Management now owns 25,445 shares of the oil and gas company’s stock valued at $2,544,000 after purchasing an additional 98 shares during the last quarter. Stolper Co lifted its holdings in Exxon Mobil by 0.4% during the first quarter. Stolper Co now owns 23,809 shares of the oil and gas company’s stock valued at $2,768,000 after purchasing an additional 98 shares during the last quarter. Finally, CMG Global Holdings LLC lifted its holdings in Exxon Mobil by 0.4% during the fourth quarter. CMG Global Holdings LLC now owns 23,939 shares of the oil and gas company’s stock valued at $2,483,000 after purchasing an additional 99 shares during the last quarter. Institutional investors own 61.80% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts have recently weighed in on XOM shares. Morgan Stanley reiterated an “overweight” rating and set a $145.00 price target on shares of Exxon Mobil in a research report on Wednesday, May 15th. UBS Group upped their price target on Exxon Mobil from $152.00 to $154.00 and gave the company a “buy” rating in a research report on Tuesday, June 25th. Barclays started coverage on Exxon Mobil in a research report on Wednesday, April 10th. They set an “overweight” rating and a $147.00 price target on the stock. TD Cowen upped their price target on Exxon Mobil from $128.00 to $135.00 and gave the company a “buy” rating in a research report on Tuesday, April 30th. Finally, Wells Fargo & Company upped their price target on Exxon Mobil from $138.00 to $142.00 and gave the company an “overweight” rating in a research report on Tuesday, April 30th. Nine investment analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company. Based on data from MarketBeat, Exxon Mobil has a consensus rating of “Moderate Buy” and an average target price of $133.82.

Insiders Place Their Bets

In other news, VP Darrin L. Talley sold 2,426 shares of the stock in a transaction that occurred on Monday, April 29th. The stock was sold at an average price of $119.01, for a total transaction of $288,718.26. Following the completion of the sale, the vice president now owns 25,363 shares of the company’s stock, valued at $3,018,450.63. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. 0.03% of the stock is owned by insiders.

Exxon Mobil Stock Down 0.1 %

Shares of XOM opened at $114.96 on Tuesday. The firm has a market cap of $453.29 billion, a P/E ratio of 14.09, a P/E/G ratio of 4.14 and a beta of 0.91. The stock has a 50 day simple moving average of $115.25 and a two-hundred day simple moving average of $109.72. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.38 and a quick ratio of 1.06. Exxon Mobil Co. has a 1 year low of $95.77 and a 1 year high of $123.75.

Exxon Mobil (NYSE:XOM) last issued its earnings results on Friday, April 26th. The oil and gas company reported $2.06 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.19 by ($0.13). The firm had revenue of $83.08 billion during the quarter, compared to analysts’ expectations of $79.69 billion. Exxon Mobil had a return on equity of 16.75% and a net margin of 9.62%. The firm’s quarterly revenue was down 4.0% compared to the same quarter last year. During the same period in the prior year, the company earned $2.83 EPS. On average, analysts forecast that Exxon Mobil Co. will post 9.28 earnings per share for the current fiscal year.

Exxon Mobil Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, June 10th. Shareholders of record on Wednesday, May 15th were paid a $0.95 dividend. This represents a $3.80 annualized dividend and a yield of 3.31%. The ex-dividend date was Tuesday, May 14th. Exxon Mobil’s dividend payout ratio is currently 46.57%.

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.