Capital Advisors Ltd. LLC Acquires 572 Shares of Exxon Mobil Co. (NYSE:XOM)

Capital Advisors Ltd. LLC boosted its holdings in shares of Exxon Mobil Co. (NYSE:XOM) by 10.5% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 6,039 shares of the oil and gas company’s stock after purchasing an additional 572 shares during the period. Capital Advisors Ltd. LLC’s holdings in Exxon Mobil were worth $702,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Partnership Wealth Management LLC acquired a new position in shares of Exxon Mobil during the fourth quarter worth $46,000. Vima LLC acquired a new position in shares of Exxon Mobil during the fourth quarter worth $50,000. Orion Capital Management LLC acquired a new position in shares of Exxon Mobil during the third quarter worth $91,000. Keener Financial Planning LLC acquired a new position in shares of Exxon Mobil during the fourth quarter worth $80,000. Finally, Neo Ivy Capital Management acquired a new position in shares of Exxon Mobil during the fourth quarter worth $80,000. 61.80% of the stock is currently owned by institutional investors.

Exxon Mobil Stock Performance

XOM stock opened at $114.81 on Thursday. The stock has a 50-day moving average price of $115.00 and a 200-day moving average price of $109.91. Exxon Mobil Co. has a 1-year low of $95.77 and a 1-year high of $123.75. The company has a current ratio of 1.38, a quick ratio of 1.06 and a debt-to-equity ratio of 0.15. The firm has a market cap of $452.70 billion, a PE ratio of 14.07, a price-to-earnings-growth ratio of 4.14 and a beta of 0.91.

Exxon Mobil (NYSE:XOM) last posted its quarterly earnings data on Friday, April 26th. The oil and gas company reported $2.06 earnings per share for the quarter, missing the consensus estimate of $2.19 by ($0.13). Exxon Mobil had a return on equity of 16.75% and a net margin of 9.62%. The business had revenue of $83.08 billion during the quarter, compared to the consensus estimate of $79.69 billion. During the same period last year, the business posted $2.83 earnings per share. The business’s revenue was down 4.0% on a year-over-year basis. As a group, equities research analysts expect that Exxon Mobil Co. will post 9.28 earnings per share for the current year.

Exxon Mobil Announces Dividend

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

Analyst Upgrades and Downgrades

Several research analysts have recently issued reports on XOM shares. Morgan Stanley reiterated an “overweight” rating and set a $145.00 price target on shares of Exxon Mobil in a report on Wednesday, May 15th. Scotiabank increased their price objective on Exxon Mobil from $114.00 to $129.00 and gave the company a “sector perform” rating in a report on Thursday, April 11th. HSBC increased their price objective on Exxon Mobil from $111.00 to $120.00 and gave the company a “hold” rating in a report on Tuesday, April 30th. TD Cowen increased their price objective on Exxon Mobil from $128.00 to $135.00 and gave the company a “buy” rating in a report on Tuesday, April 30th. Finally, Truist Financial restated a “hold” rating and issued a $124.00 price objective (down from $146.00) on shares of Exxon Mobil in a report on Friday, June 7th. Nine investment analysts have rated the stock with a hold rating and ten have given a buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $133.82.

Insider Activity

In other news, VP Darrin L. Talley sold 2,426 shares of the firm’s stock in a transaction dated Monday, April 29th. The stock was sold at an average price of $119.01, for a total value of $288,718.26. Following the completion of the sale, the vice president now directly owns 25,363 shares in the company, valued at approximately $3,018,450.63. The sale was disclosed in a document filed with the SEC, which is accessible through this link. 0.03% of the stock is currently owned by company insiders.

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.