CAP Partners LLC Has $475,000 Stake in Exxon Mobil Co. (NYSE:XOM)

CAP Partners LLC decreased its position in shares of Exxon Mobil Co. (NYSE:XOM) by 2.7% in the first quarter, Holdings Channel reports. The fund owned 4,089 shares of the oil and gas company’s stock after selling 112 shares during the period. CAP Partners LLC’s holdings in Exxon Mobil were worth $475,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also recently bought and sold shares of XOM. Partnership Wealth Management LLC bought a new position in shares of Exxon Mobil during the 4th quarter worth about $46,000. Vima LLC bought a new position in shares of Exxon Mobil during the 4th quarter worth about $50,000. Keener Financial Planning LLC bought a new position in shares of Exxon Mobil during the 4th quarter worth about $80,000. Neo Ivy Capital Management bought a new position in shares of Exxon Mobil during the 4th quarter worth about $80,000. Finally, Orion Capital Management LLC bought a new position in shares of Exxon Mobil during the 3rd quarter worth about $91,000. Institutional investors and hedge funds own 61.80% of the company’s stock.

Insider Transactions at Exxon Mobil

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

Analyst Ratings Changes

XOM has been the topic of a number of analyst reports. UBS Group upped their target price on shares of Exxon Mobil from $152.00 to $154.00 and gave the company a “buy” rating in a research note on Tuesday, June 25th. TD Cowen upped their target price on shares of Exxon Mobil from $128.00 to $135.00 and gave the company a “buy” rating in a research note on Tuesday, April 30th. Wells Fargo & Company upped their target price on shares of Exxon Mobil from $138.00 to $142.00 and gave the company an “overweight” rating in a research note on Tuesday, April 30th. Mizuho upped their target price on shares of Exxon Mobil from $125.00 to $128.00 and gave the company a “neutral” rating in a research note on Monday, May 13th. Finally, Scotiabank upped their target price on shares of Exxon Mobil from $114.00 to $129.00 and gave the company a “sector perform” rating in a research note on Thursday, April 11th. Nine 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 an average rating of “Moderate Buy” and an average target price of $133.82.

Exxon Mobil Price Performance

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

Exxon Mobil (NYSE:XOM) last announced its earnings results on Friday, April 26th. The oil and gas company reported $2.06 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.19 by ($0.13). Exxon Mobil had a return on equity of 16.75% and a net margin of 9.62%. The company had revenue of $83.08 billion for the quarter, compared to analyst estimates of $79.69 billion. During the same quarter in the previous year, the company posted $2.83 earnings per share. Exxon Mobil’s revenue for the quarter was down 4.0% on a year-over-year basis. Sell-side analysts forecast that Exxon Mobil Co. will post 9.28 EPS for the current fiscal year.

Exxon Mobil Dividend Announcement

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

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.