Vista Capital Partners Inc. Purchases 236 Shares of Exxon Mobil Co. (NYSE:XOM)

Vista Capital Partners Inc. grew its position in Exxon Mobil Co. (NYSE:XOM) by 8.5% in the 2nd quarter, according to its most recent disclosure with the SEC. The fund owned 3,026 shares of the oil and gas company’s stock after buying an additional 236 shares during the period. Vista Capital Partners Inc.’s holdings in Exxon Mobil were worth $348,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the company. Patron Partners LLC raised its position in Exxon Mobil by 7.4% in the 2nd quarter. Patron Partners LLC now owns 37,297 shares of the oil and gas company’s stock worth $4,294,000 after buying an additional 2,564 shares during the last quarter. YHB Investment Advisors Inc. lifted its position in Exxon Mobil by 5.9% during the second quarter. YHB Investment Advisors Inc. now owns 32,751 shares of the oil and gas company’s stock valued at $3,770,000 after purchasing an additional 1,836 shares during the period. Cooksen Wealth LLC purchased a new stake in Exxon Mobil in the fourth quarter worth approximately $136,000. Scarborough Advisors LLC grew its position in Exxon Mobil by 720.2% in the 4th quarter. Scarborough Advisors LLC now owns 15,978 shares of the oil and gas company’s stock worth $1,597,000 after purchasing an additional 14,030 shares during the period. Finally, Lloyd Advisory Services LLC. lifted its holdings in shares of Exxon Mobil by 407.5% during the 1st quarter. Lloyd Advisory Services LLC. now owns 24,115 shares of the oil and gas company’s stock valued at $2,804,000 after buying an additional 19,363 shares during the period. Institutional investors own 61.80% of the company’s stock.

Exxon Mobil Trading Up 1.4 %

Shares of Exxon Mobil stock opened at $112.75 on Tuesday. The company has a quick ratio of 1.01, a current ratio of 1.36 and a debt-to-equity ratio of 0.13. The firm has a market cap of $444.57 billion, a price-to-earnings ratio of 13.82, a PEG ratio of 4.38 and a beta of 0.90. Exxon Mobil Co. has a twelve month low of $95.77 and a twelve month high of $123.75. The business has a 50-day moving average price of $115.67 and a 200-day moving average price of $115.19.

Exxon Mobil (NYSE:XOM) last issued its quarterly earnings data on Friday, August 2nd. The oil and gas company reported $2.14 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.04 by $0.10. Exxon Mobil had a return on equity of 16.07% and a net margin of 9.73%. The business had revenue of $93.06 billion for the quarter, compared to analysts’ expectations of $90.09 billion. During the same period in the prior year, the firm earned $1.94 EPS. The company’s revenue for the quarter was up 12.2% on a year-over-year basis. Equities research analysts anticipate that Exxon Mobil Co. will post 8.36 EPS for the current fiscal year.

Exxon Mobil Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, September 10th. Stockholders of record on Thursday, August 15th were issued a $0.95 dividend. The ex-dividend date of this dividend was Thursday, August 15th. This represents a $3.80 dividend on an annualized basis and a dividend yield of 3.37%. Exxon Mobil’s dividend payout ratio (DPR) is presently 46.57%.

Analyst Ratings Changes

XOM has been the subject of several research analyst reports. Wolfe Research initiated coverage on Exxon Mobil in a report on Thursday, July 18th. They issued an “outperform” rating and a $146.00 price objective for the company. Royal Bank of Canada reiterated a “sector perform” rating and issued a $135.00 price target on shares of Exxon Mobil in a research report on Tuesday, July 9th. Evercore ISI raised shares of Exxon Mobil to a “strong-buy” rating in a research report on Monday, August 5th. UBS Group raised their target price on Exxon Mobil from $156.00 to $157.00 and gave the stock a “buy” rating in a report on Tuesday, August 20th. Finally, Mizuho boosted their price target on Exxon Mobil from $128.00 to $130.00 and gave the company a “neutral” rating in a report on Monday. Seven investment analysts have rated the stock with a hold rating, eleven have issued a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $136.24.

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.