Stillwater Capital Advisors LLC increased its position in shares of Exxon Mobil Corporation (NYSE:XOM) by 1.0% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 100,851 shares of the oil and gas company’s stock after buying an additional 1,034 shares during the period. Exxon Mobil Corporation makes up approximately 2.2% of Stillwater Capital Advisors LLC’s portfolio, making the stock its 25th largest position. Stillwater Capital Advisors LLC’s holdings in Exxon Mobil Corporation were worth $8,271,000 as of its most recent filing with the SEC.
Other hedge funds and other institutional investors also recently modified their holdings of the company. Ruffer LLP raised its position in shares of Exxon Mobil Corporation by 4.8% in the fourth quarter. Ruffer LLP now owns 2,227,728 shares of the oil and gas company’s stock worth $202,095,000 after buying an additional 102,881 shares in the last quarter. Prudential PLC raised its position in shares of Exxon Mobil Corporation by 55.0% in the fourth quarter. Prudential PLC now owns 2,408,764 shares of the oil and gas company’s stock worth $217,415,000 after buying an additional 854,232 shares in the last quarter. Barber Financial Group Inc. bought a new position in shares of Exxon Mobil Corporation during the fourth quarter worth approximately $1,726,000. Rosenbaum Jay D. raised its position in shares of Exxon Mobil Corporation by 10.6% in the first quarter. Rosenbaum Jay D. now owns 17,951 shares of the oil and gas company’s stock worth $1,473,000 after buying an additional 1,725 shares in the last quarter. Finally, Gyroscope Capital Management Group LLC raised its position in shares of Exxon Mobil Corporation by 49.1% in the fourth quarter. Gyroscope Capital Management Group LLC now owns 26,823 shares of the oil and gas company’s stock worth $2,421,000 after buying an additional 8,829 shares in the last quarter. 50.98% of the stock is currently owned by institutional investors and hedge funds.
Shares of Exxon Mobil Corporation (NYSE XOM) opened at 83.49 on Friday. The company’s 50 day moving average price is $81.90 and its 200-day moving average price is $83.90. The firm has a market capitalization of $353.77 billion, a PE ratio of 34.83 and a beta of 0.86. Exxon Mobil Corporation has a 52 week low of $79.26 and a 52 week high of $95.55. Exxon Mobil Corporation also was the target of unusually large options trading on Thursday. Investors purchased 30,467 put options on the stock. This is an increase of 115% compared to the typical volume of 14,191 put options.
Exxon Mobil Corporation (NYSE:XOM) last announced its earnings results on Friday, April 28th. The oil and gas company reported $0.95 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.85 by $0.10. The business had revenue of $63.29 billion during the quarter, compared to analyst estimates of $64.88 billion. Exxon Mobil Corporation had a return on equity of 6.78% and a net margin of 4.17%. Exxon Mobil Corporation’s revenue for the quarter was up 29.9% compared to the same quarter last year. During the same period last year, the company earned $0.43 EPS. On average, equities research analysts expect that Exxon Mobil Corporation will post $3.90 EPS for the current fiscal year.
The business also recently announced a quarterly dividend, which was paid on Friday, June 9th. Investors of record on Friday, May 12th were given a dividend of $0.77 per share. This is a positive change from Exxon Mobil Corporation’s previous quarterly dividend of $0.75. This represents a $3.08 annualized dividend and a yield of 3.69%. The ex-dividend date of this dividend was Wednesday, May 10th. Exxon Mobil Corporation’s dividend payout ratio (DPR) is currently 128.33%.
A number of research analysts have recently commented on XOM shares. Scotiabank set a $90.00 price objective on Exxon Mobil Corporation and gave the company a “hold” rating in a report on Thursday, March 2nd. Credit Suisse Group raised Exxon Mobil Corporation from an “underperform” rating to a “neutral” rating and set a $83.00 price objective on the stock in a report on Thursday, March 2nd. They noted that the move was a valuation call. Vetr raised Exxon Mobil Corporation from a “buy” rating to a “strong-buy” rating and set a $91.32 price objective on the stock in a report on Wednesday, February 22nd. Jefferies Group LLC reaffirmed a “neutral” rating and issued a $92.00 target price on shares of Exxon Mobil Corporation in a report on Thursday, April 6th. Finally, Evercore ISI reaffirmed an “underweight” rating on shares of Exxon Mobil Corporation in a report on Monday, February 27th. Six analysts have rated the stock with a sell rating, thirteen have issued a hold rating, ten have given a buy rating and one has issued a strong buy rating to the company’s stock. The stock has a consensus rating of “Hold” and an average target price of $89.18.
Exxon Mobil Corporation Company Profile
Exxon Mobil Corporation is engaged in energy business. The Company is engaged in the exploration, production, transportation and sale of crude oil and natural gas, and the manufacture, transportation and sale of petroleum products. The Company also manufactures and markets commodity petrochemicals, including olefins, aromatics, polyethylene and polypropylene plastics, and a range of specialty products.
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