Eclectic Associates Inc. ADV Increases Stock Holdings in Exxon Mobil Co. (NYSE:XOM)

Eclectic Associates Inc. ADV boosted its position in Exxon Mobil Co. (NYSE:XOM) by 1.2% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 13,747 shares of the oil and gas company’s stock after purchasing an additional 162 shares during the quarter. Eclectic Associates Inc. ADV’s holdings in Exxon Mobil were worth $1,635,000 at the end of the most recent quarter.

A number of other institutional investors have also added to or reduced their stakes in XOM. 10Elms LLP bought a new position in shares of Exxon Mobil during the fourth quarter valued at $25,000. Fairway Wealth LLC bought a new position in shares of Exxon Mobil during the fourth quarter valued at $31,000. Capital A Wealth Management LLC bought a new position in shares of Exxon Mobil during the fourth quarter valued at $32,000. Keystone Financial Group Inc. purchased a new stake in shares of Exxon Mobil during the fourth quarter valued at $36,000. Finally, Compass Planning Associates Inc purchased a new stake in shares of Exxon Mobil during the fourth quarter valued at $47,000. Institutional investors own 61.80% of the company’s stock.

Exxon Mobil Price Performance

Shares of XOM stock opened at $102.33 on Thursday. Exxon Mobil Co. has a twelve month low of $97.80 and a twelve month high of $126.34. The stock has a market capitalization of $441.01 billion, a price-to-earnings ratio of 13.05, a P/E/G ratio of 3.02 and a beta of 0.51. The stock has a fifty day simple moving average of $106.06 and a two-hundred day simple moving average of $109.42. The company has a current ratio of 1.31, a quick ratio of 0.97 and a debt-to-equity ratio of 0.14.

Exxon Mobil (NYSE:XOM) last released its quarterly earnings results on Friday, May 2nd. The oil and gas company reported $1.76 EPS for the quarter, topping the consensus estimate of $1.73 by $0.03. The firm had revenue of $83.13 billion during the quarter, compared to analyst estimates of $86.11 billion. Exxon Mobil had a return on equity of 12.92% and a net margin of 9.63%. The business’s revenue for the quarter was up .1% compared to the same quarter last year. During the same period in the previous year, the company posted $2.06 EPS. On average, analysts predict that Exxon Mobil Co. will post 7.43 EPS for the current fiscal year.

Exxon Mobil Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, June 10th. Shareholders of record on Thursday, May 15th will be paid a $0.99 dividend. This represents a $3.96 dividend on an annualized basis and a yield of 3.87%. The ex-dividend date of this dividend is Thursday, May 15th. Exxon Mobil’s dividend payout ratio (DPR) is presently 52.52%.

Analyst Upgrades and Downgrades

Several equities research analysts recently commented on the company. Barclays reaffirmed a “hold” rating on shares of Exxon Mobil in a research report on Thursday, May 22nd. Scotiabank dropped their price objective on Exxon Mobil from $140.00 to $115.00 and set a “sector outperform” rating on the stock in a research report on Friday, April 11th. Mizuho dropped their price objective on Exxon Mobil from $129.00 to $124.00 and set a “neutral” rating on the stock in a research report on Tuesday, May 13th. Morgan Stanley dropped their price objective on Exxon Mobil from $141.00 to $138.00 and set an “overweight” rating on the stock in a research report on Thursday, March 27th. Finally, Royal Bank of Canada reaffirmed a “sector perform” rating on shares of Exxon Mobil in a research report on Thursday, May 22nd. One research analyst has rated the stock with a sell rating, ten have given a hold rating, nine have given a buy rating and two have issued a strong buy rating to the company. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $125.50.

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.