Exxon Mobil Co. (NYSE:XOM) Shares Sold by Chapman Investment Management LLC

Chapman Investment Management LLC decreased its holdings in Exxon Mobil Co. (NYSE:XOM) by 18.2% during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 5,103 shares of the oil and gas company’s stock after selling 1,138 shares during the quarter. Exxon Mobil makes up 0.4% of Chapman Investment Management LLC’s portfolio, making the stock its 28th biggest position. Chapman Investment Management LLC’s holdings in Exxon Mobil were worth $587,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. FPC Investment Advisory Inc. acquired a new position in shares of Exxon Mobil in the 1st quarter worth approximately $25,000. Anfield Capital Management LLC boosted its holdings in Exxon Mobil by 360.0% in the second quarter. Anfield Capital Management LLC now owns 322 shares of the oil and gas company’s stock worth $37,000 after purchasing an additional 252 shares during the period. POM Investment Strategies LLC increased its stake in Exxon Mobil by 918.9% during the second quarter. POM Investment Strategies LLC now owns 377 shares of the oil and gas company’s stock valued at $43,000 after purchasing an additional 340 shares during the last quarter. Lynx Investment Advisory bought a new stake in Exxon Mobil during the second quarter valued at $47,000. Finally, Vima LLC acquired a new stake in shares of Exxon Mobil during the fourth quarter worth $50,000. Hedge funds and other institutional investors own 61.80% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages recently weighed in on XOM. Sanford C. Bernstein lowered their price objective on shares of Exxon Mobil from $139.00 to $138.00 and set an “outperform” rating for the company in a research report on Wednesday, July 17th. Morgan Stanley restated an “overweight” rating and set a $145.00 price objective on shares of Exxon Mobil in a research report on Wednesday, May 15th. UBS Group increased their target price on Exxon Mobil from $156.00 to $157.00 and gave the stock a “buy” rating in a research report on Tuesday, August 20th. Royal Bank of Canada reissued a “sector perform” rating and set a $135.00 price target on shares of Exxon Mobil in a report on Tuesday, July 9th. Finally, Barclays cut their price objective on shares of Exxon Mobil from $147.00 to $142.00 and set an “overweight” rating on the stock in a research report on Tuesday, July 9th. Seven equities research analysts have rated the stock with a hold rating, eleven have given a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $136.29.

Exxon Mobil Price Performance

NYSE XOM opened at $109.70 on Thursday. Exxon Mobil Co. has a 1 year low of $95.77 and a 1 year high of $123.75. The business’s fifty day moving average is $115.77 and its two-hundred day moving average is $114.96. The stock has a market capitalization of $432.55 billion, a P/E ratio of 13.44, a P/E/G ratio of 4.48 and a beta of 0.90. The company has a debt-to-equity ratio of 0.13, a quick ratio of 1.01 and a current ratio of 1.36.

Exxon Mobil (NYSE:XOM) last posted its quarterly earnings data on Friday, August 2nd. The oil and gas company reported $2.14 EPS for the quarter, beating analysts’ consensus estimates of $2.04 by $0.10. The company had revenue of $93.06 billion during the quarter, compared to analyst estimates of $90.09 billion. Exxon Mobil had a net margin of 9.73% and a return on equity of 16.07%. The business’s quarterly revenue was up 12.2% on a year-over-year basis. During the same period in the prior year, the firm earned $1.94 earnings per share. On average, research analysts forecast that Exxon Mobil Co. will post 8.37 earnings per share for the current fiscal year.

Exxon Mobil Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, September 10th. Stockholders of record on Thursday, August 15th were issued a dividend of $0.95 per share. 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 3.46%. Exxon Mobil’s dividend payout ratio is 46.57%.

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.