Exxon Mobil Co. (NYSE:XOM) Stock Holdings Boosted by PFG Investments LLC

PFG Investments LLC raised its stake in Exxon Mobil Co. (NYSE:XOM) by 4.0% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 139,156 shares of the oil and gas company’s stock after purchasing an additional 5,294 shares during the quarter. Exxon Mobil accounts for 1.1% of PFG Investments LLC’s investment portfolio, making the stock its 9th biggest holding. PFG Investments LLC’s holdings in Exxon Mobil were worth $16,020,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors also recently bought and sold shares of the company. FPC Investment Advisory Inc. acquired a new position in shares of Exxon Mobil during the 1st quarter worth $25,000. Anfield Capital Management LLC raised its holdings in Exxon Mobil by 360.0% during 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 last quarter. POM Investment Strategies LLC boosted its position 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 worth $43,000 after purchasing an additional 340 shares in the last quarter. Lynx Investment Advisory acquired a new stake in Exxon Mobil in the second quarter valued at $47,000. Finally, Vima LLC purchased a new position in shares of Exxon Mobil in the fourth quarter valued at $50,000. Hedge funds and other institutional investors own 61.80% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages recently commented on XOM. UBS Group increased their price objective on shares of Exxon Mobil from $156.00 to $157.00 and gave the company a “buy” rating in a research note on Tuesday, August 20th. Wolfe Research began coverage on shares of Exxon Mobil in a research report on Thursday, July 18th. They issued an “outperform” rating and a $146.00 price target on the stock. Sanford C. Bernstein decreased their price objective on Exxon Mobil from $139.00 to $138.00 and set an “outperform” rating on the stock in a research note on Wednesday, July 17th. Morgan Stanley reissued an “overweight” rating and issued a $145.00 target price on shares of Exxon Mobil in a research note on Wednesday, May 15th. Finally, Royal Bank of Canada restated a “sector perform” rating and issued a $135.00 target price on shares of Exxon Mobil in a report on Tuesday, July 9th. Seven analysts have rated the stock with a hold rating, eleven have given a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, Exxon Mobil has an average rating of “Moderate Buy” and a consensus price target of $136.29.

Exxon Mobil Stock Down 1.0 %

Shares of XOM opened at $109.70 on Thursday. Exxon Mobil Co. has a fifty-two week low of $95.77 and a fifty-two week high of $123.75. The company’s fifty day moving average is $115.77 and its two-hundred day moving average is $114.96. The firm has a market cap of $432.55 billion, a PE ratio of 13.44, a price-to-earnings-growth ratio of 4.48 and a beta of 0.90. The company has a quick ratio of 1.01, a current ratio of 1.36 and a debt-to-equity ratio of 0.13.

Exxon Mobil (NYSE:XOM) last issued its earnings results on Friday, August 2nd. The oil and gas company reported $2.14 earnings per share for the quarter, beating analysts’ consensus estimates of $2.04 by $0.10. The firm had revenue of $93.06 billion for the quarter, compared to analysts’ expectations of $90.09 billion. Exxon Mobil had a return on equity of 16.07% and a net margin of 9.73%. The firm’s revenue for the quarter was up 12.2% compared to the same quarter last year. During the same quarter last year, the firm earned $1.94 earnings per share. Analysts forecast that Exxon Mobil Co. will post 8.37 earnings per share for the current year.

Exxon Mobil Announces Dividend

The company also recently announced 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. This represents a $3.80 dividend on an annualized basis and a dividend yield of 3.46%. The ex-dividend date of this dividend was Thursday, August 15th. Exxon Mobil’s payout ratio is currently 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.