12,131 Shares in Exxon Mobil Co. (NYSE:XOM) Bought by Mattson Financial Services LLC

Mattson Financial Services LLC acquired a new stake in Exxon Mobil Co. (NYSE:XOM) during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 12,131 shares of the oil and gas company’s stock, valued at approximately $1,397,000.

A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. FPC Investment Advisory Inc. acquired a new stake in Exxon Mobil during the 1st quarter valued at $25,000. Fairway Wealth LLC bought a new position in shares of Exxon Mobil during the second quarter worth about $35,000. Anfield Capital Management LLC grew its stake 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 in the last quarter. Fairscale Capital LLC bought a new stake in Exxon Mobil in the second quarter valued at about $39,000. Finally, POM Investment Strategies LLC increased its holdings in Exxon Mobil by 918.9% in the second quarter. POM Investment Strategies LLC now owns 377 shares of the oil and gas company’s stock valued at $43,000 after buying an additional 340 shares during the last quarter. Institutional investors and hedge funds own 61.80% of the company’s stock.

Analyst Upgrades and Downgrades

XOM has been the subject of several research reports. Mizuho lifted their target price on Exxon Mobil from $128.00 to $130.00 and gave the stock a “neutral” rating in a research report on Monday, September 16th. Redburn Atlantic restated a “neutral” rating and set a $120.00 price objective (up from $119.00) on shares of Exxon Mobil in a research note on Tuesday, September 24th. Barclays dropped their price target on shares of Exxon Mobil from $147.00 to $142.00 and set an “overweight” rating on the stock in a research note on Tuesday, July 9th. UBS Group lowered their price target on Exxon Mobil from $157.00 to $149.00 and set a “buy” rating on the stock in a report on Wednesday, September 18th. Finally, Morgan Stanley reduced their price objective on shares of Exxon Mobil from $145.00 to $142.00 and set an “overweight” rating for the company in a report on Monday, September 16th. Eight equities research analysts have rated the stock with a hold rating, ten have assigned a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, Exxon Mobil presently has a consensus rating of “Moderate Buy” and a consensus price target of $134.75.

Exxon Mobil Trading Up 1.3 %

NYSE XOM opened at $121.49 on Thursday. The firm’s 50 day moving average price is $116.06 and its two-hundred day moving average price is $115.85. 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 Co. has a twelve month low of $95.77 and a twelve month high of $123.75. The stock has a market cap of $479.04 billion, a price-to-earnings ratio of 14.89, a PEG ratio of 4.86 and a beta of 0.90.

Exxon Mobil (NYSE:XOM) last announced 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. The firm had revenue of $93.06 billion during the quarter, compared to the consensus estimate of $90.09 billion. Exxon Mobil had a return on equity of 16.07% and a net margin of 9.73%. The business’s revenue for the quarter was up 12.2% on a year-over-year basis. During the same period in the prior year, the business earned $1.94 EPS. Equities analysts anticipate that Exxon Mobil Co. will post 8.06 EPS for the current year.

Exxon Mobil Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, September 10th. Shareholders of record on Thursday, August 15th were paid 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 yield of 3.13%. Exxon Mobil’s dividend payout ratio (DPR) is currently 46.57%.

Exxon Mobil 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.