Exxon Mobil Co. (NYSE:XOM) Shares Purchased by Ewa LLC

Ewa LLC lifted its stake in Exxon Mobil Co. (NYSE:XOM) by 25.9% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 6,314 shares of the oil and gas company’s stock after purchasing an additional 1,299 shares during the period. Ewa LLC’s holdings in Exxon Mobil were worth $761,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in the company. Fairway Wealth LLC acquired a new stake in shares of Exxon Mobil during the second quarter worth about $35,000. Anfield Capital Management LLC increased its holdings in shares of Exxon Mobil by 360.0% in the 2nd quarter. Anfield Capital Management LLC now owns 322 shares of the oil and gas company’s stock valued at $37,000 after acquiring an additional 252 shares during the period. Fairscale Capital LLC acquired a new stake in Exxon Mobil during the 2nd quarter worth $39,000. POM Investment Strategies LLC increased its stake 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 purchasing an additional 340 shares during the period. Finally, Hershey Financial Advisers LLC purchased a new stake in shares of Exxon Mobil in the second quarter valued at about $46,000. 61.80% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several analysts have commented on XOM shares. The Goldman Sachs Group upped their price objective on Exxon Mobil from $118.00 to $120.00 in a research note on Thursday, October 31st. Wolfe Research lifted their price objective on shares of Exxon Mobil from $137.00 to $138.00 in a research report on Thursday, October 31st. BMO Capital Markets upped their price objective on shares of Exxon Mobil from $127.00 to $130.00 and gave the stock a “market perform” rating in a research report on Friday, October 4th. Mizuho boosted their price target on shares of Exxon Mobil from $128.00 to $130.00 and gave the stock a “neutral” rating in a research note on Monday, September 16th. Finally, TD Cowen raised their target price on Exxon Mobil from $127.00 to $132.00 and gave the company a “buy” rating in a report on Tuesday, November 19th. One equities research analyst has rated the stock with a sell rating, eight have assigned a hold rating, nine have issued a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $129.95.

Exxon Mobil Stock Down 1.1 %

Shares of XOM opened at $113.57 on Monday. The company has a quick ratio of 1.01, a current ratio of 1.35 and a debt-to-equity ratio of 0.13. The firm has a market cap of $499.15 billion, a PE ratio of 14.14, a price-to-earnings-growth ratio of 4.77 and a beta of 0.89. The company’s fifty day moving average is $119.77 and its two-hundred day moving average is $116.47. Exxon Mobil Co. has a fifty-two week low of $95.77 and a fifty-two week high of $126.34.

Exxon Mobil (NYSE:XOM) last posted its earnings results on Friday, November 1st. The oil and gas company reported $1.92 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.91 by $0.01. The firm had revenue of $90.02 billion during the quarter, compared to the consensus estimate of $93.98 billion. Exxon Mobil had a net margin of 9.61% and a return on equity of 14.73%. The company’s revenue was down .8% on a year-over-year basis. During the same quarter in the prior year, the company earned $2.27 EPS. Analysts forecast that Exxon Mobil Co. will post 7.94 earnings per share for the current year.

Exxon Mobil Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, December 10th. Shareholders of record on Thursday, November 14th will be given a $0.99 dividend. This represents a $3.96 dividend on an annualized basis and a dividend yield of 3.49%. This is a positive change from Exxon Mobil’s previous quarterly dividend of $0.95. The ex-dividend date is Thursday, November 14th. Exxon Mobil’s dividend payout ratio is presently 49.32%.

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.