Stillwater Capital Advisors LLC Buys 567 Shares of Exxon Mobil Co. (NYSE:XOM)

Stillwater Capital Advisors LLC grew its stake in Exxon Mobil Co. (NYSE:XOM) by 0.4% during the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 147,766 shares of the oil and gas company’s stock after purchasing an additional 567 shares during the quarter. Exxon Mobil makes up about 2.5% of Stillwater Capital Advisors LLC’s holdings, making the stock its 14th largest position. Stillwater Capital Advisors LLC’s holdings in Exxon Mobil were worth $17,176,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors also recently modified their holdings of the company. PFS Partners LLC increased its holdings in shares of Exxon Mobil by 0.5% in the first quarter. PFS Partners LLC now owns 18,836 shares of the oil and gas company’s stock worth $2,190,000 after purchasing an additional 89 shares during the last quarter. Auxier Asset Management increased its holdings in shares of Exxon Mobil by 0.8% in the third quarter. Auxier Asset Management now owns 12,963 shares of the oil and gas company’s stock worth $1,524,000 after purchasing an additional 97 shares during the last quarter. Boltwood Capital Management increased its holdings in shares of Exxon Mobil by 0.4% in the fourth quarter. Boltwood Capital Management now owns 25,445 shares of the oil and gas company’s stock worth $2,544,000 after purchasing an additional 98 shares during the last quarter. Stolper Co grew its position in Exxon Mobil by 0.4% in the first quarter. Stolper Co now owns 23,809 shares of the oil and gas company’s stock worth $2,768,000 after acquiring an additional 98 shares in the last quarter. Finally, CMG Global Holdings LLC grew its position in Exxon Mobil by 0.4% in the fourth quarter. CMG Global Holdings LLC now owns 23,939 shares of the oil and gas company’s stock worth $2,483,000 after acquiring an additional 99 shares in the last quarter. Institutional investors own 61.80% of the company’s stock.

Insider Transactions at Exxon Mobil

In related news, VP Darrin L. Talley sold 2,426 shares of the company’s stock in a transaction dated Monday, April 29th. The shares were sold at an average price of $119.01, for a total transaction of $288,718.26. Following the completion of the transaction, the vice president now owns 25,363 shares in the company, valued at approximately $3,018,450.63. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Corporate insiders own 0.03% of the company’s stock.

Exxon Mobil Price Performance

NYSE:XOM opened at $115.11 on Friday. Exxon Mobil Co. has a one year low of $95.77 and a one year high of $123.75. The company has a debt-to-equity ratio of 0.15, a quick ratio of 1.06 and a current ratio of 1.38. The firm has a market cap of $453.88 billion, a price-to-earnings ratio of 14.11, a PEG ratio of 4.13 and a beta of 0.92. The firm’s fifty day moving average is $115.25 and its two-hundred day moving average is $109.57.

Exxon Mobil (NYSE:XOM) last posted its quarterly earnings results on Friday, April 26th. The oil and gas company reported $2.06 EPS for the quarter, missing the consensus estimate of $2.19 by ($0.13). Exxon Mobil had a net margin of 9.62% and a return on equity of 16.75%. The business had revenue of $83.08 billion during the quarter, compared to analysts’ expectations of $79.69 billion. During the same period in the previous year, the company posted $2.83 earnings per share. Exxon Mobil’s revenue for the quarter was down 4.0% compared to the same quarter last year. Research analysts expect that Exxon Mobil Co. will post 9.28 EPS for the current year.

Exxon Mobil Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, June 10th. Stockholders of record on Wednesday, May 15th were paid a dividend of $0.95 per share. This represents a $3.80 annualized dividend and a dividend yield of 3.30%. The ex-dividend date was Tuesday, May 14th. Exxon Mobil’s payout ratio is currently 46.57%.

Analysts Set New Price Targets

Several research analysts recently commented on the company. TD Cowen lifted their price target on Exxon Mobil from $128.00 to $135.00 and gave the stock a “buy” rating in a research report on Tuesday, April 30th. Truist Financial restated a “hold” rating and set a $124.00 target price (down previously from $146.00) on shares of Exxon Mobil in a research report on Friday, June 7th. UBS Group boosted their target price on Exxon Mobil from $152.00 to $154.00 and gave the company a “buy” rating in a research report on Tuesday. Piper Sandler boosted their target price on Exxon Mobil from $130.00 to $145.00 and gave the company an “overweight” rating in a research report on Thursday, April 18th. Finally, Scotiabank boosted their target price on Exxon Mobil from $114.00 to $129.00 and gave the company a “sector perform” rating in a research report on Thursday, April 11th. Nine investment analysts have rated the stock with a hold rating and ten have issued a buy rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $133.82.

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.