Guidance Capital Inc. Acquires 7,637 Shares of Exxon Mobil Co. (NYSE:XOM)

Guidance Capital Inc. lifted its position in shares of Exxon Mobil Co. (NYSE:XOM) by 162.0% during the first quarter, HoldingsChannel reports. The firm owned 12,350 shares of the oil and gas company’s stock after buying an additional 7,637 shares during the quarter. Guidance Capital Inc.’s holdings in Exxon Mobil were worth $1,478,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in XOM. Partnership Wealth Management LLC bought a new position in shares of Exxon Mobil during the fourth quarter worth $46,000. Vima LLC bought a new position in shares of Exxon Mobil during the fourth quarter worth $50,000. Keener Financial Planning LLC bought a new position in shares of Exxon Mobil during the fourth quarter worth $80,000. Neo Ivy Capital Management bought a new position in shares of Exxon Mobil during the fourth quarter worth $80,000. Finally, Orion Capital Management LLC bought a new position in shares of Exxon Mobil during the third quarter worth $91,000. 61.80% of the stock is owned by institutional investors.

Insider Activity 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 value of $288,718.26. Following the transaction, the vice president now owns 25,363 shares in the company, valued at approximately $3,018,450.63. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. 0.03% of the stock is owned by company insiders.

Analyst Ratings Changes

XOM has been the topic of several research reports. Mizuho boosted their price objective on shares of Exxon Mobil from $125.00 to $128.00 and gave the company a “neutral” rating in a research report on Monday, May 13th. Barclays initiated coverage on shares of Exxon Mobil in a research report on Wednesday, April 10th. They issued an “overweight” rating and a $147.00 price objective on the stock. Morgan Stanley reaffirmed an “overweight” rating and issued a $145.00 price objective on shares of Exxon Mobil in a research report on Wednesday, May 15th. Wells Fargo & Company boosted their price objective on shares of Exxon Mobil from $138.00 to $142.00 and gave the company an “overweight” rating in a research report on Tuesday, April 30th. Finally, Scotiabank boosted their price objective on shares of 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 equities research analysts have rated the stock with a hold rating and ten have given a buy rating to the company. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $133.82.

Exxon Mobil Stock Up 0.2 %

Exxon Mobil stock opened at $115.12 on Monday. The firm has a market capitalization of $453.92 billion, a PE ratio of 14.11, a P/E/G ratio of 4.14 and a beta of 0.92. The company’s 50-day moving average is $115.25 and its 200-day moving average is $109.72. Exxon Mobil Co. has a fifty-two week low of $95.77 and a fifty-two week high of $123.75. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.38 and a quick ratio of 1.06.

Exxon Mobil (NYSE:XOM) last released its quarterly earnings data on Friday, April 26th. The oil and gas company reported $2.06 earnings per share for the quarter, missing the consensus estimate of $2.19 by ($0.13). The firm had revenue of $83.08 billion for the quarter, compared to analyst estimates of $79.69 billion. Exxon Mobil had a return on equity of 16.75% and a net margin of 9.62%. The firm’s revenue for the quarter was down 4.0% on a year-over-year basis. During the same quarter in the prior year, the firm earned $2.83 earnings per share. Sell-side analysts anticipate that Exxon Mobil Co. will post 9.28 earnings per share for the current year.

Exxon Mobil Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, June 10th. Investors of record on Wednesday, May 15th were paid a $0.95 dividend. The ex-dividend date of this dividend was Tuesday, May 14th. This represents a $3.80 dividend on an annualized basis and a yield of 3.30%. Exxon Mobil’s dividend payout ratio (DPR) is currently 46.57%.

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.