AlphaMark Advisors LLC Acquires 520 Shares of Exxon Mobil Co. (NYSE:XOM)

AlphaMark Advisors LLC increased its holdings in shares of Exxon Mobil Co. (NYSE:XOM) by 91.5% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 1,088 shares of the oil and gas company’s stock after acquiring an additional 520 shares during the quarter. AlphaMark Advisors LLC’s holdings in Exxon Mobil were worth $126,000 as of its most recent filing with the SEC.

A number of other hedge funds have also bought and sold shares of the business. Root Financial Partners LLC increased its holdings in Exxon Mobil by 10.7% in the 4th quarter. Root Financial Partners LLC now owns 2,054 shares of the oil and gas company’s stock valued at $205,000 after buying an additional 199 shares during the period. RNC Capital Management LLC increased its holdings in Exxon Mobil by 5.5% in the 4th quarter. RNC Capital Management LLC now owns 87,926 shares of the oil and gas company’s stock valued at $8,791,000 after buying an additional 4,585 shares during the period. Dupree Financial Group LLC bought a new position in Exxon Mobil in the 4th quarter valued at about $378,000. Intact Investment Management Inc. increased its holdings in Exxon Mobil by 225.7% in the 4th quarter. Intact Investment Management Inc. now owns 68,400 shares of the oil and gas company’s stock valued at $6,839,000 after buying an additional 47,400 shares during the period. Finally, AJOVista LLC bought a new position in Exxon Mobil in the 4th quarter valued at about $312,000. 61.80% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently weighed in on the stock. Wells Fargo & Company raised their price target on shares of Exxon Mobil from $138.00 to $142.00 and gave the company an “overweight” rating in a research note on Tuesday, April 30th. Piper Sandler raised their price target on shares of Exxon Mobil from $130.00 to $145.00 and gave the company an “overweight” rating in a research note on Thursday, April 18th. Morgan Stanley restated an “overweight” rating and issued a $145.00 price target on shares of Exxon Mobil in a research note on Wednesday, May 15th. Scotiabank raised their price target on shares of Exxon Mobil from $114.00 to $129.00 and gave the company a “sector perform” rating in a research note on Thursday, April 11th. Finally, Mizuho raised their price target on shares of Exxon Mobil from $125.00 to $128.00 and gave the company a “neutral” rating in a research note on Monday, May 13th. Nine research analysts have rated the stock with a hold rating and ten have given a buy rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $133.82.

Exxon Mobil Stock Down 0.7 %

Exxon Mobil stock opened at $114.18 on Wednesday. The company has a debt-to-equity ratio of 0.15, a quick ratio of 1.06 and a current ratio of 1.38. Exxon Mobil Co. has a 52-week low of $95.77 and a 52-week high of $123.75. The firm has a 50 day moving average price of $115.14 and a two-hundred day moving average price of $109.82. The firm has a market cap of $450.21 billion, a price-to-earnings ratio of 13.99, a PEG ratio of 4.14 and a beta of 0.91.

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

Exxon Mobil Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, June 10th. Shareholders of record on Wednesday, May 15th were issued a dividend of $0.95 per share. The ex-dividend date of this dividend was Tuesday, May 14th. This represents a $3.80 annualized dividend and a yield of 3.33%. Exxon Mobil’s payout ratio is 46.57%.

Insiders Place Their Bets

In other Exxon Mobil news, VP Darrin L. Talley sold 2,426 shares of the firm’s stock in a transaction that occurred on 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 document filed with the SEC, which can be accessed through the SEC website. Company insiders own 0.03% of the company’s stock.

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.