D Orazio & Associates Inc. Grows Position in Exxon Mobil Co. (NYSE:XOM)

D Orazio & Associates Inc. grew its stake in Exxon Mobil Co. (NYSE:XOM) by 3.7% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 12,055 shares of the oil and gas company’s stock after buying an additional 425 shares during the quarter. D Orazio & Associates Inc.’s holdings in Exxon Mobil were worth $1,388,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in XOM. Carmel Capital Partners LLC raised its stake in Exxon Mobil by 1.0% during the 1st quarter. Carmel Capital Partners LLC now owns 8,796 shares of the oil and gas company’s stock worth $1,022,000 after acquiring an additional 86 shares during the period. Integral Investment Advisors Inc. raised its position in shares of Exxon Mobil by 2.1% during the 2nd quarter. Integral Investment Advisors Inc. now owns 4,207 shares of the oil and gas company’s stock valued at $483,000 after purchasing an additional 87 shares during the period. Mascoma Wealth Management LLC boosted its holdings in Exxon Mobil by 7.0% in the 2nd quarter. Mascoma Wealth Management LLC now owns 1,343 shares of the oil and gas company’s stock worth $155,000 after buying an additional 88 shares during the period. PFS Partners LLC increased its stake in Exxon Mobil by 0.5% in the 1st quarter. PFS Partners LLC now owns 18,836 shares of the oil and gas company’s stock worth $2,190,000 after buying an additional 89 shares in the last quarter. Finally, WPWealth LLP raised its holdings in Exxon Mobil by 1.0% during the first quarter. WPWealth LLP now owns 8,701 shares of the oil and gas company’s stock valued at $1,011,000 after acquiring an additional 90 shares during the period. Institutional investors own 61.80% of the company’s stock.

Exxon Mobil Trading Down 0.1 %

Shares of XOM opened at $111.15 on Friday. The company’s fifty day simple moving average is $115.66 and its 200-day simple moving average is $115.06. The company has a market cap of $438.27 billion, a P/E ratio of 13.62, a P/E/G ratio of 4.38 and a beta of 0.90. The company has a current ratio of 1.36, a quick ratio of 1.01 and a debt-to-equity ratio of 0.13. Exxon Mobil Co. has a twelve month low of $95.77 and a twelve month high of $123.75.

Exxon Mobil (NYSE:XOM) last posted its quarterly earnings data on Friday, August 2nd. The oil and gas company reported $2.14 earnings per share for the quarter, topping analysts’ consensus estimates of $2.04 by $0.10. Exxon Mobil had a net margin of 9.73% and a return on equity of 16.07%. The company had revenue of $93.06 billion for the quarter, compared to analyst estimates of $90.09 billion. During the same period in the prior year, the company posted $1.94 EPS. The firm’s revenue for the quarter was up 12.2% on a year-over-year basis. As a group, analysts expect that Exxon Mobil Co. will post 8.36 EPS for the current year.

Exxon Mobil Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, September 10th. Investors of record on Thursday, August 15th were issued a dividend of $0.95 per share. This represents a $3.80 dividend on an annualized basis and a yield of 3.42%. The ex-dividend date was Thursday, August 15th. Exxon Mobil’s payout ratio is currently 46.57%.

Analysts Set New Price Targets

Several research firms recently issued reports on XOM. Sanford C. Bernstein cut their target price on Exxon Mobil from $139.00 to $138.00 and set an “outperform” rating for the company in a research report on Wednesday, July 17th. UBS Group increased their price objective on shares of Exxon Mobil from $156.00 to $157.00 and gave the company a “buy” rating in a report on Tuesday, August 20th. Wolfe Research began coverage on shares of Exxon Mobil in a report on Thursday, July 18th. They issued an “outperform” rating and a $146.00 target price on the stock. Barclays cut their target price on shares of Exxon Mobil from $147.00 to $142.00 and set an “overweight” rating for the company in a research note on Tuesday, July 9th. Finally, Truist Financial decreased their price target on shares of Exxon Mobil from $124.00 to $121.00 and set a “hold” rating on the stock in a research note on Monday, July 22nd. Seven research analysts have rated the stock with a hold rating, eleven have given a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat, Exxon Mobil has a consensus rating of “Moderate Buy” and an average target price of $136.29.

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.