Fairscale Capital LLC Acquires Shares of 339 Exxon Mobil Co. (NYSE:XOM)

Fairscale Capital LLC acquired a new stake in shares of Exxon Mobil Co. (NYSE:XOM) in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 339 shares of the oil and gas company’s stock, valued at approximately $39,000.

Several other large investors have also recently made changes to their positions in XOM. Gilbert & Cook Inc. increased its position in Exxon Mobil by 2.2% in the fourth quarter. Gilbert & Cook Inc. now owns 25,473 shares of the oil and gas company’s stock worth $2,547,000 after purchasing an additional 545 shares during the last quarter. Aveo Capital Partners LLC increased its holdings in shares of Exxon Mobil by 5.0% in the 4th quarter. Aveo Capital Partners LLC now owns 20,530 shares of the oil and gas company’s stock worth $2,053,000 after buying an additional 984 shares during the last quarter. Gryphon Financial Partners LLC raised its position in shares of Exxon Mobil by 42.3% during the 4th quarter. Gryphon Financial Partners LLC now owns 18,736 shares of the oil and gas company’s stock valued at $1,827,000 after buying an additional 5,565 shares in the last quarter. AXS Investments LLC lifted its holdings in shares of Exxon Mobil by 8.0% in the 4th quarter. AXS Investments LLC now owns 2,444 shares of the oil and gas company’s stock valued at $244,000 after acquiring an additional 180 shares during the last quarter. Finally, Sepio Capital LP grew its position in Exxon Mobil by 37.3% in the fourth quarter. Sepio Capital LP now owns 6,909 shares of the oil and gas company’s stock worth $691,000 after acquiring an additional 1,876 shares in the last quarter. 61.80% of the stock is owned by institutional investors.

Exxon Mobil Trading Down 0.6 %

XOM opened at $115.27 on Monday. The company has a current ratio of 1.36, a quick ratio of 1.01 and a debt-to-equity ratio of 0.13. The firm has a market cap of $454.51 billion, a price-to-earnings ratio of 14.13, a PEG ratio of 4.38 and a beta of 0.90. Exxon Mobil Co. has a 12 month low of $95.77 and a 12 month high of $123.75. The stock has a fifty day moving average price of $115.88 and a 200-day moving average price of $115.46.

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

Exxon Mobil Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, September 10th. Stockholders of record on Thursday, August 15th were given a dividend of $0.95 per share. This represents a $3.80 dividend on an annualized basis and a dividend yield of 3.30%. The ex-dividend date of this dividend was Thursday, August 15th. Exxon Mobil’s payout ratio is presently 46.57%.

Analysts Set New Price Targets

A number of brokerages have recently commented on XOM. UBS Group dropped their target price on Exxon Mobil from $157.00 to $149.00 and set a “buy” rating for the company in a report on Wednesday, September 18th. Wells Fargo & Company dropped their price objective on shares of Exxon Mobil from $139.00 to $135.00 and set an “overweight” rating for the company in a research note on Monday, August 5th. Barclays lowered their target price on shares of Exxon Mobil from $147.00 to $142.00 and set an “overweight” rating for the company in a report on Tuesday, July 9th. Mizuho upped their price target on shares of Exxon Mobil from $128.00 to $130.00 and gave the company a “neutral” rating in a report on Monday, September 16th. Finally, Royal Bank of Canada reissued a “sector perform” rating and issued a $135.00 price objective on shares of Exxon Mobil in a research note on Tuesday, July 9th. Seven research analysts have rated the stock with a hold rating, eleven have issued a buy rating and one has given a strong buy rating to the company. According to MarketBeat, Exxon Mobil currently has a consensus rating of “Moderate Buy” and a consensus price target of $135.76.

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.