Exxon Mobil Co. (NYSE:XOM) Holdings Boosted by Addison Capital Co

Addison Capital Co boosted its holdings in Exxon Mobil Co. (NYSE:XOM – Get Rating) by 3.7% during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 5,703 shares of the oil and gas company’s stock after acquiring an additional 203 shares during the period. Addison Capital Co’s holdings in Exxon Mobil were worth $629,000 at the end of the most recent quarter.

Several other large investors also recently made changes to their positions in XOM. Karp Capital Management Corp acquired a new position in shares of Exxon Mobil during the third quarter valued at approximately $28,000. Clear Perspectives Financial Planning LLC increased its stake in shares of Exxon Mobil by 259.0% during the third quarter. Clear Perspectives Financial Planning LLC now owns 377 shares of the oil and gas company’s stock valued at $33,000 after acquiring an additional 272 shares during the period. Mine & Arao Wealth Creation & Management LLC. increased its stake in shares of Exxon Mobil by 61.7% during the third quarter. Mine & Arao Wealth Creation & Management LLC. now owns 443 shares of the oil and gas company’s stock valued at $39,000 after acquiring an additional 169 shares during the period. Horizons Wealth Management acquired a new position in shares of Exxon Mobil during the second quarter valued at approximately $41,000. Finally, Orion Capital Management LLC acquired a new position in shares of Exxon Mobil during the third quarter valued at approximately $44,000. Institutional investors and hedge funds own 57.49% of the company’s stock.

Insiders Place Their Bets

In other news, VP Darrin L. Talley sold 2,500 shares of the stock in a transaction that occurred on Wednesday, February 1st. The stock was sold at an average price of $115.50, for a total value of $288,750.00. Following the completion of the transaction, the vice president now directly owns 31,772 shares of the company’s stock, valued at approximately $3,669,666. The sale was disclosed in a legal filing with the SEC, which is available at this link. Corporate insiders own 0.04% of the company’s stock.

Exxon Mobil Price Performance

Shares of XOM stock opened at $99.84 on Friday. The stock has a 50 day moving average of $111.74 and a two-hundred day moving average of $106.43. The company has a current ratio of 1.41, a quick ratio of 1.06 and a debt-to-equity ratio of 0.20. Exxon Mobil Co. has a 12 month low of $78.10 and a 12 month high of $119.63. The company has a market capitalization of $406.45 billion, a P/E ratio of 7.53, a P/E/G ratio of 0.46 and a beta of 1.09.

Exxon Mobil (NYSE:XOM – Get Rating) last announced its quarterly earnings data on Tuesday, January 31st. The oil and gas company reported $3.40 EPS for the quarter, topping analysts’ consensus estimates of $3.32 by $0.08. Exxon Mobil had a return on equity of 31.25% and a net margin of 13.47%. The company had revenue of $95.43 billion during the quarter, compared to the consensus estimate of $90.21 billion. During the same quarter last year, the company earned $2.05 EPS. The company’s quarterly revenue was up 12.3% on a year-over-year basis. As a group, equities analysts expect that Exxon Mobil Co. will post 10.08 EPS for the current year.

Exxon Mobil Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, March 10th. Shareholders of record on Tuesday, February 14th were given a $0.91 dividend. The ex-dividend date of this dividend was Monday, February 13th. This represents a $3.64 dividend on an annualized basis and a dividend yield of 3.65%. Exxon Mobil’s dividend payout ratio is currently 27.45%.

Wall Street Analysts Forecast Growth

Several research analysts have issued reports on the stock. Cowen lifted their price target on shares of Exxon Mobil from $108.00 to $113.00 and gave the stock a “market perform” rating in a research report on Thursday, February 2nd. Bank of America lifted their price target on shares of Exxon Mobil from $136.00 to $140.00 and gave the stock a “buy” rating in a research report on Wednesday, February 1st. B. Riley lifted their price target on shares of Exxon Mobil from $128.00 to $133.00 and gave the stock a “buy” rating in a research report on Thursday, February 2nd. Redburn Partners downgraded shares of Exxon Mobil from a “neutral” rating to a “sell” rating in a research note on Wednesday, January 18th. Finally, Barclays raised their target price on Exxon Mobil from $111.00 to $129.00 and gave the stock an “overweight” rating in a research report on Tuesday, January 3rd. One equities research analyst has rated the stock with a sell rating, seven have given a hold rating and fifteen have issued a buy rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $121.64.

Exxon Mobil Company Profile

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Exxon Mobil Corp. engages in the exploration, development, and distribution of oil, gas, and petroleum products. It operates through the following segments: Upstream, Downstream and Chemical. The Upstream segment produces crude oil and natural gas. The Downstream segment manufactures and trades petroleum products.