Lee Johnson Capital Management LLC Has $2.60 Million Stock Position in Exxon Mobil Co. (NYSE:XOM)

Lee Johnson Capital Management LLC lifted its holdings in shares of Exxon Mobil Co. (NYSE:XOM) by 197.2% in the third quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 22,180 shares of the oil and gas company’s stock after buying an additional 14,716 shares during the period. Exxon Mobil comprises about 1.3% of Lee Johnson Capital Management LLC’s portfolio, making the stock its 20th biggest holding. Lee Johnson Capital Management LLC’s holdings in Exxon Mobil were worth $2,600,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of the business. Massachusetts Financial Services Co. MA increased its holdings in Exxon Mobil by 532.8% in the 2nd quarter. Massachusetts Financial Services Co. MA now owns 16,815,314 shares of the oil and gas company’s stock worth $1,935,779,000 after purchasing an additional 14,158,054 shares in the last quarter. Global Assets Advisory LLC increased its holdings in Exxon Mobil by 16,399.4% in the 1st quarter. Global Assets Advisory LLC now owns 12,616,904 shares of the oil and gas company’s stock worth $1,466,589,000 after purchasing an additional 12,540,435 shares in the last quarter. Primecap Management Co. CA acquired a new position in Exxon Mobil in the 2nd quarter worth about $980,210,000. Capital International Investors increased its holdings in Exxon Mobil by 25.1% in the 1st quarter. Capital International Investors now owns 27,511,952 shares of the oil and gas company’s stock worth $3,197,989,000 after purchasing an additional 5,523,429 shares in the last quarter. Finally, Dimensional Fund Advisors LP increased its holdings in Exxon Mobil by 16.9% in the 2nd quarter. Dimensional Fund Advisors LP now owns 36,794,077 shares of the oil and gas company’s stock worth $4,235,972,000 after purchasing an additional 5,330,887 shares in the last quarter. Institutional investors and hedge funds own 61.80% of the company’s stock.

Analyst Ratings Changes

A number of brokerages have issued reports on XOM. Wells Fargo & Company upped their target price on Exxon Mobil from $135.00 to $136.00 and gave the stock an “overweight” rating in a report on Friday, September 27th. BMO Capital Markets upped their target price on Exxon Mobil from $127.00 to $130.00 and gave the stock a “market perform” rating in a report on Friday, October 4th. UBS Group lowered 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. Barclays decreased their price target on Exxon Mobil from $142.00 to $137.00 and set an “overweight” rating for the company in a research note on Thursday, October 3rd. Finally, Morgan Stanley decreased their price target on Exxon Mobil from $145.00 to $142.00 and set an “overweight” rating for the company in a research note on Monday, September 16th. One equities research analyst has rated the stock with a sell rating, eight have issued a hold rating, ten have assigned a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $131.44.

Exxon Mobil Stock Down 0.3 %

Shares of Exxon Mobil stock opened at $120.01 on Monday. The firm has a market cap of $473.20 billion, a price-to-earnings ratio of 14.71, a PEG ratio of 5.02 and a beta of 0.89. Exxon Mobil Co. has a one year low of $95.77 and a one year high of $126.34. The stock’s 50-day moving average is $117.39 and its 200 day moving average is $116.47. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.36 and a quick ratio of 1.01.

Exxon Mobil (NYSE:XOM) last issued its quarterly earnings data on Friday, August 2nd. The oil and gas company reported $2.14 EPS for the quarter, topping the consensus estimate of $2.04 by $0.10. The firm had revenue of $93.06 billion during the quarter, compared to the consensus estimate of $90.09 billion. Exxon Mobil had a return on equity of 16.07% and a net margin of 9.73%. The company’s quarterly revenue was up 12.2% compared to the same quarter last year. During the same period in the prior year, the business posted $1.94 earnings per share. Equities research analysts anticipate that Exxon Mobil Co. will post 8.11 EPS for the current year.

Exxon Mobil Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, September 10th. Stockholders of record on Thursday, August 15th were paid a $0.95 dividend. This represents a $3.80 annualized dividend and a dividend yield of 3.17%. The ex-dividend date was Thursday, August 15th. Exxon Mobil’s dividend payout ratio (DPR) is presently 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.