395 Shares in Exxon Mobil Corporation $XOM Acquired by GFG Capital LLC

GFG Capital LLC purchased a new stake in shares of Exxon Mobil Corporation (NYSE:XOM) during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 395 shares of the oil and gas company’s stock, valued at approximately $43,000.

Several other institutional investors and hedge funds have also modified their holdings of the stock. GAMMA Investing LLC lifted its stake in shares of Exxon Mobil by 20.6% in the 1st quarter. GAMMA Investing LLC now owns 79,522 shares of the oil and gas company’s stock valued at $9,458,000 after purchasing an additional 13,582 shares during the last quarter. Eagle Capital Management LLC boosted its position in shares of Exxon Mobil by 15.3% in the first quarter. Eagle Capital Management LLC now owns 2,836 shares of the oil and gas company’s stock valued at $337,000 after acquiring an additional 376 shares during the period. Ironwood Wealth Management LLC. bought a new stake in shares of Exxon Mobil in the first quarter valued at approximately $200,000. Osprey Private Wealth LLC raised its stake in shares of Exxon Mobil by 38.7% in the first quarter. Osprey Private Wealth LLC now owns 4,300 shares of the oil and gas company’s stock valued at $511,000 after purchasing an additional 1,200 shares in the last quarter. Finally, Relyea Zuckerberg Hanson LLC raised its stake in shares of Exxon Mobil by 1.9% in the first quarter. Relyea Zuckerberg Hanson LLC now owns 35,005 shares of the oil and gas company’s stock valued at $4,163,000 after purchasing an additional 656 shares in the last quarter. 61.80% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity at Exxon Mobil

In other news, VP Darrin L. Talley sold 2,158 shares of Exxon Mobil stock in a transaction dated Friday, August 22nd. The stock was sold at an average price of $110.45, for a total transaction of $238,351.10. Following the sale, the vice president directly owned 13,829 shares of the company’s stock, valued at approximately $1,527,413.05. This trade represents a 13.50% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Insiders own 0.03% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts have commented on the company. Weiss Ratings reissued a “hold (c)” rating on shares of Exxon Mobil in a research note on Wednesday. Wall Street Zen upgraded shares of Exxon Mobil from a “sell” rating to a “hold” rating in a report on Saturday, September 13th. Melius started coverage on Exxon Mobil in a report on Wednesday, August 20th. They set a “hold” rating and a $111.00 target price on the stock. Barclays dropped their price objective on shares of Exxon Mobil from $127.00 to $126.00 and set an “overweight” rating on the stock in a report on Tuesday. Finally, TD Cowen increased their target price on shares of Exxon Mobil from $120.00 to $128.00 and gave the stock a “buy” rating in a report on Monday, June 23rd. One investment analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and ten have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, Exxon Mobil currently has an average rating of “Moderate Buy” and an average target price of $125.95.

Exxon Mobil Stock Performance

NYSE:XOM opened at $110.93 on Friday. The stock has a 50 day simple moving average of $111.32 and a 200 day simple moving average of $109.42. The stock has a market cap of $472.94 billion, a P/E ratio of 15.76, a PEG ratio of 2.00 and a beta of 0.51. Exxon Mobil Corporation has a 1-year low of $97.80 and a 1-year high of $124.26. The company has a current ratio of 1.25, a quick ratio of 0.88 and a debt-to-equity ratio of 0.12.

Exxon Mobil (NYSE:XOM) last announced its earnings results on Friday, June 17th. The oil and gas company reported $0.65 earnings per share (EPS) for the quarter. The firm had revenue of $57.55 billion for the quarter. Exxon Mobil had a net margin of 9.17% and a return on equity of 11.34%. Research analysts anticipate that Exxon Mobil Corporation will post 7.43 earnings per share for the current year.

Exxon Mobil Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, September 10th. Investors of record on Friday, August 15th were given a dividend of $0.99 per share. This represents a $3.96 dividend on an annualized basis and a yield of 3.6%. The ex-dividend date was Friday, August 15th. Exxon Mobil’s dividend payout ratio is currently 56.25%.

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.