Roman Butler Fullerton & Co. Has $1.22 Million Stake in Exxon Mobil Co. (NYSE:XOM)

Roman Butler Fullerton & Co. lifted its stake in Exxon Mobil Co. (NYSE:XOM) by 1.4% in the 3rd quarter, HoldingsChannel reports. The institutional investor owned 10,133 shares of the oil and gas company’s stock after purchasing an additional 137 shares during the quarter. Roman Butler Fullerton & Co.’s holdings in Exxon Mobil were worth $1,220,000 at the end of the most recent reporting period.

Several other institutional investors have also made changes to their positions in XOM. FPC Investment Advisory Inc. bought a new stake in Exxon Mobil during the first quarter worth $25,000. Fairway Wealth LLC acquired a new position in shares of Exxon Mobil during the second quarter worth $35,000. Anfield Capital Management LLC increased its holdings in Exxon Mobil by 360.0% in the second quarter. Anfield Capital Management LLC now owns 322 shares of the oil and gas company’s stock valued at $37,000 after purchasing an additional 252 shares during the period. Fairscale Capital LLC acquired a new stake in Exxon Mobil in the second quarter valued at $39,000. Finally, POM Investment Strategies LLC increased its holdings in Exxon Mobil by 918.9% in the second quarter. POM Investment Strategies LLC now owns 377 shares of the oil and gas company’s stock valued at $43,000 after purchasing an additional 340 shares during the period. 61.80% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of analysts have weighed in on the company. BNP Paribas downgraded Exxon Mobil from a “neutral” rating to an “underperform” rating and set a $105.00 price target for the company. in a report on Wednesday, October 9th. Bank of America began coverage on shares of Exxon Mobil in a research report on Thursday, October 17th. They set a “neutral” rating and a $124.00 price objective on the stock. JPMorgan Chase & Co. raised their price target on shares of Exxon Mobil from $127.00 to $128.00 in a research report on Thursday, October 31st. Barclays cut their target price on Exxon Mobil from $142.00 to $137.00 and set an “overweight” rating on the stock in a research note on Thursday, October 3rd. Finally, Wolfe Research boosted their target price on Exxon Mobil from $137.00 to $138.00 in a research note on Thursday, October 31st. One research analyst has rated the stock with a sell rating, eight have assigned a hold rating, ten have given a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $129.95.

Exxon Mobil Trading Up 3.2 %

Exxon Mobil stock opened at $118.61 on Tuesday. Exxon Mobil Co. has a fifty-two week low of $95.77 and a fifty-two week high of $126.34. The firm’s fifty day moving average price is $117.67 and its 200-day moving average price is $116.33. The stock has a market cap of $467.68 billion, a P/E ratio of 14.19, a PEG ratio of 4.86 and a beta of 0.90. The company has a debt-to-equity ratio of 0.13, a quick ratio of 1.01 and a current ratio of 1.36.

Exxon Mobil (NYSE:XOM) last posted its quarterly earnings results on Friday, November 1st. The oil and gas company reported $1.92 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.91 by $0.01. The business had revenue of $90.02 billion during the quarter, compared to analyst estimates of $93.98 billion. Exxon Mobil had a net margin of 9.73% and a return on equity of 16.07%. The company’s revenue was down .8% on a year-over-year basis. During the same period in the prior year, the business posted $2.27 earnings per share. Equities research analysts forecast that Exxon Mobil Co. will post 8.01 earnings per share for the current fiscal year.

Exxon Mobil Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, December 10th. Investors of record on Thursday, November 14th will be paid a $0.99 dividend. This is an increase from Exxon Mobil’s previous quarterly dividend of $0.95. This represents a $3.96 dividend on an annualized basis and a yield of 3.34%. The ex-dividend date of this dividend is Thursday, November 14th. Exxon Mobil’s dividend payout ratio is presently 45.45%.

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.