10,399 Shares in Exxon Mobil Co. (NYSE:XOM) Bought by FNY Investment Advisers LLC

FNY Investment Advisers LLC purchased a new stake in shares of Exxon Mobil Co. (NYSE:XOM) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 10,399 shares of the oil and gas company’s stock, valued at approximately $1,118,000.

A number of other institutional investors and hedge funds have also recently modified their holdings of XOM. Eagle Capital Management LLC raised its stake in shares of Exxon Mobil by 4.9% during the second quarter. Eagle Capital Management LLC now owns 2,460 shares of the oil and gas company’s stock valued at $283,000 after acquiring an additional 114 shares during the last quarter. Bigelow Investment Advisors LLC raised its position in Exxon Mobil by 0.6% during the 2nd quarter. Bigelow Investment Advisors LLC now owns 13,543 shares of the oil and gas company’s stock valued at $1,559,000 after purchasing an additional 86 shares during the last quarter. Alta Advisers Ltd lifted its holdings in Exxon Mobil by 12.6% in the 2nd quarter. Alta Advisers Ltd now owns 12,494 shares of the oil and gas company’s stock worth $1,438,000 after buying an additional 1,394 shares during the period. J.W. Cole Advisors Inc. grew its position in shares of Exxon Mobil by 28.4% in the 2nd quarter. J.W. Cole Advisors Inc. now owns 145,201 shares of the oil and gas company’s stock worth $16,716,000 after buying an additional 32,117 shares during the last quarter. Finally, SilverOak Wealth Management LLC increased its stake in shares of Exxon Mobil by 13.1% during the second quarter. SilverOak Wealth Management LLC now owns 2,712 shares of the oil and gas company’s stock valued at $312,000 after buying an additional 314 shares during the period. 61.80% of the stock is owned by institutional investors.

Exxon Mobil Stock Up 0.4 %

Shares of Exxon Mobil stock opened at $109.68 on Wednesday. The company has a 50-day simple moving average of $113.12 and a two-hundred day simple moving average of $115.58. Exxon Mobil Co. has a 52-week low of $95.77 and a 52-week high of $126.34. The company has a debt-to-equity ratio of 0.13, a quick ratio of 1.01 and a current ratio of 1.35. The stock has a market capitalization of $482.05 billion, a PE ratio of 13.66, a price-to-earnings-growth ratio of 4.65 and a beta of 0.91.

Exxon Mobil (NYSE:XOM) last released its quarterly earnings data 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. Exxon Mobil had a return on equity of 14.73% and a net margin of 9.61%. The business had revenue of $90.02 billion for the quarter, compared to analysts’ expectations of $93.98 billion. During the same period in the prior year, the firm posted $2.27 EPS. The firm’s quarterly revenue was down .8% on a year-over-year basis. On average, analysts anticipate that Exxon Mobil Co. will post 7.95 EPS for the current fiscal year.

Exxon Mobil Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, December 10th. Stockholders of record on Thursday, November 14th were paid a $0.99 dividend. The ex-dividend date was Thursday, November 14th. This is a positive change from Exxon Mobil’s previous quarterly dividend of $0.95. This represents a $3.96 dividend on an annualized basis and a dividend yield of 3.61%. Exxon Mobil’s payout ratio is currently 49.32%.

Analysts Set New Price Targets

A number of analysts recently commented on the company. Redburn Atlantic reaffirmed a “neutral” rating and issued a $120.00 price target (up previously from $119.00) on shares of Exxon Mobil in a research note on Tuesday, September 24th. UBS Group dropped their target price on shares of Exxon Mobil from $149.00 to $147.00 and set a “buy” rating for the company in a research report on Thursday, December 12th. TD Cowen reduced their price target on shares of Exxon Mobil from $132.00 to $128.00 and set a “buy” rating on the stock in a research report on Monday, December 16th. BNP Paribas lowered shares of Exxon Mobil from a “neutral” rating to an “underperform” rating and set a $105.00 price objective for the company. in a report on Wednesday, October 9th. Finally, JPMorgan Chase & Co. reduced their target price on Exxon Mobil from $130.00 to $125.00 and set an “overweight” rating on the stock in a report on Monday, December 16th. One equities research analyst has rated the stock with a sell rating, seven have issued a hold rating, ten have issued a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, Exxon Mobil has a consensus rating of “Moderate Buy” and an average target price of $128.84.

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.