AA Financial Advisors LLC Acquires 777 Shares of Exxon Mobil Co. (NYSE:XOM)

AA Financial Advisors LLC grew its holdings in shares of Exxon Mobil Co. (NYSE:XOM) by 29.8% during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 3,385 shares of the oil and gas company’s stock after purchasing an additional 777 shares during the period. AA Financial Advisors LLC’s holdings in Exxon Mobil were worth $403,000 at the end of the most recent quarter.

Several other hedge funds also recently made changes to their positions in XOM. 10Elms LLP acquired a new stake in Exxon Mobil during the fourth quarter worth about $25,000. Fairway Wealth LLC acquired a new stake in shares of Exxon Mobil in the 4th quarter valued at $31,000. Capital A Wealth Management LLC bought a new position in shares of Exxon Mobil in the 4th quarter valued at $32,000. Compass Planning Associates Inc acquired a new position in shares of Exxon Mobil during the 4th quarter worth $47,000. Finally, Synergy Investment Management LLC bought a new stake in shares of Exxon Mobil during the 4th quarter worth $47,000. 61.80% of the stock is owned by institutional investors.

Exxon Mobil Price Performance

Shares of XOM opened at $112.48 on Tuesday. The business has a 50-day moving average of $105.75 and a 200-day moving average of $108.62. The company has a debt-to-equity ratio of 0.14, a current ratio of 1.31 and a quick ratio of 0.97. The company has a market capitalization of $484.73 billion, a price-to-earnings ratio of 14.35, a price-to-earnings-growth ratio of 3.02 and a beta of 0.49. Exxon Mobil Co. has a 1 year low of $97.80 and a 1 year high of $126.34.

Exxon Mobil (NYSE:XOM) last released its earnings results on Friday, May 2nd. The oil and gas company reported $1.76 earnings per share for the quarter, beating analysts’ consensus estimates of $1.73 by $0.03. The business had revenue of $83.13 billion during the quarter, compared to the consensus estimate of $86.11 billion. Exxon Mobil had a net margin of 9.63% and a return on equity of 12.92%. The company’s revenue for the quarter was up .1% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $2.06 EPS. As a group, equities research analysts anticipate that Exxon Mobil Co. will post 7.43 earnings per share for the current year.

Exxon Mobil Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, June 10th. Investors of record on Thursday, May 15th were paid a dividend of $0.99 per share. This represents a $3.96 dividend on an annualized basis and a yield of 3.52%. The ex-dividend date was Thursday, May 15th. Exxon Mobil’s dividend payout ratio is presently 52.52%.

Wall Street Analyst Weigh In

A number of research analysts have issued reports on XOM shares. UBS Group decreased their target price on Exxon Mobil from $135.00 to $131.00 and set a “buy” rating on the stock in a research report on Monday, April 14th. Morgan Stanley decreased their price target on shares of Exxon Mobil from $141.00 to $138.00 and set an “overweight” rating on the stock in a report on Thursday, March 27th. Royal Bank of Canada reissued a “sector perform” rating on shares of Exxon Mobil in a research note on Thursday, May 22nd. Barclays reaffirmed a “hold” rating on shares of Exxon Mobil in a research note on Thursday, May 22nd. Finally, Scotiabank dropped their price target on Exxon Mobil from $140.00 to $115.00 and set a “sector outperform” rating for the company in a research note on Friday, April 11th. One equities research analyst has rated the stock with a sell rating, ten have issued a hold rating, nine have assigned a buy rating and two have given a strong buy rating to the company. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $125.50.

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.