Carl Stuart Investment Advisor Inc. Has $1.32 Million Position in Exxon Mobil Corporation $XOM

Carl Stuart Investment Advisor Inc. grew its holdings in Exxon Mobil Corporation (NYSE:XOM) by 3.0% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 12,209 shares of the oil and gas company’s stock after purchasing an additional 355 shares during the period. Exxon Mobil comprises about 0.7% of Carl Stuart Investment Advisor Inc.’s investment portfolio, making the stock its 7th biggest holding. Carl Stuart Investment Advisor Inc.’s holdings in Exxon Mobil were worth $1,316,000 at the end of the most recent quarter.

Several other large investors also recently bought and sold shares of XOM. Graybill Wealth Management LTD. bought a new stake in shares of Exxon Mobil in the first quarter worth approximately $29,000. Elequin Capital LP bought a new stake in Exxon Mobil in the 1st quarter worth approximately $31,000. Clal Insurance Enterprises Holdings Ltd grew its position in Exxon Mobil by 396.7% in the 1st quarter. Clal Insurance Enterprises Holdings Ltd now owns 298 shares of the oil and gas company’s stock worth $35,000 after purchasing an additional 238 shares during the period. Game Plan Financial Advisors LLC grew its holdings in shares of Exxon Mobil by 1,500.0% in the first quarter. Game Plan Financial Advisors LLC now owns 320 shares of the oil and gas company’s stock worth $38,000 after acquiring an additional 300 shares during the period. Finally, 1248 Management LLC bought a new stake in shares of Exxon Mobil in the first quarter worth $40,000. 61.80% of the stock is currently owned by institutional investors.

Insider Buying and Selling at Exxon Mobil

In other news, VP Darrin L. Talley sold 2,158 shares of the company’s stock in a transaction dated Friday, August 22nd. The stock was sold at an average price of $110.45, for a total value of $238,351.10. Following the completion of the transaction, the vice president owned 13,829 shares of the company’s stock, valued at $1,527,413.05. This represents a 13.50% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. 0.03% of the stock is currently owned by company insiders.

Exxon Mobil Trading Up 0.1%

Shares of NYSE:XOM opened at $112.40 on Wednesday. The company has a market cap of $479.21 billion, a PE ratio of 15.97, a price-to-earnings-growth ratio of 2.03 and a beta of 0.51. Exxon Mobil Corporation has a 12-month low of $97.80 and a 12-month high of $123.21. The stock has a 50 day moving average of $111.52 and a 200 day moving average of $109.34. 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 posted its quarterly earnings results on Friday, June 17th. The oil and gas company reported $0.65 earnings per share for the quarter. The business had revenue of $57.55 billion during the quarter. Exxon Mobil had a net margin of 9.17% and a return on equity of 11.34%. As a group, equities research analysts expect that Exxon Mobil Corporation will post 7.43 EPS for the current year.

Exxon Mobil Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, September 10th. Stockholders of record on Friday, August 15th were paid a $0.99 dividend. The ex-dividend date of this dividend was Friday, August 15th. This represents a $3.96 dividend on an annualized basis and a dividend yield of 3.5%. Exxon Mobil’s dividend payout ratio is 56.25%.

Wall Street Analyst Weigh In

Several brokerages recently commented on XOM. Melius Research started coverage on Exxon Mobil in a report on Wednesday, August 20th. They issued a “hold” rating and a $111.00 price objective for the company. Wall Street Zen upgraded Exxon Mobil from a “sell” rating to a “hold” rating in a research note on Saturday, September 13th. Melius began coverage on shares of Exxon Mobil in a research report on Wednesday, August 20th. They set a “hold” rating and a $111.00 target price for the company. TD Cowen boosted their target price on shares of Exxon Mobil from $120.00 to $128.00 and gave the company a “buy” rating in a research report on Monday, June 23rd. Finally, Bank of America boosted their price objective on shares of Exxon Mobil from $113.00 to $120.00 and gave the company a “neutral” rating in a research report on Wednesday, September 10th. One research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and ten have assigned a Hold rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $126.05.

Exxon Mobil 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.