First National Corp MA ADV Increases Stock Position in Exxon Mobil Co. (NYSE:XOM)

First National Corp MA ADV boosted its holdings in Exxon Mobil Co. (NYSE:XOM) by 3.7% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 9,094 shares of the oil and gas company’s stock after acquiring an additional 328 shares during the quarter. First National Corp MA ADV’s holdings in Exxon Mobil were worth $1,082,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. 10Elms LLP purchased a new position in Exxon Mobil in the 4th quarter worth about $25,000. Fairway Wealth LLC bought a new stake in shares of Exxon Mobil in the fourth quarter worth approximately $31,000. Capital A Wealth Management LLC bought a new stake in shares of Exxon Mobil in the fourth quarter worth approximately $32,000. Keystone Financial Group Inc. purchased a new position in shares of Exxon Mobil during the fourth quarter valued at approximately $36,000. Finally, Compass Planning Associates Inc bought a new position in Exxon Mobil during the fourth quarter valued at approximately $47,000. 61.80% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of equities research analysts have weighed in on XOM shares. Morgan Stanley decreased their target price on shares of Exxon Mobil from $141.00 to $138.00 and set an “overweight” rating for the company in a research note on Thursday, March 27th. Scotiabank cut their price objective on Exxon Mobil from $140.00 to $115.00 and set a “sector outperform” rating for the company in a report on Friday, April 11th. Royal Bank of Canada reissued a “sector perform” rating on shares of Exxon Mobil in a report on Thursday, May 22nd. Mizuho dropped their target price on Exxon Mobil from $129.00 to $124.00 and set a “neutral” rating on the stock in a research report on Tuesday, May 13th. Finally, UBS Group reduced their price target on shares of Exxon Mobil from $135.00 to $131.00 and set a “buy” rating for the company in a research report on Monday, April 14th. One investment analyst has rated the stock with a sell rating, ten have given a hold rating, nine have assigned a buy rating and two have assigned a strong buy rating to the stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $125.50.

Exxon Mobil Stock Performance

Shares of NYSE XOM opened at $104.29 on Friday. The stock has a market cap of $449.45 billion, a PE ratio of 13.30, a price-to-earnings-growth ratio of 3.02 and a beta of 0.51. Exxon Mobil Co. has a 1 year low of $97.80 and a 1 year high of $126.34. The firm has a fifty day moving average price of $105.42 and a 200-day moving average price of $109.19. The company has a debt-to-equity ratio of 0.14, a current ratio of 1.31 and a quick ratio of 0.97.

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

Exxon Mobil Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 10th. Stockholders of record on Thursday, May 15th will be paid a $0.99 dividend. This represents a $3.96 dividend on an annualized basis and a dividend yield of 3.80%. The ex-dividend date is Thursday, May 15th. Exxon Mobil’s dividend payout ratio (DPR) is 52.52%.

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.