Calton & Associates Inc. Buys 5,673 Shares of Exxon Mobil Corporation $XOM

Calton & Associates Inc. raised its position in shares of Exxon Mobil Corporation (NYSE:XOM) by 26.5% in the third quarter, according to its most recent filing with the SEC. The firm owned 27,117 shares of the oil and gas company’s stock after purchasing an additional 5,673 shares during the quarter. Calton & Associates Inc.’s holdings in Exxon Mobil were worth $3,057,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Golden Road Advisors LLC acquired a new stake in shares of Exxon Mobil during the third quarter worth $212,000. PNC Financial Services Group Inc. grew its holdings in Exxon Mobil by 1.6% during the 3rd quarter. PNC Financial Services Group Inc. now owns 10,681,632 shares of the oil and gas company’s stock worth $1,204,354,000 after acquiring an additional 163,186 shares during the period. Shepherd Financial Partners LLC raised its position in shares of Exxon Mobil by 5.4% in the 3rd quarter. Shepherd Financial Partners LLC now owns 17,204 shares of the oil and gas company’s stock worth $1,940,000 after acquiring an additional 888 shares in the last quarter. Uniting Wealth Partners LLC lifted its stake in shares of Exxon Mobil by 6.7% in the 3rd quarter. Uniting Wealth Partners LLC now owns 47,911 shares of the oil and gas company’s stock valued at $5,402,000 after purchasing an additional 2,999 shares during the period. Finally, Investment Partners LTD. lifted its stake in shares of Exxon Mobil by 1.2% in the 3rd quarter. Investment Partners LTD. now owns 15,768 shares of the oil and gas company’s stock valued at $1,778,000 after purchasing an additional 183 shares during the period. Institutional investors and hedge funds own 61.80% of the company’s stock.

Insider Buying and Selling

In other Exxon Mobil news, VP Darrin L. Talley sold 3,230 shares of Exxon Mobil stock in a transaction on Monday, February 9th. The shares were sold at an average price of $149.18, for a total transaction of $481,851.40. Following the transaction, the vice president directly owned 20,354 shares of the company’s stock, valued at $3,036,409.72. The trade was a 13.70% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Over the last ninety days, insiders sold 14,230 shares of company stock valued at $1,888,421. Corporate insiders own 0.03% of the company’s stock.

Exxon Mobil Stock Down 1.0%

Shares of NYSE XOM opened at $148.47 on Friday. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.15 and a quick ratio of 0.79. The company has a 50-day moving average price of $129.26 and a 200-day moving average price of $118.77. The stock has a market capitalization of $626.12 billion, a P/E ratio of 22.19, a P/E/G ratio of 15.44 and a beta of 0.39. Exxon Mobil Corporation has a 1 year low of $97.80 and a 1 year high of $156.93.

Exxon Mobil (NYSE:XOM) last posted its earnings results on Friday, January 30th. The oil and gas company reported $1.71 earnings per share for the quarter, topping analysts’ consensus estimates of $1.63 by $0.08. The company had revenue of $82.31 billion for the quarter, compared to analyst estimates of $77.98 billion. Exxon Mobil had a net margin of 8.68% and a return on equity of 11.21%. The firm’s revenue was down 1.3% compared to the same quarter last year. During the same quarter in the prior year, the business posted $1.67 EPS. On average, equities research analysts forecast that Exxon Mobil Corporation will post 7.43 EPS for the current fiscal year.

Exxon Mobil Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, March 10th. Investors of record on Thursday, February 12th will be given a dividend of $1.03 per share. The ex-dividend date of this dividend is Thursday, February 12th. This represents a $4.12 annualized dividend and a dividend yield of 2.8%. Exxon Mobil’s payout ratio is presently 61.58%.

Analysts Set New Price Targets

A number of brokerages have weighed in on XOM. Royal Bank Of Canada lifted their target price on Exxon Mobil from $145.00 to $150.00 and gave the stock a “sector perform” rating in a report on Monday, February 2nd. Wells Fargo & Company dropped their target price on shares of Exxon Mobil from $158.00 to $156.00 and set an “overweight” rating on the stock in a research report on Monday, February 2nd. Barclays raised their price target on shares of Exxon Mobil from $140.00 to $145.00 and gave the stock an “overweight” rating in a report on Tuesday, February 3rd. Mizuho set a $140.00 price objective on shares of Exxon Mobil in a report on Wednesday, February 4th. Finally, Loop Capital set a $123.00 target price on Exxon Mobil in a research note on Tuesday, February 3rd. Nine equities research analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat, Exxon Mobil currently has a consensus rating of “Hold” and an average price target of $140.59.

Exxon Mobil Company Profile

Exxon Mobil Corporation (NYSE: XOM) is an integrated oil and gas company engaged in the exploration, production, refining, distribution and marketing of petroleum products and the manufacture and sale of petrochemicals. Its operations span the full energy value chain, including upstream exploration and development of crude oil and natural gas; midstream transportation and storage; and downstream refining, product distribution and retail. The company also produces a broad range of chemical products for industrial and consumer applications.

ExxonMobil markets fuels and lubricants under well-known brands such as Exxon, Mobil and Esso, and its Mobil 1 motor oil is a prominent consumer product.