Exxon Mobil Corporation $XOM Holdings Raised by Mason Investment Advisory Services Inc.

Mason Investment Advisory Services Inc. lifted its stake in shares of Exxon Mobil Corporation (NYSE:XOM) by 69.5% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 16,183 shares of the oil and gas company’s stock after purchasing an additional 6,633 shares during the quarter. Exxon Mobil comprises about 0.1% of Mason Investment Advisory Services Inc.’s investment portfolio, making the stock its 18th largest holding. Mason Investment Advisory Services Inc.’s holdings in Exxon Mobil were worth $1,745,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also modified their holdings of the company. Graybill Wealth Management LTD. acquired a new position in Exxon Mobil during the first quarter worth about $29,000. Elequin Capital LP bought a new stake in Exxon Mobil in the first quarter worth about $31,000. Clal Insurance Enterprises Holdings Ltd raised its position in Exxon Mobil by 396.7% in the first quarter. Clal Insurance Enterprises Holdings Ltd now owns 298 shares of the oil and gas company’s stock worth $35,000 after acquiring an additional 238 shares in the last quarter. Game Plan Financial Advisors LLC raised its position in 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 in the last quarter. Finally, Marshall & Sullivan Inc. WA bought a new stake in Exxon Mobil in the second quarter worth about $38,000. 61.80% of the stock is currently owned by institutional investors.

Insider Activity

In other news, VP Darrin L. Talley sold 2,158 shares of Exxon Mobil stock in a transaction dated Friday, August 22nd. The stock was sold at an average price of $110.45, for a total transaction of $238,351.10. Following the completion of the sale, the vice president directly owned 13,829 shares in the company, valued at $1,527,413.05. The trade was a 13.50% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. 0.03% of the stock is currently owned by corporate insiders.

Exxon Mobil Stock Down 0.4%

Shares of Exxon Mobil stock opened at $113.85 on Tuesday. The firm has a market cap of $485.37 billion, a price-to-earnings ratio of 16.17, a P/E/G ratio of 2.06 and a beta of 0.51. The company has a debt-to-equity ratio of 0.12, a current ratio of 1.25 and a quick ratio of 0.88. Exxon Mobil Corporation has a 52-week low of $97.80 and a 52-week high of $123.21. The stock has a 50-day simple moving average of $113.30 and a 200-day simple moving average of $110.08.

Exxon Mobil (NYSE:XOM) last announced its quarterly earnings results on Friday, June 17th. The oil and gas company reported $0.65 earnings per share (EPS) for the quarter. The business had revenue of $57.55 billion during the quarter. Exxon Mobil had a return on equity of 11.34% and a net margin of 9.17%. On average, equities research analysts expect that Exxon Mobil Corporation will post 7.43 earnings per share for the current fiscal year.

Exxon Mobil Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, December 10th. Stockholders of record on Friday, November 14th will be issued a dividend of $1.03 per share. The ex-dividend date is Friday, November 14th. This represents a $4.12 annualized dividend and a dividend yield of 3.6%. This is a positive change from Exxon Mobil’s previous quarterly dividend of $0.99. Exxon Mobil’s dividend payout ratio is presently 57.56%.

Analyst Upgrades and Downgrades

Several brokerages have commented on XOM. Wall Street Zen upgraded shares of Exxon Mobil from a “sell” rating to a “hold” rating in a research report on Saturday, September 13th. Piper Sandler set a $141.00 price target on shares of Exxon Mobil in a research report on Tuesday, October 7th. Melius Research began coverage on shares of Exxon Mobil in a research report on Wednesday, August 20th. They issued a “hold” rating and a $111.00 price target on the stock. Mizuho dropped their price target on shares of Exxon Mobil from $124.00 to $123.00 and set a “neutral” rating on the stock in a research report on Monday, September 15th. Finally, Scotiabank reissued an “outperform” rating on shares of Exxon Mobil in a research note on Monday. Two research analysts have rated the stock with a Strong Buy rating, eight have given a Buy rating and ten have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $128.50.

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.