Vanguard Capital Wealth Advisors Has $363,000 Stock Holdings in Exxon Mobil Co. (NYSE:XOM)

Vanguard Capital Wealth Advisors cut its holdings in shares of Exxon Mobil Co. (NYSE:XOM) by 12.9% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 3,056 shares of the oil and gas company’s stock after selling 454 shares during the period. Vanguard Capital Wealth Advisors’ holdings in Exxon Mobil were worth $363,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in XOM. Seneca House Advisors increased its stake in Exxon Mobil by 5.7% during the 1st quarter. Seneca House Advisors now owns 2,569 shares of the oil and gas company’s stock valued at $306,000 after purchasing an additional 138 shares in the last quarter. KFG Wealth Management LLC purchased a new position in Exxon Mobil during the 1st quarter worth $203,000. Alliance Wealth Advisors LLC boosted its holdings in shares of Exxon Mobil by 4.4% in the 1st quarter. Alliance Wealth Advisors LLC now owns 12,920 shares of the oil and gas company’s stock worth $1,537,000 after buying an additional 544 shares during the last quarter. Hudson Valley Investment Advisors Inc. ADV boosted its holdings in shares of Exxon Mobil by 1.0% in the 1st quarter. Hudson Valley Investment Advisors Inc. ADV now owns 104,603 shares of the oil and gas company’s stock worth $12,440,000 after buying an additional 1,062 shares during the last quarter. Finally, Impact Capital Partners LLC boosted its holdings in shares of Exxon Mobil by 6.4% in the 1st quarter. Impact Capital Partners LLC now owns 21,305 shares of the oil and gas company’s stock worth $2,534,000 after buying an additional 1,276 shares during the last quarter. Institutional investors own 61.80% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms have commented on XOM. Barclays reaffirmed a “hold” rating on shares of Exxon Mobil in a report on Thursday, May 22nd. Morgan Stanley decreased their price objective on shares of Exxon Mobil from $141.00 to $138.00 and set an “overweight” rating on the stock in a research report on Thursday, March 27th. Mizuho reduced their price target on shares of Exxon Mobil from $129.00 to $124.00 and set a “neutral” rating on the stock in a research report on Tuesday, May 13th. UBS Group lowered their price objective on Exxon Mobil from $135.00 to $131.00 and set a “buy” rating for the company in a research report on Monday, April 14th. Finally, Piper Sandler lowered Exxon Mobil from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, May 28th. One 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 MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $125.50.

Exxon Mobil Stock Up 2.4%

XOM opened at $104.29 on Friday. The company has a quick ratio of 0.97, a current ratio of 1.31 and a debt-to-equity ratio of 0.14. The firm has a 50 day moving average price of $105.42 and a 200-day moving average price of $109.19. Exxon Mobil Co. has a twelve month low of $97.80 and a twelve month high of $126.34. The stock has a market capitalization of $449.45 billion, a price-to-earnings ratio of 13.30, a PEG ratio of 3.02 and a beta of 0.51.

Exxon Mobil (NYSE:XOM) last released its quarterly earnings data on Friday, May 2nd. The oil and gas company reported $1.76 earnings per share for the quarter, beating the consensus estimate of $1.73 by $0.03. Exxon Mobil had a net margin of 9.63% and a return on equity of 12.92%. The firm had revenue of $83.13 billion during the quarter, compared to analysts’ expectations of $86.11 billion. During the same period in the previous year, the company earned $2.06 earnings per share. The firm’s quarterly revenue was up .1% on a year-over-year basis. Equities research analysts forecast that Exxon Mobil Co. will post 7.43 earnings per share for the current year.

Exxon Mobil Dividend Announcement

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

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.