Clear Investment Research LLC acquires 362 shares of Exxon Mobil Co. (NYSE:XOM)

Clear Investment Research LLC increased its holdings in shares of Exxon Mobil Co in the 2nd quarter. (NYSE:XOM – Free Report) by 34.8% during the 2nd quarter, Holdings Channel.com reports. The firm owned 1,403 shares of the oil and gas company’s stock after purchasing an additional 362 shares during the quarter. Clear Investment Research LLC’s holdings in Exxon Mobil were worth $162,000 at the end of the most recent quarter.

Several other hedge funds have added to or reduced their stakes in XOM. FPC Investment Advisory Inc. bought a new stake in shares of Exxon Mobil in the first quarter valued at about $25,000. Anfield Capital Management LLC lifted its position in Exxon Mobil by 360.0% in the second quarter. Anfield Capital Management LLC now owns 322 shares of the oil and gas company’s stock valued at $37,000 after buying an additional 252 shares in the last quarter. POM Investment Strategies LLC boosted its holdings in shares of Exxon Mobil by 918.9% in the second quarter. POM Investment Strategies LLC now owns 377 shares of the oil and gas company’s stock worth $43,000 after purchasing an additional 340 shares in the last quarter. Lynx Investment Advisory acquired a new position in shares of Exxon Mobil in the second quarter valued at $47,000. Finally, Vima LLC bought a new stake in Exxon Mobil in the 4th quarter valued at $50,000. 61.80% of shares are held by institutional investors.

Exxon Mobil trading rose 1.4%

Exxon Mobil stock opened at $112.75 on Tuesday. The company’s fifty day simple moving average is $115.67, and its two hundred day simple moving average is $115.19. The company has a current ratio of 1.36, a quick ratio of 1.01, and a debt-to-equity ratio of 0.13. The company has a market cap of $444.57 billion, a price-to-earnings ratio of 13.82, a price-to-earnings-growth ratio of 4.38 and a beta of 0.90. Exxon Mobil Co. has a 12-month low of $95.77 and a 12-month high of $123.75.

Exxon Mobil (NYSE:XOM – Get Your Free Report ) last released its earnings results on Friday, August 2nd. The oil and gas company reported $2.14 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.04 by $0.10. The firm had revenue of $93.06 billion for the quarter, compared to the consensus estimate of $90.09 billion. Exxon Mobil had a net margin of 9.73% and a return on equity of 16.07%. The company’s revenue increased by 12.2% year-on-year. In the same quarter last year, the company posted earnings of $1.94 per share. As a group, equity analysts predict that Exxon Mobil Co. will post 8.36 earnings per share for the current fiscal year.

Exxon Mobil announces dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, September 10th. Shareholders of record on Thursday, August 15th were given a $0.95 dividend. This represents a dividend of $3.80 on an annualized basis and a dividend yield of 3.37%. The ex-dividend date of this dividend was Thursday, August 15. Exxon Mobil’s payout ratio is 46.57%.

Analysts set new price targets

A number of equities analysts have issued reports on XOM shares. Wolfe Research assumed coverage on shares of Exxon Mobil in a research report on Thursday, July 18th. They issued an “outperform” rating and a $146.00 price objective on the stock. Mizuho boosted their price objective on Exxon Mobil from $128.00 to $130.00 and gave the stock a “neutral” rating in a report on Monday. Barclays reduced their price target on Exxon Mobil from $147.00 to $142.00 and set an “overweight” rating on the stock in a research note on Tuesday, July 9th. Morgan Stanley cut their price target on shares of Exxon Mobil from $145.00 to $142.00 and set an “overweight” rating on the stock in a report on Monday. Finally, Royal Bank of Canada reaffirmed a “sector perform” rating and issued a $135.00 target price on shares of Exxon Mobil in a research report on Tuesday, July 9th. Seven analysts have rated the stock with a hold rating, eleven have issued a buy rating and one has assigned a strong buy rating to the stock. Exxon Mobil currently has an average rating of “Moderate Buy” and an average price target of $136.24, according to MarketBeat.com.

See the latest stock analysis on Exxon Mobil

Exxon Mobil Profile

(Free report)

Exxon Mobil Corporation is engaged in the exploration and production of crude oil and natural gas in the United States and internationally. It operates through the Upstream, Energy Products, Chemicals and Specialty Products segments. The Upstream segment explores and produces crude oil and natural gas.

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