One Capital Management LLC Has $11.36 Million Position in Exxon Mobil Co. (NYSE:XOM)

One Capital Management LLC boosted its stake in shares of Exxon Mobil Co. (NYSE:XOM) by 29.1% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 98,702 shares of the oil and gas company’s stock after buying an additional 22,266 shares during the quarter. One Capital Management LLC’s holdings in Exxon Mobil were worth $11,363,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. American Planning Services Inc. lifted its stake in shares of Exxon Mobil by 344.8% in the 2nd quarter. American Planning Services Inc. now owns 14,292 shares of the oil and gas company’s stock valued at $1,645,000 after purchasing an additional 11,079 shares during the period. Sierra Summit Advisors LLC increased its holdings in Exxon Mobil by 11.5% during the 2nd quarter. Sierra Summit Advisors LLC now owns 4,632 shares of the oil and gas company’s stock worth $533,000 after purchasing an additional 479 shares in the last quarter. Dimensional Fund Advisors LP increased its holdings in Exxon Mobil by 16.9% during the 2nd quarter. Dimensional Fund Advisors LP now owns 36,794,077 shares of the oil and gas company’s stock worth $4,235,972,000 after purchasing an additional 5,330,887 shares in the last quarter. Massachusetts Financial Services Co. MA increased its holdings in Exxon Mobil by 532.8% during the 2nd quarter. Massachusetts Financial Services Co. MA now owns 16,815,314 shares of the oil and gas company’s stock worth $1,935,779,000 after purchasing an additional 14,158,054 shares in the last quarter. Finally, Black Diamond Financial LLC grew its holdings in shares of Exxon Mobil by 129.9% in the second quarter. Black Diamond Financial LLC now owns 5,051 shares of the oil and gas company’s stock valued at $582,000 after acquiring an additional 2,854 shares in the last quarter. 61.80% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on the company. Barclays reduced their target price on Exxon Mobil from $147.00 to $142.00 and set an “overweight” rating for the company in a report on Tuesday, July 9th. Mizuho increased their target price on Exxon Mobil from $128.00 to $130.00 and gave the stock a “neutral” rating in a research report on Monday. UBS Group increased their target price on Exxon Mobil from $156.00 to $157.00 and gave the stock a “buy” rating in a research report on Tuesday, August 20th. Sanford C. Bernstein decreased their price target on shares of Exxon Mobil from $139.00 to $138.00 and set an “outperform” rating on the stock in a report on Wednesday, July 17th. Finally, Royal Bank of Canada reaffirmed a “sector perform” rating and issued a $135.00 price target on shares of Exxon Mobil in a report on Tuesday, July 9th. Seven analysts have rated the stock with a hold rating, eleven have given a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $136.24.

Exxon Mobil Stock Performance

Exxon Mobil stock opened at $114.22 on Wednesday. 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 firm has a 50-day moving average of $115.73 and a 200-day moving average of $115.25. The firm has a market cap of $450.37 billion, a P/E ratio of 14.00, a P/E/G ratio of 4.38 and a beta of 0.90. Exxon Mobil Co. has a 1-year low of $95.77 and a 1-year high of $123.75.

Exxon Mobil (NYSE:XOM) last posted its earnings results on Friday, August 2nd. The oil and gas company reported $2.14 earnings per share for the quarter, topping analysts’ consensus estimates of $2.04 by $0.10. Exxon Mobil had a net margin of 9.73% and a return on equity of 16.07%. The company had revenue of $93.06 billion during the quarter, compared to analyst estimates of $90.09 billion. During the same period in the prior year, the business posted $1.94 earnings per share. Exxon Mobil’s revenue for the quarter was up 12.2% on a year-over-year basis. Sell-side analysts expect that Exxon Mobil Co. will post 8.36 EPS for the current year.

Exxon Mobil Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, September 10th. Shareholders of record on Thursday, August 15th were issued a $0.95 dividend. The ex-dividend date of this dividend was Thursday, August 15th. This represents a $3.80 annualized dividend and a yield of 3.33%. Exxon Mobil’s dividend payout ratio (DPR) is presently 46.57%.

About Exxon Mobil

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.