waypoint wealth counsel Buys 209 Shares of Exxon Mobil Corporation (NYSE:XOM)

waypoint wealth counsel raised its stake in Exxon Mobil Corporation (NYSE:XOM) by 2.4% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 8,820 shares of the oil and gas company’s stock after buying an additional 209 shares during the period. waypoint wealth counsel’s holdings in Exxon Mobil were worth $1,049,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. 10Elms LLP bought a new stake in shares of Exxon Mobil in the 4th quarter valued at about $25,000. Fairway Wealth LLC bought a new stake in shares of Exxon Mobil during the 4th quarter valued at about $31,000. Capital A Wealth Management LLC bought a new stake in shares of Exxon Mobil during the 4th quarter valued at about $32,000. Clarity Asset Management Inc. boosted its position in shares of Exxon Mobil by 29.7% during the 4th quarter. Clarity Asset Management Inc. now owns 437 shares of the oil and gas company’s stock valued at $47,000 after purchasing an additional 100 shares in the last quarter. Finally, Synergy Investment Management LLC bought a new stake in shares of Exxon Mobil during the 4th quarter valued at about $47,000. Institutional investors own 61.80% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts recently commented on the company. Piper Sandler lowered Exxon Mobil from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, May 28th. Barclays restated a “hold” rating on shares of Exxon Mobil in a research report on Thursday, May 22nd. Mizuho cut their target price on Exxon Mobil from $129.00 to $124.00 and set a “neutral” rating on the stock in a research report on Tuesday, May 13th. Royal Bank Of Canada restated a “sector perform” rating on shares of Exxon Mobil in a research report on Thursday, May 22nd. Finally, TD Cowen upped their target price on Exxon Mobil from $120.00 to $128.00 and gave the company a “buy” rating in a research report on Monday. One research analyst has rated the stock with a sell rating, ten have given a hold rating, nine have given a buy rating and two have issued a strong buy rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $125.10.

Exxon Mobil Stock Performance

Shares of Exxon Mobil stock opened at $110.15 on Friday. The company has a market cap of $474.71 billion, a PE ratio of 14.61, a price-to-earnings-growth ratio of 2.10 and a beta of 0.49. Exxon Mobil Corporation has a 52 week low of $97.80 and a 52 week high of $126.34. The business has a 50 day moving average price of $106.98 and a 200-day moving average price of $108.52. The company has a quick ratio of 0.90, a current ratio of 1.24 and a debt-to-equity ratio of 0.12.

Exxon Mobil (NYSE:XOM) last issued its quarterly earnings data on Friday, May 2nd. The oil and gas company reported $1.76 EPS for the quarter, topping the consensus estimate of $1.73 by $0.03. The firm had revenue of $83.13 billion during the quarter, compared to the consensus estimate of $86.11 billion. Exxon Mobil had a return on equity of 12.06% and a net margin of 9.49%. The company’s quarterly revenue was up .1% compared to the same quarter last year. During the same period in the prior year, the business posted $2.06 earnings per share. Equities analysts anticipate that Exxon Mobil Corporation will post 7.43 earnings per share for the current fiscal year.

Exxon Mobil Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, June 10th. Stockholders of record on Thursday, May 15th were paid a $0.99 dividend. This represents a $3.96 annualized dividend and a dividend yield of 3.60%. The ex-dividend date of this dividend was Thursday, May 15th. Exxon Mobil’s dividend payout ratio (DPR) is presently 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.