Trivium Point Advisory LLC Has $3.99 Million Stake in Exxon Mobil Corporation (NYSE:XOM)

Trivium Point Advisory LLC trimmed its stake in shares of Exxon Mobil Corporation (NYSE:XOM) by 0.8% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 33,583 shares of the oil and gas company’s stock after selling 261 shares during the period. Trivium Point Advisory LLC’s holdings in Exxon Mobil were worth $3,994,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of the stock. 10Elms LLP bought a new stake in Exxon Mobil in the fourth quarter valued at approximately $25,000. Graybill Wealth Management LTD. bought a new stake in Exxon Mobil in the first quarter valued at approximately $29,000. Clal Insurance Enterprises Holdings Ltd increased its stake 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 valued at $35,000 after purchasing an additional 238 shares in the last quarter. Capital A Wealth Management LLC bought a new stake in Exxon Mobil in the fourth quarter valued at approximately $32,000. Finally, Cloud Capital Management LLC bought a new stake in Exxon Mobil in the first quarter valued at approximately $45,000. 61.80% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several equities research analysts have commented on the stock. Wall Street Zen raised shares of Exxon Mobil from a “sell” rating to a “hold” rating in a research note on Friday, June 27th. Mizuho lowered their target price on shares of Exxon Mobil from $129.00 to $124.00 and set a “neutral” rating for the company in a research note on Tuesday, May 13th. Royal Bank Of Canada reiterated a “sector perform” rating on shares of Exxon Mobil in a report on Thursday, May 22nd. Morgan Stanley upped their price target on shares of Exxon Mobil from $134.00 to $135.00 and gave the company an “overweight” rating in a report on Monday, August 4th. Finally, Scotiabank reiterated an “outperform” rating on shares of Exxon Mobil in a report on Friday, July 11th. One analyst has rated the stock with a sell rating, ten have issued a hold rating, eight have given a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $125.26.

Exxon Mobil Stock Performance

Shares of XOM stock opened at $107.53 on Thursday. The stock has a market cap of $458.43 billion, a P/E ratio of 15.27, a P/E/G ratio of 1.99 and a beta of 0.53. The company has a debt-to-equity ratio of 0.12, a current ratio of 1.25 and a quick ratio of 0.88. The company has a fifty day moving average price of $110.09 and a two-hundred day moving average price of $108.91. Exxon Mobil Corporation has a one year low of $97.80 and a one year high of $126.34.

Exxon Mobil (NYSE:XOM) last announced its quarterly earnings results on Friday, August 1st. The oil and gas company reported $1.64 EPS for the quarter, beating analysts’ consensus estimates of $1.47 by $0.17. The firm had revenue of $81.51 billion during the quarter, compared to analysts’ expectations of $79.07 billion. Exxon Mobil had a net margin of 9.17% and a return on equity of 11.34%. The company’s revenue for the quarter was down 12.4% compared to the same quarter last year. During the same quarter last year, the company posted $2.14 earnings per share. As a group, equities analysts predict that Exxon Mobil Corporation will post 7.43 EPS for the current year.

Exxon Mobil Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 10th. Stockholders of record on Friday, August 15th will be given a $0.99 dividend. The ex-dividend date of this dividend is Friday, August 15th. This represents a $3.96 annualized dividend and a dividend yield of 3.7%. Exxon Mobil’s dividend payout ratio is presently 56.25%.

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.