Carl Stuart Investment Advisor Inc. Has $1.32 Million Stake in Exxon Mobil Corporation $XOM

Carl Stuart Investment Advisor Inc. raised its stake in Exxon Mobil Corporation (NYSE:XOM) by 3.0% in the 2nd quarter, according to its most recent disclosure with the SEC. The fund owned 12,209 shares of the oil and gas company’s stock after purchasing an additional 355 shares during the quarter. Exxon Mobil accounts for 0.7% of Carl Stuart Investment Advisor Inc.’s portfolio, making the stock its 7th biggest position. Carl Stuart Investment Advisor Inc.’s holdings in Exxon Mobil were worth $1,316,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Graybill Wealth Management LTD. bought a new position in Exxon Mobil during the 1st quarter valued at approximately $29,000. Elequin Capital LP bought a new position in Exxon Mobil during the 1st quarter valued at approximately $31,000. Clal Insurance Enterprises Holdings Ltd raised its holdings in shares of Exxon Mobil by 396.7% during 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 acquiring an additional 238 shares in the last quarter. Game Plan Financial Advisors LLC raised its holdings in shares of Exxon Mobil by 1,500.0% during the first quarter. Game Plan Financial Advisors LLC now owns 320 shares of the oil and gas company’s stock valued at $38,000 after acquiring an additional 300 shares in the last quarter. Finally, Marshall & Sullivan Inc. WA purchased a new position in Exxon Mobil during the 2nd quarter valued at $38,000. Institutional investors own 61.80% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts have commented on XOM shares. Mizuho decreased their price objective on shares of Exxon Mobil from $124.00 to $123.00 and set a “neutral” rating for the company in a report on Monday, September 15th. TD Cowen increased their price target on shares of Exxon Mobil from $120.00 to $128.00 and gave the stock a “buy” rating in a research note on Monday, June 23rd. Piper Sandler set a $141.00 price target on shares of Exxon Mobil in a research note on Tuesday, October 7th. Melius Research assumed coverage on Exxon Mobil in a research report on Wednesday, August 20th. They issued a “hold” rating and a $111.00 target price for the company. Finally, Scotiabank reissued an “outperform” rating on shares of Exxon Mobil in a research report on Thursday, October 9th. One equities research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and ten have assigned a Hold rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $126.05.

Exxon Mobil Price Performance

Shares of NYSE XOM opened at $112.40 on Wednesday. Exxon Mobil Corporation has a fifty-two week low of $97.80 and a fifty-two week high of $123.21. The company has a 50 day simple moving average of $111.52 and a two-hundred day simple moving average of $109.34. The company has a market capitalization of $479.21 billion, a price-to-earnings ratio of 15.97, a P/E/G ratio of 2.03 and a beta of 0.51. The company has a debt-to-equity ratio of 0.12, a quick ratio of 0.88 and a current ratio of 1.25.

Exxon Mobil (NYSE:XOM) last posted its quarterly earnings data on Friday, June 17th. The oil and gas company reported $0.65 earnings per share for the quarter. Exxon Mobil had a return on equity of 11.34% and a net margin of 9.17%.The company had revenue of $57.55 billion during the quarter. Analysts expect that Exxon Mobil Corporation will post 7.43 EPS for the current fiscal year.

Exxon Mobil Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, September 10th. Stockholders of record on Friday, August 15th were issued a dividend of $0.99 per share. The ex-dividend date was Friday, August 15th. This represents a $3.96 annualized dividend and a dividend yield of 3.5%. Exxon Mobil’s dividend payout ratio (DPR) is presently 56.25%.

Insider Buying and Selling at Exxon Mobil

In other Exxon Mobil news, VP Darrin L. Talley sold 2,158 shares of the firm’s stock in a transaction dated Friday, August 22nd. The shares were sold at an average price of $110.45, for a total transaction of $238,351.10. Following the completion of the sale, the vice president directly owned 13,829 shares in the company, valued at approximately $1,527,413.05. This trade represents a 13.50% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. 0.03% of the stock is owned by insiders.

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.