Guidance Capital Inc. Has $1.53 Million Stock Holdings in Exxon Mobil Co. (NYSE:XOM)

Guidance Capital Inc. raised its position in Exxon Mobil Co. (NYSE:XOM) by 4.5% in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 12,907 shares of the oil and gas company’s stock after acquiring an additional 557 shares during the period. Guidance Capital Inc.’s holdings in Exxon Mobil were worth $1,531,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of the company. FPC Investment Advisory Inc. acquired a new stake in shares of Exxon Mobil during the 1st quarter valued at about $25,000. First Pacific Financial acquired a new stake in Exxon Mobil during the first quarter valued at approximately $34,000. Anfield Capital Management LLC grew its stake in shares of Exxon Mobil by 360.0% in the 2nd quarter. Anfield Capital Management LLC now owns 322 shares of the oil and gas company’s stock valued at $37,000 after purchasing an additional 252 shares during the period. POM Investment Strategies LLC raised its holdings in shares of Exxon Mobil by 918.9% in the 2nd quarter. POM Investment Strategies LLC now owns 377 shares of the oil and gas company’s stock worth $43,000 after buying an additional 340 shares in the last quarter. Finally, Partnership Wealth Management LLC bought a new position in shares of Exxon Mobil during the 4th quarter worth approximately $46,000. Institutional investors own 61.80% of the company’s stock.

Analysts Set New Price Targets

A number of analysts have weighed in on the company. Sanford C. Bernstein lowered their price target on Exxon Mobil from $139.00 to $138.00 and set an “outperform” rating on the stock in a research report on Wednesday, July 17th. Royal Bank of Canada reiterated a “sector perform” rating and set a $135.00 target price on shares of Exxon Mobil in a research report on Tuesday, July 9th. Barclays reduced their price target on shares of Exxon Mobil from $147.00 to $142.00 and set an “overweight” rating on the stock in a research report on Tuesday, July 9th. Evercore ISI upgraded shares of Exxon Mobil to a “strong-buy” rating in a research note on Monday, August 5th. Finally, Wolfe Research began coverage on Exxon Mobil in a research report on Thursday, July 18th. They set an “outperform” rating and a $146.00 price target on the stock. Seven equities research analysts have rated the stock with a hold rating, eleven have assigned a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat, Exxon Mobil presently has a consensus rating of “Moderate Buy” and an average price target of $136.29.

Exxon Mobil Price Performance

Exxon Mobil stock opened at $114.05 on Thursday. The business’s 50-day simple moving average is $116.02 and its 200 day simple moving average is $114.67. The company has a quick ratio of 1.01, a current ratio of 1.36 and a debt-to-equity ratio of 0.13. The stock has a market cap of $449.70 billion, a price-to-earnings ratio of 13.98, a P/E/G ratio of 4.70 and a beta of 0.91. Exxon Mobil Co. has a 12-month low of $95.77 and a 12-month high of $123.75.

Exxon Mobil (NYSE:XOM) last released its earnings results on Friday, August 2nd. The oil and gas company reported $2.14 EPS for the quarter, topping analysts’ consensus estimates of $2.04 by $0.10. The firm had revenue of $93.06 billion during the quarter, compared to analyst estimates of $90.09 billion. Exxon Mobil had a net margin of 9.73% and a return on equity of 16.07%. The business’s quarterly revenue was up 12.2% compared to the same quarter last year. During the same quarter in the previous year, the business earned $1.94 EPS. As a group, research analysts anticipate that Exxon Mobil Co. will post 8.37 earnings per share for the current year.

Exxon Mobil Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, September 10th. Shareholders of record on Thursday, August 15th will be issued a dividend of $0.95 per share. This represents a $3.80 dividend on an annualized basis and a yield of 3.33%. The ex-dividend date of this dividend is Thursday, August 15th. Exxon Mobil’s dividend payout ratio (DPR) is currently 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.