Culbertson A N & Co. Inc. Purchases 610 Shares of Exxon Mobil Co. (NYSE:XOM)

Culbertson A N & Co. Inc. increased its position in shares of Exxon Mobil Co. (NYSE:XOM) by 0.9% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 69,066 shares of the oil and gas company’s stock after acquiring an additional 610 shares during the period. Exxon Mobil makes up about 1.3% of Culbertson A N & Co. Inc.’s holdings, making the stock its 24th biggest position. Culbertson A N & Co. Inc.’s holdings in Exxon Mobil were worth $8,096,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of XOM. FPC Investment Advisory Inc. bought a new position in shares of Exxon Mobil in the first quarter worth $25,000. Fairway Wealth LLC purchased a new stake in shares of Exxon Mobil in the 2nd quarter valued at about $35,000. Anfield Capital Management LLC boosted its position in shares of Exxon Mobil by 360.0% during the 2nd quarter. Anfield Capital Management LLC now owns 322 shares of the oil and gas company’s stock valued at $37,000 after acquiring an additional 252 shares during the last quarter. Fairscale Capital LLC purchased a new stake in Exxon Mobil during the second quarter valued at about $39,000. Finally, POM Investment Strategies LLC grew its position in Exxon Mobil by 918.9% during the second quarter. POM Investment Strategies LLC now owns 377 shares of the oil and gas company’s stock valued at $43,000 after acquiring an additional 340 shares during the last quarter. Institutional investors own 61.80% of the company’s stock.

Analyst Ratings Changes

XOM has been the subject of several analyst reports. Mizuho upped their price target on shares of Exxon Mobil from $128.00 to $130.00 and gave the company a “neutral” rating in a research report on Monday, September 16th. Truist Financial dropped their target price on shares of Exxon Mobil from $121.00 to $117.00 and set a “hold” rating for the company in a report on Monday, September 30th. Wells Fargo & Company boosted their price objective on shares of Exxon Mobil from $135.00 to $136.00 and gave the company an “overweight” rating in a research report on Friday, September 27th. Morgan Stanley cut their target price on shares of Exxon Mobil from $145.00 to $142.00 and set an “overweight” rating on the stock in a research note on Monday, September 16th. Finally, Wolfe Research began coverage on shares of Exxon Mobil in a research note on Thursday, July 18th. They issued an “outperform” rating and a $146.00 price target for the company. One research analyst has rated the stock with a sell rating, seven have given a hold rating, ten have assigned a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $131.88.

Exxon Mobil Trading Up 0.3 %

NYSE:XOM opened at $120.67 on Thursday. The company has a market cap of $475.80 billion, a PE ratio of 14.79, a price-to-earnings-growth ratio of 5.02 and a beta of 0.89. 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 company has a 50 day simple moving average of $117.32 and a two-hundred day simple moving average of $116.46. Exxon Mobil Co. has a 12 month low of $95.77 and a 12 month high of $126.34.

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, beating analysts’ consensus estimates of $2.04 by $0.10. The company had revenue of $93.06 billion for the quarter, compared to the consensus estimate of $90.09 billion. Exxon Mobil had a return on equity of 16.07% and a net margin of 9.73%. During the same quarter in the prior year, the company earned $1.94 earnings per share. Exxon Mobil’s revenue was up 12.2% on a year-over-year basis. Research analysts forecast that Exxon Mobil Co. will post 8.11 earnings per share for the current year.

Exxon Mobil Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, September 10th. Shareholders of record on Thursday, August 15th were given a $0.95 dividend. The ex-dividend date was Thursday, August 15th. This represents a $3.80 annualized dividend and a yield of 3.15%. Exxon Mobil’s payout ratio is presently 46.57%.

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.