Exxon Mobil Co. (NYSE:XOM) Shares Purchased by Azzad Asset Management Inc. ADV

Azzad Asset Management Inc. ADV increased its stake in Exxon Mobil Co. (NYSE:XOM) by 17.7% in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 43,148 shares of the oil and gas company’s stock after purchasing an additional 6,486 shares during the period. Azzad Asset Management Inc. ADV’s holdings in Exxon Mobil were worth $4,967,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors also recently bought and sold shares of the stock. Signaturefd LLC raised its stake in Exxon Mobil by 26.9% in the 2nd quarter. Signaturefd LLC now owns 102,857 shares of the oil and gas company’s stock worth $11,841,000 after acquiring an additional 21,824 shares during the last quarter. New England Capital Financial Advisors LLC increased its holdings in shares of Exxon Mobil by 4.4% in the second quarter. New England Capital Financial Advisors LLC now owns 7,107 shares of the oil and gas company’s stock valued at $818,000 after purchasing an additional 298 shares during the period. North Point Portfolio Managers Corp OH raised its stake in shares of Exxon Mobil by 3.8% in the second quarter. North Point Portfolio Managers Corp OH now owns 7,298 shares of the oil and gas company’s stock worth $840,000 after purchasing an additional 269 shares during the last quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. lifted its holdings in shares of Exxon Mobil by 24.6% during the second quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. now owns 875,037 shares of the oil and gas company’s stock worth $100,735,000 after purchasing an additional 172,961 shares during the period. Finally, Golden State Equity Partners purchased a new stake in Exxon Mobil in the second quarter valued at approximately $2,495,000. Hedge funds and other institutional investors own 61.80% of the company’s stock.

Exxon Mobil Trading Down 0.2 %

XOM opened at $117.87 on Friday. The firm has a market capitalization of $464.76 billion, a price-to-earnings ratio of 14.44, a price-to-earnings-growth ratio of 4.51 and a beta of 0.91. The company’s 50 day simple moving average is $115.79 and its two-hundred day simple moving average is $114.21. Exxon Mobil Co. has a 1-year low of $95.77 and a 1-year high of $123.75. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.38 and a quick ratio of 1.06.

Exxon Mobil (NYSE:XOM) last announced its quarterly earnings data 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 for the quarter, compared to the consensus estimate of $90.09 billion. Exxon Mobil had a return on equity of 16.75% and a net margin of 9.62%. The firm’s revenue was up 12.2% compared to the same quarter last year. During the same quarter last year, the business posted $1.94 earnings per share. Analysts expect that Exxon Mobil Co. will post 8.65 EPS for the current fiscal year.

Exxon Mobil Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, September 10th. Stockholders of record on Thursday, August 15th will be given a dividend of $0.95 per share. The ex-dividend date is Thursday, August 15th. This represents a $3.80 annualized dividend and a dividend yield of 3.22%. Exxon Mobil’s payout ratio is 46.57%.

Wall Street Analyst Weigh In

XOM has been the subject of several research reports. Wolfe Research assumed coverage on shares of Exxon Mobil in a research note on Thursday, July 18th. They set an “outperform” rating and a $146.00 price objective for the company. Sanford C. Bernstein decreased their target price on shares of Exxon Mobil from $139.00 to $138.00 and set an “outperform” rating for the company in a research report on Wednesday, July 17th. Wells Fargo & Company lowered their price objective on Exxon Mobil from $139.00 to $135.00 and set an “overweight” rating on the stock in a research report on Monday, August 5th. Royal Bank of Canada restated a “sector perform” rating and set a $135.00 target price on shares of Exxon Mobil in a research report on Tuesday, July 9th. Finally, Mizuho lifted their price target on shares of Exxon Mobil from $125.00 to $128.00 and gave the company a “neutral” rating in a research note on Monday, May 13th. Eight equities research analysts have rated the stock with a hold rating, eleven have issued a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $134.56.

Exxon Mobil Company 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.