Lindbrook Capital LLC Acquires 1,245 Shares of Exxon Mobil Co. (NYSE:XOM)

Lindbrook Capital LLC increased its holdings in Exxon Mobil Co. (NYSE:XOM) by 7.8% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 17,151 shares of the oil and gas company’s stock after acquiring an additional 1,245 shares during the period. Lindbrook Capital LLC’s holdings in Exxon Mobil were worth $2,010,000 at the end of the most recent quarter.

Other large investors have also added to or reduced their stakes in the company. Massachusetts Financial Services Co. MA grew its stake in shares of Exxon Mobil by 532.8% in the 2nd quarter. Massachusetts Financial Services Co. MA now owns 16,815,314 shares of the oil and gas company’s stock worth $1,935,779,000 after acquiring an additional 14,158,054 shares in the last quarter. Primecap Management Co. CA purchased a new position in Exxon Mobil during the second quarter worth about $980,210,000. International Assets Investment Management LLC grew its position in Exxon Mobil by 7,761.0% in the 3rd quarter. International Assets Investment Management LLC now owns 6,893,677 shares of the oil and gas company’s stock worth $808,077,000 after purchasing an additional 6,805,982 shares in the last quarter. Capital International Investors increased its stake in Exxon Mobil by 25.1% in the 1st quarter. Capital International Investors now owns 27,511,952 shares of the oil and gas company’s stock valued at $3,197,989,000 after buying an additional 5,523,429 shares during the last quarter. Finally, Dimensional Fund Advisors LP lifted its position in shares of Exxon Mobil by 16.9% during the 2nd quarter. Dimensional Fund Advisors LP now owns 36,794,077 shares of the oil and gas company’s stock worth $4,235,972,000 after buying an additional 5,330,887 shares in the last quarter. Institutional investors own 61.80% of the company’s stock.

Exxon Mobil Trading Down 0.0 %

Shares of XOM opened at $121.11 on Monday. Exxon Mobil Co. has a twelve month low of $95.77 and a twelve month high of $126.34. The stock has a market cap of $532.29 billion, a PE ratio of 15.08, a P/E/G ratio of 5.08 and a beta of 0.90. The company has a quick ratio of 1.01, a current ratio of 1.35 and a debt-to-equity ratio of 0.13. The business’s 50-day moving average price is $117.91 and its 200-day moving average price is $116.36.

Exxon Mobil (NYSE:XOM) last announced its earnings results on Friday, November 1st. The oil and gas company reported $1.92 earnings per share for the quarter, topping analysts’ consensus estimates of $1.91 by $0.01. The business had revenue of $90.02 billion for the quarter, compared to analyst estimates of $93.98 billion. Exxon Mobil had a return on equity of 14.73% and a net margin of 9.61%. The company’s quarterly revenue was down .8% compared to the same quarter last year. During the same period in the prior year, the company earned $2.27 EPS. On average, equities analysts forecast that Exxon Mobil Co. will post 7.95 EPS for the current fiscal year.

Exxon Mobil Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, December 10th. Shareholders of record on Thursday, November 14th will be paid a dividend of $0.99 per share. The ex-dividend date is Thursday, November 14th. This represents a $3.96 annualized dividend and a yield of 3.27%. This is a positive change from Exxon Mobil’s previous quarterly dividend of $0.95. Exxon Mobil’s payout ratio is 47.32%.

Wall Street Analysts Forecast Growth

A number of analysts recently commented on XOM shares. BMO Capital Markets increased their price target on Exxon Mobil from $127.00 to $130.00 and gave the company a “market perform” rating in a research report on Friday, October 4th. Morgan Stanley decreased their target price on Exxon Mobil from $142.00 to $140.00 in a research report on Thursday, October 31st. The Goldman Sachs Group boosted their price target on shares of Exxon Mobil from $118.00 to $120.00 in a report on Thursday, October 31st. Royal Bank of Canada restated a “sector perform” rating and set a $120.00 price objective on shares of Exxon Mobil in a report on Monday, November 4th. Finally, Wells Fargo & Company boosted their target price on shares of Exxon Mobil from $135.00 to $136.00 and gave the company an “overweight” rating in a research note on Friday, September 27th. One research analyst has rated the stock with a sell rating, eight have assigned a hold rating, ten have issued a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $129.95.

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.