Goodman Financial Corp Has $1.96 Million Holdings in Exxon Mobil Co. (NYSE:XOM)

Goodman Financial Corp decreased its stake in Exxon Mobil Co. (NYSE:XOM) by 1.9% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 16,742 shares of the oil and gas company’s stock after selling 317 shares during the quarter. Goodman Financial Corp’s holdings in Exxon Mobil were worth $1,962,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of XOM. Fairway Wealth LLC bought a new stake in Exxon Mobil during the 2nd quarter worth approximately $35,000. Anfield Capital Management LLC grew its holdings in shares of Exxon Mobil by 360.0% during the second quarter. Anfield Capital Management LLC now owns 322 shares of the oil and gas company’s stock worth $37,000 after purchasing an additional 252 shares during the last quarter. Fairscale Capital LLC bought a new stake in shares of Exxon Mobil during the second quarter worth $39,000. POM Investment Strategies LLC increased its stake in shares of Exxon Mobil by 918.9% in the second quarter. POM Investment Strategies LLC now owns 377 shares of the oil and gas company’s stock valued at $43,000 after buying an additional 340 shares in the last quarter. Finally, Hershey Financial Advisers LLC acquired a new stake in shares of Exxon Mobil in the second quarter valued at $46,000. 61.80% of the stock is currently owned by institutional investors.

Exxon Mobil Trading Down 1.0 %

XOM opened at $118.74 on Tuesday. Exxon Mobil Co. has a twelve month low of $95.77 and a twelve month high of $126.34. The firm has a market cap of $521.87 billion, a PE ratio of 14.94, a price-to-earnings-growth ratio of 5.10 and a beta of 0.90. The company has a debt-to-equity ratio of 0.13, a quick ratio of 1.01 and a current ratio of 1.35. The firm’s fifty day moving average is $119.53 and its two-hundred day moving average is $116.56.

Exxon Mobil (NYSE:XOM) last posted its earnings results on Friday, November 1st. The oil and gas company reported $1.92 earnings per share for the quarter, topping the consensus estimate of $1.91 by $0.01. Exxon Mobil had a return on equity of 14.73% and a net margin of 9.61%. The firm had revenue of $90.02 billion for the quarter, compared to analyst estimates of $93.98 billion. During the same period in the previous year, the company posted $2.27 earnings per share. The company’s revenue for the quarter was down .8% on a year-over-year basis. Equities research analysts anticipate that Exxon Mobil Co. will post 7.96 EPS for the current year.

Exxon Mobil Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 10th. Investors of record on Thursday, November 14th will be given a $0.99 dividend. The ex-dividend date is Thursday, November 14th. This is a positive change from Exxon Mobil’s previous quarterly dividend of $0.95. This represents a $3.96 annualized dividend and a dividend yield of 3.34%. Exxon Mobil’s payout ratio is currently 49.32%.

Analysts Set New Price Targets

XOM has been the subject of several research reports. Redburn Atlantic restated a “neutral” rating and issued a $120.00 price objective (up previously from $119.00) on shares of Exxon Mobil in a research report on Tuesday, September 24th. BNP Paribas lowered shares of Exxon Mobil from a “neutral” rating to an “underperform” rating and set a $105.00 price target for the company. in a report on Wednesday, October 9th. Royal Bank of Canada reissued a “sector perform” rating and issued a $120.00 price target on shares of Exxon Mobil in a report on Monday, November 4th. Morgan Stanley decreased their price objective on Exxon Mobil from $142.00 to $140.00 in a research report on Thursday, October 31st. Finally, Scotiabank upgraded Exxon Mobil from a “sector perform” rating to a “sector outperform” rating and boosted their target price for the stock from $129.00 to $145.00 in a research report on Thursday, October 10th. One research analyst has rated the stock with a sell rating, eight have assigned a hold rating, ten have assigned a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $130.21.

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.