Helium Advisors LLC bought a new stake in Exxon Mobil Co. (NYSE:XOM – Free Report) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm bought 4,147 shares of the oil and gas company’s stock, valued at approximately $446,000.
Other institutional investors have also modified their holdings of the company. Breakthru Advisory Services LLC purchased a new stake in shares of Exxon Mobil in the fourth quarter valued at about $328,000. Sunbelt Securities Inc. raised its holdings in Exxon Mobil by 433.9% during the fourth quarter. Sunbelt Securities Inc. now owns 804,878 shares of the oil and gas company’s stock worth $85,124,000 after purchasing an additional 654,123 shares in the last quarter. Fourth Dimension Wealth LLC acquired a new stake in Exxon Mobil in the fourth quarter valued at about $499,000. Stonebridge Financial Planning Group LLC lifted its position in Exxon Mobil by 4.3% in the fourth quarter. Stonebridge Financial Planning Group LLC now owns 6,487 shares of the oil and gas company’s stock valued at $698,000 after purchasing an additional 268 shares during the period. Finally, Breed s Hill Capital LLC boosted its holdings in Exxon Mobil by 31.1% in the 4th quarter. Breed s Hill Capital LLC now owns 6,628 shares of the oil and gas company’s stock valued at $713,000 after purchasing an additional 1,573 shares in the last quarter. Institutional investors and hedge funds own 61.80% of the company’s stock.
Wall Street Analyst Weigh In
A number of equities analysts have recently issued reports on XOM shares. Morgan Stanley cut their target price on Exxon Mobil from $141.00 to $138.00 and set an “overweight” rating for the company in a research note on Thursday, March 27th. The Goldman Sachs Group dropped their price objective on Exxon Mobil from $125.00 to $123.00 and set a “neutral” rating on the stock in a report on Friday, January 31st. Royal Bank of Canada reiterated a “sector perform” rating on shares of Exxon Mobil in a research report on Thursday. BMO Capital Markets decreased their target price on shares of Exxon Mobil from $130.00 to $123.00 and set a “market perform” rating on the stock in a research report on Friday, January 31st. Finally, HSBC lowered their price target on shares of Exxon Mobil from $125.00 to $123.00 and set a “hold” rating on the stock in a research note on Friday, January 31st. One analyst has rated the stock with a sell rating, nine have issued a hold rating, ten have issued a buy rating and two have issued a strong buy rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $125.50.
Exxon Mobil Trading Down 0.7%
Shares of XOM opened at $102.97 on Friday. The company has a debt-to-equity ratio of 0.14, a current ratio of 1.31 and a quick ratio of 0.97. Exxon Mobil Co. has a 1-year low of $97.80 and a 1-year high of $126.34. The stock has a market cap of $443.76 billion, a price-to-earnings ratio of 13.13, a price-to-earnings-growth ratio of 3.02 and a beta of 0.51. The firm has a 50 day simple moving average of $108.47 and a 200-day simple moving average of $110.51.
Exxon Mobil (NYSE:XOM – Get Free Report) last announced its earnings results on Friday, May 2nd. The oil and gas company reported $1.76 EPS for the quarter, beating analysts’ consensus estimates of $1.73 by $0.03. Exxon Mobil had a return on equity of 12.92% and a net margin of 9.63%. The firm had revenue of $83.13 billion for the quarter, compared to analysts’ expectations of $86.11 billion. During the same quarter in the prior year, the firm earned $2.06 EPS. Exxon Mobil’s quarterly revenue was up .1% on a year-over-year basis. Equities analysts forecast that Exxon Mobil Co. will post 7.43 EPS for the current fiscal year.
Exxon Mobil Announces Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 10th. Investors of record on Thursday, May 15th will be paid a dividend of $0.99 per share. This represents a $3.96 dividend on an annualized basis and a dividend yield of 3.85%. The ex-dividend date is Thursday, May 15th. Exxon Mobil’s payout ratio is currently 52.52%.
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.
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