Kieckhefer Group LLC Buys Shares of 72,024 Exxon Mobil Co. (NYSE:XOM)

Kieckhefer Group LLC acquired a new stake in Exxon Mobil Co. (NYSE:XOM) during the fourth quarter, Holdings Channel reports. The firm acquired 72,024 shares of the oil and gas company’s stock, valued at approximately $7,748,000. Exxon Mobil comprises 4.7% of Kieckhefer Group LLC’s holdings, making the stock its 4th biggest holding.

Other large investors have also recently modified their holdings of the company. Capital Investment Advisors LLC lifted its stake in Exxon Mobil by 0.3% in the 4th quarter. Capital Investment Advisors LLC now owns 209,554 shares of the oil and gas company’s stock worth $22,542,000 after purchasing an additional 647 shares in the last quarter. City State Bank raised its position in shares of Exxon Mobil by 2.0% in the fourth quarter. City State Bank now owns 6,326 shares of the oil and gas company’s stock worth $680,000 after buying an additional 126 shares in the last quarter. Trust Co. of Toledo NA OH grew its position in Exxon Mobil by 4.1% during the fourth quarter. Trust Co. of Toledo NA OH now owns 73,589 shares of the oil and gas company’s stock worth $7,916,000 after buying an additional 2,870 shares in the last quarter. Winthrop Advisory Group LLC increased its stake in Exxon Mobil by 43.5% in the 4th quarter. Winthrop Advisory Group LLC now owns 12,517 shares of the oil and gas company’s stock worth $1,346,000 after acquiring an additional 3,792 shares during the last quarter. Finally, Clark & Stuart Inc purchased a new stake in shares of Exxon Mobil in the 4th quarter valued at about $1,677,000. Hedge funds and other institutional investors own 61.80% of the company’s stock.

Exxon Mobil Price Performance

XOM traded up $2.22 during trading on Monday, hitting $108.76. 5,510,986 shares of the company traded hands, compared to its average volume of 13,797,694. The stock’s 50-day simple moving average is $113.49 and its two-hundred day simple moving average is $115.65. Exxon Mobil Co. has a 1 year low of $95.77 and a 1 year high of $126.34. The company has a market cap of $478.01 billion, a PE ratio of 13.54, a P/E/G ratio of 4.65 and a beta of 0.91. The company has a current ratio of 1.35, a quick ratio of 1.01 and a debt-to-equity ratio of 0.13.

Exxon Mobil (NYSE:XOM) last posted its quarterly earnings data on Friday, November 1st. The oil and gas company reported $1.92 earnings per share (EPS) for the quarter, beating 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 business had revenue of $90.02 billion during the quarter, compared to analyst estimates of $93.98 billion. During the same period last year, the company earned $2.27 EPS. The company’s revenue for the quarter was down .8% on a year-over-year basis. As a group, sell-side analysts anticipate that Exxon Mobil Co. will post 7.95 earnings per share for the current fiscal year.

Exxon Mobil Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, December 10th. Shareholders of record on Thursday, November 14th were paid a $0.99 dividend. The ex-dividend date was Thursday, November 14th. This represents a $3.96 annualized dividend and a yield of 3.64%. This is an increase from Exxon Mobil’s previous quarterly dividend of $0.95. Exxon Mobil’s dividend payout ratio (DPR) is presently 49.32%.

Analysts Set New Price Targets

A number of research firms have recently issued reports on XOM. Morgan Stanley dropped their price objective on shares of Exxon Mobil from $142.00 to $140.00 in a report on Thursday, October 31st. Piper Sandler lowered their price objective on Exxon Mobil from $138.00 to $127.00 and set an “overweight” rating for the company in a research report on Thursday, December 19th. Barclays lowered their price target on shares of Exxon Mobil from $142.00 to $137.00 and set an “overweight” rating for the company in a report on Thursday, October 3rd. BMO Capital Markets upped their price objective on shares of Exxon Mobil from $127.00 to $130.00 and gave the company a “market perform” rating in a research note on Friday, October 4th. Finally, BNP Paribas cut Exxon Mobil from a “neutral” rating to an “underperform” rating and set a $105.00 target price on the stock. in a research note on Wednesday, October 9th. One research analyst has rated the stock with a sell rating, seven have assigned a hold rating, ten have given 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 an average price target of $128.84.

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.