Global Financial Private Client LLC Has $2.20 Million Stake in Exxon Mobil Co. (NYSE:XOM)

Global Financial Private Client LLC raised its position in shares of Exxon Mobil Co. (NYSE:XOM) by 0.9% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 20,419 shares of the oil and gas company’s stock after purchasing an additional 179 shares during the period. Exxon Mobil makes up approximately 0.8% of Global Financial Private Client LLC’s investment portfolio, making the stock its 20th biggest position. Global Financial Private Client LLC’s holdings in Exxon Mobil were worth $2,197,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of the business. Signal Advisors Wealth LLC grew its holdings in shares of Exxon Mobil by 15.7% during the 4th quarter. Signal Advisors Wealth LLC now owns 12,210 shares of the oil and gas company’s stock valued at $1,313,000 after purchasing an additional 1,653 shares during the last quarter. Johnson & White Wealth Management LLC lifted its stake in Exxon Mobil by 4.2% in the 4th quarter. Johnson & White Wealth Management LLC now owns 12,011 shares of the oil and gas company’s stock valued at $1,289,000 after purchasing an additional 489 shares during the last quarter. Greenfield Savings Bank grew its stake in shares of Exxon Mobil by 0.8% during the fourth quarter. Greenfield Savings Bank now owns 18,585 shares of the oil and gas company’s stock worth $1,999,000 after buying an additional 153 shares during the last quarter. Columbia Advisory Partners LLC acquired a new position in shares of Exxon Mobil during the fourth quarter worth $345,000. Finally, Gleason Group Inc. lifted its stake in shares of Exxon Mobil by 0.9% in the 4th quarter. Gleason Group Inc. now owns 16,387 shares of the oil and gas company’s stock valued at $1,763,000 after acquiring an additional 141 shares during the last quarter. Institutional investors and hedge funds own 61.80% of the company’s stock.

Exxon Mobil Trading Up 0.4 %

Exxon Mobil stock opened at $109.68 on Wednesday. The stock has a market cap of $482.05 billion, a PE ratio of 13.66, a price-to-earnings-growth ratio of 4.65 and a beta of 0.91. 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 stock has a 50-day moving average of $113.12 and a two-hundred day moving average of $115.58. Exxon Mobil Co. has a one year low of $95.77 and a one year high of $126.34.

Exxon Mobil (NYSE:XOM) last issued its earnings results on Friday, November 1st. The oil and gas company reported $1.92 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.91 by $0.01. The firm had revenue of $90.02 billion during the quarter, compared to analysts’ expectations of $93.98 billion. Exxon Mobil had a net margin of 9.61% and a return on equity of 14.73%. The firm’s revenue was down .8% compared to the same quarter last year. During the same quarter last year, the company posted $2.27 earnings per share. On average, research analysts anticipate 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 was paid on Tuesday, December 10th. Investors of record on Thursday, November 14th were given a dividend of $0.99 per share. This represents a $3.96 annualized dividend and a yield of 3.61%. The ex-dividend date of this dividend was Thursday, November 14th. This is a positive change from Exxon Mobil’s previous quarterly dividend of $0.95. Exxon Mobil’s dividend payout ratio (DPR) is currently 49.32%.

Analysts Set New Price Targets

Several analysts have recently weighed in on XOM shares. Redburn Atlantic restated a “neutral” rating and set a $120.00 price target (up from $119.00) on shares of Exxon Mobil in a report on Tuesday, September 24th. Morgan Stanley lowered their price objective on Exxon Mobil from $142.00 to $140.00 in a research report on Thursday, October 31st. The Goldman Sachs Group boosted their target price on shares of Exxon Mobil from $118.00 to $120.00 in a research report on Thursday, October 31st. TD Cowen cut their target price on Exxon Mobil from $132.00 to $128.00 and set a “buy” rating on the stock in a report on Monday, December 16th. Finally, Barclays dropped their price target on shares of Exxon Mobil from $142.00 to $137.00 and set an “overweight” rating on the stock in a research report on Thursday, October 3rd. One 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 stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $128.84.

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.