HF Advisory Group LLC Has $2.09 Million Stock Holdings in Exxon Mobil Co. (NYSE:XOM)

HF Advisory Group LLC lifted its stake in shares of Exxon Mobil Co. (NYSE:XOMFree Report) by 6.4% during the fourth quarter, HoldingsChannel reports. The firm owned 19,432 shares of the oil and gas company’s stock after acquiring an additional 1,176 shares during the quarter. HF Advisory Group LLC’s holdings in Exxon Mobil were worth $2,090,000 as of its most recent SEC filing.

Other large investors also recently made changes to their positions in the company. Vertex Planning Partners LLC increased its holdings in shares of Exxon Mobil by 3.1% during the third quarter. Vertex Planning Partners LLC now owns 2,778 shares of the oil and gas company’s stock worth $326,000 after buying an additional 83 shares in the last quarter. First Heartland Consultants Inc. increased its holdings in Exxon Mobil by 0.9% in the 3rd quarter. First Heartland Consultants Inc. now owns 9,451 shares of the oil and gas company’s stock worth $1,108,000 after purchasing an additional 87 shares in the last quarter. Latitude Advisors LLC boosted its stake in shares of Exxon Mobil by 0.7% during the third quarter. Latitude Advisors LLC now owns 13,378 shares of the oil and gas company’s stock valued at $1,568,000 after purchasing an additional 88 shares in the last quarter. Longfellow Investment Management Co. LLC grew its holdings in shares of Exxon Mobil by 0.6% during the third quarter. Longfellow Investment Management Co. LLC now owns 14,537 shares of the oil and gas company’s stock worth $1,704,000 after purchasing an additional 88 shares during the last quarter. Finally, West Oak Capital LLC increased its stake in shares of Exxon Mobil by 0.6% in the fourth quarter. West Oak Capital LLC now owns 16,207 shares of the oil and gas company’s stock valued at $1,743,000 after buying an additional 92 shares during the period. Institutional investors and hedge funds own 61.80% of the company’s stock.

Exxon Mobil Stock Performance

XOM opened at $112.37 on Tuesday. The company has a market cap of $493.89 billion, a price-to-earnings ratio of 13.99, a PEG ratio of 2.70 and a beta of 0.91. The company’s fifty day moving average price is $112.56 and its two-hundred day moving average price is $115.51. Exxon Mobil Co. has a 1-year low of $95.77 and a 1-year high of $126.34. 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:XOMGet Free Report) last posted its earnings results on Friday, November 1st. The oil and gas company reported $1.92 earnings per share for the quarter, beating analysts’ consensus estimates of $1.91 by $0.01. The company 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 revenue for the quarter was down .8% on a year-over-year basis. During the same quarter last year, the company earned $2.27 earnings per share. On average, analysts expect that Exxon Mobil Co. will post 7.86 EPS for the current fiscal year.

Exxon Mobil Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, December 10th. Stockholders of record on Thursday, November 14th were issued a $0.99 dividend. The ex-dividend date was Thursday, November 14th. This represents a $3.96 annualized dividend and a dividend yield of 3.52%. This is an increase from Exxon Mobil’s previous quarterly dividend of $0.95. Exxon Mobil’s dividend payout ratio is currently 49.32%.

Wall Street Analysts Forecast Growth

XOM has been the topic of a number of research reports. Redburn Atlantic reissued a “neutral” rating and set a $120.00 target price (up from $119.00) on shares of Exxon Mobil in a report on Tuesday, September 24th. Piper Sandler decreased their price objective on Exxon Mobil from $138.00 to $127.00 and set an “overweight” rating for the company in a report on Thursday, December 19th. JPMorgan Chase & Co. cut their target price on Exxon Mobil from $130.00 to $125.00 and set an “overweight” rating on the stock in a report on Monday, December 16th. UBS Group decreased their price target on Exxon Mobil from $149.00 to $147.00 and set a “buy” rating for the company in a research note on Thursday, December 12th. Finally, Wells Fargo & Company lifted their price objective on Exxon Mobil from $135.00 to $136.00 and gave the stock an “overweight” rating in a research note on Friday, September 27th. One equities research analyst has rated the stock with a sell rating, seven have given a hold rating, ten have issued a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $128.84.

Get Our Latest Stock Report on Exxon Mobil

About Exxon Mobil

(Free Report)

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.

Featured Articles

Want to see what other hedge funds are holding XOM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Exxon Mobil Co. (NYSE:XOMFree Report).

Institutional Ownership by Quarter for Exxon Mobil (NYSE:XOM)

Receive News & Ratings for Exxon Mobil Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Exxon Mobil and related companies with MarketBeat.com's FREE daily email newsletter.