Fiduciary Group LLC Boosts Stock Position in Exxon Mobil Co. (NYSE:XOM)

Fiduciary Group LLC increased its stake in Exxon Mobil Co. (NYSE:XOM) by 1.7% during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 52,342 shares of the oil and gas company’s stock after buying an additional 896 shares during the period. Fiduciary Group LLC’s holdings in Exxon Mobil were worth $5,233,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Orion Capital Management LLC purchased a new stake in shares of Exxon Mobil in the 3rd quarter worth approximately $91,000. Authentikos Wealth Advisory LLC bought a new position in Exxon Mobil in the 3rd quarter valued at approximately $92,000. Keener Financial Planning LLC bought a new position in Exxon Mobil in the 4th quarter valued at approximately $80,000. Sumitomo Mitsui Financial Group Inc. lifted its position in Exxon Mobil by 851.6% in the 3rd quarter. Sumitomo Mitsui Financial Group Inc. now owns 885 shares of the oil and gas company’s stock valued at $106,000 after acquiring an additional 792 shares in the last quarter. Finally, TFO Wealth Partners LLC lifted its position in Exxon Mobil by 118.5% in the 3rd quarter. TFO Wealth Partners LLC now owns 968 shares of the oil and gas company’s stock valued at $104,000 after acquiring an additional 525 shares in the last quarter. Hedge funds and other institutional investors own 61.80% of the company’s stock.

Insiders Place Their Bets

In other Exxon Mobil news, VP Darrin L. Talley sold 2,400 shares of the stock in a transaction on Thursday, February 22nd. The stock was sold at an average price of $105.00, for a total value of $252,000.00. Following the completion of the sale, the vice president now owns 30,189 shares in the company, valued at approximately $3,169,845. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 0.03% of the stock is currently owned by company insiders.

Exxon Mobil Trading Down 0.4 %

NYSE:XOM opened at $117.51 on Monday. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.38 and a quick ratio of 1.06. The firm has a market capitalization of $465.14 billion, a price-to-earnings ratio of 14.46, a price-to-earnings-growth ratio of 4.05 and a beta of 0.96. Exxon Mobil Co. has a one year low of $95.77 and a one year high of $123.75. The business has a fifty day moving average price of $113.33 and a 200-day moving average price of $106.64.

Exxon Mobil (NYSE:XOM) last posted its quarterly earnings data on Friday, April 26th. The oil and gas company reported $2.06 EPS for the quarter, missing the consensus estimate of $2.19 by ($0.13). The company had revenue of $83.08 billion during the quarter, compared to analysts’ expectations of $79.69 billion. Exxon Mobil had a return on equity of 16.75% and a net margin of 9.62%. The company’s revenue for the quarter was down 4.0% on a year-over-year basis. During the same quarter last year, the company earned $2.83 earnings per share. Sell-side analysts forecast that Exxon Mobil Co. will post 9.7 EPS for the current year.

Exxon Mobil Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, June 10th. Shareholders of record on Wednesday, May 15th will be paid a $0.95 dividend. The ex-dividend date of this dividend is Tuesday, May 14th. This represents a $3.80 dividend on an annualized basis and a yield of 3.23%. Exxon Mobil’s payout ratio is presently 46.57%.

Analyst Upgrades and Downgrades

Several equities analysts recently issued reports on the company. Barclays assumed coverage on Exxon Mobil in a research report on Wednesday, April 10th. They issued an “overweight” rating and a $147.00 price objective on the stock. Scotiabank upped their price objective on Exxon Mobil from $114.00 to $129.00 and gave the company a “sector perform” rating in a research report on Thursday, April 11th. Royal Bank of Canada reaffirmed a “sector perform” rating and issued a $120.00 price objective on shares of Exxon Mobil in a research report on Monday, February 5th. TD Cowen upped their price objective on Exxon Mobil from $115.00 to $120.00 and gave the company a “buy” rating in a research report on Monday, April 1st. Finally, UBS Group upped their price objective on Exxon Mobil from $133.00 to $150.00 and gave the company a “buy” rating in a research report on Thursday, April 11th. Eight analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company’s stock. According to data from MarketBeat, Exxon Mobil currently has a consensus rating of “Moderate Buy” and a consensus price target of $132.28.

About Exxon Mobil

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.