Kapstone Financial Advisors LLC Acquires 487 Shares of Exxon Mobil Co. (NYSE:XOM)

Kapstone Financial Advisors LLC boosted its holdings in Exxon Mobil Co. (NYSE:XOM) by 4.8% during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 10,690 shares of the oil and gas company’s stock after acquiring an additional 487 shares during the quarter. Exxon Mobil accounts for approximately 0.8% of Kapstone Financial Advisors LLC’s investment portfolio, making the stock its 26th biggest holding. Kapstone Financial Advisors LLC’s holdings in Exxon Mobil were worth $1,092,000 as of its most recent SEC filing.

A number of other hedge funds have also added to or reduced their stakes in the stock. Keener Financial Planning LLC purchased a new stake in shares of Exxon Mobil in the fourth quarter valued at about $80,000. Orion Capital Management LLC bought a new stake in Exxon Mobil in the 3rd quarter worth about $91,000. Authentikos Wealth Advisory LLC purchased a new stake in Exxon Mobil in the 3rd quarter valued at about $92,000. TFO Wealth Partners LLC increased its stake 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 buying an additional 525 shares during the last quarter. Finally, Sumitomo Mitsui Financial Group Inc. lifted its position in shares of Exxon Mobil by 851.6% during the 3rd quarter. Sumitomo Mitsui Financial Group Inc. now owns 885 shares of the oil and gas company’s stock worth $106,000 after buying an additional 792 shares in the last quarter. Institutional investors and hedge funds own 61.80% of the company’s stock.

Insider Activity

In related news, VP Darrin L. Talley sold 2,400 shares of the business’s stock in a transaction dated Thursday, February 22nd. The stock was sold at an average price of $105.00, for a total transaction of $252,000.00. Following the transaction, 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 SEC, which can be accessed through the SEC website. Insiders own 0.03% of the company’s stock.

Exxon Mobil Trading Down 2.8 %

XOM stock opened at $117.96 on Monday. The company has a debt-to-equity ratio of 0.15, a quick ratio of 1.06 and a current ratio of 1.38. Exxon Mobil Co. has a one year low of $95.77 and a one year high of $123.75. The company’s 50 day moving average price is $113.33 and its two-hundred day moving average price is $106.64. The company has a market capitalization of $466.92 billion, a PE ratio of 14.46, a price-to-earnings-growth ratio of 4.05 and a beta of 0.96.

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

Exxon Mobil Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, June 10th. Shareholders of record on Wednesday, May 15th will be given a $0.95 dividend. This represents a $3.80 dividend on an annualized basis and a dividend yield of 3.22%. The ex-dividend date is Tuesday, May 14th. Exxon Mobil’s payout ratio is 46.57%.

Wall Street Analyst Weigh In

A number of equities research analysts have recently commented on XOM shares. UBS Group lifted their target price on Exxon Mobil from $133.00 to $150.00 and gave the stock a “buy” rating in a research note on Thursday, April 11th. Scotiabank boosted their target price on shares of Exxon Mobil from $114.00 to $129.00 and gave the company a “sector perform” rating in a research note on Thursday, April 11th. Truist Financial raised their price target on shares of Exxon Mobil from $140.00 to $146.00 and gave the stock a “buy” rating in a research note on Friday, April 5th. Mizuho reiterated a “neutral” rating and issued a $125.00 price objective on shares of Exxon Mobil in a research note on Thursday, April 4th. Finally, Royal Bank of Canada reissued a “sector perform” rating and set a $120.00 price objective on shares of Exxon Mobil in a report on Monday, February 5th. Eight analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $132.28.

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.