Exxon Mobil Co. (NYSE:XOM) Shares Bought by Holland Advisory Services Inc.

Holland Advisory Services Inc. grew its holdings in shares of Exxon Mobil Co. (NYSE:XOM) by 2.4% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 5,844 shares of the oil and gas company’s stock after purchasing an additional 135 shares during the period. Exxon Mobil makes up approximately 0.8% of Holland Advisory Services Inc.’s investment portfolio, making the stock its 16th largest holding. Holland Advisory Services Inc.’s holdings in Exxon Mobil were worth $629,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also modified their holdings of the company. Fairscale Capital LLC acquired a new position in shares of Exxon Mobil during the 2nd quarter valued at $39,000. Hershey Financial Advisers LLC bought a new position in Exxon Mobil during the second quarter valued at about $46,000. Retirement Wealth Solutions LLC acquired a new position in Exxon Mobil during the fourth quarter worth about $46,000. Peterson Financial Group Inc. bought a new stake in Exxon Mobil in the third quarter worth about $51,000. Finally, Highline Wealth Partners LLC acquired a new stake in Exxon Mobil in the 3rd quarter valued at about $54,000. 61.80% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

XOM has been the topic of several recent research reports. Morgan Stanley lowered their price objective on shares of Exxon Mobil from $142.00 to $140.00 in a research note on Thursday, October 31st. UBS Group dropped their price target on Exxon Mobil from $149.00 to $147.00 and set a “buy” rating on the stock in a report on Thursday, December 12th. TD Cowen reduced their price objective on Exxon Mobil from $132.00 to $128.00 and set a “buy” rating for the company in a research note on Monday, December 16th. The Goldman Sachs Group upped their target price on Exxon Mobil from $118.00 to $120.00 in a report on Thursday, October 31st. Finally, Piper Sandler dropped their price target on Exxon Mobil from $138.00 to $127.00 and set an “overweight” rating on the stock in a research note on Thursday, December 19th. One research analyst has rated the stock with a sell rating, seven have given a hold rating, ten have given a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $128.84.

Exxon Mobil Trading Up 0.9 %

NYSE XOM opened at $112.37 on Friday. The company has a market capitalization of $493.89 billion, a PE ratio of 13.99, a price-to-earnings-growth ratio of 2.70 and a beta of 0.91. 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. The firm’s fifty day simple moving average is $112.56 and its 200-day simple moving average is $115.50.

Exxon Mobil (NYSE:XOM) last issued its earnings results on Friday, November 1st. The oil and gas company reported $1.92 earnings per share for the quarter, topping the consensus estimate 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 business’s revenue was down .8% compared to the same quarter last year. During the same period in the prior year, the firm posted $2.27 EPS. As a group, sell-side analysts anticipate that Exxon Mobil Co. will post 7.86 earnings per share for the current fiscal year.

Exxon Mobil Increases Dividend

The firm also recently announced 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 is a boost from Exxon Mobil’s previous quarterly dividend of $0.95. This represents a $3.96 dividend on an annualized basis and a yield of 3.52%. Exxon Mobil’s payout ratio is 49.32%.

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.