Exxon Mobil Co. (NYSE:XOM) Shares Acquired by Fiduciary Financial Group LLC

Fiduciary Financial Group LLC boosted its holdings in Exxon Mobil Co. (NYSE:XOM) by 33.0% during the fourth quarter, HoldingsChannel reports. The fund owned 6,800 shares of the oil and gas company’s stock after buying an additional 1,689 shares during the period. Fiduciary Financial Group LLC’s holdings in Exxon Mobil were worth $725,000 at the end of the most recent quarter.

Several other hedge funds also recently added to or reduced their stakes in XOM. Mayfair Advisory Group LLC lifted its position in Exxon Mobil by 0.5% in the fourth quarter. Mayfair Advisory Group LLC now owns 22,380 shares of the oil and gas company’s stock valued at $2,407,000 after buying an additional 121 shares during the last quarter. Crane Advisory LLC boosted its position in shares of Exxon Mobil by 10.9% during the 4th quarter. Crane Advisory LLC now owns 2,745 shares of the oil and gas company’s stock worth $296,000 after purchasing an additional 270 shares during the period. Ignite Planners LLC increased its holdings in Exxon Mobil by 6.2% in the 4th quarter. Ignite Planners LLC now owns 15,527 shares of the oil and gas company’s stock valued at $1,675,000 after purchasing an additional 903 shares during the last quarter. Tlwm raised its position in Exxon Mobil by 2.5% in the fourth quarter. Tlwm now owns 9,394 shares of the oil and gas company’s stock valued at $1,010,000 after purchasing an additional 226 shares during the period. Finally, Breakwater Capital Group lifted its stake in Exxon Mobil by 1.5% during the fourth quarter. Breakwater Capital Group now owns 25,578 shares of the oil and gas company’s stock worth $2,751,000 after purchasing an additional 367 shares in the last quarter. 61.80% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

XOM has been the subject of a number of research reports. JPMorgan Chase & Co. dropped their price objective on Exxon Mobil from $130.00 to $125.00 and set an “overweight” rating for the company in a research note on Monday, December 16th. BMO Capital Markets lifted their target price on Exxon Mobil from $127.00 to $130.00 and gave the company a “market perform” rating in a research report on Friday, October 4th. UBS Group cut their target price on shares of Exxon Mobil from $149.00 to $147.00 and set a “buy” rating on the stock in a research note on Thursday, December 12th. Scotiabank upgraded shares of Exxon Mobil from a “sector perform” rating to a “sector outperform” rating and lifted their price target for the stock from $129.00 to $145.00 in a research note on Thursday, October 10th. Finally, Bank of America started coverage on shares of Exxon Mobil in a research report on Thursday, October 17th. They issued a “neutral” rating and a $124.00 price objective on the stock. One investment analyst has rated the stock with a sell rating, seven have issued a hold rating, ten have given a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $128.84.

Exxon Mobil Stock Up 0.4 %

Exxon Mobil stock opened at $109.68 on Wednesday. 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 company has a market capitalization of $482.05 billion, a P/E ratio of 13.66, a PEG ratio of 4.65 and a beta of 0.91. The stock has a 50-day simple moving average of $113.12 and a 200-day simple moving average of $115.58. Exxon Mobil Co. has a fifty-two week low of $95.77 and a fifty-two week high of $126.34.

Exxon Mobil (NYSE:XOM) last posted its quarterly earnings data 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 firm had revenue of $90.02 billion for the quarter, compared to analyst estimates of $93.98 billion. Exxon Mobil had a net margin of 9.61% and a return on equity of 14.73%. Exxon Mobil’s quarterly revenue was down .8% on a year-over-year basis. During the same period last year, the firm posted $2.27 EPS. Equities research analysts expect that Exxon Mobil Co. will post 7.95 earnings per share for the current year.

Exxon Mobil Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, December 10th. Stockholders of record on Thursday, November 14th were given a dividend of $0.99 per share. This represents a $3.96 dividend on an annualized basis and a dividend yield of 3.61%. This is an increase from Exxon Mobil’s previous quarterly dividend of $0.95. The ex-dividend date was Thursday, November 14th. Exxon Mobil’s dividend payout ratio (DPR) is presently 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.