Exxon Mobil Co. (NYSE:XOM) Shares Bought by Stolper Co

Stolper Co grew its holdings in Exxon Mobil Co. (NYSE:XOM) by 0.7% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 23,923 shares of the oil and gas company’s stock after purchasing an additional 178 shares during the quarter. Stolper Co’s holdings in Exxon Mobil were worth $2,573,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of XOM. BluePath Capital Management LLC grew its holdings in Exxon Mobil by 9.1% during the 4th quarter. BluePath Capital Management LLC now owns 19,935 shares of the oil and gas company’s stock valued at $2,179,000 after buying an additional 1,661 shares during the last quarter. Sawyer & Company Inc lifted its position in shares of Exxon Mobil by 2.4% in the fourth quarter. Sawyer & Company Inc now owns 38,090 shares of the oil and gas company’s stock valued at $4,097,000 after acquiring an additional 895 shares in the last quarter. Roble Belko & Company Inc boosted its stake in shares of Exxon Mobil by 18.2% during the fourth quarter. Roble Belko & Company Inc now owns 6,093 shares of the oil and gas company’s stock valued at $655,000 after acquiring an additional 940 shares during the last quarter. Advisors Management Group Inc. ADV increased its position in Exxon Mobil by 0.6% during the 4th quarter. Advisors Management Group Inc. ADV now owns 26,381 shares of the oil and gas company’s stock worth $2,838,000 after purchasing an additional 163 shares in the last quarter. Finally, CHURCHILL MANAGEMENT Corp raised its stake in Exxon Mobil by 1.6% in the 4th quarter. CHURCHILL MANAGEMENT Corp now owns 139,596 shares of the oil and gas company’s stock valued at $15,016,000 after purchasing an additional 2,224 shares during the last quarter. 61.80% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of brokerages have weighed in on XOM. TD Cowen reduced their price target on Exxon Mobil from $132.00 to $128.00 and set a “buy” rating on the stock in a research note on Monday, December 16th. BNP Paribas downgraded Exxon Mobil from a “neutral” rating to an “underperform” rating and set a $105.00 target price on the stock. in a research report on Wednesday, October 9th. Bank of America began coverage on Exxon Mobil in a report on Thursday, October 17th. They issued a “neutral” rating and a $124.00 price target for the company. UBS Group cut their price objective on shares of Exxon Mobil from $149.00 to $147.00 and set a “buy” rating on the stock in a report on Thursday, December 12th. Finally, Wells Fargo & Company boosted their target price on shares of Exxon Mobil from $135.00 to $136.00 and gave the company an “overweight” rating in a report on Friday, September 27th. 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. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $128.84.

Exxon Mobil Price Performance

Shares of NYSE XOM opened at $111.32 on Friday. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.35 and a quick ratio of 1.01. Exxon Mobil Co. has a 1-year low of $95.77 and a 1-year high of $126.34. The company has a market capitalization of $489.27 billion, a price-to-earnings ratio of 13.86, a PEG ratio of 2.70 and a beta of 0.91. The business has a 50-day moving average of $112.93 and a 200-day moving average of $115.55.

Exxon Mobil (NYSE:XOM) last issued its quarterly earnings data on Friday, November 1st. The oil and gas company reported $1.92 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.91 by $0.01. Exxon Mobil had a net margin of 9.61% and a return on equity of 14.73%. The company had revenue of $90.02 billion during the quarter, compared to the consensus estimate of $93.98 billion. During the same quarter last year, the company earned $2.27 earnings per share. Exxon Mobil’s revenue for the quarter was down .8% on a year-over-year basis. On average, equities analysts anticipate that Exxon Mobil Co. will post 7.86 EPS for the current fiscal year.

Exxon Mobil Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, December 10th. Shareholders of record on Thursday, November 14th were issued a $0.99 dividend. The ex-dividend date of this dividend was Thursday, November 14th. This represents a $3.96 dividend on an annualized basis and a yield of 3.56%. This is a positive change from Exxon Mobil’s previous quarterly dividend of $0.95. Exxon Mobil’s payout ratio is currently 49.32%.

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.