Exxon Mobil Co. (NYSE:XOM) Shares Acquired by Helen Stephens Group LLC

Helen Stephens Group LLC increased its holdings in shares of Exxon Mobil Co. (NYSE:XOM) by 7.3% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 41,637 shares of the oil and gas company’s stock after acquiring an additional 2,825 shares during the period. Exxon Mobil makes up approximately 1.3% of Helen Stephens Group LLC’s portfolio, making the stock its 17th biggest holding. Helen Stephens Group LLC’s holdings in Exxon Mobil were worth $4,479,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of XOM. Eagle Capital Management LLC increased its position in shares of Exxon Mobil by 4.9% in the second quarter. Eagle Capital Management LLC now owns 2,460 shares of the oil and gas company’s stock valued at $283,000 after buying an additional 114 shares in the last quarter. XTX Topco Ltd acquired a new stake in Exxon Mobil in the 2nd quarter valued at about $860,000. Retirement Investment Advisors Inc. purchased a new position in Exxon Mobil during the 2nd quarter valued at about $4,093,000. Benjamin F. Edwards & Company Inc. raised its position in Exxon Mobil by 5.5% during the second quarter. Benjamin F. Edwards & Company Inc. now owns 453,836 shares of the oil and gas company’s stock worth $52,245,000 after acquiring an additional 23,611 shares during the last quarter. Finally, Public Employees Retirement Association of Colorado lifted its holdings in shares of Exxon Mobil by 9.3% in the second quarter. Public Employees Retirement Association of Colorado now owns 623,264 shares of the oil and gas company’s stock valued at $71,750,000 after purchasing an additional 53,046 shares in the last quarter. Hedge funds and other institutional investors own 61.80% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts recently issued reports on the company. Royal Bank of Canada restated a “sector perform” rating and set a $115.00 price objective on shares of Exxon Mobil in a research report on Thursday, December 12th. Redburn Atlantic restated a “neutral” rating and issued a $120.00 price objective (up from $119.00) on shares of Exxon Mobil in a research report on Tuesday, September 24th. BMO Capital Markets lifted their price objective on Exxon Mobil from $127.00 to $130.00 and gave the stock a “market perform” rating in a research report on Friday, October 4th. Bank of America initiated coverage on shares of Exxon Mobil in a report on Thursday, October 17th. They issued a “neutral” rating and a $124.00 target price on the stock. Finally, Piper Sandler lowered their price target on shares of Exxon Mobil from $138.00 to $127.00 and set an “overweight” rating for the company in a report on Thursday, December 19th. One research analyst has rated the stock with a sell rating, seven have assigned a hold rating, ten have assigned a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $128.84.

Exxon Mobil Stock Performance

Exxon Mobil stock opened at $112.37 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 12 month low of $95.77 and a 12 month high of $126.34. The company has a market cap of $493.89 billion, a price-to-earnings ratio of 13.99, a price-to-earnings-growth ratio of 2.70 and a beta of 0.91. The stock’s 50-day moving average is $112.56 and its 200-day moving average is $115.50.

Exxon Mobil (NYSE:XOM) last announced its quarterly earnings results 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. Exxon Mobil had a net margin of 9.61% and a return on equity of 14.73%. The firm had revenue of $90.02 billion for the quarter, compared to analysts’ expectations of $93.98 billion. During the same period in the previous year, the company posted $2.27 earnings per share. Exxon Mobil’s revenue was down .8% compared to the same quarter last year. Equities analysts anticipate that Exxon Mobil Co. will post 7.86 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. Investors of record on Thursday, November 14th were issued a $0.99 dividend. This is an increase from Exxon Mobil’s previous quarterly dividend of $0.95. This represents a $3.96 annualized dividend and a yield of 3.52%. The ex-dividend date of this dividend was Thursday, November 14th. Exxon Mobil’s dividend payout ratio is currently 49.32%.

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.