IHT Wealth Management LLC lifted its holdings in Exxon Mobil Co. (NYSE:XOM) by 2.2% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 25,492 shares of the oil and gas company’s stock after buying an additional 538 shares during the quarter. IHT Wealth Management LLC’s holdings in Exxon Mobil were worth $1,738,000 as of its most recent SEC filing.
Other large investors have also added to or reduced their stakes in the company. Transamerica Financial Advisors Inc. lifted its stake in Exxon Mobil by 543.2% during the 4th quarter. Transamerica Financial Advisors Inc. now owns 521 shares of the oil and gas company’s stock valued at $36,000 after acquiring an additional 440 shares during the period. Massey Quick Simon & CO. LLC lifted its stake in Exxon Mobil by 625.3% during the 4th quarter. Massey Quick Simon & CO. LLC now owns 544 shares of the oil and gas company’s stock valued at $37,000 after acquiring an additional 469 shares during the period. INR Advisory Services LLC bought a new position in Exxon Mobil during the 4th quarter valued at about $43,000. Litman Gregory Asset Management LLC lifted its stake in Exxon Mobil by 701.0% during the 4th quarter. Litman Gregory Asset Management LLC now owns 801 shares of the oil and gas company’s stock valued at $55,000 after acquiring an additional 701 shares during the period. Finally, Cerebellum GP LLC lifted its stake in Exxon Mobil by 3,424.1% during the 4th quarter. Cerebellum GP LLC now owns 1,022 shares of the oil and gas company’s stock valued at $70,000 after acquiring an additional 993 shares during the period. 54.60% of the stock is currently owned by hedge funds and other institutional investors.
XOM has been the topic of several research analyst reports. Royal Bank of Canada restated a “buy” rating and set a $95.00 target price on shares of Exxon Mobil in a research note on Tuesday, February 19th. HSBC cut shares of Exxon Mobil from a “buy” rating to a “hold” rating and set a $75.60 target price on the stock. in a research note on Monday, May 13th. Macquarie upgraded shares of Exxon Mobil from an “underperform” rating to an “outperform” rating and set a $83.00 target price on the stock in a research note on Thursday, February 14th. JPMorgan Chase & Co. restated a “neutral” rating and set a $87.00 target price on shares of Exxon Mobil in a research note on Tuesday, February 26th. Finally, Goldman Sachs Group set a $82.00 target price on shares of Exxon Mobil and gave the company a “neutral” rating in a research note on Friday, April 26th. Three investment analysts have rated the stock with a sell rating, fourteen have given a hold rating and seven have issued a buy rating to the company. The company presently has a consensus rating of “Hold” and a consensus target price of $84.81.
Shares of NYSE:XOM opened at $74.68 on Friday. Exxon Mobil Co. has a twelve month low of $64.65 and a twelve month high of $87.36. The company has a current ratio of 0.77, a quick ratio of 0.50 and a debt-to-equity ratio of 0.10. The company has a market capitalization of $313.23 billion, a PE ratio of 15.15, a price-to-earnings-growth ratio of 1.54 and a beta of 0.95.
Exxon Mobil (NYSE:XOM) last issued its quarterly earnings data on Friday, April 26th. The oil and gas company reported $0.55 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.75 by ($0.20). Exxon Mobil had a return on equity of 9.63% and a net margin of 6.49%. The business had revenue of $63.63 billion during the quarter, compared to the consensus estimate of $67.35 billion. During the same quarter last year, the company earned $1.09 EPS. Exxon Mobil’s revenue for the quarter was down 6.7% on a year-over-year basis. As a group, analysts expect that Exxon Mobil Co. will post 3.99 EPS for the current fiscal year.
The firm also recently disclosed a quarterly dividend, which was paid on Monday, June 10th. Stockholders of record on Monday, May 13th were paid a $0.87 dividend. This represents a $3.48 annualized dividend and a dividend yield of 4.66%. The ex-dividend date of this dividend was Friday, May 10th. This is a boost from Exxon Mobil’s previous quarterly dividend of $0.82. Exxon Mobil’s dividend payout ratio is 70.59%.
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About Exxon Mobil
Exxon Mobil Corporation explores for and produces crude oil and natural gas in the United States, Canada/Other Americas, Europe, Africa, Asia, and Australia/Oceania. It operates through Upstream, Downstream, and Chemical segments. The company is also involved in the manufacture, trade, transport, and sale of crude oil, petroleum products, and other specialty products; and manufactures and markets petrochemicals, including olefins, polyolefins, aromatics, and various other petrochemicals.
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