Winthrop Advisory Group LLC Grows Holdings in Exxon Mobil Co. (NYSE:XOM)

Winthrop Advisory Group LLC grew its holdings in Exxon Mobil Co. (NYSE:XOM) by 43.5% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 12,517 shares of the oil and gas company’s stock after purchasing an additional 3,792 shares during the period. Winthrop Advisory Group LLC’s holdings in Exxon Mobil were worth $1,346,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Eagle Capital Management LLC increased its stake in shares of Exxon Mobil by 4.9% during 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 during the period. Achmea Investment Management B.V. increased its stake in shares of Exxon Mobil by 3.9% during the second quarter. Achmea Investment Management B.V. now owns 491,300 shares of the oil and gas company’s stock valued at $56,558,000 after buying an additional 18,243 shares during the period. Johnson Investment Counsel Inc. increased its stake in shares of Exxon Mobil by 1.0% during the second quarter. Johnson Investment Counsel Inc. now owns 212,417 shares of the oil and gas company’s stock valued at $24,453,000 after buying an additional 2,054 shares during the period. Bell Investment Advisors Inc increased its stake in shares of Exxon Mobil by 3.0% during the second quarter. Bell Investment Advisors Inc now owns 4,079 shares of the oil and gas company’s stock valued at $470,000 after buying an additional 120 shares during the period. Finally, Eagle Strategies LLC increased its stake in shares of Exxon Mobil by 103.3% during the second quarter. Eagle Strategies LLC now owns 28,561 shares of the oil and gas company’s stock valued at $3,288,000 after buying an additional 14,509 shares during the period. Hedge funds and other institutional investors own 61.80% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts have recently commented on XOM shares. The Goldman Sachs Group raised their price target on Exxon Mobil from $118.00 to $120.00 in a research note on Thursday, October 31st. TD Cowen cut their target price 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. Mizuho cut their target price on Exxon Mobil from $137.00 to $134.00 and set a “neutral” rating on the stock in a research note on Monday, December 16th. UBS Group cut their target price on Exxon Mobil from $149.00 to $147.00 and set a “buy” rating on the stock in a research note on Thursday, December 12th. Finally, Morgan Stanley cut their target price on Exxon Mobil from $142.00 to $140.00 in a research note on Thursday, October 31st. One analyst has rated the stock with a sell rating, seven have given a hold rating, ten have issued a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $128.84.

Exxon Mobil Stock Performance

NYSE:XOM traded up $1.43 during trading hours on Monday, reaching $107.97. The company had a trading volume of 2,735,716 shares, compared to its average volume of 13,438,845. Exxon Mobil Co. has a 1-year low of $95.77 and a 1-year high of $126.34. The firm has a market cap of $474.54 billion, a PE ratio of 13.45, a price-to-earnings-growth ratio of 4.65 and a beta of 0.91. The business’s 50 day moving average price is $113.49 and its 200-day moving average price is $115.65. 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 (NYSE:XOM) last posted its quarterly earnings data on Friday, November 1st. The oil and gas company reported $1.92 EPS for the quarter, beating analysts’ consensus estimates of $1.91 by $0.01. The business had revenue of $90.02 billion during the quarter, compared to analysts’ expectations 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 previous year, the business earned $2.27 earnings per share. Research analysts forecast that Exxon Mobil Co. will post 7.95 EPS for the current year.

Exxon Mobil Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, December 10th. Stockholders of record on Thursday, November 14th were given a $0.99 dividend. The ex-dividend date of this dividend 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 dividend yield of 3.67%. Exxon Mobil’s payout ratio is 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.