Exxon Mobil Co. (NYSE:XOM) Shares Acquired by McAlister Sweet & Associates Inc.

McAlister Sweet & Associates Inc. boosted its stake in Exxon Mobil Co. (NYSE:XOM) by 19.6% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 48,151 shares of the oil and gas company’s stock after buying an additional 7,892 shares during the period. Exxon Mobil accounts for approximately 3.7% of McAlister Sweet & Associates Inc.’s holdings, making the stock its 10th largest position. McAlister Sweet & Associates Inc.’s holdings in Exxon Mobil were worth $5,180,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. Eagle Capital Management LLC lifted its position in Exxon Mobil by 4.9% during the 2nd quarter. Eagle Capital Management LLC now owns 2,460 shares of the oil and gas company’s stock worth $283,000 after buying an additional 114 shares in the last quarter. Sterling Investment Advisors Ltd. grew its stake in shares of Exxon Mobil by 483.0% during the second quarter. Sterling Investment Advisors Ltd. now owns 39,670 shares of the oil and gas company’s stock valued at $4,567,000 after purchasing an additional 32,866 shares during the last quarter. MCF Advisors LLC increased its holdings in shares of Exxon Mobil by 7.4% in the second quarter. MCF Advisors LLC now owns 20,746 shares of the oil and gas company’s stock valued at $2,388,000 after purchasing an additional 1,428 shares in the last quarter. BBR Partners LLC raised its position in Exxon Mobil by 3.6% in the 2nd quarter. BBR Partners LLC now owns 74,210 shares of the oil and gas company’s stock worth $8,543,000 after purchasing an additional 2,553 shares during the last quarter. Finally, Blue Bell Private Wealth Management LLC increased its stake in shares of Exxon Mobil by 11.8% in the 2nd quarter. Blue Bell Private Wealth Management LLC now owns 4,282 shares of the oil and gas company’s stock valued at $493,000 after buying an additional 453 shares during the period. 61.80% of the stock is currently owned by institutional investors.

Exxon Mobil Stock Up 0.9 %

NYSE XOM traded up $1.00 on Tuesday, reaching $108.74. The company had a trading volume of 12,265,923 shares, compared to its average volume of 13,694,883. The company’s fifty day moving average is $114.23 and its 200-day moving average is $115.83. Exxon Mobil Co. has a 1-year low of $95.77 and a 1-year high of $126.34. The firm has a market capitalization of $477.92 billion, a price-to-earnings ratio of 13.54, a price-to-earnings-growth ratio of 4.65 and a beta of 0.91. The company has a debt-to-equity ratio of 0.13, a quick ratio of 1.01 and a current ratio of 1.35.

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 (EPS) for the quarter, topping analysts’ consensus estimates of $1.91 by $0.01. Exxon Mobil had a return on equity of 14.73% and a net margin of 9.61%. The business had revenue of $90.02 billion during the quarter, compared to the consensus estimate of $93.98 billion. During the same period last year, the company earned $2.27 earnings per share. Exxon Mobil’s quarterly revenue was down .8% on a year-over-year basis. On average, research analysts forecast that Exxon Mobil Co. will post 7.95 earnings per share for the current fiscal year.

Exxon Mobil Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, December 10th. Investors of record on Thursday, November 14th were issued a dividend of $0.99 per share. This is a boost from Exxon Mobil’s previous quarterly dividend of $0.95. The ex-dividend date was Thursday, November 14th. This represents a $3.96 annualized dividend and a yield of 3.64%. Exxon Mobil’s dividend payout ratio is presently 49.32%.

Analysts Set New Price Targets

Several equities analysts recently issued reports on XOM shares. Redburn Atlantic reiterated a “neutral” rating and issued a $120.00 price target (up previously from $119.00) on shares of Exxon Mobil in a report on Tuesday, September 24th. TD Cowen lowered their price target on shares of Exxon Mobil from $132.00 to $128.00 and set a “buy” rating for the company in a research report on Monday, December 16th. Mizuho cut their price objective on shares of Exxon Mobil from $137.00 to $134.00 and set a “neutral” rating on the stock in a report on Monday, December 16th. The Goldman Sachs Group lifted their target price on shares of Exxon Mobil from $118.00 to $120.00 in a report on Thursday, October 31st. Finally, Scotiabank raised Exxon Mobil from a “sector perform” rating to a “sector outperform” rating and increased their price target for the company from $129.00 to $145.00 in a research note on Thursday, October 10th. One analyst has rated the stock with a sell rating, seven have given a hold rating, ten have given a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $128.74.

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.