Exxon Mobil Co. (NYSE:XOM) Stock Holdings Decreased by Graves Light Lenhart Wealth Inc.

Graves Light Lenhart Wealth Inc. decreased its stake in shares of Exxon Mobil Co. (NYSE:XOM) by 2.9% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 31,171 shares of the oil and gas company’s stock after selling 939 shares during the period. Graves Light Lenhart Wealth Inc.’s holdings in Exxon Mobil were worth $3,353,000 as of its most recent filing with the SEC.

Other hedge funds have also bought and sold shares of the company. West Oak Capital LLC lifted its stake in Exxon Mobil by 0.6% during the fourth quarter. West Oak Capital LLC now owns 16,207 shares of the oil and gas company’s stock worth $1,743,000 after purchasing an additional 92 shares during the last quarter. Rosenberg Matthew Hamilton raised its holdings in shares of Exxon Mobil by 1.8% during the fourth quarter. Rosenberg Matthew Hamilton now owns 11,446 shares of the oil and gas company’s stock worth $1,231,000 after purchasing an additional 205 shares during the period. MRA Advisory Group raised its holdings in shares of Exxon Mobil by 5.6% during the fourth quarter. MRA Advisory Group now owns 8,131 shares of the oil and gas company’s stock worth $875,000 after purchasing an additional 429 shares during the period. Global Financial Private Client LLC lifted its position in shares of Exxon Mobil by 0.9% in the 4th quarter. Global Financial Private Client LLC now owns 20,419 shares of the oil and gas company’s stock worth $2,197,000 after buying an additional 179 shares during the last quarter. Finally, Signal Advisors Wealth LLC boosted its holdings in shares of Exxon Mobil by 15.7% in the 4th quarter. Signal Advisors Wealth LLC now owns 12,210 shares of the oil and gas company’s stock valued at $1,313,000 after buying an additional 1,653 shares during the period. 61.80% of the stock is currently owned by institutional investors and hedge funds.

Exxon Mobil Trading Up 0.4 %

Exxon Mobil stock opened at $109.68 on Wednesday. Exxon Mobil Co. has a 12-month low of $95.77 and a 12-month high of $126.34. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.35 and a quick ratio of 1.01. The stock has a market capitalization of $482.05 billion, a PE ratio of 13.66, a price-to-earnings-growth ratio of 4.65 and a beta of 0.91. The firm has a 50 day simple moving average of $113.12 and a 200-day simple moving average of $115.58.

Exxon Mobil (NYSE:XOM) last issued its quarterly earnings results on Friday, November 1st. The oil and gas company reported $1.92 earnings per share (EPS) for the quarter, beating 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 firm had revenue of $90.02 billion during the quarter, compared to analyst estimates of $93.98 billion. During the same period last year, the company posted $2.27 EPS. The firm’s quarterly revenue was down .8% on a year-over-year basis. As a group, equities research analysts expect that Exxon Mobil Co. will post 7.95 EPS for the current fiscal year.

Exxon Mobil Increases Dividend

The company 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 positive change from Exxon Mobil’s previous quarterly dividend of $0.95. This represents a $3.96 dividend on an annualized basis and a yield of 3.61%. The ex-dividend date of this dividend was Thursday, November 14th. Exxon Mobil’s payout ratio is presently 49.32%.

Analysts Set New Price Targets

A number of brokerages have issued reports on XOM. BNP Paribas cut shares of Exxon Mobil from a “neutral” rating to an “underperform” rating and set a $105.00 target price on the stock. in a report on Wednesday, October 9th. Royal Bank of Canada reissued a “sector perform” rating and issued a $115.00 price target on shares of Exxon Mobil in a report on Thursday, December 12th. Morgan Stanley reduced their price objective on Exxon Mobil from $142.00 to $140.00 in a research report on Thursday, October 31st. Redburn Atlantic reaffirmed a “neutral” rating and issued a $120.00 target price (up from $119.00) on shares of Exxon Mobil in a research report on Tuesday, September 24th. Finally, Wells Fargo & Company boosted their price target 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 analyst has rated the stock with a sell rating, seven have given a hold rating, ten have issued a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $128.84.

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.