Impact Partnership Wealth LLC Grows Stock Holdings in Exxon Mobil Co. (NYSE:XOM)

Impact Partnership Wealth LLC increased its stake in shares of Exxon Mobil Co. (NYSE:XOM) by 2.9% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 13,634 shares of the oil and gas company’s stock after purchasing an additional 389 shares during the period. Impact Partnership Wealth LLC’s holdings in Exxon Mobil were worth $1,467,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also recently made changes to their positions in the company. Sepio Capital LP increased its holdings in Exxon Mobil by 20.1% during the second quarter. Sepio Capital LP now owns 5,860 shares of the oil and gas company’s stock valued at $675,000 after buying an additional 980 shares during the last quarter. Ascent Group LLC increased its stake in shares of Exxon Mobil by 66.8% in the second quarter. Ascent Group LLC now owns 72,708 shares of the oil and gas company’s stock worth $8,370,000 after purchasing an additional 29,109 shares in the last quarter. Annandale Capital LLC increased its stake in shares of Exxon Mobil by 12.5% in the second quarter. Annandale Capital LLC now owns 4,146 shares of the oil and gas company’s stock worth $477,000 after purchasing an additional 460 shares in the last quarter. Full Sail Capital LLC increased its stake in shares of Exxon Mobil by 15.9% in the second quarter. Full Sail Capital LLC now owns 5,872 shares of the oil and gas company’s stock worth $676,000 after purchasing an additional 804 shares in the last quarter. Finally, Buck Wealth Strategies LLC increased its stake in shares of Exxon Mobil by 2,940.8% in the second quarter. Buck Wealth Strategies LLC now owns 60,816 shares of the oil and gas company’s stock worth $7,001,000 after purchasing an additional 58,816 shares in the last quarter. 61.80% of the stock is owned by hedge funds and other institutional investors.

Exxon Mobil Trading Down 1.4 %

NYSE XOM opened at $108.64 on Monday. The company has a debt-to-equity ratio of 0.13, a quick ratio of 1.01 and a current ratio of 1.35. The company has a market capitalization of $477.48 billion, a price-to-earnings ratio of 13.53, a price-to-earnings-growth ratio of 2.86 and a beta of 0.91. The company’s 50-day simple moving average is $111.56 and its two-hundred day simple moving average is $115.41. Exxon Mobil Co. has a one year low of $99.61 and a one year high of $126.34.

Exxon Mobil (NYSE:XOM) last posted its earnings results 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 for the quarter, compared to the consensus estimate of $93.98 billion. Exxon Mobil had a net margin of 9.61% and a return on equity of 14.73%. The company’s revenue for the quarter was down .8% on a year-over-year basis. During the same quarter last year, the firm posted $2.27 EPS. Equities analysts forecast that Exxon Mobil Co. will post 7.77 EPS for the current fiscal year.

Exxon Mobil Increases Dividend

The company 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 was Thursday, November 14th. This represents a $3.96 dividend on an annualized basis and a dividend yield of 3.65%. This is an increase from Exxon Mobil’s previous quarterly dividend of $0.95. Exxon Mobil’s payout ratio is presently 49.32%.

Wall Street Analysts Forecast Growth

Several equities analysts recently weighed in on XOM shares. Mizuho cut their target price on shares of Exxon Mobil from $137.00 to $134.00 and set a “neutral” rating for the company in a research note on Monday, December 16th. Morgan Stanley cut their target price on shares of Exxon Mobil from $142.00 to $140.00 in a research note on Thursday, October 31st. Bank of America started coverage on shares of Exxon Mobil in a research note on Thursday, October 17th. They set a “neutral” rating and a $124.00 target price for the company. Royal Bank of Canada reaffirmed a “sector perform” rating and set a $115.00 target price on shares of Exxon Mobil in a research note on Thursday, December 12th. Finally, TD Cowen lowered their price objective 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. 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. According to data from MarketBeat.com, Exxon Mobil presently has an average rating of “Moderate Buy” and an average target price of $128.84.

About Exxon Mobil

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.