Capital Advisors Wealth Management LLC Has $749,000 Stake in Exxon Mobil Co. (NYSE:XOM)

Capital Advisors Wealth Management LLC lifted its position in shares of Exxon Mobil Co. (NYSE:XOM) by 3.6% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 6,967 shares of the oil and gas company’s stock after buying an additional 241 shares during the quarter. Capital Advisors Wealth Management LLC’s holdings in Exxon Mobil were worth $749,000 at the end of the most recent reporting period.

A number of other hedge funds have also bought and sold shares of the company. JGP Wealth Management LLC grew its stake in Exxon Mobil by 5.2% during the fourth quarter. JGP Wealth Management LLC now owns 16,941 shares of the oil and gas company’s stock worth $1,822,000 after purchasing an additional 832 shares during the period. Ritholtz Wealth Management boosted its holdings in shares of Exxon Mobil by 0.3% during the 4th quarter. Ritholtz Wealth Management now owns 69,863 shares of the oil and gas company’s stock worth $7,515,000 after buying an additional 207 shares in the last quarter. Tallon Kerry Patrick acquired a new stake in shares of Exxon Mobil during the 4th quarter worth approximately $789,000. Sanders Morris Harris LLC increased its stake in shares of Exxon Mobil by 4.1% in the 4th quarter. Sanders Morris Harris LLC now owns 51,102 shares of the oil and gas company’s stock valued at $5,452,000 after acquiring an additional 2,034 shares in the last quarter. Finally, BFI Infinity Ltd. bought a new position in Exxon Mobil during the fourth quarter worth $3,639,000. Institutional investors own 61.80% of the company’s stock.

Exxon Mobil Trading Up 0.9 %

Shares of XOM stock opened at $112.37 on Friday. 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 $493.89 billion, a price-to-earnings ratio of 13.99, a PEG ratio of 2.70 and a beta of 0.91. Exxon Mobil Co. has a 52-week low of $95.77 and a 52-week high of $126.34. The company has a 50-day simple moving average of $112.73 and a two-hundred day simple moving average of $115.52.

Exxon Mobil (NYSE:XOM) last released its earnings results on Friday, November 1st. The oil and gas company reported $1.92 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.91 by $0.01. The company had revenue of $90.02 billion during the quarter, compared to analyst estimates of $93.98 billion. Exxon Mobil had a return on equity of 14.73% and a net margin of 9.61%. Exxon Mobil’s quarterly revenue was down .8% on a year-over-year basis. During the same period in the prior year, the company posted $2.27 earnings per share. Research analysts anticipate that Exxon Mobil Co. will post 7.86 EPS for the current fiscal year.

Exxon Mobil Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, December 10th. Stockholders of record on Thursday, November 14th were given a dividend of $0.99 per share. The ex-dividend date of this dividend was Thursday, November 14th. This is a positive change from Exxon Mobil’s previous quarterly dividend of $0.95. This represents a $3.96 annualized dividend and a dividend yield of 3.52%. Exxon Mobil’s dividend payout ratio (DPR) is currently 49.32%.

Analyst Upgrades and Downgrades

Several equities research analysts have weighed in on the stock. Piper Sandler decreased their price target on shares of Exxon Mobil from $138.00 to $127.00 and set an “overweight” rating for the company in a research note on Thursday, December 19th. UBS Group dropped their price target 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. Mizuho reduced their price objective on Exxon Mobil from $137.00 to $134.00 and set a “neutral” rating for the company in a research note on Monday, December 16th. Wolfe Research upped their target price on Exxon Mobil from $137.00 to $138.00 in a research report on Thursday, October 31st. Finally, TD Cowen reduced 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. One equities research analyst has rated the stock with a sell rating, seven have given a hold rating, ten have issued a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $128.84.

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.