My Legacy Advisors LLC Boosts Stock Holdings in Exxon Mobil Co. (NYSE:XOM)

My Legacy Advisors LLC raised its holdings in Exxon Mobil Co. (NYSE:XOM) by 10.3% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 7,401 shares of the oil and gas company’s stock after purchasing an additional 693 shares during the period. My Legacy Advisors LLC’s holdings in Exxon Mobil were worth $825,000 at the end of the most recent reporting period.

Several other large investors have also recently modified their holdings of the business. Eagle Capital Management LLC grew its stake in 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 acquiring an additional 114 shares in the last quarter. Kayne Anderson Rudnick Investment Management LLC grew its stake in Exxon Mobil by 21.6% during the second quarter. Kayne Anderson Rudnick Investment Management LLC now owns 9,765 shares of the oil and gas company’s stock valued at $1,124,000 after acquiring an additional 1,737 shares in the last quarter. Fairscale Capital LLC purchased a new position in Exxon Mobil during the second quarter valued at approximately $39,000. Commonwealth Financial Services LLC grew its stake in Exxon Mobil by 4.9% during the second quarter. Commonwealth Financial Services LLC now owns 17,336 shares of the oil and gas company’s stock valued at $1,945,000 after acquiring an additional 809 shares in the last quarter. Finally, Certified Advisory Corp grew its stake in Exxon Mobil by 20.9% during the second quarter. Certified Advisory Corp now owns 10,418 shares of the oil and gas company’s stock valued at $1,199,000 after acquiring an additional 1,799 shares in the last quarter. Hedge funds and other institutional investors own 61.80% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages recently commented on XOM. Wells Fargo & Company boosted their price objective on shares of Exxon Mobil from $135.00 to $136.00 and gave the company an “overweight” rating in a research note on Friday, September 27th. Wolfe Research boosted their price target on shares of Exxon Mobil from $137.00 to $138.00 in a research note on Thursday, October 31st. UBS Group cut their price target on shares of Exxon Mobil from $149.00 to $147.00 and set a “buy” rating for the company in a research note on Thursday, December 12th. The Goldman Sachs Group boosted their price target on shares of Exxon Mobil from $118.00 to $120.00 in a research note on Thursday, October 31st. Finally, BNP Paribas cut shares of Exxon Mobil from a “neutral” rating to an “underperform” rating and set a $105.00 price target for the company. in a research note on Wednesday, October 9th. One investment analyst has rated the stock with a sell rating, seven have given a hold rating, ten have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $128.84.

Exxon Mobil Trading Up 0.9 %

NYSE:XOM opened at $112.37 on Tuesday. The company has a fifty day moving average of $112.56 and a 200 day moving average of $115.51. Exxon Mobil Co. has a 52 week low of $95.77 and a 52 week high of $126.34. The company has a quick ratio of 1.01, a current ratio of 1.35 and a debt-to-equity ratio of 0.13. The firm has a market capitalization of $493.89 billion, a P/E ratio of 13.99, a P/E/G ratio of 2.70 and a beta of 0.91.

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

Exxon Mobil Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, December 10th. Shareholders of record on Thursday, November 14th were issued a $0.99 dividend. The ex-dividend date 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 yield of 3.52%. Exxon Mobil’s dividend 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.