MassMutual Private Wealth & Trust FSB Purchases 5,693 Shares of Exxon Mobil Co. (NYSE:XOM)

MassMutual Private Wealth & Trust FSB lifted its holdings in Exxon Mobil Co. (NYSE:XOM) by 4.3% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 138,833 shares of the oil and gas company’s stock after purchasing an additional 5,693 shares during the period. MassMutual Private Wealth & Trust FSB’s holdings in Exxon Mobil were worth $14,934,000 as of its most recent filing with the SEC.

Several other large investors have also made changes to their positions in the business. Hershey Financial Advisers LLC bought a new stake in shares of Exxon Mobil in the second quarter valued at about $46,000. Retirement Wealth Solutions LLC bought a new stake in shares of Exxon Mobil in the 4th quarter worth approximately $46,000. Peterson Financial Group Inc. acquired a new stake in shares of Exxon Mobil during the 3rd quarter worth approximately $51,000. Highline Wealth Partners LLC bought a new stake in shares of Exxon Mobil during the third quarter valued at approximately $54,000. Finally, Harbor Capital Advisors Inc. acquired a new position in shares of Exxon Mobil in the third quarter valued at $63,000. Institutional investors and hedge funds own 61.80% of the company’s stock.

Analyst Ratings Changes

Several brokerages have issued reports on XOM. The Goldman Sachs Group boosted their price target on shares of Exxon Mobil from $118.00 to $120.00 in a report on Thursday, October 31st. Bank of America started coverage on shares of Exxon Mobil in a research report on Thursday, October 17th. They issued a “neutral” rating and a $124.00 price target for the company. Morgan Stanley decreased their price objective on Exxon Mobil from $142.00 to $140.00 in a report on Thursday, October 31st. Royal Bank of Canada reissued a “sector perform” rating and issued a $115.00 target price on shares of Exxon Mobil in a report on Thursday, December 12th. Finally, Scotiabank upgraded Exxon Mobil from a “sector perform” rating to a “sector outperform” rating and raised their target price for the stock from $129.00 to $145.00 in a research report on Thursday, October 10th. One analyst has rated the stock with a sell rating, seven have issued a hold rating, ten have given a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $128.84.

Exxon Mobil Trading Down 1.8 %

Shares of NYSE XOM opened at $109.46 on Thursday. Exxon Mobil Co. has a 1-year low of $96.73 and a 1-year high of $126.34. The company has a current ratio of 1.35, a quick ratio of 1.01 and a debt-to-equity ratio of 0.13. The company has a 50-day moving average of $112.22 and a two-hundred day moving average of $115.48. The company has a market cap of $481.07 billion, a PE ratio of 13.63, a P/E/G ratio of 2.98 and a beta of 0.91.

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 the consensus estimate of $1.91 by $0.01. The firm had revenue of $90.02 billion for the quarter, compared to the consensus estimate of $93.98 billion. Exxon Mobil had a return on equity of 14.73% and a net margin of 9.61%. The business’s revenue for the quarter was down .8% compared to the same quarter last year. During the same quarter in the prior year, the business earned $2.27 EPS. As a group, equities analysts expect that Exxon Mobil Co. will post 7.77 earnings per share for the current fiscal year.

Exxon Mobil Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, December 10th. Investors of record on Thursday, November 14th were issued a $0.99 dividend. This is a boost from Exxon Mobil’s previous quarterly dividend of $0.95. The ex-dividend date of this dividend was Thursday, November 14th. This represents a $3.96 annualized dividend and a yield of 3.62%. Exxon Mobil’s dividend payout ratio (DPR) is currently 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.