Atlas Brown Inc. Acquires 549 Shares of Exxon Mobil Co. (NYSE:XOM)

Atlas Brown Inc. raised its holdings in Exxon Mobil Co. (NYSE:XOM) by 1.2% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 45,166 shares of the oil and gas company’s stock after purchasing an additional 549 shares during the quarter. Exxon Mobil accounts for 1.7% of Atlas Brown Inc.’s investment portfolio, making the stock its 11th largest position. Atlas Brown Inc.’s holdings in Exxon Mobil were worth $4,859,000 as of its most recent SEC filing.

Several other large investors have also recently made changes to their positions in XOM. Fairway Wealth LLC bought a new position in shares of Exxon Mobil during the 2nd quarter worth $35,000. Fairscale Capital LLC bought a new position in Exxon Mobil during the second quarter worth about $39,000. Hershey Financial Advisers LLC purchased a new position in shares of Exxon Mobil in the second quarter worth about $46,000. Peterson Financial Group Inc. bought a new stake in shares of Exxon Mobil in the third quarter valued at approximately $51,000. Finally, Highline Wealth Partners LLC purchased a new stake in shares of Exxon Mobil during the 3rd quarter valued at approximately $54,000. 61.80% of the stock is owned by hedge funds and other institutional investors.

Exxon Mobil Trading Down 0.7 %

XOM stock traded down $0.74 during trading on Friday, hitting $106.19. 13,755,929 shares of the company traded hands, compared to its average volume of 14,161,225. The company has a 50-day moving average of $113.66 and a 200-day moving average of $115.69. The company has a debt-to-equity ratio of 0.13, a quick ratio of 1.01 and a current ratio of 1.35. Exxon Mobil Co. has a 1 year low of $95.77 and a 1 year high of $126.34. The firm has a market capitalization of $466.72 billion, a PE ratio of 13.22, a P/E/G ratio of 4.65 and a beta of 0.91.

Exxon Mobil (NYSE:XOM) last issued its earnings results 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. Exxon Mobil had a net margin of 9.61% and a return on equity of 14.73%. The firm had revenue of $90.02 billion for the quarter, compared to analysts’ expectations of $93.98 billion. During the same quarter last year, the business earned $2.27 earnings per share. The business’s revenue was down .8% on a year-over-year basis. Analysts predict that Exxon Mobil Co. will post 7.95 earnings per share 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 paid a dividend of $0.99 per share. This represents a $3.96 annualized dividend and a dividend yield of 3.73%. This is an increase from Exxon Mobil’s previous quarterly dividend of $0.95. The ex-dividend date was Thursday, November 14th. Exxon Mobil’s dividend payout ratio is 49.32%.

Analyst Ratings Changes

XOM has been the topic of a number of analyst reports. Bank of America started coverage on shares of Exxon Mobil in a report on Thursday, October 17th. They set a “neutral” rating and a $124.00 target price on the stock. JPMorgan Chase & Co. dropped their price objective on Exxon Mobil from $130.00 to $125.00 and set an “overweight” rating on the stock in a report on Monday, December 16th. Royal Bank of Canada reaffirmed a “sector perform” rating and set a $115.00 target price on shares of Exxon Mobil in a report on Thursday, December 12th. Mizuho lowered their price target on shares of Exxon Mobil from $137.00 to $134.00 and set a “neutral” rating on the stock in a report on Monday, December 16th. Finally, Truist Financial reduced their price objective on shares of Exxon Mobil from $121.00 to $117.00 and set a “hold” rating for the company in a research note on Monday, September 30th. One equities research analyst has rated the stock with a sell rating, seven have given a hold rating, ten have given a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $128.74.

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.