Linden Thomas Advisory Services LLC Purchases 2,787 Shares of Exxon Mobil Co. (NYSE:XOM)

Linden Thomas Advisory Services LLC raised its position in Exxon Mobil Co. (NYSE:XOM) by 16.1% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 20,066 shares of the oil and gas company’s stock after acquiring an additional 2,787 shares during the quarter. Linden Thomas Advisory Services LLC’s holdings in Exxon Mobil were worth $2,158,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also bought and sold shares of the company. Hershey Financial Advisers LLC purchased a new position in Exxon Mobil during the second quarter valued at $46,000. Retirement Wealth Solutions LLC bought a new position in shares of Exxon Mobil in the fourth quarter worth about $46,000. Peterson Financial Group Inc. purchased a new position in shares of Exxon Mobil during the 3rd quarter valued at about $51,000. Highline Wealth Partners LLC bought a new position in shares of Exxon Mobil during the 3rd quarter valued at approximately $54,000. Finally, Harbor Capital Advisors Inc. purchased a new stake in Exxon Mobil in the 3rd quarter worth approximately $63,000. 61.80% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

XOM has been the topic of several analyst reports. Wolfe Research lifted their price target on shares of Exxon Mobil from $137.00 to $138.00 in a report on Thursday, October 31st. Royal Bank of Canada restated a “sector perform” rating and set a $115.00 target price on shares of Exxon Mobil in a research note on Thursday, December 12th. Morgan Stanley dropped their target price on shares of Exxon Mobil from $142.00 to $140.00 in a report on Thursday, October 31st. JPMorgan Chase & Co. decreased their price target on Exxon Mobil from $130.00 to $125.00 and set an “overweight” rating on the stock in a report on Monday, December 16th. Finally, Bank of America assumed coverage on Exxon Mobil in a research note on Thursday, October 17th. They issued a “neutral” rating and a $124.00 price objective for the company. 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 stock. According to data from MarketBeat, Exxon Mobil currently has a consensus rating of “Moderate Buy” and an average price target of $128.84.

Exxon Mobil Trading Up 1.4 %

Shares of XOM opened at $110.16 on Tuesday. The stock has a market capitalization of $484.16 billion, a PE ratio of 13.72, a P/E/G ratio of 2.86 and a beta of 0.91. The company’s fifty day moving average is $111.56 and its 200 day moving average is $115.44. 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 fifty-two week low of $100.42 and a fifty-two week high of $126.34.

Exxon Mobil (NYSE:XOM) last announced 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 firm had revenue of $90.02 billion for the quarter, compared to analysts’ expectations of $93.98 billion. Exxon Mobil had a net margin of 9.61% and a return on equity of 14.73%. The business’s revenue was down .8% compared to the same quarter last year. During the same period in the prior year, the company earned $2.27 EPS. Sell-side analysts expect that Exxon Mobil Co. will post 7.77 earnings per share for the current fiscal year.

Exxon Mobil Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, December 10th. Stockholders 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 was Thursday, November 14th. This represents a $3.96 dividend on an annualized basis and a dividend yield of 3.59%. Exxon Mobil’s payout ratio is 49.32%.

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.