Tyler Stone Wealth Management Has $6.69 Million Stock Holdings in Exxon Mobil Co. (NYSE:XOM)

Tyler Stone Wealth Management lifted its stake in Exxon Mobil Co. (NYSE:XOM) by 3.7% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 62,149 shares of the oil and gas company’s stock after purchasing an additional 2,206 shares during the quarter. Exxon Mobil accounts for about 1.2% of Tyler Stone Wealth Management’s investment portfolio, making the stock its 16th largest holding. Tyler Stone Wealth Management’s holdings in Exxon Mobil were worth $6,685,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also recently bought and sold shares of the company. Rockline Wealth Management LLC raised its holdings in shares of Exxon Mobil by 6.1% during the 4th quarter. Rockline Wealth Management LLC now owns 25,918 shares of the oil and gas company’s stock valued at $2,788,000 after purchasing an additional 1,498 shares in the last quarter. Renasant Bank raised its holdings in Exxon Mobil by 5.0% during the fourth quarter. Renasant Bank now owns 10,369 shares of the oil and gas company’s stock valued at $1,115,000 after buying an additional 493 shares in the last quarter. Helen Stephens Group LLC lifted its position in shares of Exxon Mobil by 7.3% in the fourth quarter. Helen Stephens Group LLC now owns 41,637 shares of the oil and gas company’s stock worth $4,479,000 after buying an additional 2,825 shares during the last quarter. Brooklyn Investment Group boosted its stake in shares of Exxon Mobil by 36.8% during the 3rd quarter. Brooklyn Investment Group now owns 25,127 shares of the oil and gas company’s stock worth $2,945,000 after acquiring an additional 6,753 shares in the last quarter. Finally, Hilltop Holdings Inc. increased its holdings in shares of Exxon Mobil by 41.3% during the 3rd quarter. Hilltop Holdings Inc. now owns 76,288 shares of the oil and gas company’s stock valued at $8,942,000 after acquiring an additional 22,296 shares during the last quarter. Hedge funds and other institutional investors own 61.80% of the company’s stock.

Exxon Mobil Price Performance

Shares of XOM opened at $116.61 on Wednesday. The business has a 50-day simple moving average of $110.36 and a two-hundred day simple moving average of $113.61. Exxon Mobil Co. has a 12-month low of $103.67 and a 12-month high of $126.34. The stock has a market cap of $505.99 billion, a PE ratio of 14.87, a PEG ratio of 3.02 and a beta of 0.83. The company has a quick ratio of 0.97, a current ratio of 1.31 and a debt-to-equity ratio of 0.14.

Exxon Mobil (NYSE:XOM) last posted its quarterly earnings data on Friday, January 31st. The oil and gas company reported $1.67 EPS for the quarter, missing analysts’ consensus estimates of $1.77 by ($0.10). Exxon Mobil had a return on equity of 12.92% and a net margin of 9.63%. During the same period last year, the business earned $2.48 earnings per share. Analysts anticipate that Exxon Mobil Co. will post 7.43 earnings per share for the current fiscal year.

Exxon Mobil Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, March 10th. Investors of record on Wednesday, February 12th were paid a dividend of $0.99 per share. This represents a $3.96 annualized dividend and a yield of 3.40%. The ex-dividend date was Wednesday, February 12th. Exxon Mobil’s dividend payout ratio is presently 50.51%.

Analyst Upgrades and Downgrades

A number of analysts have recently weighed in on the stock. Barclays reduced their price objective on shares of Exxon Mobil from $137.00 to $135.00 and set an “overweight” rating for the company in a research note on Tuesday, March 18th. HSBC cut their target price on shares of Exxon Mobil from $125.00 to $123.00 and set a “hold” rating for the company in a research report on Friday, January 31st. Argus upgraded Exxon Mobil to a “strong-buy” rating in a research note on Tuesday, February 4th. Truist Financial increased their target price on Exxon Mobil from $117.00 to $119.00 and gave the company a “hold” rating in a research note on Monday, January 13th. Finally, Royal Bank of Canada reiterated a “sector perform” rating and set a $115.00 price target on shares of Exxon Mobil in a report on Monday, February 3rd. One research analyst has rated the stock with a sell rating, eight have assigned a hold rating, eleven have issued a buy rating and two have given a strong buy rating to the stock. Based on data from MarketBeat, Exxon Mobil has an average rating of “Moderate Buy” and an average target price of $129.15.

Insiders Place Their Bets

In other Exxon Mobil news, VP Darrin L. Talley sold 2,100 shares of the firm’s stock in a transaction that occurred on Tuesday, February 4th. The stock was sold at an average price of $110.00, for a total value of $231,000.00. Following the completion of the sale, the vice president now owns 18,087 shares of the company’s stock, valued at approximately $1,989,570. This trade represents a 10.40 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Corporate insiders own 0.03% of the company’s stock.

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.