IFS Advisors LLC Grows Position in Exxon Mobil Co. (NYSE:XOM)

IFS Advisors LLC grew its position in shares of Exxon Mobil Co. (NYSE:XOM) by 1,571.6% in the 4th quarter, Holdings Channel.com reports. The firm owned 2,357 shares of the oil and gas company’s stock after buying an additional 2,216 shares during the period. Exxon Mobil comprises approximately 0.2% of IFS Advisors LLC’s portfolio, making the stock its 14th biggest holding. IFS Advisors LLC’s holdings in Exxon Mobil were worth $254,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently made changes to their positions in the company. Mason & Associates Inc increased its stake in shares of Exxon Mobil by 1.9% in the 4th quarter. Mason & Associates Inc now owns 12,341 shares of the oil and gas company’s stock valued at $1,328,000 after purchasing an additional 232 shares in the last quarter. StrongBox Wealth LLC grew its holdings in Exxon Mobil by 31.0% in the fourth quarter. StrongBox Wealth LLC now owns 4,627 shares of the oil and gas company’s stock valued at $498,000 after purchasing an additional 1,096 shares during the period. Northside Capital Management LLC increased its position in shares of Exxon Mobil by 5.6% in the fourth quarter. Northside Capital Management LLC now owns 7,574 shares of the oil and gas company’s stock valued at $815,000 after buying an additional 400 shares in the last quarter. Builder Investment Group Inc. ADV raised its stake in shares of Exxon Mobil by 5.2% during the 4th quarter. Builder Investment Group Inc. ADV now owns 71,264 shares of the oil and gas company’s stock worth $7,666,000 after buying an additional 3,500 shares during the period. Finally, West Financial Advisors LLC lifted its position in shares of Exxon Mobil by 32.3% during the 4th quarter. West Financial Advisors LLC now owns 980 shares of the oil and gas company’s stock valued at $105,000 after buying an additional 239 shares in the last quarter. 61.80% of the stock is currently owned by institutional investors and hedge funds.

Exxon Mobil Stock Up 0.9 %

XOM stock opened at $112.37 on Friday. The firm has a market cap of $493.89 billion, a PE ratio of 13.99, a PEG ratio of 2.70 and a beta of 0.91. The company has a debt-to-equity ratio of 0.13, a quick ratio of 1.01 and a current ratio of 1.35. The firm’s 50 day moving average price is $112.73 and its 200-day moving average price is $115.52. Exxon Mobil Co. has a one year low of $95.77 and a one year high of $126.34.

Exxon Mobil (NYSE:XOM) last posted 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. The company had revenue of $90.02 billion during the quarter, compared to analysts’ expectations of $93.98 billion. Exxon Mobil had a return on equity of 14.73% and a net margin of 9.61%. The firm’s quarterly revenue was down .8% compared to the same quarter last year. During the same quarter last year, the firm earned $2.27 earnings per share. On average, equities research analysts anticipate that Exxon Mobil Co. will post 7.86 EPS for the current year.

Exxon Mobil Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, December 10th. Shareholders of record on Thursday, November 14th were paid a dividend of $0.99 per share. This represents a $3.96 annualized dividend and a yield of 3.52%. The ex-dividend date was Thursday, November 14th. This is a positive change from Exxon Mobil’s previous quarterly dividend of $0.95. Exxon Mobil’s dividend payout ratio (DPR) is 49.32%.

Wall Street Analyst Weigh In

A number of research firms have weighed in on XOM. Redburn Atlantic restated a “neutral” rating and set a $120.00 price objective (up from $119.00) on shares of Exxon Mobil in a research report on Tuesday, September 24th. BNP Paribas downgraded 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 report on Wednesday, October 9th. UBS Group lowered their price objective on Exxon Mobil from $149.00 to $147.00 and set a “buy” rating on the stock in a report on Thursday, December 12th. Wolfe Research increased their target price on Exxon Mobil from $137.00 to $138.00 in a report on Thursday, October 31st. Finally, Bank of America began coverage on Exxon Mobil in a research note on Thursday, October 17th. They issued a “neutral” rating and a $124.00 price target on the stock. One 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 data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $128.84.

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.