Fullcircle Wealth LLC Acquires 667 Shares of Exxon Mobil Co. (NYSE:XOM)

Fullcircle Wealth LLC grew its stake in shares of Exxon Mobil Co. (NYSE:XOM) by 7.9% during the fourth quarter, HoldingsChannel.com reports. The fund owned 9,138 shares of the oil and gas company’s stock after buying an additional 667 shares during the quarter. Fullcircle Wealth LLC’s holdings in Exxon Mobil were worth $988,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently made changes to their positions in the stock. Accredited Wealth Management LLC purchased a new position in shares of Exxon Mobil in the 4th quarter worth $55,000. Rockline Wealth Management LLC grew its stake 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 during the period. Renasant Bank increased its position in shares of Exxon Mobil by 5.0% during the 4th quarter. Renasant Bank now owns 10,369 shares of the oil and gas company’s stock valued at $1,115,000 after purchasing an additional 493 shares during the last quarter. Helen Stephens Group LLC lifted its stake in shares of Exxon Mobil by 7.3% in the 4th quarter. Helen Stephens Group LLC now owns 41,637 shares of the oil and gas company’s stock worth $4,479,000 after purchasing an additional 2,825 shares during the period. Finally, Hartford Funds Management Co LLC bought a new stake in Exxon Mobil during the fourth quarter valued at approximately $543,000. 61.80% of the stock is currently owned by institutional investors.

Exxon Mobil Trading Down 0.1 %

XOM stock opened at $104.57 on Thursday. Exxon Mobil Co. has a twelve month low of $97.80 and a twelve month high of $126.34. The stock has a market capitalization of $452.30 billion, a price-to-earnings ratio of 13.34, a price-to-earnings-growth ratio of 3.02 and a beta of 0.51. The company has a quick ratio of 0.97, a current ratio of 1.31 and a debt-to-equity ratio of 0.14. The firm’s fifty day simple moving average is $109.00 and its two-hundred day simple moving average is $111.40.

Exxon Mobil (NYSE:XOM) last posted its quarterly earnings data on Friday, May 2nd. The oil and gas company reported $1.76 earnings per share for the quarter, topping analysts’ consensus estimates of $1.73 by $0.03. The company had revenue of $83.13 billion for the quarter, compared to analyst estimates of $86.11 billion. Exxon Mobil had a net margin of 9.63% and a return on equity of 12.92%. The firm’s revenue for the quarter was up .1% on a year-over-year basis. During the same period in the prior year, the company posted $2.06 EPS. As a group, analysts anticipate that Exxon Mobil Co. will post 7.43 earnings per share for the current year.

Exxon Mobil Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, June 10th. Shareholders of record on Thursday, May 15th will be paid a $0.99 dividend. The ex-dividend date of this dividend is Thursday, May 15th. This represents a $3.96 dividend on an annualized basis and a yield of 3.79%. Exxon Mobil’s payout ratio is 52.52%.

Analyst Ratings Changes

Several research firms have weighed in on XOM. Morgan Stanley decreased their price target on shares of Exxon Mobil from $141.00 to $138.00 and set an “overweight” rating on the stock in a research report on Thursday, March 27th. Bernstein Bank boosted their price target on Exxon Mobil from $138.00 to $144.00 and gave the company an “overweight” rating in a report on Friday, January 31st. UBS Group lowered their price objective on Exxon Mobil from $135.00 to $131.00 and set a “buy” rating on the stock in a research report on Monday, April 14th. Wells Fargo & Company reduced their target price on shares of Exxon Mobil from $136.00 to $135.00 and set an “overweight” rating for the company in a report on Monday, February 3rd. Finally, The Goldman Sachs Group lowered their price target on shares of Exxon Mobil from $125.00 to $123.00 and set a “neutral” rating on the stock in a report on Friday, January 31st. One research analyst has rated the stock with a sell rating, eight have given a hold rating, eleven have given a buy rating and two have issued a strong buy rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $125.85.

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.