Helen Stephens Group LLC Boosts Stock Holdings in Exxon Mobil Corporation (NYSE:XOM)

Helen Stephens Group LLC grew its holdings in Exxon Mobil Corporation (NYSE:XOM) by 0.3% in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 41,752 shares of the oil and gas company’s stock after purchasing an additional 115 shares during the quarter. Exxon Mobil makes up 1.4% of Helen Stephens Group LLC’s portfolio, making the stock its 16th biggest position. Helen Stephens Group LLC’s holdings in Exxon Mobil were worth $4,966,000 as of its most recent SEC filing.

Several other hedge funds have also recently modified their holdings of XOM. Tallon Kerry Patrick purchased a new position in Exxon Mobil in the fourth quarter valued at about $789,000. Union Bancaire Privee UBP SA bought a new stake in shares of Exxon Mobil in the 4th quarter valued at about $48,348,000. SOA Wealth Advisors LLC. grew its position in shares of Exxon Mobil by 29.5% in the 4th quarter. SOA Wealth Advisors LLC. now owns 6,996 shares of the oil and gas company’s stock worth $753,000 after buying an additional 1,595 shares during the last quarter. Capital City Trust Co. FL grew its position in shares of Exxon Mobil by 0.8% in the 4th quarter. Capital City Trust Co. FL now owns 43,394 shares of the oil and gas company’s stock worth $4,668,000 after buying an additional 346 shares during the last quarter. Finally, Olympiad Research LP bought a new position in shares of Exxon Mobil during the 4th quarter worth approximately $335,000. Hedge funds and other institutional investors own 61.80% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts have weighed in on the stock. Piper Sandler downgraded shares of Exxon Mobil from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, May 28th. Mizuho lowered their price objective on Exxon Mobil from $129.00 to $124.00 and set a “neutral” rating for the company in a research report on Tuesday, May 13th. Royal Bank Of Canada restated a “sector perform” rating on shares of Exxon Mobil in a research note on Thursday, May 22nd. UBS Group decreased their price target on Exxon Mobil from $135.00 to $131.00 and set a “buy” rating for the company in a research note on Monday, April 14th. Finally, Scotiabank dropped their price target on Exxon Mobil from $140.00 to $115.00 and set a “sector outperform” rating on the stock in a research note on Friday, April 11th. One analyst has rated the stock with a sell rating, ten have issued a hold rating, nine have issued a buy rating and two have given a strong buy rating to the company. According to data from MarketBeat, Exxon Mobil has a consensus rating of “Moderate Buy” and an average price target of $125.50.

Exxon Mobil Stock Performance

XOM opened at $108.41 on Thursday. The firm has a 50 day moving average of $106.92 and a two-hundred day moving average of $108.54. The firm has a market capitalization of $467.21 billion, a PE ratio of 14.38, a P/E/G ratio of 2.17 and a beta of 0.49. The company has a current ratio of 1.24, a quick ratio of 0.90 and a debt-to-equity ratio of 0.12. Exxon Mobil Corporation has a 12-month low of $97.80 and a 12-month high of $126.34.

Exxon Mobil (NYSE:XOM) last issued its earnings results on Friday, May 2nd. The oil and gas company reported $1.76 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.73 by $0.03. Exxon Mobil had a net margin of 9.49% and a return on equity of 12.06%. The firm had revenue of $83.13 billion during the quarter, compared to analysts’ expectations of $86.11 billion. During the same quarter last year, the company posted $2.06 earnings per share. The firm’s revenue was up .1% compared to the same quarter last year. On average, analysts anticipate that Exxon Mobil Corporation will post 7.43 EPS for the current year.

Exxon Mobil Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, June 10th. Stockholders of record on Thursday, May 15th were paid a $0.99 dividend. The ex-dividend date was Thursday, May 15th. This represents a $3.96 dividend on an annualized basis and a dividend yield of 3.65%. Exxon Mobil’s payout ratio is 52.52%.

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.