Monograph Wealth Advisors LLC Grows Stock Position in Exxon Mobil Co. (NYSE:XOM)

Monograph Wealth Advisors LLC increased its stake in shares of Exxon Mobil Co. (NYSE:XOM) by 10.3% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,349 shares of the oil and gas company’s stock after purchasing an additional 219 shares during the quarter. Monograph Wealth Advisors LLC’s holdings in Exxon Mobil were worth $253,000 at the end of the most recent quarter.

Several other large investors also recently bought and sold shares of the stock. Novem Group acquired a new position in shares of Exxon Mobil during the fourth quarter worth about $1,402,000. 10Elms LLP acquired a new stake in shares of Exxon Mobil in the 4th quarter valued at $25,000. MidWestOne Financial Group Inc. lifted its position in shares of Exxon Mobil by 2.0% during the 4th quarter. MidWestOne Financial Group Inc. now owns 38,410 shares of the oil and gas company’s stock worth $4,132,000 after purchasing an additional 756 shares during the last quarter. Taylor Hoffman Capital Management LLC grew its stake in shares of Exxon Mobil by 21.7% during the fourth quarter. Taylor Hoffman Capital Management LLC now owns 11,237 shares of the oil and gas company’s stock worth $1,209,000 after purchasing an additional 2,000 shares in the last quarter. Finally, BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp increased its holdings in Exxon Mobil by 13.7% in the fourth quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp now owns 850,768 shares of the oil and gas company’s stock valued at $91,517,000 after buying an additional 102,264 shares during the last quarter. Hedge funds and other institutional investors own 61.80% of the company’s stock.

Exxon Mobil Stock Down 1.5%

XOM stock opened at $104.87 on Wednesday. Exxon Mobil Co. has a one year low of $97.80 and a one year high of $126.34. The company has a debt-to-equity ratio of 0.14, a quick ratio of 0.97 and a current ratio of 1.31. The company has a fifty day moving average of $108.85 and a 200-day moving average of $110.67. The stock has a market capitalization of $451.95 billion, a PE ratio of 13.38, a price-to-earnings-growth ratio of 3.02 and a beta of 0.51.

Exxon Mobil (NYSE:XOM) last announced its quarterly earnings data on Friday, May 2nd. The oil and gas company reported $1.76 earnings per share for the quarter, beating 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 return on equity of 12.92% and a net margin of 9.63%. The firm’s revenue for the quarter was up .1% compared to the same quarter last year. During the same quarter in the previous year, the company earned $2.06 EPS. As a group, analysts expect that Exxon Mobil Co. will post 7.43 EPS for the current year.

Exxon Mobil Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 10th. Shareholders of record on Thursday, May 15th will be given a $0.99 dividend. This represents a $3.96 annualized dividend and a yield of 3.78%. The ex-dividend date is Thursday, May 15th. Exxon Mobil’s payout ratio is 52.52%.

Analyst Ratings Changes

XOM has been the subject of a number of recent analyst reports. Mizuho decreased their price target on Exxon Mobil from $129.00 to $124.00 and set a “neutral” rating for the company in a report on Tuesday, May 13th. Barclays cut their target price on Exxon Mobil from $130.00 to $127.00 and set an “overweight” rating on the stock in a research report on Monday, May 5th. The Goldman Sachs Group lowered their price target on Exxon Mobil from $125.00 to $123.00 and set a “neutral” rating for the company in a report on Friday, January 31st. Morgan Stanley cut their price objective on shares of Exxon Mobil from $141.00 to $138.00 and set an “overweight” rating on the stock in a report on Thursday, March 27th. Finally, Piper Sandler dropped their target price on shares of Exxon Mobil from $127.00 to $125.00 and set an “overweight” rating on the stock in a research report on Tuesday, May 13th. One research analyst has rated the stock with a sell rating, eight have assigned a hold rating, eleven have assigned a buy rating and two have assigned a strong buy rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $125.50.

About Exxon Mobil

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.