Stonebrook Private Inc. Has $757,000 Stock Holdings in Exxon Mobil Co. (NYSE:XOM)

Stonebrook Private Inc. increased its holdings in shares of Exxon Mobil Co. (NYSE:XOM) by 7.5% in the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 7,039 shares of the oil and gas company’s stock after purchasing an additional 489 shares during the quarter. Stonebrook Private Inc.’s holdings in Exxon Mobil were worth $757,000 as of its most recent filing with the SEC.

A number of other large investors have also bought and sold shares of XOM. Fairway Wealth LLC bought a new stake in Exxon Mobil during the 4th quarter worth approximately $31,000. Keystone Financial Group Inc. bought a new stake in Exxon Mobil during the 4th quarter worth approximately $36,000. Retirement Wealth Solutions LLC bought a new stake in Exxon Mobil during the 4th quarter worth approximately $46,000. Compass Planning Associates Inc bought a new stake in Exxon Mobil during the 4th quarter worth approximately $47,000. Finally, Synergy Investment Management LLC bought a new stake in Exxon Mobil during the 4th quarter worth approximately $47,000. 61.80% of the stock is owned by institutional investors.

Analysts Set New Price Targets

A number of analysts recently issued reports on XOM shares. HSBC lowered their target price on Exxon Mobil from $125.00 to $123.00 and set a “hold” rating for the company in a research note on Friday, January 31st. Piper Sandler reduced their price target on Exxon Mobil from $127.00 to $125.00 and set an “overweight” rating for the company in a research report on Tuesday, May 13th. BMO Capital Markets reduced their price target on Exxon Mobil from $130.00 to $123.00 and set a “market perform” rating for the company in a research report on Friday, January 31st. UBS Group reduced their price target on Exxon Mobil from $135.00 to $131.00 and set a “buy” rating for the company in a research report on Monday, April 14th. Finally, Barclays reduced their price target on Exxon Mobil from $130.00 to $127.00 and set an “overweight” rating for the company in a research report on Monday, May 5th. One equities research analyst has rated the stock with a sell rating, eight have issued 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 currently has a consensus rating of “Moderate Buy” and an average target price of $125.50.

Exxon Mobil Price Performance

NYSE:XOM opened at $108.13 on Friday. Exxon Mobil Co. has a one year low of $97.80 and a one year high of $126.34. The company has a market cap of $466.01 billion, a P/E ratio of 13.79, a P/E/G ratio of 3.02 and a beta of 0.51. The firm’s fifty day moving average price is $108.98 and its two-hundred day moving average price is $110.81. The company has a debt-to-equity ratio of 0.14, a current ratio of 1.31 and a quick ratio of 0.97.

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

Exxon Mobil Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 10th. Shareholders of record on Thursday, May 15th will be issued a $0.99 dividend. The ex-dividend date of this dividend is Thursday, May 15th. This represents a $3.96 annualized dividend and a dividend yield of 3.66%. Exxon Mobil’s dividend payout ratio is currently 52.52%.

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.