Winthrop Advisory Group LLC Buys 3,792 Shares of Exxon Mobil Co. (NYSE:XOM)

Winthrop Advisory Group LLC grew its stake in shares of Exxon Mobil Co. (NYSE:XOM) by 43.5% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 12,517 shares of the oil and gas company’s stock after purchasing an additional 3,792 shares during the period. Winthrop Advisory Group LLC’s holdings in Exxon Mobil were worth $1,346,000 as of its most recent SEC filing.

A number of other large investors have also recently modified their holdings of XOM. Fairway Wealth LLC bought a new stake in Exxon Mobil during the second quarter worth about $35,000. Fairscale Capital LLC bought a new stake in Exxon Mobil during the second quarter worth about $39,000. Hershey Financial Advisers LLC bought a new stake in Exxon Mobil during the second quarter worth about $46,000. Peterson Financial Group Inc. bought a new stake in Exxon Mobil during the third quarter worth about $51,000. Finally, Highline Wealth Partners LLC bought a new stake in Exxon Mobil during the third quarter worth about $54,000. Institutional investors own 61.80% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts have recently commented on XOM shares. BMO Capital Markets increased their price target on shares of Exxon Mobil from $127.00 to $130.00 and gave the company a “market perform” rating in a report on Friday, October 4th. Piper Sandler lowered their target price on shares of Exxon Mobil from $138.00 to $127.00 and set an “overweight” rating on the stock in a research note on Thursday, December 19th. Truist Financial upped their target price on shares of Exxon Mobil from $117.00 to $119.00 and gave the company a “hold” rating in a research note on Monday. JPMorgan Chase & Co. reduced their price target on shares of Exxon Mobil from $130.00 to $125.00 and set an “overweight” rating for the company in a research report on Monday, December 16th. Finally, Wolfe Research upped their price target on shares of Exxon Mobil from $137.00 to $138.00 in a research report on Thursday, October 31st. One equities research analyst has rated the stock with a sell rating, seven have issued a hold rating, ten have given a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, Exxon Mobil has an average rating of “Moderate Buy” and a consensus price target of $128.84.

Exxon Mobil Price Performance

Shares of NYSE XOM traded up $1.43 during midday trading on Monday, reaching $107.97. 2,735,716 shares of the stock traded hands, compared to its average volume of 13,438,845. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.35 and a quick ratio of 1.01. The stock has a market capitalization of $474.54 billion, a PE ratio of 13.45, a P/E/G ratio of 4.65 and a beta of 0.91. Exxon Mobil Co. has a one year low of $95.77 and a one year high of $126.34. The company’s 50 day moving average is $113.49 and its 200 day moving average is $115.65.

Exxon Mobil (NYSE:XOM) last issued its quarterly earnings results on Friday, November 1st. The oil and gas company reported $1.92 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.91 by $0.01. The company had revenue of $90.02 billion during the quarter, compared to the consensus estimate of $93.98 billion. Exxon Mobil had a return on equity of 14.73% and a net margin of 9.61%. Exxon Mobil’s revenue was down .8% on a year-over-year basis. During the same period last year, the company earned $2.27 earnings per share. On average, equities research analysts anticipate that Exxon Mobil Co. will post 7.95 earnings per share for the current year.

Exxon Mobil Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, December 10th. Investors of record on Thursday, November 14th were given a $0.99 dividend. The ex-dividend date of this dividend was Thursday, November 14th. This is an increase from Exxon Mobil’s previous quarterly dividend of $0.95. This represents a $3.96 dividend on an annualized basis and a yield of 3.67%. Exxon Mobil’s dividend payout ratio (DPR) is currently 49.32%.

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.