Leonard Rickey Investment Advisors P.L.L.C. Acquires 182 Shares of Exxon Mobil Co. (NYSE:XOM)

Leonard Rickey Investment Advisors P.L.L.C. grew its holdings in shares of Exxon Mobil Co. (NYSE:XOM) by 1.9% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 9,861 shares of the oil and gas company’s stock after acquiring an additional 182 shares during the period. Leonard Rickey Investment Advisors P.L.L.C.’s holdings in Exxon Mobil were worth $1,061,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also recently modified their holdings of the company. Hoese & Co LLP lifted its stake in shares of Exxon Mobil by 13.5% during the 4th quarter. Hoese & Co LLP now owns 1,450 shares of the oil and gas company’s stock valued at $156,000 after buying an additional 173 shares in the last quarter. Sky Investment Group LLC lifted its stake in shares of Exxon Mobil by 0.6% during the 4th quarter. Sky Investment Group LLC now owns 84,082 shares of the oil and gas company’s stock valued at $9,045,000 after buying an additional 511 shares in the last quarter. Amplius Wealth Advisors LLC lifted its stake in shares of Exxon Mobil by 2.7% during the 4th quarter. Amplius Wealth Advisors LLC now owns 7,881 shares of the oil and gas company’s stock valued at $848,000 after buying an additional 204 shares in the last quarter. Cove Private Wealth LLC lifted its stake in shares of Exxon Mobil by 10.3% during the 4th quarter. Cove Private Wealth LLC now owns 10,736 shares of the oil and gas company’s stock valued at $1,155,000 after buying an additional 1,000 shares in the last quarter. Finally, Zhang Financial LLC lifted its stake in shares of Exxon Mobil by 6.3% during the 4th quarter. Zhang Financial LLC now owns 13,820 shares of the oil and gas company’s stock valued at $1,487,000 after buying an additional 819 shares in the last quarter. Institutional investors own 61.80% of the company’s stock.

Exxon Mobil Price Performance

Shares of XOM stock opened at $109.46 on Thursday. 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 company has a market capitalization of $481.07 billion, a P/E ratio of 13.63, a P/E/G ratio of 2.98 and a beta of 0.91. The company’s 50-day simple moving average is $112.22 and its two-hundred day simple moving average is $115.48. Exxon Mobil Co. has a one year low of $96.73 and a one year high of $126.34.

Exxon Mobil (NYSE:XOM) last announced its quarterly earnings results on Friday, November 1st. The oil and gas company reported $1.92 earnings per share for the quarter, topping the consensus estimate of $1.91 by $0.01. Exxon Mobil had a net margin of 9.61% and a return on equity of 14.73%. The firm had revenue of $90.02 billion during the quarter, compared to analysts’ expectations of $93.98 billion. During the same quarter in the prior year, the company earned $2.27 EPS. The company’s revenue was down .8% compared to the same quarter last year. As a group, equities analysts anticipate that Exxon Mobil Co. will post 7.77 EPS for the current year.

Exxon Mobil Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, December 10th. Investors of record on Thursday, November 14th were given a dividend of $0.99 per share. This is a boost from Exxon Mobil’s previous quarterly dividend of $0.95. The ex-dividend date of this dividend was Thursday, November 14th. This represents a $3.96 dividend on an annualized basis and a yield of 3.62%. Exxon Mobil’s dividend payout ratio is presently 49.32%.

Wall Street Analysts Forecast Growth

XOM has been the topic of several research analyst reports. UBS Group decreased their price target on shares of Exxon Mobil from $149.00 to $147.00 and set a “buy” rating on the stock in a research note on Thursday, December 12th. BNP Paribas cut shares of Exxon Mobil from a “neutral” rating to an “underperform” rating and set a $105.00 price target on the stock. in a research note on Wednesday, October 9th. JPMorgan Chase & Co. decreased their target price on shares of Exxon Mobil from $130.00 to $125.00 and set an “overweight” rating on the stock in a research report on Monday, December 16th. Morgan Stanley decreased their target price on shares of Exxon Mobil from $142.00 to $140.00 in a research report on Thursday, October 31st. Finally, Barclays decreased their target price on shares of Exxon Mobil from $142.00 to $137.00 and set an “overweight” rating on the stock in a research report on Thursday, October 3rd. One equities research analyst has rated the stock with a sell rating, seven have issued a hold rating, ten have assigned a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat, Exxon Mobil presently has an average rating of “Moderate Buy” and a consensus price target of $128.84.

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.