Exxon Mobil Co. (NYSE:XOM) Shares Purchased by TCI Wealth Advisors Inc.

TCI Wealth Advisors Inc. raised its holdings in Exxon Mobil Co. (NYSE:XOM) by 2.1% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 58,984 shares of the oil and gas company’s stock after purchasing an additional 1,222 shares during the quarter. Exxon Mobil accounts for approximately 0.6% of TCI Wealth Advisors Inc.’s investment portfolio, making the stock its 26th biggest holding. TCI Wealth Advisors Inc.’s holdings in Exxon Mobil were worth $5,897,000 as of its most recent SEC filing.

Several other hedge funds also recently added to or reduced their stakes in the business. W.H. Cornerstone Investments Inc. boosted its holdings in Exxon Mobil by 46.0% in the fourth quarter. W.H. Cornerstone Investments Inc. now owns 5,974 shares of the oil and gas company’s stock valued at $597,000 after purchasing an additional 1,882 shares during the last quarter. Evergreen Wealth Management LLC boosted its holdings in Exxon Mobil by 1.7% in the fourth quarter. Evergreen Wealth Management LLC now owns 12,495 shares of the oil and gas company’s stock valued at $1,249,000 after purchasing an additional 206 shares during the last quarter. SYM FINANCIAL Corp boosted its stake in shares of Exxon Mobil by 16.9% during the 4th quarter. SYM FINANCIAL Corp now owns 3,849 shares of the oil and gas company’s stock worth $385,000 after acquiring an additional 556 shares in the last quarter. Kerntke Otto McGlone Wealth Management Group boosted its stake in shares of Exxon Mobil by 4.6% during the 4th quarter. Kerntke Otto McGlone Wealth Management Group now owns 10,227 shares of the oil and gas company’s stock worth $1,023,000 after acquiring an additional 449 shares in the last quarter. Finally, NavPoint Financial Inc. purchased a new stake in shares of Exxon Mobil during the 4th quarter worth about $774,000. 61.80% of the stock is owned by hedge funds and other institutional investors.

Exxon Mobil Price Performance

XOM stock traded down $0.24 during mid-day trading on Friday, reaching $116.00. The company’s stock had a trading volume of 28,023,313 shares, compared to its average volume of 18,518,412. The stock has a market cap of $457.39 billion, a PE ratio of 14.22, a P/E/G ratio of 4.03 and a beta of 0.96. The company has a current ratio of 1.38, a quick ratio of 1.06 and a debt-to-equity ratio of 0.15. Exxon Mobil Co. has a fifty-two week low of $95.77 and a fifty-two week high of $123.75. The company’s 50 day moving average is $114.65 and its two-hundred day moving average is $106.89.

Exxon Mobil (NYSE:XOM) last announced its quarterly earnings results on Friday, April 26th. The oil and gas company reported $2.06 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.19 by ($0.13). The firm had revenue of $83.08 billion for the quarter, compared to analyst estimates of $79.69 billion. Exxon Mobil had a return on equity of 16.75% and a net margin of 9.62%. The firm’s quarterly revenue was down 4.0% on a year-over-year basis. During the same quarter in the prior year, the business earned $2.83 EPS. Equities research analysts expect that Exxon Mobil Co. will post 9.61 EPS for the current year.

Exxon Mobil Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, June 10th. Stockholders of record on Wednesday, May 15th will be issued a dividend of $0.95 per share. The ex-dividend date of this dividend is Tuesday, May 14th. This represents a $3.80 dividend on an annualized basis and a dividend yield of 3.28%. Exxon Mobil’s dividend payout ratio is currently 46.57%.

Insider Transactions at Exxon Mobil

In related news, VP Darrin L. Talley sold 2,426 shares of Exxon Mobil stock in a transaction that occurred on Monday, April 29th. The shares were sold at an average price of $119.01, for a total value of $288,718.26. Following the completion of the sale, the vice president now owns 25,363 shares in the company, valued at approximately $3,018,450.63. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In other Exxon Mobil news, VP Darrin L. Talley sold 2,400 shares of the firm’s stock in a transaction that occurred on Thursday, February 22nd. The shares were sold at an average price of $105.00, for a total value of $252,000.00. Following the completion of the transaction, the vice president now owns 30,189 shares of the company’s stock, valued at approximately $3,169,845. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, VP Darrin L. Talley sold 2,426 shares of the firm’s stock in a transaction that occurred on Monday, April 29th. The shares were sold at an average price of $119.01, for a total transaction of $288,718.26. Following the completion of the transaction, the vice president now directly owns 25,363 shares of the company’s stock, valued at approximately $3,018,450.63. The disclosure for this sale can be found here. Insiders own 0.03% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts have recently issued reports on XOM shares. Barclays started coverage on shares of Exxon Mobil in a research note on Wednesday, April 10th. They set an “overweight” rating and a $147.00 target price on the stock. Redburn Atlantic raised shares of Exxon Mobil from a “neutral” rating to a “buy” rating and increased their target price for the stock from $116.00 to $119.00 in a research note on Tuesday, January 9th. Royal Bank of Canada reissued a “sector perform” rating and set a $120.00 target price on shares of Exxon Mobil in a research note on Monday, February 5th. Scotiabank raised their price target on shares of Exxon Mobil from $114.00 to $129.00 and gave the company a “sector perform” rating in a research note on Thursday, April 11th. Finally, HSBC raised their price target on shares of Exxon Mobil from $111.00 to $120.00 and gave the company a “hold” rating in a research note on Tuesday, April 30th. Eight research analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $134.06.

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.