ORG Partners LLC Raises Stock Holdings in Exxon Mobil Co. (NYSE:XOM)

ORG Partners LLC boosted its position in shares of Exxon Mobil Co. (NYSE:XOM) by 2.6% in the fourth quarter, according to the company in its most recent filing with the SEC. The firm owned 41,016 shares of the oil and gas company’s stock after acquiring an additional 1,034 shares during the quarter. ORG Partners LLC’s holdings in Exxon Mobil were worth $4,417,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. Fairway Wealth LLC purchased a new stake in Exxon Mobil in the second quarter valued at $35,000. Fairscale Capital LLC acquired a new position in shares of Exxon Mobil in the 2nd quarter valued at about $39,000. Hershey Financial Advisers LLC purchased a new stake in shares of Exxon Mobil in the second quarter worth about $46,000. Peterson Financial Group Inc. acquired a new stake in Exxon Mobil during the third quarter worth about $51,000. Finally, Highline Wealth Partners LLC acquired a new position in Exxon Mobil in the third quarter valued at approximately $54,000. Hedge funds and other institutional investors own 61.80% of the company’s stock.

Exxon Mobil Price Performance

XOM stock traded down $0.03 during mid-day trading on Friday, reaching $106.90. The company’s stock had a trading volume of 4,303,870 shares, compared to its average volume of 12,761,901. The stock has a market cap of $469.84 billion, a PE ratio of 13.31, a P/E/G ratio of 4.65 and a beta of 0.91. The company’s 50 day moving average is $113.66 and its two-hundred day moving average is $115.69. Exxon Mobil Co. has a fifty-two week low of $95.77 and a fifty-two week high of $126.34. The company has a current ratio of 1.35, a quick ratio of 1.01 and a debt-to-equity ratio of 0.13.

Exxon Mobil (NYSE:XOM) last announced its quarterly earnings data on Friday, November 1st. The oil and gas company reported $1.92 EPS for the quarter, topping analysts’ consensus estimates of $1.91 by $0.01. The firm had revenue of $90.02 billion for 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%. The firm’s revenue was down .8% compared to the same quarter last year. During the same quarter last year, the business posted $2.27 earnings per share. Equities research analysts expect that Exxon Mobil Co. will post 7.95 EPS for the current year.

Exxon Mobil Increases Dividend

The company also recently disclosed 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. This represents a $3.96 annualized dividend and a yield of 3.70%. The ex-dividend date was Thursday, November 14th. Exxon Mobil’s dividend payout ratio (DPR) is presently 49.32%.

Analysts Set New Price Targets

XOM has been the topic of a number of analyst reports. Redburn Atlantic reaffirmed a “neutral” rating and set a $120.00 price objective (up previously from $119.00) on shares of Exxon Mobil in a research note on Tuesday, September 24th. Mizuho cut their price objective on shares of Exxon Mobil from $137.00 to $134.00 and set a “neutral” rating for the company in a report on Monday, December 16th. Royal Bank of Canada reissued a “sector perform” rating and set a $115.00 target price on shares of Exxon Mobil in a research note on Thursday, December 12th. TD Cowen cut their price target on Exxon Mobil from $132.00 to $128.00 and set a “buy” rating for the company in a research note on Monday, December 16th. Finally, Truist Financial lowered their price target on Exxon Mobil from $121.00 to $117.00 and set a “hold” rating on the stock in a research report on Monday, September 30th. One equities research analyst has rated the stock with a sell rating, seven have given a hold rating, ten have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $128.74.

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.