Baron Silver Stevens Financial Advisors LLC Has $212,000 Stock Holdings in Exxon Mobil Co. (NYSE:XOM)

Baron Silver Stevens Financial Advisors LLC raised its stake in Exxon Mobil Co. (NYSE:XOM) by 11.9% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 1,972 shares of the oil and gas company’s stock after purchasing an additional 210 shares during the period. Baron Silver Stevens Financial Advisors LLC’s holdings in Exxon Mobil were worth $212,000 at the end of the most recent quarter.

Several other large investors also recently modified their holdings of the stock. Hershey Financial Advisers LLC acquired a new stake in shares of Exxon Mobil during the second quarter worth $46,000. Retirement Wealth Solutions LLC bought a new position in Exxon Mobil during the fourth quarter worth about $46,000. Peterson Financial Group Inc. bought a new stake in Exxon Mobil in the 3rd quarter valued at about $51,000. Highline Wealth Partners LLC acquired a new position in shares of Exxon Mobil during the 3rd quarter worth approximately $54,000. Finally, Harbor Capital Advisors Inc. bought a new position in shares of Exxon Mobil during the third quarter worth approximately $63,000. 61.80% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

XOM has been the subject of several recent research reports. Barclays cut their price target on Exxon Mobil from $142.00 to $137.00 and set an “overweight” rating for the company in a research note on Thursday, October 3rd. Mizuho reduced their target price on Exxon Mobil from $137.00 to $134.00 and set a “neutral” rating on the stock in a report on Monday, December 16th. Scotiabank raised Exxon Mobil from a “sector perform” rating to a “sector outperform” rating and boosted their price target for the company from $129.00 to $145.00 in a research note on Thursday, October 10th. JPMorgan Chase & Co. reduced their price objective on shares of Exxon Mobil from $130.00 to $125.00 and set an “overweight” rating on the stock in a research note on Monday, December 16th. Finally, Piper Sandler dropped their target price on shares of Exxon Mobil from $138.00 to $127.00 and set an “overweight” rating for the company in a research report on Thursday, December 19th. One investment analyst has rated the stock with a sell rating, seven have issued a hold rating, ten have issued a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $128.84.

Exxon Mobil Stock Performance

Shares of XOM stock opened at $108.64 on Friday. The business’s 50-day moving average price is $111.56 and its 200-day moving average price is $115.38. Exxon Mobil Co. has a 12 month low of $99.61 and a 12 month 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. The firm has a market capitalization of $477.48 billion, a price-to-earnings ratio of 13.53, a PEG ratio of 2.86 and a beta of 0.91.

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 (EPS) for the quarter, beating the consensus estimate of $1.91 by $0.01. The firm had revenue of $90.02 billion during the quarter, compared to analysts’ expectations of $93.98 billion. Exxon Mobil had a net margin of 9.61% and a return on equity of 14.73%. The company’s revenue was down .8% on a year-over-year basis. During the same period in the prior year, the company posted $2.27 EPS. Equities research analysts forecast that Exxon Mobil Co. will post 7.77 EPS for the current year.

Exxon Mobil Increases Dividend

The business 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 positive change from Exxon Mobil’s previous quarterly dividend of $0.95. This represents a $3.96 annualized dividend and a yield of 3.65%. The ex-dividend date of this dividend was Thursday, November 14th. Exxon Mobil’s dividend payout ratio (DPR) is currently 49.32%.

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.