Brandywine Trust Co. Has $7.74 Million Position in Exxon Mobil Co. (NYSE:XOM)

Brandywine Trust Co. lowered its position in Exxon Mobil Co. (NYSE:XOM) by 5.5% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 71,931 shares of the oil and gas company’s stock after selling 4,155 shares during the period. Exxon Mobil accounts for about 1.2% of Brandywine Trust Co.’s holdings, making the stock its 8th biggest position. Brandywine Trust Co.’s holdings in Exxon Mobil were worth $7,738,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. West Oak Capital LLC boosted its stake in shares of Exxon Mobil by 0.6% in the fourth quarter. West Oak Capital LLC now owns 16,207 shares of the oil and gas company’s stock worth $1,743,000 after buying an additional 92 shares during the last quarter. Beacon Capital Management LLC raised its position in Exxon Mobil by 1.1% during the fourth quarter. Beacon Capital Management LLC now owns 8,582 shares of the oil and gas company’s stock valued at $923,000 after acquiring an additional 93 shares in the last quarter. Cadent Capital Advisors LLC boosted its position in Exxon Mobil by 0.3% in the 4th quarter. Cadent Capital Advisors LLC now owns 37,372 shares of the oil and gas company’s stock worth $4,020,000 after purchasing an additional 94 shares in the last quarter. Lincoln Capital LLC grew its stake in shares of Exxon Mobil by 1.1% during the 4th quarter. Lincoln Capital LLC now owns 8,521 shares of the oil and gas company’s stock worth $917,000 after purchasing an additional 94 shares during the period. Finally, Altus Wealth Group LLC grew its stake in shares of Exxon Mobil by 0.9% during the 4th quarter. Altus Wealth Group LLC now owns 10,130 shares of the oil and gas company’s stock worth $1,090,000 after purchasing an additional 94 shares during the period. Institutional investors and hedge funds own 61.80% of the company’s stock.

Exxon Mobil Stock Performance

XOM opened at $103.23 on Tuesday. Exxon Mobil Co. has a twelve month low of $97.80 and a twelve month high of $126.34. The firm has a market capitalization of $446.50 billion, a PE ratio of 13.17, a PEG ratio of 3.02 and a beta of 0.51. The company has a current ratio of 1.31, a quick ratio of 0.97 and a debt-to-equity ratio of 0.14. The firm’s 50-day moving average price is $109.24 and its 200 day moving average price is $111.49.

Exxon Mobil (NYSE:XOM) last issued its earnings results on Friday, May 2nd. The oil and gas company reported $1.76 earnings per share for the quarter, topping the consensus estimate of $1.73 by $0.03. Exxon Mobil had a return on equity of 12.92% and a net margin of 9.63%. The business had revenue of $83.13 billion for the quarter, compared to analysts’ expectations of $86.11 billion. During the same period in the previous year, the firm posted $2.06 EPS. The business’s revenue for the quarter was up .1% compared to the same quarter last year. As a group, sell-side analysts expect that Exxon Mobil Co. will post 7.43 EPS for the current fiscal year.

Exxon Mobil Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, June 10th. Shareholders of record on Thursday, May 15th will be paid a $0.99 dividend. This represents a $3.96 dividend on an annualized basis and a dividend yield of 3.84%. The ex-dividend date of this dividend is Thursday, May 15th. Exxon Mobil’s dividend payout ratio (DPR) is presently 50.51%.

Wall Street Analysts Forecast Growth

A number of analysts recently issued reports on XOM shares. The Goldman Sachs Group lowered their price target on shares of Exxon Mobil from $125.00 to $123.00 and set a “neutral” rating on the stock in a report on Friday, January 31st. Bernstein Bank increased their target price on shares of Exxon Mobil from $138.00 to $144.00 and gave the stock an “overweight” rating in a research note on Friday, January 31st. Argus upgraded Exxon Mobil to a “strong-buy” rating in a research report on Tuesday, February 4th. UBS Group reduced their price target on Exxon Mobil from $135.00 to $131.00 and set a “buy” rating for the company in a report on Monday, April 14th. Finally, Mizuho lowered their price target on Exxon Mobil from $131.00 to $129.00 and set a “neutral” rating on the stock in a research report on Thursday, April 3rd. One investment analyst has rated the stock with a sell rating, eight have assigned a hold rating, eleven have assigned a buy rating and two have assigned a strong buy rating to the company. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $125.85.

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.