Taylor Hoffman Capital Management LLC Buys 2,000 Shares of Exxon Mobil Co. (NYSE:XOM)

Taylor Hoffman Capital Management LLC increased its stake in Exxon Mobil Co. (NYSE:XOM) by 21.7% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 11,237 shares of the oil and gas company’s stock after purchasing an additional 2,000 shares during the quarter. Taylor Hoffman Capital Management LLC’s holdings in Exxon Mobil were worth $1,209,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of the stock. Beacon Capital Management LLC raised its holdings in Exxon Mobil by 1.1% in the 4th quarter. Beacon Capital Management LLC now owns 8,582 shares of the oil and gas company’s stock worth $923,000 after purchasing an additional 93 shares during the period. Lincoln Capital LLC raised its holdings in Exxon Mobil by 1.1% during the fourth quarter. Lincoln Capital LLC now owns 8,521 shares of the oil and gas company’s stock valued at $917,000 after acquiring an additional 94 shares during the period. Altus Wealth Group LLC raised its holdings in Exxon Mobil by 0.9% during the fourth quarter. Altus Wealth Group LLC now owns 10,130 shares of the oil and gas company’s stock valued at $1,090,000 after acquiring an additional 94 shares during the period. Harvest Fund Management Co. Ltd raised its holdings in Exxon Mobil by 11.4% during the fourth quarter. Harvest Fund Management Co. Ltd now owns 918 shares of the oil and gas company’s stock valued at $99,000 after acquiring an additional 94 shares during the period. Finally, Field & Main Bank raised its holdings in Exxon Mobil by 0.4% during the fourth quarter. Field & Main Bank now owns 23,495 shares of the oil and gas company’s stock valued at $2,527,000 after acquiring an additional 95 shares during the period. 61.80% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

XOM has been the topic of a number of recent analyst reports. UBS Group decreased their price target on Exxon Mobil from $135.00 to $131.00 and set a “buy” rating on the stock in a report on Monday, April 14th. Bernstein Bank raised their price target on Exxon Mobil from $138.00 to $144.00 and gave the company an “overweight” rating in a report on Friday, January 31st. Argus raised Exxon Mobil to a “strong-buy” rating in a report on Tuesday, February 4th. HSBC reduced their target price on Exxon Mobil from $125.00 to $123.00 and set a “hold” rating on the stock in a report on Friday, January 31st. Finally, BMO Capital Markets reduced their target price on Exxon Mobil from $130.00 to $123.00 and set a “market perform” rating on the stock in a report on Friday, January 31st. One investment analyst has rated the stock with a sell rating, eight have given a hold rating, eleven have issued a buy rating and two have issued a strong buy rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $125.50.

Exxon Mobil Trading Down 1.5%

XOM opened at $104.87 on Wednesday. The firm has a market cap of $451.95 billion, a P/E ratio of 13.38, a P/E/G ratio of 3.02 and a beta of 0.51. Exxon Mobil Co. has a 12 month low of $97.80 and a 12 month high of $126.34. 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 stock has a 50-day moving average of $108.85 and a 200 day moving average of $110.67.

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

Exxon Mobil Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, June 10th. Stockholders of record on Thursday, May 15th will be paid a dividend of $0.99 per share. The ex-dividend date of this dividend is Thursday, May 15th. This represents a $3.96 dividend on an annualized basis and a dividend yield of 3.78%. Exxon Mobil’s dividend payout ratio is 52.52%.

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.