Kathmere Capital Management LLC Has $2.73 Million Position in Exxon Mobil Co. (NYSE:XOM)

Kathmere Capital Management LLC raised its position in Exxon Mobil Co. (NYSE:XOM) by 1.0% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 25,389 shares of the oil and gas company’s stock after buying an additional 254 shares during the quarter. Kathmere Capital Management LLC’s holdings in Exxon Mobil were worth $2,731,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in XOM. San Luis Wealth Advisors LLC boosted its holdings in Exxon Mobil by 0.7% in the 4th quarter. San Luis Wealth Advisors LLC now owns 28,828 shares of the oil and gas company’s stock valued at $3,101,000 after purchasing an additional 195 shares during the period. Allen Mooney & Barnes Investment Advisors LLC boosted its stake in shares of Exxon Mobil by 1.9% in the fourth quarter. Allen Mooney & Barnes Investment Advisors LLC now owns 155,625 shares of the oil and gas company’s stock valued at $16,741,000 after buying an additional 2,885 shares during the period. Rockland Trust Co. grew its position in Exxon Mobil by 2.9% during the fourth quarter. Rockland Trust Co. now owns 273,275 shares of the oil and gas company’s stock worth $29,396,000 after buying an additional 7,619 shares in the last quarter. Fifth Third Wealth Advisors LLC increased its stake in Exxon Mobil by 20.2% during the 4th quarter. Fifth Third Wealth Advisors LLC now owns 126,618 shares of the oil and gas company’s stock worth $13,620,000 after acquiring an additional 21,258 shares during the period. Finally, Oak Thistle LLC raised its holdings in Exxon Mobil by 219.5% in the 4th quarter. Oak Thistle LLC now owns 11,402 shares of the oil and gas company’s stock valued at $1,227,000 after acquiring an additional 7,833 shares in the last quarter. Institutional investors own 61.80% of the company’s stock.

Wall Street Analysts Forecast Growth

XOM has been the topic of a number of recent analyst reports. Piper Sandler decreased their price target on Exxon Mobil from $138.00 to $127.00 and set an “overweight” rating on the stock in a research report on Thursday, December 19th. Wolfe Research boosted their target price on shares of Exxon Mobil from $137.00 to $138.00 in a research report on Thursday, October 31st. Bank of America assumed coverage on shares of Exxon Mobil in a research report on Thursday, October 17th. They set a “neutral” rating and a $124.00 price target on the stock. UBS Group lowered their price objective on shares of Exxon Mobil from $149.00 to $147.00 and set a “buy” rating for the company in a research report on Thursday, December 12th. Finally, BMO Capital Markets raised their target price on Exxon Mobil from $127.00 to $130.00 and gave the company a “market perform” rating in a report on Friday, October 4th. One equities research analyst has rated the stock with a sell rating, seven have given a hold rating, ten have issued a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $128.84.

Exxon Mobil Trading Up 1.6 %

Shares of NYSE XOM opened at $111.44 on Thursday. The firm has a 50 day moving average price of $113.12 and a two-hundred day moving average price of $115.58. The stock has a market cap of $489.79 billion, a P/E ratio of 13.88, a price-to-earnings-growth ratio of 4.65 and a beta of 0.91. Exxon Mobil Co. has a 52-week low of $95.77 and a 52-week high of $126.34. The company has a debt-to-equity ratio of 0.13, a quick ratio of 1.01 and a current ratio of 1.35.

Exxon Mobil (NYSE:XOM) last posted its quarterly earnings data on Friday, November 1st. The oil and gas company reported $1.92 earnings per share for the quarter, beating analysts’ consensus estimates of $1.91 by $0.01. The business had revenue of $90.02 billion during 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%. Exxon Mobil’s quarterly revenue was down .8% on a year-over-year basis. During the same period in the prior year, the business posted $2.27 earnings per share. As a group, equities analysts forecast that Exxon Mobil Co. will post 7.95 EPS for the current year.

Exxon Mobil Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, December 10th. Investors of record on Thursday, November 14th were paid a $0.99 dividend. This is a positive change from Exxon Mobil’s previous quarterly dividend of $0.95. This represents a $3.96 dividend on an annualized basis and a dividend yield of 3.55%. The ex-dividend date of this dividend was Thursday, November 14th. Exxon Mobil’s payout ratio is currently 49.32%.

Exxon Mobil 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.