Guided Capital Wealth Management LLC Takes Position in Exxon Mobil Co. (NYSE:XOM)

Guided Capital Wealth Management LLC acquired a new stake in shares of Exxon Mobil Co. (NYSE:XOM) in the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor acquired 17,593 shares of the oil and gas company’s stock, valued at approximately $1,893,000. Exxon Mobil comprises 1.7% of Guided Capital Wealth Management LLC’s investment portfolio, making the stock its 14th largest holding.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Vertex Planning Partners LLC raised its stake in Exxon Mobil by 3.1% in the 3rd quarter. Vertex Planning Partners LLC now owns 2,778 shares of the oil and gas company’s stock worth $326,000 after acquiring an additional 83 shares during the last quarter. First Heartland Consultants Inc. grew its position in Exxon Mobil by 0.9% during the 3rd quarter. First Heartland Consultants Inc. now owns 9,451 shares of the oil and gas company’s stock worth $1,108,000 after purchasing an additional 87 shares during the period. Latitude Advisors LLC grew its position in Exxon Mobil by 0.7% during the 3rd quarter. Latitude Advisors LLC now owns 13,378 shares of the oil and gas company’s stock worth $1,568,000 after purchasing an additional 88 shares during the period. Longfellow Investment Management Co. LLC grew its position in Exxon Mobil by 0.6% during the 3rd quarter. Longfellow Investment Management Co. LLC now owns 14,537 shares of the oil and gas company’s stock worth $1,704,000 after purchasing an additional 88 shares during the period. Finally, West Oak Capital LLC grew its position in Exxon Mobil by 0.6% during the 4th quarter. West Oak Capital LLC now owns 16,207 shares of the oil and gas company’s stock worth $1,743,000 after purchasing an additional 92 shares during the period. Hedge funds and other institutional investors own 61.80% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts have weighed in on the company. The Goldman Sachs Group cut their price target on Exxon Mobil from $125.00 to $123.00 and set a “neutral” rating on the stock in a research report on Friday, January 31st. UBS Group cut their price target on Exxon Mobil from $149.00 to $147.00 and set a “buy” rating on the stock in a research report on Thursday, December 12th. HSBC dropped their target price on Exxon Mobil from $125.00 to $123.00 and set a “hold” rating on the stock in a research report on Friday, January 31st. TD Cowen dropped their target price on Exxon Mobil from $132.00 to $128.00 and set a “buy” rating on the stock in a research report on Monday, December 16th. Finally, Wells Fargo & Company dropped their target price on Exxon Mobil from $136.00 to $135.00 and set an “overweight” rating on the stock in a research report on Monday, February 3rd. One analyst has rated the stock with a sell rating, eight have issued a hold rating, eleven have given a buy rating and two have issued a strong buy rating to the company. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $129.25.

Exxon Mobil Trading Up 0.0 %

XOM opened at $108.17 on Friday. The company has a debt-to-equity ratio of 0.14, a current ratio of 1.31 and a quick ratio of 0.97. The company’s 50 day simple moving average is $108.88 and its two-hundred day simple moving average is $114.78. Exxon Mobil Co. has a 1-year low of $100.60 and a 1-year high of $126.34. The firm has a market capitalization of $475.42 billion, a price-to-earnings ratio of 13.80, a price-to-earnings-growth ratio of 2.94 and a beta of 0.89.

Exxon Mobil (NYSE:XOM) last released its earnings results on Friday, January 31st. The oil and gas company reported $1.67 earnings per share for the quarter, missing analysts’ consensus estimates of $1.77 by ($0.10). Exxon Mobil had a return on equity of 12.92% and a net margin of 9.63%. During the same quarter in the previous year, the business earned $2.48 earnings per share. Analysts expect that Exxon Mobil Co. will post 7.37 EPS for the current fiscal year.

Exxon Mobil Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, March 10th. Stockholders of record on Wednesday, February 12th will be given a dividend of $0.99 per share. This represents a $3.96 annualized dividend and a dividend yield of 3.66%. The ex-dividend date of this dividend is Wednesday, February 12th. Exxon Mobil’s payout ratio is presently 50.51%.

Insider Activity

In other news, VP Darrin L. Talley sold 2,100 shares of Exxon Mobil stock in a transaction that occurred on Tuesday, February 4th. The shares were sold at an average price of $110.00, for a total transaction of $231,000.00. Following the sale, the vice president now owns 18,087 shares of the company’s stock, valued at approximately $1,989,570. The trade was a 10.40 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Corporate insiders own 0.03% of the company’s stock.

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.