Winebrenner Capital Management LLC Makes New $943,000 Investment in Exxon Mobil Co. (NYSE:XOM)

Winebrenner Capital Management LLC purchased a new stake in shares of Exxon Mobil Co. (NYSE:XOM) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 8,762 shares of the oil and gas company’s stock, valued at approximately $943,000.

Other hedge funds have also modified their holdings of the company. Pacer Advisors Inc. grew its stake in shares of Exxon Mobil by 1,524.1% in the 4th quarter. Pacer Advisors Inc. now owns 5,445,922 shares of the oil and gas company’s stock valued at $585,818,000 after buying an additional 5,110,603 shares in the last quarter. Franklin Resources Inc. lifted its stake in Exxon Mobil by 16.3% in the third quarter. Franklin Resources Inc. now owns 31,522,556 shares of the oil and gas company’s stock valued at $3,936,929,000 after acquiring an additional 4,415,012 shares during the last quarter. Strategic Financial Concepts LLC grew its position in Exxon Mobil by 11,131.0% in the fourth quarter. Strategic Financial Concepts LLC now owns 1,792,811 shares of the oil and gas company’s stock worth $192,853,000 after acquiring an additional 1,776,848 shares in the last quarter. Geode Capital Management LLC increased its stake in shares of Exxon Mobil by 1.8% during the 3rd quarter. Geode Capital Management LLC now owns 92,194,981 shares of the oil and gas company’s stock worth $10,777,735,000 after purchasing an additional 1,622,064 shares during the last quarter. Finally, Massachusetts Financial Services Co. MA raised its holdings in shares of Exxon Mobil by 9.0% during the 3rd quarter. Massachusetts Financial Services Co. MA now owns 18,328,008 shares of the oil and gas company’s stock valued at $2,148,409,000 after purchasing an additional 1,512,694 shares in the last quarter. 61.80% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of equities research analysts recently issued reports on XOM shares. Morgan Stanley upped their price objective on shares of Exxon Mobil from $139.00 to $140.00 in a report on Friday, January 31st. HSBC decreased their price target on Exxon Mobil from $125.00 to $123.00 and set a “hold” rating for the company in a research note on Friday, January 31st. UBS Group reduced their target price on Exxon Mobil from $149.00 to $147.00 and set a “buy” rating for the company in a report on Thursday, December 12th. Mizuho dropped their price target on shares of Exxon Mobil from $137.00 to $134.00 and set a “neutral” rating on the stock in a research report on Monday, December 16th. Finally, Royal Bank of Canada reaffirmed a “sector perform” rating and set a $115.00 price objective on shares of Exxon Mobil in a report on Monday, February 3rd. One research analyst has rated the stock with a sell rating, eight have assigned a hold rating, eleven have issued a buy rating and two have issued a strong buy rating to the stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $129.25.

Exxon Mobil Stock Up 0.4 %

Shares of XOM opened at $111.18 on Tuesday. The company has a quick ratio of 0.97, a current ratio of 1.31 and a debt-to-equity ratio of 0.14. The company has a 50-day moving average price of $108.65 and a two-hundred day moving average price of $114.44. The stock has a market cap of $482.42 billion, a price-to-earnings ratio of 14.18, a P/E/G ratio of 3.02 and a beta of 0.89. Exxon Mobil Co. has a 12 month low of $103.05 and a 12 month high of $126.34.

Exxon Mobil (NYSE:XOM) last posted its earnings results on Friday, January 31st. The oil and gas company reported $1.67 EPS for the quarter, missing the consensus estimate 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 period in the prior year, the company posted $2.48 EPS. Equities analysts predict that Exxon Mobil Co. will post 7.43 EPS for the current fiscal year.

Exxon Mobil Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, March 10th. Stockholders of record on Wednesday, February 12th will be paid a $0.99 dividend. The ex-dividend date of this dividend is Wednesday, February 12th. This represents a $3.96 annualized dividend and a dividend yield of 3.56%. Exxon Mobil’s dividend payout ratio is presently 50.51%.

Insider Transactions at Exxon Mobil

In related news, VP Darrin L. Talley sold 2,100 shares of Exxon Mobil stock in a transaction dated Tuesday, February 4th. The shares were sold at an average price of $110.00, for a total transaction of $231,000.00. Following the completion of the transaction, the vice president now directly owns 18,087 shares of the company’s stock, valued at $1,989,570. This trade represents a 10.40 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. 0.03% of the stock is owned by insiders.

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.