Tyler Stone Wealth Management Acquires 2,206 Shares of Exxon Mobil Co. (NYSE:XOM)

Tyler Stone Wealth Management raised its holdings in shares of Exxon Mobil Co. (NYSE:XOM) by 3.7% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 62,149 shares of the oil and gas company’s stock after acquiring an additional 2,206 shares during the quarter. Exxon Mobil comprises approximately 1.2% of Tyler Stone Wealth Management’s portfolio, making the stock its 16th biggest holding. Tyler Stone Wealth Management’s holdings in Exxon Mobil were worth $6,685,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in the stock. Fairway Wealth LLC purchased a new position in shares of Exxon Mobil in the fourth quarter worth about $31,000. Keystone Financial Group Inc. purchased a new position in Exxon Mobil in the 4th quarter worth approximately $36,000. Retirement Wealth Solutions LLC purchased a new stake in shares of Exxon Mobil during the fourth quarter valued at approximately $46,000. Compass Planning Associates Inc purchased a new stake in shares of Exxon Mobil during the fourth quarter valued at approximately $47,000. Finally, Synergy Investment Management LLC bought a new position in shares of Exxon Mobil in the fourth quarter worth approximately $47,000. Hedge funds and other institutional investors own 61.80% of the company’s stock.

Exxon Mobil Price Performance

Shares of XOM stock opened at $116.61 on Wednesday. The stock has a 50 day moving average price of $110.36 and a 200 day moving average price of $113.61. The firm has a market capitalization of $505.99 billion, a P/E ratio of 14.87, a P/E/G ratio of 3.02 and a beta of 0.83. The company has a debt-to-equity ratio of 0.14, a quick ratio of 0.97 and a current ratio of 1.31. Exxon Mobil Co. has a 52-week low of $103.67 and a 52-week high of $126.34.

Exxon Mobil (NYSE:XOM) last issued its earnings results on Friday, January 31st. The oil and gas company reported $1.67 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.77 by ($0.10). Exxon Mobil had a net margin of 9.63% and a return on equity of 12.92%. During the same quarter in the previous year, the business earned $2.48 EPS. As a group, sell-side analysts predict that Exxon Mobil Co. will post 7.43 earnings per share for the current year.

Exxon Mobil Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, March 10th. Stockholders of record on Wednesday, February 12th were paid a dividend of $0.99 per share. This represents a $3.96 annualized dividend and a dividend yield of 3.40%. The ex-dividend date of this dividend was Wednesday, February 12th. Exxon Mobil’s dividend payout ratio is presently 50.51%.

Analysts Set New Price Targets

A number of research analysts have commented on XOM shares. Bernstein Bank upped their price target on Exxon Mobil from $138.00 to $144.00 and gave the company an “overweight” rating in a research report on Friday, January 31st. Barclays decreased their target price on Exxon Mobil from $137.00 to $135.00 and set an “overweight” rating for the company in a report on Tuesday, March 18th. The Goldman Sachs Group cut 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. TD Cowen decreased their price objective on shares of Exxon Mobil from $132.00 to $128.00 and set a “buy” rating for the company in a report on Monday, December 16th. Finally, JPMorgan Chase & Co. cut their target price on shares of Exxon Mobil from $130.00 to $125.00 and set an “overweight” rating on the stock in a research note on Monday, December 16th. One equities research analyst has rated the stock with a sell rating, eight have given a hold rating, eleven have assigned a buy rating and two have issued a strong buy rating to the company. According to data from MarketBeat.com, Exxon Mobil presently has a consensus rating of “Moderate Buy” and an average price target of $129.15.

Insider Activity at Exxon Mobil

In other Exxon Mobil news, VP Darrin L. Talley sold 2,100 shares of Exxon Mobil stock in a transaction on Tuesday, February 4th. The stock was sold at an average price of $110.00, for a total transaction of $231,000.00. Following the completion of the sale, the vice president now directly owns 18,087 shares of the company’s stock, valued at $1,989,570. The trade was 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 company 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.