Revisor Wealth Management LLC Grows Stake in ExxonMobil Corporation $XOM

Revisor Wealth Management LLC lifted its stake in shares of ExxonMobil Corporation (NYSE:XOMFree Report) by 42.1% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 20,043 shares of the oil and gas company’s stock after purchasing an additional 5,934 shares during the period. Revisor Wealth Management LLC’s holdings in ExxonMobil were worth $2,585,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also modified their holdings of XOM. Key Capital Management INC acquired a new position in ExxonMobil during the fourth quarter worth about $28,000. Westfuller Advisors LLC acquired a new position in ExxonMobil during the third quarter worth about $30,000. Clayton Financial Group LLC acquired a new position in ExxonMobil during the third quarter worth about $40,000. TruNorth Capital Management LLC boosted its position in ExxonMobil by 1,595.2% during the third quarter. TruNorth Capital Management LLC now owns 356 shares of the oil and gas company’s stock worth $40,000 after acquiring an additional 335 shares during the last quarter. Finally, Halbert Hargrove Global Advisors LLC boosted its position in ExxonMobil by 95.8% during the third quarter. Halbert Hargrove Global Advisors LLC now owns 370 shares of the oil and gas company’s stock worth $42,000 after acquiring an additional 181 shares during the last quarter. Hedge funds and other institutional investors own 61.80% of the company’s stock.

ExxonMobil News Roundup

Here are the key news stories impacting ExxonMobil this week:

ExxonMobil Stock Performance

NYSE:XOM opened at $149.46 on Thursday. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.15 and a quick ratio of 0.79. The firm has a market capitalization of $621.24 billion, a price-to-earnings ratio of 22.34, a PEG ratio of 0.75 and a beta of 0.29. The company’s 50-day moving average is $154.73 and its two-hundred day moving average is $133.49. ExxonMobil Corporation has a 1-year low of $101.18 and a 1-year high of $176.41.

ExxonMobil (NYSE:XOMGet Free Report) last posted its earnings results on Friday, January 30th. The oil and gas company reported $1.71 earnings per share for the quarter, beating the consensus estimate of $1.63 by $0.08. The company had revenue of $80.04 billion for the quarter, compared to analyst estimates of $77.98 billion. ExxonMobil had a net margin of 8.68% and a return on equity of 11.21%. ExxonMobil’s revenue was down 1.3% on a year-over-year basis. During the same period in the previous year, the business posted $1.67 EPS. Analysts forecast that ExxonMobil Corporation will post 9.94 EPS for the current year.

ExxonMobil Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, March 10th. Shareholders of record on Thursday, February 12th were issued a $1.03 dividend. This represents a $4.12 annualized dividend and a yield of 2.8%. The ex-dividend date was Thursday, February 12th. ExxonMobil’s payout ratio is presently 61.58%.

Insiders Place Their Bets

In other ExxonMobil news, VP Darrin L. Talley sold 5,000 shares of the business’s stock in a transaction dated Monday, February 2nd. The shares were sold at an average price of $139.75, for a total value of $698,750.00. Following the transaction, the vice president directly owned 23,584 shares in the company, valued at $3,295,864. The trade was a 17.49% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. In the last quarter, insiders have sold 11,460 shares of company stock valued at $1,687,854. Insiders own 0.03% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms recently weighed in on XOM. TD Cowen lowered their price target on shares of ExxonMobil from $175.00 to $172.00 and set a “buy” rating on the stock in a research report on Friday, April 10th. Wells Fargo & Company boosted their price target on shares of ExxonMobil from $183.00 to $185.00 and gave the stock an “overweight” rating in a research report on Thursday, April 9th. Mizuho boosted their price target on shares of ExxonMobil from $140.00 to $162.00 and gave the stock a “neutral” rating in a research report on Tuesday, March 17th. JPMorgan Chase & Co. boosted their price target on shares of ExxonMobil from $140.00 to $170.00 and gave the stock an “overweight” rating in a research report on Thursday, April 9th. Finally, Weiss Ratings restated a “hold (c+)” rating on shares of ExxonMobil in a research report on Friday, April 10th. Ten research analysts have rated the stock with a Buy rating and eleven have given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $161.55.

Check Out Our Latest Report on ExxonMobil

ExxonMobil Company Profile

(Free Report)

ExxonMobil Corporation (NYSE: XOM) is an integrated oil and gas company engaged in the exploration, production, refining, distribution and marketing of petroleum products and the manufacture and sale of petrochemicals. Its operations span the full energy value chain, including upstream exploration and development of crude oil and natural gas; midstream transportation and storage; and downstream refining, product distribution and retail. The company also produces a broad range of chemical products for industrial and consumer applications.

ExxonMobil markets fuels and lubricants under well-known brands such as Exxon, Mobil and Esso, and its Mobil 1 motor oil is a prominent consumer product.

See Also

Institutional Ownership by Quarter for ExxonMobil (NYSE:XOM)

Receive News & Ratings for ExxonMobil Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ExxonMobil and related companies with MarketBeat.com's FREE daily email newsletter.