Stillwater Capital Advisors LLC Purchases 2,159 Shares of Exxon Mobil Co. (NYSE:XOM)

Stillwater Capital Advisors LLC lifted its position in Exxon Mobil Co. (NYSE:XOM) by 1.5% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 146,922 shares of the oil and gas company’s stock after acquiring an additional 2,159 shares during the quarter. Exxon Mobil accounts for approximately 2.0% of Stillwater Capital Advisors LLC’s investment portfolio, making the stock its 22nd largest holding. Stillwater Capital Advisors LLC’s holdings in Exxon Mobil were worth $15,804,000 at the end of the most recent quarter.

Other hedge funds also recently added to or reduced their stakes in the company. Fairscale Capital LLC bought a new position in shares of Exxon Mobil during the second quarter valued at approximately $39,000. Hershey Financial Advisers LLC bought a new position in shares of Exxon Mobil during the 2nd quarter worth approximately $46,000. Retirement Wealth Solutions LLC purchased a new stake in shares of Exxon Mobil during the 4th quarter valued at $46,000. Peterson Financial Group Inc. purchased a new stake in Exxon Mobil in the third quarter valued at about $51,000. Finally, Highline Wealth Partners LLC purchased a new position in shares of Exxon Mobil in the 3rd quarter valued at approximately $54,000. 61.80% of the stock is owned by hedge funds and other institutional investors.

Exxon Mobil Stock Performance

NYSE XOM opened at $112.37 on Tuesday. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.35 and a quick ratio of 1.01. The stock’s 50 day simple moving average is $112.56 and its 200-day simple moving average is $115.51. The company has a market cap of $493.89 billion, a PE ratio of 13.99, a price-to-earnings-growth ratio of 2.70 and a beta of 0.91. Exxon Mobil Co. has a 1-year low of $95.77 and a 1-year high of $126.34.

Exxon Mobil (NYSE:XOM) last announced its earnings results on Friday, November 1st. The oil and gas company reported $1.92 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.91 by $0.01. The company had revenue of $90.02 billion for the quarter, compared to analysts’ expectations of $93.98 billion. Exxon Mobil had a net margin of 9.61% and a return on equity of 14.73%. The firm’s quarterly revenue was down .8% on a year-over-year basis. During the same quarter in the previous year, the company posted $2.27 EPS. As a group, equities research analysts anticipate that Exxon Mobil Co. will post 7.86 EPS for the current fiscal year.

Exxon Mobil Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, December 10th. Shareholders of record on Thursday, November 14th were issued a $0.99 dividend. This is an increase from Exxon Mobil’s previous quarterly dividend of $0.95. The ex-dividend date of this dividend was Thursday, November 14th. This represents a $3.96 dividend on an annualized basis and a yield of 3.52%. Exxon Mobil’s dividend payout ratio is presently 49.32%.

Wall Street Analyst Weigh In

A number of research analysts have issued reports on the stock. Barclays decreased their price target on shares of Exxon Mobil from $142.00 to $137.00 and set an “overweight” rating for the company in a report on Thursday, October 3rd. The Goldman Sachs Group lifted their price target on Exxon Mobil from $118.00 to $120.00 in a research report on Thursday, October 31st. Scotiabank raised Exxon Mobil from a “sector perform” rating to a “sector outperform” rating and increased their price objective for the company from $129.00 to $145.00 in a report on Thursday, October 10th. Wolfe Research lifted their target price on Exxon Mobil from $137.00 to $138.00 in a report on Thursday, October 31st. Finally, Bank of America initiated coverage on shares of Exxon Mobil in a report on Thursday, October 17th. They issued a “neutral” rating and a $124.00 price target on the stock. One investment analyst has rated the stock with a sell rating, seven have assigned a hold rating, ten have given a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, Exxon Mobil has a consensus rating of “Moderate Buy” and an average target price of $128.84.

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.