Kapstone Financial Advisors LLC Buys 487 Shares of Exxon Mobil Co. (NYSE:XOM)

Kapstone Financial Advisors LLC raised its stake in shares of Exxon Mobil Co. (NYSE:XOM) by 4.8% during the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 10,690 shares of the oil and gas company’s stock after purchasing an additional 487 shares during the quarter. Exxon Mobil accounts for about 0.8% of Kapstone Financial Advisors LLC’s investment portfolio, making the stock its 26th biggest position. Kapstone Financial Advisors LLC’s holdings in Exxon Mobil were worth $1,092,000 as of its most recent filing with the SEC.

Other large investors have also made changes to their positions in the company. Orion Capital Management LLC acquired a new position in shares of Exxon Mobil in the 3rd quarter valued at $91,000. Authentikos Wealth Advisory LLC acquired a new position in Exxon Mobil in the third quarter worth about $92,000. Keener Financial Planning LLC bought a new position in Exxon Mobil during the fourth quarter worth about $80,000. Sumitomo Mitsui Financial Group Inc. boosted its holdings in Exxon Mobil by 851.6% during the third quarter. Sumitomo Mitsui Financial Group Inc. now owns 885 shares of the oil and gas company’s stock valued at $106,000 after purchasing an additional 792 shares in the last quarter. Finally, TFO Wealth Partners LLC grew its position in Exxon Mobil by 118.5% in the third quarter. TFO Wealth Partners LLC now owns 968 shares of the oil and gas company’s stock valued at $104,000 after acquiring an additional 525 shares during the period. Institutional investors and hedge funds own 61.80% of the company’s stock.

Exxon Mobil Stock Down 2.8 %

Exxon Mobil stock opened at $117.96 on Monday. Exxon Mobil Co. has a fifty-two week low of $95.77 and a fifty-two week high of $123.75. The firm has a market capitalization of $466.92 billion, a PE ratio of 14.46, a P/E/G ratio of 4.05 and a beta of 0.96. The company’s 50-day moving average is $113.33 and its 200-day moving average is $106.64. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.38 and a quick ratio of 1.06.

Exxon Mobil (NYSE:XOM) last posted its earnings results on Friday, April 26th. The oil and gas company reported $2.06 earnings per share for the quarter, missing analysts’ consensus estimates of $2.19 by ($0.13). Exxon Mobil had a return on equity of 16.75% and a net margin of 9.62%. The business had revenue of $83.08 billion for the quarter, compared to analyst estimates of $79.69 billion. During the same period in the previous year, the firm posted $2.83 earnings per share. The firm’s revenue was down 4.0% compared to the same quarter last year. Sell-side analysts anticipate that Exxon Mobil Co. will post 9.7 earnings per share for the current year.

Exxon Mobil Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, June 10th. Stockholders of record on Wednesday, May 15th will be given a $0.95 dividend. This represents a $3.80 annualized dividend and a dividend yield of 3.22%. The ex-dividend date is Tuesday, May 14th. Exxon Mobil’s payout ratio is presently 46.57%.

Insider Transactions at Exxon Mobil

In related news, VP Darrin L. Talley sold 2,400 shares of the company’s stock in a transaction dated Thursday, February 22nd. The shares were sold at an average price of $105.00, for a total value of $252,000.00. Following the transaction, the vice president now owns 30,189 shares in the company, valued at approximately $3,169,845. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. 0.03% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

XOM has been the topic of several research analyst reports. TD Cowen upped their price objective on shares of Exxon Mobil from $115.00 to $120.00 and gave the stock a “buy” rating in a research note on Monday, April 1st. Royal Bank of Canada reissued a “sector perform” rating and set a $120.00 price objective on shares of Exxon Mobil in a report on Monday, February 5th. Redburn Atlantic upgraded shares of Exxon Mobil from a “neutral” rating to a “buy” rating and lifted their price target for the stock from $116.00 to $119.00 in a research report on Tuesday, January 9th. Scotiabank increased their price objective on shares of Exxon Mobil from $114.00 to $129.00 and gave the company a “sector perform” rating in a report on Thursday, April 11th. Finally, Barclays started coverage on shares of Exxon Mobil in a report on Wednesday, April 10th. They set an “overweight” rating and a $147.00 target price for the company. Eight investment analysts have rated the stock with a hold rating and eleven have issued a buy rating to the stock. According to data from MarketBeat, Exxon Mobil currently has a consensus rating of “Moderate Buy” and a consensus price target of $132.28.

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.