Brady Martz Wealth Solutions LLC Invests $1.41 Million in Exxon Mobil Co. (NYSE:XOM)

Brady Martz Wealth Solutions LLC bought a new stake in Exxon Mobil Co. (NYSE:XOM - Free Report) during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 12,867 shares of the oil and gas company's stock, valued at approximately $1,412,000.

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

Analysts Set New Price Targets

XOM has been the subject of several research analyst reports. Bank of America initiated coverage on Exxon Mobil in a research note on Thursday, October 17th. They set a "neutral" rating and a $124.00 price target for the company. BNP Paribas lowered Exxon Mobil from a "neutral" rating to an "underperform" rating and set a $105.00 price objective for the company. in a research note on Wednesday, October 9th. Scotiabank upgraded Exxon Mobil from a "sector perform" rating to a "sector outperform" rating and lifted their price target for the stock from $129.00 to $145.00 in a research note on Thursday, October 10th. 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 report on Monday, December 16th. Finally, Wells Fargo & Company raised their target price on Exxon Mobil from $135.00 to $136.00 and gave the company an "overweight" rating in a research report on Friday, September 27th. 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 given a strong buy rating to the company's stock. Based on data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus target price of $128.84.

Exxon Mobil Trading Down 0.8 %

Exxon Mobil stock traded down $0.88 during trading hours on Tuesday, hitting $111.44. The stock had a trading volume of 3,847,296 shares, compared to its average volume of 13,990,660. The business's 50 day simple moving average is $112.40 and its 200-day simple moving average is $115.50. The company has a quick ratio of 1.01, a current ratio of 1.35 and a debt-to-equity ratio of 0.13. Exxon Mobil Co. has a one year low of $95.77 and a one year high of $126.34. The stock has a market cap of $489.78 billion, a price-to-earnings ratio of 13.85, a P/E/G ratio of 3.01 and a beta of 0.91.

Exxon Mobil (NYSE:XOM - Get Free Report) last announced its earnings results on Friday, November 1st. The oil and gas company reported $1.92 earnings per share for the quarter, topping analysts' consensus estimates of $1.91 by $0.01. The business had revenue of $90.02 billion during the quarter, compared to the consensus estimate of $93.98 billion. Exxon Mobil had a net margin of 9.61% and a return on equity of 14.73%. Exxon Mobil's quarterly revenue was down .8% on a year-over-year basis. During the same quarter last year, the firm earned $2.27 earnings per share. On average, equities analysts predict that Exxon Mobil Co. will post 7.77 EPS for the current fiscal year.

Exxon Mobil Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, December 10th. Stockholders of record on Thursday, November 14th were issued a $0.99 dividend. The ex-dividend date was Thursday, November 14th. This is a positive change from Exxon Mobil's previous quarterly dividend of $0.95. This represents a $3.96 annualized dividend and a dividend yield of 3.55%. Exxon Mobil's dividend payout ratio is currently 49.32%.

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.