Thurston Springer Miller Herd & Titak Inc. Acquires 5,497 Shares of Exxon Mobil Co. (NYSE:XOM)

Thurston Springer Miller Herd & Titak Inc. lifted its holdings in Exxon Mobil Co. (NYSE:XOM - Free Report) by 28.5% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 24,818 shares of the oil and gas company's stock after acquiring an additional 5,497 shares during the period. Thurston Springer Miller Herd & Titak Inc.'s holdings in Exxon Mobil were worth $2,670,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in XOM. Fairway Wealth LLC purchased a new stake in Exxon Mobil during the 2nd quarter valued at approximately $35,000. Fairscale Capital LLC purchased a new position in Exxon Mobil during the second quarter valued at $39,000. Hershey Financial Advisers LLC bought a new stake in Exxon Mobil in the 2nd quarter valued at $46,000. Peterson Financial Group Inc. purchased a new stake in Exxon Mobil in the 3rd quarter worth $51,000. Finally, Highline Wealth Partners LLC bought a new position in shares of Exxon Mobil during the 3rd quarter valued at about $54,000. Hedge funds and other institutional investors own 61.80% of the company's stock.

Exxon Mobil Trading Down 0.2 %

Shares of XOM traded down $0.19 during trading hours on Thursday, reaching $111.32. 10,351,484 shares of the company traded hands, compared to its average volume of 14,547,209. The firm has a market cap of $489.27 billion, a price-to-earnings ratio of 13.86, a PEG ratio of 2.70 and a beta of 0.91. Exxon Mobil Co. has a 12-month low of $95.77 and a 12-month high of $126.34. The stock's fifty day moving average price is $112.93 and its 200 day moving average price is $115.55. The company has a current ratio of 1.35, a quick ratio of 1.01 and a debt-to-equity ratio of 0.13.

Exxon Mobil (NYSE:XOM - Get Free Report) last released its quarterly earnings data on Friday, November 1st. The oil and gas company reported $1.92 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.91 by $0.01. The company had revenue of $90.02 billion during 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 period in the previous year, the company earned $2.27 EPS. Sell-side analysts forecast that Exxon Mobil Co. will post 7.86 earnings per share for the current year.

Exxon Mobil Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, December 10th. Shareholders of record on Thursday, November 14th were given a dividend of $0.99 per share. The ex-dividend date of this dividend was Thursday, November 14th. This is a positive change from Exxon Mobil's previous quarterly dividend of $0.95. This represents a $3.96 dividend on an annualized basis and a yield of 3.56%. Exxon Mobil's payout ratio is 49.32%.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently issued reports on the company. BNP Paribas cut Exxon Mobil from a "neutral" rating to an "underperform" rating and set a $105.00 target price on the stock. in a report on Wednesday, October 9th. Wolfe Research upped their price objective on Exxon Mobil from $137.00 to $138.00 in a report on Thursday, October 31st. Royal Bank of Canada reissued a "sector perform" rating and issued a $115.00 target price on shares of Exxon Mobil in a report on Thursday, December 12th. UBS Group decreased their price target on shares of Exxon Mobil from $149.00 to $147.00 and set a "buy" rating on the stock in a research note on Thursday, December 12th. Finally, Wells Fargo & Company lifted their price objective on shares of Exxon Mobil from $135.00 to $136.00 and gave the stock an "overweight" rating in a research note on Friday, September 27th. One analyst has rated the stock with a sell rating, seven have assigned a hold rating, ten have given a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $128.84.

Exxon Mobil Company 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.