Goldstone Financial Group LLC Buys Shares of 4,177 Exxon Mobil Co. (NYSE:XOM)

Goldstone Financial Group LLC acquired a new stake in Exxon Mobil Co. (NYSE:XOM - Free Report) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 4,177 shares of the oil and gas company's stock, valued at approximately $449,000.

Other institutional investors have also recently made changes to their positions in the company. FMR LLC boosted its stake in shares of Exxon Mobil by 0.3% in the 3rd quarter. FMR LLC now owns 151,863,649 shares of the oil and gas company's stock valued at $17,801,457,000 after buying an additional 395,218 shares during the period. Geode Capital Management LLC lifted its stake in Exxon Mobil by 1.8% in the third quarter. Geode Capital Management LLC now owns 92,194,981 shares of the oil and gas company's stock worth $10,777,735,000 after acquiring an additional 1,622,064 shares during the last quarter. Legal & General Group Plc grew its holdings in Exxon Mobil by 19.3% during the 2nd quarter. Legal & General Group Plc now owns 32,308,002 shares of the oil and gas company's stock worth $3,719,296,000 after acquiring an additional 5,235,607 shares in the last quarter. Franklin Resources Inc. increased its position in shares of Exxon Mobil by 16.3% in the 3rd quarter. Franklin Resources Inc. now owns 31,522,556 shares of the oil and gas company's stock valued at $3,936,929,000 after purchasing an additional 4,415,012 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. raised its holdings in shares of Exxon Mobil by 0.5% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 31,160,117 shares of the oil and gas company's stock valued at $3,652,589,000 after purchasing an additional 146,374 shares in the last quarter. Institutional investors and hedge funds own 61.80% of the company's stock.

Exxon Mobil Stock Performance

Exxon Mobil stock traded up $1.05 during mid-day trading on Friday, reaching $112.37. 19,228,798 shares of the company were exchanged, compared to its average volume of 13,346,318. The firm's 50-day simple moving average is $112.56 and its two-hundred day simple moving average is $115.50. Exxon Mobil Co. has a twelve month low of $95.77 and a twelve month high of $126.34. The firm 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. The company has a debt-to-equity ratio of 0.13, a quick ratio of 1.01 and a current ratio of 1.35.

Exxon Mobil (NYSE:XOM - Get Free Report) last issued its quarterly earnings results on Friday, November 1st. The oil and gas company reported $1.92 earnings per share for the quarter, topping the consensus estimate of $1.91 by $0.01. The firm had revenue of $90.02 billion during the quarter, compared to the consensus estimate of $93.98 billion. Exxon Mobil had a return on equity of 14.73% and a net margin of 9.61%. The company's revenue for the quarter was down .8% on a year-over-year basis. During the same period last year, the company earned $2.27 earnings per share. Equities analysts predict that Exxon Mobil Co. will post 7.86 earnings per share for the current fiscal year.

Exxon Mobil Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, December 10th. Stockholders of record on Thursday, November 14th were paid a dividend of $0.99 per share. This represents a $3.96 dividend on an annualized basis and a dividend yield of 3.52%. This is a positive change from Exxon Mobil's previous quarterly dividend of $0.95. The ex-dividend date of this dividend was Thursday, November 14th. Exxon Mobil's payout ratio is 49.32%.

Wall Street Analysts Forecast Growth

Several research firms recently commented on XOM. UBS Group dropped their target price on Exxon Mobil from $149.00 to $147.00 and set a "buy" rating on the stock in a report on Thursday, December 12th. Barclays dropped their price objective on Exxon Mobil from $142.00 to $137.00 and set an "overweight" rating on the stock in a report on Thursday, October 3rd. TD Cowen decreased their target price on Exxon Mobil from $132.00 to $128.00 and set a "buy" rating for the company in a research note on Monday, December 16th. BMO Capital Markets increased their price target on shares of Exxon Mobil from $127.00 to $130.00 and gave the company a "market perform" rating in a research note on Friday, October 4th. Finally, Scotiabank upgraded shares of Exxon Mobil from a "sector perform" rating to a "sector outperform" rating and boosted their price objective for the stock from $129.00 to $145.00 in a research report on Thursday, October 10th. One investment analyst has rated the stock with a sell rating, seven have issued a hold rating, ten have issued a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus 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.