Baron Silver Stevens Financial Advisors LLC Has $212,000 Stake in Exxon Mobil Co. (NYSE:XOM)

Baron Silver Stevens Financial Advisors LLC lifted its position in shares of Exxon Mobil Co. (NYSE:XOM) by 11.9% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 1,972 shares of the oil and gas company’s stock after purchasing an additional 210 shares during the quarter. Baron Silver Stevens Financial Advisors LLC’s holdings in Exxon Mobil were worth $212,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. Hershey Financial Advisers LLC acquired a new stake in Exxon Mobil during the 2nd quarter worth about $46,000. Retirement Wealth Solutions LLC acquired a new position in shares of Exxon Mobil in the 4th quarter valued at about $46,000. Peterson Financial Group Inc. bought a new stake in shares of Exxon Mobil during the 3rd quarter valued at about $51,000. Highline Wealth Partners LLC bought a new stake in Exxon Mobil in the third quarter worth approximately $54,000. Finally, Harbor Capital Advisors Inc. bought a new stake in Exxon Mobil in the third quarter worth approximately $63,000. 61.80% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

XOM has been the subject of several recent analyst reports. Bank of America initiated coverage on shares of Exxon Mobil in a research report on Thursday, October 17th. They set a “neutral” rating and a $124.00 price objective for the company. BNP Paribas cut shares of Exxon Mobil from a “neutral” rating to an “underperform” rating and set a $105.00 price target for the company. in a report on Wednesday, October 9th. Scotiabank upgraded shares of Exxon Mobil from a “sector perform” rating to a “sector outperform” rating and upped their price objective for the company from $129.00 to $145.00 in a report on Thursday, October 10th. JPMorgan Chase & Co. reduced their target price on Exxon Mobil from $130.00 to $125.00 and set an “overweight” rating for the company in a research note on Monday, December 16th. Finally, The Goldman Sachs Group upped their price target on Exxon Mobil from $118.00 to $120.00 in a research note on Thursday, October 31st. One equities research analyst has rated the stock with a sell rating, seven have given a hold rating, ten have assigned a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $128.84.

Exxon Mobil Stock Down 1.4 %

XOM opened at $108.64 on Friday. Exxon Mobil Co. has a fifty-two week low of $99.61 and a fifty-two week high of $126.34. The firm has a market capitalization of $477.48 billion, a P/E ratio of 13.53, a PEG ratio of 2.86 and a beta of 0.91. The company’s 50-day moving average is $111.56 and its 200 day moving average is $115.38. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.35 and a quick ratio of 1.01.

Exxon Mobil (NYSE:XOM) last posted its earnings results on Friday, November 1st. The oil and gas company reported $1.92 EPS for the quarter, topping the consensus estimate of $1.91 by $0.01. The firm 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 company’s quarterly revenue was down .8% compared to the same quarter last year. During the same quarter last year, the firm earned $2.27 EPS. Research analysts expect that Exxon Mobil Co. will post 7.77 earnings per share 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 given a $0.99 dividend. The ex-dividend date of this dividend was Thursday, November 14th. This represents a $3.96 annualized dividend and a yield of 3.65%. This is a boost from Exxon Mobil’s previous quarterly dividend of $0.95. Exxon Mobil’s 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.