Helen Stephens Group LLC Sells 443 Shares of Exxon Mobil Co. (NYSE:XOM)

Helen Stephens Group LLC decreased its position in shares of Exxon Mobil Co. (NYSE:XOM) by 1.1% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 38,812 shares of the oil and gas company’s stock after selling 443 shares during the quarter. Exxon Mobil makes up 1.4% of Helen Stephens Group LLC’s holdings, making the stock its 17th largest holding. Helen Stephens Group LLC’s holdings in Exxon Mobil were worth $4,550,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in XOM. Etfidea LLC grew its holdings in shares of Exxon Mobil by 3.3% in the 2nd quarter. Etfidea LLC now owns 2,669 shares of the oil and gas company’s stock worth $307,000 after acquiring an additional 85 shares during the period. Bigelow Investment Advisors LLC grew its holdings in shares of Exxon Mobil by 0.6% in the 2nd quarter. Bigelow Investment Advisors LLC now owns 13,543 shares of the oil and gas company’s stock worth $1,559,000 after acquiring an additional 86 shares during the period. Integral Investment Advisors Inc. grew its holdings in shares of Exxon Mobil by 2.1% in the 2nd quarter. Integral Investment Advisors Inc. now owns 4,207 shares of the oil and gas company’s stock worth $483,000 after acquiring an additional 87 shares during the period. CBIZ Investment Advisory Services LLC grew its holdings in shares of Exxon Mobil by 15.2% in the 2nd quarter. CBIZ Investment Advisory Services LLC now owns 660 shares of the oil and gas company’s stock worth $76,000 after acquiring an additional 87 shares during the period. Finally, Mascoma Wealth Management LLC grew its holdings in Exxon Mobil by 7.0% during the 2nd quarter. Mascoma Wealth Management LLC now owns 1,343 shares of the oil and gas company’s stock valued at $155,000 after buying an additional 88 shares during the last quarter. Institutional investors own 61.80% of the company’s stock.

Exxon Mobil Stock Down 2.6 %

Shares of NYSE XOM opened at $122.07 on Wednesday. Exxon Mobil Co. has a 12-month low of $95.77 and a 12-month high of $126.34. The company has a market cap of $481.32 billion, a P/E ratio of 14.96, a P/E/G ratio of 4.86 and a beta of 0.89. The company has a current ratio of 1.36, a quick ratio of 1.01 and a debt-to-equity ratio of 0.13. The stock has a fifty day moving average price of $116.50 and a 200 day moving average price of $116.11.

Exxon Mobil (NYSE:XOM) last announced its earnings results on Friday, August 2nd. The oil and gas company reported $2.14 earnings per share for the quarter, beating the consensus estimate of $2.04 by $0.10. The company had revenue of $93.06 billion during the quarter, compared to the consensus estimate of $90.09 billion. Exxon Mobil had a return on equity of 16.07% and a net margin of 9.73%. The company’s revenue was up 12.2% on a year-over-year basis. During the same period last year, the firm earned $1.94 earnings per share. Research analysts anticipate that Exxon Mobil Co. will post 8.06 EPS for the current fiscal year.

Exxon Mobil Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, September 10th. Stockholders of record on Thursday, August 15th were paid a dividend of $0.95 per share. The ex-dividend date was Thursday, August 15th. This represents a $3.80 annualized dividend and a dividend yield of 3.11%. Exxon Mobil’s dividend payout ratio is presently 46.57%.

Analyst Ratings Changes

A number of brokerages have commented on XOM. UBS Group lowered their target price on Exxon Mobil from $157.00 to $149.00 and set a “buy” rating on the stock in a report on Wednesday, September 18th. BMO Capital Markets increased their target price on Exxon Mobil from $127.00 to $130.00 and gave the company a “market perform” rating in a report on Friday, October 4th. Evercore ISI raised Exxon Mobil to a “strong-buy” rating in a research note on Monday, August 5th. Wells Fargo & Company increased their price target on Exxon Mobil from $135.00 to $136.00 and gave the stock an “overweight” rating in a research note on Friday, September 27th. Finally, Truist Financial reduced their price target on Exxon Mobil from $121.00 to $117.00 and set a “hold” rating on the stock in a research note on Monday, September 30th. Eight investment analysts have rated the stock with a hold rating, ten have given a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat.com, Exxon Mobil currently has a consensus rating of “Moderate Buy” and a consensus target price of $133.29.

About Exxon Mobil

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.