Belpointe Asset Management LLC Has $7.18 Million Holdings in ExxonMobil Corporation $XOM

Belpointe Asset Management LLC lifted its holdings in ExxonMobil Corporation (NYSE:XOMFree Report) by 9.1% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 59,675 shares of the oil and gas company’s stock after purchasing an additional 4,967 shares during the period. Belpointe Asset Management LLC’s holdings in ExxonMobil were worth $7,182,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also modified their holdings of the business. Proffitt & Goodson Inc. lifted its stake in shares of ExxonMobil by 1.0% in the 4th quarter. Proffitt & Goodson Inc. now owns 9,034 shares of the oil and gas company’s stock valued at $1,087,000 after purchasing an additional 92 shares during the last quarter. Fortis Capital Advisors LLC lifted its stake in shares of ExxonMobil by 2.0% in the 4th quarter. Fortis Capital Advisors LLC now owns 14,906 shares of the oil and gas company’s stock valued at $1,794,000 after purchasing an additional 294 shares during the last quarter. Krilogy Financial LLC lifted its stake in shares of ExxonMobil by 1.8% in the 4th quarter. Krilogy Financial LLC now owns 35,800 shares of the oil and gas company’s stock valued at $4,308,000 after purchasing an additional 640 shares during the last quarter. Earned Wealth Advisors LLC lifted its stake in shares of ExxonMobil by 87.1% in the 4th quarter. Earned Wealth Advisors LLC now owns 15,746 shares of the oil and gas company’s stock valued at $1,895,000 after purchasing an additional 7,332 shares during the last quarter. Finally, VCI Wealth Management LLC lifted its stake in shares of ExxonMobil by 52.5% in the 4th quarter. VCI Wealth Management LLC now owns 28,036 shares of the oil and gas company’s stock valued at $3,374,000 after purchasing an additional 9,656 shares during the last quarter. Institutional investors and hedge funds own 61.80% of the company’s stock.

ExxonMobil Stock Performance

NYSE XOM opened at $149.46 on Thursday. The stock has a market cap of $621.24 billion, a P/E ratio of 22.34, a PEG ratio of 0.75 and a beta of 0.29. ExxonMobil Corporation has a twelve month low of $101.18 and a twelve month high of $176.41. The company has a quick ratio of 0.79, a current ratio of 1.15 and a debt-to-equity ratio of 0.13. The company’s 50-day simple moving average is $154.73 and its 200 day simple moving average is $133.49.

ExxonMobil (NYSE:XOMGet Free Report) last released its quarterly earnings results on Friday, January 30th. The oil and gas company reported $1.71 EPS for the quarter, beating analysts’ consensus estimates of $1.63 by $0.08. The firm had revenue of $80.04 billion for the quarter, compared to analyst estimates of $77.98 billion. ExxonMobil had a net margin of 8.68% and a return on equity of 11.21%. The company’s revenue for the quarter was down 1.3% compared to the same quarter last year. During the same period in the previous year, the business earned $1.67 earnings per share. As a group, research analysts forecast that ExxonMobil Corporation will post 9.94 earnings per share for the current fiscal year.

ExxonMobil Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, March 10th. Stockholders of record on Thursday, February 12th were given a dividend of $1.03 per share. This represents a $4.12 dividend on an annualized basis and a dividend yield of 2.8%. The ex-dividend date was Thursday, February 12th. ExxonMobil’s dividend payout ratio is presently 61.58%.

Wall Street Analysts Forecast Growth

Several research analysts recently commented on XOM shares. Royal Bank Of Canada lifted their target price on shares of ExxonMobil from $160.00 to $180.00 and gave the stock a “sector perform” rating in a report on Thursday, April 9th. BNP Paribas Exane set a $165.00 target price on shares of ExxonMobil and gave the stock a “neutral” rating in a report on Friday, April 17th. Bank of America lifted their target price on shares of ExxonMobil from $135.00 to $151.00 and gave the stock a “neutral” rating in a report on Monday, March 2nd. Jefferies Financial Group lifted their target price on shares of ExxonMobil from $178.00 to $184.00 and gave the stock a “buy” rating in a report on Thursday, April 9th. Finally, Sanford C. Bernstein dropped their target price on shares of ExxonMobil from $142.00 to $137.00 and set an “outperform” rating on the stock in a report on Monday, January 5th. Ten investment analysts have rated the stock with a Buy rating and eleven have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, ExxonMobil presently has a consensus rating of “Hold” and an average target price of $161.55.

Read Our Latest Report on ExxonMobil

More ExxonMobil News

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Insider Activity

In other news, VP Darrin L. Talley sold 5,000 shares of the company’s stock in a transaction that occurred on Monday, February 2nd. The shares were sold at an average price of $139.75, for a total transaction of $698,750.00. Following the transaction, the vice president directly owned 23,584 shares in the company, valued at approximately $3,295,864. This represents a 17.49% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders have sold 11,460 shares of company stock worth $1,687,854 in the last quarter. 0.03% of the stock is currently owned by corporate insiders.

ExxonMobil Profile

(Free Report)

ExxonMobil Corporation (NYSE: XOM) is an integrated oil and gas company engaged in the exploration, production, refining, distribution and marketing of petroleum products and the manufacture and sale of petrochemicals. Its operations span the full energy value chain, including upstream exploration and development of crude oil and natural gas; midstream transportation and storage; and downstream refining, product distribution and retail. The company also produces a broad range of chemical products for industrial and consumer applications.

ExxonMobil markets fuels and lubricants under well-known brands such as Exxon, Mobil and Esso, and its Mobil 1 motor oil is a prominent consumer product.

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Institutional Ownership by Quarter for ExxonMobil (NYSE:XOM)

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