Stokes Family Office LLC Has $4.54 Million Stake in Exxon Mobil Co. (NYSE:XOM)

Stokes Family Office LLC cut its stake in Exxon Mobil Co. (NYSE:XOM) by 20.4% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 45,393 shares of the oil and gas company’s stock after selling 11,664 shares during the period. Stokes Family Office LLC’s holdings in Exxon Mobil were worth $4,538,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also recently added to or reduced their stakes in XOM. Trust Co. of Toledo NA OH boosted its position in Exxon Mobil by 12.5% during the third quarter. Trust Co. of Toledo NA OH now owns 60,647 shares of the oil and gas company’s stock valued at $7,131,000 after purchasing an additional 6,727 shares during the last quarter. Evanson Asset Management LLC raised its stake in shares of Exxon Mobil by 5.7% during the 3rd quarter. Evanson Asset Management LLC now owns 25,776 shares of the oil and gas company’s stock worth $3,031,000 after purchasing an additional 1,382 shares in the last quarter. Charles Schwab Trust Co boosted its holdings in shares of Exxon Mobil by 147.5% in the 3rd quarter. Charles Schwab Trust Co now owns 26,682 shares of the oil and gas company’s stock valued at $3,137,000 after buying an additional 15,903 shares during the last quarter. Lineweaver Wealth Advisors LLC grew its stake in shares of Exxon Mobil by 86.2% in the third quarter. Lineweaver Wealth Advisors LLC now owns 14,606 shares of the oil and gas company’s stock valued at $1,718,000 after buying an additional 6,761 shares in the last quarter. Finally, KG&L Capital Management LLC increased its holdings in Exxon Mobil by 4.1% during the third quarter. KG&L Capital Management LLC now owns 81,775 shares of the oil and gas company’s stock worth $9,608,000 after buying an additional 3,191 shares during the last quarter. Institutional investors own 61.80% of the company’s stock.

Exxon Mobil Price Performance

XOM stock traded down $0.21 during midday trading on Friday, reaching $116.03. The company had a trading volume of 28,021,338 shares, compared to its average volume of 18,548,303. The company has a market capitalization of $457.51 billion, a price-to-earnings ratio of 14.22, a price-to-earnings-growth ratio of 4.03 and a beta of 0.96. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.38 and a quick ratio of 1.06. Exxon Mobil Co. has a 1-year low of $95.77 and a 1-year high of $123.75. The stock has a 50 day moving average price of $114.41 and a 200-day moving average price of $106.92.

Exxon Mobil (NYSE:XOM) last issued its quarterly earnings results on Friday, April 26th. The oil and gas company reported $2.06 earnings per share for the quarter, missing analysts’ consensus estimates of $2.19 by ($0.13). The firm had revenue of $83.08 billion for the quarter, compared to the consensus estimate of $79.69 billion. Exxon Mobil had a return on equity of 16.75% and a net margin of 9.62%. The business’s revenue was down 4.0% on a year-over-year basis. During the same period last year, the company posted $2.83 EPS. Equities research analysts expect that Exxon Mobil Co. will post 9.6 earnings per share for the current year.

Exxon Mobil Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, June 10th. Stockholders of record on Wednesday, May 15th will be issued a dividend of $0.95 per share. The ex-dividend date is Tuesday, May 14th. This represents a $3.80 dividend on an annualized basis and a dividend yield of 3.28%. Exxon Mobil’s dividend payout ratio (DPR) is currently 46.57%.

Insider Buying and Selling

In other news, VP Darrin L. Talley sold 2,400 shares of the stock in a transaction dated Thursday, February 22nd. The shares were sold at an average price of $105.00, for a total value of $252,000.00. Following the completion of the transaction, the vice president now owns 30,189 shares of the company’s stock, valued at $3,169,845. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. In other Exxon Mobil news, VP Darrin L. Talley sold 2,426 shares of the company’s stock in a transaction dated Monday, April 29th. The stock was sold at an average price of $119.01, for a total value of $288,718.26. Following the completion of the transaction, the vice president now owns 25,363 shares of the company’s stock, valued at approximately $3,018,450.63. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, VP Darrin L. Talley sold 2,400 shares of Exxon Mobil stock in a transaction dated Thursday, February 22nd. The shares were sold at an average price of $105.00, for a total value of $252,000.00. Following the sale, the vice president now directly owns 30,189 shares in the company, valued at $3,169,845. The disclosure for this sale can be found here. 0.03% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

A number of research analysts have recently commented on XOM shares. Wells Fargo & Company lifted their price objective on shares of Exxon Mobil from $138.00 to $142.00 and gave the company an “overweight” rating in a research report on Tuesday. HSBC boosted their price target on Exxon Mobil from $111.00 to $120.00 and gave the stock a “hold” rating in a research report on Tuesday. Scotiabank raised their price objective on Exxon Mobil from $114.00 to $129.00 and gave the company a “sector perform” rating in a research report on Thursday, April 11th. Royal Bank of Canada reissued a “sector perform” rating and set a $120.00 target price on shares of Exxon Mobil in a report on Monday, February 5th. Finally, Barclays started coverage on Exxon Mobil in a report on Wednesday, April 10th. They set an “overweight” rating and a $147.00 price target for the company. Eight investment analysts have rated the stock with a hold rating and eleven have given a buy rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $134.06.

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.