Steigerwald Gordon & Koch Inc. Acquires 492 Shares of Exxon Mobil Co. (NYSE:XOM)

Steigerwald Gordon & Koch Inc. grew its position in shares of Exxon Mobil Co. (NYSE:XOM) by 6.5% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 8,079 shares of the oil and gas company’s stock after buying an additional 492 shares during the quarter. Steigerwald Gordon & Koch Inc.’s holdings in Exxon Mobil were worth $961,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently added to or reduced their stakes in XOM. 10Elms LLP acquired a new position in Exxon Mobil during the 4th quarter worth $25,000. Fairway Wealth LLC bought a new stake in shares of Exxon Mobil in the 4th quarter valued at $31,000. Capital A Wealth Management LLC bought a new stake in shares of Exxon Mobil in the 4th quarter valued at $32,000. Keystone Financial Group Inc. bought a new stake in shares of Exxon Mobil in the 4th quarter valued at $36,000. Finally, Compass Planning Associates Inc bought a new position in Exxon Mobil during the 4th quarter worth about $47,000. 61.80% of the stock is owned by institutional investors.

Exxon Mobil Stock Down 1.4%

Shares of NYSE:XOM opened at $102.33 on Thursday. The company has a fifty day moving average of $106.06 and a 200-day moving average of $109.42. The company has a market capitalization of $441.01 billion, a PE ratio of 13.05, a price-to-earnings-growth ratio of 3.02 and a beta of 0.51. The company has a debt-to-equity ratio of 0.14, a quick ratio of 0.97 and a current ratio of 1.31. Exxon Mobil Co. has a 52-week low of $97.80 and a 52-week high of $126.34.

Exxon Mobil (NYSE:XOM) last posted its quarterly earnings data on Friday, May 2nd. The oil and gas company reported $1.76 earnings per share for the quarter, beating analysts’ consensus estimates of $1.73 by $0.03. The business had revenue of $83.13 billion during the quarter, compared to the consensus estimate of $86.11 billion. Exxon Mobil had a return on equity of 12.92% and a net margin of 9.63%. Exxon Mobil’s quarterly revenue was up .1% on a year-over-year basis. During the same period in the prior year, the business posted $2.06 earnings per share. On average, equities analysts predict that Exxon Mobil Co. will post 7.43 EPS for the current fiscal year.

Exxon Mobil Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, June 10th. Shareholders of record on Thursday, May 15th will be issued a dividend of $0.99 per share. The ex-dividend date of this dividend is Thursday, May 15th. This represents a $3.96 dividend on an annualized basis and a yield of 3.87%. Exxon Mobil’s payout ratio is currently 52.52%.

Analyst Ratings Changes

A number of equities analysts have issued reports on XOM shares. Royal Bank of Canada reiterated a “sector perform” rating on shares of Exxon Mobil in a report on Thursday, May 22nd. UBS Group reduced their price target on Exxon Mobil from $135.00 to $131.00 and set a “buy” rating for the company in a report on Monday, April 14th. Morgan Stanley decreased their target price on Exxon Mobil from $141.00 to $138.00 and set an “overweight” rating on the stock in a research report on Thursday, March 27th. Piper Sandler cut Exxon Mobil from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, May 28th. Finally, Scotiabank cut their price target on Exxon Mobil from $140.00 to $115.00 and set a “sector outperform” rating for the company in a research note on Friday, April 11th. One equities research analyst has rated the stock with a sell rating, ten have assigned a hold rating, nine have given a buy rating and two have assigned a strong buy rating to the company’s stock. According to MarketBeat, Exxon Mobil presently has a consensus rating of “Moderate Buy” and a consensus target price of $125.50.

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.