TFR Capital LLC. Makes New $830,000 Investment in Exxon Mobil Co. (NYSE:XOM)

TFR Capital LLC. purchased a new position in shares of Exxon Mobil Co. (NYSE:XOM - Free Report) in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund purchased 7,712 shares of the oil and gas company's stock, valued at approximately $830,000.

Other institutional investors have also modified their holdings of the company. Tallon Kerry Patrick acquired a new stake in Exxon Mobil during the 4th quarter worth approximately $789,000. Lifestyle Asset Management Inc. grew its stake in Exxon Mobil by 0.3% during the fourth quarter. Lifestyle Asset Management Inc. now owns 60,814 shares of the oil and gas company's stock worth $6,542,000 after buying an additional 208 shares during the period. Cornerstone Wealth Management LLC increased its position in shares of Exxon Mobil by 1.5% in the fourth quarter. Cornerstone Wealth Management LLC now owns 74,988 shares of the oil and gas company's stock worth $8,067,000 after acquiring an additional 1,134 shares in the last quarter. McGlone Suttner Wealth Management Inc. raised its stake in shares of Exxon Mobil by 12.0% in the 4th quarter. McGlone Suttner Wealth Management Inc. now owns 13,153 shares of the oil and gas company's stock valued at $1,415,000 after acquiring an additional 1,407 shares during the period. Finally, MFA Wealth Services acquired a new position in shares of Exxon Mobil during the 4th quarter valued at $569,000. Institutional investors and hedge funds own 61.80% of the company's stock.

Analyst Ratings Changes

Several analysts have issued reports on the stock. Barclays reaffirmed a "hold" rating on shares of Exxon Mobil in a research report on Thursday, May 22nd. Morgan Stanley cut their price objective on shares of Exxon Mobil from $141.00 to $138.00 and set an "overweight" rating on the stock in a report on Thursday, March 27th. Piper Sandler lowered Exxon Mobil from a "strong-buy" rating to a "hold" rating in a research report on Wednesday. Scotiabank decreased their price target on shares of Exxon Mobil from $140.00 to $115.00 and set a "sector outperform" rating for the company in a research report on Friday, April 11th. Finally, Royal Bank of Canada reaffirmed a "sector perform" rating on shares of Exxon Mobil in a report on Thursday, May 22nd. One 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 issued a strong buy rating to the company. According to MarketBeat.com, Exxon Mobil currently has an average rating of "Moderate Buy" and an average target price of $125.50.

Exxon Mobil Stock Performance

Shares of NYSE XOM traded down $1.02 during mid-day trading on Friday, hitting $101.67. The company had a trading volume of 6,876,842 shares, compared to its average volume of 16,384,160. Exxon Mobil Co. has a 12 month low of $97.80 and a 12 month high of $126.34. The firm has a market cap of $438.18 billion, a P/E ratio of 12.97, a PEG ratio of 3.02 and a beta of 0.51. The business's 50-day simple moving average is $107.24 and its 200-day simple moving average is $109.90. The company has a debt-to-equity ratio of 0.14, a current ratio of 1.31 and a quick ratio of 0.97.

Exxon Mobil (NYSE:XOM - Get Free Report) last announced its quarterly earnings data on Friday, May 2nd. The oil and gas company reported $1.76 EPS for the quarter, topping analysts' consensus estimates of $1.73 by $0.03. The company 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%. The company's quarterly revenue was up .1% on a year-over-year basis. During the same quarter last year, the company earned $2.06 EPS. As a group, analysts predict that Exxon Mobil Co. will post 7.43 earnings per share for the current fiscal year.

Exxon Mobil Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, June 10th. Shareholders of record on Thursday, May 15th will be given a $0.99 dividend. This represents a $3.96 dividend on an annualized basis and a yield of 3.89%. The ex-dividend date of this dividend is Thursday, May 15th. Exxon Mobil's dividend payout ratio (DPR) is 52.52%.

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.