Capital Advisors Ltd. LLC raised its holdings in shares of Exxon Mobil Co. (NYSE:XOM – Free Report) by 2.1% in the 4th quarter, Holdings Channel reports. The firm owned 6,387 shares of the oil and gas company’s stock after purchasing an additional 131 shares during the quarter. Capital Advisors Ltd. LLC’s holdings in Exxon Mobil were worth $687,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
A number of other institutional investors and hedge funds also recently modified their holdings of the business. Keystone Financial Group Inc. acquired a new stake in Exxon Mobil during the fourth quarter worth about $36,000. Retirement Wealth Solutions LLC bought a new position in shares of Exxon Mobil during the fourth quarter valued at approximately $46,000. Compass Planning Associates Inc acquired a new stake in shares of Exxon Mobil during the 4th quarter worth approximately $47,000. Compass Financial Services Inc bought a new stake in shares of Exxon Mobil in the 4th quarter worth approximately $48,000. Finally, Peterson Financial Group Inc. acquired a new position in Exxon Mobil during the 3rd quarter valued at approximately $51,000. 61.80% of the stock is owned by institutional investors and hedge funds.
Exxon Mobil Price Performance
NYSE:XOM opened at $109.43 on Thursday. The company has a quick ratio of 0.97, a current ratio of 1.31 and a debt-to-equity ratio of 0.14. The business’s 50-day moving average price is $108.75 and its 200 day moving average price is $114.34. Exxon Mobil Co. has a 52-week low of $103.85 and a 52-week high of $126.34. The firm has a market cap of $474.84 billion, a P/E ratio of 13.96, a PEG ratio of 3.02 and a beta of 0.89.
Exxon Mobil Dividend Announcement
The business also recently declared a quarterly dividend, which will be paid on Monday, March 10th. Shareholders of record on Wednesday, February 12th will be issued a $0.99 dividend. The ex-dividend date is Wednesday, February 12th. This represents a $3.96 annualized dividend and a dividend yield of 3.62%. Exxon Mobil’s dividend payout ratio is currently 50.51%.
Insider Activity
In other news, VP Darrin L. Talley sold 2,100 shares of the business’s stock in a transaction on Tuesday, February 4th. The stock was sold at an average price of $110.00, for a total transaction of $231,000.00. Following the sale, the vice president now directly owns 18,087 shares of the company’s stock, valued at $1,989,570. The trade was a 10.40 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Insiders own 0.03% of the company’s stock.
Wall Street Analyst Weigh In
A number of equities research analysts have issued reports on XOM shares. The Goldman Sachs Group cut their target price on Exxon Mobil from $125.00 to $123.00 and set a “neutral” rating on the stock in a research note on Friday, January 31st. UBS Group cut their price objective on shares of Exxon Mobil from $149.00 to $147.00 and set a “buy” rating on the stock in a research report on Thursday, December 12th. BMO Capital Markets decreased their target price on shares of Exxon Mobil from $130.00 to $123.00 and set a “market perform” rating for the company in a research report on Friday, January 31st. JPMorgan Chase & Co. dropped their price target on shares of Exxon Mobil from $130.00 to $125.00 and set an “overweight” rating on the stock in a research note on Monday, December 16th. Finally, HSBC reduced their price objective on Exxon Mobil from $125.00 to $123.00 and set a “hold” rating for the company in a research report on Friday, January 31st. One investment analyst has rated the stock with a sell rating, eight have given a hold rating, eleven have assigned a buy rating and two have assigned a strong buy rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $129.25.
Get Our Latest Stock Analysis on Exxon Mobil
Exxon Mobil Company 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.
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