Exxon Mobil Co. (NYSE:XOM) Position Boosted by Etesian Wealth Advisors Inc.

Etesian Wealth Advisors Inc. raised its holdings in shares of Exxon Mobil Co. (NYSE:XOM) by 5.1% during the 4th quarter, Holdings Channel reports. The fund owned 6,075 shares of the oil and gas company’s stock after purchasing an additional 295 shares during the period. Etesian Wealth Advisors Inc.’s holdings in Exxon Mobil were worth $653,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors also recently added to or reduced their stakes in XOM. Retirement Wealth Solutions LLC acquired a new stake in Exxon Mobil in the fourth quarter worth about $46,000. Peterson Financial Group Inc. bought a new stake in shares of Exxon Mobil during the 3rd quarter worth about $51,000. Highline Wealth Partners LLC acquired a new stake in shares of Exxon Mobil in the 3rd quarter worth approximately $54,000. Harbor Capital Advisors Inc. acquired a new position in shares of Exxon Mobil during the third quarter valued at approximately $63,000. Finally, Annapolis Financial Services LLC raised its holdings in Exxon Mobil by 284.9% during the third quarter. Annapolis Financial Services LLC now owns 766 shares of the oil and gas company’s stock worth $90,000 after purchasing an additional 567 shares in the last quarter. Institutional investors and hedge funds own 61.80% of the company’s stock.

Analysts Set New Price Targets

A number of brokerages have issued reports on XOM. TD Cowen decreased their price target on Exxon Mobil from $132.00 to $128.00 and set a “buy” rating for the company in a research note on Monday, December 16th. Truist Financial raised their target price on Exxon Mobil from $117.00 to $119.00 and gave the company a “hold” rating in a research note on Monday, January 13th. The Goldman Sachs Group dropped their price target on shares of Exxon Mobil from $125.00 to $123.00 and set a “neutral” rating on the stock in a research report on Friday, January 31st. HSBC reduced their price objective on shares of Exxon Mobil from $125.00 to $123.00 and set a “hold” rating for the company in a research report on Friday, January 31st. Finally, Argus upgraded shares of Exxon Mobil to a “strong-buy” rating in a report on Tuesday, February 4th. One analyst has rated the stock with a sell rating, eight have given a hold rating, eleven have issued a buy rating and two have assigned a strong buy rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $129.25.

Insider Buying and Selling

In other Exxon Mobil news, VP Darrin L. Talley sold 2,100 shares of the company’s stock in a transaction dated Tuesday, February 4th. The stock was sold at an average price of $110.00, for a total value of $231,000.00. Following the transaction, the vice president now directly owns 18,087 shares of the company’s stock, valued at $1,989,570. This represents a 10.40 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. 0.03% of the stock is owned by corporate insiders.

Exxon Mobil Stock Up 0.4 %

Shares of Exxon Mobil stock opened at $108.87 on Monday. Exxon Mobil Co. has a 1 year low of $100.42 and a 1 year high of $126.34. The company has a market cap of $478.49 billion, a P/E ratio of 13.89, a P/E/G ratio of 2.94 and a beta of 0.89. The company has a current ratio of 1.31, a quick ratio of 0.97 and a debt-to-equity ratio of 0.14. The stock has a 50-day moving average price of $109.41 and a 200 day moving average price of $114.97.

Exxon Mobil (NYSE:XOM) last posted its quarterly earnings results on Friday, January 31st. The oil and gas company reported $1.67 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.77 by ($0.10). Exxon Mobil had a return on equity of 12.92% and a net margin of 9.63%. During the same quarter in the previous year, the business earned $2.48 earnings per share. As a group, analysts expect that Exxon Mobil Co. will post 7.37 EPS for the current fiscal year.

Exxon Mobil Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, March 10th. Stockholders of record on Wednesday, February 12th will be paid a $0.99 dividend. This represents a $3.96 dividend on an annualized basis and a dividend yield of 3.64%. The ex-dividend date of this dividend is Wednesday, February 12th. Exxon Mobil’s dividend payout ratio (DPR) is presently 50.51%.

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.