Roxbury Financial LLC Makes New $90,000 Investment in Exxon Mobil Co. (NYSE:XOM)

Roxbury Financial LLC acquired a new stake in Exxon Mobil Co. (NYSE:XOM) in the 4th quarter, according to the company in its most recent filing with the SEC. The fund acquired 759 shares of the oil and gas company’s stock, valued at approximately $90,000.

A number of other institutional investors also recently modified their holdings of the stock. Lodestone Wealth Management LLC boosted its position in shares of Exxon Mobil by 1.4% during the 4th quarter. Lodestone Wealth Management LLC now owns 8,261 shares of the oil and gas company’s stock worth $889,000 after purchasing an additional 117 shares in the last quarter. Members Trust Co lifted its holdings in shares of Exxon Mobil by 4.4% in the 4th quarter. Members Trust Co now owns 11,697 shares of the oil and gas company’s stock worth $1,258,000 after purchasing an additional 497 shares in the last quarter. Hickory Asset Management Inc. bought a new stake in Exxon Mobil during the 4th quarter valued at $278,000. Aveo Capital Partners LLC raised its holdings in Exxon Mobil by 7.5% during the fourth quarter. Aveo Capital Partners LLC now owns 28,520 shares of the oil and gas company’s stock worth $3,068,000 after buying an additional 1,991 shares during the last quarter. Finally, CapWealth Advisors LLC raised its holdings in Exxon Mobil by 0.8% during the fourth quarter. CapWealth Advisors LLC now owns 20,758 shares of the oil and gas company’s stock worth $2,233,000 after buying an additional 155 shares during the last quarter. Institutional investors and hedge funds own 61.80% of the company’s stock.

Analyst Ratings Changes

XOM has been the subject of several recent research reports. Piper Sandler decreased their target price on shares of Exxon Mobil from $138.00 to $127.00 and set an “overweight” rating for the company in a research report on Thursday, December 19th. Royal Bank of Canada reissued a “sector perform” rating and set a $115.00 price objective on shares of Exxon Mobil in a report on Monday, February 3rd. TD Cowen dropped their target price on Exxon Mobil from $132.00 to $128.00 and set a “buy” rating on the stock in a report on Monday, December 16th. HSBC decreased their price target on Exxon Mobil from $125.00 to $123.00 and set a “hold” rating for the company in a report on Friday, January 31st. Finally, Bernstein Bank lifted their price objective on shares of Exxon Mobil from $138.00 to $144.00 and gave the stock an “overweight” rating in a report on Friday, January 31st. One equities research analyst has rated the stock with a sell rating, eight have assigned a hold rating, eleven have assigned a buy rating and two have issued a strong buy rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $129.25.

Insider Activity at Exxon Mobil

In other Exxon Mobil news, VP Darrin L. Talley sold 2,100 shares of Exxon Mobil stock in a transaction dated Tuesday, February 4th. The stock was sold at an average price of $110.00, for a total transaction of $231,000.00. Following the completion of the transaction, the vice president now owns 18,087 shares of the company’s stock, valued at $1,989,570. The trade was a 10.40 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 0.03% of the stock is currently owned by corporate insiders.

Exxon Mobil Trading Up 1.7 %

Shares of Exxon Mobil stock opened at $110.05 on Wednesday. The stock has a market capitalization of $483.66 billion, a P/E ratio of 14.04, a P/E/G ratio of 2.94 and a beta of 0.89. Exxon Mobil Co. has a 52-week low of $102.64 and a 52-week high of $126.34. The company has a debt-to-equity ratio of 0.14, a quick ratio of 0.97 and a current ratio of 1.31. The stock’s 50-day simple moving average is $108.68 and its 200 day simple moving average is $114.61.

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 the consensus estimate of $1.77 by ($0.10). Exxon Mobil had a net margin of 9.63% and a return on equity of 12.92%. During the same quarter in the prior year, the business posted $2.48 earnings per share. As a group, research analysts anticipate that Exxon Mobil Co. will post 7.37 EPS for the current 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 given a $0.99 dividend. This represents a $3.96 annualized dividend and a dividend yield of 3.60%. 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.