Lifeworks Advisors LLC Grows Position in Exxon Mobil Co. (NYSE:XOM)

Lifeworks Advisors LLC lifted its position in shares of Exxon Mobil Co. (NYSE:XOM) by 7.6% in the fourth quarter, Holdings Channel reports. The firm owned 9,417 shares of the oil and gas company’s stock after purchasing an additional 668 shares during the period. Lifeworks Advisors LLC’s holdings in Exxon Mobil were worth $1,013,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of XOM. Vertex Planning Partners LLC grew its holdings in Exxon Mobil by 3.1% during the third quarter. Vertex Planning Partners LLC now owns 2,778 shares of the oil and gas company’s stock valued at $326,000 after purchasing an additional 83 shares during the last quarter. First Heartland Consultants Inc. lifted its stake in shares of Exxon Mobil by 0.9% in the third quarter. First Heartland Consultants Inc. now owns 9,451 shares of the oil and gas company’s stock worth $1,108,000 after buying an additional 87 shares during the last quarter. Longfellow Investment Management Co. LLC boosted its holdings in shares of Exxon Mobil by 0.6% during the 3rd quarter. Longfellow Investment Management Co. LLC now owns 14,537 shares of the oil and gas company’s stock worth $1,704,000 after buying an additional 88 shares during the period. West Oak Capital LLC grew its stake in Exxon Mobil by 0.6% in the 4th quarter. West Oak Capital LLC now owns 16,207 shares of the oil and gas company’s stock valued at $1,743,000 after buying an additional 92 shares during the last quarter. Finally, Beacon Capital Management LLC raised its holdings in Exxon Mobil by 1.1% in the 4th quarter. Beacon Capital Management LLC now owns 8,582 shares of the oil and gas company’s stock worth $923,000 after acquiring an additional 93 shares during the period. Institutional investors and hedge funds own 61.80% of the company’s stock.

Insider Transactions at Exxon Mobil

In other Exxon Mobil news, VP Darrin L. Talley sold 2,100 shares of the business’s stock in a transaction dated Tuesday, February 4th. The shares were 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 in the company, valued at $1,989,570. The trade was a 10.40 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.03% of the stock is owned by insiders.

Exxon Mobil Stock Up 1.3 %

Shares of XOM opened at $109.05 on Friday. 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 company has a 50-day moving average price of $109.05 and a two-hundred day moving average price of $113.87. The stock has a market cap of $473.20 billion, a price-to-earnings ratio of 13.91, a P/E/G ratio of 3.02 and a beta of 0.89. Exxon Mobil Co. has a 12 month low of $103.67 and a 12 month high of $126.34.

Exxon Mobil (NYSE:XOM) last posted its earnings results on Friday, January 31st. The oil and gas company reported $1.67 EPS for the quarter, missing the consensus estimate 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 period in the prior year, the company posted $2.48 EPS. Equities analysts predict that Exxon Mobil Co. will post 7.43 EPS for the current fiscal year.

Exxon Mobil Announces Dividend

The company also recently announced 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. The ex-dividend date of this dividend is Wednesday, February 12th. This represents a $3.96 annualized dividend and a dividend yield of 3.63%. Exxon Mobil’s dividend payout ratio is presently 50.51%.

Analyst Upgrades and Downgrades

A number of equities research analysts have issued reports on the stock. Scotiabank decreased their price target on shares of Exxon Mobil from $145.00 to $140.00 in a report on Friday, January 31st. Morgan Stanley increased their target price on Exxon Mobil from $139.00 to $140.00 in a research note on Friday, January 31st. Mizuho dropped their price target on Exxon Mobil from $137.00 to $134.00 and set a “neutral” rating on the stock in a research report on Monday, December 16th. Argus upgraded Exxon Mobil to a “strong-buy” rating in a report on Tuesday, February 4th. Finally, Truist Financial raised their price objective on shares of Exxon Mobil from $117.00 to $119.00 and gave the stock a “hold” rating in a research note on Monday, January 13th. One investment analyst has rated the stock with a sell rating, eight have issued a hold rating, eleven have given a buy rating and two have assigned a strong buy rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $129.25.

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.