Windle Wealth LLC Grows Holdings in Exxon Mobil Co. (NYSE:XOM)

Windle Wealth LLC increased its holdings in shares of Exxon Mobil Co. (NYSE:XOM) by 3.9% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 61,241 shares of the oil and gas company’s stock after acquiring an additional 2,315 shares during the period. Exxon Mobil makes up about 3.6% of Windle Wealth LLC’s portfolio, making the stock its 19th largest holding. Windle Wealth LLC’s holdings in Exxon Mobil were worth $6,588,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of XOM. Moors & Cabot Inc. raised its holdings in shares of Exxon Mobil by 0.7% during the fourth quarter. Moors & Cabot Inc. now owns 199,948 shares of the oil and gas company’s stock valued at $21,508,000 after acquiring an additional 1,344 shares during the last quarter. Prosperity Financial Group Inc. boosted its stake in Exxon Mobil by 15.5% during the 4th quarter. Prosperity Financial Group Inc. now owns 2,243 shares of the oil and gas company’s stock worth $241,000 after purchasing an additional 301 shares during the last quarter. Warburton Capital Management LLC purchased a new stake in shares of Exxon Mobil during the fourth quarter worth $394,000. Cascade Financial Partners LLC acquired a new stake in shares of Exxon Mobil in the fourth quarter valued at about $268,000. Finally, AGF Management Ltd. lifted its stake in shares of Exxon Mobil by 9.3% in the fourth quarter. AGF Management Ltd. now owns 329,882 shares of the oil and gas company’s stock worth $35,485,000 after buying an additional 27,944 shares in the last quarter. Institutional investors and hedge funds own 61.80% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts have recently weighed in on XOM shares. Royal Bank of Canada restated a “sector perform” rating and set a $115.00 target price on shares of Exxon Mobil in a report on Monday, February 3rd. BMO Capital Markets cut their target price on Exxon Mobil from $130.00 to $123.00 and set a “market perform” rating for the company in a research note on Friday, January 31st. Bernstein Bank boosted their price target on shares of Exxon Mobil from $138.00 to $144.00 and gave the company an “overweight” rating in a research report on Friday, January 31st. 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 report on Monday, January 13th. Finally, HSBC decreased their target price on shares of Exxon Mobil from $125.00 to $123.00 and set a “hold” rating on the stock in a report on Friday, January 31st. One investment 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, Exxon Mobil currently has an average rating of “Moderate Buy” and a consensus target price of $129.25.

Exxon Mobil Stock Down 2.4 %

XOM stock opened at $109.06 on Wednesday. The stock has a market cap of $473.24 billion, a P/E ratio of 13.91, a PEG ratio of 3.02 and a beta of 0.83. The company has a current ratio of 1.31, a quick ratio of 0.97 and a debt-to-equity ratio of 0.14. Exxon Mobil Co. has a twelve month low of $103.67 and a twelve month high of $126.34. The company’s 50 day moving average is $109.20 and its two-hundred day moving average is $113.80.

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 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 period last year, the firm posted $2.48 EPS. Research analysts expect that Exxon Mobil Co. will post 7.43 earnings per share for the current fiscal year.

Exxon Mobil Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, March 10th. Stockholders of record on Wednesday, February 12th were issued a $0.99 dividend. The ex-dividend date of this dividend was Wednesday, February 12th. This represents a $3.96 dividend on an annualized basis and a dividend yield of 3.63%. Exxon Mobil’s payout ratio is 50.51%.

Insider Activity at Exxon Mobil

In other news, VP Darrin L. Talley sold 2,100 shares of the company’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 completion of the sale, the vice president now directly owns 18,087 shares of the company’s stock, valued at approximately $1,989,570. This represents a 10.40 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 0.03% of the stock is owned by insiders.

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.