Exxon Mobil Co. (NYSE:XOM) Stake Boosted by Warren Street Wealth Advisors LLC

Warren Street Wealth Advisors LLC lifted its stake in Exxon Mobil Co. (NYSE:XOM) by 5.0% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 3,309 shares of the oil and gas company’s stock after acquiring an additional 157 shares during the quarter. Warren Street Wealth Advisors LLC’s holdings in Exxon Mobil were worth $331,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently bought and sold shares of the company. Root Financial Partners LLC increased its stake in shares of Exxon Mobil by 10.7% during the 4th quarter. Root Financial Partners LLC now owns 2,054 shares of the oil and gas company’s stock worth $205,000 after purchasing an additional 199 shares during the last quarter. RNC Capital Management LLC boosted its holdings in Exxon Mobil by 5.5% in the fourth quarter. RNC Capital Management LLC now owns 87,926 shares of the oil and gas company’s stock worth $8,791,000 after purchasing an additional 4,585 shares in the last quarter. Dupree Financial Group LLC acquired a new position in Exxon Mobil during the fourth quarter worth $378,000. Intact Investment Management Inc. raised its holdings in Exxon Mobil by 225.7% during the fourth quarter. Intact Investment Management Inc. now owns 68,400 shares of the oil and gas company’s stock valued at $6,839,000 after buying an additional 47,400 shares in the last quarter. Finally, AJOVista LLC acquired a new stake in shares of Exxon Mobil in the fourth quarter worth about $312,000. Institutional investors and hedge funds own 61.80% of the company’s stock.

Insider Transactions at Exxon Mobil

In related news, VP Darrin L. Talley sold 2,426 shares of the company’s stock in a transaction dated Monday, April 29th. The shares were sold at an average price of $119.01, for a total value of $288,718.26. Following the sale, the vice president now owns 25,363 shares of the company’s stock, valued at $3,018,450.63. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. 0.03% of the stock is owned by insiders.

Analysts Set New Price Targets

A number of research analysts have recently commented on XOM shares. TD Cowen increased their price objective on Exxon Mobil from $128.00 to $135.00 and gave the company a “buy” rating in a report on Tuesday, April 30th. Wells Fargo & Company increased their price target on Exxon Mobil from $138.00 to $142.00 and gave the company an “overweight” rating in a report on Tuesday, April 30th. Mizuho boosted their price objective on shares of Exxon Mobil from $125.00 to $128.00 and gave the stock a “neutral” rating in a research note on Monday, May 13th. UBS Group raised their target price on shares of Exxon Mobil from $150.00 to $152.00 and gave the company a “buy” rating in a research note on Tuesday, May 7th. Finally, Truist Financial reiterated a “hold” rating and issued a $124.00 target price (down previously from $146.00) on shares of Exxon Mobil in a report on Friday, June 7th. Nine investment analysts have rated the stock with a hold rating and ten have issued a buy rating to the company. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $133.71.

Exxon Mobil Trading Up 1.0 %

Shares of XOM opened at $109.41 on Wednesday. The stock’s 50-day moving average price is $116.35 and its 200 day moving average price is $108.96. The company has a quick ratio of 1.06, a current ratio of 1.38 and a debt-to-equity ratio of 0.15. The firm has a market capitalization of $431.40 billion, a price-to-earnings ratio of 13.41, a P/E/G ratio of 3.89 and a beta of 0.92. Exxon Mobil Co. has a 12-month low of $95.77 and a 12-month high of $123.75.

Exxon Mobil (NYSE:XOM) last announced its quarterly earnings data on Friday, April 26th. The oil and gas company reported $2.06 earnings per share for the quarter, missing the consensus estimate of $2.19 by ($0.13). The firm had revenue of $83.08 billion for the quarter, compared to analyst estimates of $79.69 billion. Exxon Mobil had a return on equity of 16.75% and a net margin of 9.62%. Exxon Mobil’s revenue for the quarter was down 4.0% compared to the same quarter last year. During the same period in the previous year, the business posted $2.83 EPS. As a group, research analysts predict that Exxon Mobil Co. will post 9.36 earnings per share for the current year.

Exxon Mobil Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, June 10th. Stockholders of record on Wednesday, May 15th were paid a $0.95 dividend. This represents a $3.80 dividend on an annualized basis and a dividend yield of 3.47%. The ex-dividend date was Tuesday, May 14th. Exxon Mobil’s dividend payout ratio is 46.57%.

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.