Harbor Investment Advisory LLC Buys 4,541 Shares of Exxon Mobil Co. (NYSE:XOM)

Harbor Investment Advisory LLC raised its holdings in Exxon Mobil Co. (NYSE:XOM) by 11.4% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 44,526 shares of the oil and gas company’s stock after buying an additional 4,541 shares during the quarter. Harbor Investment Advisory LLC’s holdings in Exxon Mobil were worth $5,176,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. Financial Synergies Wealth Advisors Inc. increased its holdings in Exxon Mobil by 106.8% in the 1st quarter. Financial Synergies Wealth Advisors Inc. now owns 45,979 shares of the oil and gas company’s stock valued at $5,345,000 after buying an additional 23,744 shares during the period. Global Assets Advisory LLC increased its holdings in Exxon Mobil by 16,399.4% in the 1st quarter. Global Assets Advisory LLC now owns 12,616,904 shares of the oil and gas company’s stock valued at $1,466,589,000 after buying an additional 12,540,435 shares during the period. Southland Equity Partners LLC increased its holdings in Exxon Mobil by 4.5% in the 1st quarter. Southland Equity Partners LLC now owns 5,639 shares of the oil and gas company’s stock valued at $656,000 after buying an additional 242 shares during the period. Lloyd Advisory Services LLC. increased its holdings in Exxon Mobil by 407.5% in the 1st quarter. Lloyd Advisory Services LLC. now owns 24,115 shares of the oil and gas company’s stock valued at $2,804,000 after buying an additional 19,363 shares during the period. Finally, CHICAGO TRUST Co NA increased its holdings in Exxon Mobil by 1.3% in the 1st quarter. CHICAGO TRUST Co NA now owns 55,221 shares of the oil and gas company’s stock valued at $6,419,000 after buying an additional 731 shares during the period. Institutional investors own 61.80% of the company’s stock.

Insider Activity

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

Wall Street Analyst Weigh In

Several equities research analysts have recently weighed in on XOM shares. Morgan Stanley reaffirmed an “overweight” rating and issued a $145.00 target price on shares of Exxon Mobil in a report on Wednesday, May 15th. Piper Sandler upped their price target on shares of Exxon Mobil from $130.00 to $145.00 and gave the stock an “overweight” rating in a research report on Thursday, April 18th. Truist Financial restated a “hold” rating and set a $124.00 target price (down from $146.00) on shares of Exxon Mobil in a research report on Friday, June 7th. UBS Group upped their price target on Exxon Mobil from $150.00 to $152.00 and gave the company a “buy” rating in a research note on Tuesday, May 7th. Finally, Mizuho upped their price target on Exxon Mobil from $125.00 to $128.00 and gave the company a “neutral” rating in a research note on Monday, May 13th. Nine investment analysts have rated the stock with a hold rating and ten have given a buy rating to the company’s stock. According to data from MarketBeat.com, Exxon Mobil presently has an average rating of “Moderate Buy” and an average target price of $133.71.

Exxon Mobil Trading Up 3.0 %

NYSE XOM opened at $114.05 on Tuesday. The company has a market cap of $449.70 billion, a PE ratio of 13.98, a PEG ratio of 3.95 and a beta of 0.92. The company has a current ratio of 1.38, a quick ratio of 1.06 and a debt-to-equity ratio of 0.15. Exxon Mobil Co. has a 12 month low of $95.77 and a 12 month high of $123.75. The stock has a 50 day moving average of $115.59 and a 200-day moving average of $109.28.

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

Exxon Mobil Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, June 10th. Stockholders of record on Wednesday, May 15th were issued a $0.95 dividend. This represents a $3.80 annualized dividend and a dividend yield of 3.33%. The ex-dividend date of this dividend was Tuesday, May 14th. Exxon Mobil’s payout ratio is presently 46.57%.

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.