Exxon Mobil Co. (NYSE:XOM) Shares Bought by DeDora Capital Inc.

DeDora Capital Inc. grew its stake in shares of Exxon Mobil Co. (NYSE:XOM) by 9.6% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 2,584 shares of the oil and gas company’s stock after purchasing an additional 226 shares during the quarter. DeDora Capital Inc.’s holdings in Exxon Mobil were worth $300,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Partnership Wealth Management LLC purchased a new position in shares of Exxon Mobil during the fourth quarter worth approximately $46,000. Vima LLC purchased a new position in shares of Exxon Mobil during the fourth quarter worth approximately $50,000. Orion Capital Management LLC purchased a new position in shares of Exxon Mobil during the third quarter worth approximately $91,000. Keener Financial Planning LLC purchased a new position in shares of Exxon Mobil during the fourth quarter worth approximately $80,000. Finally, Neo Ivy Capital Management purchased a new position in Exxon Mobil in the 4th quarter valued at $80,000. Institutional investors and hedge funds own 61.80% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts recently weighed in on XOM shares. Piper Sandler lifted their price objective on shares of Exxon Mobil from $130.00 to $145.00 and gave the company an “overweight” rating in a research report on Thursday, April 18th. Scotiabank lifted their price objective on shares of Exxon Mobil from $114.00 to $129.00 and gave the company a “sector perform” rating in a research report on Thursday, April 11th. HSBC lifted their price objective on shares of Exxon Mobil from $111.00 to $120.00 and gave the company a “hold” rating in a research report on Tuesday, April 30th. Truist Financial reiterated a “hold” rating and issued a $124.00 price objective (down from $146.00) on shares of Exxon Mobil in a research report on Friday, June 7th. Finally, Mizuho lifted their price objective on shares of Exxon Mobil from $125.00 to $128.00 and gave the company a “neutral” rating in a research report on Monday, May 13th. Nine analysts have rated the stock with a hold rating and ten have assigned a buy rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $133.82.

Insiders Place Their Bets

In other Exxon Mobil news, VP Darrin L. Talley sold 2,426 shares of the stock in a transaction 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 sale, the vice president now directly owns 25,363 shares of the company’s stock, valued at $3,018,450.63. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 0.03% of the stock is owned by corporate insiders.

Exxon Mobil Trading Up 0.2 %

NYSE XOM opened at $115.11 on Friday. Exxon Mobil Co. has a 12 month low of $95.77 and a 12 month high of $123.75. The company has a 50-day moving average of $115.25 and a 200-day moving average of $109.57. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.38 and a quick ratio of 1.06. The company has a market cap of $453.88 billion, a P/E ratio of 14.11, a P/E/G ratio of 4.13 and a beta of 0.92.

Exxon Mobil (NYSE:XOM) last issued its earnings results on Friday, April 26th. The oil and gas company reported $2.06 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.19 by ($0.13). Exxon Mobil had a return on equity of 16.75% and a net margin of 9.62%. The firm had revenue of $83.08 billion for the quarter, compared to analysts’ expectations of $79.69 billion. During the same quarter in the previous year, the firm posted $2.83 EPS. The firm’s revenue for the quarter was down 4.0% compared to the same quarter last year. As a group, equities analysts predict that Exxon Mobil Co. will post 9.28 earnings per share for the current year.

Exxon Mobil Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, June 10th. Shareholders of record on Wednesday, May 15th were given a $0.95 dividend. This represents a $3.80 annualized dividend and a yield of 3.30%. The ex-dividend date of this dividend was Tuesday, May 14th. Exxon Mobil’s dividend payout ratio is presently 46.57%.

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.