Tradewinds Capital Management LLC Acquires 1,497 Shares of Exxon Mobil Co. (NYSE:XOM)

Tradewinds Capital Management LLC increased its holdings in Exxon Mobil Co. (NYSE:XOM) by 204.0% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 2,231 shares of the oil and gas company’s stock after purchasing an additional 1,497 shares during the quarter. Tradewinds Capital Management LLC’s holdings in Exxon Mobil were worth $259,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently modified their holdings of the business. Sei Investments Co. boosted its position in Exxon Mobil by 6.4% during the 3rd quarter. Sei Investments Co. now owns 918,703 shares of the oil and gas company’s stock valued at $108,021,000 after acquiring an additional 55,285 shares in the last quarter. Cito Capital Group LLC boosted its position in shares of Exxon Mobil by 16.8% in the 3rd quarter. Cito Capital Group LLC now owns 17,402 shares of the oil and gas company’s stock worth $2,046,000 after purchasing an additional 2,500 shares in the last quarter. Objective Capital Management LLC boosted its position in shares of Exxon Mobil by 6.7% in the 3rd quarter. Objective Capital Management LLC now owns 5,395 shares of the oil and gas company’s stock worth $634,000 after purchasing an additional 341 shares in the last quarter. Annandale Capital LLC bought a new stake in shares of Exxon Mobil in the 3rd quarter worth approximately $462,000. Finally, Crestwood Advisors Group LLC boosted its position in shares of Exxon Mobil by 49.8% in the 3rd quarter. Crestwood Advisors Group LLC now owns 110,421 shares of the oil and gas company’s stock worth $12,983,000 after purchasing an additional 36,733 shares in the last quarter. 61.80% of the stock is owned by institutional investors.

Exxon Mobil Price Performance

Shares of XOM opened at $114.81 on Thursday. The firm has a market cap of $452.70 billion, a PE ratio of 14.07, a P/E/G ratio of 4.10 and a beta of 0.91. The company has a current ratio of 1.38, a quick ratio of 1.06 and a debt-to-equity ratio of 0.15. The firm has a fifty day simple moving average of $115.00 and a two-hundred day simple moving average of $109.91. Exxon Mobil Co. has a 1-year low of $95.77 and a 1-year high of $123.75.

Exxon Mobil (NYSE:XOM) last announced its earnings results on Friday, April 26th. The oil and gas company reported $2.06 earnings per share for the quarter, missing analysts’ consensus estimates of $2.19 by ($0.13). The company had revenue of $83.08 billion for the quarter, compared to analysts’ expectations of $79.69 billion. Exxon Mobil had a net margin of 9.62% and a return on equity of 16.75%. Exxon Mobil’s quarterly revenue was down 4.0% on a year-over-year basis. During the same quarter in the prior year, the firm posted $2.83 earnings per share. On average, equities analysts anticipate that Exxon Mobil Co. will post 9.28 EPS for the current 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 paid a $0.95 dividend. The ex-dividend date of this dividend was Tuesday, May 14th. This represents a $3.80 annualized dividend and a dividend yield of 3.31%. Exxon Mobil’s dividend payout ratio (DPR) is 46.57%.

Analyst Ratings Changes

A number of analysts have recently commented on XOM shares. TD Cowen boosted their price target on Exxon Mobil from $128.00 to $135.00 and gave the stock a “buy” rating in a research report on Tuesday, April 30th. Piper Sandler boosted their price target on Exxon Mobil from $130.00 to $145.00 and gave the stock an “overweight” rating in a research report on Thursday, April 18th. Wells Fargo & Company boosted their price target on Exxon Mobil from $138.00 to $142.00 and gave the stock an “overweight” rating in a research report on Tuesday, April 30th. Scotiabank boosted their price target on Exxon Mobil from $114.00 to $129.00 and gave the stock a “sector perform” rating in a research report on Thursday, April 11th. Finally, HSBC boosted their price objective on shares of Exxon Mobil from $111.00 to $120.00 and gave the stock a “hold” rating in a report on Tuesday, April 30th. Nine research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $133.82.

Insider Transactions at Exxon Mobil

In other news, VP Darrin L. Talley sold 2,426 shares of the company’s 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 completion of the sale, the vice president now directly owns 25,363 shares in the company, valued at approximately $3,018,450.63. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 0.03% of the stock is currently owned by company 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.