Exxon Mobil Co. (NYSE:XOM) Stake Raised by Campbell Wealth Management

Campbell Wealth Management increased its holdings in Exxon Mobil Co. (NYSE:XOM) by 7.6% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 44,587 shares of the oil and gas company’s stock after acquiring an additional 3,146 shares during the period. Exxon Mobil comprises about 0.4% of Campbell Wealth Management’s holdings, making the stock its 16th largest holding. Campbell Wealth Management’s holdings in Exxon Mobil were worth $4,796,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of the business. Embree Financial Group raised its stake in shares of Exxon Mobil by 1.3% in the 3rd quarter. Embree Financial Group now owns 30,282 shares of the oil and gas company’s stock valued at $3,550,000 after acquiring an additional 375 shares in the last quarter. Alta Wealth Advisors LLC grew its holdings in Exxon Mobil by 69.9% in the 3rd quarter. Alta Wealth Advisors LLC now owns 5,619 shares of the oil and gas company’s stock valued at $659,000 after buying an additional 2,311 shares during the last quarter. Revolve Wealth Partners LLC grew its holdings in Exxon Mobil by 4.9% in the 3rd quarter. Revolve Wealth Partners LLC now owns 8,975 shares of the oil and gas company’s stock valued at $1,052,000 after buying an additional 422 shares during the last quarter. Resonant Capital Advisors LLC grew its holdings in Exxon Mobil by 2.0% in the 3rd quarter. Resonant Capital Advisors LLC now owns 49,165 shares of the oil and gas company’s stock valued at $5,763,000 after buying an additional 973 shares during the last quarter. Finally, New Century Financial Group LLC grew its holdings in Exxon Mobil by 5.9% in the 3rd quarter. New Century Financial Group LLC now owns 6,720 shares of the oil and gas company’s stock valued at $788,000 after buying an additional 373 shares during the last quarter. 61.80% of the stock is owned by hedge funds and other institutional investors.

Exxon Mobil Stock Up 0.0 %

Shares of Exxon Mobil stock opened at $108.17 on Tuesday. The company has a quick ratio of 0.97, a current ratio of 1.31 and a debt-to-equity ratio of 0.14. Exxon Mobil Co. has a 12 month low of $100.60 and a 12 month high of $126.34. The business has a fifty day simple moving average of $108.78 and a 200 day simple moving average of $114.67. The stock has a market cap of $475.42 billion, a PE ratio of 13.80, a price-to-earnings-growth ratio of 2.94 and a beta of 0.89.

Exxon Mobil (NYSE:XOM) last announced its quarterly earnings data 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 earned $2.48 EPS. Research analysts predict that Exxon Mobil Co. will post 7.37 EPS for the current year.

Exxon Mobil Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, March 10th. Shareholders of record on Wednesday, February 12th will be paid a $0.99 dividend. The ex-dividend date is Wednesday, February 12th. This represents a $3.96 dividend on an annualized basis and a yield of 3.66%. Exxon Mobil’s payout ratio is 50.51%.

Analyst Ratings Changes

XOM has been the topic of several recent research reports. The Goldman Sachs Group decreased their price objective on Exxon Mobil from $125.00 to $123.00 and set a “neutral” rating on the stock in a report on Friday, January 31st. HSBC decreased their price objective on Exxon Mobil from $125.00 to $123.00 and set a “hold” rating on the stock in a report on Friday, January 31st. Scotiabank decreased their price objective on Exxon Mobil from $145.00 to $140.00 in a report on Friday, January 31st. Truist Financial lifted their price objective on Exxon Mobil from $117.00 to $119.00 and gave the stock a “hold” rating in a report on Monday, January 13th. Finally, Argus raised Exxon Mobil to a “strong-buy” rating in a report on Tuesday, February 4th. One analyst has rated the stock with a sell rating, eight have given a hold rating, eleven have given a buy rating and two have given a strong buy rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $129.25.

Insider Buying and Selling 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 stock was sold at an average price of $110.00, for a total transaction of $231,000.00. Following the completion of the transaction, the vice president now directly owns 18,087 shares of the company’s stock, valued at $1,989,570. This represents a 10.40 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Insiders own 0.03% of the company’s stock.

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.