Pure Portfolios Holdings LLC increased its position in Exxon Mobil Co. (NYSE:XOM – Free Report) by 5.6% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 2,852 shares of the oil and gas company’s stock after acquiring an additional 152 shares during the quarter. Pure Portfolios Holdings LLC’s holdings in Exxon Mobil were worth $307,000 at the end of the most recent quarter.
Other institutional investors have also recently bought and sold shares of the company. Hoge Financial Services LLC grew its position in Exxon Mobil by 17.9% in the 4th quarter. Hoge Financial Services LLC now owns 5,084 shares of the oil and gas company’s stock worth $547,000 after purchasing an additional 773 shares during the last quarter. Sierra Ocean LLC acquired a new stake in Exxon Mobil in the 4th quarter worth $136,000. WBH Advisory Inc. grew its position in Exxon Mobil by 46.8% in the 4th quarter. WBH Advisory Inc. now owns 12,099 shares of the oil and gas company’s stock worth $1,302,000 after purchasing an additional 3,857 shares during the last quarter. Keystone Financial Services grew its position in Exxon Mobil by 3.0% in the 4th quarter. Keystone Financial Services now owns 5,980 shares of the oil and gas company’s stock worth $643,000 after purchasing an additional 172 shares during the last quarter. Finally, Monument Capital Management grew its position in Exxon Mobil by 8.5% in the 4th quarter. Monument Capital Management now owns 18,762 shares of the oil and gas company’s stock worth $2,018,000 after purchasing an additional 1,471 shares during the last quarter. Institutional investors own 61.80% of the company’s stock.
Exxon Mobil Price Performance
NYSE:XOM opened at $110.30 on Thursday. Exxon Mobil Co. has a 12 month low of $102.64 and a 12 month high of $126.34. The firm has a market cap of $484.76 billion, a PE ratio of 14.07, a price-to-earnings-growth ratio of 2.91 and a beta of 0.89. The company has a quick ratio of 0.97, a current ratio of 1.31 and a debt-to-equity ratio of 0.14. The company’s 50-day moving average price is $108.60 and its two-hundred day moving average price is $114.53.
Exxon Mobil Announces Dividend
The business 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. This represents a $3.96 dividend on an annualized basis and a dividend yield of 3.59%. The ex-dividend date of this dividend is Wednesday, February 12th. Exxon Mobil’s dividend payout ratio is presently 50.51%.
Wall Street Analyst Weigh In
Several analysts have issued reports on the stock. Morgan Stanley raised their price target on shares of Exxon Mobil from $139.00 to $140.00 in a research report on Friday, January 31st. Royal Bank of Canada restated a “sector perform” rating and issued a $115.00 price target on shares of Exxon Mobil in a research report on Monday, February 3rd. Truist Financial raised their price target on shares of Exxon Mobil from $117.00 to $119.00 and gave the stock a “hold” rating in a research report on Monday, January 13th. Mizuho decreased their target price on shares of Exxon Mobil from $137.00 to $134.00 and set a “neutral” rating on the stock in a research report on Monday, December 16th. Finally, The Goldman Sachs Group decreased their target price on shares of Exxon Mobil from $125.00 to $123.00 and set a “neutral” rating on the stock in a research report on Friday, January 31st. One research analyst has rated the stock with a sell rating, eight have given a hold rating, eleven have assigned a buy rating and two have assigned a strong buy rating to the company’s stock. According to data from MarketBeat, Exxon Mobil currently has a consensus rating of “Moderate Buy” and a consensus target price of $129.25.
Check Out Our Latest Report on Exxon Mobil
Insiders Place Their Bets
In other Exxon Mobil news, VP Darrin L. Talley sold 2,100 shares of the business’s stock in a transaction dated Tuesday, February 4th. The shares were sold at an average price of $110.00, for a total value 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 approximately $1,989,570. The trade was a 10.40 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Insiders own 0.03% of the company’s stock.
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.
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