24,780 Shares in Exxon Mobil Co. (NYSE:XOM) Bought by VSM Wealth Advisory LLC

VSM Wealth Advisory LLC bought a new position in Exxon Mobil Co. (NYSE:XOM) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund bought 24,780 shares of the oil and gas company’s stock, valued at approximately $2,666,000. Exxon Mobil makes up 0.9% of VSM Wealth Advisory LLC’s portfolio, making the stock its 26th largest holding.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in XOM. Fairway Wealth LLC bought a new stake in Exxon Mobil in the fourth quarter worth $31,000. Keystone Financial Group Inc. bought a new stake in Exxon Mobil in the fourth quarter worth $36,000. Retirement Wealth Solutions LLC bought a new stake in Exxon Mobil in the fourth quarter worth $46,000. Compass Planning Associates Inc bought a new stake in Exxon Mobil in the fourth quarter worth $47,000. Finally, Synergy Investment Management LLC bought a new stake in Exxon Mobil in the fourth quarter worth $47,000. 61.80% of the stock is currently owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other Exxon Mobil news, VP Darrin L. Talley sold 2,100 shares of the company’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 sale, the vice president now owns 18,087 shares in the company, valued at approximately $1,989,570. This represents a 10.40 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Corporate insiders own 0.03% of the company’s stock.

Exxon Mobil Price Performance

XOM stock opened at $113.61 on Wednesday. The company has a market cap of $492.95 billion, a P/E ratio of 14.49, a PEG ratio of 3.02 and a beta of 0.83. The company has a debt-to-equity ratio of 0.14, a current ratio of 1.31 and a quick ratio of 0.97. Exxon Mobil Co. has a 1 year low of $103.67 and a 1 year high of $126.34. The firm has a 50-day moving average of $109.56 and a 200 day moving average of $113.57.

Exxon Mobil (NYSE:XOM) last announced its quarterly earnings data on Friday, January 31st. The oil and gas company reported $1.67 earnings per share 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 quarter in the previous year, the firm posted $2.48 earnings per share. On average, sell-side analysts forecast that Exxon Mobil Co. will post 7.43 EPS for the current year.

Exxon Mobil Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, March 10th. Shareholders of record on Wednesday, February 12th were issued a $0.99 dividend. This represents a $3.96 dividend on an annualized basis and a yield of 3.49%. The ex-dividend date of this dividend was Wednesday, February 12th. Exxon Mobil’s dividend payout ratio (DPR) is presently 50.51%.

Analyst Ratings Changes

XOM has been the subject of several recent research reports. JPMorgan Chase & Co. lowered their price target on shares of Exxon Mobil from $130.00 to $125.00 and set an “overweight” rating for the company in a research note on Monday, December 16th. Royal Bank of Canada reissued a “sector perform” rating and issued a $115.00 price target on shares of Exxon Mobil in a research note on Monday, February 3rd. Bernstein Bank boosted their price target on shares of Exxon Mobil from $138.00 to $144.00 and gave the stock an “overweight” rating in a research note on Friday, January 31st. Wells Fargo & Company lowered their price objective on shares of Exxon Mobil from $136.00 to $135.00 and set an “overweight” rating for the company in a research note on Monday, February 3rd. Finally, Mizuho lowered their price objective on shares of Exxon Mobil from $137.00 to $134.00 and set a “neutral” rating for the company in a research note on Monday, December 16th. One investment analyst has rated the stock with a sell rating, eight have issued a hold rating, eleven have assigned a buy rating and two have issued a strong buy rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $129.15.

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.