Exxon Mobil Co. (NYSE:XOM) Shares Bought by Waller Financial Planning Group Inc.

Waller Financial Planning Group Inc. raised its position in shares of Exxon Mobil Co. (NYSE:XOM) by 10.7% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 3,534 shares of the oil and gas company’s stock after acquiring an additional 341 shares during the period. Waller Financial Planning Group Inc.’s holdings in Exxon Mobil were worth $380,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in XOM. General Partner Inc. lifted its stake in Exxon Mobil by 3.2% during the fourth quarter. General Partner Inc. now owns 12,766 shares of the oil and gas company’s stock worth $1,373,000 after purchasing an additional 400 shares during the last quarter. Versant Capital Management Inc grew its stake in shares of Exxon Mobil by 0.5% in the fourth quarter. Versant Capital Management Inc now owns 81,457 shares of the oil and gas company’s stock worth $8,762,000 after purchasing an additional 396 shares in the last quarter. Global Wealth Strategies & Associates lifted its stake in shares of Exxon Mobil by 23.6% in the 4th quarter. Global Wealth Strategies & Associates now owns 2,717 shares of the oil and gas company’s stock worth $292,000 after acquiring an additional 519 shares during the period. Confluence Investment Management LLC boosted its holdings in shares of Exxon Mobil by 5.9% in the fourth quarter. Confluence Investment Management LLC now owns 5,958 shares of the oil and gas company’s stock valued at $641,000 after acquiring an additional 332 shares in the last quarter. Finally, SK Wealth Management LLC acquired a new stake in Exxon Mobil in the third quarter worth approximately $246,000. 61.80% of the stock is currently owned by institutional investors and hedge funds.

Exxon Mobil Price Performance

Shares of NYSE:XOM traded up $0.79 during trading on Friday, reaching $108.10. 4,648,113 shares of the company traded hands, compared to its average volume of 8,451,787. The company’s 50 day moving average is $114.69 and its two-hundred day moving average is $115.77. Exxon Mobil Co. has a 52 week low of $95.77 and a 52 week high of $126.34. The firm has a market capitalization of $475.11 billion, a PE ratio of 13.46, a PEG ratio of 4.65 and a beta of 0.89. The company has a quick ratio of 1.01, a current ratio of 1.35 and a debt-to-equity ratio of 0.13.

Exxon Mobil (NYSE:XOM) last posted its quarterly earnings data on Friday, November 1st. The oil and gas company reported $1.92 earnings per share for the quarter, topping the consensus estimate of $1.91 by $0.01. Exxon Mobil had a net margin of 9.61% and a return on equity of 14.73%. The company had revenue of $90.02 billion during the quarter, compared to analysts’ expectations of $93.98 billion. During the same period in the prior year, the company posted $2.27 earnings per share. Exxon Mobil’s revenue for the quarter was down .8% compared to the same quarter last year. As a group, sell-side analysts predict that Exxon Mobil Co. will post 7.95 earnings per share for the current year.

Exxon Mobil Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, December 10th. Stockholders of record on Thursday, November 14th were paid a $0.99 dividend. This is a positive change from Exxon Mobil’s previous quarterly dividend of $0.95. The ex-dividend date was Thursday, November 14th. This represents a $3.96 annualized dividend and a dividend yield of 3.66%. Exxon Mobil’s dividend payout ratio is presently 49.32%.

Analysts Set New Price Targets

A number of analysts recently weighed in on the stock. Wolfe Research raised their target price on shares of Exxon Mobil from $137.00 to $138.00 in a report on Thursday, October 31st. Barclays lowered their price objective on Exxon Mobil from $142.00 to $137.00 and set an “overweight” rating on the stock in a research note on Thursday, October 3rd. Wells Fargo & Company boosted their price target on Exxon Mobil from $135.00 to $136.00 and gave the company an “overweight” rating in a research note on Friday, September 27th. Truist Financial cut their price objective on Exxon Mobil from $121.00 to $117.00 and set a “hold” rating for the company in a report on Monday, September 30th. Finally, Piper Sandler dropped their target price on shares of Exxon Mobil from $138.00 to $127.00 and set an “overweight” rating for the company in a research report on Thursday, December 19th. One research analyst has rated the stock with a sell rating, seven have issued a hold rating, ten have assigned a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $128.74.

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.