Rothschild Investment LLC Grows Holdings in Exxon Mobil Co. (NYSE:XOM)

Rothschild Investment LLC raised its position in Exxon Mobil Co. (NYSE:XOM) by 4.7% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 143,310 shares of the oil and gas company’s stock after purchasing an additional 6,463 shares during the period. Exxon Mobil comprises about 1.0% of Rothschild Investment LLC’s investment portfolio, making the stock its 18th largest position. Rothschild Investment LLC’s holdings in Exxon Mobil were worth $15,416,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in XOM. Keystone Financial Group Inc. purchased a new position in Exxon Mobil in the 4th quarter valued at about $36,000. Retirement Wealth Solutions LLC purchased a new position in Exxon Mobil in the 4th quarter valued at about $46,000. Compass Planning Associates Inc purchased a new position in shares of Exxon Mobil during the 4th quarter worth about $47,000. Compass Financial Services Inc purchased a new position in shares of Exxon Mobil during the 4th quarter worth about $48,000. Finally, Peterson Financial Group Inc. purchased a new position in shares of Exxon Mobil during the 3rd quarter worth about $51,000. 61.80% of the stock is currently owned by hedge funds and other institutional investors.

Insider Transactions at Exxon Mobil

In other news, VP Darrin L. Talley sold 2,100 shares of the firm’s stock in a transaction that occurred on Tuesday, February 4th. The shares were sold at an average price of $110.00, for a total transaction of $231,000.00. Following the completion of the sale, the vice president now owns 18,087 shares of the company’s stock, valued at approximately $1,989,570. This trade represents a 10.40 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Corporate insiders own 0.03% of the company’s stock.

Exxon Mobil Stock Down 0.3 %

Shares of NYSE:XOM opened at $109.43 on Thursday. 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 52-week low of $103.85 and a 52-week high of $126.34. The company has a 50 day moving average of $108.75 and a two-hundred day moving average of $114.34. The company has a market capitalization of $474.84 billion, a price-to-earnings ratio of 13.96, a price-to-earnings-growth ratio of 3.02 and a beta of 0.89.

Exxon Mobil (NYSE:XOM) last issued its quarterly earnings data on Friday, January 31st. The oil and gas company reported $1.67 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.77 by ($0.10). Exxon Mobil had a net margin of 9.63% and a return on equity of 12.92%. During the same quarter last year, the company posted $2.48 earnings per share. As a group, analysts forecast that Exxon Mobil Co. will post 7.43 earnings per share for the current fiscal year.

Exxon Mobil Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, March 10th. Stockholders of record on Wednesday, February 12th will be given a dividend of $0.99 per share. This represents a $3.96 dividend on an annualized basis and a dividend yield of 3.62%. The ex-dividend date of this dividend is Wednesday, February 12th. Exxon Mobil’s payout ratio is currently 50.51%.

Wall Street Analysts Forecast Growth

Several brokerages have recently weighed in on XOM. Argus upgraded shares of Exxon Mobil to a “strong-buy” rating in a report on Tuesday, February 4th. Scotiabank cut their price objective on shares of Exxon Mobil from $145.00 to $140.00 in a report on Friday, January 31st. The Goldman Sachs Group cut their price objective on shares of Exxon Mobil from $125.00 to $123.00 and set a “neutral” rating on the stock in a report on Friday, January 31st. Truist Financial increased their price objective on shares of Exxon Mobil from $117.00 to $119.00 and gave the stock a “hold” rating in a report on Monday, January 13th. Finally, BMO Capital Markets cut their price objective on shares of Exxon Mobil from $130.00 to $123.00 and set a “market perform” rating on the stock in a report on Friday, January 31st. 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 assigned a strong buy rating to the company. According to MarketBeat, Exxon Mobil currently has a consensus rating of “Moderate Buy” and an average price target of $129.25.

Exxon Mobil Company 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.