Centerpoint Advisory Group bought a new position in Exxon Mobil Co. (NYSE:XOM - Free Report) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm bought 2,683 shares of the oil and gas company's stock, valued at approximately $289,000.
Several other institutional investors have also recently bought and sold shares of XOM. Keystone Financial Group Inc. acquired a new stake in Exxon Mobil in the 4th quarter worth $36,000. Retirement Wealth Solutions LLC acquired a new stake in Exxon Mobil in the 4th quarter worth $46,000. Compass Financial Services Inc acquired a new stake in Exxon Mobil in the 4th quarter worth $48,000. Peterson Financial Group Inc. acquired a new stake in Exxon Mobil in the 3rd quarter worth $51,000. Finally, Highline Wealth Partners LLC acquired a new stake in Exxon Mobil in the 3rd quarter worth $54,000. Institutional investors own 61.80% of the company's stock.
Exxon Mobil Price Performance
Shares of NYSE XOM traded down $1.33 during trading on Friday, reaching $110.67. The company had a trading volume of 14,676,984 shares, compared to its average volume of 15,010,274. Exxon Mobil Co. has a 52 week low of $102.88 and a 52 week high of $126.34. The stock has a market cap of $486.39 billion, a PE ratio of 14.12, a PEG ratio of 2.97 and a beta of 0.89. The company has a debt-to-equity ratio of 0.14, a quick ratio of 0.97 and a current ratio of 1.31. The business's 50 day moving average price is $108.60 and its 200-day moving average price is $114.52.
Exxon Mobil (NYSE:XOM - Get Free Report) last announced its earnings results 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 prior year, the company earned $2.48 earnings per share. Analysts expect that Exxon Mobil Co. will post 7.43 earnings per share for the current year.
Exxon Mobil Announces Dividend
The firm also recently declared a quarterly dividend, which will be paid on Monday, March 10th. Investors of record on Wednesday, February 12th will be paid a dividend of $0.99 per share. This represents a $3.96 dividend on an annualized basis and a dividend yield of 3.58%. The ex-dividend date of this dividend is Wednesday, February 12th. Exxon Mobil's dividend payout ratio (DPR) is 50.51%.
Analyst Ratings Changes
Several brokerages have recently weighed in on XOM. UBS Group decreased their target price on shares of Exxon Mobil from $149.00 to $147.00 and set a "buy" rating on the stock in a research report on Thursday, December 12th. Truist Financial lifted their target price on shares of Exxon Mobil from $117.00 to $119.00 and gave the company a "hold" rating in a research report on Monday, January 13th. Scotiabank decreased their target price on shares of Exxon Mobil from $145.00 to $140.00 in a research report on Friday, January 31st. Wells Fargo & Company decreased their target price on shares of Exxon Mobil from $136.00 to $135.00 and set an "overweight" rating on the stock in a research report on Monday, February 3rd. Finally, JPMorgan Chase & Co. decreased their target price on shares of Exxon Mobil from $130.00 to $125.00 and set an "overweight" rating on the stock in a research report on Monday, December 16th. One equities research analyst has rated the stock with a sell rating, eight have issued a hold rating, eleven have issued a buy rating and two have issued a strong buy rating to the company. According to data from MarketBeat, Exxon Mobil has an average rating of "Moderate Buy" and an average target price of $129.25.
Check Out Our Latest Stock Report on XOM
Insider Buying and Selling
In related news, VP Darrin L. Talley sold 2,100 shares of the business'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 directly owns 18,087 shares of the company's stock, valued at $1,989,570. The trade was a 10.40 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. 0.03% of the stock is currently owned by insiders.
Exxon Mobil Profile
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Free Report)
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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