33,830 Shares in Exxon Mobil Co. (NYSE:XOM) Purchased by BFI Infinity Ltd.

BFI Infinity Ltd. bought a new stake in Exxon Mobil Co. (NYSE:XOM - Free Report) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 33,830 shares of the oil and gas company's stock, valued at approximately $3,639,000. Exxon Mobil comprises 4.0% of BFI Infinity Ltd.'s investment portfolio, making the stock its 9th largest position.

Other large investors have also recently made changes to their positions in the company. Vertex Planning Partners LLC grew its stake in Exxon Mobil by 3.1% in the third quarter. Vertex Planning Partners LLC now owns 2,778 shares of the oil and gas company's stock worth $326,000 after purchasing an additional 83 shares in the last quarter. Etfidea LLC increased its holdings in shares of Exxon Mobil by 3.3% in the 2nd quarter. Etfidea LLC now owns 2,669 shares of the oil and gas company's stock valued at $307,000 after acquiring an additional 85 shares during the last quarter. First Heartland Consultants Inc. raised its position in shares of Exxon Mobil by 0.9% during the 3rd quarter. First Heartland Consultants Inc. now owns 9,451 shares of the oil and gas company's stock valued at $1,108,000 after acquiring an additional 87 shares in the last quarter. Latitude Advisors LLC boosted its holdings in Exxon Mobil by 0.7% in the third quarter. Latitude Advisors LLC now owns 13,378 shares of the oil and gas company's stock worth $1,568,000 after purchasing an additional 88 shares during the period. Finally, Longfellow Investment Management Co. LLC raised its holdings in shares of Exxon Mobil by 0.6% during the third quarter. Longfellow Investment Management Co. LLC now owns 14,537 shares of the oil and gas company's stock worth $1,704,000 after purchasing an additional 88 shares during the period. 61.80% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several research firms have recently commented on XOM. Truist Financial upped their target price on Exxon Mobil from $117.00 to $119.00 and gave the company a "hold" rating in a report on Monday, January 13th. Mizuho dropped their target price on Exxon Mobil from $137.00 to $134.00 and set a "neutral" rating on the stock in a research report on Monday, December 16th. BNP Paribas cut Exxon Mobil from a "neutral" rating to an "underperform" rating and set a $105.00 target price on the stock. in a research note on Wednesday, October 9th. Morgan Stanley dropped their price objective on shares of Exxon Mobil from $142.00 to $140.00 in a report on Thursday, October 31st. Finally, Barclays reduced their target price on shares of Exxon Mobil from $142.00 to $137.00 and set an "overweight" rating for the company in a research note on Thursday, October 3rd. One investment analyst has rated the stock with a sell rating, seven have given a hold rating, ten have given a buy rating and one has given a strong buy rating to the company's stock. According to data from MarketBeat, Exxon Mobil presently has a consensus rating of "Moderate Buy" and a consensus price target of $128.84.

Exxon Mobil Price Performance

Shares of XOM traded up $1.05 during midday trading on Friday, reaching $112.37. The stock had a trading volume of 19,228,798 shares, compared to its average volume of 13,346,318. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.35 and a quick ratio of 1.01. The company has a market capitalization of $493.89 billion, a P/E ratio of 13.99, a P/E/G ratio of 2.70 and a beta of 0.91. The firm's 50 day moving average price is $112.56 and its 200-day moving average price is $115.50. Exxon Mobil Co. has a 52 week low of $95.77 and a 52 week high of $126.34.

Exxon Mobil (NYSE:XOM - Get Free Report) last issued its quarterly earnings results on Friday, November 1st. The oil and gas company reported $1.92 EPS 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 firm had revenue of $90.02 billion for the quarter, compared to analysts' expectations of $93.98 billion. During the same period in the previous year, the business earned $2.27 earnings per share. Exxon Mobil's revenue for the quarter was down .8% compared to the same quarter last year. On average, analysts forecast that Exxon Mobil Co. will post 7.86 earnings per share for the current fiscal year.

Exxon Mobil Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, December 10th. Investors of record on Thursday, November 14th were issued a dividend of $0.99 per share. This represents a $3.96 dividend on an annualized basis and a yield of 3.52%. This is a boost from Exxon Mobil's previous quarterly dividend of $0.95. The ex-dividend date was Thursday, November 14th. Exxon Mobil's dividend payout ratio (DPR) is presently 49.32%.

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.