3,672 Shares in Exxon Mobil Co. (NYSE:XOM) Purchased by Warburton Capital Management LLC

Warburton Capital Management LLC acquired a new position in Exxon Mobil Co. (NYSE:XOM - Free Report) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 3,672 shares of the oil and gas company's stock, valued at approximately $394,000. Exxon Mobil comprises about 0.3% of Warburton Capital Management LLC's portfolio, making the stock its 22nd biggest position.

Several other large investors also recently added to or reduced their stakes in the company. Principal Financial Group Inc. boosted its stake in Exxon Mobil by 8.4% in the 3rd quarter. Principal Financial Group Inc. now owns 6,709,202 shares of the oil and gas company's stock worth $786,453,000 after purchasing an additional 521,932 shares during the period. United Bank boosted its position in shares of Exxon Mobil by 3.7% during the 3rd quarter. United Bank now owns 17,920 shares of the oil and gas company's stock valued at $2,101,000 after acquiring an additional 641 shares during the last quarter. Transcendent Capital Group LLC boosted its position in shares of Exxon Mobil by 3.5% during the 3rd quarter. Transcendent Capital Group LLC now owns 5,032 shares of the oil and gas company's stock valued at $590,000 after acquiring an additional 169 shares during the last quarter. Costello Asset Management INC boosted its position in shares of Exxon Mobil by 61.9% during the 3rd quarter. Costello Asset Management INC now owns 777 shares of the oil and gas company's stock valued at $91,000 after acquiring an additional 297 shares during the last quarter. Finally, Axxcess Wealth Management LLC boosted its position in shares of Exxon Mobil by 1.2% during the 3rd quarter. Axxcess Wealth Management LLC now owns 168,659 shares of the oil and gas company's stock valued at $19,770,000 after acquiring an additional 1,970 shares during the last quarter. Hedge funds and other institutional investors own 61.80% of the company's stock.

Exxon Mobil Price Performance

Shares of XOM stock opened at $109.06 on Wednesday. The stock has a market cap of $473.24 billion, a price-to-earnings ratio of 13.91, a PEG ratio of 3.02 and a beta of 0.83. The business's fifty day moving average is $109.20 and its 200 day moving average is $113.80. Exxon Mobil Co. has a twelve month low of $103.67 and a twelve month high of $126.34. The company has a quick ratio of 0.97, a current ratio of 1.31 and a debt-to-equity ratio of 0.14.

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Exxon Mobil (NYSE:XOM - Get Free Report) last issued its quarterly earnings results on Friday, January 31st. The oil and gas company reported $1.67 earnings per share for the quarter, missing the consensus estimate 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 period in the previous year, the firm earned $2.48 earnings per share. Research analysts expect that Exxon Mobil Co. will post 7.43 EPS for the current fiscal year.

Exxon Mobil Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, March 10th. Stockholders of record on Wednesday, February 12th were paid a $0.99 dividend. The ex-dividend date of this dividend was Wednesday, February 12th. This represents a $3.96 dividend on an annualized basis and a dividend yield of 3.63%. Exxon Mobil's dividend payout ratio is currently 50.51%.

Insider Transactions at Exxon Mobil

In other news, VP Darrin L. Talley sold 2,100 shares of the stock in a transaction on Tuesday, February 4th. The stock was sold at an average price of $110.00, for a total value of $231,000.00. Following the sale, the vice president now directly owns 18,087 shares of the company's stock, valued at approximately $1,989,570. This represents a 10.40 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Insiders own 0.03% of the company's stock.

Analysts Set New Price Targets

XOM has been the subject of a number of research analyst reports. Wells Fargo & Company dropped their price target on Exxon Mobil from $136.00 to $135.00 and set an "overweight" rating for the company in a research report on Monday, February 3rd. The Goldman Sachs Group dropped their price target on Exxon Mobil from $125.00 to $123.00 and set a "neutral" rating for the company in a research report on Friday, January 31st. BMO Capital Markets decreased their price objective on Exxon Mobil from $130.00 to $123.00 and set a "market perform" rating on the stock in a report on Friday, January 31st. Piper Sandler decreased their price objective on Exxon Mobil from $138.00 to $127.00 and set an "overweight" rating on the stock in a report on Thursday, December 19th. Finally, Truist Financial raised their price objective on Exxon Mobil from $117.00 to $119.00 and gave the company a "hold" rating in a report on Monday, January 13th. One equities research 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 company's stock. According to data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average target price of $129.25.

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.

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