J2 Capital Management Inc Makes New Investment in Exxon Mobil Co. (NYSE:XOM)

J2 Capital Management Inc acquired a new stake in shares of Exxon Mobil Co. (NYSE:XOM - Free Report) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 3,825 shares of the oil and gas company's stock, valued at approximately $411,000.

Other institutional investors and hedge funds have also bought and sold shares of the company. Global Wealth Management Investment Advisory Inc. lifted its stake in shares of Exxon Mobil by 10.7% during the third quarter. Global Wealth Management Investment Advisory Inc. now owns 47,195 shares of the oil and gas company's stock worth $5,532,000 after buying an additional 4,578 shares during the period. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp lifted its stake in shares of Exxon Mobil by 79.4% during the second quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp now owns 859,226 shares of the oil and gas company's stock worth $98,914,000 after buying an additional 380,399 shares during the period. Massmutual Trust Co. FSB ADV lifted its stake in shares of Exxon Mobil by 4.7% during the third quarter. Massmutual Trust Co. FSB ADV now owns 133,140 shares of the oil and gas company's stock worth $15,607,000 after buying an additional 5,985 shares during the period. Helen Stephens Group LLC lifted its stake in shares of Exxon Mobil by 7.3% during the fourth quarter. Helen Stephens Group LLC now owns 41,637 shares of the oil and gas company's stock worth $4,479,000 after buying an additional 2,825 shares during the period. Finally, Brooklyn Investment Group lifted its stake in shares of Exxon Mobil by 36.8% during the third quarter. Brooklyn Investment Group now owns 25,127 shares of the oil and gas company's stock worth $2,945,000 after buying an additional 6,753 shares during the period. 61.80% of the stock is owned by hedge funds and other institutional investors.

Exxon Mobil Trading Down 0.7 %

NYSE:XOM traded down $0.75 on Tuesday, hitting $111.57. The stock had a trading volume of 3,084,332 shares, compared to its average volume of 13,854,236. The company has a fifty day moving average price of $112.40 and a two-hundred day moving average price of $115.50. 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 Co. has a 1-year low of $95.77 and a 1-year high of $126.34. The stock has a market cap of $490.35 billion, a price-to-earnings ratio of 13.91, a PEG ratio of 3.01 and a beta of 0.91.

Exxon Mobil (NYSE:XOM - Get Free Report) last issued its quarterly earnings data 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 analyst estimates of $93.98 billion. During the same period in the prior year, the business posted $2.27 EPS. The business's revenue for the quarter was down .8% compared to the same quarter last year. Equities research analysts expect that Exxon Mobil Co. will post 7.77 earnings per share for the current fiscal year.

Exxon Mobil Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, December 10th. Stockholders of record on Thursday, November 14th were issued a $0.99 dividend. This is a positive change from Exxon Mobil's previous quarterly dividend of $0.95. This represents a $3.96 annualized dividend and a dividend yield of 3.55%. The ex-dividend date of this dividend was Thursday, November 14th. Exxon Mobil's dividend payout ratio is currently 49.32%.

Analyst Ratings Changes

A number of research analysts recently issued reports on the stock. Truist Financial boosted 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 upgraded shares of Exxon Mobil from a "sector perform" rating to a "sector outperform" rating and upped their price objective for the stock from $129.00 to $145.00 in a research report on Thursday, October 10th. BMO Capital Markets upped their price objective on shares of Exxon Mobil from $127.00 to $130.00 and gave the stock a "market perform" rating in a research report on Friday, October 4th. Morgan Stanley decreased their price objective on shares of Exxon Mobil from $142.00 to $140.00 in a research report on Thursday, October 31st. Finally, Royal Bank of Canada reiterated a "sector perform" rating and issued a $115.00 price objective on shares of Exxon Mobil in a research report on Thursday, December 12th. One research analyst has rated the stock with a sell rating, seven have given a hold rating, ten have assigned a buy rating and one has given a strong buy rating to the stock. According to MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average target price of $128.84.

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.