Atlas Legacy Advisors LLC acquired a new stake in Exxon Mobil Co. (NYSE:XOM - Free Report) in the 4th quarter, according to its most recent filing with the SEC. The fund acquired 3,976 shares of the oil and gas company's stock, valued at approximately $428,000.
A number of other large investors have also bought and sold shares of XOM. Keystone Financial Group Inc. acquired a new position in shares of Exxon Mobil in the fourth quarter valued at approximately $36,000. Retirement Wealth Solutions LLC bought a new stake in Exxon Mobil in the 4th quarter valued at $46,000. Compass Financial Services Inc acquired a new position in Exxon Mobil in the 4th quarter worth $48,000. Peterson Financial Group Inc. bought a new position in Exxon Mobil during the 3rd quarter worth about $51,000. Finally, Highline Wealth Partners LLC acquired a new stake in shares of Exxon Mobil in the 3rd quarter valued at about $54,000. 61.80% of the stock is owned by institutional investors.
Wall Street Analyst Weigh In
A number of research analysts recently issued reports on the company. Wells Fargo & Company decreased their price objective on Exxon Mobil from $136.00 to $135.00 and set an "overweight" rating for the company in a report on Monday, February 3rd. Bernstein Bank raised their price target on shares of Exxon Mobil from $138.00 to $144.00 and gave the stock an "overweight" rating in a research note on Friday, January 31st. Argus upgraded shares of Exxon Mobil to a "strong-buy" rating in a report on Tuesday, February 4th. The Goldman Sachs Group reduced their target price on shares of Exxon Mobil from $125.00 to $123.00 and set a "neutral" rating for the company in a report on Friday, January 31st. Finally, UBS Group lowered their price target on shares of Exxon Mobil from $149.00 to $147.00 and set a "buy" rating on the stock in a research note on Thursday, December 12th. One analyst has rated the stock with a sell rating, eight have issued a hold rating, eleven have given a buy rating and two have assigned a strong buy rating to the stock. According to MarketBeat.com, the company has an average rating of "Moderate Buy" and an average target price of $129.25.
View Our Latest Analysis on Exxon Mobil
Insider Transactions at Exxon Mobil
In other Exxon Mobil news, VP Darrin L. Talley sold 2,100 shares of the company's 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 transaction, the vice president now directly owns 18,087 shares of the company's stock, valued at $1,989,570. This represents a 10.40 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. 0.03% of the stock is owned by corporate insiders.
Exxon Mobil Stock Down 1.2 %
XOM opened at $110.67 on Friday. The stock's fifty day simple moving average is $108.60 and its 200 day simple moving average is $114.49. Exxon Mobil Co. has a 1-year low of $102.88 and a 1-year high of $126.34. The stock has a market cap of $486.39 billion, a PE ratio of 14.12, a price-to-earnings-growth ratio of 2.97 and a beta of 0.89. The company has a current ratio of 1.31, a quick ratio of 0.97 and a debt-to-equity ratio of 0.14.
Exxon Mobil (NYSE:XOM - Get Free Report) last posted its earnings results on Friday, January 31st. The oil and gas company reported $1.67 earnings per share (EPS) 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 last year, the firm posted $2.48 EPS. As a group, research analysts expect that Exxon Mobil Co. will post 7.43 earnings per share for the current year.
Exxon Mobil Dividend Announcement
The company also recently announced a quarterly dividend, which will be paid on Monday, March 10th. Stockholders of record on Wednesday, February 12th will be given a $0.99 dividend. This represents a $3.96 annualized dividend and a dividend yield of 3.58%. The ex-dividend date of this dividend is Wednesday, February 12th. Exxon Mobil's payout ratio is 50.51%.
Exxon Mobil Company Profile
(
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.
Featured Stories
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