BG Investment Services Inc. Acquires New Stake in Exxon Mobil Co. (NYSE:XOM)

BG Investment Services Inc. acquired a new position in shares of Exxon Mobil Co. (NYSE:XOM - Free Report) during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 2,896 shares of the oil and gas company's stock, valued at approximately $311,000. Exxon Mobil comprises 0.3% of BG Investment Services Inc.'s investment portfolio, making the stock its 27th biggest position.

Other large investors have also recently bought and sold shares of the company. West Oak Capital LLC grew its stake in shares of Exxon Mobil by 0.6% in the fourth quarter. West Oak Capital LLC now owns 16,207 shares of the oil and gas company's stock valued at $1,743,000 after buying an additional 92 shares in the last quarter. Beacon Capital Management LLC grew its holdings in Exxon Mobil by 1.1% in the 4th quarter. Beacon Capital Management LLC now owns 8,582 shares of the oil and gas company's stock worth $923,000 after buying an additional 93 shares in the last quarter. Cadent Capital Advisors LLC raised its holdings in Exxon Mobil by 0.3% during the fourth quarter. Cadent Capital Advisors LLC now owns 37,372 shares of the oil and gas company's stock worth $4,020,000 after purchasing an additional 94 shares in the last quarter. Lincoln Capital LLC raised its holdings in shares of Exxon Mobil by 1.1% in the 4th quarter. Lincoln Capital LLC now owns 8,521 shares of the oil and gas company's stock worth $917,000 after purchasing an additional 94 shares in the last quarter. Finally, Altus Wealth Group LLC increased its stake in Exxon Mobil by 0.9% in the 4th quarter. Altus Wealth Group LLC now owns 10,130 shares of the oil and gas company's stock worth $1,090,000 after purchasing an additional 94 shares in the last quarter. Institutional investors own 61.80% of the company's stock.

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Exxon Mobil Stock Down 0.2 %

NYSE:XOM traded down $0.28 during trading hours on Friday, reaching $117.61. 4,946,208 shares of the stock were exchanged, compared to its average volume of 15,697,217. Exxon Mobil Co. has a twelve month low of $103.67 and a twelve month high of $126.34. The stock has a market cap of $510.32 billion, a PE ratio of 14.99, a PEG ratio of 3.02 and a beta of 0.83. The company has a debt-to-equity ratio of 0.14, a current ratio of 1.31 and a quick ratio of 0.97. The firm has a 50 day moving average of $110.63 and a 200 day moving average of $113.67.

Exxon Mobil (NYSE:XOM - Get Free Report) last announced its quarterly earnings data 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 prior year, the company earned $2.48 EPS. On average, equities analysts expect that Exxon Mobil Co. will post 7.43 earnings per share for the current year.

Exxon Mobil Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, March 10th. Shareholders of record on Wednesday, February 12th were paid a $0.99 dividend. This represents a $3.96 annualized dividend and a yield of 3.37%. The ex-dividend date was Wednesday, February 12th. Exxon Mobil's dividend payout ratio is presently 50.51%.

Insider Activity

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

Wall Street Analysts Forecast Growth

A number of research firms have recently commented on XOM. Piper Sandler dropped their price target on shares of Exxon Mobil from $138.00 to $127.00 and set an "overweight" rating on the stock in a research report on Thursday, December 19th. Truist Financial increased their target price on Exxon Mobil from $117.00 to $119.00 and gave the company a "hold" rating in a research note on Monday, January 13th. Morgan Stanley dropped their target price on Exxon Mobil from $141.00 to $138.00 and set an "overweight" rating on the stock in a research report on Thursday. TD Cowen dropped their price target on Exxon Mobil from $132.00 to $128.00 and set a "buy" rating on the stock in a research note on Monday, December 16th. Finally, HSBC cut their price objective on shares of Exxon Mobil from $125.00 to $123.00 and set a "hold" rating for the company in a research report on Friday, January 31st. One research analyst has rated the stock with a sell rating, eight have assigned a hold rating, eleven have given a buy rating and two have assigned a strong buy rating to the company's stock. According to MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $129.05.

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.