Exxon Mobil Co. (NYSE:XOM) Stake Boosted by Blue Chip Partners LLC

Blue Chip Partners LLC boosted its holdings in shares of Exxon Mobil Co. (NYSE:XOM - Free Report) by 29.7% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 12,476 shares of the oil and gas company's stock after acquiring an additional 2,860 shares during the quarter. Blue Chip Partners LLC's holdings in Exxon Mobil were worth $1,342,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of the company. Keystone Financial Group Inc. acquired a new position in shares of Exxon Mobil during the 4th quarter valued at $36,000. Retirement Wealth Solutions LLC purchased a new stake in shares of Exxon Mobil in the fourth quarter valued at about $46,000. Compass Financial Services Inc purchased a new stake in shares of Exxon Mobil in the fourth quarter valued at about $48,000. Peterson Financial Group Inc. purchased a new stake in shares of Exxon Mobil in the third quarter valued at about $51,000. Finally, Highline Wealth Partners LLC purchased a new stake in shares of Exxon Mobil in the third quarter valued at about $54,000. 61.80% of the stock is owned by institutional investors.

Insiders Place Their Bets

In other Exxon Mobil news, VP Darrin L. Talley sold 2,100 shares of the business's stock in a transaction dated Tuesday, February 4th. The stock was sold at an average price of $110.00, for a total transaction 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 position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. 0.03% of the stock is owned by insiders.

Exxon Mobil Stock Down 1.2 %

Shares of XOM stock traded down $1.33 during mid-day trading on Friday, reaching $110.67. 14,676,984 shares of the company's stock traded hands, compared to its average volume of 15,010,274. The company's 50-day moving average price is $108.60 and its 200-day moving average price is $114.52. The company has a quick ratio of 0.97, a current ratio of 1.31 and a debt-to-equity ratio of 0.14. The company has a market cap of $486.39 billion, a P/E ratio of 14.12, a P/E/G ratio of 2.97 and a beta of 0.89. Exxon Mobil Co. has a 12 month low of $102.88 and a 12 month high of $126.34.

Exxon Mobil (NYSE:XOM - Get Free Report) last issued its earnings results on Friday, January 31st. The oil and gas company reported $1.67 earnings per share 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 period in the previous year, the business posted $2.48 earnings per share. On average, equities analysts expect that Exxon Mobil Co. will post 7.43 earnings per share for the current fiscal year.

Exxon Mobil Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, March 10th. Shareholders of record on Wednesday, February 12th will be given a $0.99 dividend. This represents a $3.96 dividend on an annualized basis and a yield of 3.58%. The ex-dividend date of this dividend is Wednesday, February 12th. Exxon Mobil's dividend payout ratio (DPR) is 50.51%.

Analysts Set New Price Targets

Several analysts have recently commented on XOM shares. Piper Sandler lowered their target price on shares of Exxon Mobil from $138.00 to $127.00 and set an "overweight" rating for the company in a report on Thursday, December 19th. Wells Fargo & Company reduced their price target on shares of Exxon Mobil from $136.00 to $135.00 and set an "overweight" rating for the company in a research report on Monday, February 3rd. BMO Capital Markets reduced their price target on shares of Exxon Mobil from $130.00 to $123.00 and set a "market perform" rating for the company in a research report on Friday, January 31st. TD Cowen cut their target price on shares of Exxon Mobil from $132.00 to $128.00 and set a "buy" rating for the company in a research report on Monday, December 16th. Finally, Scotiabank cut their target price on shares of Exxon Mobil from $145.00 to $140.00 in a research report on Friday, January 31st. One 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. According to data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus 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.