Builder Investment Group Inc. ADV Purchases 3,500 Shares of Exxon Mobil Co. (NYSE:XOM)

Builder Investment Group Inc. ADV lifted its position in Exxon Mobil Co. (NYSE:XOM - Free Report) by 5.2% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 71,264 shares of the oil and gas company's stock after buying an additional 3,500 shares during the quarter. Exxon Mobil comprises 2.1% of Builder Investment Group Inc. ADV's investment portfolio, making the stock its 9th largest holding. Builder Investment Group Inc. ADV's holdings in Exxon Mobil were worth $7,666,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in XOM. International Assets Investment Management LLC lifted its holdings in Exxon Mobil by 7,761.0% in the 3rd quarter. International Assets Investment Management LLC now owns 6,893,677 shares of the oil and gas company's stock worth $808,077,000 after purchasing an additional 6,805,982 shares during the last quarter. Legal & General Group Plc lifted its holdings in Exxon Mobil by 19.3% in the 2nd quarter. Legal & General Group Plc now owns 32,308,002 shares of the oil and gas company's stock worth $3,719,296,000 after purchasing an additional 5,235,607 shares during the last quarter. Franklin Resources Inc. lifted its holdings in Exxon Mobil by 16.3% in the 3rd quarter. Franklin Resources Inc. now owns 31,522,556 shares of the oil and gas company's stock worth $3,936,929,000 after purchasing an additional 4,415,012 shares during the last quarter. Clearbridge Investments LLC lifted its holdings in Exxon Mobil by 117.5% in the 2nd quarter. Clearbridge Investments LLC now owns 7,668,483 shares of the oil and gas company's stock worth $882,795,000 after purchasing an additional 4,142,171 shares during the last quarter. Finally, Barrow Hanley Mewhinney & Strauss LLC acquired a new stake in Exxon Mobil in the 2nd quarter worth approximately $469,284,000. Institutional investors own 61.80% of the company's stock.

Exxon Mobil Price Performance

NYSE:XOM traded up $1.05 during trading hours on Friday, reaching $112.37. The company had a trading volume of 19,223,615 shares, compared to its average volume of 14,963,255. The stock has a 50-day moving average of $112.73 and a two-hundred day moving average of $115.52. Exxon Mobil Co. has a one year low of $95.77 and a one year high of $126.34. The firm has a market capitalization of $493.89 billion, a PE ratio of 13.99, a PEG ratio of 2.70 and a beta of 0.91. 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 (NYSE:XOM - Get Free Report) last announced its quarterly earnings results on Friday, November 1st. The oil and gas company reported $1.92 earnings per share for the quarter, beating analysts' consensus estimates of $1.91 by $0.01. The firm had revenue of $90.02 billion for the quarter, compared to analysts' expectations of $93.98 billion. Exxon Mobil had a return on equity of 14.73% and a net margin of 9.61%. The business's revenue was down .8% compared to the same quarter last year. During the same period in the prior year, the business posted $2.27 earnings per share. Analysts forecast that Exxon Mobil Co. will post 7.86 earnings per share for the current year.

Exxon Mobil Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, December 10th. Stockholders of record on Thursday, November 14th were issued a dividend of $0.99 per share. This represents a $3.96 annualized dividend and a dividend yield of 3.52%. The ex-dividend date of this dividend was Thursday, November 14th. This is a boost from Exxon Mobil's previous quarterly dividend of $0.95. Exxon Mobil's dividend payout ratio is presently 49.32%.

Analysts Set New Price Targets

A number of brokerages have recently commented on XOM. TD Cowen cut their price target on Exxon Mobil from $132.00 to $128.00 and set a "buy" rating for the company in a report on Monday, December 16th. Piper Sandler cut their price target on Exxon Mobil from $138.00 to $127.00 and set an "overweight" rating for the company in a report on Thursday, December 19th. BNP Paribas lowered Exxon Mobil from a "neutral" rating to an "underperform" rating and set a $105.00 price target for the company. in a report on Wednesday, October 9th. Truist Financial upped their price target on Exxon Mobil from $117.00 to $119.00 and gave the stock a "hold" rating in a report on Monday. Finally, Wolfe Research upped their price target on Exxon Mobil from $137.00 to $138.00 in a report on Thursday, October 31st. One equities research analyst has rated the stock with a sell rating, seven have issued a hold rating, ten have issued a buy rating and one has given a strong buy rating to the company's stock. According to MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average price target 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.