Capital Analysts LLC Purchases 3,497 Shares of Exxon Mobil Co. (NYSE:XOM)

Capital Analysts LLC boosted its position in Exxon Mobil Co. (NYSE:XOM - Free Report) by 29.5% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 15,351 shares of the oil and gas company's stock after purchasing an additional 3,497 shares during the quarter. Capital Analysts LLC's holdings in Exxon Mobil were worth $1,652,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in XOM. Voya Financial Advisors Inc. grew its stake in shares of Exxon Mobil by 5.0% in the fourth quarter. Voya Financial Advisors Inc. now owns 52,737 shares of the oil and gas company's stock valued at $5,577,000 after acquiring an additional 2,532 shares in the last quarter. Knightsbridge Asset Management LLC acquired a new position in shares of Exxon Mobil during the 4th quarter worth approximately $262,000. Nebula Research & Development LLC increased its holdings in shares of Exxon Mobil by 24.1% during the fourth quarter. Nebula Research & Development LLC now owns 15,969 shares of the oil and gas company's stock worth $1,718,000 after purchasing an additional 3,105 shares during the period. Rothschild Capital Partners LLC acquired a new stake in shares of Exxon Mobil in the fourth quarter valued at approximately $630,000. Finally, Topsail Wealth Management LLC bought a new stake in shares of Exxon Mobil in the fourth quarter valued at approximately $347,000. 61.80% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several brokerages have weighed in on XOM. Truist Financial lifted their price objective on Exxon Mobil from $117.00 to $119.00 and gave the company a "hold" rating in a report on Monday, January 13th. Mizuho dropped their price target on Exxon Mobil from $131.00 to $129.00 and set a "neutral" rating for the company in a research note on Thursday, April 3rd. Wells Fargo & Company reduced their price objective on shares of Exxon Mobil from $136.00 to $135.00 and set an "overweight" rating on the stock in a research note on Monday, February 3rd. Barclays dropped their target price on shares of Exxon Mobil from $135.00 to $130.00 and set an "overweight" rating for the company in a research report on Wednesday. Finally, UBS Group reduced their price target on shares of Exxon Mobil from $135.00 to $131.00 and set a "buy" rating on the stock in a research report on Monday, April 14th. One research analyst has rated the stock with a sell rating, eight have given a hold rating, eleven have given a buy rating and two have issued a strong buy rating to the company's stock. According to data from MarketBeat.com, Exxon Mobil has an average rating of "Moderate Buy" and an average price target of $126.50.

Exxon Mobil Stock Down 0.0 %

Shares of NYSE XOM opened at $108.61 on Friday. Exxon Mobil Co. has a 1 year low of $97.80 and a 1 year high of $126.34. 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 market cap of $469.77 billion, a PE ratio of 13.85, a price-to-earnings-growth ratio of 3.02 and a beta of 0.61. The company has a 50 day simple moving average of $109.75 and a 200 day simple moving average of $112.20.

Exxon Mobil (NYSE:XOM - Get Free Report) last issued its quarterly earnings results on Friday, January 31st. The oil and gas company reported $1.67 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 business posted $2.48 EPS. On average, research analysts forecast that Exxon Mobil Co. will post 7.43 EPS for the current year.

Exxon Mobil Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, March 10th. Stockholders of record on Wednesday, February 12th were paid a $0.99 dividend. The ex-dividend date of this dividend was Wednesday, February 12th. This represents a $3.96 annualized dividend and a dividend yield of 3.65%. Exxon Mobil's payout ratio is 50.51%.

Insider Buying and Selling

In other Exxon Mobil news, VP Darrin L. Talley sold 2,100 shares of the firm's stock in a transaction that occurred on Tuesday, February 4th. The shares were sold at an average price of $110.00, for a total transaction of $231,000.00. Following the completion of the transaction, the vice president now owns 18,087 shares in the company, valued at approximately $1,989,570. This trade represents a 10.40 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 0.03% of the stock is owned by insiders.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.