Core Wealth Partners LLC Has $2.18 Million Stake in Exxon Mobil Co. (NYSE:XOM)

Core Wealth Partners LLC increased its stake in Exxon Mobil Co. (NYSE:XOM - Free Report) by 18.7% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 20,259 shares of the oil and gas company's stock after purchasing an additional 3,193 shares during the period. Exxon Mobil accounts for 1.2% of Core Wealth Partners LLC's portfolio, making the stock its 17th largest position. Core Wealth Partners LLC's holdings in Exxon Mobil were worth $2,179,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently bought and sold shares of the company. Rockline Wealth Management LLC boosted its holdings in Exxon Mobil by 6.1% during the fourth quarter. Rockline Wealth Management LLC now owns 25,918 shares of the oil and gas company's stock worth $2,788,000 after buying an additional 1,498 shares in the last quarter. Renasant Bank raised its stake in shares of Exxon Mobil by 5.0% during the 4th quarter. Renasant Bank now owns 10,369 shares of the oil and gas company's stock worth $1,115,000 after purchasing an additional 493 shares in the last quarter. Helen Stephens Group LLC lifted its stake in Exxon Mobil by 7.3% in the fourth quarter. Helen Stephens Group LLC now owns 41,637 shares of the oil and gas company's stock valued at $4,479,000 after acquiring an additional 2,825 shares during the last quarter. Brooklyn Investment Group lifted its stake in shares of Exxon Mobil by 36.8% in the 3rd quarter. Brooklyn Investment Group now owns 25,127 shares of the oil and gas company's stock valued at $2,945,000 after purchasing an additional 6,753 shares during the last quarter. Finally, Hilltop Holdings Inc. boosted its stake in shares of Exxon Mobil by 41.3% during the 3rd quarter. Hilltop Holdings Inc. now owns 76,288 shares of the oil and gas company's stock worth $8,942,000 after acquiring an additional 22,296 shares in the last quarter. Institutional investors own 61.80% of the company's stock.

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Insiders Place Their Bets

In other news, VP Darrin L. Talley sold 2,100 shares of the stock in a transaction dated 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 directly owns 18,087 shares in the company, valued at $1,989,570. This represents a 10.40 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Insiders own 0.03% of the company's stock.

Analysts Set New Price Targets

Several research firms recently issued reports on XOM. Piper Sandler decreased their price objective 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. Truist Financial upped 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. BMO Capital Markets cut 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 note on Friday, January 31st. The Goldman Sachs Group reduced their target price on shares of Exxon Mobil from $125.00 to $123.00 and set a "neutral" rating on the stock in a research note on Friday, January 31st. Finally, UBS Group decreased their price target on Exxon Mobil from $149.00 to $147.00 and set a "buy" rating on the stock in a research report on Thursday, December 12th. One investment analyst has rated the stock with a sell rating, eight have assigned a hold rating, eleven have issued a buy rating and two have issued a strong buy rating to the company's stock. According to MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus target price of $129.05.

Exxon Mobil Trading Down 0.3 %

Shares of Exxon Mobil stock traded down $0.30 during trading hours on Friday, hitting $117.59. The company's stock had a trading volume of 5,472,377 shares, compared to its average volume of 15,699,579. Exxon Mobil Co. has a 12 month low of $103.67 and a 12 month 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 company has a market capitalization of $510.23 billion, a PE ratio of 14.99, a price-to-earnings-growth ratio of 3.02 and a beta of 0.83. The stock 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 released 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 period in the prior year, the firm posted $2.48 EPS. Analysts predict 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 of this dividend was Wednesday, February 12th. Exxon Mobil's payout ratio is 50.51%.

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.