Free Trial

Financial Engines Advisors L.L.C. Has $1.60 Million Position in Exxon Mobil Co. (NYSE:XOM)

Exxon Mobil logo with Energy background
Remove Ads

Financial Engines Advisors L.L.C. grew its position in shares of Exxon Mobil Co. (NYSE:XOM - Free Report) by 59.3% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 14,896 shares of the oil and gas company's stock after purchasing an additional 5,543 shares during the period. Financial Engines Advisors L.L.C.'s holdings in Exxon Mobil were worth $1,602,000 at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. Financial Counselors Inc. lifted its position in Exxon Mobil by 1.4% during the fourth quarter. Financial Counselors Inc. now owns 597,403 shares of the oil and gas company's stock worth $64,263,000 after buying an additional 8,400 shares during the period. Morey & Quinn Wealth Partners LLC acquired a new position in shares of Exxon Mobil during the 4th quarter valued at about $718,000. Ipsen Advisor Group LLC purchased a new position in shares of Exxon Mobil during the 4th quarter worth about $688,000. Murphy & Mullick Capital Management Corp acquired a new stake in shares of Exxon Mobil in the fourth quarter worth approximately $91,000. Finally, BG Investment Services Inc. purchased a new stake in Exxon Mobil in the fourth quarter valued at approximately $311,000. Institutional investors and hedge funds own 61.80% of the company's stock.

Insider Buying and Selling

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 transaction, the vice president now directly owns 18,087 shares of the company's stock, valued at $1,989,570. This trade represents a 10.40 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Insiders own 0.03% of the company's stock.

Remove Ads

Exxon Mobil Stock Performance

Shares of XOM traded down $0.23 during mid-day trading on Friday, reaching $117.66. 10,220,644 shares of the company's stock traded hands, compared to its average volume of 15,706,266. The company has a debt-to-equity ratio of 0.14, a quick ratio of 0.97 and a current ratio of 1.31. The business's 50-day moving average price is $110.73 and its 200-day moving average price is $113.71. The stock has a market capitalization of $510.53 billion, a P/E ratio of 15.01, a price-to-earnings-growth ratio of 3.02 and a beta of 0.83. Exxon Mobil Co. has a 12 month low of $103.67 and a 12 month high of $126.34.

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 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.77 by ($0.10). Exxon Mobil had a net margin of 9.63% and a return on equity of 12.92%. During the same period in the prior year, the business earned $2.48 EPS. Equities analysts predict that Exxon Mobil Co. will post 7.43 earnings per share for the current year.

Exxon Mobil Announces Dividend

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

Analyst Upgrades and Downgrades

A number of brokerages have weighed in on XOM. Mizuho decreased their price target on shares of Exxon Mobil from $137.00 to $134.00 and set a "neutral" rating on the stock in a report on Monday, December 16th. Wells Fargo & Company reduced their target price on Exxon Mobil from $136.00 to $135.00 and set an "overweight" rating on the stock in a report on Monday, February 3rd. Argus upgraded Exxon Mobil to a "strong-buy" rating in a research note on Tuesday, February 4th. Barclays reduced their price objective on Exxon Mobil from $137.00 to $135.00 and set an "overweight" rating on the stock in a research note on Tuesday, March 18th. Finally, Royal Bank of Canada reaffirmed a "sector perform" rating and issued a $115.00 price target on shares of Exxon Mobil in a report on Monday, February 3rd. One investment analyst has rated the stock with a sell rating, eight have given a hold rating, eleven have assigned a buy rating and two have issued a strong buy rating to the company's stock. Based on data from MarketBeat, Exxon Mobil currently has a consensus rating of "Moderate Buy" and a consensus target price of $129.05.

View Our Latest Stock Analysis on XOM

About Exxon Mobil

(Free Report)

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.

Recommended Stories

Institutional Ownership by Quarter for Exxon Mobil (NYSE:XOM)

Should You Invest $1,000 in Exxon Mobil Right Now?

Before you consider Exxon Mobil, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Exxon Mobil wasn't on the list.

While Exxon Mobil currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

Metaverse Stocks And Why You Can't Ignore Them Cover

Thinking about investing in Meta, Roblox, or Unity? Enter your email to learn what streetwise investors need to know about the metaverse and public markets before making an investment.

Get This Free Report
Like this article? Share it with a colleague.
Remove Ads

Featured Articles and Offers

Recent Videos

Time to Buy SoFi? Fintech’s Next Big Move
3 Chip Stocks Primed for a Comeback—Have They Found the Bottom?
Why Palantir’s Future Just Got a Massive Boost

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines

Remove Ads