Foundations Investment Advisors LLC Buys 39,693 Shares of Exxon Mobil Co. (NYSE:XOM)

Foundations Investment Advisors LLC boosted its position in Exxon Mobil Co. (NYSE:XOM - Free Report) by 15.3% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 299,874 shares of the oil and gas company's stock after buying an additional 39,693 shares during the quarter. Foundations Investment Advisors LLC's holdings in Exxon Mobil were worth $32,257,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also recently made changes to their positions in the company. International Assets Investment Management LLC boosted its holdings in shares of Exxon Mobil by 7,761.0% in the third 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 acquiring an additional 6,805,982 shares during the period. Pacer Advisors Inc. lifted its holdings in Exxon Mobil by 1,524.1% during the 4th quarter. Pacer Advisors Inc. now owns 5,445,922 shares of the oil and gas company's stock worth $585,818,000 after purchasing an additional 5,110,603 shares in the last quarter. Franklin Resources Inc. boosted its stake 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 period. Assenagon Asset Management S.A. grew its holdings in Exxon Mobil by 168.5% during the 3rd quarter. Assenagon Asset Management S.A. now owns 4,530,457 shares of the oil and gas company's stock valued at $531,060,000 after buying an additional 2,842,844 shares in the last quarter. Finally, Geode Capital Management LLC increased its position in shares of Exxon Mobil by 1.8% during the third quarter. Geode Capital Management LLC now owns 92,194,981 shares of the oil and gas company's stock valued at $10,777,735,000 after buying an additional 1,622,064 shares during the period. 61.80% of the stock is currently owned by institutional investors.

Exxon Mobil Trading Up 0.7 %

NYSE:XOM traded up $0.81 during trading hours on Thursday, reaching $109.48. The company's stock had a trading volume of 14,330,775 shares, compared to its average volume of 15,121,210. The firm has a 50-day simple moving average of $110.91 and a 200-day simple moving average of $115.33. The company has a debt-to-equity ratio of 0.13, a quick ratio of 1.01 and a current ratio of 1.35. Exxon Mobil Co. has a 1 year low of $100.42 and a 1 year high of $126.34. The firm has a market capitalization of $481.18 billion, a price-to-earnings ratio of 13.63, a PEG ratio of 2.86 and a beta of 0.91.

Exxon Mobil (NYSE:XOM - Get Free Report) last released its 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. Exxon Mobil had a return on equity of 14.73% and a net margin of 9.61%. The company had revenue of $90.02 billion during the quarter, compared to analyst estimates of $93.98 billion. During the same quarter in the previous year, the company posted $2.27 EPS. Exxon Mobil's revenue for the quarter was down .8% on a year-over-year basis. Research analysts expect that Exxon Mobil Co. will post 7.77 EPS for the current fiscal year.

Exxon Mobil Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, December 10th. Investors of record on Thursday, November 14th were issued a dividend of $0.99 per share. This is a positive change from Exxon Mobil's previous quarterly dividend of $0.95. This represents a $3.96 dividend on an annualized basis and a yield of 3.62%. The ex-dividend date was Thursday, November 14th. Exxon Mobil's dividend payout ratio is currently 49.32%.

Wall Street Analysts Forecast Growth

Several equities analysts recently commented on XOM shares. Barclays reduced their price objective on shares of Exxon Mobil from $142.00 to $137.00 and set an "overweight" rating for the company in a research note on Thursday, October 3rd. Scotiabank upgraded shares of Exxon Mobil from a "sector perform" rating to a "sector outperform" rating and boosted their price target for the company from $129.00 to $145.00 in a research report on Thursday, October 10th. JPMorgan Chase & Co. lowered their price objective on Exxon Mobil from $130.00 to $125.00 and set an "overweight" rating on the stock in a research report on Monday, December 16th. TD Cowen dropped their price objective on Exxon Mobil from $132.00 to $128.00 and set a "buy" rating for the company in a research note on Monday, December 16th. Finally, Piper Sandler decreased their target price on Exxon Mobil from $138.00 to $127.00 and set an "overweight" rating on the stock in a research note on Thursday, December 19th. One analyst has rated the stock with a sell rating, seven have issued a hold rating, ten have assigned a buy rating and one has given a strong buy rating to the company. According to MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $128.84.

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.