JDH Wealth Management LLC Takes Position in Exxon Mobil Co. (NYSE:XOM)

JDH Wealth Management LLC purchased a new stake in shares of Exxon Mobil Co. (NYSE:XOM - Free Report) during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 5,310 shares of the oil and gas company's stock, valued at approximately $571,000. Exxon Mobil makes up 0.5% of JDH Wealth Management LLC's investment portfolio, making the stock its 26th largest position.

A number of other hedge funds also recently bought and sold shares of the company. Retirement Wealth Solutions LLC bought a new position in Exxon Mobil in the fourth quarter worth about $46,000. Peterson Financial Group Inc. bought a new stake in shares of Exxon Mobil in the 3rd quarter worth approximately $51,000. Highline Wealth Partners LLC bought a new stake in shares of Exxon Mobil in the 3rd quarter worth approximately $54,000. Harbor Capital Advisors Inc. bought a new position in Exxon Mobil during the 3rd quarter valued at approximately $63,000. Finally, Annapolis Financial Services LLC raised its stake in Exxon Mobil by 284.9% during the third quarter. Annapolis Financial Services LLC now owns 766 shares of the oil and gas company's stock valued at $90,000 after buying an additional 567 shares during the last quarter. Institutional investors own 61.80% of the company's stock.

Exxon Mobil Stock Up 0.7 %

XOM stock traded up $0.81 on Thursday, hitting $109.48. 14,332,557 shares of the company's stock were exchanged, compared to its average volume of 15,123,164. The firm has a 50 day moving average price of $110.91 and a two-hundred day moving average price 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 12-month low of $100.42 and a 12-month high of $126.34. The stock has a market cap of $481.18 billion, a P/E ratio of 13.63, a price-to-earnings-growth 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 EPS for the quarter, topping analysts' consensus estimates of $1.91 by $0.01. Exxon Mobil had a net margin of 9.61% and a return on equity of 14.73%. The company had revenue of $90.02 billion during the quarter, compared to analysts' expectations of $93.98 billion. During the same period last year, the business earned $2.27 EPS. Exxon Mobil's revenue for the quarter was down .8% on a year-over-year basis. As a group, equities 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 announced a quarterly dividend, which was paid on Tuesday, December 10th. Investors of record on Thursday, November 14th were given a $0.99 dividend. This represents a $3.96 annualized dividend and a dividend yield of 3.62%. This is an increase from Exxon Mobil's previous quarterly dividend of $0.95. The ex-dividend date of this dividend was Thursday, November 14th. Exxon Mobil's dividend payout ratio is presently 49.32%.

Analyst Ratings Changes

Several brokerages have recently issued reports on XOM. Wolfe Research upped their target price on shares of Exxon Mobil from $137.00 to $138.00 in a research note on Thursday, October 31st. Truist Financial increased their price objective on Exxon Mobil from $117.00 to $119.00 and gave the company a "hold" rating in a research report on Monday, January 13th. Bank of America started coverage on shares of Exxon Mobil in a research note on Thursday, October 17th. They set a "neutral" rating and a $124.00 target price on the stock. Morgan Stanley cut their price objective on Exxon Mobil from $142.00 to $140.00 in a report on Thursday, October 31st. Finally, BNP Paribas downgraded shares of Exxon Mobil from a "neutral" rating to an "underperform" rating and set a $105.00 price target on the stock. in a research report on Wednesday, October 9th. One research analyst has rated the stock with a sell rating, seven have assigned 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, the company presently has an average rating of "Moderate Buy" and an average target price 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.