Nabity Jensen Investment Management Inc Makes New $667,000 Investment in Exxon Mobil Co. (NYSE:XOM)

Nabity Jensen Investment Management Inc acquired a new position in shares of Exxon Mobil Co. (NYSE:XOM - Free Report) during the 3rd quarter, according to its most recent 13F filing with the SEC. The firm acquired 5,689 shares of the oil and gas company's stock, valued at approximately $667,000.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. Fairway Wealth LLC purchased a new stake in Exxon Mobil in the second quarter valued at about $35,000. Anfield Capital Management LLC raised its position in Exxon Mobil by 360.0% during the second quarter. Anfield Capital Management LLC now owns 322 shares of the oil and gas company's stock worth $37,000 after acquiring an additional 252 shares during the period. Fairscale Capital LLC purchased a new position in shares of Exxon Mobil in the second quarter valued at approximately $39,000. POM Investment Strategies LLC boosted its stake in Exxon Mobil by 918.9% during the 2nd quarter. POM Investment Strategies LLC now owns 377 shares of the oil and gas company's stock worth $43,000 after purchasing an additional 340 shares during the last quarter. Finally, Hershey Financial Advisers LLC purchased a new position in Exxon Mobil in the 2nd quarter worth approximately $46,000. Institutional investors own 61.80% of the company's stock.

Exxon Mobil Stock Performance

Exxon Mobil stock traded down $0.65 during trading hours on Monday, hitting $112.92. The company had a trading volume of 17,363,003 shares, compared to its average volume of 16,231,104. Exxon Mobil Co. has a one year low of $95.77 and a one year high of $126.34. The firm has a market cap of $496.29 billion, a PE ratio of 14.28, a PEG ratio of 4.77 and a beta of 0.89. The firm has a 50-day moving average of $119.77 and a 200 day moving average of $116.47. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.35 and a quick ratio of 1.01.

Exxon Mobil (NYSE:XOM - Get Free Report) last issued 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. The firm had revenue of $90.02 billion for the quarter, compared to the consensus estimate of $93.98 billion. Exxon Mobil had a return on equity of 14.73% and a net margin of 9.61%. The company's revenue was down .8% compared to the same quarter last year. During the same quarter last year, the business posted $2.27 EPS. On average, sell-side analysts expect that Exxon Mobil Co. will post 7.94 earnings per share for the current year.

Exxon Mobil Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, December 10th. Shareholders of record on Thursday, November 14th will be given a $0.99 dividend. The ex-dividend date is Thursday, November 14th. This is an increase from Exxon Mobil's previous quarterly dividend of $0.95. This represents a $3.96 annualized dividend and a yield of 3.51%. Exxon Mobil's dividend payout ratio (DPR) is currently 49.32%.

Analysts Set New Price Targets

A number of research analysts have commented on XOM shares. JPMorgan Chase & Co. upped their target price on shares of Exxon Mobil from $127.00 to $128.00 in a research report on Thursday, October 31st. Truist Financial cut their price target on Exxon Mobil from $121.00 to $117.00 and set a "hold" rating on the stock in a research note on Monday, September 30th. Mizuho upped their target price on shares of Exxon Mobil from $128.00 to $130.00 and gave the company a "neutral" rating in a report on Monday, September 16th. Bank of America assumed coverage on Exxon Mobil in a report on Thursday, October 17th. They issued a "neutral" rating and a $124.00 price objective for the company. Finally, Scotiabank upgraded shares of Exxon Mobil from a "sector perform" rating to a "sector outperform" rating and lifted their price objective for the company from $129.00 to $145.00 in a research report on Thursday, October 10th. One analyst has rated the stock with a sell rating, eight have issued a hold rating, nine have assigned a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $129.95.

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.