Exxon Mobil Co. (NYSE:XOM) Shares Acquired by Nemes Rush Group LLC

Nemes Rush Group LLC grew its position in shares of Exxon Mobil Co. (NYSE:XOM - Free Report) by 211.1% during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 72,559 shares of the oil and gas company's stock after purchasing an additional 49,239 shares during the period. Nemes Rush Group LLC's holdings in Exxon Mobil were worth $7,805,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. Principal Financial Group Inc. increased its position in shares of Exxon Mobil by 8.4% during the third quarter. Principal Financial Group Inc. now owns 6,709,202 shares of the oil and gas company's stock worth $786,453,000 after acquiring an additional 521,932 shares during the period. United Bank grew its stake in Exxon Mobil by 3.7% during the 3rd quarter. United Bank now owns 17,920 shares of the oil and gas company's stock worth $2,101,000 after purchasing an additional 641 shares in the last quarter. Tradition Wealth Management LLC raised its position in Exxon Mobil by 3.3% in the 3rd quarter. Tradition Wealth Management LLC now owns 11,384 shares of the oil and gas company's stock valued at $1,334,000 after purchasing an additional 362 shares in the last quarter. Erste Asset Management GmbH purchased a new position in shares of Exxon Mobil in the 3rd quarter valued at about $5,536,000. Finally, Benjamin Edwards Inc. grew its position in shares of Exxon Mobil by 1,494.3% during the third quarter. Benjamin Edwards Inc. now owns 492,735 shares of the oil and gas company's stock worth $57,764,000 after buying an additional 461,828 shares in the last quarter. 61.80% of the stock is currently owned by hedge funds and other institutional investors.

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Exxon Mobil Stock Performance

Shares of NYSE:XOM traded up $0.00 on Tuesday, reaching $118.93. The company's stock had a trading volume of 12,421,849 shares, compared to its average volume of 15,724,393. Exxon Mobil Co. has a 52-week low of $103.67 and a 52-week high of $126.34. The stock has a market capitalization of $516.06 billion, a P/E ratio of 15.17, a PEG ratio of 3.02 and a beta of 0.83. The stock's 50-day moving average is $111.01 and its two-hundred day moving average is $113.85. The company has a debt-to-equity ratio of 0.14, a current ratio of 1.31 and a quick ratio of 0.97.

Exxon Mobil (NYSE:XOM - Get Free Report) last posted its quarterly earnings data on Friday, January 31st. The oil and gas company reported $1.67 EPS for the quarter, missing the consensus estimate 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 previous year, the company earned $2.48 EPS. As a group, sell-side analysts forecast that Exxon Mobil Co. will post 7.43 EPS for the current year.

Exxon Mobil Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, March 10th. Investors of record on Wednesday, February 12th were given a $0.99 dividend. The ex-dividend date of this dividend was Wednesday, February 12th. This represents a $3.96 dividend on an annualized basis and a yield of 3.33%. Exxon Mobil's dividend payout ratio (DPR) is 50.51%.

Wall Street Analysts Forecast Growth

A number of research analysts recently issued reports on XOM shares. Truist Financial lifted their price target on shares of Exxon Mobil from $117.00 to $119.00 and gave the stock a "hold" rating in a research note on Monday, January 13th. JPMorgan Chase & Co. decreased their price objective on shares of Exxon Mobil from $130.00 to $125.00 and set an "overweight" rating for the company in a research report on Monday, December 16th. The Goldman Sachs Group dropped their target price on Exxon Mobil from $125.00 to $123.00 and set a "neutral" rating on the stock in a report on Friday, January 31st. Mizuho cut their price target on Exxon Mobil from $137.00 to $134.00 and set a "neutral" rating on the stock in a research note on Monday, December 16th. Finally, HSBC lowered their price objective on Exxon Mobil from $125.00 to $123.00 and set a "hold" rating for the company in a research report on Friday, January 31st. One research 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, Exxon Mobil has an average rating of "Moderate Buy" and a consensus price target of $129.05.

Insider Buying and Selling at Exxon Mobil

In other Exxon Mobil news, VP Darrin L. Talley sold 2,100 shares of Exxon Mobil stock in a transaction that occurred on Tuesday, February 4th. The stock was sold at an average price of $110.00, for a total value of $231,000.00. Following the sale, the vice president now owns 18,087 shares of the company's stock, valued at approximately $1,989,570. The trade was a 10.40 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.03% of the stock is currently owned by corporate insiders.

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.