Nwam LLC Purchases New Holdings in Exxon Mobil Co. (NYSE:XOM)

Nwam LLC acquired a new stake in Exxon Mobil Co. (NYSE:XOM - Free Report) in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 140,322 shares of the oil and gas company's stock, valued at approximately $16,449,000. Exxon Mobil makes up approximately 1.0% of Nwam LLC's portfolio, making the stock its 15th biggest position.

Other large investors also recently bought and sold shares of the company. Fairway Wealth LLC acquired a new stake in shares of Exxon Mobil during the second quarter worth approximately $35,000. Anfield Capital Management LLC lifted its stake 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 purchasing an additional 252 shares during the last quarter. Fairscale Capital LLC bought a new position in Exxon Mobil during the second quarter worth $39,000. POM Investment Strategies LLC lifted its stake in Exxon Mobil by 918.9% during the second 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 bought a new position in Exxon Mobil during the second quarter worth $46,000. Institutional investors and hedge funds own 61.80% of the company's stock.

Exxon Mobil Trading Down 0.1 %

NYSE XOM traded down $0.15 on Friday, reaching $121.79. The company had a trading volume of 13,145,548 shares, compared to its average volume of 16,261,188. The stock's 50 day moving average is $119.18 and its 200-day moving average is $116.51. The stock has a market cap of $535.26 billion, a price-to-earnings ratio of 15.24, a PEG ratio of 4.97 and a beta of 0.90. The company has a quick ratio of 1.01, a current ratio of 1.35 and a debt-to-equity ratio of 0.13. Exxon Mobil Co. has a 52 week low of $95.77 and a 52 week high of $126.34.

Exxon Mobil (NYSE:XOM - Get Free Report) last announced its quarterly earnings results on Friday, November 1st. The oil and gas company reported $1.92 earnings per share (EPS) for the quarter, topping the consensus estimate 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 the consensus estimate of $93.98 billion. During the same period in the prior year, the company earned $2.27 earnings per share. The company's revenue for the quarter was down .8% compared to the same quarter last year. Equities analysts predict that Exxon Mobil Co. will post 7.95 earnings per share for the current year.

Exxon Mobil Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 10th. Investors of record on Thursday, November 14th will be issued a dividend of $0.99 per share. The ex-dividend date of this dividend is Thursday, November 14th. This is an increase from Exxon Mobil's previous quarterly dividend of $0.95. This represents a $3.96 dividend on an annualized basis and a dividend yield of 3.25%. Exxon Mobil's dividend payout ratio (DPR) is presently 49.32%.

Wall Street Analyst Weigh In

XOM has been the topic of several research analyst reports. BNP Paribas cut Exxon Mobil from a "neutral" rating to an "underperform" rating and set a $105.00 price objective on the stock. in a research note on Wednesday, October 9th. Wolfe Research raised their target price on Exxon Mobil from $137.00 to $138.00 in a research note on Thursday, October 31st. Truist Financial cut their target price 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. BMO Capital Markets raised their target price on Exxon Mobil from $127.00 to $130.00 and gave the company a "market perform" rating in a research note on Friday, October 4th. Finally, Morgan Stanley cut their target price on Exxon Mobil from $142.00 to $140.00 in a research note on Thursday, October 31st. One research analyst has rated the stock with a sell rating, eight have assigned a hold rating, ten have given a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $130.21.

About Exxon Mobil

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.