Exxon Mobil Co. (NYSE:XOM) Shares Purchased by Park Avenue Securities LLC

Park Avenue Securities LLC boosted its holdings in shares of Exxon Mobil Co. (NYSE:XOM - Free Report) by 8.3% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 110,317 shares of the oil and gas company's stock after acquiring an additional 8,490 shares during the period. Park Avenue Securities LLC's holdings in Exxon Mobil were worth $11,867,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also modified their holdings of the business. Global Wealth Management Investment Advisory Inc. lifted its holdings in shares of Exxon Mobil by 10.7% during the 3rd quarter. Global Wealth Management Investment Advisory Inc. now owns 47,195 shares of the oil and gas company's stock valued at $5,532,000 after purchasing an additional 4,578 shares during the last quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp increased its holdings in shares of Exxon Mobil by 79.4% during the second quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp now owns 859,226 shares of the oil and gas company's stock valued at $98,914,000 after acquiring an additional 380,399 shares in the last quarter. Blair William & Co. IL raised its position in shares of Exxon Mobil by 64.6% in the 2nd quarter. Blair William & Co. IL now owns 967,618 shares of the oil and gas company's stock valued at $111,392,000 after purchasing an additional 379,747 shares during the last quarter. Massmutual Trust Co. FSB ADV grew its position in Exxon Mobil by 4.7% during the 3rd quarter. Massmutual Trust Co. FSB ADV now owns 133,140 shares of the oil and gas company's stock worth $15,607,000 after purchasing an additional 5,985 shares during the last quarter. Finally, Brooklyn Investment Group raised its holdings in shares of Exxon Mobil by 36.8% in the third quarter. Brooklyn Investment Group now owns 25,127 shares of the oil and gas company's stock worth $2,945,000 after buying an additional 6,753 shares during the last quarter. Institutional investors own 61.80% of the company's stock.

Exxon Mobil Price Performance

NYSE XOM traded down $0.19 during trading hours on Thursday, hitting $111.32. 10,351,484 shares of the company's stock traded hands, compared to its average volume of 14,547,209. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.35 and a quick ratio of 1.01. The firm's 50-day moving average is $112.93 and its 200-day moving average is $115.55. Exxon Mobil Co. has a 52-week low of $95.77 and a 52-week high of $126.34. The company has a market capitalization of $489.27 billion, a PE ratio of 13.86, a PEG ratio of 2.70 and a beta of 0.91.

Exxon Mobil (NYSE:XOM - Get Free Report) last posted its quarterly earnings results on Friday, November 1st. The oil and gas company reported $1.92 EPS for the quarter, beating the consensus estimate of $1.91 by $0.01. The firm had revenue of $90.02 billion during the quarter, compared to analysts' expectations of $93.98 billion. Exxon Mobil had a return on equity of 14.73% and a net margin of 9.61%. The business's revenue for the quarter was down .8% on a year-over-year basis. During the same quarter last year, the firm earned $2.27 earnings per share. Equities analysts forecast that Exxon Mobil Co. will post 7.86 EPS for the current fiscal year.

Exxon Mobil Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, December 10th. Investors of record on Thursday, November 14th were given a dividend of $0.99 per share. This is a boost from Exxon Mobil's previous quarterly dividend of $0.95. This represents a $3.96 annualized dividend and a yield of 3.56%. The ex-dividend date was Thursday, November 14th. Exxon Mobil's dividend payout ratio (DPR) is presently 49.32%.

Wall Street Analysts Forecast Growth

Several research firms have weighed in on XOM. Bank of America started coverage on Exxon Mobil in a research note on Thursday, October 17th. They set a "neutral" rating and a $124.00 price target on the stock. JPMorgan Chase & Co. reduced their target price on shares of Exxon Mobil from $130.00 to $125.00 and set an "overweight" rating for the company in a report on Monday, December 16th. BMO Capital Markets increased their price target on Exxon Mobil from $127.00 to $130.00 and gave the stock a "market perform" rating in a research report on Friday, October 4th. Piper Sandler lowered 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. Finally, Wolfe Research boosted their price target on Exxon Mobil from $137.00 to $138.00 in a report on Thursday, October 31st. One research analyst has rated the stock with a sell rating, seven have given a hold rating, ten have given a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, the stock 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.