RFG Bristol Wealth Advisors LLC bought a new position in shares of Exxon Mobil Co. (NYSE:XOM - Free Report) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 36,113 shares of the oil and gas company's stock, valued at approximately $3,885,000. Exxon Mobil comprises approximately 1.3% of RFG Bristol Wealth Advisors LLC's investment portfolio, making the stock its 20th biggest holding.
A number of other large investors have also recently made changes to their positions in the stock. Discovery Capital Management LLC CT bought a new stake in Exxon Mobil during the 4th quarter valued at $66,414,000. Trexquant Investment LP purchased a new position in shares of Exxon Mobil during the fourth quarter valued at $14,853,000. May Hill Capital LLC bought a new stake in shares of Exxon Mobil in the fourth quarter valued at about $673,000. Headlands Technologies LLC purchased a new stake in Exxon Mobil in the fourth quarter worth about $8,542,000. Finally, Lokken Investment Group LLC grew its holdings in Exxon Mobil by 1.7% during the 4th quarter. Lokken Investment Group LLC now owns 13,814 shares of the oil and gas company's stock worth $1,486,000 after acquiring an additional 231 shares in the last quarter. 61.80% of the stock is owned by hedge funds and other institutional investors.
Analyst Upgrades and Downgrades
Several research firms have recently commented on XOM. Bernstein Bank boosted their price target on shares of Exxon Mobil from $138.00 to $144.00 and gave the company an "overweight" rating in a report on Friday, January 31st. Scotiabank dropped their price objective on Exxon Mobil from $145.00 to $140.00 in a research report on Friday, January 31st. HSBC lowered their price target on shares of Exxon Mobil from $125.00 to $123.00 and set a "hold" rating on the stock in a report on Friday, January 31st. Argus upgraded shares of Exxon Mobil to a "strong-buy" rating in a research note on Tuesday, February 4th. Finally, Truist Financial raised their target price on shares of Exxon Mobil from $117.00 to $119.00 and gave the company a "hold" rating in a research note on Monday, January 13th. One equities research analyst has rated the stock with a sell rating, eight have issued a hold rating, eleven have assigned a buy rating and two have assigned a strong buy rating to the company. According to data from MarketBeat, Exxon Mobil has an average rating of "Moderate Buy" and a consensus target price of $128.80.
Check Out Our Latest Research Report on Exxon Mobil
Exxon Mobil Stock Performance
NYSE:XOM traded down $8.26 during midday trading on Friday, hitting $104.17. The company's stock had a trading volume of 30,827,385 shares, compared to its average volume of 15,739,626. 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 Co. has a fifty-two week low of $103.67 and a fifty-two week high of $126.34. The firm's 50 day moving average is $111.16 and its 200-day moving average is $113.81. The firm has a market cap of $452.01 billion, a P/E ratio of 13.29, a P/E/G ratio of 3.02 and a beta of 0.60.
Exxon Mobil (NYSE:XOM - Get Free Report) last posted its earnings results on Friday, January 31st. The oil and gas company reported $1.67 earnings per share (EPS) for the quarter, missing analysts' consensus estimates 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 quarter last year, the company earned $2.48 EPS. Equities analysts anticipate that Exxon Mobil Co. will post 7.43 earnings per share for the current fiscal year.
Exxon Mobil Announces Dividend
The business also recently announced a quarterly dividend, which was paid on Monday, March 10th. Investors of record on Wednesday, February 12th were issued a dividend of $0.99 per share. This represents a $3.96 annualized dividend and a yield of 3.80%. The ex-dividend date of this dividend was Wednesday, February 12th. Exxon Mobil's dividend payout ratio (DPR) is 50.51%.
Insider Activity at Exxon Mobil
In other news, VP Darrin L. Talley sold 2,100 shares of the firm's stock in a transaction that occurred on Tuesday, February 4th. The shares were sold at an average price of $110.00, for a total transaction of $231,000.00. Following the sale, the vice president now owns 18,087 shares of the company's stock, valued at $1,989,570. This trade represents a 10.40 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 0.03% of the stock is owned by company insiders.
Exxon Mobil Company Profile
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Free Report)
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.
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