Exxon Mobil Co. (NYSE:XOM) Holdings Lifted by Townsquare Capital LLC

Townsquare Capital LLC lifted its holdings in shares of Exxon Mobil Co. (NYSE:XOM - Free Report) by 5.6% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 264,023 shares of the oil and gas company's stock after purchasing an additional 13,983 shares during the period. Townsquare Capital LLC's holdings in Exxon Mobil were worth $28,401,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. West Oak Capital LLC lifted its holdings in Exxon Mobil by 0.6% in the 4th quarter. West Oak Capital LLC now owns 16,207 shares of the oil and gas company's stock valued at $1,743,000 after purchasing an additional 92 shares in the last quarter. Beacon Capital Management LLC increased its stake in Exxon Mobil by 1.1% in the fourth quarter. Beacon Capital Management LLC now owns 8,582 shares of the oil and gas company's stock valued at $923,000 after purchasing an additional 93 shares during the last quarter. Cadent Capital Advisors LLC boosted its stake in Exxon Mobil by 0.3% in the 4th quarter. Cadent Capital Advisors LLC now owns 37,372 shares of the oil and gas company's stock worth $4,020,000 after buying an additional 94 shares during the last quarter. Lincoln Capital LLC grew its holdings in Exxon Mobil by 1.1% in the fourth quarter. Lincoln Capital LLC now owns 8,521 shares of the oil and gas company's stock valued at $917,000 after purchasing an additional 94 shares during the period. Finally, Altus Wealth Group LLC increased its position in Exxon Mobil by 0.9% during the fourth quarter. Altus Wealth Group LLC now owns 10,130 shares of the oil and gas company's stock worth $1,090,000 after purchasing an additional 94 shares during the last quarter. Institutional investors and hedge funds own 61.80% of the company's stock.

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Insider Activity

In related news, VP Darrin L. Talley sold 2,100 shares of Exxon Mobil stock in a transaction dated Tuesday, February 4th. The stock was sold at an average price of $110.00, for a total transaction of $231,000.00. Following the transaction, the vice president now directly owns 18,087 shares of the company's stock, valued at $1,989,570. The trade was a 10.40 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Insiders own 0.03% of the company's stock.

Analyst Ratings Changes

XOM has been the topic of several research reports. HSBC cut their target price on Exxon Mobil from $125.00 to $123.00 and set a "hold" rating on the stock in a research report on Friday, January 31st. Truist Financial raised their price target on shares of Exxon Mobil from $117.00 to $119.00 and gave the company a "hold" rating in a report on Monday, January 13th. TD Cowen decreased their price objective on shares of Exxon Mobil from $132.00 to $128.00 and set a "buy" rating for the company in a research note on Monday, December 16th. Royal Bank of Canada reissued a "sector perform" rating and issued a $115.00 target price on shares of Exxon Mobil in a research note on Monday, February 3rd. Finally, JPMorgan Chase & Co. reduced their price objective on Exxon Mobil from $130.00 to $125.00 and set an "overweight" rating on the stock in a research note on Monday, December 16th. One equities 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 assigned a strong buy rating to the company's stock. According to MarketBeat.com, Exxon Mobil presently has a consensus rating of "Moderate Buy" and a consensus price target of $126.75.

Exxon Mobil Stock Performance

NYSE:XOM traded up $0.17 during midday trading on Monday, reaching $103.31. 18,018,068 shares of the company traded hands, compared to its average volume of 15,991,337. The company has a debt-to-equity ratio of 0.14, a current ratio of 1.31 and a quick ratio of 0.97. The firm has a market capitalization of $446.85 billion, a price-to-earnings ratio of 13.18, a price-to-earnings-growth ratio of 3.02 and a beta of 0.61. Exxon Mobil Co. has a twelve month low of $97.80 and a twelve month high of $126.34. The company has a fifty day moving average price of $110.33 and a 200 day moving average price of $113.19.

Exxon Mobil (NYSE:XOM - Get Free Report) last issued its quarterly earnings data on Friday, January 31st. The oil and gas company reported $1.67 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.77 by ($0.10). Exxon Mobil had a return on equity of 12.92% and a net margin of 9.63%. During the same period last year, the company earned $2.48 EPS. On average, analysts expect that Exxon Mobil Co. will post 7.43 EPS for the current fiscal year.

Exxon Mobil Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, March 10th. Shareholders of record on Wednesday, February 12th were given a dividend of $0.99 per share. The ex-dividend date was Wednesday, February 12th. This represents a $3.96 dividend on an annualized basis and a dividend yield of 3.83%. Exxon Mobil's dividend payout ratio (DPR) is 50.51%.

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.