WBH Advisory Inc. Boosts Stock Position in Exxon Mobil Co. (NYSE:XOM)

WBH Advisory Inc. lifted its position in shares of Exxon Mobil Co. (NYSE:XOM - Free Report) by 46.8% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 12,099 shares of the oil and gas company's stock after buying an additional 3,857 shares during the period. WBH Advisory Inc.'s holdings in Exxon Mobil were worth $1,302,000 as of its most recent SEC filing.

Several other large investors have also recently made changes to their positions in XOM. Keystone Financial Services lifted its position in Exxon Mobil by 3.0% during the fourth quarter. Keystone Financial Services now owns 5,980 shares of the oil and gas company's stock valued at $643,000 after buying an additional 172 shares during the period. Monument Capital Management boosted its position in shares of Exxon Mobil by 8.5% in the 4th quarter. Monument Capital Management now owns 18,762 shares of the oil and gas company's stock worth $2,018,000 after purchasing an additional 1,471 shares in the last quarter. Pinnacle Wealth Management Advisory Group LLC grew its stake in shares of Exxon Mobil by 3.1% in the 4th quarter. Pinnacle Wealth Management Advisory Group LLC now owns 24,533 shares of the oil and gas company's stock worth $2,639,000 after buying an additional 739 shares during the last quarter. Valmark Advisers Inc. increased its position in Exxon Mobil by 20.4% during the 4th quarter. Valmark Advisers Inc. now owns 65,009 shares of the oil and gas company's stock valued at $6,993,000 after buying an additional 11,013 shares in the last quarter. Finally, MOKAN Wealth Management Inc. purchased a new position in Exxon Mobil during the fourth quarter valued at $555,000. 61.80% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several equities analysts have recently weighed in on XOM shares. Scotiabank reduced their price target on Exxon Mobil from $145.00 to $140.00 in a report on Friday, January 31st. Bernstein Bank increased their target price on Exxon Mobil from $138.00 to $144.00 and gave the company an "overweight" rating in a research note on Friday, January 31st. Mizuho decreased their target price on Exxon Mobil from $137.00 to $134.00 and set a "neutral" rating for the company in a research report on Monday, December 16th. The Goldman Sachs Group decreased their target price on shares of Exxon Mobil from $125.00 to $123.00 and set a "neutral" rating for the company in a research note on Friday, January 31st. Finally, JPMorgan Chase & Co. dropped their target price on Exxon Mobil from $130.00 to $125.00 and set an "overweight" rating on the stock in a research report on Monday, December 16th. One 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 given a strong buy rating to the stock. According to data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average price target of $129.25.

Insider Buying and Selling at Exxon Mobil

In other Exxon Mobil news, VP Darrin L. Talley sold 2,100 shares of the business's stock in a transaction 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 transaction, the vice president now owns 18,087 shares in the company, 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 SEC, which is available at this link. Company insiders own 0.03% of the company's stock.

Exxon Mobil Price Performance

Shares of XOM traded down $1.16 during midday trading on Friday, hitting $110.84. 6,684,855 shares of the company traded hands, compared to its average volume of 14,759,757. Exxon Mobil Co. has a 52 week low of $102.88 and a 52 week high of $126.34. The company has a debt-to-equity ratio of 0.14, a quick ratio of 0.97 and a current ratio of 1.31. The firm has a 50 day moving average of $108.60 and a 200-day moving average of $114.52. The stock has a market cap of $487.14 billion, a price-to-earnings ratio of 14.15, a PEG ratio of 2.97 and a beta of 0.89.

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 in the previous year, the firm earned $2.48 EPS. On average, analysts forecast that Exxon Mobil Co. will post 7.43 EPS for the current fiscal year.

Exxon Mobil Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, March 10th. Investors of record on Wednesday, February 12th will be given a $0.99 dividend. The ex-dividend date is Wednesday, February 12th. This represents a $3.96 annualized dividend and a yield of 3.57%. Exxon Mobil's dividend payout ratio is currently 50.51%.

Exxon Mobil Company 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.