4,007 Shares in Exxon Mobil Co. (NYSE:XOM) Bought by Yoffe Investment Management LLC

Yoffe Investment Management LLC acquired a new stake in Exxon Mobil Co. (NYSE:XOM - Free Report) in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 4,007 shares of the oil and gas company's stock, valued at approximately $431,000.

Several other large investors have also recently bought and sold shares of XOM. Rockline Wealth Management LLC grew its position in Exxon Mobil by 6.1% during the fourth quarter. Rockline Wealth Management LLC now owns 25,918 shares of the oil and gas company's stock worth $2,788,000 after buying an additional 1,498 shares in the last quarter. Renasant Bank boosted its position in shares of Exxon Mobil by 5.0% during the 4th quarter. Renasant Bank now owns 10,369 shares of the oil and gas company's stock valued at $1,115,000 after acquiring an additional 493 shares in the last quarter. Helen Stephens Group LLC grew its stake in shares of Exxon Mobil by 7.3% in the 4th quarter. Helen Stephens Group LLC now owns 41,637 shares of the oil and gas company's stock valued at $4,479,000 after purchasing an additional 2,825 shares during the period. Hartford Funds Management Co LLC acquired a new position in Exxon Mobil during the fourth quarter worth $543,000. Finally, Coldstream Capital Management Inc. lifted its holdings in shares of Exxon Mobil by 13.7% during the third quarter. Coldstream Capital Management Inc. now owns 135,660 shares of the oil and gas company's stock valued at $15,936,000 after acquiring an additional 16,392 shares during the period. 61.80% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Exxon Mobil

In other news, VP Darrin L. Talley sold 2,100 shares of the stock in a transaction dated Tuesday, February 4th. The shares were sold at an average price of $110.00, for a total transaction of $231,000.00. Following the completion of the transaction, the vice president now directly owns 18,087 shares in the company, valued at $1,989,570. This represents a 10.40 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. 0.03% of the stock is owned by insiders.

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Exxon Mobil Stock Down 2.7 %

XOM traded down $2.86 during trading on Monday, hitting $101.48. The company had a trading volume of 16,651,206 shares, compared to its average volume of 15,745,624. The company has a market capitalization of $440.32 billion, a PE ratio of 12.89, a PEG ratio of 3.02 and a beta of 0.60. The company has a quick ratio of 0.97, a current ratio of 1.31 and a debt-to-equity ratio of 0.14. Exxon Mobil Co. has a one year low of $98.59 and a one year high of $126.34. The firm's 50-day moving average price is $111.16 and its 200 day moving average price is $113.81.

Exxon Mobil (NYSE:XOM - Get Free Report) last issued its quarterly earnings results on Friday, January 31st. The oil and gas company reported $1.67 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 period in the prior year, the business earned $2.48 earnings per share. As a group, equities analysts expect that Exxon Mobil Co. will post 7.43 earnings per share for the current year.

Exxon Mobil Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, March 10th. Stockholders of record on Wednesday, February 12th were paid a dividend of $0.99 per share. The ex-dividend date of this dividend was Wednesday, February 12th. This represents a $3.96 annualized dividend and a dividend yield of 3.90%. Exxon Mobil's dividend payout ratio is currently 50.51%.

Wall Street Analysts Forecast Growth

Several brokerages have recently commented on XOM. Mizuho reduced their target price on Exxon Mobil from $131.00 to $129.00 and set a "neutral" rating on the stock in a report on Thursday. Scotiabank dropped their price objective on shares of Exxon Mobil from $145.00 to $140.00 in a research report on Friday, January 31st. TD Cowen cut their price target on Exxon Mobil from $132.00 to $128.00 and set a "buy" rating on the stock in a research note on Monday, December 16th. BMO Capital Markets dropped their price objective on Exxon Mobil from $130.00 to $123.00 and set a "market perform" rating for the company in a report on Friday, January 31st. Finally, Piper Sandler reduced their target price on shares of Exxon Mobil from $138.00 to $127.00 and set an "overweight" rating on the stock in a research note on Thursday, December 19th. One equities research analyst has rated the stock with a sell rating, eight have given a hold rating, eleven have assigned a buy rating and two have assigned a strong buy rating to the company's stock. According to MarketBeat, Exxon Mobil currently has an average rating of "Moderate Buy" and an average price target of $128.80.

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.