Adamsbrown Wealth Consultants LLC raised its position in shares of Exxon Mobil Co. (NYSE:XOM – Get Rating) by 14.9% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 18,117 shares of the oil and gas company’s stock after acquiring an additional 2,346 shares during the period. Exxon Mobil makes up approximately 1.2% of Adamsbrown Wealth Consultants LLC’s holdings, making the stock its 16th biggest holding. Adamsbrown Wealth Consultants LLC’s holdings in Exxon Mobil were worth $1,998,000 at the end of the most recent quarter.
Other hedge funds and other institutional investors have also recently modified their holdings of the company. Wealthquest Corp raised its position in Exxon Mobil by 1.4% during the third quarter. Wealthquest Corp now owns 6,629 shares of the oil and gas company’s stock valued at $578,000 after purchasing an additional 89 shares during the period. Smart Money Group LLC increased its position in shares of Exxon Mobil by 3.8% during the 4th quarter. Smart Money Group LLC now owns 2,468 shares of the oil and gas company’s stock valued at $272,000 after purchasing an additional 91 shares during the last quarter. Tarbox Family Office Inc. increased its position in shares of Exxon Mobil by 1.2% during the 4th quarter. Tarbox Family Office Inc. now owns 7,968 shares of the oil and gas company’s stock valued at $879,000 after purchasing an additional 93 shares during the last quarter. FourThought Financial LLC raised its holdings in Exxon Mobil by 0.3% during the 3rd quarter. FourThought Financial LLC now owns 31,022 shares of the oil and gas company’s stock valued at $2,709,000 after buying an additional 94 shares during the period. Finally, Wilson & Boucher Capital Management LLC lifted its position in Exxon Mobil by 1.8% in the third quarter. Wilson & Boucher Capital Management LLC now owns 5,445 shares of the oil and gas company’s stock worth $475,000 after buying an additional 95 shares during the last quarter. 57.49% of the stock is currently owned by institutional investors.
Insider Activity at Exxon Mobil
In other news, VP Darrin L. Talley sold 2,500 shares of the company’s stock in a transaction on Wednesday, February 1st. The stock was sold at an average price of $115.50, for a total transaction of $288,750.00. Following the transaction, the vice president now directly owns 31,772 shares of the company’s stock, valued at $3,669,666. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. 0.04% of the stock is currently owned by corporate insiders.
Analysts Set New Price Targets
Exxon Mobil Stock Up 0.5 %
Exxon Mobil stock opened at $115.77 on Friday. The company has a quick ratio of 1.06, a current ratio of 1.41 and a debt-to-equity ratio of 0.20. The firm has a market cap of $471.30 billion, a P/E ratio of 8.73, a P/E/G ratio of 0.53 and a beta of 1.08. The business has a fifty day moving average of $110.75 and a two-hundred day moving average of $108.55. Exxon Mobil Co. has a twelve month low of $79.29 and a twelve month high of $119.63.
Exxon Mobil (NYSE:XOM – Get Rating) last issued its quarterly earnings data on Tuesday, January 31st. The oil and gas company reported $3.40 earnings per share for the quarter, beating analysts’ consensus estimates of $3.32 by $0.08. The company had revenue of $95.43 billion for the quarter, compared to the consensus estimate of $90.21 billion. Exxon Mobil had a return on equity of 31.25% and a net margin of 13.47%. The firm’s revenue for the quarter was up 12.3% compared to the same quarter last year. During the same quarter last year, the company earned $2.05 earnings per share. On average, analysts forecast that Exxon Mobil Co. will post 10.02 earnings per share for the current fiscal year.
Exxon Mobil Dividend Announcement
The company also recently disclosed a quarterly dividend, which was paid on Friday, March 10th. Investors of record on Tuesday, February 14th were paid a dividend of $0.91 per share. The ex-dividend date was Monday, February 13th. This represents a $3.64 annualized dividend and a dividend yield of 3.14%. Exxon Mobil’s dividend payout ratio (DPR) is presently 27.45%.
Exxon Mobil Company Profile
Exxon Mobil Corp. engages in the exploration, development, and distribution of oil, gas, and petroleum products. It operates through the following segments: Upstream, Downstream and Chemical. The Upstream segment produces crude oil and natural gas. The Downstream segment manufactures and trades petroleum products.
Featured Stories
- Get a free copy of the StockNews.com research report on Exxon Mobil (XOM)
- Delta Airlines Is Ready To Fly Higher
- Global Payments Climbs After Goldman Sachs Upgrade
- Fastenal Is At A Critical Turning Point
- 3 Healthcare Stocks Insiders Are Buying
- Novo Nordisk Charges Higher and Could be Just Getting Started
Want to see what other hedge funds are holding XOM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Exxon Mobil Co. (NYSE:XOM – Get Rating).
Receive News & Ratings for Exxon Mobil Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Exxon Mobil and related companies with MarketBeat.com's FREE daily email newsletter.
