2,767 Shares in Exxon Mobil Co. (NYSE:XOM) Purchased by Solutions 4 Wealth Ltd

Solutions 4 Wealth Ltd acquired a new stake in shares of Exxon Mobil Co. (NYSE:XOM) during the 4th quarter, HoldingsChannel.com reports. The fund acquired 2,767 shares of the oil and gas company’s stock, valued at approximately $298,000.

Several other large investors have also recently modified their holdings of the business. Keystone Financial Group Inc. purchased a new position in Exxon Mobil during the 4th quarter valued at about $36,000. Retirement Wealth Solutions LLC bought a new position in shares of Exxon Mobil in the fourth quarter valued at approximately $46,000. Peterson Financial Group Inc. bought a new position in shares of Exxon Mobil in the third quarter valued at approximately $51,000. Highline Wealth Partners LLC bought a new stake in Exxon Mobil during the 3rd quarter worth approximately $54,000. Finally, Harbor Capital Advisors Inc. purchased a new stake in Exxon Mobil in the 3rd quarter worth approximately $63,000. Hedge funds and other institutional investors own 61.80% of the company’s stock.

Wall Street Analysts Forecast Growth

XOM has been the subject of a number of recent analyst reports. Morgan Stanley boosted their price target on shares of Exxon Mobil from $139.00 to $140.00 in a research report on Friday, January 31st. Argus upgraded Exxon Mobil to a “strong-buy” rating in a research report on Tuesday, February 4th. The Goldman Sachs Group lowered their price target on Exxon Mobil from $125.00 to $123.00 and set a “neutral” rating on the stock in a report on Friday, January 31st. Piper Sandler decreased their price objective on shares of Exxon Mobil from $138.00 to $127.00 and set an “overweight” rating on the stock in a research report on Thursday, December 19th. Finally, TD Cowen lowered their target price on shares of Exxon Mobil from $132.00 to $128.00 and set a “buy” 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 issued a hold rating, eleven have issued a buy rating and two have given a strong buy rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $129.25.

Insider Buying and Selling at Exxon Mobil

In related news, VP Darrin L. Talley sold 2,100 shares of the firm’s stock in a transaction dated Tuesday, February 4th. The stock was sold at an average price of $110.00, for a total value of $231,000.00. Following the sale, the vice president now directly owns 18,087 shares of the company’s stock, valued at $1,989,570. This trade represents a 10.40 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Corporate insiders own 0.03% of the company’s stock.

Exxon Mobil Trading Up 1.9 %

NYSE XOM opened at $110.98 on Tuesday. The firm has a market cap of $487.75 billion, a PE ratio of 14.15, a price-to-earnings-growth ratio of 2.94 and a beta of 0.89. Exxon Mobil Co. has a 1-year low of $100.42 and a 1-year high of $126.34. The stock has a 50-day moving average of $109.41 and a 200-day moving average of $114.97. The company has a current ratio of 1.31, a quick ratio of 0.97 and a debt-to-equity ratio of 0.14.

Exxon Mobil (NYSE:XOM) last announced its quarterly earnings data on Friday, January 31st. The oil and gas company reported $1.67 earnings per share for the quarter, missing the consensus estimate 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 company posted $2.48 earnings per share. As a group, sell-side analysts forecast that Exxon Mobil Co. will post 7.37 EPS for the current year.

Exxon Mobil Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, March 10th. Shareholders of record on Wednesday, February 12th will be issued a $0.99 dividend. This represents a $3.96 dividend on an annualized basis and a yield of 3.57%. The ex-dividend date of this dividend is Wednesday, February 12th. Exxon Mobil’s dividend payout ratio (DPR) is presently 50.51%.

Exxon Mobil 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.