Exxon Mobil Co. (NYSE:XOM) Shares Bought by Foster Victor Wealth Advisors LLC

Foster Victor Wealth Advisors LLC lifted its position in shares of Exxon Mobil Co. (NYSE:XOMFree Report) by 66.7% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 12,787 shares of the oil and gas company’s stock after buying an additional 5,116 shares during the period. Foster Victor Wealth Advisors LLC’s holdings in Exxon Mobil were worth $1,290,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also recently made changes to their positions in the company. Intrepid Capital Management Inc. increased its position in shares of Exxon Mobil by 1.2% during the second quarter. Intrepid Capital Management Inc. now owns 7,928 shares of the oil and gas company’s stock valued at $850,000 after acquiring an additional 92 shares during the last quarter. Traynor Capital Management Inc. lifted its stake in Exxon Mobil by 4.2% during the third quarter. Traynor Capital Management Inc. now owns 2,346 shares of the oil and gas company’s stock worth $276,000 after purchasing an additional 94 shares in the last quarter. Money Concepts Capital Corp boosted its position in shares of Exxon Mobil by 3.1% during the third quarter. Money Concepts Capital Corp now owns 3,119 shares of the oil and gas company’s stock worth $367,000 after buying an additional 95 shares during the period. Defined Wealth Management LLC grew its stake in shares of Exxon Mobil by 2.4% in the third quarter. Defined Wealth Management LLC now owns 4,051 shares of the oil and gas company’s stock valued at $476,000 after buying an additional 96 shares in the last quarter. Finally, Fluent Financial LLC raised its holdings in shares of Exxon Mobil by 2.8% in the 3rd quarter. Fluent Financial LLC now owns 3,610 shares of the oil and gas company’s stock valued at $424,000 after buying an additional 97 shares during the period. Hedge funds and other institutional investors own 61.80% of the company’s stock.

Exxon Mobil Trading Up 0.6 %

NYSE:XOM opened at $116.95 on Tuesday. The company has a debt-to-equity ratio of 0.18, a quick ratio of 1.09 and a current ratio of 1.48. Exxon Mobil Co. has a 1 year low of $95.77 and a 1 year high of $120.70. The stock has a market capitalization of $464.04 billion, a price-to-earnings ratio of 13.16, a PEG ratio of 4.26 and a beta of 0.96. The stock has a fifty day moving average price of $106.11 and a two-hundred day moving average price of $105.89.

Exxon Mobil (NYSE:XOMGet Free Report) last announced its quarterly earnings data on Friday, February 2nd. The oil and gas company reported $2.48 EPS for the quarter, beating the consensus estimate of $2.20 by $0.28. Exxon Mobil had a net margin of 10.45% and a return on equity of 18.51%. The firm had revenue of $84.34 billion during the quarter, compared to analysts’ expectations of $90.03 billion. During the same quarter last year, the business earned $3.40 earnings per share. The business’s revenue for the quarter was down 11.6% compared to the same quarter last year. As a group, sell-side analysts anticipate that Exxon Mobil Co. will post 9.11 earnings per share for the current fiscal year.

Exxon Mobil Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, March 11th. Investors of record on Wednesday, February 14th were issued a dividend of $0.95 per share. The ex-dividend date of this dividend was Tuesday, February 13th. This represents a $3.80 annualized dividend and a yield of 3.25%. Exxon Mobil’s dividend payout ratio is presently 42.74%.

Insiders Place Their Bets

In other news, VP Darrin L. Talley sold 2,400 shares of the firm’s stock in a transaction on Thursday, February 22nd. The stock was sold at an average price of $105.00, for a total value of $252,000.00. Following the completion of the transaction, the vice president now owns 30,189 shares in the company, valued at $3,169,845. The sale was disclosed in a document filed with the SEC, which is available at this link. 0.04% of the stock is owned by company insiders.

Analysts Set New Price Targets

Several research firms have weighed in on XOM. Mizuho lifted their target price on Exxon Mobil from $119.00 to $125.00 and gave the company a “neutral” rating in a research report on Tuesday, March 19th. JPMorgan Chase & Co. decreased their target price on Exxon Mobil from $134.00 to $127.00 and set an “overweight” rating for the company in a research report on Friday, December 8th. Piper Sandler decreased their price objective on Exxon Mobil from $142.00 to $130.00 and set an “overweight” rating for the company in a report on Thursday, March 14th. Erste Group Bank reiterated a “hold” rating on shares of Exxon Mobil in a research report on Friday, December 22nd. Finally, Redburn Atlantic upgraded shares of Exxon Mobil from a “neutral” rating to a “buy” rating and lifted their price objective for the company from $116.00 to $119.00 in a research note on Tuesday, January 9th. Nine equities research analysts have rated the stock with a hold rating and ten have issued a buy rating to the company. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $128.47.

Get Our Latest Analysis on Exxon Mobil

About Exxon Mobil

(Free Report)

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.

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Institutional Ownership by Quarter for Exxon Mobil (NYSE:XOM)

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