Lineweaver Wealth Advisors LLC Purchases 8,141 Shares of Exxon Mobil Co. (NYSE:XOM)

Lineweaver Wealth Advisors LLC boosted its position in Exxon Mobil Co. (NYSE:XOMFree Report) by 55.7% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 22,747 shares of the oil and gas company’s stock after acquiring an additional 8,141 shares during the period. Lineweaver Wealth Advisors LLC’s holdings in Exxon Mobil were worth $2,275,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Intrepid Capital Management Inc. lifted its holdings in shares of Exxon Mobil by 1.2% in 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 purchasing an additional 92 shares in the last quarter. Traynor Capital Management Inc. lifted its holdings in shares of Exxon Mobil by 4.2% in the third quarter. Traynor Capital Management Inc. now owns 2,346 shares of the oil and gas company’s stock valued at $276,000 after purchasing an additional 94 shares in the last quarter. Money Concepts Capital Corp lifted its holdings in shares of Exxon Mobil by 3.1% in the third quarter. Money Concepts Capital Corp now owns 3,119 shares of the oil and gas company’s stock valued at $367,000 after purchasing an additional 95 shares in the last quarter. Defined Wealth Management LLC lifted its holdings 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 purchasing an additional 96 shares in the last quarter. Finally, Fluent Financial LLC lifted its holdings in shares of Exxon Mobil by 2.8% in the third quarter. Fluent Financial LLC now owns 3,610 shares of the oil and gas company’s stock valued at $424,000 after purchasing an additional 97 shares in the last quarter. Institutional investors own 61.80% of the company’s stock.

Analysts Set New Price Targets

A number of brokerages recently commented on XOM. Redburn Atlantic raised Exxon Mobil from a “neutral” rating to a “buy” rating and increased their price target for the company from $116.00 to $119.00 in a research report on Tuesday, January 9th. Mizuho increased their price target on Exxon Mobil from $119.00 to $125.00 and gave the company a “neutral” rating in a research report on Tuesday, March 19th. UBS Group decreased their price target on Exxon Mobil from $133.00 to $132.00 and set a “buy” rating for the company in a research report on Tuesday, January 23rd. Royal Bank of Canada reaffirmed a “sector perform” rating and set a $120.00 price target on shares of Exxon Mobil in a research report on Monday, February 5th. Finally, JPMorgan Chase & Co. decreased their price target 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. Nine analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $128.47.

Check Out Our Latest Analysis on XOM

Insider Activity at Exxon Mobil

In related news, VP Darrin L. Talley sold 2,400 shares of Exxon Mobil stock in a transaction on Thursday, February 22nd. The stock was sold at an average price of $105.00, for a total transaction of $252,000.00. Following the completion of the sale, the vice president now owns 30,189 shares of the company’s stock, valued at $3,169,845. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 0.04% of the stock is owned by corporate insiders.

Exxon Mobil Price Performance

Exxon Mobil stock opened at $116.95 on Tuesday. Exxon Mobil Co. has a one year low of $95.77 and a one year high of $120.70. The business has a fifty day moving average price of $106.11 and a 200-day moving average price of $105.89. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.48 and a quick ratio of 1.09. The firm has a market capitalization of $464.04 billion, a P/E ratio of 13.16, a PEG ratio of 4.26 and a beta of 0.96.

Exxon Mobil (NYSE:XOMGet Free Report) last posted its quarterly earnings results on Friday, February 2nd. The oil and gas company reported $2.48 EPS for the quarter, topping analysts’ consensus estimates of $2.20 by $0.28. Exxon Mobil had a return on equity of 18.51% and a net margin of 10.45%. The firm had revenue of $84.34 billion during the quarter, compared to analyst estimates of $90.03 billion. During the same period last year, the company earned $3.40 earnings per share. The business’s revenue for the quarter was down 11.6% on a year-over-year basis. As a group, equities research analysts forecast that Exxon Mobil Co. will post 9.11 EPS for the current year.

Exxon Mobil Announces Dividend

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

Exxon Mobil Company Profile

(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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