Exxon Mobil Corporation $XOM Stock Holdings Boosted by Cwm LLC

Cwm LLC grew its position in shares of Exxon Mobil Corporation (NYSE:XOM) by 17.8% during the 3rd quarter, according to the company in its most recent filing with the SEC. The firm owned 909,029 shares of the oil and gas company’s stock after purchasing an additional 137,102 shares during the quarter. Cwm LLC’s holdings in Exxon Mobil were worth $102,493,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently modified their holdings of XOM. Linscomb Wealth Inc. lifted its position in shares of Exxon Mobil by 1.4% in the second quarter. Linscomb Wealth Inc. now owns 389,769 shares of the oil and gas company’s stock worth $42,017,000 after buying an additional 5,527 shares during the last quarter. Jones Financial Companies Lllp raised its stake in shares of Exxon Mobil by 52.3% in the 1st quarter. Jones Financial Companies Lllp now owns 382,989 shares of the oil and gas company’s stock valued at $45,149,000 after acquiring an additional 131,600 shares in the last quarter. U.S. Capital Wealth Advisors LLC lifted its holdings in Exxon Mobil by 3.3% in the 3rd quarter. U.S. Capital Wealth Advisors LLC now owns 306,658 shares of the oil and gas company’s stock worth $34,576,000 after purchasing an additional 9,831 shares during the last quarter. Capital Counsel LLC NY lifted its holdings in Exxon Mobil by 0.9% in the 2nd quarter. Capital Counsel LLC NY now owns 49,687 shares of the oil and gas company’s stock worth $5,356,000 after purchasing an additional 460 shares during the last quarter. Finally, OneAscent Wealth Management LLC boosted its position in Exxon Mobil by 116.7% during the second quarter. OneAscent Wealth Management LLC now owns 7,657 shares of the oil and gas company’s stock worth $825,000 after purchasing an additional 4,123 shares during the period. Institutional investors own 61.80% of the company’s stock.

Insider Buying and Selling at Exxon Mobil

In other news, VP Darrin L. Talley sold 3,000 shares of the business’s stock in a transaction that occurred on Wednesday, December 17th. The stock was sold at an average price of $117.19, for a total transaction of $351,570.00. Following the sale, the vice president directly owned 28,584 shares in the company, valued at approximately $3,349,758.96. The trade was a 9.50% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Insiders own 0.03% of the company’s stock.

Exxon Mobil Stock Performance

NYSE XOM opened at $119.09 on Friday. The company’s fifty day moving average is $116.65 and its two-hundred day moving average is $113.23. Exxon Mobil Corporation has a 52-week low of $97.80 and a 52-week high of $120.81. The company has a debt-to-equity ratio of 0.12, a current ratio of 1.14 and a quick ratio of 0.79. The firm has a market capitalization of $502.20 billion, a price-to-earnings ratio of 17.31, a P/E/G ratio of 7.49 and a beta of 0.38.

Exxon Mobil (NYSE:XOM) last announced its quarterly earnings data on Friday, June 17th. The oil and gas company reported $0.65 EPS for the quarter. Exxon Mobil had a net margin of 8.99% and a return on equity of 11.22%. The business had revenue of $57.55 billion during the quarter. Equities research analysts forecast that Exxon Mobil Corporation will post 7.43 EPS for the current year.

Exxon Mobil Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, December 10th. Shareholders of record on Friday, November 14th were given a $1.03 dividend. The ex-dividend date was Friday, November 14th. This represents a $4.12 dividend on an annualized basis and a dividend yield of 3.5%. This is an increase from Exxon Mobil’s previous quarterly dividend of $0.99. Exxon Mobil’s dividend payout ratio is 59.88%.

Wall Street Analysts Forecast Growth

XOM has been the topic of a number of recent analyst reports. Wall Street Zen raised shares of Exxon Mobil from a “sell” rating to a “hold” rating in a research report on Saturday, September 13th. Morgan Stanley lifted their target price on shares of Exxon Mobil from $135.00 to $137.00 and gave the stock an “overweight” rating in a report on Wednesday, December 10th. Scotiabank restated an “outperform” rating on shares of Exxon Mobil in a report on Monday, November 3rd. Bank of America lowered their price target on Exxon Mobil from $119.00 to $118.00 and set a “neutral” rating on the stock in a research report on Thursday, December 11th. Finally, BNP Paribas Exane raised Exxon Mobil from an “underperform” rating to a “neutral” rating and set a $114.00 price objective for the company in a research report on Monday, December 8th. One equities research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and thirteen have issued a Hold rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $129.45.

About Exxon Mobil

Exxon Mobil Corporation (NYSE: XOM) is an integrated oil and gas company engaged in the exploration, production, refining, distribution and marketing of petroleum products and the manufacture and sale of petrochemicals. Its operations span the full energy value chain, including upstream exploration and development of crude oil and natural gas; midstream transportation and storage; and downstream refining, product distribution and retail. The company also produces a broad range of chemical products for industrial and consumer applications.

ExxonMobil markets fuels and lubricants under well-known brands such as Exxon, Mobil and Esso, and its Mobil 1 motor oil is a prominent consumer product.