6,873 Shares in Exxon Mobil Corporation $XOM Acquired by Berman McAleer LLC

Berman McAleer LLC purchased a new stake in Exxon Mobil Corporation (NYSE:XOMFree Report) in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm purchased 6,873 shares of the oil and gas company’s stock, valued at approximately $775,000.

Several other institutional investors have also modified their holdings of the business. Westfuller Advisors LLC acquired a new position in shares of Exxon Mobil during the third quarter worth about $30,000. Bare Financial Services Inc lifted its stake in Exxon Mobil by 121.8% in the second quarter. Bare Financial Services Inc now owns 366 shares of the oil and gas company’s stock worth $39,000 after acquiring an additional 201 shares during the last quarter. Clayton Financial Group LLC purchased a new position in Exxon Mobil in the third quarter worth approximately $40,000. TruNorth Capital Management LLC grew its holdings in Exxon Mobil by 1,595.2% during the 3rd quarter. TruNorth Capital Management LLC now owns 356 shares of the oil and gas company’s stock worth $40,000 after acquiring an additional 335 shares in the last quarter. Finally, Halbert Hargrove Global Advisors LLC increased its position in shares of Exxon Mobil by 95.8% in the 3rd quarter. Halbert Hargrove Global Advisors LLC now owns 370 shares of the oil and gas company’s stock valued at $42,000 after purchasing an additional 181 shares during the last quarter. Institutional investors and hedge funds own 61.80% of the company’s stock.

Exxon Mobil Stock Up 0.7%

XOM opened at $141.43 on Friday. Exxon Mobil Corporation has a one year low of $97.80 and a one year high of $142.34. The company has a debt-to-equity ratio of 0.12, a quick ratio of 0.79 and a current ratio of 1.14. The stock has a market capitalization of $596.43 billion, a P/E ratio of 20.56, a price-to-earnings-growth ratio of 14.84 and a beta of 0.37. The business’s 50-day simple moving average is $122.80 and its 200-day simple moving average is $116.10.

Exxon Mobil (NYSE:XOMGet Free Report) last announced its earnings results on Friday, January 30th. The oil and gas company reported $1.71 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.63 by $0.08. The firm had revenue of $82.31 billion during the quarter, compared to analysts’ expectations of $77.98 billion. Exxon Mobil had a return on equity of 11.22% and a net margin of 8.99%.The business’s revenue was down 1.3% on a year-over-year basis. During the same period in the prior year, the firm earned $1.67 EPS. Analysts anticipate that Exxon Mobil Corporation will post 7.43 EPS for the current year.

Exxon Mobil Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, March 10th. Stockholders of record on Thursday, February 12th will be given a dividend of $1.03 per share. The ex-dividend date is Thursday, February 12th. This represents a $4.12 dividend on an annualized basis and a dividend yield of 2.9%. Exxon Mobil’s dividend payout ratio (DPR) is 59.88%.

Insider Activity at Exxon Mobil

In related news, VP Darrin L. Talley sold 3,000 shares of the company’s stock in a transaction on Wednesday, December 17th. The shares were sold at an average price of $117.19, for a total value of $351,570.00. Following the completion of the sale, the vice president owned 28,584 shares in the company, valued at $3,349,758.96. This represents a 9.50% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 0.03% of the stock is owned by insiders.

More Exxon Mobil News

Here are the key news stories impacting Exxon Mobil this week:

Analyst Upgrades and Downgrades

A number of brokerages recently commented on XOM. Piper Sandler lowered their target price on shares of Exxon Mobil from $144.00 to $142.00 and set an “overweight” rating for the company in a research note on Thursday, January 8th. Morgan Stanley cut their price target on Exxon Mobil from $137.00 to $134.00 and set an “overweight” rating on the stock in a research note on Friday, January 23rd. TD Cowen reaffirmed a “buy” rating on shares of Exxon Mobil in a research report on Monday. Jefferies Financial Group raised their target price on Exxon Mobil from $146.00 to $148.00 and gave the stock a “buy” rating in a research report on Wednesday, December 10th. Finally, UBS Group restated a “buy” rating on shares of Exxon Mobil in a research note on Friday, January 9th. One analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating, seven have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $133.93.

Read Our Latest Research Report on XOM

Exxon Mobil Profile

(Free Report)

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.

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

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