Curtis Advisory Group LLC Makes New Investment in ExxonMobil Corporation $XOM

Curtis Advisory Group LLC bought a new position in ExxonMobil Corporation (NYSE:XOMFree Report) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 13,030 shares of the oil and gas company’s stock, valued at approximately $1,568,000.

A number of other large investors also recently modified their holdings of XOM. Westfuller Advisors LLC acquired a new position in shares of ExxonMobil during the third quarter valued at $30,000. Clayton Financial Group LLC acquired a new position in shares of ExxonMobil in the 3rd quarter valued at $40,000. TruNorth Capital Management LLC boosted its position in shares of ExxonMobil by 1,595.2% in the 3rd quarter. TruNorth Capital Management LLC now owns 356 shares of the oil and gas company’s stock valued at $40,000 after purchasing an additional 335 shares during the period. Halbert Hargrove Global Advisors LLC boosted its position in shares of ExxonMobil 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 period. Finally, Marquette Asset Management LLC boosted its position in shares of ExxonMobil by 307.0% in the 3rd quarter. Marquette Asset Management LLC now owns 407 shares of the oil and gas company’s stock valued at $46,000 after purchasing an additional 307 shares during the period. 61.80% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several brokerages recently issued reports on XOM. Wells Fargo & Company increased their price objective on ExxonMobil from $183.00 to $185.00 and gave the stock an “overweight” rating in a research note on Thursday, April 9th. Barclays raised their price objective on ExxonMobil from $145.00 to $163.00 and gave the company an “overweight” rating in a research note on Monday, March 16th. Scotiabank raised ExxonMobil to a “strong-buy” rating in a research note on Friday, March 27th. Jefferies Financial Group lifted their price target on ExxonMobil from $178.00 to $184.00 and gave the stock a “buy” rating in a research report on Thursday, April 9th. Finally, Sanford C. Bernstein dropped their price target on ExxonMobil from $142.00 to $137.00 and set an “outperform” rating on the stock in a research report on Monday, January 5th. One investment analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating, nine have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $159.20.

Read Our Latest Stock Report on ExxonMobil

Insider Buying and Selling at ExxonMobil

In other news, VP Darrin L. Talley sold 1,080 shares of the business’s stock in a transaction on Monday, March 16th. The stock was sold at an average price of $155.50, for a total transaction of $167,940.00. Following the completion of the sale, the vice president owned 17,124 shares in the company, valued at $2,662,782. The trade was a 5.93% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Insiders sold a total of 11,460 shares of company stock worth $1,687,854 in the last ninety days. Insiders own 0.03% of the company’s stock.

ExxonMobil Price Performance

Shares of XOM stock opened at $149.23 on Wednesday. The stock’s fifty day simple moving average is $154.90 and its 200 day simple moving average is $132.11. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.15 and a quick ratio of 0.79. The firm has a market cap of $620.28 billion, a price-to-earnings ratio of 22.31, a P/E/G ratio of 0.92 and a beta of 0.29. ExxonMobil Corporation has a one year low of $101.18 and a one year high of $176.41.

ExxonMobil (NYSE:XOMGet Free Report) last announced its quarterly earnings results on Friday, January 30th. The oil and gas company reported $1.71 EPS for the quarter, beating the consensus estimate of $1.63 by $0.08. ExxonMobil had a return on equity of 11.21% and a net margin of 8.68%.The business had revenue of $80.04 billion for the quarter, compared to analyst estimates of $77.98 billion. During the same quarter in the previous year, the firm earned $1.67 EPS. ExxonMobil’s quarterly revenue was down 1.3% on a year-over-year basis. On average, analysts expect that ExxonMobil Corporation will post 7.43 earnings per share for the current fiscal year.

ExxonMobil Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, March 10th. Shareholders of record on Thursday, February 12th were given a $1.03 dividend. The ex-dividend date was Thursday, February 12th. This represents a $4.12 annualized dividend and a yield of 2.8%. ExxonMobil’s payout ratio is presently 61.58%.

Key Headlines Impacting ExxonMobil

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ExxonMobil Company Profile

(Free Report)

ExxonMobil 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 ExxonMobil (NYSE:XOM)

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