Exxon Mobil Co. (NYSE:XOM) Shares Acquired by Fagan Associates Inc.

Fagan Associates Inc. boosted its holdings in shares of Exxon Mobil Co. (NYSE:XOM) by 9.2% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 42,576 shares of the oil and gas company’s stock after purchasing an additional 3,587 shares during the period. Fagan Associates Inc.’s holdings in Exxon Mobil were worth $4,580,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also added to or reduced their stakes in XOM. Private Advisor Group LLC lifted its position in shares of Exxon Mobil by 73.9% in the 4th quarter. Private Advisor Group LLC now owns 967,673 shares of the oil and gas company’s stock valued at $104,092,000 after acquiring an additional 411,282 shares in the last quarter. Financial Perspectives Inc lifted its position in shares of Exxon Mobil by 8.5% in the 4th quarter. Financial Perspectives Inc now owns 5,706 shares of the oil and gas company’s stock valued at $614,000 after acquiring an additional 448 shares in the last quarter. Alberta Investment Management Corp lifted its position in shares of Exxon Mobil by 24.4% in the 4th quarter. Alberta Investment Management Corp now owns 102,382 shares of the oil and gas company’s stock valued at $11,013,000 after acquiring an additional 20,100 shares in the last quarter. Vista Capital Partners Inc. lifted its position in shares of Exxon Mobil by 73.7% in the 4th quarter. Vista Capital Partners Inc. now owns 5,098 shares of the oil and gas company’s stock valued at $548,000 after acquiring an additional 2,163 shares in the last quarter. Finally, Hudson Value Partners LLC lifted its position in shares of Exxon Mobil by 6.7% in the 4th quarter. Hudson Value Partners LLC now owns 6,395 shares of the oil and gas company’s stock valued at $688,000 after acquiring an additional 400 shares in the last quarter. 61.80% of the stock is owned by institutional investors and hedge funds.

Exxon Mobil Stock Performance

Shares of XOM opened at $110.67 on Friday. The company’s fifty day moving average is $108.60 and its 200-day moving average is $114.49. Exxon Mobil Co. has a 12 month low of $102.88 and a 12 month high of $126.34. The firm has a market cap of $480.20 billion, a price-to-earnings ratio of 14.12, a price-to-earnings-growth ratio of 3.02 and a beta of 0.89. The company has a quick ratio of 0.97, a current ratio of 1.31 and a debt-to-equity ratio of 0.14.

Exxon Mobil (NYSE:XOM) last announced its quarterly earnings results on Friday, January 31st. The oil and gas company reported $1.67 EPS for the quarter, missing the consensus estimate of $1.77 by ($0.10). Exxon Mobil had a return on equity of 12.92% and a net margin of 9.63%. During the same quarter last year, the business posted $2.48 EPS. Equities analysts expect that Exxon Mobil Co. will post 7.43 EPS for the current fiscal year.

Exxon Mobil Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, March 10th. Investors of record on Wednesday, February 12th will be issued a dividend of $0.99 per share. This represents a $3.96 annualized dividend and a dividend yield of 3.58%. The ex-dividend date of this dividend is Wednesday, February 12th. Exxon Mobil’s dividend payout ratio is currently 50.51%.

Analyst Upgrades and Downgrades

Several equities research analysts recently commented on the stock. Truist Financial upped their price target on shares of Exxon Mobil from $117.00 to $119.00 and gave the company a “hold” rating in a research report on Monday, January 13th. Bernstein Bank upped their price target on shares of Exxon Mobil from $138.00 to $144.00 and gave the company an “overweight” rating in a research report on Friday, January 31st. The Goldman Sachs Group reduced their price target on shares of Exxon Mobil from $125.00 to $123.00 and set a “neutral” rating for the company in a research report on Friday, January 31st. Argus upgraded shares of Exxon Mobil to a “strong-buy” rating in a research note on Tuesday, February 4th. Finally, Piper Sandler dropped their price objective on shares of Exxon Mobil from $138.00 to $127.00 and set an “overweight” rating on the stock in a research note on Thursday, December 19th. One equities research analyst has rated the stock with a sell rating, eight have assigned a hold rating, eleven have issued a buy rating and two have given a strong buy rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $129.25.

Insider Buying and Selling

In related news, VP Darrin L. Talley sold 2,100 shares of the company’s stock in a transaction on Tuesday, February 4th. The shares were sold at an average price of $110.00, for a total transaction of $231,000.00. Following the completion of the sale, the vice president now directly owns 18,087 shares of the company’s stock, valued at approximately $1,989,570. This represents a 10.40 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 0.03% of the stock is owned by insiders.

Exxon Mobil Profile

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.