Timonier Family Office LTD. Makes New $296,000 Investment in Exxon Mobil Co. (NYSE:XOM)

Timonier Family Office LTD. bought a new position in Exxon Mobil Co. (NYSE:XOM) in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund bought 2,749 shares of the oil and gas company’s stock, valued at approximately $296,000.

Other large investors have also bought and sold shares of the company. Rockline Wealth Management LLC raised its holdings in Exxon Mobil by 6.1% in the fourth quarter. Rockline Wealth Management LLC now owns 25,918 shares of the oil and gas company’s stock worth $2,788,000 after buying an additional 1,498 shares during the last quarter. Global Wealth Management Investment Advisory Inc. raised its holdings in Exxon Mobil by 10.7% in the third quarter. Global Wealth Management Investment Advisory Inc. now owns 47,195 shares of the oil and gas company’s stock worth $5,532,000 after buying an additional 4,578 shares during the last quarter. Helen Stephens Group LLC raised its holdings in Exxon Mobil by 7.3% in the fourth quarter. Helen Stephens Group LLC now owns 41,637 shares of the oil and gas company’s stock worth $4,479,000 after buying an additional 2,825 shares during the last quarter. Brooklyn Investment Group raised its holdings in Exxon Mobil by 36.8% in the third quarter. Brooklyn Investment Group now owns 25,127 shares of the oil and gas company’s stock worth $2,945,000 after buying an additional 6,753 shares during the last quarter. Finally, Parthenon LLC raised its holdings in Exxon Mobil by 2.4% in the third quarter. Parthenon LLC now owns 191,590 shares of the oil and gas company’s stock worth $22,458,000 after buying an additional 4,445 shares during the last quarter. 61.80% of the stock is owned by hedge funds and other institutional investors.

Exxon Mobil Stock Performance

XOM opened at $110.67 on Monday. The firm has a market cap of $480.20 billion, a P/E ratio of 14.12, a PEG ratio of 3.02 and a beta of 0.89. Exxon Mobil Co. has a 1-year low of $102.88 and a 1-year high of $126.34. The company has a 50 day simple moving average of $108.60 and a two-hundred day simple moving average of $114.48. The company has a debt-to-equity ratio of 0.14, a current ratio of 1.31 and a quick ratio of 0.97.

Exxon Mobil (NYSE:XOM) last posted its quarterly earnings results on Friday, January 31st. The oil and gas company reported $1.67 earnings per share for the quarter, missing analysts’ consensus estimates 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 in the prior year, the business earned $2.48 earnings per share. Equities analysts forecast that Exxon Mobil Co. will post 7.43 earnings per share for the current fiscal year.

Exxon Mobil Announces Dividend

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

Insiders Place Their Bets

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 transaction, the vice president now owns 18,087 shares in the company, valued at approximately $1,989,570. This represents a 10.40 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Company insiders own 0.03% of the company’s stock.

Analyst Upgrades and Downgrades

XOM has been the subject of several research reports. Wells Fargo & Company decreased their price objective on shares of Exxon Mobil from $136.00 to $135.00 and set an “overweight” rating for the company in a report on Monday, February 3rd. Scotiabank decreased their price objective on shares of Exxon Mobil from $145.00 to $140.00 in a report on Friday, January 31st. Bernstein Bank boosted their price objective on shares of Exxon Mobil from $138.00 to $144.00 and gave the company an “overweight” rating in a report on Friday, January 31st. Wolfe Research boosted their price objective on shares of Exxon Mobil from $137.00 to $138.00 in a report on Thursday, October 31st. Finally, Truist Financial boosted their price objective on shares of Exxon Mobil from $117.00 to $119.00 and gave the company a “hold” rating in a report on Monday, January 13th. One analyst has rated the stock with a sell rating, eight have issued a hold rating, eleven have assigned a buy rating and two have assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $129.25.

Exxon Mobil Company 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.