Exxon Mobil Co. (NYSE:XOM) Shares Acquired by Bridgewater Advisors Inc.

Bridgewater Advisors Inc. grew its holdings in Exxon Mobil Co. (NYSE:XOM) by 0.4% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 32,433 shares of the oil and gas company’s stock after acquiring an additional 133 shares during the quarter. Bridgewater Advisors Inc.’s holdings in Exxon Mobil were worth $3,243,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Orion Capital Management LLC purchased a new position in shares of Exxon Mobil in the third quarter worth about $91,000. Authentikos Wealth Advisory LLC purchased a new position in shares of Exxon Mobil in the third quarter worth about $92,000. Keener Financial Planning LLC purchased a new position in shares of Exxon Mobil in the fourth quarter worth about $80,000. Sumitomo Mitsui Financial Group Inc. raised its stake in shares of Exxon Mobil by 851.6% in the third quarter. Sumitomo Mitsui Financial Group Inc. now owns 885 shares of the oil and gas company’s stock worth $106,000 after purchasing an additional 792 shares during the last quarter. Finally, TFO Wealth Partners LLC raised its stake in shares of Exxon Mobil by 118.5% in the third quarter. TFO Wealth Partners LLC now owns 968 shares of the oil and gas company’s stock worth $104,000 after purchasing an additional 525 shares during the last quarter. Institutional investors and hedge funds own 61.80% of the company’s stock.

Insider Transactions at Exxon Mobil

In other news, VP Darrin L. Talley sold 2,426 shares of the stock in a transaction on Monday, April 29th. The stock was sold at an average price of $119.01, for a total transaction of $288,718.26. Following the completion of the transaction, the vice president now directly owns 25,363 shares in the company, valued at approximately $3,018,450.63. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. In other news, VP Darrin L. Talley sold 2,426 shares of the stock in a transaction on Monday, April 29th. The stock was sold at an average price of $119.01, for a total transaction of $288,718.26. Following the completion of the transaction, the vice president now directly owns 25,363 shares in the company, valued at approximately $3,018,450.63. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, VP Darrin L. Talley sold 2,400 shares of the stock in a transaction on Thursday, February 22nd. The stock was sold at an average price of $105.00, for a total value of $252,000.00. Following the transaction, the vice president now owns 30,189 shares of the company’s stock, valued at $3,169,845. The disclosure for this sale can be found here. Company insiders own 0.03% of the company’s stock.

Exxon Mobil Stock Up 0.1 %

Shares of XOM opened at $118.38 on Wednesday. The company has a debt-to-equity ratio of 0.15, a quick ratio of 1.06 and a current ratio of 1.38. Exxon Mobil Co. has a one year low of $95.77 and a one year high of $123.75. The stock has a market capitalization of $468.58 billion, a price-to-earnings ratio of 14.49, a PEG ratio of 4.14 and a beta of 0.96. The stock has a 50 day moving average price of $113.96 and a 200 day moving average price of $106.79.

Exxon Mobil (NYSE:XOM) last issued its earnings results on Friday, April 26th. The oil and gas company reported $2.06 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.19 by ($0.13). The company had revenue of $83.08 billion during the quarter, compared to analysts’ expectations of $79.69 billion. Exxon Mobil had a net margin of 9.62% and a return on equity of 16.75%. The firm’s quarterly revenue was down 4.0% compared to the same quarter last year. During the same quarter in the previous year, the company earned $2.83 earnings per share. Equities research analysts forecast that Exxon Mobil Co. will post 9.62 earnings per share for the current fiscal year.

Exxon Mobil Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, June 10th. Shareholders of record on Wednesday, May 15th will be issued a $0.95 dividend. This represents a $3.80 annualized dividend and a yield of 3.21%. The ex-dividend date of this dividend is Tuesday, May 14th. Exxon Mobil’s payout ratio is currently 46.57%.

Wall Street Analysts Forecast Growth

XOM has been the subject of several recent research reports. Redburn Atlantic upgraded Exxon Mobil from a “neutral” rating to a “buy” rating and lifted their price target for the company from $116.00 to $119.00 in a research report on Tuesday, January 9th. Wells Fargo & Company lifted their price target on Exxon Mobil from $138.00 to $142.00 and gave the company an “overweight” rating in a research report on Tuesday. Mizuho reiterated a “neutral” rating and set a $125.00 price target on shares of Exxon Mobil in a research report on Thursday, April 4th. Truist Financial lifted their price target on Exxon Mobil from $140.00 to $146.00 and gave the company a “buy” rating in a research report on Friday, April 5th. Finally, HSBC lifted their price target on Exxon Mobil from $111.00 to $120.00 and gave the company a “hold” rating in a research report on Tuesday. Nine research analysts have rated the stock with a hold rating and eleven have issued a buy rating to the stock. According to data from MarketBeat, Exxon Mobil presently has a consensus rating of “Moderate Buy” and a consensus target price of $133.56.

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.