Exxon Mobil Co. (NYSE:XOM) Shares Purchased by LexAurum Advisors LLC

LexAurum Advisors LLC lifted its position in Exxon Mobil Co. (NYSE:XOM) by 5.3% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 11,861 shares of the oil and gas company’s stock after acquiring an additional 593 shares during the period. LexAurum Advisors LLC’s holdings in Exxon Mobil were worth $1,276,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also recently made changes to their positions in the company. RFG Advisory LLC grew its position in Exxon Mobil by 3.7% during the 4th quarter. RFG Advisory LLC now owns 75,967 shares of the oil and gas company’s stock worth $8,172,000 after purchasing an additional 2,695 shares during the period. Shilanski & Associates Inc. grew its position in Exxon Mobil by 1.0% during the 4th quarter. Shilanski & Associates Inc. now owns 55,609 shares of the oil and gas company’s stock worth $5,982,000 after purchasing an additional 548 shares during the period. Motive Wealth Advisors grew its position in Exxon Mobil by 5.6% during the 4th quarter. Motive Wealth Advisors now owns 3,649 shares of the oil and gas company’s stock worth $393,000 after purchasing an additional 192 shares during the period. MFA Wealth Services acquired a new stake in Exxon Mobil during the 4th quarter worth about $569,000. Finally, McGlone Suttner Wealth Management Inc. grew its position in Exxon Mobil by 12.0% during the 4th quarter. McGlone Suttner Wealth Management Inc. now owns 13,153 shares of the oil and gas company’s stock worth $1,415,000 after purchasing an additional 1,407 shares during the period. 61.80% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

XOM has been the topic of several analyst reports. BMO Capital Markets increased their price target on Exxon Mobil from $127.00 to $130.00 and gave the stock a “market perform” rating in a research report on Friday, October 4th. TD Cowen cut their price target on Exxon Mobil from $132.00 to $128.00 and set a “buy” rating on the stock in a research report on Monday, December 16th. Truist Financial raised their target price on Exxon Mobil from $117.00 to $119.00 and gave the company a “hold” rating in a research report on Monday, January 13th. BNP Paribas cut Exxon Mobil from a “neutral” rating to an “underperform” rating and set a $105.00 target price on the stock. in a research report on Wednesday, October 9th. Finally, Bank of America initiated coverage on Exxon Mobil in a research report on Thursday, October 17th. They set a “neutral” rating and a $124.00 target price on the stock. One research analyst has rated the stock with a sell rating, seven have assigned a hold rating, ten have given a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $128.84.

Exxon Mobil Trading Down 1.4 %

XOM opened at $108.64 on Monday. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.35 and a quick ratio of 1.01. The company’s 50 day simple moving average is $111.56 and its two-hundred day simple moving average is $115.41. Exxon Mobil Co. has a 1-year low of $99.61 and a 1-year high of $126.34. The firm has a market capitalization of $477.48 billion, a price-to-earnings ratio of 13.53, a price-to-earnings-growth ratio of 2.86 and a beta of 0.91.

Exxon Mobil (NYSE:XOM) last released its earnings results on Friday, November 1st. The oil and gas company reported $1.92 earnings per share for the quarter, topping analysts’ consensus estimates of $1.91 by $0.01. Exxon Mobil had a net margin of 9.61% and a return on equity of 14.73%. The business had revenue of $90.02 billion for the quarter, compared to analyst estimates of $93.98 billion. During the same period last year, the company posted $2.27 EPS. The business’s revenue was down .8% on a year-over-year basis. Analysts expect that Exxon Mobil Co. will post 7.77 EPS for the current fiscal year.

Exxon Mobil Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, December 10th. Stockholders of record on Thursday, November 14th were given a dividend of $0.99 per share. This represents a $3.96 annualized dividend and a dividend yield of 3.65%. The ex-dividend date of this dividend was Thursday, November 14th. This is a positive change from Exxon Mobil’s previous quarterly dividend of $0.95. Exxon Mobil’s payout ratio is presently 49.32%.

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.