Exxon Mobil Co. (NYSE:XOM) Shares Bought by Duncan Williams Asset Management LLC

Duncan Williams Asset Management LLC lifted its position in shares of Exxon Mobil Co. (NYSE:XOMFree Report) by 35.2% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 7,760 shares of the oil and gas company’s stock after purchasing an additional 2,020 shares during the quarter. Duncan Williams Asset Management LLC’s holdings in Exxon Mobil were worth $835,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in the company. Vertex Planning Partners LLC grew its holdings in shares of Exxon Mobil by 3.1% during the third quarter. Vertex Planning Partners LLC now owns 2,778 shares of the oil and gas company’s stock valued at $326,000 after purchasing an additional 83 shares during the last quarter. First Heartland Consultants Inc. lifted its position in Exxon Mobil by 0.9% in the 3rd quarter. First Heartland Consultants Inc. now owns 9,451 shares of the oil and gas company’s stock valued at $1,108,000 after purchasing an additional 87 shares during the last quarter. Latitude Advisors LLC boosted its stake in Exxon Mobil by 0.7% during the 3rd quarter. Latitude Advisors LLC now owns 13,378 shares of the oil and gas company’s stock valued at $1,568,000 after purchasing an additional 88 shares during the period. Longfellow Investment Management Co. LLC grew its position in Exxon Mobil by 0.6% in the 3rd quarter. Longfellow Investment Management Co. LLC now owns 14,537 shares of the oil and gas company’s stock worth $1,704,000 after purchasing an additional 88 shares during the last quarter. Finally, West Oak Capital LLC increased its stake in shares of Exxon Mobil by 0.6% in the fourth quarter. West Oak Capital LLC now owns 16,207 shares of the oil and gas company’s stock valued at $1,743,000 after purchasing an additional 92 shares during the period. 61.80% of the stock is owned by hedge funds and other institutional investors.

Exxon Mobil Stock Down 2.0 %

Shares of Exxon Mobil stock opened at $107.99 on Wednesday. The company has a current ratio of 1.35, a quick ratio of 1.01 and a debt-to-equity ratio of 0.13. Exxon Mobil Co. has a 1 year low of $100.42 and a 1 year high of $126.34. The stock has a 50-day moving average price of $111.35 and a 200 day moving average price of $115.41. The company has a market cap of $474.64 billion, a P/E ratio of 13.45, a P/E/G ratio of 2.86 and a beta of 0.91.

Exxon Mobil (NYSE:XOMGet Free Report) last posted its quarterly earnings results on Friday, November 1st. The oil and gas company reported $1.92 EPS for the quarter, beating the consensus estimate 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 analysts’ expectations of $93.98 billion. During the same period in the previous year, the company posted $2.27 EPS. Exxon Mobil’s revenue was down .8% on a year-over-year basis. As a group, 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 paid a dividend of $0.99 per share. The ex-dividend date was Thursday, November 14th. This is an increase from Exxon Mobil’s previous quarterly dividend of $0.95. This represents a $3.96 dividend on an annualized basis and a dividend yield of 3.67%. Exxon Mobil’s dividend payout ratio (DPR) is 49.32%.

Wall Street Analysts Forecast Growth

XOM has been the subject of several analyst reports. Truist Financial boosted their price objective on Exxon Mobil from $117.00 to $119.00 and gave the stock 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 price target for the company. in a research note on Wednesday, October 9th. UBS Group cut their price objective on shares of Exxon Mobil from $149.00 to $147.00 and set a “buy” rating on the stock in a research note on Thursday, December 12th. Wolfe Research raised their price objective on shares of Exxon Mobil from $137.00 to $138.00 in a research note on Thursday, October 31st. Finally, Morgan Stanley cut their target price on Exxon Mobil from $142.00 to $140.00 in a research report on Thursday, October 31st. One equities research analyst has rated the stock with a sell rating, seven have given a hold rating, ten have issued a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $128.84.

View Our Latest Stock Analysis on Exxon Mobil

About Exxon Mobil

(Free Report)

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.

See Also

Institutional Ownership by Quarter for Exxon Mobil (NYSE:XOM)

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