Benchmark Financial Wealth Advisors LLC Has $233,000 Stock Position in Exxon Mobil Co. (NYSE:XOM)

Benchmark Financial Wealth Advisors LLC increased its holdings in Exxon Mobil Co. (NYSE:XOM) by 14.0% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 2,163 shares of the oil and gas company’s stock after acquiring an additional 266 shares during the period. Benchmark Financial Wealth Advisors LLC’s holdings in Exxon Mobil were worth $233,000 at the end of the most recent quarter.

Several other large investors have also added to or reduced their stakes in the business. International Assets Investment Management LLC grew its holdings in Exxon Mobil by 7,761.0% during the third quarter. International Assets Investment Management LLC now owns 6,893,677 shares of the oil and gas company’s stock worth $808,077,000 after buying an additional 6,805,982 shares in the last quarter. Pacer Advisors Inc. boosted its holdings in Exxon Mobil by 1,524.1% during the 4th quarter. Pacer Advisors Inc. now owns 5,445,922 shares of the oil and gas company’s stock worth $585,818,000 after acquiring an additional 5,110,603 shares during the last quarter. Franklin Resources Inc. raised its holdings in shares of Exxon Mobil by 16.3% in the third quarter. Franklin Resources Inc. now owns 31,522,556 shares of the oil and gas company’s stock valued at $3,936,929,000 after purchasing an additional 4,415,012 shares during the last quarter. Assenagon Asset Management S.A. lifted its position in shares of Exxon Mobil by 168.5% during the third quarter. Assenagon Asset Management S.A. now owns 4,530,457 shares of the oil and gas company’s stock valued at $531,060,000 after purchasing an additional 2,842,844 shares in the last quarter. Finally, Geode Capital Management LLC boosted its holdings in Exxon Mobil by 1.8% during the third quarter. Geode Capital Management LLC now owns 92,194,981 shares of the oil and gas company’s stock worth $10,777,735,000 after purchasing an additional 1,622,064 shares during the last quarter. Institutional investors own 61.80% of the company’s stock.

Insider Buying and Selling at Exxon Mobil

In related news, VP Darrin L. Talley sold 2,100 shares of the business’s stock in a transaction that occurred on Tuesday, February 4th. The stock was sold at an average price of $110.00, for a total value of $231,000.00. Following the completion of the sale, the vice president now owns 18,087 shares in the company, valued at $1,989,570. The trade was a 10.40 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Insiders own 0.03% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms have commented on XOM. HSBC dropped their target price on shares of Exxon Mobil from $125.00 to $123.00 and set a “hold” rating on the stock in a research report on Friday, January 31st. Wolfe Research boosted their price objective on Exxon Mobil from $137.00 to $138.00 in a research report on Thursday, October 31st. JPMorgan Chase & Co. decreased their target price on Exxon Mobil from $130.00 to $125.00 and set an “overweight” rating for the company in a research report on Monday, December 16th. Truist Financial boosted their price target on shares of Exxon Mobil from $117.00 to $119.00 and gave the stock a “hold” rating in a report on Monday, January 13th. Finally, Mizuho reduced their price target on shares of Exxon Mobil from $137.00 to $134.00 and set a “neutral” rating for the company in a research report on Monday, December 16th. One equities research analyst has rated the stock with a sell rating, eight have assigned a hold rating, eleven have given a buy rating and two have assigned a strong buy rating to the stock. According to MarketBeat.com, Exxon Mobil currently has a consensus rating of “Moderate Buy” and an average price target of $129.25.

Exxon Mobil Stock Up 0.4 %

Shares of NYSE XOM opened at $108.87 on Monday. The company has a quick ratio of 0.97, a current ratio of 1.31 and a debt-to-equity ratio of 0.14. The company has a market cap of $478.49 billion, a P/E ratio of 13.89, a P/E/G ratio of 2.94 and a beta of 0.89. Exxon Mobil Co. has a 52 week low of $100.42 and a 52 week high of $126.34. The business has a 50-day simple moving average of $109.41 and a two-hundred day simple moving average of $114.97.

Exxon Mobil (NYSE:XOM) last released its quarterly earnings data on Friday, January 31st. The oil and gas company reported $1.67 EPS for the quarter, missing analysts’ consensus estimates of $1.77 by ($0.10). Exxon Mobil had a net margin of 9.63% and a return on equity of 12.92%. During the same quarter in the prior year, the business earned $2.48 earnings per share. Research analysts anticipate that Exxon Mobil Co. will post 7.37 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. Stockholders of record on Wednesday, February 12th will be issued a $0.99 dividend. The ex-dividend date of this dividend is Wednesday, February 12th. This represents a $3.96 annualized dividend and a dividend yield of 3.64%. Exxon Mobil’s payout ratio is currently 50.51%.

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.