International Private Wealth Advisors LLC Has $449,000 Stake in Exxon Mobil Co. (NYSE:XOM)

International Private Wealth Advisors LLC lifted its position in Exxon Mobil Co. (NYSE:XOM) by 97.1% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 4,175 shares of the oil and gas company’s stock after purchasing an additional 2,057 shares during the quarter. International Private Wealth Advisors LLC’s holdings in Exxon Mobil were worth $449,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. Arlington Trust Co LLC lifted its holdings in shares of Exxon Mobil by 14.1% during the fourth quarter. Arlington Trust Co LLC now owns 7,164 shares of the oil and gas company’s stock valued at $771,000 after acquiring an additional 884 shares during the period. Global Wealth Management Investment Advisory Inc. lifted its holdings in shares of Exxon Mobil by 6.0% during the fourth quarter. Global Wealth Management Investment Advisory Inc. now owns 50,050 shares of the oil and gas company’s stock valued at $5,384,000 after acquiring an additional 2,855 shares during the period. Eukles Asset Management lifted its holdings in shares of Exxon Mobil by 4.7% during the fourth quarter. Eukles Asset Management now owns 4,089 shares of the oil and gas company’s stock valued at $440,000 after acquiring an additional 185 shares during the period. Walter & Keenan Wealth Management LLC IN ADV lifted its holdings in shares of Exxon Mobil by 0.4% during the fourth quarter. Walter & Keenan Wealth Management LLC IN ADV now owns 26,810 shares of the oil and gas company’s stock valued at $2,884,000 after acquiring an additional 103 shares during the period. Finally, Soltis Investment Advisors LLC lifted its holdings in shares of Exxon Mobil by 0.5% during the fourth quarter. Soltis Investment Advisors LLC now owns 69,890 shares of the oil and gas company’s stock valued at $7,518,000 after acquiring an additional 365 shares during the period. 61.80% of the stock is currently owned by institutional investors and hedge funds.

Exxon Mobil Price Performance

Exxon Mobil stock opened at $108.10 on Friday. The firm has a market capitalization of $475.10 billion, a P/E ratio of 13.79, a PEG ratio of 2.94 and a beta of 0.89. Exxon Mobil Co. has a 1 year low of $100.42 and a 1 year high of $126.34. The business has a 50-day moving average of $109.02 and a 200-day moving average of $114.83. The company has a current ratio of 1.31, a quick ratio of 0.97 and a debt-to-equity ratio of 0.14.

Exxon Mobil (NYSE:XOM) last posted its earnings results on Friday, January 31st. The oil and gas company reported $1.67 earnings per share (EPS) for the quarter, missing the consensus estimate 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 period last year, the business earned $2.48 EPS. On average, equities analysts anticipate that Exxon Mobil Co. will post 7.37 EPS for the current year.

Exxon Mobil Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, March 10th. Stockholders of record on Wednesday, February 12th will be given a dividend of $0.99 per share. The ex-dividend date is Wednesday, February 12th. This represents a $3.96 annualized dividend and a dividend yield of 3.66%. Exxon Mobil’s payout ratio is currently 50.51%.

Insider Transactions at Exxon Mobil

In other news, VP Darrin L. Talley sold 2,100 shares of the business’s stock in a transaction dated Tuesday, February 4th. The stock was 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 directly owns 18,087 shares in the company, valued at approximately $1,989,570. The trade was a 10.40 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Corporate insiders own 0.03% of the company’s stock.

Analyst Upgrades and Downgrades

XOM has been the subject of a number of analyst reports. BMO Capital Markets cut their price objective on Exxon Mobil from $130.00 to $123.00 and set a “market perform” rating for the company in a report on Friday, January 31st. TD Cowen cut their price target on Exxon Mobil from $132.00 to $128.00 and set a “buy” rating for the company in a report on Monday, December 16th. JPMorgan Chase & Co. cut their price target on Exxon Mobil from $130.00 to $125.00 and set an “overweight” rating for the company in a report on Monday, December 16th. Truist Financial lifted their price target on Exxon Mobil from $117.00 to $119.00 and gave the company a “hold” rating in a report on Monday, January 13th. Finally, Royal Bank of Canada reaffirmed a “sector perform” rating and issued a $115.00 price target on shares of Exxon Mobil in a report on Monday, February 3rd. One investment analyst has rated the stock with a sell rating, eight have assigned a hold rating, eleven have assigned a buy rating and two have issued a strong buy rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price 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.