Founders Financial Alliance LLC Increases Stock Holdings in Exxon Mobil Co. (NYSE:XOM)

Founders Financial Alliance LLC increased its holdings in shares of Exxon Mobil Co. (NYSE:XOM) by 1.1% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 25,040 shares of the oil and gas company’s stock after buying an additional 262 shares during the quarter. Exxon Mobil comprises approximately 0.7% of Founders Financial Alliance LLC’s portfolio, making the stock its 27th biggest holding. Founders Financial Alliance LLC’s holdings in Exxon Mobil were worth $2,694,000 as of its most recent SEC filing.

A number of other hedge funds have also recently added to or reduced their stakes in XOM. Rockline Wealth Management LLC boosted its position in shares of Exxon Mobil by 6.1% in the fourth quarter. Rockline Wealth Management LLC now owns 25,918 shares of the oil and gas company’s stock worth $2,788,000 after acquiring an additional 1,498 shares during the last quarter. Helen Stephens Group LLC raised its stake in Exxon Mobil by 7.3% during the fourth quarter. Helen Stephens Group LLC now owns 41,637 shares of the oil and gas company’s stock worth $4,479,000 after purchasing an additional 2,825 shares during the period. Brooklyn Investment Group boosted its holdings in shares of Exxon Mobil by 36.8% in the 3rd quarter. Brooklyn Investment Group now owns 25,127 shares of the oil and gas company’s stock valued at $2,945,000 after purchasing an additional 6,753 shares during the last quarter. Parthenon LLC grew its stake in shares of Exxon Mobil by 2.4% during the 3rd quarter. Parthenon LLC now owns 191,590 shares of the oil and gas company’s stock valued at $22,458,000 after buying an additional 4,445 shares during the period. Finally, Hilltop Holdings Inc. grew its stake in shares of Exxon Mobil by 41.3% during the 3rd quarter. Hilltop Holdings Inc. now owns 76,288 shares of the oil and gas company’s stock valued at $8,942,000 after buying an additional 22,296 shares during the period. 61.80% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at Exxon Mobil

In other Exxon Mobil news, VP Darrin L. Talley sold 2,100 shares of the company’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 transaction of $231,000.00. Following the sale, the vice president now owns 18,087 shares in the company, valued at $1,989,570. This represents a 10.40 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Corporate insiders own 0.03% of the company’s stock.

Exxon Mobil Price Performance

XOM stock opened at $111.85 on Tuesday. The stock’s 50 day moving average is $109.17 and its two-hundred day moving average is $113.85. Exxon Mobil Co. has a 52-week low of $103.67 and a 52-week high of $126.34. The company has a market capitalization of $485.33 billion, a PE ratio of 14.27, a P/E/G ratio of 3.02 and a beta of 0.83. The company has a quick ratio of 0.97, a current ratio of 1.31 and a debt-to-equity ratio of 0.14.

Exxon Mobil (NYSE:XOM) last issued its quarterly earnings results on Friday, January 31st. The oil and gas company reported $1.67 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates 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 quarter in the prior year, the business posted $2.48 earnings per share. Analysts predict that Exxon Mobil Co. will post 7.43 earnings per share for the current fiscal year.

Exxon Mobil Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, March 10th. Stockholders of record on Wednesday, February 12th were paid a $0.99 dividend. The ex-dividend date of this dividend was Wednesday, February 12th. This represents a $3.96 dividend on an annualized basis and a dividend yield of 3.54%. Exxon Mobil’s dividend payout ratio (DPR) is presently 50.51%.

Analysts Set New Price Targets

A number of brokerages recently weighed in on XOM. Morgan Stanley lifted their target price on Exxon Mobil from $139.00 to $140.00 in a report on Friday, January 31st. JPMorgan Chase & Co. reduced their price objective on Exxon Mobil from $130.00 to $125.00 and set an “overweight” rating on the stock in a research note on Monday, December 16th. Argus upgraded shares of Exxon Mobil to a “strong-buy” rating in a research note on Tuesday, February 4th. Piper Sandler cut their target price on shares of Exxon Mobil from $138.00 to $127.00 and set an “overweight” rating on the stock in a research note on Thursday, December 19th. Finally, The Goldman Sachs Group reduced their target price on shares of Exxon Mobil from $125.00 to $123.00 and set a “neutral” rating on the stock in a report on Friday, January 31st. One analyst has rated the stock with a sell rating, eight have assigned a hold rating, eleven have given a buy rating and two have issued a strong buy rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $129.25.

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.