Hirtle Callaghan & Co LLC increased its position in shares of Exxon Mobil Co. (NYSE:XOM – Free Report) by 7.2% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 3,171 shares of the oil and gas company’s stock after acquiring an additional 213 shares during the period. Hirtle Callaghan & Co LLC’s holdings in Exxon Mobil were worth $341,000 at the end of the most recent quarter.
Several other hedge funds have also recently bought and sold shares of the company. Fairway Wealth LLC purchased a new position in shares of Exxon Mobil in the 4th quarter valued at about $31,000. Keystone Financial Group Inc. purchased a new position in shares of Exxon Mobil in the 4th quarter valued at approximately $36,000. Retirement Wealth Solutions LLC acquired a new stake in shares of Exxon Mobil in the 4th quarter valued at approximately $46,000. Compass Planning Associates Inc acquired a new stake in shares of Exxon Mobil in the 4th quarter valued at approximately $47,000. Finally, Synergy Investment Management LLC acquired a new position in Exxon Mobil during the fourth quarter worth $47,000. Institutional investors and hedge funds own 61.80% of the company’s stock.
Analyst Ratings Changes
Several equities analysts have weighed in on XOM shares. Piper Sandler dropped their price target on Exxon Mobil from $138.00 to $127.00 and set an “overweight” rating for the company in a research report on Thursday, December 19th. HSBC reduced their price objective on Exxon Mobil from $125.00 to $123.00 and set a “hold” rating on the stock in a research note on Friday, January 31st. Mizuho cut their price target on Exxon Mobil from $137.00 to $134.00 and set a “neutral” rating on the stock in a research note on Monday, December 16th. Royal Bank of Canada reiterated a “sector perform” rating and issued a $115.00 price target on shares of Exxon Mobil in a research note on Monday, February 3rd. Finally, The Goldman Sachs Group cut their price objective on Exxon Mobil from $125.00 to $123.00 and set a “neutral” rating on the stock in a research note on Friday, January 31st. One equities research analyst has rated the stock with a sell rating, eight have given a hold rating, eleven have given a buy rating and two have issued a strong buy rating to the stock. Based on data from MarketBeat, Exxon Mobil has an average rating of “Moderate Buy” and a consensus target price of $129.15.
Insiders Place Their Bets
In other news, VP Darrin L. Talley sold 2,100 shares of Exxon Mobil stock in a transaction on Tuesday, February 4th. The shares were sold at an average price of $110.00, for a total transaction of $231,000.00. Following the transaction, the vice president now directly owns 18,087 shares of the company’s stock, valued at $1,989,570. This trade represents a 10.40 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Company insiders own 0.03% of the company’s stock.
Exxon Mobil Stock Down 0.5 %
Shares of XOM opened at $115.30 on Monday. The stock has a market cap of $500.29 billion, a price-to-earnings ratio of 14.71, 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 Co. has a 12 month low of $103.67 and a 12 month high of $126.34. The company has a 50-day moving average price of $110.09 and a two-hundred day moving average price of $113.57.
Exxon Mobil (NYSE:XOM – Get Free Report) last posted its quarterly earnings data on Friday, January 31st. The oil and gas company reported $1.67 earnings per share 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 quarter last year, the business posted $2.48 EPS. Equities analysts predict that Exxon Mobil Co. will post 7.43 EPS for the current fiscal year.
Exxon Mobil Announces Dividend
The firm also recently announced a quarterly dividend, which was paid on Monday, March 10th. Shareholders of record on Wednesday, February 12th were issued a dividend of $0.99 per share. This represents a $3.96 dividend on an annualized basis and a yield of 3.43%. The ex-dividend date of this dividend was Wednesday, February 12th. Exxon Mobil’s dividend payout ratio is presently 50.51%.
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.
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