Exxon Mobil Co. (NYSE:XOM) Shares Bought by Capital Advisory Group Advisory Services LLC

Capital Advisory Group Advisory Services LLC grew its position in Exxon Mobil Co. (NYSE:XOM) by 13.7% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 6,228 shares of the oil and gas company’s stock after purchasing an additional 749 shares during the period. Capital Advisory Group Advisory Services LLC’s holdings in Exxon Mobil were worth $670,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in XOM. Heritage Oak Wealth Advisors LLC purchased a new stake in Exxon Mobil in the third quarter valued at $348,000. Bank of Stockton increased its position in shares of Exxon Mobil by 108.1% during the 3rd quarter. Bank of Stockton now owns 22,320 shares of the oil and gas company’s stock worth $2,616,000 after purchasing an additional 11,596 shares during the last quarter. Sigma Investment Counselors Inc. raised its holdings in Exxon Mobil by 1.0% in the 3rd quarter. Sigma Investment Counselors Inc. now owns 52,972 shares of the oil and gas company’s stock valued at $6,209,000 after buying an additional 528 shares during the period. Joel Isaacson & Co. LLC lifted its position in Exxon Mobil by 3.5% in the third quarter. Joel Isaacson & Co. LLC now owns 69,825 shares of the oil and gas company’s stock valued at $8,185,000 after buying an additional 2,364 shares during the last quarter. Finally, Burford Brothers Inc. boosted its stake in Exxon Mobil by 1.8% during the third quarter. Burford Brothers Inc. now owns 40,494 shares of the oil and gas company’s stock worth $4,747,000 after buying an additional 727 shares during the period. Hedge funds and other institutional investors own 61.80% of the company’s stock.

Insider Activity at Exxon Mobil

In other news, VP Darrin L. Talley sold 2,100 shares of the business’s stock in a transaction that occurred 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 completion of the sale, the vice president now owns 18,087 shares in the company, valued at approximately $1,989,570. The trade was a 10.40 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. 0.03% of the stock is currently owned by corporate insiders.

Exxon Mobil Price Performance

Shares of XOM opened at $111.18 on Tuesday. The firm has a market capitalization of $482.42 billion, a price-to-earnings ratio of 14.18, a PEG ratio of 3.02 and a beta of 0.89. The firm’s fifty day simple moving average is $108.65 and its 200-day simple moving average is $114.44. Exxon Mobil Co. has a twelve month low of $103.05 and a twelve month high of $126.34. 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 quarterly earnings results on Friday, January 31st. The oil and gas company reported $1.67 earnings per share 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 period last year, the firm earned $2.48 earnings per share. Equities analysts forecast that Exxon Mobil Co. will post 7.43 EPS for the current fiscal year.

Exxon Mobil Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, March 10th. Investors of record on Wednesday, February 12th will be paid a dividend of $0.99 per share. This represents a $3.96 annualized dividend and a yield of 3.56%. The ex-dividend date of this dividend is Wednesday, February 12th. Exxon Mobil’s payout ratio is 50.51%.

Wall Street Analyst Weigh In

A number of equities research analysts have recently issued reports on the stock. Morgan Stanley boosted their price target on shares of Exxon Mobil from $139.00 to $140.00 in a research note on Friday, January 31st. Piper Sandler cut their target price on Exxon Mobil from $138.00 to $127.00 and set an “overweight” rating on the stock in a research report on Thursday, December 19th. Wells Fargo & Company decreased their price target on Exxon Mobil from $136.00 to $135.00 and set an “overweight” rating on the stock in a research note on Monday, February 3rd. Scotiabank dropped their price objective on Exxon Mobil from $145.00 to $140.00 in a research note on Friday, January 31st. Finally, BMO Capital Markets decreased their target price on Exxon Mobil from $130.00 to $123.00 and set a “market perform” 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 assigned a hold rating, eleven have issued a buy rating and two have given a strong buy rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus 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.