Tradewinds Capital Management LLC Purchases 12,709 Shares of Exxon Mobil Co. (NYSE:XOM)

Tradewinds Capital Management LLC grew its position in shares of Exxon Mobil Co. (NYSE:XOM) by 559.9% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 14,979 shares of the oil and gas company’s stock after buying an additional 12,709 shares during the period. Exxon Mobil makes up 0.4% of Tradewinds Capital Management LLC’s holdings, making the stock its 29th biggest position. Tradewinds Capital Management LLC’s holdings in Exxon Mobil were worth $1,611,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently modified their holdings of XOM. Keystone Financial Group Inc. bought a new position in Exxon Mobil during the fourth quarter worth about $36,000. Retirement Wealth Solutions LLC acquired a new position in shares of Exxon Mobil during the 4th quarter worth approximately $46,000. Compass Planning Associates Inc bought a new position in shares of Exxon Mobil during the fourth quarter worth approximately $47,000. Compass Financial Services Inc acquired a new stake in shares of Exxon Mobil in the fourth quarter valued at approximately $48,000. Finally, Peterson Financial Group Inc. bought a new stake in shares of Exxon Mobil in the third quarter valued at approximately $51,000. Institutional investors and hedge funds own 61.80% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts have commented on the company. Scotiabank lowered their price objective on Exxon Mobil from $145.00 to $140.00 in a research note on Friday, January 31st. Mizuho decreased their price target on Exxon Mobil from $137.00 to $134.00 and set a “neutral” rating on the stock in a research report on Monday, December 16th. The Goldman Sachs Group cut their price objective on shares of Exxon Mobil from $125.00 to $123.00 and set a “neutral” rating for the company in a research report on Friday, January 31st. Bernstein Bank increased their price objective on shares of Exxon Mobil from $138.00 to $144.00 and gave the stock an “overweight” rating in a research note on Friday, January 31st. Finally, Piper Sandler dropped their target price on shares of Exxon Mobil from $138.00 to $127.00 and set an “overweight” rating for the company in a research report on Thursday, December 19th. One equities research analyst has rated the stock with a sell rating, eight have given a hold rating, eleven have assigned a buy rating and two have given a strong buy rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $129.25.

Exxon Mobil Trading Down 1.4 %

NYSE XOM opened at $109.75 on Wednesday. The company has a market cap of $476.20 billion, a price-to-earnings ratio of 14.00, a price-to-earnings-growth ratio of 3.02 and a beta of 0.89. Exxon Mobil Co. has a twelve month low of $103.05 and a twelve month high of $126.34. 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 business’s fifty day moving average is $108.69 and its 200 day moving average is $114.37.

Exxon Mobil (NYSE:XOM) last posted its earnings results on Friday, January 31st. The oil and gas company reported $1.67 EPS for the quarter, missing the consensus estimate 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 in the prior year, the company earned $2.48 earnings per share. As a group, sell-side analysts expect 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 will be paid on Monday, March 10th. Investors of record on Wednesday, February 12th will be given a dividend of $0.99 per share. The ex-dividend date of this dividend is Wednesday, February 12th. This represents a $3.96 annualized dividend and a yield of 3.61%. Exxon Mobil’s dividend payout ratio is presently 50.51%.

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 owns 18,087 shares in the company, valued at approximately $1,989,570. The trade was a 10.40 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 0.03% of the company’s stock.

About Exxon Mobil

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.