Exxon Mobil Co. (NYSE:XOM) Shares Acquired by Mizuho Securities USA LLC

Mizuho Securities USA LLC grew its stake in Exxon Mobil Co. (NYSE:XOM) by 44.6% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 416,555 shares of the oil and gas company’s stock after acquiring an additional 128,461 shares during the quarter. Exxon Mobil comprises approximately 0.8% of Mizuho Securities USA LLC’s investment portfolio, making the stock its 15th biggest position. Mizuho Securities USA LLC’s holdings in Exxon Mobil were worth $44,809,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also modified their holdings of the company. Fairway Wealth LLC acquired a new stake in shares of Exxon Mobil in the 4th quarter worth $31,000. Keystone Financial Group Inc. acquired a new stake in shares of Exxon Mobil in the 4th quarter worth $36,000. Retirement Wealth Solutions LLC acquired a new stake in shares of Exxon Mobil in the 4th quarter worth $46,000. Compass Planning Associates Inc purchased a new position in shares of Exxon Mobil during the 4th quarter worth $47,000. Finally, Synergy Investment Management LLC purchased a new position in shares of Exxon Mobil during the 4th quarter worth $47,000. 61.80% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Exxon Mobil

In other Exxon Mobil news, VP Darrin L. Talley sold 2,100 shares of Exxon Mobil stock in a transaction that occurred on Tuesday, February 4th. The stock was sold at an average price of $110.00, for a total value of $231,000.00. Following the transaction, the vice president now directly owns 18,087 shares in the company, valued at approximately $1,989,570. This trade represents a 10.40 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Company insiders own 0.03% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently weighed in on XOM shares. Truist Financial increased their price target on Exxon Mobil from $117.00 to $119.00 and gave the stock a “hold” rating in a report on Monday, January 13th. UBS Group lowered their price target on Exxon Mobil from $149.00 to $147.00 and set a “buy” rating for the company in a report on Thursday, December 12th. BMO Capital Markets lowered their price target 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. Argus upgraded Exxon Mobil to a “strong-buy” rating in a report on Tuesday, February 4th. Finally, JPMorgan Chase & Co. lowered their target price on Exxon Mobil from $130.00 to $125.00 and set an “overweight” rating for the company in a report on Monday, December 16th. One investment 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 company. According to data from MarketBeat.com, Exxon Mobil has a consensus rating of “Moderate Buy” and a consensus target price of $129.15.

Exxon Mobil Trading Down 0.5 %

XOM opened at $115.30 on Friday. The firm has a market cap of $500.29 billion, a price-to-earnings ratio of 14.71, a price-to-earnings-growth ratio of 3.02 and a beta of 0.83. Exxon Mobil Co. has a 52 week low of $103.67 and a 52 week high of $126.34. The business’s 50 day moving average is $110.09 and its two-hundred day moving average is $113.58. 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 released its quarterly 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 return on equity of 12.92% and a net margin of 9.63%. During the same period last year, the business posted $2.48 EPS. On average, research analysts predict that Exxon Mobil Co. will post 7.43 EPS for the current year.

Exxon Mobil Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, March 10th. Shareholders of record on Wednesday, February 12th were given a dividend of $0.99 per share. This represents a $3.96 annualized dividend and a yield of 3.43%. The ex-dividend date was Wednesday, February 12th. Exxon Mobil’s dividend payout ratio (DPR) is 50.51%.

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.