Exxon Mobil Co. (NYSE:XOM) Shares Bought by Woodmont Investment Counsel LLC

Woodmont Investment Counsel LLC grew its stake in Exxon Mobil Co. (NYSE:XOM) by 43.4% during the fourth quarter, HoldingsChannel reports. The firm owned 70,863 shares of the oil and gas company’s stock after purchasing an additional 21,455 shares during the quarter. Woodmont Investment Counsel LLC’s holdings in Exxon Mobil were worth $7,623,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also modified their holdings of the stock. Clune & Associates LTD. purchased a new position in Exxon Mobil in the 4th quarter valued at $1,262,000. Crowley Wealth Management Inc. purchased a new position in Exxon Mobil during the fourth quarter worth about $321,000. FCA Corp TX raised its stake in shares of Exxon Mobil by 12.8% during the 4th quarter. FCA Corp TX now owns 2,625 shares of the oil and gas company’s stock worth $282,000 after buying an additional 297 shares in the last quarter. Community Bank N.A. grew its position in Exxon Mobil by 1.6% during the fourth quarter. Community Bank N.A. now owns 57,035 shares of the oil and gas company’s stock worth $6,135,000 after buying an additional 913 shares during the period. Finally, Napatree Capital LLC boosted its stake in shares of Exxon Mobil by 11.4% during the 4th quarter. Napatree Capital LLC now owns 9,435 shares of the oil and gas company’s stock worth $1,015,000 after purchasing an additional 962 shares during the last quarter. Hedge funds and other institutional investors own 61.80% of the company’s stock.

Insider Activity 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 value 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 represents a 10.40 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. 0.03% of the stock is currently owned by company insiders.

Exxon Mobil Trading Down 0.5 %

XOM opened at $115.30 on Monday. The firm’s 50 day moving average is $110.09 and its 200-day moving average is $113.57. Exxon Mobil Co. has a 52-week low of $103.67 and a 52-week 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 firm has a market capitalization of $500.29 billion, a P/E ratio of 14.71, a P/E/G ratio of 3.02 and a beta of 0.83.

Exxon Mobil (NYSE:XOM) last released its quarterly earnings results on Friday, January 31st. The oil and gas company reported $1.67 earnings per share (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 quarter in the previous year, the company posted $2.48 EPS. Analysts expect that Exxon Mobil Co. will post 7.43 EPS for the current fiscal year.

Exxon Mobil Dividend Announcement

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

Analyst Ratings Changes

Several equities analysts recently commented on XOM shares. Argus upgraded Exxon Mobil to a “strong-buy” rating in a research note on Tuesday, February 4th. UBS Group cut their price objective on shares of Exxon Mobil from $149.00 to $147.00 and set a “buy” rating on the stock in a report on Thursday, December 12th. HSBC lowered their target price on shares of Exxon Mobil from $125.00 to $123.00 and set a “hold” rating for the company in a report on Friday, January 31st. Truist Financial lifted their price target on shares of Exxon Mobil from $117.00 to $119.00 and gave the company a “hold” rating in a report on Monday, January 13th. Finally, TD Cowen cut their target price on Exxon Mobil from $132.00 to $128.00 and set a “buy” rating on the stock in a research report on Monday, December 16th. One analyst has rated the stock with a sell rating, eight have issued a hold rating, eleven have issued a buy rating and two have given a strong buy rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $129.15.

Exxon Mobil Company 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.