Duncker Streett & Co. Inc. Grows Position in Exxon Mobil Co. (NYSE:XOM)

Duncker Streett & Co. Inc. grew its stake in shares of Exxon Mobil Co. (NYSE:XOM) by 3.4% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 54,936 shares of the oil and gas company’s stock after purchasing an additional 1,811 shares during the quarter. Exxon Mobil makes up approximately 1.1% of Duncker Streett & Co. Inc.’s portfolio, making the stock its 23rd biggest position. Duncker Streett & Co. Inc.’s holdings in Exxon Mobil were worth $5,909,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in XOM. Onefund LLC lifted its stake in Exxon Mobil by 2.9% in the fourth quarter. Onefund LLC now owns 12,003 shares of the oil and gas company’s stock worth $1,291,000 after acquiring an additional 333 shares during the period. Nixon Peabody Trust Co. lifted its stake in Exxon Mobil by 0.7% in the fourth quarter. Nixon Peabody Trust Co. now owns 116,095 shares of the oil and gas company’s stock worth $12,488,000 after acquiring an additional 830 shares during the period. Flaharty Asset Management LLC lifted its stake in Exxon Mobil by 8.7% in the fourth quarter. Flaharty Asset Management LLC now owns 5,007 shares of the oil and gas company’s stock worth $539,000 after acquiring an additional 400 shares during the period. Richard W. Paul & Associates LLC lifted its stake in Exxon Mobil by 10.0% in the fourth quarter. Richard W. Paul & Associates LLC now owns 2,505 shares of the oil and gas company’s stock worth $269,000 after acquiring an additional 227 shares during the period. Finally, Fisher Asset Management LLC lifted its position in Exxon Mobil by 2.2% during the fourth quarter. Fisher Asset Management LLC now owns 29,831,569 shares of the oil and gas company’s stock valued at $3,208,982,000 after buying an additional 634,012 shares during the period. Hedge funds and other institutional investors own 61.80% of the company’s stock.

Insider Buying and Selling at Exxon Mobil

In other Exxon Mobil news, VP Darrin L. Talley sold 2,100 shares of the business’s stock in a transaction dated Tuesday, February 4th. The stock was 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 directly owns 18,087 shares in the company, valued at $1,989,570. The trade was a 10.40 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Corporate insiders own 0.03% of the company’s stock.

Exxon Mobil Price Performance

NYSE XOM opened at $107.69 on Tuesday. Exxon Mobil Co. has a one year low of $104.03 and a one year high of $126.34. The stock has a 50-day moving average of $108.98 and a 200 day moving average of $114.12. The company has a market capitalization of $467.28 billion, a price-to-earnings ratio of 13.74, a PEG ratio of 3.02 and a beta of 0.89. The company has a debt-to-equity ratio of 0.14, a quick ratio of 0.97 and a current ratio of 1.31.

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 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 in the prior year, the company earned $2.48 EPS. On average, sell-side analysts forecast that Exxon Mobil Co. will post 7.43 EPS for the current year.

Exxon Mobil Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, March 10th. Shareholders of record on Wednesday, February 12th will be paid a dividend of $0.99 per share. The ex-dividend date of this dividend is Wednesday, February 12th. This represents a $3.96 dividend on an annualized basis and a dividend yield of 3.68%. Exxon Mobil’s dividend payout ratio is currently 50.51%.

Wall Street Analysts Forecast Growth

Several equities analysts have commented on XOM shares. Piper Sandler lowered their price objective 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. TD Cowen lowered their price objective on Exxon Mobil from $132.00 to $128.00 and set a “buy” rating for the company in a research report on Monday, December 16th. Bernstein Bank raised their price objective on Exxon Mobil from $138.00 to $144.00 and gave the company an “overweight” rating in a research report on Friday, January 31st. BMO Capital Markets lowered their price objective on Exxon Mobil from $130.00 to $123.00 and set a “market perform” rating for the company in a research report on Friday, January 31st. Finally, Scotiabank lowered their price objective on Exxon Mobil from $145.00 to $140.00 in a research report on Friday, January 31st. One investment analyst has rated the stock with a sell rating, eight have assigned a hold rating, eleven have issued a buy rating and two have assigned a strong buy rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price 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.