36,910 Shares in Exxon Mobil Co. (NYSE:XOM) Purchased by Manuka Financial LLC

Manuka Financial LLC purchased a new position in Exxon Mobil Co. (NYSE:XOMFree Report) during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund purchased 36,910 shares of the oil and gas company’s stock, valued at approximately $3,970,000. Exxon Mobil makes up about 2.7% of Manuka Financial LLC’s portfolio, making the stock its 10th biggest holding.

Several other institutional investors have also modified their holdings of the business. Retirement Wealth Solutions LLC bought a new position in shares of Exxon Mobil during the fourth quarter valued at approximately $46,000. Peterson Financial Group Inc. bought a new position in shares of Exxon Mobil during the third quarter valued at approximately $51,000. Highline Wealth Partners LLC bought a new position in shares of Exxon Mobil during the third quarter valued at approximately $54,000. Harbor Capital Advisors Inc. bought a new position in shares of Exxon Mobil during the third quarter valued at approximately $63,000. Finally, Annapolis Financial Services LLC grew its holdings in shares of Exxon Mobil by 284.9% during the third quarter. Annapolis Financial Services LLC now owns 766 shares of the oil and gas company’s stock valued at $90,000 after purchasing an additional 567 shares during the last quarter. Institutional investors and hedge funds own 61.80% of the company’s stock.

Analyst Upgrades and Downgrades

XOM has been the subject of several recent research reports. Royal Bank of Canada reaffirmed a “sector perform” rating and set a $115.00 target price on shares of Exxon Mobil in a report on Monday. BNP Paribas lowered Exxon Mobil from a “neutral” rating to an “underperform” rating and set a $105.00 price objective for the company. in a report on Wednesday, October 9th. Truist Financial increased their price objective on Exxon Mobil from $117.00 to $119.00 and gave the stock a “hold” rating in a report on Monday, January 13th. HSBC decreased their price objective on Exxon Mobil from $125.00 to $123.00 and set a “hold” rating for the company in a report on Friday. Finally, Mizuho decreased their price objective on Exxon Mobil from $137.00 to $134.00 and set a “neutral” rating for the company in a report on Monday, December 16th. One equities research analyst has rated the stock with a sell rating, eight have assigned a hold rating, eleven have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $129.25.

View Our Latest Report on XOM

Exxon Mobil Price Performance

Shares of NYSE:XOM opened at $107.08 on Tuesday. Exxon Mobil Co. has a one year low of $100.42 and a one year high of $126.34. The stock has a fifty day moving average of $110.36 and a 200-day moving average of $115.21. The company has a market capitalization of $470.63 billion, a PE ratio of 13.66, a price-to-earnings-growth ratio of 2.79 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:XOMGet Free Report) last announced its quarterly earnings data on Friday, January 31st. The oil and gas company reported $1.67 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 last year, the company posted $2.48 EPS. As a group, equities analysts anticipate that Exxon Mobil Co. will post 7.65 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. Stockholders of record on Wednesday, February 12th will be issued a $0.99 dividend. 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 3.70%. Exxon Mobil’s payout ratio is currently 50.51%.

Exxon Mobil Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Exxon Mobil (NYSE:XOM)

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