Exxon Mobil Corporation $XOM Shares Acquired by Lineweaver Wealth Advisors LLC

Lineweaver Wealth Advisors LLC lifted its stake in shares of Exxon Mobil Corporation (NYSE:XOMFree Report) by 15.0% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 37,990 shares of the oil and gas company’s stock after purchasing an additional 4,954 shares during the period. Lineweaver Wealth Advisors LLC’s holdings in Exxon Mobil were worth $4,572,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Chesley Taft & Associates LLC boosted its position in shares of Exxon Mobil by 10.7% in the 4th quarter. Chesley Taft & Associates LLC now owns 135,621 shares of the oil and gas company’s stock valued at $16,321,000 after purchasing an additional 13,100 shares during the period. Cypress Wealth Services LLC raised its holdings in Exxon Mobil by 21.7% during the 4th quarter. Cypress Wealth Services LLC now owns 19,518 shares of the oil and gas company’s stock worth $2,349,000 after buying an additional 3,475 shares during the period. Cushing Capital Partners LLC purchased a new stake in Exxon Mobil during the fourth quarter valued at about $218,000. Cottonwood Capital Advisors LLC purchased a new stake in Exxon Mobil during the fourth quarter valued at about $203,000. Finally, MFA Wealth Advisors LLC boosted its holdings in shares of Exxon Mobil by 4.8% in the fourth quarter. MFA Wealth Advisors LLC now owns 42,757 shares of the oil and gas company’s stock worth $5,145,000 after buying an additional 1,967 shares during the period. Institutional investors and hedge funds own 61.80% of the company’s stock.

Insider Buying and Selling at Exxon Mobil

In related news, VP Darrin L. Talley sold 5,000 shares of the stock in a transaction on Monday, February 2nd. The stock was sold at an average price of $139.75, for a total transaction of $698,750.00. Following the completion of the sale, the vice president directly owned 23,584 shares in the company, valued at approximately $3,295,864. This trade represents a 17.49% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders have sold 11,460 shares of company stock valued at $1,687,854 over the last 90 days. Corporate insiders own 0.03% of the company’s stock.

Exxon Mobil News Summary

Here are the key news stories impacting Exxon Mobil this week:

Exxon Mobil Price Performance

NYSE XOM opened at $171.38 on Tuesday. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.15 and a quick ratio of 0.79. The firm has a market capitalization of $714.10 billion, a price-to-earnings ratio of 25.62, a price-to-earnings-growth ratio of 1.27 and a beta of 0.35. The company has a 50 day simple moving average of $150.14 and a 200-day simple moving average of $128.66. Exxon Mobil Corporation has a 52-week low of $97.80 and a 52-week high of $176.41.

Exxon Mobil (NYSE:XOMGet Free Report) last announced its quarterly earnings data on Friday, January 30th. The oil and gas company reported $1.71 EPS for the quarter, beating analysts’ consensus estimates of $1.63 by $0.08. Exxon Mobil had a net margin of 8.68% and a return on equity of 11.21%. The firm had revenue of $80.04 billion for the quarter, compared to the consensus estimate of $77.98 billion. During the same period in the previous year, the firm posted $1.67 earnings per share. The firm’s revenue was down 1.3% on a year-over-year basis. Equities research analysts predict that Exxon Mobil Corporation will post 7.43 earnings per share for the current fiscal year.

Exxon Mobil Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, March 10th. Stockholders of record on Thursday, February 12th were paid a $1.03 dividend. The ex-dividend date of this dividend was Thursday, February 12th. This represents a $4.12 dividend on an annualized basis and a dividend yield of 2.4%. Exxon Mobil’s dividend payout ratio is 61.58%.

Analyst Ratings Changes

XOM has been the topic of several analyst reports. Bank of America lifted their target price on shares of Exxon Mobil from $135.00 to $151.00 and gave the stock a “neutral” rating in a research report on Monday, March 2nd. Piper Sandler raised their price objective on shares of Exxon Mobil from $145.00 to $186.00 and gave the stock an “overweight” rating in a research note on Thursday, March 12th. Sanford C. Bernstein lowered their price objective on shares of Exxon Mobil from $142.00 to $137.00 and set an “outperform” rating on the stock in a research report on Monday, January 5th. BMO Capital Markets reissued a “market perform” rating and set a $155.00 target price on shares of Exxon Mobil in a research note on Wednesday, February 4th. Finally, Royal Bank Of Canada increased their target price on Exxon Mobil from $145.00 to $150.00 and gave the company a “sector perform” rating in a report on Monday, February 2nd. Nine research analysts have rated the stock with a Buy rating, nine have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the company has a consensus rating of “Hold” and an average price target of $151.00.

Read Our Latest Stock Analysis on XOM

Exxon Mobil Profile

(Free Report)

Exxon Mobil Corporation (NYSE: XOM) is an integrated oil and gas company engaged in the exploration, production, refining, distribution and marketing of petroleum products and the manufacture and sale of petrochemicals. Its operations span the full energy value chain, including upstream exploration and development of crude oil and natural gas; midstream transportation and storage; and downstream refining, product distribution and retail. The company also produces a broad range of chemical products for industrial and consumer applications.

ExxonMobil markets fuels and lubricants under well-known brands such as Exxon, Mobil and Esso, and its Mobil 1 motor oil is a prominent consumer product.

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

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