Winnow Wealth LLC Invests $2.82 Million in Exxon Mobil Corporation $XOM

Winnow Wealth LLC bought a new stake in shares of Exxon Mobil Corporation (NYSE:XOMFree Report) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 24,943 shares of the oil and gas company’s stock, valued at approximately $2,819,000. Exxon Mobil comprises approximately 2.2% of Winnow Wealth LLC’s investment portfolio, making the stock its 7th biggest holding.

A number of other institutional investors also recently bought and sold shares of XOM. Maryland State Retirement & Pension System raised its position in Exxon Mobil by 2.6% in the 3rd quarter. Maryland State Retirement & Pension System now owns 215,892 shares of the oil and gas company’s stock worth $24,342,000 after purchasing an additional 5,573 shares during the period. Linscomb Wealth Inc. grew its stake in shares of Exxon Mobil by 1.4% during the second quarter. Linscomb Wealth Inc. now owns 389,769 shares of the oil and gas company’s stock valued at $42,017,000 after buying an additional 5,527 shares during the last quarter. U.S. Capital Wealth Advisors LLC raised its holdings in shares of Exxon Mobil by 3.3% in the third quarter. U.S. Capital Wealth Advisors LLC now owns 306,658 shares of the oil and gas company’s stock worth $34,576,000 after buying an additional 9,831 shares during the period. Capital Counsel LLC NY raised its holdings in shares of Exxon Mobil by 0.9% in the second quarter. Capital Counsel LLC NY now owns 49,687 shares of the oil and gas company’s stock worth $5,356,000 after buying an additional 460 shares during the period. Finally, OneAscent Wealth Management LLC lifted its stake in shares of Exxon Mobil by 116.7% during the 2nd quarter. OneAscent Wealth Management LLC now owns 7,657 shares of the oil and gas company’s stock worth $825,000 after acquiring an additional 4,123 shares during the last quarter. 61.80% of the stock is currently owned by institutional investors.

Insider Buying and Selling at Exxon Mobil

In related news, VP Darrin L. Talley sold 3,000 shares of the company’s stock in a transaction on Wednesday, December 17th. The stock was sold at an average price of $117.19, for a total transaction of $351,570.00. Following the completion of the sale, the vice president directly owned 28,584 shares in the company, valued at $3,349,758.96. This represents a 9.50% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this link. 0.03% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

Several equities analysts have commented on XOM shares. Zacks Research downgraded Exxon Mobil from a “hold” rating to a “strong sell” rating in a research report on Thursday, January 1st. TD Cowen restated a “buy” rating on shares of Exxon Mobil in a report on Monday. UBS Group reaffirmed a “buy” rating on shares of Exxon Mobil in a research note on Friday, January 9th. Bank of America boosted their price objective on shares of Exxon Mobil from $129.00 to $135.00 and gave the company a “neutral” rating in a research report on Wednesday. Finally, Wells Fargo & Company raised their target price on shares of Exxon Mobil from $156.00 to $158.00 and gave the stock an “overweight” rating in a research report on Thursday, December 11th. One investment analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating, seven have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $133.93.

View Our Latest Analysis on XOM

Exxon Mobil Trading Up 0.7%

NYSE:XOM opened at $141.43 on Friday. The firm has a 50-day simple moving average of $122.80 and a 200-day simple moving average of $116.10. Exxon Mobil Corporation has a one year low of $97.80 and a one year high of $142.34. The firm has a market cap of $596.43 billion, a P/E ratio of 20.56, a P/E/G ratio of 14.84 and a beta of 0.37. The company has a debt-to-equity ratio of 0.12, a quick ratio of 0.79 and a current ratio of 1.14.

Exxon Mobil (NYSE:XOMGet Free Report) last issued its quarterly earnings data on Friday, January 30th. The oil and gas company reported $1.71 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.63 by $0.08. The company had revenue of $82.31 billion for the quarter, compared to analyst estimates of $77.98 billion. Exxon Mobil had a net margin of 8.99% and a return on equity of 11.22%. Exxon Mobil’s revenue was down 1.3% compared to the same quarter last year. During the same period last year, the company posted $1.67 earnings per share. Equities analysts anticipate that Exxon Mobil Corporation will post 7.43 EPS for the current fiscal year.

Exxon Mobil Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, March 10th. Stockholders of record on Thursday, February 12th will be issued a $1.03 dividend. The ex-dividend date is Thursday, February 12th. This represents a $4.12 dividend on an annualized basis and a dividend yield of 2.9%. Exxon Mobil’s dividend payout ratio (DPR) is currently 59.88%.

Exxon Mobil News Summary

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

About Exxon Mobil

(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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