Bridgewater Advisors Inc. Buys 133 Shares of Exxon Mobil Co. (NYSE:XOM)

Bridgewater Advisors Inc. boosted its stake in Exxon Mobil Co. (NYSE:XOM) by 0.4% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 32,433 shares of the oil and gas company’s stock after acquiring an additional 133 shares during the period. Bridgewater Advisors Inc.’s holdings in Exxon Mobil were worth $3,243,000 at the end of the most recent reporting period.

Several other large investors have also added to or reduced their stakes in the stock. Brighton Jones LLC boosted its holdings in shares of Exxon Mobil by 27.7% during the 4th quarter. Brighton Jones LLC now owns 149,876 shares of the oil and gas company’s stock valued at $14,985,000 after buying an additional 32,521 shares in the last quarter. Vanguard Capital Wealth Advisors boosted its holdings in shares of Exxon Mobil by 9.8% during the 4th quarter. Vanguard Capital Wealth Advisors now owns 5,116 shares of the oil and gas company’s stock valued at $512,000 after buying an additional 458 shares in the last quarter. Pekin Hardy Strauss Inc. boosted its holdings in shares of Exxon Mobil by 0.5% during the 4th quarter. Pekin Hardy Strauss Inc. now owns 105,585 shares of the oil and gas company’s stock valued at $10,556,000 after buying an additional 500 shares in the last quarter. WealthTrust Axiom LLC boosted its holdings in shares of Exxon Mobil by 15.1% during the 4th quarter. WealthTrust Axiom LLC now owns 14,822 shares of the oil and gas company’s stock valued at $1,482,000 after buying an additional 1,941 shares in the last quarter. Finally, Certuity LLC boosted its holdings in shares of Exxon Mobil by 9.8% during the 4th quarter. Certuity LLC now owns 397,922 shares of the oil and gas company’s stock valued at $39,784,000 after buying an additional 35,647 shares in the last quarter. Institutional investors own 61.80% of the company’s stock.

Insider Activity

In other news, VP Darrin L. Talley sold 2,426 shares of the company’s stock in a transaction dated Monday, April 29th. The shares were sold at an average price of $119.01, for a total transaction of $288,718.26. Following the completion of the sale, the vice president now owns 25,363 shares of the company’s stock, valued at approximately $3,018,450.63. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. In related news, VP Darrin L. Talley sold 2,400 shares of the business’s stock in a transaction that occurred on Thursday, February 22nd. The stock was sold at an average price of $105.00, for a total transaction of $252,000.00. Following the completion of the transaction, the vice president now directly owns 30,189 shares in the company, valued at approximately $3,169,845. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Also, VP Darrin L. Talley sold 2,426 shares of the business’s stock in a transaction that occurred on Monday, April 29th. The shares were sold at an average price of $119.01, for a total value of $288,718.26. Following the transaction, the vice president now owns 25,363 shares of the company’s stock, valued at $3,018,450.63. The disclosure for this sale can be found here. Insiders own 0.03% of the company’s stock.

Exxon Mobil Price Performance

NYSE XOM opened at $118.38 on Wednesday. Exxon Mobil Co. has a 52 week low of $95.77 and a 52 week high of $123.75. The firm has a market capitalization of $468.58 billion, a P/E ratio of 14.49, a PEG ratio of 4.14 and a beta of 0.96. The company has a quick ratio of 1.06, a current ratio of 1.38 and a debt-to-equity ratio of 0.15. The company has a 50-day moving average price of $113.96 and a 200-day moving average price of $106.79.

Exxon Mobil (NYSE:XOM) last released its quarterly earnings results on Friday, April 26th. The oil and gas company reported $2.06 EPS for the quarter, missing the consensus estimate of $2.19 by ($0.13). Exxon Mobil had a net margin of 9.62% and a return on equity of 16.75%. The business had revenue of $83.08 billion for the quarter, compared to analysts’ expectations of $79.69 billion. During the same period in the previous year, the company earned $2.83 EPS. Exxon Mobil’s revenue for the quarter was down 4.0% compared to the same quarter last year. Equities research analysts anticipate that Exxon Mobil Co. will post 9.62 earnings per share for the current year.

Exxon Mobil Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, June 10th. Stockholders of record on Wednesday, May 15th will be given a dividend of $0.95 per share. This represents a $3.80 annualized dividend and a dividend yield of 3.21%. The ex-dividend date is Tuesday, May 14th. Exxon Mobil’s payout ratio is currently 46.57%.

Analyst Upgrades and Downgrades

A number of analysts have recently commented on XOM shares. Barclays started coverage on shares of Exxon Mobil in a report on Wednesday, April 10th. They set an “overweight” rating and a $147.00 target price on the stock. TD Cowen boosted their target price on shares of Exxon Mobil from $128.00 to $135.00 and gave the company a “buy” rating in a report on Tuesday. Piper Sandler lifted their price target on Exxon Mobil from $130.00 to $145.00 and gave the stock an “overweight” rating in a research report on Thursday, April 18th. Wells Fargo & Company lifted their price target on Exxon Mobil from $138.00 to $142.00 and gave the stock an “overweight” rating in a research report on Tuesday. Finally, Truist Financial lifted their price target on Exxon Mobil from $140.00 to $146.00 and gave the stock a “buy” rating in a research report on Friday, April 5th. Nine equities research analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $133.56.

About Exxon Mobil

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.