Exxon Mobil Co. (NYSE:XOM) Stock Holdings Raised by WealthBridge Capital Management LLC

WealthBridge Capital Management LLC raised its stake in Exxon Mobil Co. (NYSE:XOM) by 4.6% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 14,860 shares of the oil and gas company’s stock after purchasing an additional 651 shares during the period. WealthBridge Capital Management LLC’s holdings in Exxon Mobil were worth $1,599,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of XOM. WealthCare Investment Partners LLC grew its position in shares of Exxon Mobil by 13.3% during the 4th quarter. WealthCare Investment Partners LLC now owns 1,955 shares of the oil and gas company’s stock valued at $210,000 after buying an additional 230 shares during the last quarter. Wealth Alliance grew its position in shares of Exxon Mobil by 12.8% during the 4th quarter. Wealth Alliance now owns 25,594 shares of the oil and gas company’s stock valued at $2,753,000 after buying an additional 2,912 shares during the last quarter. Sunpointe LLC grew its position in shares of Exxon Mobil by 23.4% during the 4th quarter. Sunpointe LLC now owns 9,552 shares of the oil and gas company’s stock valued at $1,027,000 after buying an additional 1,814 shares during the last quarter. LMG Wealth Partners LLC grew its position in shares of Exxon Mobil by 0.8% during the 4th quarter. LMG Wealth Partners LLC now owns 65,704 shares of the oil and gas company’s stock valued at $7,068,000 after buying an additional 539 shares during the last quarter. Finally, Corps Capital Advisors LLC bought a new stake in shares of Exxon Mobil during the 4th quarter valued at about $574,000. Institutional investors own 61.80% of the company’s stock.

Insider Activity at Exxon Mobil

In other news, VP Darrin L. Talley sold 2,100 shares of the business’s stock in a transaction that occurred on Tuesday, February 4th. The shares were sold at an average price of $110.00, for a total transaction of $231,000.00. Following the sale, the vice president now owns 18,087 shares in the company, valued at $1,989,570. The trade was a 10.40 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Company insiders own 0.03% of the company’s stock.

Exxon Mobil Stock Down 1.2 %

XOM stock opened at $110.67 on Friday. Exxon Mobil Co. has a 12 month low of $102.88 and a 12 month high of $126.34. The firm has a market cap of $480.20 billion, a PE ratio of 14.12, a P/E/G ratio of 3.02 and a beta of 0.89. The firm has a 50 day simple moving average of $108.60 and a 200 day simple moving average of $114.49. The company has a debt-to-equity ratio of 0.14, a current ratio of 1.31 and a quick ratio of 0.97.

Exxon Mobil (NYSE:XOM) last released its earnings results on Friday, January 31st. The oil and gas company reported $1.67 EPS for the quarter, missing the consensus estimate 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 quarter last year, the business earned $2.48 EPS. Equities research analysts forecast that Exxon Mobil Co. will post 7.43 earnings per share 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. Investors of record on Wednesday, February 12th will be paid a dividend of $0.99 per share. This represents a $3.96 annualized dividend and a yield of 3.58%. The ex-dividend date of this dividend is Wednesday, February 12th. Exxon Mobil’s dividend payout ratio is presently 50.51%.

Wall Street Analyst Weigh In

A number of equities research analysts recently weighed in on the stock. TD Cowen lowered their price objective on shares of Exxon Mobil from $132.00 to $128.00 and set a “buy” rating for the company in a research report on Monday, December 16th. JPMorgan Chase & Co. reduced their target price on shares of Exxon Mobil from $130.00 to $125.00 and set an “overweight” rating for the company in a research note on Monday, December 16th. Scotiabank reduced their target price on shares of Exxon Mobil from $145.00 to $140.00 in a research note on Friday, January 31st. Truist Financial boosted their target price on shares of Exxon Mobil from $117.00 to $119.00 and gave the company a “hold” rating in a research note on Monday, January 13th. Finally, Piper Sandler reduced their target price on shares of Exxon Mobil from $138.00 to $127.00 and set an “overweight” rating for the company in a research note on Thursday, December 19th. One research analyst has rated the stock with a sell rating, eight have assigned a hold rating, eleven have given a buy rating and two have assigned a strong buy rating to the company. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target 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.