Exxon Mobil Co. (NYSE:XOM) Shares Bought by Aire Advisors LLC

Aire Advisors LLC boosted its stake in shares of Exxon Mobil Co. (NYSE:XOM) by 75.0% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 10,287 shares of the oil and gas company’s stock after purchasing an additional 4,408 shares during the quarter. Aire Advisors LLC’s holdings in Exxon Mobil were worth $1,107,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. Fairway Wealth LLC bought a new stake in Exxon Mobil in the 4th quarter valued at about $31,000. Keystone Financial Group Inc. acquired a new position in shares of Exxon Mobil during the fourth quarter worth approximately $36,000. Retirement Wealth Solutions LLC bought a new position in Exxon Mobil in the 4th quarter worth approximately $46,000. Compass Planning Associates Inc bought a new stake in Exxon Mobil during the 4th quarter valued at $47,000. Finally, Synergy Investment Management LLC bought a new stake in shares of Exxon Mobil during the fourth quarter valued at about $47,000. 61.80% of the stock is currently owned by institutional investors.

Exxon Mobil Stock Performance

Shares of Exxon Mobil stock opened at $115.81 on Tuesday. Exxon Mobil Co. has a 52 week low of $103.67 and a 52 week high of $126.34. The company has a debt-to-equity ratio of 0.14, a quick ratio of 0.97 and a current ratio of 1.31. The stock has a market capitalization of $502.52 billion, a price-to-earnings ratio of 14.77, a PEG ratio of 3.02 and a beta of 0.83. The firm has a fifty day moving average of $110.22 and a two-hundred day moving average of $113.58.

Exxon Mobil (NYSE:XOM) last posted its earnings results on Friday, January 31st. The oil and gas company reported $1.67 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.77 by ($0.10). Exxon Mobil had a return on equity of 12.92% and a net margin of 9.63%. During the same period last year, the business earned $2.48 EPS. As a group, equities research analysts predict that Exxon Mobil Co. will post 7.43 EPS for the current year.

Exxon Mobil Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, March 10th. Investors of record on Wednesday, February 12th were paid a $0.99 dividend. The ex-dividend date was Wednesday, February 12th. This represents a $3.96 annualized dividend and a dividend yield of 3.42%. Exxon Mobil’s dividend payout ratio is presently 50.51%.

Insider Buying and Selling at Exxon Mobil

In other Exxon Mobil news, VP Darrin L. Talley sold 2,100 shares of the firm’s stock in a transaction on Tuesday, February 4th. The stock was sold at an average price of $110.00, for a total transaction of $231,000.00. Following the completion of the sale, the vice president now owns 18,087 shares of the company’s stock, valued at $1,989,570. This trade represents a 10.40 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Corporate insiders own 0.03% of the company’s stock.

Analysts Set New Price Targets

A number of analysts have recently commented on XOM shares. UBS Group dropped their price objective on Exxon Mobil from $149.00 to $147.00 and set a “buy” rating on the stock in a research note on Thursday, December 12th. JPMorgan Chase & Co. decreased their price target on Exxon Mobil from $130.00 to $125.00 and set an “overweight” rating for the company in a research report on Monday, December 16th. Barclays reduced their price objective on shares of Exxon Mobil from $137.00 to $135.00 and set an “overweight” rating for the company in a research note on Tuesday, March 18th. Wells Fargo & Company dropped their target price on shares of Exxon Mobil from $136.00 to $135.00 and set an “overweight” rating on the stock in a research report on Monday, February 3rd. Finally, BMO Capital Markets reduced their price objective on Exxon Mobil from $130.00 to $123.00 and set a “market perform” rating for the company in a research report on Friday, January 31st. One analyst has rated the stock with a sell rating, eight have issued a hold rating, eleven have given a buy rating and two have assigned a strong buy rating to the stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $129.15.

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.