24,943 Shares in Exxon Mobil Corporation $XOM Acquired by Winnow Wealth LLC

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

Several other institutional investors and hedge funds have also bought and sold shares of XOM. Norges Bank acquired a new position in shares of Exxon Mobil during the second quarter valued at about $6,163,719,000. First Trust Advisors LP grew its position in Exxon Mobil by 150.2% during the 2nd quarter. First Trust Advisors LP now owns 7,602,601 shares of the oil and gas company’s stock worth $819,560,000 after purchasing an additional 4,563,707 shares during the last quarter. Cerity Partners LLC increased its stake in Exxon Mobil by 200.7% during the 2nd quarter. Cerity Partners LLC now owns 2,014,446 shares of the oil and gas company’s stock valued at $217,162,000 after purchasing an additional 4,015,099 shares in the last quarter. Laurel Wealth Advisors LLC raised its holdings in shares of Exxon Mobil by 10,809.8% in the second quarter. Laurel Wealth Advisors LLC now owns 3,095,106 shares of the oil and gas company’s stock worth $333,652,000 after buying an additional 3,066,736 shares during the last quarter. Finally, Mizuho Markets Cayman LP acquired a new stake in shares of Exxon Mobil during the second quarter worth $144,147,000. 61.80% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

XOM has been the subject of a number of research analyst reports. Piper Sandler reduced their target price on Exxon Mobil from $144.00 to $142.00 and set an “overweight” rating for the company in a research note on Thursday, January 8th. Weiss Ratings restated a “hold (c)” rating on shares of Exxon Mobil in a research note on Monday, December 29th. Sanford C. Bernstein decreased their target price on Exxon Mobil from $142.00 to $137.00 and set an “outperform” rating for the company in a report on Monday, January 5th. Jefferies Financial Group increased their price target on shares of Exxon Mobil from $146.00 to $148.00 and gave the stock a “buy” rating in a report on Wednesday, December 10th. Finally, BNP Paribas Exane raised shares of Exxon Mobil from an “underperform” rating to a “neutral” rating and set a $114.00 price target for the company in a research report on Monday, December 8th. One equities research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating, seven have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $133.93.

Get Our Latest Stock Report on Exxon Mobil

Insider Activity at Exxon Mobil

In other news, VP Darrin L. Talley sold 3,000 shares of the firm’s stock in a transaction dated Wednesday, December 17th. The stock was sold at an average price of $117.19, for a total transaction of $351,570.00. Following the sale, the vice president directly owned 28,584 shares in the company, valued at $3,349,758.96. This trade represents a 9.50% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 0.03% of the stock is owned by company insiders.

Trending Headlines about Exxon Mobil

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Exxon Mobil Stock Up 0.7%

Shares of XOM stock opened at $141.43 on Friday. Exxon Mobil Corporation has a twelve month low of $97.80 and a twelve month high of $142.34. The stock 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 stock has a 50 day moving average of $122.80 and a 200 day moving average of $116.10. The company has a current ratio of 1.14, a quick ratio of 0.79 and a debt-to-equity ratio of 0.12.

Exxon Mobil (NYSE:XOMGet Free Report) last issued its quarterly earnings data on Friday, January 30th. The oil and gas company reported $1.71 EPS for the quarter, topping analysts’ consensus estimates of $1.63 by $0.08. Exxon Mobil had a net margin of 8.99% and a return on equity of 11.22%. The business had revenue of $82.31 billion for the quarter, compared to analysts’ expectations of $77.98 billion. During the same quarter last year, the company earned $1.67 EPS. The business’s revenue was down 1.3% on a year-over-year basis. As a group, sell-side analysts expect that Exxon Mobil Corporation will post 7.43 EPS for the current year.

Exxon Mobil Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, March 10th. Stockholders of record on Thursday, February 12th will be paid a dividend of $1.03 per share. This represents a $4.12 annualized dividend and a dividend yield of 2.9%. The ex-dividend date of this dividend is Thursday, February 12th. Exxon Mobil’s dividend payout ratio is presently 59.88%.

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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