Exxon Mobil Co. (NYSE:XOM) Shares Bought by Analyst IMS Investment Management Services Ltd.

Analyst IMS Investment Management Services Ltd. increased its holdings in Exxon Mobil Co. (NYSE:XOM) by 16.9% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 8,243 shares of the oil and gas company’s stock after buying an additional 1,193 shares during the period. Analyst IMS Investment Management Services Ltd.’s holdings in Exxon Mobil were worth $887,000 as of its most recent filing with the SEC.

A number of other institutional investors have also modified their holdings of the business. Wellington Shields Capital Management LLC boosted its position in Exxon Mobil by 103.0% during the 4th quarter. Wellington Shields Capital Management LLC now owns 269,749 shares of the oil and gas company’s stock valued at $29,017,000 after purchasing an additional 136,879 shares during the period. Renasant Bank lifted its stake in Exxon Mobil by 5.0% in the fourth quarter. Renasant Bank now owns 10,369 shares of the oil and gas company’s stock valued at $1,115,000 after buying an additional 493 shares during the last quarter. King Wealth Management Group lifted its stake in Exxon Mobil by 2.7% in the fourth quarter. King Wealth Management Group now owns 31,130 shares of the oil and gas company’s stock valued at $3,349,000 after buying an additional 809 shares during the last quarter. Aviso Financial Inc. boosted its holdings in shares of Exxon Mobil by 6.9% during the fourth quarter. Aviso Financial Inc. now owns 8,899 shares of the oil and gas company’s stock valued at $957,000 after acquiring an additional 573 shares during the period. Finally, Atala Financial Inc bought a new position in shares of Exxon Mobil during the fourth quarter worth about $311,000. Institutional investors own 61.80% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research firms have issued reports on XOM. BMO Capital Markets reduced their target price on shares of Exxon Mobil from $130.00 to $123.00 and set a “market perform” rating for the company in a research note on Friday, January 31st. JPMorgan Chase & Co. cut their price target on Exxon Mobil from $130.00 to $125.00 and set an “overweight” rating on the stock in a report on Monday, December 16th. Truist Financial increased their price objective on Exxon Mobil from $117.00 to $119.00 and gave the stock a “hold” rating in a report on Monday, January 13th. The Goldman Sachs Group cut their target price on Exxon Mobil from $125.00 to $123.00 and set a “neutral” rating on the stock in a research note on Friday, January 31st. Finally, HSBC decreased their price target on Exxon Mobil from $125.00 to $123.00 and set a “hold” rating for the company in a research note on Friday, January 31st. One equities research analyst has rated the stock with a sell rating, eight have issued a hold rating, eleven have given a buy rating and two have given a strong buy rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $129.25.

Insider Transactions at Exxon Mobil

In other news, VP Darrin L. Talley sold 2,100 shares of Exxon Mobil 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 transaction, the vice president now owns 18,087 shares in the company, valued at approximately $1,989,570. The trade was a 10.40 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. 0.03% of the stock is currently owned by insiders.

Exxon Mobil Price Performance

Shares of NYSE:XOM opened at $108.58 on Friday. The company has a market capitalization of $471.14 billion, a PE ratio of 13.85, a price-to-earnings-growth ratio of 3.02 and a beta of 0.83. 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 fifty day moving average of $109.26 and a 200-day moving average of $113.73. Exxon Mobil Co. has a one year low of $103.67 and a one year high of $126.34.

Exxon Mobil (NYSE:XOM) last announced 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 period in the previous year, the company earned $2.48 EPS. As a group, equities analysts anticipate that Exxon Mobil Co. will post 7.43 EPS for the current fiscal year.

Exxon Mobil Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, March 10th. Stockholders of record on Wednesday, February 12th were given a $0.99 dividend. This represents a $3.96 annualized dividend and a dividend yield of 3.65%. The ex-dividend date was Wednesday, February 12th. Exxon Mobil’s dividend payout ratio (DPR) is currently 50.51%.

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.