Exxon Mobil Co. (NYSE:XOM) Shares Acquired by Fusion Capital LLC

Fusion Capital LLC increased its holdings in shares of Exxon Mobil Co. (NYSE:XOM) by 3.3% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 71,519 shares of the oil and gas company’s stock after acquiring an additional 2,266 shares during the period. Exxon Mobil makes up approximately 3.1% of Fusion Capital LLC’s portfolio, making the stock its 12th biggest holding. Fusion Capital LLC’s holdings in Exxon Mobil were worth $7,693,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of the business. Keystone Financial Group Inc. acquired a new stake in shares of Exxon Mobil during the 4th quarter valued at approximately $36,000. Retirement Wealth Solutions LLC purchased a new position in Exxon Mobil in the 4th quarter valued at approximately $46,000. Compass Planning Associates Inc acquired a new position in Exxon Mobil during the fourth quarter worth $47,000. Peterson Financial Group Inc. acquired a new stake in Exxon Mobil in the third quarter valued at $51,000. Finally, Compass Financial Services Inc purchased a new position in shares of Exxon Mobil in the fourth quarter valued at $48,000. Hedge funds and other institutional investors own 61.80% of the company’s stock.

Insider Transactions at Exxon Mobil

In other Exxon Mobil news, VP Darrin L. Talley sold 2,100 shares of Exxon Mobil 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 transaction, the vice president now directly owns 18,087 shares of the company’s stock, valued at $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 is accessible through this hyperlink. Company insiders own 0.03% of the company’s stock.

Exxon Mobil Stock Performance

NYSE:XOM opened at $111.33 on Friday. The company has a market cap of $483.08 billion, a P/E ratio of 14.20, a P/E/G ratio of 3.02 and a beta of 0.89. The firm’s 50 day moving average is $108.95 and its two-hundred day moving average is $114.23. Exxon Mobil Co. has a fifty-two week low of $104.03 and a fifty-two week high of $126.34. The company has a quick ratio of 0.97, a current ratio of 1.31 and a debt-to-equity ratio of 0.14.

Exxon Mobil (NYSE:XOM) last issued its earnings results on Friday, January 31st. The oil and gas company reported $1.67 earnings per share 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 in the previous year, the business earned $2.48 earnings per share. Analysts expect that Exxon Mobil Co. will post 7.43 EPS for the current year.

Exxon Mobil Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, March 10th. Stockholders of record on Wednesday, February 12th will be paid a $0.99 dividend. This represents a $3.96 annualized dividend and a dividend yield of 3.56%. The ex-dividend date is Wednesday, February 12th. Exxon Mobil’s dividend payout ratio is currently 50.51%.

Analyst Upgrades and Downgrades

A number of equities research analysts recently commented on XOM shares. BMO Capital Markets lowered their price objective on shares of Exxon Mobil from $130.00 to $123.00 and set a “market perform” rating on the stock in a research note on Friday, January 31st. JPMorgan Chase & Co. lowered their price target on shares of Exxon Mobil from $130.00 to $125.00 and set an “overweight” rating on the stock in a research report on Monday, December 16th. Scotiabank cut their price objective on Exxon Mobil from $145.00 to $140.00 in a research report on Friday, January 31st. The Goldman Sachs Group lowered their target price on Exxon Mobil from $125.00 to $123.00 and set a “neutral” rating on the stock in a report on Friday, January 31st. Finally, HSBC cut their price target on Exxon Mobil from $125.00 to $123.00 and set a “hold” rating for the company in a report on Friday, January 31st. One analyst has rated the stock with a sell rating, eight have given a hold rating, eleven have given a buy rating and two have assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus 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.