Exxon Mobil Co. (NYSE:XOM) Shares Purchased by Compass Ion Advisors LLC

Compass Ion Advisors LLC lifted its position in Exxon Mobil Co. (NYSE:XOM) by 0.7% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 16,428 shares of the oil and gas company’s stock after purchasing an additional 108 shares during the period. Compass Ion Advisors LLC’s holdings in Exxon Mobil were worth $1,767,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently made changes to their positions in the company. Enhancing Capital LLC acquired a new position in shares of Exxon Mobil in the 4th quarter valued at $1,205,000. Boston Partners raised its position in Exxon Mobil by 0.4% during the fourth quarter. Boston Partners now owns 511,908 shares of the oil and gas company’s stock worth $55,073,000 after acquiring an additional 2,157 shares during the period. Intech Investment Management LLC raised its position in Exxon Mobil by 12.4% during the fourth quarter. Intech Investment Management LLC now owns 578,066 shares of the oil and gas company’s stock worth $62,183,000 after acquiring an additional 63,983 shares during the period. Generali Asset Management SPA SGR acquired a new position in Exxon Mobil during the fourth quarter worth $19,921,000. Finally, Horizon Investments LLC raised its position in Exxon Mobil by 8.6% during the fourth quarter. Horizon Investments LLC now owns 50,416 shares of the oil and gas company’s stock worth $5,423,000 after acquiring an additional 3,999 shares during the period. 61.80% of the stock is currently owned by institutional investors and hedge funds.

Exxon Mobil Trading Down 0.1 %

Shares of XOM opened at $113.61 on Wednesday. The company has a current ratio of 1.31, a quick ratio of 0.97 and a debt-to-equity ratio of 0.14. Exxon Mobil Co. has a 12-month low of $103.67 and a 12-month high of $126.34. The firm has a 50-day moving average price of $109.56 and a 200 day moving average price of $113.57. The firm has a market capitalization of $492.95 billion, a P/E ratio of 14.49, a P/E/G ratio of 3.02 and a beta of 0.83.

Exxon Mobil (NYSE:XOM) last announced 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 quarter in the previous year, the business posted $2.48 EPS. Sell-side analysts forecast that Exxon Mobil Co. will post 7.43 EPS for the current year.

Exxon Mobil Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, March 10th. Shareholders of record on Wednesday, February 12th were paid a dividend of $0.99 per share. This represents a $3.96 annualized dividend and a yield of 3.49%. The ex-dividend date was Wednesday, February 12th. Exxon Mobil’s dividend payout ratio (DPR) is presently 50.51%.

Analyst Ratings Changes

A number of research firms have weighed in on XOM. BMO Capital Markets reduced their price objective on shares of 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. Wells Fargo & Company reduced their price objective on shares of Exxon Mobil from $136.00 to $135.00 and set an “overweight” rating for the company in a research report on Monday, February 3rd. Royal Bank of Canada restated a “sector perform” rating and set a $115.00 price objective on shares of Exxon Mobil in a research report on Monday, February 3rd. JPMorgan Chase & Co. dropped their target price on shares of Exxon Mobil from $130.00 to $125.00 and set an “overweight” rating for the company in a report on Monday, December 16th. Finally, Truist Financial upped their target price on shares of Exxon Mobil from $117.00 to $119.00 and gave the stock a “hold” rating in a report on Monday, January 13th. One 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 assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $129.15.

Insiders Place Their Bets

In other Exxon Mobil news, VP Darrin L. Talley sold 2,100 shares of the stock in a transaction dated Tuesday, February 4th. The shares were sold at an average price of $110.00, for a total transaction of $231,000.00. Following the completion of the transaction, 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 ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. 0.03% of the stock is currently owned by insiders.

About Exxon Mobil

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.