Compass Capital Corp MA ADV acquired a new position in shares of Exxon Mobil Co. (NYSE:XOM – Free Report) in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 26,418 shares of the oil and gas company’s stock, valued at approximately $2,877,000. Exxon Mobil accounts for approximately 1.1% of Compass Capital Corp MA ADV’s portfolio, making the stock its 22nd largest position.
A number of other large investors also recently made changes to their positions in XOM. Keystone Financial Group Inc. bought a new position in Exxon Mobil during the 4th quarter worth $36,000. Retirement Wealth Solutions LLC acquired a new position in shares of Exxon Mobil in the fourth quarter valued at about $46,000. Compass Financial Services Inc bought a new position in Exxon Mobil during the fourth quarter worth about $48,000. Peterson Financial Group Inc. acquired a new stake in Exxon Mobil in the 3rd quarter worth about $51,000. Finally, Highline Wealth Partners LLC bought a new stake in Exxon Mobil in the 3rd quarter valued at about $54,000. Institutional investors own 61.80% of the company’s stock.
Wall Street Analyst Weigh In
Several research analysts have recently commented on XOM shares. HSBC lowered their target price on shares of Exxon Mobil from $125.00 to $123.00 and set a “hold” rating on the stock in a report on Friday, January 31st. The Goldman Sachs Group lowered their price objective 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. JPMorgan Chase & Co. cut their target price 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. Wolfe Research increased their target price on Exxon Mobil from $137.00 to $138.00 in a report on Thursday, October 31st. Finally, Scotiabank dropped their price target on Exxon Mobil from $145.00 to $140.00 in a research note on Friday, January 31st. One analyst has rated the stock with a sell rating, eight have given a hold rating, eleven have issued a buy rating and two have assigned a strong buy rating to the company. According to data from MarketBeat, Exxon Mobil has an average rating of “Moderate Buy” and an average price target of $129.25.
Insiders Place Their Bets
In related news, VP Darrin L. Talley sold 2,100 shares of the business’s stock in a transaction on Tuesday, February 4th. The shares were sold at an average price of $110.00, for a total value of $231,000.00. Following the sale, the vice president now 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 document filed with the SEC, which is available through the SEC website. Insiders own 0.03% of the company’s stock.
Exxon Mobil Stock Up 0.4 %
Shares of XOM opened at $111.18 on Tuesday. The stock has a market capitalization of $482.42 billion, a price-to-earnings ratio of 14.18, a PEG ratio of 3.02 and a beta of 0.89. Exxon Mobil Co. has a 52 week low of $103.05 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 fifty day moving average of $108.65 and a 200-day moving average of $114.44.
Exxon Mobil (NYSE:XOM – Get Free Report) last posted 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 prior year, the company earned $2.48 earnings per share. As a group, sell-side analysts anticipate that Exxon Mobil Co. will post 7.43 earnings per share for the current fiscal year.
Exxon Mobil Dividend Announcement
The firm also recently announced a quarterly dividend, which will be paid on Monday, March 10th. Investors of record on Wednesday, February 12th will be given a dividend of $0.99 per share. The ex-dividend date is Wednesday, February 12th. This represents a $3.96 annualized dividend and a yield of 3.56%. Exxon Mobil’s dividend payout ratio is presently 50.51%.
Exxon Mobil Company 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.
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