Mosley Wealth Management Grows Stock Holdings in Exxon Mobil Co. (NYSE:XOM)

Mosley Wealth Management lifted its stake in shares of Exxon Mobil Co. (NYSE:XOM) by 20.1% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 8,594 shares of the oil and gas company’s stock after purchasing an additional 1,440 shares during the period. Mosley Wealth Management’s holdings in Exxon Mobil were worth $934,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in XOM. KLP Kapitalforvaltning AS purchased a new stake in shares of Exxon Mobil in the fourth quarter valued at about $177,430,000. Knights of Columbus Asset Advisors LLC grew its stake in shares of Exxon Mobil by 0.9% in the 4th quarter. Knights of Columbus Asset Advisors LLC now owns 246,449 shares of the oil and gas company’s stock valued at $26,511,000 after buying an additional 2,208 shares during the period. Umpqua Bank increased its holdings in shares of Exxon Mobil by 12.9% during the 4th quarter. Umpqua Bank now owns 10,288 shares of the oil and gas company’s stock worth $1,129,000 after buying an additional 1,179 shares during the last quarter. Sfmg LLC raised its position in shares of Exxon Mobil by 11.0% during the 4th quarter. Sfmg LLC now owns 20,938 shares of the oil and gas company’s stock valued at $2,252,000 after buying an additional 2,082 shares during the period. Finally, Intellus Advisors LLC acquired a new position in Exxon Mobil in the fourth quarter valued at approximately $3,135,000. 61.80% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

XOM has been the subject of a number of recent analyst reports. Royal Bank of Canada reissued a “sector perform” rating and set a $115.00 price objective on shares of Exxon Mobil in a research report on Monday, February 3rd. Truist Financial increased their price target on shares of Exxon Mobil from $117.00 to $119.00 and gave the stock a “hold” rating in a research report on Monday, January 13th. Barclays dropped their price objective on shares of Exxon Mobil from $137.00 to $135.00 and set an “overweight” rating for the company in a report on Tuesday, March 18th. Argus upgraded shares of Exxon Mobil to a “strong-buy” rating in a report on Tuesday, February 4th. Finally, BMO Capital Markets decreased their price target 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. One investment 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 stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $129.15.

Exxon Mobil Trading Down 0.5 %

XOM opened at $115.30 on Friday. The business’s 50-day simple moving average is $110.09 and its 200-day simple moving average is $113.57. The company has a market cap of $500.29 billion, a P/E ratio of 14.71, a PEG ratio of 3.02 and a beta of 0.83. Exxon Mobil Co. has a one year low of $103.67 and a one year 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.

Exxon Mobil (NYSE:XOM) last announced its quarterly 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 quarter in the previous year, the business earned $2.48 earnings per share. As a group, equities research analysts expect that Exxon Mobil Co. will post 7.43 EPS for the current fiscal year.

Exxon Mobil Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, March 10th. Investors of record on Wednesday, February 12th were paid a dividend of $0.99 per share. The ex-dividend date of this dividend was Wednesday, February 12th. This represents a $3.96 annualized dividend and a yield of 3.43%. Exxon Mobil’s dividend payout ratio is currently 50.51%.

Insider Activity at Exxon Mobil

In other news, VP Darrin L. Talley sold 2,100 shares of Exxon Mobil stock in a transaction dated Tuesday, February 4th. The stock was sold at an average price of $110.00, for a total transaction of $231,000.00. Following the sale, 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 transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 0.03% of the stock is owned by corporate insiders.

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.