FSB Premier Wealth Management Inc. Buys 1,348 Shares of Exxon Mobil Co. (NYSE:XOM)

FSB Premier Wealth Management Inc. lifted its position in shares of Exxon Mobil Co. (NYSE:XOM) by 5.4% in the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 26,176 shares of the oil and gas company’s stock after buying an additional 1,348 shares during the quarter. Exxon Mobil comprises 1.1% of FSB Premier Wealth Management Inc.’s holdings, making the stock its 22nd biggest position. FSB Premier Wealth Management Inc.’s holdings in Exxon Mobil were worth $2,816,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of XOM. Fairway Wealth LLC acquired a new position in shares of Exxon Mobil during the 4th quarter worth approximately $31,000. 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 Exxon Mobil in the 4th quarter valued at $46,000. Compass Planning Associates Inc bought a new stake in shares of Exxon Mobil during the 4th quarter valued at $47,000. Finally, Synergy Investment Management LLC acquired a new stake in shares of Exxon Mobil during the 4th quarter worth $47,000. Institutional investors own 61.80% of the company’s stock.

Insider Buying and Selling at Exxon Mobil

In related news, VP Darrin L. Talley sold 2,100 shares of the company’s stock in a transaction that occurred on Tuesday, February 4th. The stock was sold at an average price of $110.00, for a total value of $231,000.00. Following the transaction, the vice president now owns 18,087 shares in the company, valued at approximately $1,989,570. This represents 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. Corporate insiders own 0.03% of the company’s stock.

Exxon Mobil Price Performance

Shares of NYSE:XOM opened at $117.66 on Monday. The firm has a market capitalization of $510.53 billion, a price-to-earnings ratio of 15.01, a PEG ratio of 3.02 and a beta of 0.83. The stock’s 50 day moving average is $110.73 and its 200-day moving average is $113.74. 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 Co. has a twelve month low of $103.67 and a twelve month high of $126.34.

Exxon Mobil (NYSE:XOM) last posted its earnings results on Friday, January 31st. The oil and gas company reported $1.67 earnings per share (EPS) 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 prior year, the business posted $2.48 earnings per share. Sell-side analysts forecast that Exxon Mobil Co. will post 7.43 EPS for the current fiscal year.

Exxon Mobil Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, March 10th. Shareholders of record on Wednesday, February 12th were given a $0.99 dividend. This represents a $3.96 annualized dividend and a yield of 3.37%. The ex-dividend date of this dividend was Wednesday, February 12th. Exxon Mobil’s dividend payout ratio is 50.51%.

Analyst Ratings Changes

Several analysts recently issued reports on XOM shares. The Goldman Sachs Group decreased their target price on Exxon Mobil from $125.00 to $123.00 and set a “neutral” rating on the stock in a research report on Friday, January 31st. Wells Fargo & Company cut their target price on shares of Exxon Mobil from $136.00 to $135.00 and set an “overweight” rating on the stock in a research report on Monday, February 3rd. Barclays lowered their price target 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. Morgan Stanley cut their price objective on Exxon Mobil from $141.00 to $138.00 and set an “overweight” rating on the stock in a report on Thursday. Finally, JPMorgan Chase & Co. dropped 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. One research analyst has rated the stock with a sell rating, eight have issued a hold rating, eleven have assigned a buy rating and two have given a strong buy rating to the company’s stock. According to MarketBeat.com, Exxon Mobil has an average rating of “Moderate Buy” and an average price target of $129.05.

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.