3Chopt Investment Partners LLC Acquires 8,249 Shares of Exxon Mobil Co. (NYSE:XOM)

3Chopt Investment Partners LLC lifted its holdings in Exxon Mobil Co. (NYSE:XOM) by 61.3% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 21,706 shares of the oil and gas company’s stock after purchasing an additional 8,249 shares during the quarter. 3Chopt Investment Partners LLC’s holdings in Exxon Mobil were worth $2,335,000 as of its most recent SEC filing.

A number of other large investors have also bought and sold shares of the business. Fairway Wealth LLC acquired a new position in shares of Exxon Mobil in the fourth quarter valued at approximately $31,000. Keystone Financial Group Inc. bought a new stake in Exxon Mobil in the 4th quarter valued at $36,000. Retirement Wealth Solutions LLC acquired a new position in Exxon Mobil in the 4th quarter worth $46,000. Compass Planning Associates Inc acquired a new position in Exxon Mobil in the 4th quarter worth $47,000. Finally, Synergy Investment Management LLC acquired a new stake in shares of Exxon Mobil in the 4th quarter valued at about $47,000. 61.80% of the stock is owned by institutional investors.

Exxon Mobil Trading Up 3.1 %

XOM stock opened at $103.05 on Friday. Exxon Mobil Co. has a one year low of $97.80 and a one year high of $126.34. The stock has a market cap of $445.70 billion, a price-to-earnings ratio of 13.14, a price-to-earnings-growth ratio of 3.02 and a beta of 0.61. The company has a fifty day moving average price of $110.33 and a two-hundred day moving average price of $113.19. The company has a debt-to-equity ratio of 0.14, a current ratio of 1.31 and a quick ratio of 0.97.

Exxon Mobil (NYSE:XOM) last announced 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 return on equity of 12.92% and a net margin of 9.63%. During the same quarter in the prior year, the company posted $2.48 EPS. Equities analysts anticipate that Exxon Mobil Co. will post 7.43 EPS for the current year.

Exxon Mobil Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, March 10th. Stockholders of record on Wednesday, February 12th were paid a dividend of $0.99 per share. The ex-dividend date was Wednesday, February 12th. This represents a $3.96 dividend on an annualized basis and a dividend yield of 3.84%. Exxon Mobil’s dividend payout ratio (DPR) is currently 50.51%.

Insider Buying and Selling

In other Exxon Mobil news, VP Darrin L. Talley sold 2,100 shares of the stock in a transaction on Tuesday, February 4th. The stock was sold at an average price of $110.00, for a total transaction of $231,000.00. Following the transaction, the vice president now owns 18,087 shares in the company, valued at $1,989,570. This trade represents a 10.40 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.03% of the stock is currently owned by insiders.

Analysts Set New Price Targets

Several research firms have recently weighed in on XOM. Royal Bank of Canada reaffirmed 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 upped their price target on Exxon Mobil from $117.00 to $119.00 and gave the stock a “hold” rating in a research report on Monday, January 13th. Piper Sandler lowered their price objective on shares of Exxon Mobil from $138.00 to $127.00 and set an “overweight” rating on the stock in a report on Thursday, December 19th. UBS Group reduced their target price on shares of Exxon Mobil from $146.00 to $135.00 and set a “buy” rating for the company in a report on Monday, April 7th. Finally, Morgan Stanley lowered their price target on shares of Exxon Mobil from $141.00 to $138.00 and set an “overweight” rating on the stock in a research note on Thursday, March 27th. 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 given a strong buy rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $126.95.

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.