Defined Financial Planning LLC Takes Position in Exxon Mobil Co. (NYSE:XOM)

Defined Financial Planning LLC bought a new position in shares of Exxon Mobil Co. (NYSE:XOM) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 2,515 shares of the oil and gas company’s stock, valued at approximately $271,000.

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

Analyst Upgrades and Downgrades

XOM has been the topic of a number of recent analyst reports. Royal Bank of Canada reaffirmed a “sector perform” rating and set a $115.00 target price on shares of Exxon Mobil in a research report on Monday, February 3rd. TD Cowen cut their price objective on Exxon Mobil from $132.00 to $128.00 and set a “buy” rating on the stock in a report on Monday, December 16th. Morgan Stanley decreased their target price on shares of Exxon Mobil from $141.00 to $138.00 and set an “overweight” rating for the company in a report on Thursday, March 27th. BMO Capital Markets reduced 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. Finally, Argus raised shares of Exxon Mobil to a “strong-buy” rating in a research note on Tuesday, February 4th. One investment analyst has rated the stock with a sell rating, eight have assigned a hold rating, eleven have assigned a buy rating and two have assigned a strong buy rating to the company’s stock. According to data from MarketBeat, Exxon Mobil currently has an average rating of “Moderate Buy” and an average price target of $126.95.

Exxon Mobil Stock Up 3.1 %

Exxon Mobil stock opened at $103.05 on Monday. 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 1-year low of $97.80 and a 1-year high of $126.34. The firm’s fifty day simple moving average is $110.33 and its 200-day simple moving average is $113.19. The company has a market capitalization of $445.70 billion, a P/E ratio of 13.14, a P/E/G ratio of 3.02 and a beta of 0.61.

Exxon Mobil (NYSE:XOM) last posted 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 net margin of 9.63% and a return on equity of 12.92%. During the same period in the prior year, the business earned $2.48 EPS. Sell-side analysts forecast that Exxon Mobil Co. will post 7.43 earnings per share for the current fiscal year.

Exxon Mobil Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, March 10th. Shareholders of record on Wednesday, February 12th were issued 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 3.84%. Exxon Mobil’s dividend payout ratio (DPR) is presently 50.51%.

Insider Activity

In related news, VP Darrin L. Talley sold 2,100 shares of the company’s stock in a transaction on 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 sale, the vice president now directly owns 18,087 shares of the company’s stock, valued at approximately $1,989,570. This represents a 10.40 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 0.03% of the company’s stock.

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.