3,396 Shares in Exxon Mobil Co. (NYSE:XOM) Purchased by Vermillion Wealth Management Inc.

Vermillion Wealth Management Inc. acquired a new position in Exxon Mobil Co. (NYSE:XOM) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 3,396 shares of the oil and gas company’s stock, valued at approximately $365,000.

Other institutional investors have also bought and sold shares of the company. 10Elms LLP acquired a new stake in Exxon Mobil in the fourth quarter worth about $25,000. Fairway Wealth LLC acquired a new stake in Exxon Mobil in the 4th quarter valued at about $31,000. Keystone Financial Group Inc. acquired a new stake in Exxon Mobil in the 4th quarter valued at about $36,000. Compass Planning Associates Inc acquired a new stake in Exxon Mobil in the 4th quarter valued at about $47,000. Finally, Clarity Asset Management Inc. lifted its holdings in Exxon Mobil by 29.7% in the 4th quarter. Clarity Asset Management Inc. now owns 437 shares of the oil and gas company’s stock valued at $47,000 after acquiring an additional 100 shares during the last quarter. Institutional investors and hedge funds own 61.80% of the company’s stock.

Exxon Mobil Trading Up 0.1%

Shares of NYSE XOM opened at $103.11 on Friday. The stock has a market cap of $444.36 billion, a price-to-earnings ratio of 13.15, a PEG ratio of 3.02 and a beta of 0.51. The business has a 50 day simple moving average of $108.26 and a 200 day simple moving average of $110.33. Exxon Mobil Co. has a 52 week low of $97.80 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.

Exxon Mobil (NYSE:XOM) last announced its earnings results on Friday, May 2nd. The oil and gas company reported $1.76 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.73 by $0.03. The firm had revenue of $83.13 billion during the quarter, compared to analysts’ expectations of $86.11 billion. Exxon Mobil had a return on equity of 12.92% and a net margin of 9.63%. The company’s revenue was up .1% on a year-over-year basis. During the same quarter in the prior year, the business earned $2.06 earnings per share. On average, research analysts predict that Exxon Mobil Co. will post 7.43 earnings per share for the current fiscal year.

Exxon Mobil Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 10th. Stockholders of record on Thursday, May 15th will be given a $0.99 dividend. The ex-dividend date is Thursday, May 15th. This represents a $3.96 annualized dividend and a dividend yield of 3.84%. Exxon Mobil’s dividend payout ratio is 52.52%.

Wall Street Analyst Weigh In

A number of equities research analysts have weighed in on the stock. The Goldman Sachs Group cut their price target on shares of Exxon Mobil from $125.00 to $123.00 and set a “neutral” rating for the company in a report on Friday, January 31st. Piper Sandler cut their price target on shares of Exxon Mobil from $127.00 to $125.00 and set an “overweight” rating for the company in a report on Tuesday, May 13th. Argus raised shares of Exxon Mobil to a “strong-buy” rating in a report on Tuesday, February 4th. Royal Bank of Canada restated a “sector perform” rating on shares of Exxon Mobil in a report on Thursday. Finally, Bernstein Bank boosted their price objective on Exxon Mobil from $138.00 to $144.00 and gave the stock an “overweight” rating in a report on Friday, January 31st. One research analyst has rated the stock with a sell rating, nine have given a hold rating, ten have issued a buy rating and two have issued a strong buy rating to the company. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $125.50.

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.