Capital Asset Advisory Services LLC Buys 2,694 Shares of Exxon Mobil Co. (NYSE:XOM)

Capital Asset Advisory Services LLC increased its stake in Exxon Mobil Co. (NYSE:XOMFree Report) by 5.5% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 51,617 shares of the oil and gas company’s stock after acquiring an additional 2,694 shares during the period. Capital Asset Advisory Services LLC’s holdings in Exxon Mobil were worth $5,161,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of XOM. KB Financial Partners LLC bought a new stake in Exxon Mobil in the 1st quarter worth $27,000. IMA Wealth Inc. boosted its holdings in shares of Exxon Mobil by 720.0% during the second quarter. IMA Wealth Inc. now owns 369 shares of the oil and gas company’s stock worth $40,000 after purchasing an additional 324 shares during the period. FWL Investment Management LLC bought a new stake in shares of Exxon Mobil in the fourth quarter worth about $43,000. Turim 21 Investimentos Ltda. increased its holdings in Exxon Mobil by 222.5% during the 1st quarter. Turim 21 Investimentos Ltda. now owns 574 shares of the oil and gas company’s stock valued at $47,000 after purchasing an additional 396 shares during the period. Finally, DHJJ Financial Advisors Ltd. bought a new position in Exxon Mobil during the 3rd quarter valued at approximately $49,000. 58.53% of the stock is currently owned by hedge funds and other institutional investors.

Exxon Mobil Price Performance

Shares of Exxon Mobil stock opened at $111.27 on Friday. The company has a market capitalization of $441.50 billion, a price-to-earnings ratio of 12.52, a PEG ratio of 4.00 and a beta of 0.96. The company has a quick ratio of 1.09, a current ratio of 1.48 and a debt-to-equity ratio of 0.18. The stock’s 50-day simple moving average is $103.01 and its 200-day simple moving average is $105.94. Exxon Mobil Co. has a 52 week low of $95.77 and a 52 week high of $120.70.

Exxon Mobil (NYSE:XOMGet Free Report) last released its quarterly earnings data on Friday, February 2nd. The oil and gas company reported $2.48 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.20 by $0.28. Exxon Mobil had a net margin of 10.45% and a return on equity of 18.51%. The firm had revenue of $84.34 billion for the quarter, compared to analysts’ expectations of $90.03 billion. During the same quarter last year, the business posted $3.40 earnings per share. The company’s revenue for the quarter was down 11.6% compared to the same quarter last year. As a group, analysts expect that Exxon Mobil Co. will post 9.12 earnings per share for the current fiscal year.

Exxon Mobil Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, March 11th. Stockholders of record on Wednesday, February 14th were given a dividend of $0.95 per share. The ex-dividend date of this dividend was Tuesday, February 13th. This represents a $3.80 dividend on an annualized basis and a dividend yield of 3.42%. Exxon Mobil’s payout ratio is 42.74%.

Analyst Upgrades and Downgrades

A number of analysts recently commented on XOM shares. Erste Group Bank reaffirmed a “hold” rating on shares of Exxon Mobil in a research note on Friday, December 22nd. Redburn Atlantic raised Exxon Mobil from a “neutral” rating to a “buy” rating and lifted their price objective for the company from $116.00 to $119.00 in a research report on Tuesday, January 9th. JPMorgan Chase & Co. lowered their price target on shares of Exxon Mobil from $134.00 to $127.00 and set an “overweight” rating for the company in a research report on Friday, December 8th. UBS Group cut their price objective on shares of Exxon Mobil from $133.00 to $132.00 and set a “buy” rating on the stock in a research report on Tuesday, January 23rd. Finally, Mizuho downgraded shares of Exxon Mobil from a “buy” rating to a “neutral” rating and set a $117.00 target price on the stock. in a research note on Wednesday, January 3rd. Nine equities research analysts have rated the stock with a hold rating and ten have given a buy rating to the stock. According to data from MarketBeat, Exxon Mobil has an average rating of “Moderate Buy” and a consensus target price of $127.53.

Check Out Our Latest Analysis on XOM

Insider Transactions at Exxon Mobil

In other news, VP Leonard M. Fox sold 12,000 shares of the business’s stock in a transaction that occurred on Monday, December 18th. The stock was sold at an average price of $102.65, for a total transaction of $1,231,800.00. Following the transaction, the vice president now owns 220,678 shares of the company’s stock, valued at approximately $22,652,596.70. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. In related news, VP Darrin L. Talley sold 2,400 shares of the business’s stock in a transaction on Thursday, February 22nd. The stock was sold at an average price of $105.00, for a total transaction of $252,000.00. Following the completion of the transaction, the vice president now owns 30,189 shares in the company, valued at approximately $3,169,845. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, VP Leonard M. Fox sold 12,000 shares of the stock in a transaction on Monday, December 18th. The stock was sold at an average price of $102.65, for a total value of $1,231,800.00. Following the completion of the sale, the vice president now owns 220,678 shares in the company, valued at approximately $22,652,596.70. The disclosure for this sale can be found here. Insiders own 0.06% of the company’s stock.

About Exxon Mobil

(Free Report)

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.

See Also

Institutional Ownership by Quarter for Exxon Mobil (NYSE:XOM)

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