Monument Group Wealth Advisors LLC Invests $496,000 in Exxon Mobil Co. (NYSE:XOM)

Monument Group Wealth Advisors LLC purchased a new position in shares of Exxon Mobil Co. (NYSE:XOMFree Report) during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 4,964 shares of the oil and gas company’s stock, valued at approximately $496,000. Exxon Mobil comprises 0.4% of Monument Group Wealth Advisors LLC’s investment portfolio, making the stock its 18th biggest position.

Other hedge funds also recently modified their holdings of the company. International Assets Investment Management LLC grew its stake in Exxon Mobil by 10,221.0% in the 4th quarter. International Assets Investment Management LLC now owns 4,917,763 shares of the oil and gas company’s stock valued at $491,678,000 after buying an additional 4,870,115 shares during the last quarter. FMR LLC lifted its holdings in shares of Exxon Mobil by 3.0% during the 3rd quarter. FMR LLC now owns 145,199,301 shares of the oil and gas company’s stock worth $17,072,534,000 after acquiring an additional 4,162,149 shares during the period. J.P. Morgan Private Wealth Advisors LLC bought a new position in shares of Exxon Mobil during the 3rd quarter worth about $295,515,000. Canada Pension Plan Investment Board lifted its holdings in shares of Exxon Mobil by 21,620,510.0% during the 3rd quarter. Canada Pension Plan Investment Board now owns 2,162,061 shares of the oil and gas company’s stock worth $254,215,000 after acquiring an additional 2,162,051 shares during the period. Finally, Jennison Associates LLC lifted its holdings in shares of Exxon Mobil by 650.5% during the 4th quarter. Jennison Associates LLC now owns 1,864,895 shares of the oil and gas company’s stock worth $186,452,000 after acquiring an additional 1,616,417 shares during the period. Institutional investors and hedge funds own 61.80% of the company’s stock.

Exxon Mobil Stock Up 0.0 %

Shares of NYSE XOM opened at $121.05 on Thursday. The stock has a market cap of $479.15 billion, a P/E ratio of 13.62, a P/E/G ratio of 4.16 and a beta of 0.96. The firm has a 50 day moving average price of $112.69 and a 200 day moving average price of $106.51. The company has a debt-to-equity ratio of 0.18, a quick ratio of 1.09 and a current ratio of 1.48. Exxon Mobil Co. has a 52-week low of $95.77 and a 52-week high of $123.75.

Exxon Mobil (NYSE:XOMGet Free Report) last issued its quarterly earnings data on Friday, February 2nd. The oil and gas company reported $2.48 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 during the quarter, compared to analysts’ expectations of $90.03 billion. During the same quarter in the previous year, the company earned $3.40 earnings per share. The business’s revenue for the quarter was down 11.6% on a year-over-year basis. Analysts expect that Exxon Mobil Co. will post 9.7 EPS for the current year.

Exxon Mobil Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, March 11th. Shareholders of record on Wednesday, February 14th were paid a $0.95 dividend. This represents a $3.80 dividend on an annualized basis and a yield of 3.14%. The ex-dividend date of this dividend was Tuesday, February 13th. Exxon Mobil’s payout ratio is currently 42.74%.

Wall Street Analysts Forecast Growth

A number of research firms have recently commented on XOM. Mizuho reaffirmed a “neutral” rating and set a $125.00 price objective on shares of Exxon Mobil in a report on Thursday, April 4th. Truist Financial lifted their price target on shares of Exxon Mobil from $140.00 to $146.00 and gave the company a “buy” rating in a report on Friday, April 5th. Royal Bank of Canada reissued a “sector perform” rating and set a $120.00 price target on shares of Exxon Mobil in a report on Monday, February 5th. TD Cowen lifted their price target on shares of Exxon Mobil from $115.00 to $120.00 and gave the company a “buy” rating in a report on Monday, April 1st. Finally, Scotiabank lifted their price target on shares of Exxon Mobil from $114.00 to $129.00 and gave the company a “sector perform” rating in a report on Thursday, April 11th. Eight research analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $132.28.

Get Our Latest Stock Report on Exxon Mobil

Insider Buying and Selling at Exxon Mobil

In other Exxon Mobil news, VP Darrin L. Talley sold 2,400 shares of Exxon Mobil stock in a transaction that occurred on Thursday, February 22nd. The shares were sold at an average price of $105.00, for a total value of $252,000.00. Following the transaction, the vice president now owns 30,189 shares of the company’s stock, valued at $3,169,845. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Insiders own 0.03% of the company’s stock.

Exxon Mobil Profile

(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.

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

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