Private Capital Management LLC Purchases 466 Shares of Exxon Mobil Co. (NYSE:XOM)

Private Capital Management LLC increased its stake in Exxon Mobil Co. (NYSE:XOMFree Report) by 26.4% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 2,230 shares of the oil and gas company’s stock after buying an additional 466 shares during the quarter. Private Capital Management LLC’s holdings in Exxon Mobil were worth $223,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. BTC Capital Management Inc. purchased a new stake in Exxon Mobil in the first quarter worth $6,108,000. Daymark Wealth Partners LLC grew its stake in Exxon Mobil by 2.1% in the first quarter. Daymark Wealth Partners LLC now owns 225,588 shares of the oil and gas company’s stock valued at $26,222,000 after purchasing an additional 4,589 shares during the last quarter. Ferguson Shapiro LLC purchased a new position in Exxon Mobil in the first quarter valued at about $233,000. Sterling Financial Group Inc. boosted its holdings in Exxon Mobil by 3.5% in the first quarter. Sterling Financial Group Inc. now owns 3,279 shares of the oil and gas company’s stock worth $381,000 after acquiring an additional 110 shares in the last quarter. Finally, Johnson & White Wealth Management LLC boosted its holdings in shares of Exxon Mobil by 7.4% in the 1st quarter. Johnson & White Wealth Management LLC now owns 10,186 shares of the oil and gas company’s stock valued at $1,184,000 after acquiring an additional 699 shares during the last quarter. 61.80% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

XOM has been the topic of a number of recent analyst reports. Mizuho increased their price target on shares of Exxon Mobil from $125.00 to $128.00 and gave the stock a “neutral” rating in a report on Monday, May 13th. HSBC raised their price objective on shares of Exxon Mobil from $111.00 to $120.00 and gave the stock a “hold” rating in a research report on Tuesday, April 30th. Truist Financial restated a “hold” rating and set a $124.00 price objective (down from $146.00) on shares of Exxon Mobil in a research report on Friday, June 7th. Piper Sandler increased their target price on shares of Exxon Mobil from $130.00 to $145.00 and gave the stock an “overweight” rating in a research note on Thursday, April 18th. Finally, TD Cowen increased their target price on shares of Exxon Mobil from $128.00 to $135.00 and gave the stock a “buy” rating in a research note on Tuesday, April 30th. Nine investment analysts have rated the stock with a hold rating and ten have given a buy rating to the company’s stock. Based on data from MarketBeat, Exxon Mobil presently has an average rating of “Moderate Buy” and an average price target of $133.71.

Read Our Latest Stock Analysis on Exxon Mobil

Insiders Place Their Bets

In other Exxon Mobil news, VP Darrin L. Talley sold 2,426 shares of the firm’s stock in a transaction that occurred on Monday, April 29th. The shares were sold at an average price of $119.01, for a total transaction of $288,718.26. Following the sale, the vice president now owns 25,363 shares of the company’s stock, valued at $3,018,450.63. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. 0.03% of the stock is owned by corporate insiders.

Exxon Mobil Stock Down 0.9 %

NYSE:XOM traded down $0.98 during mid-day trading on Friday, hitting $110.76. The stock had a trading volume of 52,220,574 shares, compared to its average volume of 14,478,490. The stock has a 50-day simple moving average of $115.70 and a two-hundred day simple moving average of $109.04. The company has a market capitalization of $436.73 billion, a PE ratio of 13.59, a PEG ratio of 3.98 and a beta of 0.92. Exxon Mobil Co. has a twelve month low of $95.77 and a twelve month high of $123.75. The company has a current ratio of 1.38, a quick ratio of 1.06 and a debt-to-equity ratio of 0.15.

Exxon Mobil (NYSE:XOMGet Free Report) last issued its earnings results on Friday, April 26th. The oil and gas company reported $2.06 earnings per share for the quarter, missing the consensus estimate of $2.19 by ($0.13). The firm had revenue of $83.08 billion during the quarter, compared to analyst estimates of $79.69 billion. Exxon Mobil had a net margin of 9.62% and a return on equity of 16.75%. The firm’s revenue was down 4.0% compared to the same quarter last year. During the same period last year, the business earned $2.83 EPS. On average, equities research analysts anticipate that Exxon Mobil Co. will post 9.36 EPS for the current year.

Exxon Mobil Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, June 10th. Shareholders of record on Wednesday, May 15th were issued a dividend of $0.95 per share. The ex-dividend date of this dividend was Tuesday, May 14th. This represents a $3.80 dividend on an annualized basis and a yield of 3.43%. Exxon Mobil’s payout ratio is currently 46.57%.

Exxon Mobil Company 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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