Exxon Mobil Co. (NYSE:XOM) Shares Acquired by Leo Wealth LLC

Leo Wealth LLC increased its stake in Exxon Mobil Co. (NYSE:XOM) by 4.8% in the 4th quarter, HoldingsChannel.com reports. The firm owned 42,207 shares of the oil and gas company’s stock after buying an additional 1,932 shares during the quarter. Leo Wealth LLC’s holdings in Exxon Mobil were worth $4,540,000 at the end of the most recent reporting period.

Other institutional investors have also bought and sold shares of the company. International Assets Investment Management LLC boosted its position in shares of Exxon Mobil by 7,761.0% during the 3rd quarter. International Assets Investment Management LLC now owns 6,893,677 shares of the oil and gas company’s stock valued at $808,077,000 after purchasing an additional 6,805,982 shares in the last quarter. Pacer Advisors Inc. boosted its position in shares of Exxon Mobil by 1,524.1% during the 4th quarter. Pacer Advisors Inc. now owns 5,445,922 shares of the oil and gas company’s stock valued at $585,818,000 after purchasing an additional 5,110,603 shares in the last quarter. Franklin Resources Inc. boosted its position in shares of Exxon Mobil by 16.3% during the 3rd quarter. Franklin Resources Inc. now owns 31,522,556 shares of the oil and gas company’s stock valued at $3,936,929,000 after purchasing an additional 4,415,012 shares in the last quarter. Assenagon Asset Management S.A. boosted its position in shares of Exxon Mobil by 168.5% during the 3rd quarter. Assenagon Asset Management S.A. now owns 4,530,457 shares of the oil and gas company’s stock valued at $531,060,000 after purchasing an additional 2,842,844 shares in the last quarter. Finally, Geode Capital Management LLC boosted its position in shares of Exxon Mobil by 1.8% during the 3rd quarter. Geode Capital Management LLC now owns 92,194,981 shares of the oil and gas company’s stock valued at $10,777,735,000 after purchasing an additional 1,622,064 shares in the last quarter. Institutional investors and hedge funds own 61.80% of the company’s stock.

Insider Activity at Exxon Mobil

In other Exxon Mobil news, VP Darrin L. Talley sold 2,100 shares of the stock in a transaction that occurred on Tuesday, February 4th. The stock was sold at an average price of $110.00, for a total transaction of $231,000.00. Following the transaction, the vice president now owns 18,087 shares in the company, valued at $1,989,570. This trade represents a 10.40 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Insiders own 0.03% of the company’s stock.

Exxon Mobil Price Performance

Shares of XOM opened at $110.98 on Tuesday. The firm has a market cap of $487.75 billion, a PE ratio of 14.15, a PEG ratio of 2.94 and a beta of 0.89. The firm’s 50 day moving average price is $109.41 and its 200 day moving average price is $114.97. 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 Co. has a twelve month low of $100.42 and a twelve month high of $126.34.

Exxon Mobil (NYSE:XOM) last issued its quarterly earnings data 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 quarter in the prior year, the business posted $2.48 EPS. As a group, research analysts expect that Exxon Mobil Co. will post 7.37 EPS for the current fiscal year.

Exxon Mobil Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, March 10th. Investors of record on Wednesday, February 12th will be given a dividend of $0.99 per share. This represents a $3.96 annualized dividend and a yield of 3.57%. The ex-dividend date of this dividend is Wednesday, February 12th. Exxon Mobil’s payout ratio is presently 50.51%.

Wall Street Analyst Weigh In

Several research firms have recently weighed in on XOM. Piper Sandler reduced their price objective on shares of Exxon Mobil from $138.00 to $127.00 and set an “overweight” rating for the company in a research report on Thursday, December 19th. Mizuho reduced their price objective on shares of Exxon Mobil from $137.00 to $134.00 and set a “neutral” rating for the company in a research note on Monday, December 16th. UBS Group reduced their price objective on shares of Exxon Mobil from $149.00 to $147.00 and set a “buy” rating for the company in a research note on Thursday, December 12th. HSBC reduced their price objective on shares of Exxon Mobil from $125.00 to $123.00 and set a “hold” rating for the company in a research note on Friday, January 31st. Finally, BMO Capital Markets reduced their price objective on shares of Exxon Mobil from $130.00 to $123.00 and set a “market perform” rating for the company in a research note on Friday, January 31st. One research analyst has rated the stock with a sell rating, eight have issued a hold rating, eleven have given a buy rating and two have assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, Exxon Mobil currently has a consensus rating of “Moderate Buy” and a consensus price target of $129.25.

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.