Cassady Schiller Wealth Management LLC Buys 130 Shares of Exxon Mobil Co. (NYSE:XOM)

Cassady Schiller Wealth Management LLC lifted its stake in shares of Exxon Mobil Co. (NYSE:XOM) by 1.3% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 10,456 shares of the oil and gas company’s stock after acquiring an additional 130 shares during the period. Cassady Schiller Wealth Management LLC’s holdings in Exxon Mobil were worth $1,125,000 at the end of the most recent quarter.

Other large investors also recently made changes to their positions in the company. TCTC Holdings LLC grew its position in Exxon Mobil by 0.4% in the fourth quarter. TCTC Holdings LLC now owns 68,426 shares of the oil and gas company’s stock valued at $7,361,000 after purchasing an additional 296 shares in the last quarter. Parallel Advisors LLC grew its position in Exxon Mobil by 0.4% in the fourth quarter. Parallel Advisors LLC now owns 72,667 shares of the oil and gas company’s stock valued at $7,817,000 after purchasing an additional 315 shares in the last quarter. Cibc World Markets Corp grew its position in Exxon Mobil by 80.9% in the fourth quarter. Cibc World Markets Corp now owns 1,095,621 shares of the oil and gas company’s stock valued at $117,856,000 after purchasing an additional 490,124 shares in the last quarter. Addison Capital Co grew its position in Exxon Mobil by 2.1% in the fourth quarter. Addison Capital Co now owns 14,648 shares of the oil and gas company’s stock valued at $1,576,000 after purchasing an additional 300 shares in the last quarter. Finally, Gray Wealth Management Inc. grew its position in Exxon Mobil by 11.0% in the fourth quarter. Gray Wealth Management Inc. now owns 21,333 shares of the oil and gas company’s stock valued at $2,295,000 after purchasing an additional 2,120 shares in the last quarter. Institutional investors own 61.80% of the company’s stock.

Exxon Mobil Price Performance

Shares of Exxon Mobil stock opened at $111.98 on Monday. Exxon Mobil Co. has a twelve month low of $103.67 and a twelve month high of $126.34. The company has a quick ratio of 0.97, a current ratio of 1.31 and a debt-to-equity ratio of 0.14. The company has a 50-day simple moving average of $109.34 and a two-hundred day simple moving average of $113.63. The stock has a market capitalization of $485.90 billion, a price-to-earnings ratio of 14.28, a price-to-earnings-growth ratio of 3.02 and a beta of 0.83.

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 return on equity of 12.92% and a net margin of 9.63%. During the same quarter last year, the firm posted $2.48 earnings per share. Analysts forecast that Exxon Mobil Co. will post 7.43 EPS for the current year.

Exxon Mobil Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, March 10th. Shareholders of record on Wednesday, February 12th were paid a $0.99 dividend. This represents a $3.96 annualized dividend and a yield of 3.54%. The ex-dividend date was Wednesday, February 12th. Exxon Mobil’s dividend payout ratio (DPR) is 50.51%.

Insiders Place Their Bets

In other Exxon Mobil news, VP Darrin L. Talley sold 2,100 shares of Exxon Mobil stock in a transaction dated Tuesday, February 4th. The shares were sold at an average price of $110.00, for a total value of $231,000.00. Following the completion of the sale, the vice president now owns 18,087 shares in the company, valued at $1,989,570. The trade was a 10.40 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Corporate insiders own 0.03% of the company’s stock.

Wall Street Analyst Weigh In

XOM has been the subject of a number of analyst reports. Mizuho decreased their target price on shares of Exxon Mobil from $137.00 to $134.00 and set a “neutral” rating for the company in a research report on Monday, December 16th. UBS Group decreased their target price on shares of Exxon Mobil from $149.00 to $147.00 and set a “buy” rating for the company in a research report on Thursday, December 12th. Bernstein Bank increased their price target on shares of Exxon Mobil from $138.00 to $144.00 and gave the company an “overweight” rating in a research note on Friday, January 31st. Truist Financial increased their price target on shares of Exxon Mobil from $117.00 to $119.00 and gave the company a “hold” rating in a research note on Monday, January 13th. Finally, Scotiabank cut their price target on shares of Exxon Mobil from $145.00 to $140.00 in a research note on Friday, January 31st. One equities research analyst has rated the stock with a sell rating, eight have assigned a hold rating, eleven have given a buy rating and two have assigned a strong buy rating to the company’s stock. According to MarketBeat.com, Exxon Mobil presently has a consensus rating of “Moderate Buy” and a consensus target price of $129.25.

Exxon Mobil Company Profile

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.