Exxon Mobil Co. (NYSE:XOM) Shares Acquired by U.S. Capital Wealth Advisors LLC

U.S. Capital Wealth Advisors LLC boosted its holdings in Exxon Mobil Co. (NYSE:XOM) by 1.0% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 286,890 shares of the oil and gas company’s stock after acquiring an additional 2,829 shares during the period. Exxon Mobil accounts for about 1.0% of U.S. Capital Wealth Advisors LLC’s investment portfolio, making the stock its 13th largest position. U.S. Capital Wealth Advisors LLC’s holdings in Exxon Mobil were worth $30,861,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in XOM. Retirement Wealth Solutions LLC purchased a new position in Exxon Mobil during the fourth quarter worth $46,000. Peterson Financial Group Inc. acquired a new stake in shares of Exxon Mobil during the third quarter valued at $51,000. Highline Wealth Partners LLC purchased a new stake in Exxon Mobil during the 3rd quarter worth about $54,000. Harbor Capital Advisors Inc. acquired a new position in Exxon Mobil in the 3rd quarter valued at about $63,000. Finally, Annapolis Financial Services LLC lifted its holdings in Exxon Mobil by 284.9% in the 3rd quarter. Annapolis Financial Services LLC now owns 766 shares of the oil and gas company’s stock valued at $90,000 after purchasing an additional 567 shares in the last quarter. 61.80% of the stock is currently owned by hedge funds and other institutional investors.

Exxon Mobil Price Performance

Shares of NYSE XOM opened at $109.95 on Wednesday. Exxon Mobil Co. has a 1-year low of $100.42 and a 1-year high of $126.34. The firm has a market capitalization of $483.22 billion, a PE ratio of 14.02, a P/E/G ratio of 2.79 and a beta of 0.89. The company has a debt-to-equity ratio of 0.14, a current ratio of 1.31 and a quick ratio of 0.97. The business’s fifty day moving average price is $110.10 and its two-hundred day moving average price is $115.13.

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 company earned $2.48 earnings per share. On average, research analysts expect that Exxon Mobil Co. will post 7.65 EPS for the current 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 issued a $0.99 dividend. This represents a $3.96 dividend on an annualized basis and a yield of 3.60%. The ex-dividend date is Wednesday, February 12th. Exxon Mobil’s dividend payout ratio (DPR) is 50.51%.

Analysts Set New Price Targets

Several research analysts have weighed in on XOM shares. Truist Financial boosted their price target on Exxon Mobil from $117.00 to $119.00 and gave the company a “hold” rating in a report on Monday, January 13th. Morgan Stanley upped their target price on Exxon Mobil from $139.00 to $140.00 in a research note on Friday, January 31st. BNP Paribas lowered Exxon Mobil from a “neutral” rating to an “underperform” rating and set a $105.00 price target on the stock. in a research note on Wednesday, October 9th. HSBC dropped 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, Wells Fargo & Company decreased their target price on shares of Exxon Mobil from $136.00 to $135.00 and set an “overweight” rating on the stock in a research report on Monday. One equities research analyst has rated the stock with a sell rating, eight have given a hold rating, eleven have given a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average 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.