Emerald Advisors LLC Acquires 129 Shares of Exxon Mobil Co. (NYSE:XOM)

Emerald Advisors LLC increased its holdings in Exxon Mobil Co. (NYSE:XOM) by 3.5% during the 4th quarter, HoldingsChannel.com reports. The firm owned 3,793 shares of the oil and gas company’s stock after purchasing an additional 129 shares during the period. Emerald Advisors LLC’s holdings in Exxon Mobil were worth $408,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Private Wealth Partners LLC lifted its stake in shares of Exxon Mobil by 2.9% in the fourth quarter. Private Wealth Partners LLC now owns 17,425 shares of the oil and gas company’s stock worth $1,874,000 after acquiring an additional 491 shares during the period. Sterling Financial Planning Inc. raised its holdings in Exxon Mobil by 6.0% during the 4th quarter. Sterling Financial Planning Inc. now owns 8,713 shares of the oil and gas company’s stock worth $937,000 after purchasing an additional 491 shares during the last quarter. TBH Global Asset Management LLC lifted its position in shares of Exxon Mobil by 0.6% in the 4th quarter. TBH Global Asset Management LLC now owns 49,863 shares of the oil and gas company’s stock worth $5,364,000 after purchasing an additional 309 shares during the period. Jessup Wealth Management Inc bought a new stake in shares of Exxon Mobil in the 4th quarter valued at $427,000. Finally, Fagan Associates Inc. increased its position in shares of Exxon Mobil by 9.2% during the fourth quarter. Fagan Associates Inc. now owns 42,576 shares of the oil and gas company’s stock worth $4,580,000 after buying an additional 3,587 shares during the period. 61.80% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In related news, VP Darrin L. Talley sold 2,100 shares of the business’s stock in a transaction dated Tuesday, February 4th. The shares were sold at an average price of $110.00, for a total transaction of $231,000.00. Following the transaction, the vice president now directly owns 18,087 shares in the company, valued at approximately $1,989,570. The trade was a 10.40 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 0.03% of the stock is currently owned by corporate insiders.

Exxon Mobil Price Performance

XOM stock opened at $110.67 on Friday. The company has a debt-to-equity ratio of 0.14, a quick ratio of 0.97 and a current ratio of 1.31. The business has a 50-day simple moving average of $108.60 and a two-hundred day simple moving average of $114.49. The company has a market capitalization of $480.20 billion, a P/E ratio of 14.12, a price-to-earnings-growth ratio of 3.02 and a beta of 0.89. Exxon Mobil Co. has a 52-week low of $102.88 and a 52-week high of $126.34.

Exxon Mobil (NYSE:XOM) last announced its earnings results on Friday, January 31st. The oil and gas company reported $1.67 earnings per share (EPS) 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 period in the previous year, the firm posted $2.48 EPS. Research analysts expect that Exxon Mobil Co. will post 7.43 EPS for the current fiscal year.

Exxon Mobil Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, March 10th. Stockholders of record on Wednesday, February 12th will be paid a $0.99 dividend. The ex-dividend date is Wednesday, February 12th. This represents a $3.96 annualized dividend and a dividend yield of 3.58%. Exxon Mobil’s payout ratio is 50.51%.

Analyst Ratings Changes

Several equities analysts recently issued reports on the stock. TD Cowen dropped their target price on shares of Exxon Mobil from $132.00 to $128.00 and set a “buy” rating on the stock in a report on Monday, December 16th. Wells Fargo & Company dropped their price objective on Exxon Mobil from $136.00 to $135.00 and set an “overweight” rating on the stock in a research note on Monday, February 3rd. Wolfe Research raised their target price on Exxon Mobil from $137.00 to $138.00 in a research note on Thursday, October 31st. Morgan Stanley lifted their target price on Exxon Mobil from $139.00 to $140.00 in a report on Friday, January 31st. Finally, Scotiabank cut their price target on Exxon Mobil from $145.00 to $140.00 in a report on Friday, January 31st. One equities 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 given a strong buy rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target 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.