2,749 Shares in Exxon Mobil Co. (NYSE:XOM) Bought by Timonier Family Office LTD.

Timonier Family Office LTD. bought a new position in shares of Exxon Mobil Co. (NYSE:XOM) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 2,749 shares of the oil and gas company’s stock, valued at approximately $296,000.

A number of other hedge funds and other institutional investors have also recently modified their holdings of XOM. FMR LLC raised its stake in Exxon Mobil by 0.3% during the third quarter. FMR LLC now owns 151,863,649 shares of the oil and gas company’s stock valued at $17,801,457,000 after purchasing an additional 395,218 shares in the last quarter. Geode Capital Management LLC raised its stake in Exxon Mobil by 1.8% during the third 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. Franklin Resources Inc. raised its stake in Exxon Mobil by 16.3% during the third 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. Charles Schwab Investment Management Inc. raised its stake in Exxon Mobil by 0.5% during the third quarter. Charles Schwab Investment Management Inc. now owns 31,160,117 shares of the oil and gas company’s stock valued at $3,652,589,000 after purchasing an additional 146,374 shares in the last quarter. Finally, Fisher Asset Management LLC raised its stake in Exxon Mobil by 3.4% during the third quarter. Fisher Asset Management LLC now owns 29,197,557 shares of the oil and gas company’s stock valued at $3,422,538,000 after purchasing an additional 949,875 shares in the last quarter. Institutional investors own 61.80% of the company’s stock.

Exxon Mobil Trading Down 1.2 %

XOM stock opened at $110.67 on Monday. The company has a market capitalization of $480.20 billion, a PE ratio of 14.12, a P/E/G ratio of 3.02 and a beta of 0.89. Exxon Mobil Co. has a 12 month low of $102.88 and a 12 month high of $126.34. The firm’s 50-day moving average is $108.60 and its 200 day moving average is $114.48. The company has a debt-to-equity ratio of 0.14, a current ratio of 1.31 and a quick ratio of 0.97.

Exxon Mobil (NYSE:XOM) last issued 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 return on equity of 12.92% and a net margin of 9.63%. During the same quarter in the prior year, the firm earned $2.48 EPS. On average, research analysts anticipate that Exxon Mobil Co. will post 7.43 EPS for the current year.

Exxon Mobil Dividend Announcement

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

Insiders Place Their Bets

In other Exxon Mobil news, VP Darrin L. Talley sold 2,100 shares of the 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 $1,989,570. This represents a 10.40 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 0.03% of the stock is owned by company insiders.

Analysts Set New Price Targets

A number of equities research analysts recently issued reports on the stock. Mizuho decreased their price target on shares of Exxon Mobil from $137.00 to $134.00 and set a “neutral” rating on the stock in a research note on Monday, December 16th. Truist Financial increased their target price 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. Wolfe Research increased their target price on shares of Exxon Mobil from $137.00 to $138.00 in a research note on Thursday, October 31st. HSBC reduced their target price on shares of Exxon Mobil from $125.00 to $123.00 and set a “hold” rating on the stock in a research note on Friday, January 31st. Finally, UBS Group reduced their target price on shares of Exxon Mobil from $149.00 to $147.00 and set a “buy” rating on the stock in a research note on Thursday, December 12th. One 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 issued a strong buy rating to the company. According to data from MarketBeat, Exxon Mobil currently has an average rating of “Moderate Buy” and a consensus target price 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.