Brown Financial Advisors Boosts Holdings in Exxon Mobil Co. (NYSE:XOM)

Brown Financial Advisors boosted its position in shares of Exxon Mobil Co. (NYSE:XOM) by 3.2% during the 4th quarter, HoldingsChannel.com reports. The firm owned 4,261 shares of the oil and gas company’s stock after purchasing an additional 131 shares during the period. Brown Financial Advisors’ holdings in Exxon Mobil were worth $458,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also bought and sold shares of the company. Peterson Wealth Advisors LLC raised its holdings in Exxon Mobil by 2.8% in the 3rd quarter. Peterson Wealth Advisors LLC now owns 22,133 shares of the oil and gas company’s stock worth $2,594,000 after acquiring an additional 593 shares during the last quarter. IVC Wealth Advisors LLC increased its holdings in shares of Exxon Mobil by 36.3% in the 3rd quarter. IVC Wealth Advisors LLC now owns 9,967 shares of the oil and gas company’s stock worth $1,168,000 after purchasing an additional 2,655 shares in the last quarter. Insight Folios Inc raised its stake in shares of Exxon Mobil by 4.7% in the third quarter. Insight Folios Inc now owns 72,329 shares of the oil and gas company’s stock worth $8,478,000 after purchasing an additional 3,232 shares during the last quarter. FSA Advisors Inc. lifted its holdings in shares of Exxon Mobil by 3.6% during the third quarter. FSA Advisors Inc. now owns 3,006 shares of the oil and gas company’s stock valued at $351,000 after purchasing an additional 104 shares in the last quarter. Finally, Southern Capital Advisors LLC lifted its holdings in shares of Exxon Mobil by 14.9% during the third quarter. Southern Capital Advisors LLC now owns 5,483 shares of the oil and gas company’s stock valued at $643,000 after purchasing an additional 713 shares in the last quarter. 61.80% of the stock is currently owned by institutional investors.

Exxon Mobil Trading Down 0.3 %

Shares of NYSE:XOM opened at $109.43 on Thursday. The stock has a 50 day moving average of $108.75 and a 200 day moving average of $114.34. The company has a market cap of $474.84 billion, a PE ratio of 13.96, a price-to-earnings-growth ratio of 3.02 and a beta of 0.89. Exxon Mobil Co. has a 12-month low of $103.85 and a 12-month high of $126.34. The company has a current ratio of 1.31, a quick ratio of 0.97 and a debt-to-equity ratio of 0.14.

Exxon Mobil (NYSE:XOM) last issued its quarterly earnings results 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 previous year, the company posted $2.48 EPS. As a group, equities research analysts expect that Exxon Mobil Co. will post 7.43 EPS for the current year.

Exxon Mobil Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, March 10th. Shareholders 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 dividend on an annualized basis and a yield of 3.62%. Exxon Mobil’s payout ratio is presently 50.51%.

Insiders Place Their Bets

In other news, VP Darrin L. Talley sold 2,100 shares of the company’s stock in a transaction dated Tuesday, February 4th. The stock was sold at an average price of $110.00, for a total value of $231,000.00. Following the completion of the transaction, the vice president now owns 18,087 shares of the company’s stock, valued at $1,989,570. This represents a 10.40 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. 0.03% of the stock is currently owned by company insiders.

Analyst Ratings Changes

A number of equities analysts have weighed in on XOM shares. Truist Financial boosted their target price on Exxon Mobil from $117.00 to $119.00 and gave the stock a “hold” rating in a research report on Monday, January 13th. HSBC reduced their price target 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. Argus upgraded shares of Exxon Mobil to a “strong-buy” rating in a research report on Tuesday, February 4th. The Goldman Sachs Group cut their target price on shares of Exxon Mobil from $125.00 to $123.00 and set a “neutral” rating for the company in a research report on Friday, January 31st. Finally, Piper Sandler lowered their price target on Exxon Mobil from $138.00 to $127.00 and set an “overweight” rating on the stock in a report on Thursday, December 19th. One investment analyst has rated the stock with a sell rating, eight have given a hold rating, eleven have assigned a buy rating and two have assigned a strong buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $129.25.

Exxon Mobil 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.