Exxon Mobil Co. (NYSE:XOM) Shares Bought by Stockman Wealth Management Inc.

Stockman Wealth Management Inc. raised its holdings in Exxon Mobil Co. (NYSE:XOM) by 2.8% in the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 83,711 shares of the oil and gas company’s stock after acquiring an additional 2,241 shares during the period. Exxon Mobil accounts for about 1.7% of Stockman Wealth Management Inc.’s holdings, making the stock its 23rd biggest position. Stockman Wealth Management Inc.’s holdings in Exxon Mobil were worth $8,369,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of XOM. Traynor Capital Management Inc. grew its position in Exxon Mobil by 4.2% in the third quarter. Traynor Capital Management Inc. now owns 2,346 shares of the oil and gas company’s stock valued at $276,000 after purchasing an additional 94 shares in the last quarter. Money Concepts Capital Corp grew its position in Exxon Mobil by 3.1% in the third quarter. Money Concepts Capital Corp now owns 3,119 shares of the oil and gas company’s stock valued at $367,000 after purchasing an additional 95 shares in the last quarter. Defined Wealth Management LLC grew its position in Exxon Mobil by 2.4% in the third quarter. Defined Wealth Management LLC now owns 4,051 shares of the oil and gas company’s stock valued at $476,000 after purchasing an additional 96 shares in the last quarter. Well Done LLC grew its position in Exxon Mobil by 0.8% in the third quarter. Well Done LLC now owns 12,436 shares of the oil and gas company’s stock valued at $1,462,000 after purchasing an additional 97 shares in the last quarter. Finally, Crown Wealth Group LLC grew its position in Exxon Mobil by 2.4% in the third quarter. Crown Wealth Group LLC now owns 4,154 shares of the oil and gas company’s stock valued at $488,000 after purchasing an additional 97 shares in the last quarter. 61.80% of the stock is currently owned by institutional investors and hedge funds.

Exxon Mobil Price Performance

Shares of Exxon Mobil stock opened at $121.05 on Thursday. Exxon Mobil Co. has a twelve month low of $95.77 and a twelve month high of $123.75. The company has a quick ratio of 1.09, a current ratio of 1.48 and a debt-to-equity ratio of 0.18. The company has a 50-day simple moving average of $112.69 and a two-hundred day simple moving average of $106.51. The stock has a market capitalization of $479.15 billion, a price-to-earnings ratio of 13.62, a price-to-earnings-growth ratio of 4.16 and a beta of 0.96.

Exxon Mobil (NYSE:XOM) last issued its quarterly earnings data on Friday, February 2nd. The oil and gas company reported $2.48 earnings per share for the quarter, topping the consensus estimate of $2.20 by $0.28. Exxon Mobil had a net margin of 10.45% and a return on equity of 18.51%. The business had revenue of $84.34 billion during the quarter, compared to analysts’ expectations of $90.03 billion. During the same quarter in the previous year, the company earned $3.40 EPS. The business’s revenue was down 11.6% on a year-over-year basis. Analysts forecast that Exxon Mobil Co. will post 9.7 EPS for the current year.

Exxon Mobil Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, March 11th. Shareholders of record on Wednesday, February 14th were paid a $0.95 dividend. This represents a $3.80 annualized dividend and a yield of 3.14%. The ex-dividend date was Tuesday, February 13th. Exxon Mobil’s dividend payout ratio (DPR) is 42.74%.

Insider Buying and Selling at Exxon Mobil

In other Exxon Mobil news, VP Darrin L. Talley sold 2,400 shares of the firm’s stock in a transaction dated Thursday, February 22nd. The shares were sold at an average price of $105.00, for a total value of $252,000.00. Following the transaction, the vice president now directly owns 30,189 shares of the company’s stock, valued at approximately $3,169,845. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Insiders own 0.03% of the company’s stock.

Analysts Set New Price Targets

XOM has been the subject of a number of analyst reports. Wells Fargo & Company raised their target price on shares of Exxon Mobil from $126.00 to $138.00 and gave the company an “overweight” rating in a research report on Thursday, April 4th. Royal Bank of Canada reaffirmed a “sector perform” rating and issued a $120.00 target price on shares of Exxon Mobil in a research report on Monday, February 5th. Truist Financial increased their price target on shares of Exxon Mobil from $140.00 to $146.00 and gave the company a “buy” rating in a research note on Friday, April 5th. Scotiabank increased their price target on shares of Exxon Mobil from $114.00 to $129.00 and gave the company a “sector perform” rating in a research note on Thursday, April 11th. Finally, TD Cowen increased their price target on shares of Exxon Mobil from $115.00 to $120.00 and gave the company a “buy” rating in a research note on Monday, April 1st. Eight equities research analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $132.28.

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.