U.S. Capital Wealth Advisors LLC Purchases 9,831 Shares of Exxon Mobil Corporation $XOM

U.S. Capital Wealth Advisors LLC boosted its position in shares of Exxon Mobil Corporation (NYSE:XOMFree Report) by 3.3% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 306,658 shares of the oil and gas company’s stock after buying an additional 9,831 shares during the period. Exxon Mobil makes up about 0.9% of U.S. Capital Wealth Advisors LLC’s portfolio, making the stock its 13th biggest holding. U.S. Capital Wealth Advisors LLC’s holdings in Exxon Mobil were worth $34,576,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Norges Bank bought a new position in shares of Exxon Mobil during the 2nd quarter valued at approximately $6,163,719,000. Kingstone Capital Partners Texas LLC purchased a new stake in Exxon Mobil during the second quarter valued at $607,621,000. First Trust Advisors LP lifted its position in Exxon Mobil by 150.2% during the second quarter. First Trust Advisors LP now owns 7,602,601 shares of the oil and gas company’s stock valued at $819,560,000 after purchasing an additional 4,563,707 shares during the last quarter. Cerity Partners LLC lifted its position in Exxon Mobil by 200.7% during the second quarter. Cerity Partners LLC now owns 2,014,446 shares of the oil and gas company’s stock valued at $217,162,000 after purchasing an additional 4,015,099 shares during the last quarter. Finally, Laurel Wealth Advisors LLC grew its stake in shares of Exxon Mobil by 10,809.8% in the 2nd quarter. Laurel Wealth Advisors LLC now owns 3,095,106 shares of the oil and gas company’s stock worth $333,652,000 after buying an additional 3,066,736 shares in the last quarter. Hedge funds and other institutional investors own 61.80% of the company’s stock.

Insiders Place Their Bets

In other Exxon Mobil news, VP Darrin L. Talley sold 3,000 shares of the business’s stock in a transaction dated Wednesday, December 17th. The shares were sold at an average price of $117.19, for a total value of $351,570.00. Following the completion of the sale, the vice president directly owned 28,584 shares of the company’s stock, valued at $3,349,758.96. The trade was a 9.50% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.03% of the stock is owned by insiders.

Analyst Ratings Changes

A number of research analysts recently commented on XOM shares. BNP Paribas raised shares of Exxon Mobil from a “strong sell” rating to a “hold” rating in a report on Monday, December 8th. Piper Sandler raised their price objective on Exxon Mobil from $141.00 to $144.00 and gave the company an “overweight” rating in a research note on Monday, November 10th. UBS Group reiterated a “buy” rating on shares of Exxon Mobil in a report on Tuesday, December 9th. Jefferies Financial Group increased their price target on Exxon Mobil from $146.00 to $148.00 and gave the company a “buy” rating in a report on Wednesday, December 10th. Finally, Mizuho raised their price target on Exxon Mobil from $129.00 to $132.00 and gave the stock a “neutral” rating in a research report on Friday, December 12th. One analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and thirteen have given a Hold rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $129.45.

View Our Latest Report on XOM

Key Headlines Impacting Exxon Mobil

Here are the key news stories impacting Exxon Mobil this week:

Exxon Mobil Price Performance

Shares of XOM stock opened at $116.56 on Friday. The stock has a 50 day moving average price of $115.93 and a 200 day moving average price of $112.70. Exxon Mobil Corporation has a 52-week low of $97.80 and a 52-week high of $120.81. The company has a debt-to-equity ratio of 0.12, a quick ratio of 0.79 and a current ratio of 1.14. The firm has a market capitalization of $491.57 billion, a P/E ratio of 16.94, a P/E/G ratio of 7.36 and a beta of 0.38.

Exxon Mobil (NYSE:XOMGet Free Report) last announced its quarterly earnings data on Friday, June 17th. The oil and gas company reported $0.65 EPS for the quarter. Exxon Mobil had a return on equity of 11.22% and a net margin of 8.99%.The company had revenue of $57.55 billion for the quarter. As a group, sell-side analysts predict that Exxon Mobil Corporation will post 7.43 earnings per share for the current year.

Exxon Mobil Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, December 10th. Investors of record on Friday, November 14th were paid a $1.03 dividend. The ex-dividend date of this dividend was Friday, November 14th. This represents a $4.12 annualized dividend and a yield of 3.5%. This is a boost from Exxon Mobil’s previous quarterly dividend of $0.99. Exxon Mobil’s payout ratio is 59.88%.

Exxon Mobil Company Profile

(Free Report)

Exxon Mobil Corporation (NYSE: XOM) is an integrated oil and gas company engaged in the exploration, production, refining, distribution and marketing of petroleum products and the manufacture and sale of petrochemicals. Its operations span the full energy value chain, including upstream exploration and development of crude oil and natural gas; midstream transportation and storage; and downstream refining, product distribution and retail. The company also produces a broad range of chemical products for industrial and consumer applications.

ExxonMobil markets fuels and lubricants under well-known brands such as Exxon, Mobil and Esso, and its Mobil 1 motor oil is a prominent consumer product.

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Institutional Ownership by Quarter for Exxon Mobil (NYSE:XOM)

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