Exxon Mobil Corporation $XOM Shares Purchased by Allied Investment Advisors LLC

Allied Investment Advisors LLC increased its position in Exxon Mobil Corporation (NYSE:XOMFree Report) by 4.1% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 122,986 shares of the oil and gas company’s stock after acquiring an additional 4,891 shares during the period. Exxon Mobil makes up about 2.2% of Allied Investment Advisors LLC’s portfolio, making the stock its 14th biggest holding. Allied Investment Advisors LLC’s holdings in Exxon Mobil were worth $13,867,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Nexus Investment Management ULC boosted its holdings in shares of Exxon Mobil by 1.6% in the 3rd quarter. Nexus Investment Management ULC now owns 5,794 shares of the oil and gas company’s stock valued at $653,000 after acquiring an additional 89 shares during the last quarter. Sagace Wealth Management LLC boosted its holdings in Exxon Mobil by 2.7% in the third quarter. Sagace Wealth Management LLC now owns 3,445 shares of the oil and gas company’s stock valued at $388,000 after purchasing an additional 90 shares during the last quarter. Creative Capital Management Investments LLC boosted its holdings in Exxon Mobil by 2.5% in the third quarter. Creative Capital Management Investments LLC now owns 3,701 shares of the oil and gas company’s stock valued at $417,000 after purchasing an additional 91 shares during the last quarter. Capstone Wealth Management LLC grew its position in Exxon Mobil by 3.8% during the 3rd quarter. Capstone Wealth Management LLC now owns 2,527 shares of the oil and gas company’s stock worth $285,000 after purchasing an additional 92 shares during the period. Finally, Cascade Investment Group Inc. grew its position in Exxon Mobil by 2.1% during the 2nd quarter. Cascade Investment Group Inc. now owns 4,419 shares of the oil and gas company’s stock worth $476,000 after purchasing an additional 93 shares during the period. Institutional investors and hedge funds own 61.80% of the company’s stock.

Exxon Mobil Price Performance

Exxon Mobil stock opened at $141.43 on Monday. The stock has a market capitalization of $596.43 billion, a P/E ratio of 21.14, a P/E/G ratio of 14.93 and a beta of 0.39. The company’s fifty day moving average price is $122.80 and its 200 day moving average price is $116.15. The company has a debt-to-equity ratio of 0.13, a quick ratio of 0.79 and a current ratio of 1.15. Exxon Mobil Corporation has a 1 year low of $97.80 and a 1 year high of $142.34.

Exxon Mobil (NYSE:XOMGet Free Report) last posted its quarterly earnings data on Friday, January 30th. The oil and gas company reported $1.71 earnings per share for the quarter, topping analysts’ consensus estimates of $1.63 by $0.08. Exxon Mobil had a net margin of 8.68% and a return on equity of 11.21%. The company had revenue of $82.31 billion during the quarter, compared to analysts’ expectations of $77.98 billion. During the same period in the prior year, the business posted $1.67 earnings per share. The firm’s revenue for the quarter was down 1.3% on a year-over-year basis. As a group, equities research analysts anticipate that Exxon Mobil Corporation will post 7.43 earnings per share for the current fiscal year.

Exxon Mobil Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, March 10th. Investors of record on Thursday, February 12th will be paid a $1.03 dividend. The ex-dividend date of this dividend is Thursday, February 12th. This represents a $4.12 dividend on an annualized basis and a yield of 2.9%. Exxon Mobil’s dividend payout ratio (DPR) is currently 59.88%.

Exxon Mobil News Summary

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

Analyst Upgrades and Downgrades

Several equities analysts have recently issued reports on XOM shares. Jefferies Financial Group boosted their price objective on Exxon Mobil from $146.00 to $148.00 and gave the company a “buy” rating in a report on Wednesday, December 10th. BNP Paribas Exane raised Exxon Mobil from an “underperform” rating to a “neutral” rating and set a $114.00 price target for the company in a report on Monday, December 8th. Morgan Stanley lowered their price objective on Exxon Mobil from $137.00 to $134.00 and set an “overweight” rating on the stock in a research report on Friday, January 23rd. UBS Group reaffirmed a “buy” rating on shares of Exxon Mobil in a report on Friday, January 9th. Finally, Piper Sandler decreased their target price on shares of Exxon Mobil from $144.00 to $142.00 and set an “overweight” rating for the company in a research note on Thursday, January 8th. One equities research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating, seven have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $133.93.

View Our Latest Stock Report on Exxon Mobil

Insider Transactions at Exxon Mobil

In related news, VP Darrin L. Talley sold 3,000 shares of Exxon Mobil stock in a transaction dated Wednesday, December 17th. The stock was sold at an average price of $117.19, for a total value of $351,570.00. Following the sale, the vice president directly owned 28,584 shares in the company, valued at approximately $3,349,758.96. The trade was a 9.50% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Insiders own 0.03% of the company’s stock.

About Exxon Mobil

(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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