Exxon Mobil Co. (NYSE:XOM) Shares Acquired by True Link Financial Advisors LLC - Defense World

True Link Financial Advisors LLC increased its stake in shares of Exxon Mobil Co. (NYSE:XOM – Free Report) by 6.4% in the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 11,429 shares of the oil and gas company’s stock after purchasing an additional 684 shares during the period. Exxon Mobil makes up approximately 0.1% of True Link Financial Advisors LLC’s investment portfolio, making the stock its 23rd largest position. True Link Financial Advisors LLC’s holdings in Exxon Mobil were worth $1,143,000 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. KB Financial Partners LLC acquired a new position in shares of Exxon Mobil in the first quarter valued at approximately $27,000. IMA Wealth Inc. grew its position in shares of Exxon Mobil by 720.0% during the second quarter. IMA Wealth Inc. now owns 369 shares of the oil and gas company’s stock worth $40,000 after buying an additional 324 shares in the last quarter. FWL Investment Management LLC acquired a new stake in Exxon Mobil in the fourth quarter valued at approximately $43,000. DHJJ Financial Advisors Ltd. acquired a new position in Exxon Mobil during the 3rd quarter worth approximately $49,000. Finally, Studio Investment Management LLC acquired a new stake in shares of Exxon Mobil in the 4th quarter valued at $49,000. Hedge funds and other institutional investors own 61.80% of the company’s stock.

Analysts Set New Price Targets

A number of analysts have weighed in on XOM shares. JPMorgan Chase & Co. cut their price target on Exxon Mobil from $134.00 to $127.00 and set an “overweight” rating on the stock in a research note on Friday, December 8th. Mizuho increased their price target on shares of Exxon Mobil from $119.00 to $125.00 and gave the company a “neutral” rating in a research note on Tuesday, March 19th. Piper Sandler lowered their target price on shares of Exxon Mobil from $142.00 to $130.00 and set an “overweight” rating for the company in a report on Thursday, March 14th. TD Cowen boosted their price target on shares of Exxon Mobil from $115.00 to $120.00 and gave the company a “buy” rating in a research report on Monday. Finally, Erste Group Bank reiterated a “hold” rating on shares of Exxon Mobil in a research report on Friday, December 22nd. Nine research analysts have rated the stock with a hold rating and ten have given a buy rating to the company. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $128.47.

Check Out Our Latest Analysis on Exxon Mobil

Insider Buying and Selling

In other news, VP Darrin L. Talley sold 2,400 shares of Exxon Mobil stock in a transaction that occurred on Thursday, February 22nd. The shares were sold at an average price of $105.00, for a total transaction of $252,000.00. Following the completion of the sale, the vice president now directly owns 30,189 shares in the company, valued at approximately $3,169,845. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. 0.04% of the stock is owned by insiders.

Exxon Mobil Stock Up 0.6 %

Shares of Exxon Mobil stock opened at $116.95 on Tuesday. The company has a market cap of $464.04 billion, a P/E ratio of 13.16, a PEG ratio of 4.26 and a beta of 0.96. The firm has a fifty day moving average of $106.11 and a two-hundred day moving average of $105.89. The company has a debt-to-equity ratio of 0.18, a quick ratio of 1.09 and a current ratio of 1.48. Exxon Mobil Co. has a one year low of $95.77 and a one year high of $120.70.

Exxon Mobil (NYSE:XOM – Get Free Report) last announced its quarterly earnings data on Friday, February 2nd. The oil and gas company reported $2.48 earnings per share for the quarter, beating analysts’ consensus estimates of $2.20 by $0.28. Exxon Mobil had a return on equity of 18.51% and a net margin of 10.45%. The company had revenue of $84.34 billion for the quarter, compared to analyst estimates of $90.03 billion. During the same quarter in the previous year, the company earned $3.40 EPS. The firm’s revenue for the quarter was down 11.6% compared to the same quarter last year. On average, analysts forecast that Exxon Mobil Co. will post 9.11 earnings per share for the current year.

Exxon Mobil Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, March 11th. Stockholders of record on Wednesday, February 14th were issued a $0.95 dividend. The ex-dividend date was Tuesday, February 13th. This represents a $3.80 dividend on an annualized basis and a dividend yield of 3.25%. Exxon Mobil’s dividend payout ratio is presently 42.74%.

Exxon Mobil Company Profile

(Free Report)

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.