Walkner Condon Financial Advisors LLC Purchases 879 Shares of Exxon Mobil Co. (NYSE:XOM) - Defense World

Walkner Condon Financial Advisors LLC grew its position in Exxon Mobil Co. (NYSE:XOM – Free Report) by 5.5% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 16,806 shares of the oil and gas company’s stock after purchasing an additional 879 shares during the period. Walkner Condon Financial Advisors LLC’s holdings in Exxon Mobil were worth $1,680,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently modified their holdings of the company. KB Financial Partners LLC acquired a new position in Exxon Mobil during the 1st quarter worth approximately $27,000. IMA Wealth Inc. lifted its position in shares of Exxon Mobil by 720.0% in the second quarter. IMA Wealth Inc. now owns 369 shares of the oil and gas company’s stock worth $40,000 after purchasing an additional 324 shares in the last quarter. FWL Investment Management LLC acquired a new position in Exxon Mobil during the fourth quarter worth $43,000. DHJJ Financial Advisors Ltd. bought a new position in Exxon Mobil in the third quarter valued at $49,000. Finally, Studio Investment Management LLC acquired a new stake in Exxon Mobil in the 4th quarter valued at $49,000. 61.80% of the stock is owned by institutional investors and hedge funds.

Insider Activity at Exxon Mobil

In other Exxon Mobil news, VP Darrin L. Talley sold 2,400 shares of the stock in a transaction on Thursday, February 22nd. The stock was sold at an average price of $105.00, for a total transaction of $252,000.00. Following the transaction, the vice president now owns 30,189 shares in the company, valued at approximately $3,169,845. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 0.06% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

A number of research firms have recently commented on XOM. Erste Group Bank restated a “hold” rating on shares of Exxon Mobil in a research note on Friday, December 22nd. Royal Bank of Canada reissued a “sector perform” rating and set a $120.00 price target on shares of Exxon Mobil in a research report on Monday, February 5th. TD Cowen boosted their price target on Exxon Mobil from $115.00 to $120.00 and gave the stock a “buy” rating in a research report on Monday, April 1st. UBS Group cut their price objective on Exxon Mobil from $133.00 to $132.00 and set a “buy” rating for the company in a report on Tuesday, January 23rd. Finally, Piper Sandler lowered their target price on shares of Exxon Mobil from $142.00 to $130.00 and set an “overweight” rating on the stock in a report on Thursday, March 14th. Nine analysts have rated the stock with a hold rating and ten have given a buy rating to the company. Based on data from MarketBeat, Exxon Mobil currently has a consensus rating of “Moderate Buy” and an average target price of $129.82.

Check Out Our Latest Report on XOM

Exxon Mobil Price Performance

NYSE:XOM opened at $121.37 on Friday. The firm’s fifty day moving average price is $108.06 and its two-hundred day moving average price is $106.03. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.48 and a quick ratio of 1.09. The company has a market cap of $481.58 billion, a P/E ratio of 13.65, a P/E/G ratio of 4.44 and a beta of 0.96. Exxon Mobil Co. has a one year low of $95.77 and a one year high of $122.15.

Exxon Mobil (NYSE:XOM – Get Free Report) last released its quarterly earnings results on Friday, February 2nd. The oil and gas company reported $2.48 earnings per share for the quarter, beating 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 firm had revenue of $84.34 billion for the quarter, compared to analysts’ expectations of $90.03 billion. During the same period in the prior year, the firm earned $3.40 EPS. The business’s revenue was down 11.6% on a year-over-year basis. Equities analysts expect that Exxon Mobil Co. will post 9.38 earnings per share for the current year.

Exxon Mobil Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, March 11th. Investors of record on Wednesday, February 14th were issued a dividend of $0.95 per share. The ex-dividend date was Tuesday, February 13th. This represents a $3.80 annualized dividend and a yield of 3.13%. Exxon Mobil’s payout ratio is currently 42.74%.

About Exxon Mobil

(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.