Private Wealth Partners LLC Buys 491 Shares of Exxon Mobil Co. (NYSE:XOM)

Private Wealth Partners LLC boosted its stake in Exxon Mobil Co. (NYSE:XOM) by 2.9% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 17,425 shares of the oil and gas company’s stock after purchasing an additional 491 shares during the quarter. Private Wealth Partners LLC’s holdings in Exxon Mobil were worth $1,874,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also added to or reduced their stakes in the stock. Boyd Watterson Asset Management LLC OH boosted its position in shares of Exxon Mobil by 10.5% during the 3rd quarter. Boyd Watterson Asset Management LLC OH now owns 49,786 shares of the oil and gas company’s stock valued at $5,836,000 after acquiring an additional 4,750 shares during the last quarter. Asset Planning Services Inc. LA ADV boosted its position in shares of Exxon Mobil by 2.9% during the 3rd quarter. Asset Planning Services Inc. LA ADV now owns 50,130 shares of the oil and gas company’s stock valued at $5,876,000 after acquiring an additional 1,400 shares during the last quarter. PSI Advisors LLC boosted its position in shares of Exxon Mobil by 3.7% during the 3rd quarter. PSI Advisors LLC now owns 7,006 shares of the oil and gas company’s stock valued at $821,000 after acquiring an additional 251 shares during the last quarter. Fairman Group LLC boosted its position in shares of Exxon Mobil by 107.8% during the 3rd quarter. Fairman Group LLC now owns 2,649 shares of the oil and gas company’s stock valued at $310,000 after acquiring an additional 1,374 shares during the last quarter. Finally, Grimes & Company Inc. boosted its position in shares of Exxon Mobil by 0.7% during the 3rd quarter. Grimes & Company Inc. now owns 70,555 shares of the oil and gas company’s stock valued at $8,271,000 after acquiring an additional 506 shares during the last quarter. Institutional investors own 61.80% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts recently weighed in on XOM shares. BMO Capital Markets dropped their target price on Exxon Mobil from $130.00 to $123.00 and set a “market perform” rating for the company in a research report on Friday, January 31st. Wells Fargo & Company dropped their target price on Exxon Mobil from $136.00 to $135.00 and set an “overweight” rating for the company in a research report on Monday, February 3rd. Wolfe Research boosted their target price on Exxon Mobil from $137.00 to $138.00 in a research report on Thursday, October 31st. The Goldman Sachs Group dropped their target price on Exxon Mobil from $125.00 to $123.00 and set a “neutral” rating for the company in a research report on Friday, January 31st. Finally, Piper Sandler dropped their target price on Exxon Mobil from $138.00 to $127.00 and set an “overweight” rating for the company in a research report on Thursday, December 19th. One research analyst has rated the stock with a sell rating, eight have assigned a hold rating, eleven have given a buy rating and two have assigned a strong buy rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $129.25.

Insider Activity

In other news, VP Darrin L. Talley sold 2,100 shares of the business’s stock in a transaction that occurred on Tuesday, February 4th. The stock was sold at an average price of $110.00, for a total transaction of $231,000.00. Following the transaction, the vice president now directly owns 18,087 shares of the company’s stock, valued at approximately $1,989,570. The trade was a 10.40 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 0.03% of the company’s stock.

Exxon Mobil Price Performance

XOM opened at $110.67 on Friday. The company has a debt-to-equity ratio of 0.14, a quick ratio of 0.97 and a current ratio of 1.31. Exxon Mobil Co. has a 52-week low of $102.88 and a 52-week high of $126.34. The stock has a market capitalization of $480.20 billion, a PE ratio of 14.12, a price-to-earnings-growth ratio of 3.02 and a beta of 0.89. The stock’s 50 day moving average price is $108.60 and its 200-day moving average price is $114.49.

Exxon Mobil (NYSE:XOM) last posted its earnings results on Friday, January 31st. The oil and gas company reported $1.67 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.77 by ($0.10). Exxon Mobil had a net margin of 9.63% and a return on equity of 12.92%. During the same period in the previous year, the firm earned $2.48 EPS. On average, equities research analysts predict that Exxon Mobil Co. will post 7.43 EPS for the current year.

Exxon Mobil Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, March 10th. Stockholders of record on Wednesday, February 12th will be paid a dividend of $0.99 per share. The ex-dividend date is Wednesday, February 12th. This represents a $3.96 annualized dividend and a dividend yield of 3.58%. Exxon Mobil’s dividend payout ratio (DPR) is presently 50.51%.

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.