LifeGoal Wealth Advisors Acquires New Holdings in Exxon Mobil Co. (NYSE:XOM)

LifeGoal Wealth Advisors acquired a new stake in shares of Exxon Mobil Co. (NYSE:XOM) in the 4th quarter, HoldingsChannel reports. The institutional investor acquired 3,314 shares of the oil and gas company’s stock, valued at approximately $356,000.

Other hedge funds also recently bought and sold shares of the company. Keystone Financial Group Inc. purchased a new position in Exxon Mobil during the fourth quarter valued at approximately $36,000. Retirement Wealth Solutions LLC purchased a new position in Exxon Mobil during the fourth quarter valued at approximately $46,000. Compass Planning Associates Inc purchased a new position in Exxon Mobil during the fourth quarter valued at approximately $47,000. Compass Financial Services Inc purchased a new position in Exxon Mobil in the 4th quarter worth approximately $48,000. Finally, Peterson Financial Group Inc. purchased a new position in Exxon Mobil in the 3rd quarter worth approximately $51,000. Hedge funds and other institutional investors own 61.80% of the company’s stock.

Insider Buying and Selling at Exxon Mobil

In other Exxon Mobil news, VP Darrin L. Talley sold 2,100 shares of the stock in a transaction on Tuesday, February 4th. The shares were sold at an average price of $110.00, for a total transaction of $231,000.00. Following the completion of the sale, the vice president now owns 18,087 shares of the company’s stock, valued at $1,989,570. This represents a 10.40 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. 0.03% of the stock is currently owned by corporate insiders.

Exxon Mobil Trading Up 1.1 %

Shares of XOM opened at $111.33 on Friday. The stock has a market capitalization of $483.08 billion, a P/E ratio of 14.20, a PEG ratio of 3.02 and a beta of 0.89. The company has a quick ratio of 0.97, a current ratio of 1.31 and a debt-to-equity ratio of 0.14. The firm has a fifty day simple moving average of $108.95 and a two-hundred day simple moving average of $114.26. Exxon Mobil Co. has a twelve month low of $104.03 and a twelve month high of $126.34.

Exxon Mobil (NYSE:XOM) last announced its quarterly earnings results on Friday, January 31st. The oil and gas company reported $1.67 earnings per share 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 quarter in the previous year, the firm posted $2.48 EPS. On average, research analysts anticipate that Exxon Mobil Co. will post 7.43 EPS for the current year.

Exxon Mobil Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, March 10th. Shareholders of record on Wednesday, February 12th will be given a dividend of $0.99 per share. The ex-dividend date is Wednesday, February 12th. This represents a $3.96 annualized dividend and a yield of 3.56%. Exxon Mobil’s payout ratio is currently 50.51%.

Analyst Ratings Changes

A number of equities analysts have recently commented on XOM shares. Truist Financial increased their price target on shares of Exxon Mobil from $117.00 to $119.00 and gave the stock a “hold” rating in a report on Monday, January 13th. HSBC decreased their price target on shares of Exxon Mobil from $125.00 to $123.00 and set a “hold” rating on the stock in a report on Friday, January 31st. JPMorgan Chase & Co. decreased their price target on shares of Exxon Mobil from $130.00 to $125.00 and set an “overweight” rating on the stock in a report on Monday, December 16th. TD Cowen decreased their price target on shares of Exxon Mobil from $132.00 to $128.00 and set a “buy” rating on the stock in a report on Monday, December 16th. Finally, Argus raised shares of Exxon Mobil to a “strong-buy” rating in a report on Tuesday, February 4th. One equities research analyst has rated the stock with a sell rating, eight have assigned a hold rating, eleven have issued a buy rating and two have assigned a strong buy rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $129.25.

Exxon Mobil Company Profile

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.