Detalus Advisors LLC Has $483,000 Stock Holdings in Exxon Mobil Co. (NYSE:XOM)

Detalus Advisors LLC lifted its holdings in Exxon Mobil Co. (NYSE:XOM) by 2.4% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 4,491 shares of the oil and gas company’s stock after buying an additional 105 shares during the quarter. Detalus Advisors LLC’s holdings in Exxon Mobil were worth $483,000 at the end of the most recent quarter.

A number of other institutional investors have also made changes to their positions in the business. Harbor Capital Advisors Inc. bought a new stake in shares of Exxon Mobil in the 3rd quarter valued at about $63,000. GFS Advisors LLC increased its stake in shares of Exxon Mobil by 3,987.5% in the 3rd quarter. GFS Advisors LLC now owns 50,685 shares of the oil and gas company’s stock valued at $5,941,000 after acquiring an additional 49,445 shares during the last quarter. Whitener Capital Management Inc. grew its position in shares of Exxon Mobil by 4.7% in the 3rd quarter. Whitener Capital Management Inc. now owns 39,172 shares of the oil and gas company’s stock valued at $4,592,000 after purchasing an additional 1,760 shares during the period. Angeles Wealth Management LLC grew its position in shares of Exxon Mobil by 3.8% in the 3rd quarter. Angeles Wealth Management LLC now owns 23,478 shares of the oil and gas company’s stock valued at $2,752,000 after purchasing an additional 859 shares during the period. Finally, BSW Wealth Partners grew its position in shares of Exxon Mobil by 20.0% in the 3rd quarter. BSW Wealth Partners now owns 12,917 shares of the oil and gas company’s stock valued at $1,514,000 after purchasing an additional 2,150 shares during the period. 61.80% of the stock is owned by institutional investors.

Insider Activity at Exxon Mobil

In other news, VP Darrin L. Talley sold 2,100 shares of Exxon Mobil stock in a transaction dated Tuesday, February 4th. The stock was sold at an average price of $110.00, for a total transaction of $231,000.00. Following the sale, the vice president now directly owns 18,087 shares of the company’s stock, valued at approximately $1,989,570. This trade represents a 10.40 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 0.03% of the stock is currently owned by insiders.

Exxon Mobil Stock Performance

XOM opened at $107.55 on Wednesday. The firm has a market cap of $466.67 billion, a P/E ratio of 13.72, a price-to-earnings-growth ratio of 3.02 and a beta of 0.89. Exxon Mobil Co. has a 52-week low of $104.32 and a 52-week high of $126.34. The company has a debt-to-equity ratio of 0.14, a quick ratio of 0.97 and a current ratio of 1.31. The business’s fifty day moving average is $109.00 and its 200-day moving average is $114.04.

Exxon Mobil (NYSE:XOM) last released its quarterly earnings data 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 period last year, the business earned $2.48 earnings per share. Sell-side analysts expect that Exxon Mobil Co. will post 7.43 EPS for the current fiscal year.

Exxon Mobil Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, March 10th. Investors of record on Wednesday, February 12th will be paid a $0.99 dividend. This represents a $3.96 annualized dividend and a yield of 3.68%. The ex-dividend date of this dividend is Wednesday, February 12th. Exxon Mobil’s dividend payout ratio (DPR) is presently 50.51%.

Wall Street Analyst Weigh In

Several equities analysts recently issued reports on XOM shares. TD Cowen decreased their price objective on Exxon Mobil from $132.00 to $128.00 and set a “buy” rating for the company in a research report on Monday, December 16th. Mizuho decreased their price objective on Exxon Mobil from $137.00 to $134.00 and set a “neutral” rating for the company in a research report on Monday, December 16th. Bernstein Bank boosted their price objective on Exxon Mobil from $138.00 to $144.00 and gave the company an “overweight” rating in a research report on Friday, January 31st. The Goldman Sachs Group reduced their price target 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, Morgan Stanley upped their price target on Exxon Mobil from $139.00 to $140.00 in a research report on Friday, January 31st. One investment analyst has rated the stock with a sell rating, eight have issued a hold rating, eleven have issued a buy rating and two have issued a strong buy rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average 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.