Exxon Mobil Co. (NYSE:XOM) Shares Purchased by Well Done LLC

Well Done LLC increased its holdings in shares of Exxon Mobil Co. (NYSE:XOM) by 1.4% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 12,614 shares of the oil and gas company’s stock after purchasing an additional 178 shares during the period. Well Done LLC’s holdings in Exxon Mobil were worth $1,261,000 as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of the business. Assenagon Asset Management S.A. raised its position in Exxon Mobil by 83.0% during the 3rd quarter. Assenagon Asset Management S.A. now owns 1,269,030 shares of the oil and gas company’s stock worth $149,213,000 after buying an additional 575,649 shares during the last quarter. Qsemble Capital Management LP raised its position in Exxon Mobil by 34.3% during the 3rd quarter. Qsemble Capital Management LP now owns 4,700 shares of the oil and gas company’s stock worth $553,000 after buying an additional 1,200 shares during the last quarter. Meyer Handelman Co. raised its position in Exxon Mobil by 5.9% during the 3rd quarter. Meyer Handelman Co. now owns 390,975 shares of the oil and gas company’s stock worth $45,971,000 after buying an additional 21,895 shares during the last quarter. Flputnam Investment Management Co. raised its position in Exxon Mobil by 36.0% during the 3rd quarter. Flputnam Investment Management Co. now owns 87,395 shares of the oil and gas company’s stock worth $10,276,000 after buying an additional 23,148 shares during the last quarter. Finally, HB Wealth Management LLC raised its position in Exxon Mobil by 41.3% during the 3rd quarter. HB Wealth Management LLC now owns 160,807 shares of the oil and gas company’s stock worth $18,908,000 after buying an additional 46,987 shares during the last quarter. Institutional investors and hedge funds own 61.80% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages have commented on XOM. Mizuho upped their price objective on shares of Exxon Mobil from $119.00 to $125.00 and gave the stock a “neutral” rating in a research report on Tuesday, March 19th. UBS Group cut their price target on shares of Exxon Mobil from $133.00 to $132.00 and set a “buy” rating for the company in a report on Tuesday, January 23rd. Erste Group Bank reiterated a “hold” rating on shares of Exxon Mobil in a report on Friday, December 22nd. JPMorgan Chase & Co. cut their price target on shares of Exxon Mobil from $134.00 to $127.00 and set an “overweight” rating for the company in a report on Friday, December 8th. Finally, Royal Bank of Canada reiterated a “sector perform” rating and issued a $120.00 price target on shares of Exxon Mobil in a report on Monday, February 5th. Nine research analysts have rated the stock with a hold rating and ten have given a buy rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $128.18.

Exxon Mobil Trading Up 1.0 %

Shares of NYSE XOM traded up $1.19 during midday trading on Thursday, reaching $116.16. 8,795,014 shares of the stock were exchanged, compared to its average volume of 18,321,352. The company has a market capitalization of $460.90 billion, a P/E ratio of 12.99, a P/E/G ratio of 4.17 and a beta of 0.96. Exxon Mobil Co. has a 52-week low of $95.77 and a 52-week high of $120.70. The company has a current ratio of 1.48, a quick ratio of 1.09 and a debt-to-equity ratio of 0.18. The stock has a 50 day moving average price of $104.98 and a 200-day moving average price of $105.89.

Exxon Mobil (NYSE:XOM) last issued its quarterly earnings results on Friday, February 2nd. The oil and gas company reported $2.48 EPS for the quarter, topping analysts’ consensus estimates of $2.20 by $0.28. The business had revenue of $84.34 billion during the quarter, compared to the consensus estimate of $90.03 billion. Exxon Mobil had a net margin of 10.45% and a return on equity of 18.51%. The company’s quarterly revenue was down 11.6% compared to the same quarter last year. During the same period in the previous year, the firm posted $3.40 earnings per share. Equities research analysts expect that Exxon Mobil Co. will post 9.11 earnings per share for the current fiscal year.

Exxon Mobil Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, March 11th. Investors of record on Wednesday, February 14th were issued a $0.95 dividend. The ex-dividend date of this dividend was Tuesday, February 13th. This represents a $3.80 dividend on an annualized basis and a yield of 3.27%. Exxon Mobil’s payout ratio is 42.74%.

Insider Activity at Exxon Mobil

In related news, VP Darrin L. Talley sold 2,400 shares of the business’s stock in a transaction that occurred on Thursday, February 22nd. The shares were sold at an average price of $105.00, for a total value of $252,000.00. Following the completion of the sale, the vice president now directly owns 30,189 shares in the company, valued at $3,169,845. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. 0.06% of the stock is owned by insiders.

Exxon Mobil 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.