Signature Resources Capital Management LLC Makes New $458,000 Investment in Exxon Mobil Co. (NYSE:XOM)

Signature Resources Capital Management LLC bought a new position in shares of Exxon Mobil Co. (NYSE:XOM) during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm bought 4,576 shares of the oil and gas company’s stock, valued at approximately $458,000. Exxon Mobil comprises 0.4% of Signature Resources Capital Management LLC’s holdings, making the stock its 22nd largest holding.

Other large investors also recently bought and sold shares of the company. Keener Financial Planning LLC bought a new stake in shares of Exxon Mobil in the 4th quarter worth approximately $80,000. Orion Capital Management LLC acquired a new stake in Exxon Mobil in the 3rd quarter valued at approximately $91,000. Authentikos Wealth Advisory LLC acquired a new stake in Exxon Mobil in the 3rd quarter valued at approximately $92,000. TFO Wealth Partners LLC increased its position in Exxon Mobil by 118.5% in the 3rd quarter. TFO Wealth Partners LLC now owns 968 shares of the oil and gas company’s stock valued at $104,000 after acquiring an additional 525 shares during the period. Finally, Sumitomo Mitsui Financial Group Inc. increased its position in Exxon Mobil by 851.6% in the 3rd quarter. Sumitomo Mitsui Financial Group Inc. now owns 885 shares of the oil and gas company’s stock valued at $106,000 after acquiring an additional 792 shares during the period. Institutional investors own 61.80% of the company’s stock.

Exxon Mobil Stock Performance

Shares of Exxon Mobil stock traded down $0.24 during trading on Friday, reaching $116.00. The company’s stock had a trading volume of 28,023,313 shares, compared to its average volume of 18,518,412. The company has a debt-to-equity ratio of 0.15, a quick ratio of 1.06 and a current ratio of 1.38. The business’s fifty day moving average price is $114.65 and its 200-day moving average price is $106.96. The firm has a market cap of $457.39 billion, a price-to-earnings ratio of 14.22, a price-to-earnings-growth ratio of 4.03 and a beta of 0.96. Exxon Mobil Co. has a one year low of $95.77 and a one year high of $123.75.

Exxon Mobil (NYSE:XOM) last issued its quarterly earnings results on Friday, April 26th. The oil and gas company reported $2.06 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.19 by ($0.13). Exxon Mobil had a net margin of 9.62% and a return on equity of 16.75%. The firm had revenue of $83.08 billion for the quarter, compared to the consensus estimate of $79.69 billion. During the same quarter in the prior year, the firm earned $2.83 earnings per share. The company’s revenue was down 4.0% on a year-over-year basis. As a group, equities research analysts predict that Exxon Mobil Co. will post 9.61 earnings per share for the current year.

Exxon Mobil Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, June 10th. Shareholders of record on Wednesday, May 15th will be issued a dividend of $0.95 per share. This represents a $3.80 dividend on an annualized basis and a yield of 3.28%. The ex-dividend date is Tuesday, May 14th. Exxon Mobil’s payout ratio is 46.57%.

Insider Buying and Selling at Exxon Mobil

In other news, VP Darrin L. Talley sold 2,426 shares of the business’s stock in a transaction that occurred on Monday, April 29th. The stock was sold at an average price of $119.01, for a total value of $288,718.26. Following the transaction, the vice president now directly owns 25,363 shares of the company’s stock, valued at approximately $3,018,450.63. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. In other news, VP Darrin L. Talley sold 2,400 shares of the business’s stock in a transaction that occurred on Thursday, February 22nd. The stock was sold at an average price of $105.00, for a total value of $252,000.00. Following the transaction, the vice president now directly owns 30,189 shares of the company’s stock, valued at approximately $3,169,845. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, VP Darrin L. Talley sold 2,426 shares of the business’s stock in a transaction that occurred on Monday, April 29th. The stock was sold at an average price of $119.01, for a total transaction of $288,718.26. Following the completion of the transaction, the vice president now owns 25,363 shares of the company’s stock, valued at approximately $3,018,450.63. The disclosure for this sale can be found here. Company insiders own 0.03% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts have recently issued reports on the company. HSBC lifted their price target on Exxon Mobil from $111.00 to $120.00 and gave the company a “hold” rating in a research report on Tuesday, April 30th. Barclays assumed coverage on Exxon Mobil in a research report on Wednesday, April 10th. They set an “overweight” rating and a $147.00 price target on the stock. UBS Group lifted their price target on Exxon Mobil from $133.00 to $150.00 and gave the company a “buy” rating in a research report on Thursday, April 11th. TD Cowen lifted their price target on Exxon Mobil from $128.00 to $135.00 and gave the company a “buy” rating in a research report on Tuesday, April 30th. Finally, Royal Bank of Canada reissued a “sector perform” rating and set a $120.00 price objective on shares of Exxon Mobil in a research note on Monday, February 5th. Eight analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $134.06.

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.