Harold Davidson & Associates Inc. Acquires 4,431 Shares of Exxon Mobil Corporation $XOM

Harold Davidson & Associates Inc. grew its holdings in Exxon Mobil Corporation (NYSE:XOMFree Report) by 50.5% during the 3rd quarter, according to the company in its most recent filing with the SEC. The fund owned 13,213 shares of the oil and gas company’s stock after purchasing an additional 4,431 shares during the period. Harold Davidson & Associates Inc.’s holdings in Exxon Mobil were worth $1,490,000 as of its most recent SEC filing.

Several other large investors have also bought and sold shares of the business. Westfuller Advisors LLC acquired a new stake in shares of Exxon Mobil in the 3rd quarter valued at about $30,000. Bare Financial Services Inc lifted its position in Exxon Mobil by 121.8% in the 2nd quarter. Bare Financial Services Inc now owns 366 shares of the oil and gas company’s stock valued at $39,000 after acquiring an additional 201 shares in the last quarter. Clayton Financial Group LLC acquired a new position in Exxon Mobil during the 3rd quarter valued at about $40,000. TruNorth Capital Management LLC lifted its holdings in shares of Exxon Mobil by 1,595.2% in the third quarter. TruNorth Capital Management LLC now owns 356 shares of the oil and gas company’s stock valued at $40,000 after purchasing an additional 335 shares in the last quarter. Finally, Halbert Hargrove Global Advisors LLC lifted its stake in Exxon Mobil by 95.8% during the 3rd quarter. Halbert Hargrove Global Advisors LLC now owns 370 shares of the oil and gas company’s stock valued at $42,000 after acquiring an additional 181 shares in the last quarter. 61.80% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of analysts recently commented on the company. Barclays increased their price target on Exxon Mobil from $140.00 to $145.00 and gave the company an “overweight” rating in a research report on Tuesday, February 3rd. UBS Group reiterated a “buy” rating and issued a $171.00 price objective on shares of Exxon Mobil in a research note on Monday, February 2nd. Piper Sandler decreased their target price on Exxon Mobil from $144.00 to $142.00 and set an “overweight” rating for the company in a research report on Thursday, January 8th. Weiss Ratings restated a “hold (c)” rating on shares of Exxon Mobil in a research note on Monday, December 29th. Finally, Jefferies Financial Group increased their price target on Exxon Mobil from $146.00 to $148.00 and gave the stock a “buy” rating in a research note on Wednesday, December 10th. Nine equities research analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $140.59.

Read Our Latest Report on Exxon Mobil

Exxon Mobil Stock Performance

NYSE XOM opened at $150.64 on Thursday. The company’s 50 day simple moving average is $131.09 and its two-hundred day simple moving average is $119.55. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.15 and a quick ratio of 0.79. Exxon Mobil Corporation has a 1 year low of $97.80 and a 1 year high of $156.93. The stock has a market capitalization of $635.27 billion, a PE ratio of 22.52, a P/E/G ratio of 15.16 and a beta of 0.39.

Exxon Mobil (NYSE:XOMGet Free Report) last released its quarterly earnings results on Friday, January 30th. The oil and gas company reported $1.71 EPS for the quarter, beating analysts’ consensus estimates of $1.63 by $0.08. The firm had revenue of $80.04 billion during the quarter, compared to analyst estimates of $77.98 billion. Exxon Mobil had a net margin of 8.68% and a return on equity of 11.21%. The business’s revenue for the quarter was down 1.3% on a year-over-year basis. During the same period in the previous year, the business earned $1.67 EPS. Analysts predict that Exxon Mobil Corporation will post 7.43 earnings per share for the current fiscal year.

Exxon Mobil Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, March 10th. Shareholders of record on Thursday, February 12th will be paid a $1.03 dividend. The ex-dividend date of this dividend is Thursday, February 12th. This represents a $4.12 annualized dividend and a yield of 2.7%. Exxon Mobil’s payout ratio is currently 61.58%.

Insider Transactions at Exxon Mobil

In related news, VP Darrin L. Talley sold 3,230 shares of Exxon Mobil stock in a transaction on Monday, February 9th. The shares were sold at an average price of $149.18, for a total value of $481,851.40. Following the transaction, the vice president directly owned 20,354 shares of the company’s stock, valued at $3,036,409.72. The trade was a 13.70% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Insiders have sold 14,230 shares of company stock worth $1,888,421 in the last ninety days. Corporate insiders own 0.03% of the company’s stock.

Exxon Mobil News Roundup

Here are the key news stories impacting Exxon Mobil this week:

Exxon Mobil Profile

(Free Report)

Exxon Mobil Corporation (NYSE: XOM) is an integrated oil and gas company engaged in the exploration, production, refining, distribution and marketing of petroleum products and the manufacture and sale of petrochemicals. Its operations span the full energy value chain, including upstream exploration and development of crude oil and natural gas; midstream transportation and storage; and downstream refining, product distribution and retail. The company also produces a broad range of chemical products for industrial and consumer applications.

ExxonMobil markets fuels and lubricants under well-known brands such as Exxon, Mobil and Esso, and its Mobil 1 motor oil is a prominent consumer product.

See Also

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Institutional Ownership by Quarter for Exxon Mobil (NYSE:XOM)

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