TFG Advisers LLC Acquires 310 Shares of Exxon Mobil Co. (NYSE:XOM)

TFG Advisers LLC boosted its holdings in shares of Exxon Mobil Co. (NYSE:XOM) by 1.7% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 18,267 shares of the oil and gas company’s stock after acquiring an additional 310 shares during the period. TFG Advisers LLC’s holdings in Exxon Mobil were worth $1,965,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Paladin Wealth LLC acquired a new stake in shares of Exxon Mobil in the 3rd quarter valued at about $151,000. Fiduciary Alliance LLC raised its stake in shares of Exxon Mobil by 217.5% in the 3rd quarter. Fiduciary Alliance LLC now owns 66,757 shares of the oil and gas company’s stock valued at $7,825,000 after purchasing an additional 45,734 shares during the period. Wedge Capital Management L L P NC raised its stake in shares of Exxon Mobil by 1.8% in the 3rd quarter. Wedge Capital Management L L P NC now owns 7,077 shares of the oil and gas company’s stock valued at $830,000 after purchasing an additional 126 shares during the period. Sivia Capital Partners LLC raised its stake in shares of Exxon Mobil by 4.8% in the 3rd quarter. Sivia Capital Partners LLC now owns 10,920 shares of the oil and gas company’s stock valued at $1,280,000 after purchasing an additional 501 shares during the period. Finally, CX Institutional raised its stake in shares of Exxon Mobil by 8.3% in the 3rd quarter. CX Institutional now owns 82,946 shares of the oil and gas company’s stock valued at $9,723,000 after purchasing an additional 6,332 shares during the period. 61.80% of the stock is currently owned by institutional investors.

Exxon Mobil Trading Up 0.7 %

Shares of NYSE:XOM opened at $111.71 on Wednesday. Exxon Mobil Co. has a 12-month low of $100.42 and a 12-month high of $126.34. The stock has a market cap of $490.98 billion, a PE ratio of 14.25, a P/E/G ratio of 2.94 and a beta of 0.89. The business has a 50 day moving average of $109.28 and a 200-day moving average of $114.92. The company has a quick ratio of 0.97, a current ratio of 1.31 and a debt-to-equity ratio of 0.14.

Exxon Mobil (NYSE:XOM) last issued its quarterly earnings data on Friday, January 31st. The oil and gas company reported $1.67 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.77 by ($0.10). Exxon Mobil had a return on equity of 12.92% and a net margin of 9.63%. During the same period in the prior year, the firm posted $2.48 EPS. As a group, equities research analysts forecast that Exxon Mobil Co. will post 7.37 earnings per share for the current year.

Exxon Mobil Dividend Announcement

The business also recently declared 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 dividend yield of 3.54%. The ex-dividend date is Wednesday, February 12th. Exxon Mobil’s dividend payout ratio (DPR) is currently 50.51%.

Wall Street Analyst Weigh In

Several analysts have issued reports on XOM shares. Argus raised Exxon Mobil to a “strong-buy” rating in a research note on Tuesday, February 4th. Scotiabank dropped their price target on Exxon Mobil from $145.00 to $140.00 in a research note on Friday, January 31st. Morgan Stanley lifted their target price on Exxon Mobil from $139.00 to $140.00 in a research report on Friday, January 31st. JPMorgan Chase & Co. lowered their target price on Exxon Mobil from $130.00 to $125.00 and set an “overweight” rating on the stock in a research report on Monday, December 16th. Finally, Piper Sandler lowered their target price on Exxon Mobil from $138.00 to $127.00 and set an “overweight” rating on the stock in a research report on Thursday, December 19th. One 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. Based on data from MarketBeat, Exxon Mobil has an average rating of “Moderate Buy” and an average target price of $129.25.

Insider Activity at Exxon Mobil

In related news, VP Darrin L. Talley sold 2,100 shares of the business’s stock in a transaction that occurred on Tuesday, February 4th. The stock was sold at an average price of $110.00, for a total value of $231,000.00. Following the completion of the sale, the vice president now directly owns 18,087 shares in the company, valued at approximately $1,989,570. The trade was a 10.40 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this link. 0.03% of the stock is currently owned by corporate insiders.

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.