Freedom Day Solutions LLC Has $2.95 Million Holdings in Exxon Mobil Co. (NYSE:XOM)

Freedom Day Solutions LLC lifted its position in Exxon Mobil Co. (NYSE:XOM) by 34.7% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 27,398 shares of the oil and gas company’s stock after purchasing an additional 7,064 shares during the quarter. Exxon Mobil accounts for 0.9% of Freedom Day Solutions LLC’s portfolio, making the stock its 29th largest position. Freedom Day Solutions LLC’s holdings in Exxon Mobil were worth $2,947,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of XOM. Boyd Watterson Asset Management LLC OH increased its stake in Exxon Mobil by 10.5% in the third quarter. Boyd Watterson Asset Management LLC OH now owns 49,786 shares of the oil and gas company’s stock valued at $5,836,000 after acquiring an additional 4,750 shares during the period. Asset Planning Services Inc. LA ADV boosted its holdings in Exxon Mobil by 2.9% during the third quarter. Asset Planning Services Inc. LA ADV now owns 50,130 shares of the oil and gas company’s stock valued at $5,876,000 after purchasing an additional 1,400 shares in the last quarter. PSI Advisors LLC grew its stake in shares of Exxon Mobil by 3.7% in the 3rd quarter. PSI Advisors LLC now owns 7,006 shares of the oil and gas company’s stock valued at $821,000 after purchasing an additional 251 shares during the period. Fairman Group LLC grew its stake in shares of Exxon Mobil by 107.8% in the 3rd quarter. Fairman Group LLC now owns 2,649 shares of the oil and gas company’s stock valued at $310,000 after purchasing an additional 1,374 shares during the period. Finally, Grimes & Company Inc. raised its holdings in shares of Exxon Mobil by 0.7% in the 3rd quarter. Grimes & Company Inc. now owns 70,555 shares of the oil and gas company’s stock worth $8,271,000 after buying an additional 506 shares in the last quarter. 61.80% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

A number of analysts have weighed in on the company. Argus upgraded Exxon Mobil to a “strong-buy” rating in a research report on Tuesday, February 4th. Truist Financial lifted their price target on shares of Exxon Mobil from $117.00 to $119.00 and gave the company a “hold” rating in a report on Monday, January 13th. Bernstein Bank increased their price target on Exxon Mobil from $138.00 to $144.00 and gave the stock an “overweight” rating in a research report on Friday, January 31st. Scotiabank decreased their target price on Exxon Mobil from $145.00 to $140.00 in a report on Friday, January 31st. Finally, Royal Bank of Canada reaffirmed a “sector perform” rating and issued a $115.00 price target on shares of Exxon Mobil in a report on Monday, February 3rd. One analyst has rated the stock with a sell rating, eight have given a hold rating, eleven have given a buy rating and two have given a strong buy rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $129.25.

Insider Buying and Selling

In other Exxon Mobil news, VP Darrin L. Talley sold 2,100 shares of the business’s stock in a transaction dated 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 transaction, the vice president now directly owns 18,087 shares of the company’s stock, valued at approximately $1,989,570. The trade was a 10.40 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. 0.03% of the stock is owned by insiders.

Exxon Mobil Stock Performance

Shares of Exxon Mobil stock opened at $110.67 on Friday. Exxon Mobil Co. has a 52 week low of $102.88 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 stock has a market capitalization of $480.20 billion, a price-to-earnings ratio of 14.12, a PEG ratio of 3.02 and a beta of 0.89. The firm has a fifty day moving average of $108.60 and a two-hundred day moving average of $114.49.

Exxon Mobil (NYSE:XOM) last released its quarterly earnings data on Friday, January 31st. The oil and gas company reported $1.67 EPS for the quarter, missing analysts’ consensus estimates 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 in the prior year, the company posted $2.48 earnings per share. As a group, equities research analysts predict that Exxon Mobil Co. will post 7.43 EPS for the current year.

Exxon Mobil Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, March 10th. Investors of record on Wednesday, February 12th will be given a $0.99 dividend. The ex-dividend date is Wednesday, February 12th. This represents a $3.96 dividend on an annualized basis and a dividend yield of 3.58%. Exxon Mobil’s dividend payout ratio is 50.51%.

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.