Elwood & Goetz Wealth Advisory Group LLC Purchases 271 Shares of Exxon Mobil Co. (NYSE:XOM)

Elwood & Goetz Wealth Advisory Group LLC lifted its stake in Exxon Mobil Co. (NYSE:XOM) by 14.7% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 2,113 shares of the oil and gas company’s stock after acquiring an additional 271 shares during the quarter. Elwood & Goetz Wealth Advisory Group LLC’s holdings in Exxon Mobil were worth $227,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also recently made changes to their positions in the company. Keystone Financial Group Inc. purchased a new position in Exxon Mobil during the fourth quarter valued at approximately $36,000. Retirement Wealth Solutions LLC purchased a new position in shares of Exxon Mobil in the fourth quarter worth $46,000. Compass Planning Associates Inc bought a new stake in Exxon Mobil in the fourth quarter worth $47,000. Compass Financial Services Inc bought a new stake in Exxon Mobil in the fourth quarter worth $48,000. Finally, Peterson Financial Group Inc. bought a new stake in Exxon Mobil in the third quarter worth $51,000. 61.80% of the stock is currently owned by institutional investors.

Exxon Mobil Stock Performance

NYSE:XOM opened at $109.75 on Wednesday. The company’s 50-day moving average price is $108.69 and its 200-day moving average price is $114.37. The company has a current ratio of 1.31, a quick ratio of 0.97 and a debt-to-equity ratio of 0.14. The company has a market cap of $476.20 billion, a P/E ratio of 14.00, a P/E/G ratio of 3.02 and a beta of 0.89. Exxon Mobil Co. has a twelve month low of $103.05 and a twelve month high of $126.34.

Exxon Mobil (NYSE:XOM) last posted its quarterly earnings results on Friday, January 31st. The oil and gas company reported $1.67 earnings per share for the quarter, missing the consensus estimate 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 quarter in the previous year, the company earned $2.48 earnings per share. On average, sell-side analysts forecast that Exxon Mobil Co. 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 Monday, March 10th. Stockholders 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 3.61%. The ex-dividend date of this dividend is Wednesday, February 12th. Exxon Mobil’s dividend payout ratio is currently 50.51%.

Insider Transactions at Exxon Mobil

In other news, VP Darrin L. Talley sold 2,100 shares of the firm’s stock in a transaction dated Tuesday, February 4th. The shares were sold at an average price of $110.00, for a total value of $231,000.00. Following the transaction, the vice president now directly owns 18,087 shares of the company’s stock, valued at approximately $1,989,570. This trade represents a 10.40 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. Insiders own 0.03% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts have weighed in on the stock. Piper Sandler cut their price objective on shares of Exxon Mobil from $138.00 to $127.00 and set an “overweight” rating on the stock in a research report on Thursday, December 19th. HSBC cut their price target on shares of Exxon Mobil from $125.00 to $123.00 and set a “hold” rating on the stock in a report on Friday, January 31st. Wolfe Research upped their price objective on shares of Exxon Mobil from $137.00 to $138.00 in a research note on Thursday, October 31st. Morgan Stanley upped their price objective on shares of Exxon Mobil from $139.00 to $140.00 in a research note on Friday, January 31st. Finally, Argus raised shares of Exxon Mobil to a “strong-buy” rating in a research report on Tuesday, February 4th. One analyst has rated the stock with a sell rating, eight have assigned a hold rating, eleven have given a buy rating and two have issued a strong buy rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $129.25.

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.