Nicholson Wealth Management Group LLC Has $826,000 Position in Exxon Mobil Co. (NYSE:XOM)

Nicholson Wealth Management Group LLC grew its holdings in Exxon Mobil Co. (NYSE:XOM) by 2.6% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 7,678 shares of the oil and gas company’s stock after purchasing an additional 195 shares during the quarter. Nicholson Wealth Management Group LLC’s holdings in Exxon Mobil were worth $826,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds also recently bought and sold shares of XOM. Pacer Advisors Inc. boosted its stake in Exxon Mobil by 1,524.1% in the fourth quarter. Pacer Advisors Inc. now owns 5,445,922 shares of the oil and gas company’s stock worth $585,818,000 after purchasing an additional 5,110,603 shares in the last quarter. Franklin Resources Inc. lifted its stake in shares of Exxon Mobil by 16.3% during the third quarter. Franklin Resources Inc. now owns 31,522,556 shares of the oil and gas company’s stock valued at $3,936,929,000 after acquiring an additional 4,415,012 shares during the period. Strategic Financial Concepts LLC lifted its stake in shares of Exxon Mobil by 11,131.0% during the fourth quarter. Strategic Financial Concepts LLC now owns 1,792,811 shares of the oil and gas company’s stock valued at $192,853,000 after acquiring an additional 1,776,848 shares during the period. Geode Capital Management LLC lifted its stake in shares of Exxon Mobil by 1.8% during the third quarter. Geode Capital Management LLC now owns 92,194,981 shares of the oil and gas company’s stock valued at $10,777,735,000 after acquiring an additional 1,622,064 shares during the period. Finally, Massachusetts Financial Services Co. MA lifted its stake in shares of Exxon Mobil by 9.0% during the third quarter. Massachusetts Financial Services Co. MA now owns 18,328,008 shares of the oil and gas company’s stock valued at $2,148,409,000 after acquiring an additional 1,512,694 shares during the period. Institutional investors and hedge funds own 61.80% of the company’s stock.

Insider Activity at Exxon Mobil

In related news, VP Darrin L. Talley sold 2,100 shares of the stock in a transaction that occurred on Tuesday, February 4th. The stock was sold at an average price of $110.00, for a total transaction 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. This represents a 10.40 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Insiders own 0.03% of the company’s stock.

Exxon Mobil Stock Down 1.2 %

NYSE:XOM opened at $110.67 on Monday. 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 company has a market cap of $480.20 billion, a PE ratio of 14.12, a PEG ratio of 3.02 and a beta of 0.89. Exxon Mobil Co. has a 52-week low of $102.88 and a 52-week high of $126.34. The stock has a 50-day simple moving average of $108.60 and a 200 day simple moving average of $114.48.

Exxon Mobil (NYSE:XOM) last posted 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 company earned $2.48 EPS. On average, sell-side analysts expect that Exxon Mobil Co. will post 7.43 EPS for the current fiscal 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 given a dividend of $0.99 per share. The ex-dividend date is Wednesday, February 12th. This represents a $3.96 annualized dividend and a yield of 3.58%. Exxon Mobil’s dividend payout ratio (DPR) is presently 50.51%.

Wall Street Analysts Forecast Growth

XOM has been the topic of several research reports. Royal Bank of Canada reaffirmed a “sector perform” rating and set a $115.00 price target on shares of Exxon Mobil in a research note on Monday, February 3rd. Morgan Stanley increased their target price on Exxon Mobil from $139.00 to $140.00 in a research note on Friday, January 31st. HSBC cut their target price on Exxon Mobil from $125.00 to $123.00 and set a “hold” rating on the stock in a research note on Friday, January 31st. UBS Group cut their target price on Exxon Mobil from $149.00 to $147.00 and set a “buy” rating on the stock in a research note on Thursday, December 12th. Finally, Piper Sandler cut their target price on Exxon Mobil from $138.00 to $127.00 and set an “overweight” rating on the stock in a research note on Thursday, December 19th. One equities research analyst has rated the stock with a sell rating, eight have given a hold rating, eleven have issued a buy rating and two have assigned a strong buy rating to the company. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $129.25.

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.