Exxon Mobil Co. (NYSE:XOM) Shares Acquired by Apriem Advisors

Apriem Advisors increased its stake in Exxon Mobil Co. (NYSE:XOM) by 1.2% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 137,101 shares of the oil and gas company’s stock after acquiring an additional 1,668 shares during the quarter. Exxon Mobil makes up 1.7% of Apriem Advisors’ holdings, making the stock its 15th largest holding. Apriem Advisors’ holdings in Exxon Mobil were worth $14,748,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also modified their holdings of the stock. Keystone Financial Group Inc. acquired a new stake in shares of Exxon Mobil in the fourth quarter worth $36,000. Retirement Wealth Solutions LLC acquired a new stake in shares of Exxon Mobil in the fourth quarter worth $46,000. Compass Planning Associates Inc acquired a new stake in shares of Exxon Mobil in the fourth quarter worth $47,000. Compass Financial Services Inc acquired a new stake in shares of Exxon Mobil in the fourth quarter worth $48,000. Finally, Peterson Financial Group Inc. acquired a new stake in shares of Exxon Mobil in the third quarter worth $51,000. 61.80% of the stock is currently owned by institutional investors and hedge funds.

Exxon Mobil Price Performance

Shares of NYSE:XOM opened at $111.33 on Friday. Exxon Mobil Co. has a fifty-two week low of $104.03 and a fifty-two week high of $126.34. The business has a 50-day moving average of $108.95 and a two-hundred day moving average of $114.26. The stock has a market capitalization of $483.08 billion, a P/E ratio of 14.20, a P/E/G ratio of 3.02 and a beta of 0.89. The company has a debt-to-equity ratio of 0.14, a current ratio of 1.31 and a quick ratio of 0.97.

Exxon Mobil (NYSE:XOM) last posted 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 return on equity of 12.92% and a net margin of 9.63%. During the same period in the prior year, the business earned $2.48 earnings per share. On average, equities research analysts predict that Exxon Mobil Co. will post 7.43 EPS for the current fiscal year.

Exxon Mobil Announces Dividend

The firm also recently disclosed 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. The ex-dividend date of this dividend is Wednesday, February 12th. This represents a $3.96 dividend on an annualized basis and a dividend yield of 3.56%. Exxon Mobil’s payout ratio is presently 50.51%.

Analysts Set New Price Targets

XOM has been the subject of several recent analyst reports. HSBC decreased their target price on Exxon Mobil from $125.00 to $123.00 and set a “hold” rating for the company in a research report on Friday, January 31st. TD Cowen reduced their price objective on Exxon Mobil from $132.00 to $128.00 and set a “buy” rating for the company in a research report on Monday, December 16th. The Goldman Sachs Group reduced their price objective on Exxon Mobil from $125.00 to $123.00 and set a “neutral” rating for the company in a research report on Friday, January 31st. Scotiabank reduced their price objective on Exxon Mobil from $145.00 to $140.00 in a research report on Friday, January 31st. Finally, Morgan Stanley lifted their price objective on Exxon Mobil from $139.00 to $140.00 in a research report on Friday, January 31st. One investment analyst has rated the stock with a sell rating, eight have issued a hold rating, eleven have assigned a buy rating and two have given a strong buy rating to the company’s stock. According to data from MarketBeat, Exxon Mobil presently has a consensus rating of “Moderate Buy” and an average price target of $129.25.

Insider Transactions at Exxon Mobil

In other news, VP Darrin L. Talley sold 2,100 shares of Exxon Mobil 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 transaction, 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 transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 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.