286 Shares in Exxon Mobil Co. (NYSE:XOM) Bought by Fairway Wealth LLC

Fairway Wealth LLC bought a new position in shares of Exxon Mobil Co. (NYSE:XOM) in the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund bought 286 shares of the oil and gas company’s stock, valued at approximately $31,000.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Keystone Financial Group Inc. acquired a new position in Exxon Mobil during the 4th quarter worth $36,000. Retirement Wealth Solutions LLC purchased a new stake in Exxon Mobil during the 4th quarter worth about $46,000. Compass Planning Associates Inc purchased a new stake in Exxon Mobil during the 4th quarter worth about $47,000. Synergy Investment Management LLC purchased a new stake in Exxon Mobil during the 4th quarter worth about $47,000. Finally, Compass Financial Services Inc purchased a new stake in Exxon Mobil during the 4th quarter worth about $48,000. 61.80% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of analysts have issued reports on the company. Mizuho decreased their price target on Exxon Mobil from $137.00 to $134.00 and set a “neutral” rating for the company in a report on Monday, December 16th. Argus raised Exxon Mobil to a “strong-buy” rating in a report on Tuesday, February 4th. UBS Group decreased their price target on Exxon Mobil from $149.00 to $147.00 and set a “buy” rating for the company in a report on Thursday, December 12th. TD Cowen decreased their price target on Exxon Mobil from $132.00 to $128.00 and set a “buy” rating for the company in a report on Monday, December 16th. Finally, Morgan Stanley boosted their target price on Exxon Mobil from $139.00 to $140.00 in a report on Friday, January 31st. One analyst has rated the stock with a sell rating, eight have issued a hold rating, eleven have issued a buy rating and two have assigned a strong buy rating to the company’s stock. According to data from MarketBeat.com, Exxon Mobil has an average rating of “Moderate Buy” and an average target price of $129.25.

Exxon Mobil Stock Performance

NYSE XOM opened at $111.85 on Tuesday. 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 business’s 50 day moving average is $109.17 and its two-hundred day moving average is $113.85. Exxon Mobil Co. has a 12-month low of $103.67 and a 12-month high of $126.34. The stock has a market capitalization of $485.33 billion, a price-to-earnings ratio of 14.27, a PEG ratio of 3.02 and a beta of 0.83.

Exxon Mobil (NYSE:XOM) last released its earnings results on Friday, January 31st. The oil and gas company reported $1.67 earnings per share (EPS) 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 period last year, the firm posted $2.48 EPS. Research analysts expect 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 was paid on Monday, March 10th. Investors of record on Wednesday, February 12th were issued a $0.99 dividend. This represents a $3.96 dividend on an annualized basis and a dividend yield of 3.54%. The ex-dividend date of this dividend was Wednesday, February 12th. Exxon Mobil’s dividend payout ratio is currently 50.51%.

Insider Buying and Selling

In related news, VP Darrin L. Talley sold 2,100 shares of the company’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 sale, the vice president now owns 18,087 shares in the company, valued at $1,989,570. This represents a 10.40 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Insiders own 0.03% of the company’s stock.

Exxon Mobil 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.