Beacon Capital Management LLC Buys 93 Shares of Exxon Mobil Co. (NYSE:XOM)

Beacon Capital Management LLC increased its position in shares of Exxon Mobil Co. (NYSE:XOM) by 1.1% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 8,582 shares of the oil and gas company’s stock after purchasing an additional 93 shares during the period. Beacon Capital Management LLC’s holdings in Exxon Mobil were worth $923,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of the business. Keystone Financial Group Inc. purchased a new stake in shares of Exxon Mobil during the fourth quarter valued at about $36,000. Retirement Wealth Solutions LLC acquired a new stake in shares of Exxon Mobil during the fourth quarter worth $46,000. Compass Financial Services Inc acquired a new stake in Exxon Mobil during the 4th quarter worth about $48,000. Peterson Financial Group Inc. purchased a new stake in Exxon Mobil in the third quarter valued at approximately $51,000. Finally, Highline Wealth Partners LLC purchased a new stake in shares of Exxon Mobil in the 3rd quarter valued at $54,000. 61.80% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of analysts have recently commented on XOM shares. Scotiabank lowered their target price on Exxon Mobil from $145.00 to $140.00 in a research note on Friday, January 31st. Argus upgraded shares of Exxon Mobil to a “strong-buy” rating in a research report on Tuesday, February 4th. Piper Sandler dropped their price target on Exxon Mobil from $138.00 to $127.00 and set an “overweight” rating for the company in a research report on Thursday, December 19th. Truist Financial raised their target price on shares of Exxon Mobil from $117.00 to $119.00 and gave the stock a “hold” rating in a research note on Monday, January 13th. Finally, Wolfe Research raised their price objective on shares of Exxon Mobil from $137.00 to $138.00 in a research report on Thursday, October 31st. One equities research analyst has rated the stock with a sell rating, eight have assigned a hold rating, eleven have given a buy rating and two have assigned a strong buy rating to the company. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $129.25.

Insider Buying and Selling at Exxon Mobil

In related news, VP Darrin L. Talley sold 2,100 shares of the stock in a transaction 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 sale, the vice president now directly owns 18,087 shares of the company’s stock, valued at $1,989,570. This trade represents a 10.40 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 0.03% of the stock is currently owned by company insiders.

Exxon Mobil Trading Up 1.7 %

NYSE XOM opened at $110.05 on Wednesday. The stock has a market capitalization of $483.66 billion, a PE ratio of 14.04, a price-to-earnings-growth ratio of 2.94 and a beta of 0.89. The firm has a 50 day moving average of $108.68 and a two-hundred day moving average of $114.61. Exxon Mobil Co. has a 52 week low of $102.64 and a 52 week high of $126.34. The company has a quick ratio of 0.97, a current ratio of 1.31 and a debt-to-equity ratio of 0.14.

Exxon Mobil (NYSE:XOM) last announced its quarterly earnings results on Friday, January 31st. The oil and gas company reported $1.67 EPS for the quarter, missing the consensus estimate 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 quarter in the previous year, the business earned $2.48 earnings per share. As a group, research analysts expect that Exxon Mobil Co. will post 7.37 EPS for the current fiscal year.

Exxon Mobil Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, March 10th. Stockholders 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 dividend on an annualized basis and a dividend yield of 3.60%. Exxon Mobil’s dividend payout ratio (DPR) is presently 50.51%.

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.