Exxon Mobil Co. (NYSE:XOM) Holdings Lifted by WealthCare Investment Partners LLC

WealthCare Investment Partners LLC raised its position in Exxon Mobil Co. (NYSE:XOM) by 13.3% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 1,955 shares of the oil and gas company’s stock after purchasing an additional 230 shares during the quarter. WealthCare Investment Partners LLC’s holdings in Exxon Mobil were worth $210,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently made changes to their positions in the company. Keystone Financial Group Inc. bought a new stake in Exxon Mobil during the 4th quarter valued at $36,000. Retirement Wealth Solutions LLC acquired a new position in shares of Exxon Mobil during the fourth quarter valued at $46,000. Compass Financial Services Inc bought a new stake in shares of Exxon Mobil during the fourth quarter valued at about $48,000. Peterson Financial Group Inc. acquired a new stake in Exxon Mobil in the third quarter worth about $51,000. Finally, Highline Wealth Partners LLC acquired a new stake in Exxon Mobil in the third quarter worth about $54,000. Institutional investors own 61.80% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms have commented on XOM. Wolfe Research boosted their price target on shares of Exxon Mobil from $137.00 to $138.00 in a research report on Thursday, October 31st. Argus raised Exxon Mobil to a “strong-buy” rating in a report on Tuesday, February 4th. Wells Fargo & Company cut their target price on Exxon Mobil from $136.00 to $135.00 and set an “overweight” rating for the company in a research report on Monday, February 3rd. JPMorgan Chase & Co. lowered their price target on Exxon Mobil from $130.00 to $125.00 and set an “overweight” rating on the stock in a research report on Monday, December 16th. Finally, TD Cowen dropped their price objective on Exxon Mobil from $132.00 to $128.00 and set a “buy” rating on the stock in a research note on Monday, December 16th. One investment 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 data from MarketBeat.com, Exxon Mobil currently has a consensus rating of “Moderate Buy” and a consensus target price of $129.25.

Insider Activity

In other Exxon Mobil news, VP Darrin L. Talley sold 2,100 shares of the firm’s stock in a transaction dated 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 in the company, valued at approximately $1,989,570. This trade represents a 10.40 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. 0.03% of the stock is currently owned by corporate insiders.

Exxon Mobil Price Performance

XOM stock opened at $110.67 on Friday. The firm has a 50-day moving average of $108.60 and a two-hundred day moving average of $114.49. The firm has a market capitalization of $480.20 billion, a PE ratio of 14.12, a P/E/G ratio of 3.02 and a beta of 0.89. The company has a current ratio of 1.31, a quick ratio of 0.97 and a debt-to-equity ratio of 0.14. Exxon Mobil Co. has a one year low of $102.88 and a one year high of $126.34.

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

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.