FAS Wealth Partners Inc. Buys 7,499 Shares of Exxon Mobil Co. (NYSE:XOM)

FAS Wealth Partners Inc. increased its holdings in Exxon Mobil Co. (NYSE:XOM - Free Report) by 15.4% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 56,272 shares of the oil and gas company's stock after acquiring an additional 7,499 shares during the period. FAS Wealth Partners Inc.'s holdings in Exxon Mobil were worth $6,053,000 at the end of the most recent quarter.

Other large investors have also added to or reduced their stakes in the company. Fairway Wealth LLC bought a new stake in Exxon Mobil during the fourth quarter worth $31,000. Keystone Financial Group Inc. bought a new stake in shares of Exxon Mobil in the 4th quarter worth $36,000. Retirement Wealth Solutions LLC purchased a new stake in shares of Exxon Mobil in the fourth quarter valued at about $46,000. Compass Planning Associates Inc bought a new position in shares of Exxon Mobil during the fourth quarter valued at about $47,000. Finally, Synergy Investment Management LLC purchased a new position in Exxon Mobil during the fourth quarter worth about $47,000. Institutional investors own 61.80% of the company's stock.

Insider Buying and Selling

In other Exxon Mobil news, VP Darrin L. Talley sold 2,100 shares of the company's 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 $1,989,570. This represents a 10.40 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 0.03% of the stock is currently owned by company insiders.

Exxon Mobil Price Performance

NYSE XOM traded up $0.42 during trading hours on Friday, hitting $106.20. The company had a trading volume of 16,574,731 shares, compared to its average volume of 15,769,565. 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 firm has a market capitalization of $459.35 billion, a price-to-earnings ratio of 13.55, a PEG ratio of 3.02 and a beta of 0.61. Exxon Mobil Co. has a 52 week low of $97.80 and a 52 week high of $126.34. The firm has a 50 day simple moving average of $109.36 and a 200 day simple moving average of $111.73.

Exxon Mobil (NYSE:XOM - Get Free Report) last released its quarterly earnings data on Friday, May 2nd. The oil and gas company reported $1.76 EPS for the quarter, beating analysts' consensus estimates of $1.73 by $0.03. Exxon Mobil had a net margin of 9.63% and a return on equity of 12.92%. The company had revenue of $83.13 billion during the quarter, compared to analyst estimates of $86.11 billion. During the same period last year, the business earned $2.06 earnings per share. Exxon Mobil's revenue was up .1% compared to the same quarter last year. Equities research analysts expect that Exxon Mobil Co. will post 7.43 earnings per share for the current year.

Exxon Mobil Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, June 10th. Stockholders of record on Thursday, May 15th will be issued a $0.99 dividend. This represents a $3.96 annualized dividend and a dividend yield of 3.73%. Exxon Mobil's payout ratio is currently 50.51%.

Wall Street Analysts Forecast Growth

Several equities analysts have commented on the stock. Truist Financial lifted their target price on shares of Exxon Mobil from $117.00 to $119.00 and gave the stock a "hold" rating in a research report on Monday, January 13th. Royal Bank of Canada reissued a "sector perform" rating and issued a $115.00 price objective on shares of Exxon Mobil in a research report on Monday, February 3rd. Bernstein Bank raised their target price on Exxon Mobil from $138.00 to $144.00 and gave the company an "overweight" rating in a research report on Friday, January 31st. HSBC cut their price target on shares of Exxon Mobil from $125.00 to $123.00 and set a "hold" rating on the stock in a report on Friday, January 31st. Finally, Barclays decreased their price objective on shares of Exxon Mobil from $135.00 to $130.00 and set an "overweight" rating for the company in a report on Wednesday, April 23rd. One analyst has rated the stock with a sell rating, eight have assigned a hold rating, eleven have issued a buy rating and two have given a strong buy rating to the stock. Based on data from MarketBeat, the company has a consensus rating of "Moderate Buy" and an average target price of $126.50.

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.