Columbia River Financial Group LLC Acquires Shares of 5,816 Exxon Mobil Co. (NYSE:XOM)

Columbia River Financial Group LLC acquired a new position in Exxon Mobil Co. (NYSE:XOM - Free Report) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm acquired 5,816 shares of the oil and gas company's stock, valued at approximately $625,000.

A number of other hedge funds have also bought and sold shares of XOM. 10Elms LLP purchased a new position in shares of Exxon Mobil during the fourth quarter valued at approximately $25,000. Fairway Wealth LLC bought a new stake in Exxon Mobil in the 4th quarter worth approximately $31,000. Keystone Financial Group Inc. bought a new stake in Exxon Mobil in the 4th quarter worth approximately $36,000. Compass Planning Associates Inc purchased a new stake in Exxon Mobil during the 4th quarter valued at $47,000. Finally, Synergy Investment Management LLC bought a new position in shares of Exxon Mobil during the 4th quarter valued at $47,000. Hedge funds and other institutional investors own 61.80% of the company's stock.

Exxon Mobil Price Performance

Shares of Exxon Mobil stock traded up $0.14 during trading hours on Monday, hitting $103.11. The company's stock had a trading volume of 12,055,860 shares, compared to its average volume of 15,555,647. The company has a market cap of $444.36 billion, a PE ratio of 13.15, a PEG ratio of 3.02 and a beta of 0.51. 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 business has a 50 day moving average price of $108.26 and a two-hundred day moving average price of $110.25. Exxon Mobil Co. has a 12-month low of $97.80 and a 12-month high of $126.34.

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

Exxon Mobil Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 10th. Stockholders of record on Thursday, May 15th will be given a dividend of $0.99 per share. The ex-dividend date is Thursday, May 15th. This represents a $3.96 dividend on an annualized basis and a dividend yield of 3.84%. Exxon Mobil's payout ratio is 52.52%.

Analysts Set New Price Targets

XOM has been the subject of several research analyst reports. BMO Capital Markets cut their price objective on Exxon Mobil from $130.00 to $123.00 and set a "market perform" rating for the company in a report on Friday, January 31st. Piper Sandler cut their price target on Exxon Mobil from $127.00 to $125.00 and set an "overweight" rating for the company in a research note on Tuesday, May 13th. Mizuho reduced their price target on shares of Exxon Mobil from $129.00 to $124.00 and set a "neutral" rating for the company in a research report on Tuesday, May 13th. HSBC dropped their price objective 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, Wells Fargo & Company reduced their target price on shares of Exxon Mobil from $136.00 to $135.00 and set an "overweight" rating for the company in a report on Monday, February 3rd. One research analyst has rated the stock with a sell rating, nine have given a hold rating, ten have issued a buy rating and two have assigned a strong buy rating to the company's stock. According to MarketBeat, Exxon Mobil presently has a consensus rating of "Moderate Buy" and an average target price of $125.50.

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.