Fire Capital Management LLC Invests $1.97 Million in Exxon Mobil Co. (NYSE:XOM)

Fire Capital Management LLC acquired a new position in shares of Exxon Mobil Co. (NYSE:XOM - Free Report) during the 4th quarter, according to its most recent 13F filing with the SEC. The firm acquired 18,280 shares of the oil and gas company's stock, valued at approximately $1,966,000. Exxon Mobil accounts for 1.5% of Fire Capital Management LLC's investment portfolio, making the stock its 17th biggest position.

Several other institutional investors also recently bought and sold shares of XOM. 10Elms LLP purchased a new position in shares of Exxon Mobil during the 4th quarter valued at about $25,000. Fairway Wealth LLC acquired a new position in shares of Exxon Mobil during the 4th quarter worth approximately $31,000. Capital A Wealth Management LLC acquired a new position in shares of Exxon Mobil during the 4th quarter worth approximately $32,000. Keystone Financial Group Inc. acquired a new position in Exxon Mobil in the fourth quarter valued at approximately $36,000. Finally, Compass Planning Associates Inc acquired a new position in Exxon Mobil in the fourth quarter valued at approximately $47,000. 61.80% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of analysts have recently weighed in on the company. Barclays reaffirmed a "hold" rating on shares of Exxon Mobil in a research report on Thursday, May 22nd. UBS Group dropped their target price on shares of Exxon Mobil from $135.00 to $131.00 and set a "buy" rating for the company in a report on Monday, April 14th. Wells Fargo & Company decreased their target price on shares of Exxon Mobil from $136.00 to $135.00 and set an "overweight" rating on the stock in a research report on Monday, February 3rd. Scotiabank decreased their price target on shares of Exxon Mobil from $140.00 to $115.00 and set a "sector outperform" rating on the stock in a report on Friday, April 11th. Finally, Piper Sandler lowered shares of Exxon Mobil from a "strong-buy" rating to a "hold" rating in a report on Wednesday. One investment analyst has rated the stock with a sell rating, ten have assigned a hold rating, nine have given a buy rating and two have issued a strong buy rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average price target of $125.50.

Exxon Mobil Stock Performance

XOM traded down $0.61 on Friday, reaching $102.08. The company had a trading volume of 28,636,718 shares, compared to its average volume of 15,548,490. Exxon Mobil Co. has a fifty-two week low of $97.80 and a fifty-two week high of $126.34. The stock has a market cap of $439.93 billion, a P/E ratio of 13.02, a P/E/G ratio of 3.02 and a beta of 0.51. The company's fifty day moving average is $106.95 and its 200 day moving average is $109.62. The company has a debt-to-equity ratio of 0.14, a quick ratio of 0.97 and a current ratio of 1.31.

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

Exxon Mobil Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 10th. Investors of record on Thursday, May 15th will be paid a $0.99 dividend. This represents a $3.96 annualized dividend and a yield of 3.88%. The ex-dividend date is Thursday, May 15th. Exxon Mobil's payout ratio is 52.52%.

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.