3,097 Shares in Exxon Mobil Co. (NYSE:XOM) Purchased by LifeWealth Investments LLC

LifeWealth Investments LLC acquired a new stake in shares of Exxon Mobil Co. (NYSE:XOM - Free Report) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 3,097 shares of the oil and gas company's stock, valued at approximately $333,000.

Several other institutional investors have also added to or reduced their stakes in XOM. Norges Bank bought a new position in shares of Exxon Mobil in the fourth quarter worth approximately $6,936,737,000. Bank of New York Mellon Corp increased its position in shares of Exxon Mobil by 14.4% in the fourth quarter. Bank of New York Mellon Corp now owns 43,983,110 shares of the oil and gas company's stock worth $4,731,263,000 after purchasing an additional 5,538,694 shares during the last quarter. Pacer Advisors Inc. increased its position in shares of Exxon Mobil by 1,524.1% in the fourth quarter. Pacer Advisors Inc. now owns 5,445,922 shares of the oil and gas company's stock worth $585,818,000 after purchasing an additional 5,110,603 shares during the last quarter. Franklin Resources Inc. increased its position in shares of Exxon Mobil by 13.1% in the fourth quarter. Franklin Resources Inc. now owns 35,662,602 shares of the oil and gas company's stock worth $3,836,226,000 after purchasing an additional 4,140,046 shares during the last quarter. Finally, Northern Trust Corp grew its position in Exxon Mobil by 7.0% during the fourth quarter. Northern Trust Corp now owns 46,017,358 shares of the oil and gas company's stock valued at $4,950,087,000 after acquiring an additional 2,998,892 shares during the last quarter. 61.80% of the stock is owned by hedge funds and other institutional investors.

Exxon Mobil Stock Up 0.2%

Exxon Mobil stock traded up $0.18 on Thursday, hitting $102.29. 6,886,641 shares of the stock traded hands, compared to its average volume of 16,410,898. The company has a current ratio of 1.31, a quick ratio of 0.97 and a debt-to-equity ratio of 0.14. The firm has a market cap of $440.81 billion, a P/E ratio of 13.05, a price-to-earnings-growth ratio of 3.02 and a beta of 0.51. The business's fifty day simple moving average is $107.50 and its 200 day simple moving average is $110.02. Exxon Mobil Co. has a 1 year low of $97.80 and a 1 year 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 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.73 by $0.03. The firm had revenue of $83.13 billion during the quarter, compared to analyst estimates of $86.11 billion. Exxon Mobil had a return on equity of 12.92% and a net margin of 9.63%. Exxon Mobil's quarterly revenue was up .1% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $2.06 EPS. As a group, sell-side analysts forecast that Exxon Mobil Co. will post 7.43 earnings per share for the current year.

Exxon Mobil Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, June 10th. Stockholders of record on Thursday, May 15th will be given a $0.99 dividend. This represents a $3.96 annualized dividend and a dividend yield of 3.87%. The ex-dividend date of this dividend is Thursday, May 15th. Exxon Mobil's dividend payout ratio is presently 52.52%.

Wall Street Analysts Forecast Growth

Several research analysts have recently issued reports on the stock. Mizuho cut their target price on shares of Exxon Mobil from $129.00 to $124.00 and set a "neutral" rating on the stock in a report on Tuesday, May 13th. Piper Sandler restated a "hold" rating on shares of Exxon Mobil in a report on Wednesday. Barclays reiterated a "hold" rating on shares of Exxon Mobil in a report on Thursday, May 22nd. UBS Group cut their price target on shares of Exxon Mobil from $135.00 to $131.00 and set a "buy" rating on the stock in a report on Monday, April 14th. Finally, BMO Capital Markets cut their price target on shares of Exxon Mobil from $130.00 to $123.00 and set a "market perform" rating on the stock in a report on Friday, January 31st. One analyst has rated the stock with a sell rating, ten have given a hold rating, nine have issued a buy rating and two have issued a strong buy rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $125.50.

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.