Total Wealth Planning & Management Inc. Takes $1.28 Million Position in Exxon Mobil Co. (NYSE:XOM)

Total Wealth Planning & Management Inc. bought a new stake in shares of Exxon Mobil Co. (NYSE:XOM - Free Report) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 11,901 shares of the oil and gas company's stock, valued at approximately $1,280,000. Exxon Mobil comprises approximately 1.2% of Total Wealth Planning & Management Inc.'s investment portfolio, making the stock its 18th biggest holding.

Several other large investors have also recently modified their holdings of XOM. 10Elms LLP purchased a new stake in shares of Exxon Mobil in the 4th quarter worth $25,000. Fairway Wealth LLC purchased a new stake in shares of Exxon Mobil in the 4th quarter worth $31,000. Capital A Wealth Management LLC purchased a new stake in shares of Exxon Mobil in the 4th quarter worth $32,000. Keystone Financial Group Inc. purchased a new stake in shares of Exxon Mobil in the 4th quarter worth $36,000. Finally, Compass Planning Associates Inc purchased a new stake in shares of Exxon Mobil in the 4th quarter worth $47,000. Institutional investors own 61.80% of the company's stock.

Exxon Mobil Stock Down 1.4%

NYSE:XOM traded down $1.42 during mid-day trading on Wednesday, hitting $102.10. 14,251,325 shares of the company's stock traded hands, compared to its average volume of 15,546,853. The company has a fifty day moving average of $107.77 and a 200 day moving average of $110.08. Exxon Mobil Co. has a twelve month low of $97.80 and a twelve month high of $126.34. The company has a market capitalization of $440.01 billion, a P/E ratio of 13.02, a P/E/G 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.

Exxon Mobil (NYSE:XOM - Get Free Report) last announced its earnings results on Friday, May 2nd. The oil and gas company reported $1.76 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.73 by $0.03. The company had revenue of $83.13 billion for 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%. The firm's quarterly revenue was up .1% compared to the same quarter last year. During the same period in the prior year, the company posted $2.06 EPS. On average, analysts forecast that Exxon Mobil Co. will post 7.43 EPS for the current 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 issued a $0.99 dividend. This represents a $3.96 dividend on an annualized basis and a dividend yield of 3.88%. The ex-dividend date is Thursday, May 15th. Exxon Mobil's dividend payout ratio is presently 52.52%.

Analyst Ratings Changes

Several brokerages have weighed in on XOM. BMO Capital Markets lowered their target price 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 reissued a "hold" rating on shares of Exxon Mobil in a research report on Wednesday. HSBC reduced their price target on Exxon Mobil from $125.00 to $123.00 and set a "hold" rating for the company in a research report on Friday, January 31st. UBS Group reduced their price target on Exxon Mobil from $135.00 to $131.00 and set a "buy" rating for the company in a research report on Monday, April 14th. Finally, Wells Fargo & Company reduced their price target 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. One analyst has rated the stock with a sell rating, ten have assigned a hold rating, nine have assigned a buy rating and two have assigned a strong buy rating to the company's stock. According to data from MarketBeat, the company currently has an average 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.