5,116 Shares in Exxon Mobil Co. (NYSE:XOM) Acquired by Wood Tarver Financial Group LLC

Wood Tarver Financial Group LLC purchased a new stake in shares of Exxon Mobil Co. (NYSE:XOM - Free Report) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm purchased 5,116 shares of the oil and gas company's stock, valued at approximately $550,000.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Tallon Kerry Patrick purchased a new stake in Exxon Mobil during the 4th quarter worth approximately $789,000. Lifestyle Asset Management Inc. increased its position in shares of Exxon Mobil by 0.3% in the fourth quarter. Lifestyle Asset Management Inc. now owns 60,814 shares of the oil and gas company's stock valued at $6,542,000 after buying an additional 208 shares in the last quarter. Cornerstone Wealth Management LLC lifted its stake in Exxon Mobil by 1.5% in the 4th quarter. Cornerstone Wealth Management LLC now owns 74,988 shares of the oil and gas company's stock valued at $8,067,000 after buying an additional 1,134 shares in the last quarter. McGlone Suttner Wealth Management Inc. grew its holdings in shares of Exxon Mobil by 12.0% during the fourth quarter. McGlone Suttner Wealth Management Inc. now owns 13,153 shares of the oil and gas company's stock worth $1,415,000 after buying an additional 1,407 shares in the last quarter. Finally, MFA Wealth Services acquired a new position in Exxon Mobil during the fourth quarter worth $569,000. Hedge funds and other institutional investors own 61.80% of the company's stock.

Exxon Mobil Stock Down 0.9%

Shares of XOM traded down $0.88 during midday trading on Friday, reaching $101.81. 7,331,914 shares of the company were exchanged, compared to its average volume of 15,514,999. 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 stock has a 50-day moving average price of $107.24 and a 200-day moving average price of $109.90. The company has a market cap of $438.76 billion, a price-to-earnings ratio of 12.99, a P/E/G ratio of 3.02 and a beta of 0.51. 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 announced its quarterly earnings results on Friday, May 2nd. The oil and gas company reported $1.76 earnings per share for the quarter, topping analysts' consensus estimates of $1.73 by $0.03. The business 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%. During the same period in the prior year, the firm earned $2.06 EPS. The business's quarterly revenue was up .1% on a year-over-year basis. Research analysts expect that Exxon Mobil Co. will post 7.43 earnings per share for the current year.

Exxon Mobil Dividend Announcement

The firm 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 dividend yield of 3.89%. The ex-dividend date of this dividend is Thursday, May 15th. Exxon Mobil's payout ratio is presently 52.52%.

Analyst Ratings Changes

A number of analysts have issued reports on the company. Scotiabank decreased their price target on Exxon Mobil from $140.00 to $115.00 and set a "sector outperform" rating for the company in a report on Friday, April 11th. BMO Capital Markets dropped their target price on Exxon Mobil from $130.00 to $123.00 and set a "market perform" rating on the stock in a report on Friday, January 31st. Barclays reaffirmed a "hold" rating on shares of Exxon Mobil in a report on Thursday, May 22nd. Piper Sandler downgraded shares of Exxon Mobil from a "strong-buy" rating to a "hold" rating in a research report on Wednesday. Finally, Wells Fargo & Company reduced their price objective on shares of 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 equities research analyst has rated the stock with a sell rating, ten have issued a hold rating, nine have assigned a buy rating and two have assigned a strong buy rating to the stock. According to data from MarketBeat, Exxon Mobil presently 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.