5,206 Shares in Exxon Mobil Co. (NYSE:XOM) Purchased by Keyvantage Wealth LLC

Keyvantage Wealth LLC purchased a new position in shares of Exxon Mobil Co. (NYSE:XOM - Free Report) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 5,206 shares of the oil and gas company's stock, valued at approximately $560,000.

A number of other institutional investors and hedge funds have also recently made changes to their positions in XOM. Stonebridge Capital Advisors LLC boosted its holdings in shares of Exxon Mobil by 0.6% during the 4th quarter. Stonebridge Capital Advisors LLC now owns 153,367 shares of the oil and gas company's stock valued at $16,498,000 after acquiring an additional 938 shares in the last quarter. Hancock Whitney Corp lifted its holdings in shares of Exxon Mobil by 3.3% during the fourth quarter. Hancock Whitney Corp now owns 262,611 shares of the oil and gas company's stock worth $28,249,000 after purchasing an additional 8,369 shares during the period. Seven Springs Wealth Group LLC raised its position in Exxon Mobil by 60.7% during the 4th quarter. Seven Springs Wealth Group LLC now owns 7,272 shares of the oil and gas company's stock worth $782,000 after purchasing an additional 2,747 shares during the last quarter. Guardian Wealth Management Inc. lifted its stake in shares of Exxon Mobil by 10.9% in the fourth quarter. Guardian Wealth Management Inc. now owns 1,086 shares of the oil and gas company's stock worth $117,000 after acquiring an additional 107 shares during the period. Finally, Integrated Wealth Concepts LLC lifted its position in shares of Exxon Mobil by 1.6% in the 4th quarter. Integrated Wealth Concepts LLC now owns 247,780 shares of the oil and gas company's stock worth $26,654,000 after purchasing an additional 3,998 shares during the period. Institutional investors and hedge funds own 61.80% of the company's stock.

Exxon Mobil Price Performance

XOM stock traded down $0.39 during trading on Monday, reaching $108.18. The company's stock had a trading volume of 4,570,015 shares, compared to its average volume of 15,839,987. The company's fifty day moving average is $109.75 and its 200-day moving average is $112.13. Exxon Mobil Co. has a 1 year low of $97.80 and a 1 year high of $126.34. The company has a market capitalization of $467.91 billion, a P/E ratio of 13.79, a price-to-earnings-growth ratio of 3.02 and a beta of 0.61. The company has a quick ratio of 0.97, a current ratio of 1.31 and a debt-to-equity ratio of 0.14.

Exxon Mobil (NYSE:XOM - Get Free Report) last issued its earnings results on Friday, January 31st. The oil and gas company reported $1.67 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.77 by ($0.10). Exxon Mobil had a net margin of 9.63% and a return on equity of 12.92%. During the same period in the prior year, the company posted $2.48 EPS. On average, research analysts expect that Exxon Mobil Co. will post 7.43 earnings per share for the current fiscal year.

Exxon Mobil Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, March 10th. Stockholders of record on Wednesday, February 12th were given a dividend of $0.99 per share. The ex-dividend date of this dividend was Wednesday, February 12th. This represents a $3.96 dividend on an annualized basis and a dividend yield of 3.66%. Exxon Mobil's payout ratio is 50.51%.

Insider Transactions at Exxon Mobil

In other Exxon Mobil news, VP Darrin L. Talley sold 2,100 shares of the stock in a transaction on Tuesday, February 4th. The shares were sold at an average price of $110.00, for a total transaction of $231,000.00. Following the completion of the transaction, the vice president now owns 18,087 shares in the company, valued at $1,989,570. This trade represents a 10.40 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Insiders own 0.03% of the company's stock.

Wall Street Analysts Forecast Growth

Several analysts have recently commented on XOM shares. Wells Fargo & Company lowered their price objective on Exxon Mobil from $136.00 to $135.00 and set an "overweight" rating for the company in a research note on Monday, February 3rd. Mizuho cut their price target on shares of Exxon Mobil from $131.00 to $129.00 and set a "neutral" rating for the company in a research note on Thursday, April 3rd. UBS Group decreased their price objective on Exxon Mobil from $135.00 to $131.00 and set a "buy" rating on the stock in a report on Monday, April 14th. The Goldman Sachs Group decreased their price objective on shares of Exxon Mobil from $125.00 to $123.00 and set a "neutral" rating on the stock in a research report on Friday, January 31st. Finally, Argus upgraded shares of Exxon Mobil to a "strong-buy" rating in a report on Tuesday, February 4th. One investment analyst has rated the stock with a sell rating, eight have assigned a hold rating, eleven have issued a buy rating and two have issued a strong buy rating to the stock. According to data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $126.50.

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.