Exxon Mobil Co. (NYSE:XOM) Shares Bought by Xponance Inc.

Xponance Inc. raised its holdings in shares of Exxon Mobil Co. (NYSE:XOM - Free Report) by 8.3% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 517,245 shares of the oil and gas company's stock after buying an additional 39,463 shares during the period. Exxon Mobil comprises 0.6% of Xponance Inc.'s portfolio, making the stock its 22nd largest holding. Xponance Inc.'s holdings in Exxon Mobil were worth $51,714,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in XOM. Moneta Group Investment Advisors LLC increased its stake in shares of Exxon Mobil by 140,855.3% in the fourth quarter. Moneta Group Investment Advisors LLC now owns 123,341,568 shares of the oil and gas company's stock worth $13,604,575,000 after purchasing an additional 123,254,064 shares in the last quarter. Norges Bank purchased a new stake in shares of Exxon Mobil in the fourth quarter worth $5,226,390,000. Imprint Wealth LLC increased its stake in shares of Exxon Mobil by 9,115.2% in the second quarter. Imprint Wealth LLC now owns 11,304,343 shares of the oil and gas company's stock worth $1,130,434,000 after purchasing an additional 11,181,673 shares in the last quarter. Morgan Stanley increased its stake in shares of Exxon Mobil by 11.9% in the fourth quarter. Morgan Stanley now owns 52,478,674 shares of the oil and gas company's stock worth $5,788,398,000 after purchasing an additional 5,566,797 shares in the last quarter. Finally, International Assets Investment Management LLC increased its stake in shares of Exxon Mobil by 10,221.0% in the fourth quarter. International Assets Investment Management LLC now owns 4,917,763 shares of the oil and gas company's stock worth $491,678,000 after purchasing an additional 4,870,115 shares in the last quarter. 61.80% of the stock is owned by hedge funds and other institutional investors.

Exxon Mobil Trading Up 1.1 %

Shares of Exxon Mobil stock traded up $1.36 during trading on Friday, hitting $119.88. The stock had a trading volume of 21,572,367 shares, compared to its average volume of 15,641,760. The firm's fifty day simple moving average is $111.55 and its 200-day simple moving average is $106.27. The stock has a market cap of $474.52 billion, a PE ratio of 13.48, a PEG ratio of 4.07 and a beta of 0.96. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.48 and a quick ratio of 1.09. Exxon Mobil Co. has a 12 month low of $95.77 and a 12 month high of $123.75.

Exxon Mobil (NYSE:XOM - Get Free Report) last announced its quarterly earnings data on Friday, February 2nd. The oil and gas company reported $2.48 earnings per share for the quarter, beating analysts' consensus estimates of $2.20 by $0.28. Exxon Mobil had a net margin of 10.45% and a return on equity of 18.51%. The company had revenue of $84.34 billion during the quarter, compared to analyst estimates of $90.03 billion. During the same quarter last year, the business posted $3.40 EPS. The firm's revenue for the quarter was down 11.6% on a year-over-year basis. As a group, sell-side analysts expect that Exxon Mobil Co. will post 9.7 EPS for the current fiscal year.

Exxon Mobil Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, March 11th. Investors of record on Wednesday, February 14th were issued a dividend of $0.95 per share. The ex-dividend date of this dividend was Tuesday, February 13th. This represents a $3.80 dividend on an annualized basis and a yield of 3.17%. Exxon Mobil's payout ratio is 42.74%.

Analysts Set New Price Targets

XOM has been the subject of several research analyst reports. Redburn Atlantic raised shares of Exxon Mobil from a "neutral" rating to a "buy" rating and raised their target price for the company from $116.00 to $119.00 in a research note on Tuesday, January 9th. Truist Financial raised their target price on shares of Exxon Mobil from $140.00 to $146.00 and gave the company a "buy" rating in a research note on Friday, April 5th. Barclays initiated coverage on shares of Exxon Mobil in a research note on Wednesday, April 10th. They set an "overweight" rating and a $147.00 target price for the company. Erste Group Bank reaffirmed a "hold" rating on shares of Exxon Mobil in a research note on Friday, December 22nd. Finally, UBS Group raised their target price on shares of Exxon Mobil from $133.00 to $150.00 and gave the company a "buy" rating in a research note on Thursday, April 11th. Nine research analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company. Based on data from MarketBeat.com, Exxon Mobil currently has an average rating of "Moderate Buy" and a consensus target price of $132.28.

Insider Activity at Exxon Mobil

In related news, VP Darrin L. Talley sold 2,400 shares of Exxon Mobil stock in a transaction dated Thursday, February 22nd. The shares were sold at an average price of $105.00, for a total transaction of $252,000.00. Following the completion of the sale, the vice president now owns 30,189 shares in the company, valued at approximately $3,169,845. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 0.06% of the stock is currently owned by company insiders.

About Exxon Mobil

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.