Voya Financial Advisors Inc. Increases Stock Holdings in Exxon Mobil Co. (NYSE:XOM)

Voya Financial Advisors Inc. lifted its holdings in Exxon Mobil Co. (NYSE:XOM - Free Report) by 5.0% in the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 52,737 shares of the oil and gas company's stock after acquiring an additional 2,532 shares during the quarter. Exxon Mobil accounts for about 0.6% of Voya Financial Advisors Inc.'s holdings, making the stock its 15th biggest holding. Voya Financial Advisors Inc.'s holdings in Exxon Mobil were worth $5,577,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in XOM. Fairway Wealth LLC purchased a new position in shares of Exxon Mobil during the fourth quarter valued at about $31,000. Keystone Financial Group Inc. purchased a new position in shares of Exxon Mobil in the 4th quarter valued at approximately $36,000. Retirement Wealth Solutions LLC bought a new stake in shares of Exxon Mobil during the fourth quarter valued at approximately $46,000. Compass Planning Associates Inc purchased a new stake in Exxon Mobil in the fourth quarter worth $47,000. Finally, Synergy Investment Management LLC bought a new position in Exxon Mobil in the fourth quarter worth $47,000. Institutional investors own 61.80% of the company's stock.

Exxon Mobil Stock Performance

NYSE:XOM traded down $0.19 during mid-day trading on Tuesday, hitting $108.44. 3,760,678 shares of the company traded hands, compared to its average volume of 15,828,714. The stock's fifty day moving average price is $109.72 and its 200-day moving average price is $112.02. 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 Co. has a one year low of $97.80 and a one year high of $126.34. The firm has a market cap of $469.02 billion, a price-to-earnings ratio of 13.82, a price-to-earnings-growth ratio of 3.02 and a beta of 0.61.

Exxon Mobil (NYSE:XOM - Get Free Report) last announced its quarterly earnings data on Friday, January 31st. The oil and gas company reported $1.67 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 quarter in the prior year, the company earned $2.48 EPS. Research analysts anticipate that Exxon Mobil Co. will post 7.43 earnings per share for the current fiscal year.

Exxon Mobil Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, March 10th. Investors of record on Wednesday, February 12th were issued a $0.99 dividend. The ex-dividend date was Wednesday, February 12th. This represents a $3.96 dividend on an annualized basis and a yield of 3.65%. Exxon Mobil's dividend payout ratio is presently 50.51%.

Wall Street Analyst Weigh In

A number of research firms have recently weighed in on XOM. Truist Financial upped their target price on shares of Exxon Mobil from $117.00 to $119.00 and gave the stock a "hold" rating in a research report on Monday, January 13th. The Goldman Sachs Group cut their price objective on shares of Exxon Mobil from $125.00 to $123.00 and set a "neutral" rating on the stock in a report on Friday, January 31st. BMO Capital Markets dropped their price target on Exxon Mobil from $130.00 to $123.00 and set a "market perform" rating on the stock in a research report on Friday, January 31st. Bernstein Bank lifted their price objective on Exxon Mobil from $138.00 to $144.00 and gave the company an "overweight" rating in a research note on Friday, January 31st. Finally, Argus raised Exxon Mobil to a "strong-buy" rating in a research note on Tuesday, February 4th. One equities research analyst has rated the stock with a sell rating, eight have issued a hold rating, eleven have issued a buy rating and two have given a strong buy rating to the company's stock. Based on data from MarketBeat.com, Exxon Mobil has a consensus rating of "Moderate Buy" and an average price target of $126.50.

Insiders Place Their Bets

In other news, VP Darrin L. Talley sold 2,100 shares of the business's stock in a transaction on Tuesday, February 4th. The shares were sold at an average price of $110.00, for a total value of $231,000.00. Following the transaction, the vice president now owns 18,087 shares of the company's stock, valued at approximately $1,989,570. The trade was a 10.40 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 0.03% of the stock is currently owned by corporate insiders.

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.