Ascent Wealth Partners LLC Has $881,000 Holdings in Exxon Mobil Co. (NYSE:XOM)

Ascent Wealth Partners LLC lifted its holdings in shares of Exxon Mobil Co. (NYSE:XOMFree Report) by 1.2% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 8,810 shares of the oil and gas company’s stock after purchasing an additional 105 shares during the period. Ascent Wealth Partners LLC’s holdings in Exxon Mobil were worth $881,000 as of its most recent filing with the SEC.

Other hedge funds have also bought and sold shares of the company. Zimmermann Investment Management & Planning LLC increased its stake in Exxon Mobil by 4.6% in the fourth quarter. Zimmermann Investment Management & Planning LLC now owns 3,833 shares of the oil and gas company’s stock valued at $383,000 after purchasing an additional 170 shares in the last quarter. Parsons Capital Management Inc. RI increased its position in shares of Exxon Mobil by 5.9% during the fourth quarter. Parsons Capital Management Inc. RI now owns 244,967 shares of the oil and gas company’s stock worth $24,492,000 after acquiring an additional 13,702 shares in the last quarter. Retirement Guys Formula LLC increased its position in shares of Exxon Mobil by 11.7% during the fourth quarter. Retirement Guys Formula LLC now owns 9,834 shares of the oil and gas company’s stock worth $983,000 after acquiring an additional 1,027 shares in the last quarter. apricus wealth LLC boosted its holdings in Exxon Mobil by 23.2% during the fourth quarter. apricus wealth LLC now owns 6,383 shares of the oil and gas company’s stock worth $638,000 after purchasing an additional 1,203 shares during the last quarter. Finally, JB Capital LLC boosted its holdings in Exxon Mobil by 22.4% during the fourth quarter. JB Capital LLC now owns 26,502 shares of the oil and gas company’s stock worth $2,649,000 after purchasing an additional 4,853 shares during the last quarter. Institutional investors own 61.80% of the company’s stock.

Exxon Mobil Stock Performance

NYSE XOM opened at $119.34 on Thursday. Exxon Mobil Co. has a 1 year low of $95.77 and a 1 year high of $120.70. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.48 and a quick ratio of 1.09. The stock has a market capitalization of $473.52 billion, a PE ratio of 13.42, a P/E/G ratio of 4.28 and a beta of 0.96. The company’s 50 day simple moving average is $107.34 and its two-hundred day simple moving average is $105.99.

Exxon Mobil (NYSE:XOMGet Free Report) last posted its earnings results on Friday, February 2nd. The oil and gas company reported $2.48 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.20 by $0.28. Exxon Mobil had a net margin of 10.45% and a return on equity of 18.51%. The business had revenue of $84.34 billion for the quarter, compared to analysts’ expectations of $90.03 billion. During the same period in the prior year, the company posted $3.40 EPS. The business’s revenue for the quarter was down 11.6% compared to the same quarter last year. Analysts predict that Exxon Mobil Co. will post 9.11 earnings per share for the current fiscal year.

Exxon Mobil Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, March 11th. Shareholders of record on Wednesday, February 14th were paid a $0.95 dividend. This represents a $3.80 annualized dividend and a yield of 3.18%. The ex-dividend date was Tuesday, February 13th. Exxon Mobil’s dividend payout ratio is presently 42.74%.

Analysts Set New Price Targets

A number of research firms have weighed in on XOM. Erste Group Bank reiterated a “hold” rating on shares of Exxon Mobil in a research note on Friday, December 22nd. JPMorgan Chase & Co. dropped their target price on shares of Exxon Mobil from $134.00 to $127.00 and set an “overweight” rating on the stock in a research note on Friday, December 8th. Redburn Atlantic upgraded shares of Exxon Mobil from a “neutral” rating to a “buy” rating and boosted their target price for the company from $116.00 to $119.00 in a research note on Tuesday, January 9th. Royal Bank of Canada reiterated a “sector perform” rating and issued a $120.00 target price on shares of Exxon Mobil in a research note on Monday, February 5th. Finally, TD Cowen upped their price target on shares of Exxon Mobil from $115.00 to $120.00 and gave the company a “buy” rating in a research note on Monday. Nine equities research analysts have rated the stock with a hold rating and ten have given a buy rating to the stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $128.47.

Read Our Latest Report on Exxon Mobil

Insiders Place Their Bets

In other news, VP Darrin L. Talley sold 2,400 shares of the firm’s stock in a transaction on Thursday, February 22nd. The shares were sold at an average price of $105.00, for a total transaction of $252,000.00. Following the sale, the vice president now owns 30,189 shares in the company, valued at approximately $3,169,845. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Corporate insiders own 0.04% of the company’s stock.

Exxon Mobil Company Profile

(Free Report)

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.

See Also

Institutional Ownership by Quarter for Exxon Mobil (NYSE:XOM)

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