Breed s Hill Capital LLC Invests $313,000 in Exxon Mobil Co. (NYSE:XOM)

Breed s Hill Capital LLC bought a new stake in shares of Exxon Mobil Co. (NYSE:XOM) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 3,127 shares of the oil and gas company’s stock, valued at approximately $313,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. Fisher Asset Management LLC boosted its holdings in shares of Exxon Mobil by 566.2% during the 4th quarter. Fisher Asset Management LLC now owns 13,197,713 shares of the oil and gas company’s stock valued at $1,319,507,000 after purchasing an additional 11,216,602 shares during the last quarter. International Assets Investment Management LLC increased its position in Exxon Mobil by 10,221.0% during the fourth quarter. International Assets Investment Management LLC now owns 4,917,763 shares of the oil and gas company’s stock valued at $491,678,000 after acquiring an additional 4,870,115 shares during the last quarter. FMR LLC grew its position in Exxon Mobil by 3.0% in the 3rd quarter. FMR LLC now owns 145,199,301 shares of the oil and gas company’s stock valued at $17,072,534,000 after acquiring an additional 4,162,149 shares during the last quarter. J.P. Morgan Private Wealth Advisors LLC purchased a new stake in Exxon Mobil in the third quarter worth $295,515,000. Finally, Canada Pension Plan Investment Board lifted its position in shares of Exxon Mobil by 21,620,510.0% during the third quarter. Canada Pension Plan Investment Board now owns 2,162,061 shares of the oil and gas company’s stock worth $254,215,000 after purchasing an additional 2,162,051 shares during the last quarter. Hedge funds and other institutional investors own 61.80% of the company’s stock.

Exxon Mobil Stock Performance

NYSE:XOM traded up $2.32 during trading hours on Thursday, hitting $118.47. 17,561,295 shares of the company were exchanged, compared to its average volume of 18,813,258. The company’s 50 day moving average price is $115.38 and its 200-day moving average price is $107.02. The stock has a market capitalization of $467.13 billion, a price-to-earnings ratio of 14.52, a PEG ratio of 4.03 and a beta of 0.96. Exxon Mobil Co. has a 52-week low of $95.77 and a 52-week high of $123.75. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.38 and a quick ratio of 1.06.

Exxon Mobil (NYSE:XOM) last released its earnings results on Friday, April 26th. The oil and gas company reported $2.06 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.19 by ($0.13). The firm had revenue of $83.08 billion during the quarter, compared to analyst estimates of $79.69 billion. Exxon Mobil had a net margin of 9.62% and a return on equity of 16.75%. Exxon Mobil’s revenue was down 4.0% on a year-over-year basis. During the same period in the previous year, the company earned $2.83 earnings per share. As a group, research analysts forecast that Exxon Mobil Co. will post 9.61 earnings per share for the current year.

Exxon Mobil Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, June 10th. Shareholders of record on Wednesday, May 15th will be paid a dividend of $0.95 per share. This represents a $3.80 annualized dividend and a yield of 3.21%. The ex-dividend date of this dividend is Tuesday, May 14th. Exxon Mobil’s payout ratio is 46.57%.

Wall Street Analyst Weigh In

Several research analysts recently commented on XOM shares. Piper Sandler raised their price target on shares of Exxon Mobil from $130.00 to $145.00 and gave the stock an “overweight” rating in a research note on Thursday, April 18th. Barclays began coverage on Exxon Mobil in a report on Wednesday, April 10th. They issued an “overweight” rating and a $147.00 price target for the company. HSBC raised their price objective on Exxon Mobil from $111.00 to $120.00 and gave the stock a “hold” rating in a report on Tuesday, April 30th. Wells Fargo & Company upped their target price on Exxon Mobil from $138.00 to $142.00 and gave the stock an “overweight” rating in a report on Tuesday, April 30th. Finally, Mizuho restated a “neutral” rating and issued a $125.00 price objective on shares of Exxon Mobil in a report on Thursday, April 4th. Eight investment analysts have rated the stock with a hold rating and eleven have issued a buy rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $134.18.

Insider Activity

In other news, VP Darrin L. Talley sold 2,426 shares of the business’s stock in a transaction dated Monday, April 29th. The stock was sold at an average price of $119.01, for a total value of $288,718.26. Following the completion of the transaction, the vice president now owns 25,363 shares of the company’s stock, valued at approximately $3,018,450.63. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. In other Exxon Mobil news, VP Darrin L. Talley sold 2,426 shares of the company’s stock in a transaction dated Monday, April 29th. The shares were sold at an average price of $119.01, for a total value of $288,718.26. Following the completion of the transaction, the vice president now owns 25,363 shares in the company, valued at $3,018,450.63. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, VP Darrin L. Talley sold 2,400 shares of the firm’s stock in a transaction dated Thursday, February 22nd. The shares were sold at an average price of $105.00, for a total value of $252,000.00. Following the sale, the vice president now owns 30,189 shares in the company, valued at $3,169,845. The disclosure for this sale can be found here. Insiders own 0.03% of the company’s stock.

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.