Exxon Mobil Co. (NYSE:XOM) Shares Bought by Signal Advisors Wealth LLC

Signal Advisors Wealth LLC grew its position in shares of Exxon Mobil Co. (NYSE:XOMFree Report) by 178.3% during the 1st quarter, according to the company in its most recent filing with the SEC. The firm owned 12,222 shares of the oil and gas company’s stock after purchasing an additional 7,830 shares during the quarter. Signal Advisors Wealth LLC’s holdings in Exxon Mobil were worth $1,421,000 as of its most recent filing with the SEC.

Other hedge funds also recently modified their holdings of the company. Perpetual Ltd grew its holdings in shares of Exxon Mobil by 10.7% in the 1st quarter. Perpetual Ltd now owns 36,252 shares of the oil and gas company’s stock worth $4,214,000 after acquiring an additional 3,508 shares during the last quarter. MADDEN SECURITIES Corp grew its holdings in shares of Exxon Mobil by 15.7% in the 1st quarter. MADDEN SECURITIES Corp now owns 22,745 shares of the oil and gas company’s stock worth $2,644,000 after acquiring an additional 3,079 shares during the last quarter. Welch Group LLC grew its holdings in shares of Exxon Mobil by 1.9% in the 1st quarter. Welch Group LLC now owns 514,561 shares of the oil and gas company’s stock worth $59,813,000 after acquiring an additional 9,829 shares during the last quarter. Stolper Co grew its holdings in shares of Exxon Mobil by 0.4% in the 1st quarter. Stolper Co now owns 23,809 shares of the oil and gas company’s stock worth $2,768,000 after acquiring an additional 98 shares during the last quarter. Finally, Collective Family Office LLC grew its holdings in shares of Exxon Mobil by 19.4% in the 1st quarter. Collective Family Office LLC now owns 2,492 shares of the oil and gas company’s stock worth $290,000 after acquiring an additional 405 shares during the last quarter. 61.80% of the stock is currently owned by institutional investors and hedge funds.

Exxon Mobil Stock Up 2.2 %

Shares of NYSE:XOM traded up $2.37 on Thursday, reaching $111.75. The company had a trading volume of 17,432,219 shares, compared to its average volume of 18,097,930. Exxon Mobil Co. has a twelve month low of $95.77 and a twelve month high of $123.75. The stock has a 50-day moving average price of $115.89 and a 200 day moving average price of $108.98. The stock has a market capitalization of $440.63 billion, a P/E ratio of 13.69, a P/E/G ratio of 3.90 and a beta of 0.92. The company has a quick ratio of 1.06, a current ratio of 1.38 and a debt-to-equity ratio of 0.15.

Exxon Mobil (NYSE:XOMGet Free Report) last announced its quarterly earnings results on Friday, April 26th. The oil and gas company reported $2.06 earnings per share for the quarter, missing analysts’ consensus estimates of $2.19 by ($0.13). Exxon Mobil had a return on equity of 16.75% and a net margin of 9.62%. The company had revenue of $83.08 billion during the quarter, compared to analyst estimates of $79.69 billion. During the same period in the prior year, the firm earned $2.83 EPS. Exxon Mobil’s quarterly revenue was down 4.0% on a year-over-year basis. On average, equities analysts expect that Exxon Mobil Co. will post 9.36 EPS for the current year.

Exxon Mobil Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, June 10th. Stockholders of record on Wednesday, May 15th were paid a $0.95 dividend. The ex-dividend date of this dividend was Tuesday, May 14th. This represents a $3.80 dividend on an annualized basis and a dividend yield of 3.40%. Exxon Mobil’s payout ratio is presently 46.57%.

Analyst Ratings Changes

A number of equities analysts recently issued reports on the company. Piper Sandler lifted their target price on Exxon Mobil from $130.00 to $145.00 and gave the stock an “overweight” rating in a report on Thursday, April 18th. Mizuho raised their target price on Exxon Mobil from $125.00 to $128.00 and gave the stock a “neutral” rating in a research report on Monday, May 13th. Scotiabank raised their target price on Exxon Mobil from $114.00 to $129.00 and gave the stock a “sector perform” rating in a research report on Thursday, April 11th. Wells Fargo & Company raised their target price on Exxon Mobil from $138.00 to $142.00 and gave the stock an “overweight” rating in a research report on Tuesday, April 30th. Finally, Morgan Stanley reaffirmed an “overweight” rating and issued a $145.00 target price on shares of Exxon Mobil in a research report on Wednesday, May 15th. Nine research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $133.71.

Read Our Latest Report on XOM

Insider Transactions at Exxon Mobil

In other news, VP Darrin L. Talley sold 2,426 shares of Exxon Mobil 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 transaction, the vice president now directly owns 25,363 shares in the company, valued at $3,018,450.63. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. 0.03% of the stock is currently owned by corporate insiders.

About Exxon Mobil

(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.

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

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