3,110 Shares in Exxon Mobil Co. (NYSE:XOM) Acquired by Olympiad Research LP

Olympiad Research LP acquired a new position in shares of Exxon Mobil Co. (NYSE:XOM) during the 4th quarter, Holdings Channel.com reports. The firm acquired 3,110 shares of the oil and gas company’s stock, valued at approximately $335,000.

Other institutional investors and hedge funds have also bought and sold shares of the company. Keystone Financial Group Inc. bought a new stake in Exxon Mobil during the fourth quarter valued at about $36,000. Retirement Wealth Solutions LLC bought a new position in Exxon Mobil in the fourth quarter worth about $46,000. Compass Planning Associates Inc purchased a new stake in shares of Exxon Mobil during the fourth quarter valued at about $47,000. Compass Financial Services Inc bought a new stake in shares of Exxon Mobil in the 4th quarter valued at about $48,000. Finally, Peterson Financial Group Inc. purchased a new position in shares of Exxon Mobil in the 3rd quarter worth approximately $51,000. 61.80% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

Several equities research analysts have weighed in on the stock. Piper Sandler lowered their target price on shares of Exxon Mobil from $138.00 to $127.00 and set an “overweight” rating for the company in a research note on Thursday, December 19th. BMO Capital Markets lowered their price objective on Exxon Mobil from $130.00 to $123.00 and set a “market perform” rating for the company in a research report on Friday, January 31st. Royal Bank of Canada reaffirmed a “sector perform” rating and set a $115.00 target price on shares of Exxon Mobil in a research report on Monday, February 3rd. TD Cowen dropped their price target on Exxon Mobil from $132.00 to $128.00 and set a “buy” rating on the stock in a research note on Monday, December 16th. Finally, Scotiabank decreased their price objective on shares of Exxon Mobil from $145.00 to $140.00 in a research report on Friday, January 31st. One equities research analyst has rated the stock with a sell rating, eight have given a hold rating, eleven have assigned a buy rating and two have issued a strong buy rating to the stock. Based on data from MarketBeat.com, Exxon Mobil currently has a consensus rating of “Moderate Buy” and an average price target of $129.25.

Exxon Mobil Price Performance

NYSE:XOM opened at $109.75 on Wednesday. The firm has a market cap of $476.20 billion, a price-to-earnings ratio of 14.00, a price-to-earnings-growth ratio of 3.02 and a beta of 0.89. The company has a debt-to-equity ratio of 0.14, a current ratio of 1.31 and a quick ratio of 0.97. The company has a 50 day moving average price of $108.69 and a 200-day moving average price of $114.37. Exxon Mobil Co. has a 1-year low of $103.05 and a 1-year high of $126.34.

Exxon Mobil (NYSE:XOM) last issued its quarterly earnings data on Friday, January 31st. The oil and gas company reported $1.67 earnings per share for the quarter, missing analysts’ consensus estimates of $1.77 by ($0.10). Exxon Mobil had a return on equity of 12.92% and a net margin of 9.63%. During the same quarter last year, the company posted $2.48 earnings per share. Equities research analysts forecast that Exxon Mobil Co. will post 7.43 EPS for the current year.

Exxon Mobil Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, March 10th. Shareholders of record on Wednesday, February 12th will be issued a $0.99 dividend. This represents a $3.96 annualized dividend and a yield of 3.61%. The ex-dividend date of this dividend is Wednesday, February 12th. Exxon Mobil’s payout ratio is currently 50.51%.

Insider Transactions at Exxon Mobil

In related 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 completion of the sale, 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 position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Corporate insiders own 0.03% of the company’s stock.

Exxon Mobil Company 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.