Burford Brothers Inc. Purchases 179 Shares of Exxon Mobil Co. (NYSE:XOM)

Burford Brothers Inc. increased its position in shares of Exxon Mobil Co. (NYSE:XOM) by 0.4% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 40,673 shares of the oil and gas company’s stock after buying an additional 179 shares during the quarter. Exxon Mobil makes up 2.1% of Burford Brothers Inc.’s portfolio, making the stock its 10th largest holding. Burford Brothers Inc.’s holdings in Exxon Mobil were worth $4,375,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Global Wealth Management Investment Advisory Inc. boosted its stake in shares of Exxon Mobil by 10.7% during the 3rd quarter. Global Wealth Management Investment Advisory Inc. now owns 47,195 shares of the oil and gas company’s stock worth $5,532,000 after acquiring an additional 4,578 shares in the last quarter. Helen Stephens Group LLC boosted its position in Exxon Mobil by 7.3% during the fourth quarter. Helen Stephens Group LLC now owns 41,637 shares of the oil and gas company’s stock worth $4,479,000 after purchasing an additional 2,825 shares in the last quarter. Brooklyn Investment Group grew its holdings in Exxon Mobil by 36.8% in the third quarter. Brooklyn Investment Group now owns 25,127 shares of the oil and gas company’s stock valued at $2,945,000 after purchasing an additional 6,753 shares during the period. Parthenon LLC increased its position in shares of Exxon Mobil by 2.4% in the third quarter. Parthenon LLC now owns 191,590 shares of the oil and gas company’s stock valued at $22,458,000 after buying an additional 4,445 shares in the last quarter. Finally, Hilltop Holdings Inc. raised its stake in shares of Exxon Mobil by 41.3% during the 3rd quarter. Hilltop Holdings Inc. now owns 76,288 shares of the oil and gas company’s stock worth $8,942,000 after buying an additional 22,296 shares during the period. Institutional investors and hedge funds own 61.80% of the company’s stock.

Exxon Mobil Price Performance

Shares of XOM stock opened at $109.81 on Thursday. The firm’s 50-day moving average is $109.94 and its two-hundred day moving average is $115.08. Exxon Mobil Co. has a 12 month low of $100.42 and a 12 month high of $126.34. 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 market capitalization of $482.63 billion, a PE ratio of 14.01, a price-to-earnings-growth ratio of 2.79 and a beta of 0.89.

Exxon Mobil (NYSE:XOM) last released its quarterly earnings data on Friday, January 31st. The oil and gas company reported $1.67 EPS for the quarter, missing analysts’ consensus estimates 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 period last year, the firm earned $2.48 earnings per share. Analysts predict that Exxon Mobil Co. will post 7.65 earnings per share for the current year.

Exxon Mobil Announces Dividend

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

Wall Street Analyst Weigh In

XOM has been the topic of a number of research analyst reports. The Goldman Sachs Group dropped their price target on shares of Exxon Mobil from $125.00 to $123.00 and set a “neutral” rating on the stock in a research note on Friday, January 31st. Truist Financial boosted their target price on shares of Exxon Mobil from $117.00 to $119.00 and gave the stock a “hold” rating in a research note on Monday, January 13th. Bernstein Bank raised their price target on shares of Exxon Mobil from $138.00 to $144.00 and gave the company an “overweight” rating in a research note on Friday, January 31st. Scotiabank lowered their price objective on Exxon Mobil from $145.00 to $140.00 in a report on Friday, January 31st. Finally, Wolfe Research increased their target price on Exxon Mobil from $137.00 to $138.00 in a report on Thursday, October 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 one has given a strong buy rating to the company. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $129.25.

Insider Buying and Selling

In other Exxon Mobil news, VP Darrin L. Talley sold 2,100 shares of Exxon Mobil stock in a transaction dated Tuesday, February 4th. The shares were sold at an average price of $110.00, for a total transaction of $231,000.00. Following the completion of the sale, the vice president now directly owns 18,087 shares in the company, valued at $1,989,570. This trade represents a 10.40 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 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.