Savant Capital LLC Has $18.01 Million Holdings in Exxon Mobil Co. (NYSE:XOM)

Savant Capital LLC raised its holdings in Exxon Mobil Co. (NYSE:XOM) by 1.3% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 180,161 shares of the oil and gas company’s stock after acquiring an additional 2,267 shares during the quarter. Savant Capital LLC’s holdings in Exxon Mobil were worth $18,012,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in the business. Keener Financial Planning LLC bought a new stake in shares of Exxon Mobil during the fourth quarter valued at approximately $80,000. Orion Capital Management LLC bought a new stake in shares of Exxon Mobil during the third quarter valued at approximately $91,000. Authentikos Wealth Advisory LLC bought a new stake in shares of Exxon Mobil during the third quarter valued at approximately $92,000. TFO Wealth Partners LLC increased its holdings in shares of Exxon Mobil by 118.5% during the third quarter. TFO Wealth Partners LLC now owns 968 shares of the oil and gas company’s stock valued at $104,000 after acquiring an additional 525 shares in the last quarter. Finally, Sumitomo Mitsui Financial Group Inc. increased its holdings in shares of Exxon Mobil by 851.6% during the third quarter. Sumitomo Mitsui Financial Group Inc. now owns 885 shares of the oil and gas company’s stock valued at $106,000 after acquiring an additional 792 shares in the last quarter. 61.80% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several equities research analysts have recently commented on XOM shares. HSBC boosted their price objective on Exxon Mobil from $111.00 to $120.00 and gave the company a “hold” rating in a report on Tuesday. Truist Financial upped their price target on Exxon Mobil from $140.00 to $146.00 and gave the stock a “buy” rating in a report on Friday, April 5th. UBS Group upped their price target on Exxon Mobil from $133.00 to $150.00 and gave the stock a “buy” rating in a report on Thursday, April 11th. Barclays initiated coverage on Exxon Mobil in a report on Wednesday, April 10th. They set an “overweight” rating and a $147.00 price target for the company. Finally, TD Cowen upped their price target on Exxon Mobil from $128.00 to $135.00 and gave the stock a “buy” rating in a report on Tuesday. Nine analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company’s stock. According to data from MarketBeat, Exxon Mobil has a consensus rating of “Moderate Buy” and an average price target of $133.56.

Exxon Mobil Stock Up 0.1 %

Shares of NYSE XOM opened at $118.38 on Wednesday. Exxon Mobil Co. has a one year low of $95.77 and a one year 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. The business’s fifty day moving average price is $113.96 and its 200-day moving average price is $106.79. The stock has a market capitalization of $468.58 billion, a PE ratio of 14.49, a P/E/G ratio of 4.14 and a beta of 0.96.

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

Exxon Mobil Announces Dividend

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

Insider Activity

In related news, VP Darrin L. Talley sold 2,400 shares of the stock in a transaction dated Thursday, February 22nd. The stock was 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 of the company’s stock, valued at approximately $3,169,845. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. In related news, VP Darrin L. Talley sold 2,400 shares of the stock in a transaction dated Thursday, February 22nd. The stock was 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 of the company’s stock, valued at approximately $3,169,845. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, VP Darrin L. Talley sold 2,426 shares of the 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 sale, the vice president now directly owns 25,363 shares in the company, valued at approximately $3,018,450.63. 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.