AJOVista LLC Acquires Shares of 3,117 Exxon Mobil Co. (NYSE:XOM)

AJOVista LLC purchased a new position in Exxon Mobil Co. (NYSE:XOM) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm purchased 3,117 shares of the oil and gas company’s stock, valued at approximately $312,000.

Other large investors also recently bought and sold shares of the company. Orion Capital Management LLC bought a new stake in shares of Exxon Mobil during the 3rd quarter valued at about $91,000. Authentikos Wealth Advisory LLC bought a new stake in Exxon Mobil during the third quarter valued at approximately $92,000. Keener Financial Planning LLC purchased a new stake in Exxon Mobil in the fourth quarter worth about $80,000. Sumitomo Mitsui Financial Group Inc. raised its stake in shares of Exxon Mobil by 851.6% in the third quarter. Sumitomo Mitsui Financial Group Inc. now owns 885 shares of the oil and gas company’s stock worth $106,000 after buying an additional 792 shares during the period. Finally, TFO Wealth Partners LLC lifted its position in shares of Exxon Mobil by 118.5% during the 3rd quarter. TFO Wealth Partners LLC now owns 968 shares of the oil and gas company’s stock valued at $104,000 after buying an additional 525 shares in the last quarter. 61.80% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other news, VP Darrin L. Talley sold 2,400 shares of the business’s stock in a transaction on Thursday, February 22nd. The shares were sold at an average price of $105.00, for a total transaction of $252,000.00. Following the completion of the sale, the vice president now directly owns 30,189 shares of the company’s stock, valued at $3,169,845. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In related news, VP Darrin L. Talley sold 2,400 shares of the stock in a transaction that occurred on Thursday, February 22nd. The stock was sold at an average price of $105.00, for a total value of $252,000.00. Following the transaction, the vice president now owns 30,189 shares of the company’s stock, valued at $3,169,845. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, VP Darrin L. Talley sold 2,426 shares of the stock in a transaction on 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 approximately $3,018,450.63. The disclosure for this sale can be found here. 0.03% of the stock is owned by insiders.

Exxon Mobil Trading Down 0.2 %

XOM stock traded down $0.24 during midday trading on Friday, reaching $116.00. 28,023,313 shares of the company traded hands, compared to its average volume of 18,518,412. The firm has a market capitalization of $457.39 billion, a price-to-earnings ratio of 14.22, a P/E/G ratio of 4.03 and a beta of 0.96. The company has a debt-to-equity ratio of 0.15, a quick ratio of 1.06 and a current ratio of 1.38. The business has a 50 day moving average of $114.65 and a 200-day moving average of $106.96. Exxon Mobil Co. has a 52-week low of $95.77 and a 52-week high of $123.75.

Exxon Mobil (NYSE:XOM) last issued its quarterly earnings results on Friday, April 26th. The oil and gas company reported $2.06 earnings per share (EPS) 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 the consensus estimate of $79.69 billion. During the same quarter in the prior year, the business earned $2.83 earnings per share. The firm’s quarterly revenue was down 4.0% compared to the same quarter last year. As a group, sell-side analysts expect that Exxon Mobil Co. will post 9.61 earnings per share for the current fiscal year.

Exxon Mobil Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, June 10th. Investors of record on Wednesday, May 15th will be given a $0.95 dividend. This represents a $3.80 dividend on an annualized basis and a yield of 3.28%. The ex-dividend date of this dividend is Tuesday, May 14th. Exxon Mobil’s dividend payout ratio (DPR) is currently 46.57%.

Analyst Ratings Changes

Several equities analysts have weighed in on XOM shares. UBS Group lifted their price target on shares of Exxon Mobil from $133.00 to $150.00 and gave the company a “buy” rating in a report on Thursday, April 11th. Mizuho reaffirmed a “neutral” rating and issued a $125.00 target price on shares of Exxon Mobil in a report on Thursday, April 4th. Redburn Atlantic raised Exxon Mobil from a “neutral” rating to a “buy” rating and raised their price target for the company from $116.00 to $119.00 in a report on Tuesday, January 9th. Royal Bank of Canada reaffirmed a “sector perform” rating and issued a $120.00 price objective on shares of Exxon Mobil in a research note on Monday, February 5th. Finally, Barclays began coverage on Exxon Mobil in a research note on Wednesday, April 10th. They set an “overweight” rating and a $147.00 target price on the stock. Eight research analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company. Based on data from MarketBeat, Exxon Mobil presently has an average rating of “Moderate Buy” and a consensus price target of $134.06.

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.