Freedom Day Solutions LLC Purchases 7,064 Shares of Exxon Mobil Co. (NYSE:XOM)

Freedom Day Solutions LLC raised its position in Exxon Mobil Co. (NYSE:XOM) by 34.7% during the 4th quarter, according to its most recent filing with the SEC. The institutional investor owned 27,398 shares of the oil and gas company’s stock after acquiring an additional 7,064 shares during the period. Exxon Mobil comprises 0.9% of Freedom Day Solutions LLC’s portfolio, making the stock its 29th biggest position. Freedom Day Solutions LLC’s holdings in Exxon Mobil were worth $2,947,000 at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. Keystone Financial Group Inc. acquired a new position in Exxon Mobil during the fourth quarter worth $36,000. Retirement Wealth Solutions LLC acquired a new stake in Exxon Mobil in the 4th quarter valued at $46,000. Compass Financial Services Inc bought a new stake in Exxon Mobil during the 4th quarter worth about $48,000. Peterson Financial Group Inc. acquired a new position in shares of Exxon Mobil during the 3rd quarter worth about $51,000. Finally, Highline Wealth Partners LLC bought a new position in shares of Exxon Mobil in the 3rd quarter valued at about $54,000. Institutional investors and hedge funds own 61.80% of the company’s stock.

Analyst Ratings Changes

Several analysts recently issued reports on XOM shares. Piper Sandler dropped their target price on Exxon Mobil from $138.00 to $127.00 and set an “overweight” rating on the stock in a report on Thursday, December 19th. Wolfe Research upped their price objective on Exxon Mobil from $137.00 to $138.00 in a research note on Thursday, October 31st. Argus raised shares of Exxon Mobil to a “strong-buy” rating in a research note on Tuesday, February 4th. Royal Bank of Canada reaffirmed a “sector perform” rating and set a $115.00 price target on shares of Exxon Mobil in a research report on Monday, February 3rd. Finally, UBS Group cut their price target on shares of Exxon Mobil from $149.00 to $147.00 and set a “buy” rating for the company in a research note on Thursday, December 12th. One research analyst has rated the stock with a sell rating, eight have assigned a hold rating, eleven have issued a buy rating and two have given a strong buy rating to the company. Based on data from MarketBeat.com, Exxon Mobil has an average rating of “Moderate Buy” and a consensus price target of $129.25.

Exxon Mobil Stock Performance

XOM opened at $110.67 on Friday. 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 business has a fifty day simple moving average of $108.60 and a 200 day simple moving average of $114.49. Exxon Mobil Co. has a 1 year low of $102.88 and a 1 year high of $126.34. The company has a market capitalization of $480.20 billion, a PE ratio of 14.12, a price-to-earnings-growth ratio of 3.02 and a beta of 0.89.

Exxon Mobil (NYSE:XOM) last announced its earnings results on Friday, January 31st. The oil and gas company reported $1.67 earnings per share (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 quarter in the prior year, the firm posted $2.48 earnings per share. Research analysts expect that Exxon Mobil Co. will post 7.43 EPS for the current year.

Exxon Mobil Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, March 10th. Shareholders of record on Wednesday, February 12th will be given a dividend of $0.99 per share. The ex-dividend date is Wednesday, February 12th. This represents a $3.96 dividend on an annualized basis and a dividend yield of 3.58%. Exxon Mobil’s payout ratio is presently 50.51%.

Insider Transactions at Exxon Mobil

In related news, VP Darrin L. Talley sold 2,100 shares of the stock in a transaction that occurred on Tuesday, February 4th. The stock was sold at an average price of $110.00, for a total transaction of $231,000.00. Following the sale, the vice president now owns 18,087 shares of the company’s stock, valued at $1,989,570. This represents a 10.40 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Insiders own 0.03% of the company’s stock.

About Exxon Mobil

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.