CreativeOne Wealth LLC Purchases 15,393 Shares of Exxon Mobil Co. (NYSE:XOM)

CreativeOne Wealth LLC increased its position in Exxon Mobil Co. (NYSE:XOM) by 38.6% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 55,311 shares of the oil and gas company’s stock after buying an additional 15,393 shares during the period. CreativeOne Wealth LLC’s holdings in Exxon Mobil were worth $5,950,000 at the end of the most recent quarter.

A number of other institutional investors have also bought and sold shares of the business. Fairway Wealth LLC purchased a new stake in shares of Exxon Mobil during the fourth quarter worth about $31,000. Keystone Financial Group Inc. purchased a new stake in Exxon Mobil during the 4th quarter valued at approximately $36,000. Retirement Wealth Solutions LLC bought a new stake in shares of Exxon Mobil during the fourth quarter valued at approximately $46,000. Compass Planning Associates Inc purchased a new position in shares of Exxon Mobil in the fourth quarter worth $47,000. Finally, Synergy Investment Management LLC bought a new position in shares of Exxon Mobil during the fourth quarter worth $47,000. Hedge funds and other institutional investors own 61.80% of the company’s stock.

Exxon Mobil Stock Performance

Shares of Exxon Mobil stock opened at $103.05 on Monday. The company has a quick ratio of 0.97, a current ratio of 1.31 and a debt-to-equity ratio of 0.14. The stock’s fifty day moving average is $110.33 and its two-hundred day moving average is $113.19. Exxon Mobil Co. has a 52 week low of $97.80 and a 52 week high of $126.34. The company has a market capitalization of $445.70 billion, a PE ratio of 13.14, a price-to-earnings-growth ratio of 3.02 and a beta of 0.61.

Exxon Mobil (NYSE:XOM) last posted its quarterly earnings results 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 return on equity of 12.92% and a net margin of 9.63%. During the same quarter in the prior year, the firm earned $2.48 earnings per share. As a group, analysts expect that Exxon Mobil Co. will post 7.43 earnings per share for the current year.

Exxon Mobil Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, March 10th. Stockholders of record on Wednesday, February 12th were paid a dividend of $0.99 per share. This represents a $3.96 annualized dividend and a dividend yield of 3.84%. The ex-dividend date of this dividend was Wednesday, February 12th. Exxon Mobil’s dividend payout ratio is presently 50.51%.

Analysts Set New Price Targets

Several analysts have commented on XOM shares. JPMorgan Chase & Co. decreased their price target on shares of Exxon Mobil from $130.00 to $125.00 and set an “overweight” rating on the stock in a research note on Monday, December 16th. BMO Capital Markets dropped their price target on Exxon Mobil from $130.00 to $123.00 and set a “market perform” rating for the company in a research note on Friday, January 31st. Scotiabank reduced their price objective on Exxon Mobil from $140.00 to $115.00 and set a “sector outperform” rating on the stock in a research note on Friday. Morgan Stanley lowered their target price on Exxon Mobil from $141.00 to $138.00 and set an “overweight” rating for the company in a research report on Thursday, March 27th. Finally, Barclays reduced their price target on shares of Exxon Mobil from $137.00 to $135.00 and set an “overweight” rating on the stock in a research report on Tuesday, March 18th. One investment analyst has rated the stock with a sell rating, eight have assigned a hold rating, eleven have given a buy rating and two have given a strong buy rating to the company’s stock. According to data from MarketBeat.com, Exxon Mobil presently has an average rating of “Moderate Buy” and an average price target of $126.95.

Insider Activity at Exxon Mobil

In other Exxon Mobil news, VP Darrin L. Talley sold 2,100 shares of Exxon Mobil stock in a transaction 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 completion of the sale, the vice president now directly owns 18,087 shares of the company’s stock, valued at $1,989,570. The trade was a 10.40 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. 0.03% of the stock is owned by company insiders.

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.