Exxon Mobil Co. (NYSE:XOM) Shares Bought by Sprott Inc.

Sprott Inc. lifted its position in shares of Exxon Mobil Co. (NYSE:XOM) by 4.7% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 253,948 shares of the oil and gas company’s stock after purchasing an additional 11,369 shares during the quarter. Exxon Mobil accounts for approximately 1.6% of Sprott Inc.’s portfolio, making the stock its 18th largest holding. Sprott Inc.’s holdings in Exxon Mobil were worth $27,317,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in the company. Vertex Planning Partners LLC raised its stake in Exxon Mobil by 3.1% during the third quarter. Vertex Planning Partners LLC now owns 2,778 shares of the oil and gas company’s stock worth $326,000 after purchasing an additional 83 shares during the period. First Heartland Consultants Inc. increased its holdings in shares of Exxon Mobil by 0.9% during the 3rd quarter. First Heartland Consultants Inc. now owns 9,451 shares of the oil and gas company’s stock worth $1,108,000 after buying an additional 87 shares during the last quarter. Latitude Advisors LLC raised its position in shares of Exxon Mobil by 0.7% during the 3rd quarter. Latitude Advisors LLC now owns 13,378 shares of the oil and gas company’s stock valued at $1,568,000 after buying an additional 88 shares during the period. Longfellow Investment Management Co. LLC lifted its holdings in Exxon Mobil by 0.6% in the third quarter. Longfellow Investment Management Co. LLC now owns 14,537 shares of the oil and gas company’s stock valued at $1,704,000 after acquiring an additional 88 shares during the last quarter. Finally, West Oak Capital LLC grew its position in Exxon Mobil by 0.6% in the fourth quarter. West Oak Capital LLC now owns 16,207 shares of the oil and gas company’s stock worth $1,743,000 after acquiring an additional 92 shares during the period. 61.80% of the stock is owned by hedge funds and other institutional investors.

Exxon Mobil Trading Up 0.6 %

NYSE:XOM opened at $110.06 on Friday. The stock has a fifty day moving average price of $108.84 and a 200 day moving average price of $114.31. The company has a current ratio of 1.31, a quick ratio of 0.97 and a debt-to-equity ratio of 0.14. Exxon Mobil Co. has a 12-month low of $104.00 and a 12-month high of $126.34. The firm has a market cap of $477.58 billion, a PE ratio of 14.04, a price-to-earnings-growth ratio of 3.02 and a beta of 0.89.

Exxon Mobil (NYSE:XOM) last announced its quarterly earnings data on Friday, January 31st. The oil and gas company reported $1.67 earnings per share (EPS) for the quarter, missing the consensus estimate 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 in the previous year, the firm posted $2.48 earnings per share. Sell-side analysts anticipate that Exxon Mobil Co. will post 7.43 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, March 10th. Stockholders 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 annualized dividend and a dividend yield of 3.60%. Exxon Mobil’s dividend payout ratio (DPR) is currently 50.51%.

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 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 filing with the Securities & Exchange Commission, which is available at this link. Insiders own 0.03% of the company’s stock.

Analysts Set New Price Targets

A number of research firms have commented on XOM. Wolfe Research lifted their target price on Exxon Mobil from $137.00 to $138.00 in a research report on Thursday, October 31st. Truist Financial boosted their price objective on shares of Exxon Mobil from $117.00 to $119.00 and gave the company a “hold” rating in a report on Monday, January 13th. BMO Capital Markets lowered their target price on shares of 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 target on shares of Exxon Mobil from $145.00 to $140.00 in a research note on Friday, January 31st. Finally, Piper Sandler lowered their price objective on shares of Exxon Mobil from $138.00 to $127.00 and set an “overweight” rating for the company in a research report on Thursday, December 19th. One research analyst has rated the stock with a sell rating, eight have given a hold rating, eleven have issued a buy rating and two have issued a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $129.25.

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.