Nicholson Wealth Management Group LLC Has $826,000 Position in Exxon Mobil Co. (NYSE:XOM)

Nicholson Wealth Management Group LLC increased its position in shares of Exxon Mobil Co. (NYSE:XOM) by 2.6% in the 4th quarter, HoldingsChannel.com reports. The firm owned 7,678 shares of the oil and gas company’s stock after purchasing an additional 195 shares during the quarter. Nicholson Wealth Management Group LLC’s holdings in Exxon Mobil were worth $826,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also added to or reduced their stakes in XOM. Mainstay Capital Management LLC ADV lifted its holdings in Exxon Mobil by 3.7% during the 3rd quarter. Mainstay Capital Management LLC ADV now owns 27,388 shares of the oil and gas company’s stock worth $3,210,000 after purchasing an additional 980 shares during the last quarter. Cross Staff Investments Inc increased its stake in Exxon Mobil by 1.0% during the 3rd quarter. Cross Staff Investments Inc now owns 10,366 shares of the oil and gas company’s stock worth $1,215,000 after acquiring an additional 100 shares during the period. Merkkuri Wealth Advisors LLC increased its stake in Exxon Mobil by 2.5% during the 3rd quarter. Merkkuri Wealth Advisors LLC now owns 4,891 shares of the oil and gas company’s stock worth $573,000 after acquiring an additional 117 shares during the period. Element Wealth LLC increased its stake in Exxon Mobil by 141.9% during the 3rd quarter. Element Wealth LLC now owns 7,977 shares of the oil and gas company’s stock worth $935,000 after acquiring an additional 4,680 shares during the period. Finally, Moody Lynn & Lieberson LLC increased its stake in Exxon Mobil by 332.2% during the 3rd quarter. Moody Lynn & Lieberson LLC now owns 119,869 shares of the oil and gas company’s stock worth $14,051,000 after acquiring an additional 92,135 shares during the period. 61.80% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Exxon Mobil

In other Exxon Mobil news, VP Darrin L. Talley sold 2,100 shares of the company’s stock in a transaction dated Tuesday, February 4th. The stock was sold at an average price of $110.00, for a total value of $231,000.00. Following the sale, the vice president now owns 18,087 shares in the company, valued at approximately $1,989,570. The trade was a 10.40 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Corporate insiders own 0.03% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts have commented on the company. UBS Group lowered their price objective on Exxon Mobil from $149.00 to $147.00 and set a “buy” rating on the stock in a research note on Thursday, December 12th. Bernstein Bank raised their price objective on Exxon Mobil from $138.00 to $144.00 and gave the stock an “overweight” rating in a research note on Friday, January 31st. HSBC lowered their price objective on Exxon Mobil from $125.00 to $123.00 and set a “hold” rating on the stock in a research note on Friday, January 31st. Wells Fargo & Company decreased their price target on Exxon Mobil from $136.00 to $135.00 and set an “overweight” rating on the stock in a research note on Monday, February 3rd. Finally, Scotiabank decreased their price target on Exxon Mobil from $145.00 to $140.00 in a research note on Friday, January 31st. One equities research analyst has rated the stock with a sell rating, eight have issued a hold rating, eleven have given a buy rating and two have given a strong buy rating to the company. According to data from MarketBeat.com, Exxon Mobil has a consensus rating of “Moderate Buy” and an average target price of $129.25.

Exxon Mobil Trading Down 1.2 %

Shares of XOM stock opened at $110.67 on Monday. The firm has a market capitalization of $480.20 billion, a P/E ratio of 14.12, a P/E/G ratio of 3.02 and a beta of 0.89. Exxon Mobil Co. has a twelve month low of $102.88 and a twelve month high of $126.34. 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 simple moving average is $108.60 and its 200 day simple moving average is $114.48.

Exxon Mobil (NYSE:XOM) last released 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 net margin of 9.63% and a return on equity of 12.92%. During the same period in the prior year, the business posted $2.48 earnings per share. As a group, sell-side analysts predict that Exxon Mobil Co. will post 7.43 EPS for the current fiscal year.

Exxon Mobil Announces Dividend

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

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.