Roberts Wealth Advisors LLC Acquires 1,374 Shares of Exxon Mobil Co. (NYSE:XOM)

Roberts Wealth Advisors LLC grew its holdings in Exxon Mobil Co. (NYSE:XOM – Get Rating) by 9.4% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 16,041 shares of the oil and gas company’s stock after purchasing an additional 1,374 shares during the period. Roberts Wealth Advisors LLC’s holdings in Exxon Mobil were worth $1,709,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also modified their holdings of the business. Karp Capital Management Corp bought a new stake in shares of Exxon Mobil in the third quarter worth $28,000. Clear Perspectives Financial Planning LLC grew its holdings in shares of Exxon Mobil by 259.0% in the third quarter. Clear Perspectives Financial Planning LLC now owns 377 shares of the oil and gas company’s stock worth $33,000 after acquiring an additional 272 shares during the period. Align Wealth Management LLC bought a new stake in shares of Exxon Mobil in the fourth quarter worth $38,000. Mine & Arao Wealth Creation & Management LLC. grew its holdings in shares of Exxon Mobil by 61.7% in the third quarter. Mine & Arao Wealth Creation & Management LLC. now owns 443 shares of the oil and gas company’s stock worth $39,000 after acquiring an additional 169 shares during the period. Finally, Horizons Wealth Management bought a new stake in shares of Exxon Mobil in the second quarter worth $41,000. Institutional investors own 57.49% of the company’s stock.

Exxon Mobil Price Performance

NYSE:XOM opened at $99.84 on Friday. The company has a current ratio of 1.41, a quick ratio of 1.06 and a debt-to-equity ratio of 0.20. The company has a market capitalization of $406.45 billion, a P/E ratio of 7.53, a P/E/G ratio of 0.43 and a beta of 1.09. Exxon Mobil Co. has a 12 month low of $78.10 and a 12 month high of $119.63. The business’s 50-day moving average is $111.74 and its 200 day moving average is $106.50.

Exxon Mobil (NYSE:XOM – Get Rating) last posted its earnings results on Tuesday, January 31st. The oil and gas company reported $3.40 EPS for the quarter, topping analysts’ consensus estimates of $3.32 by $0.08. The company had revenue of $95.43 billion for the quarter, compared to the consensus estimate of $90.21 billion. Exxon Mobil had a return on equity of 31.25% and a net margin of 13.47%. The firm’s revenue for the quarter was up 12.3% on a year-over-year basis. During the same period in the previous year, the business earned $2.05 earnings per share. On average, equities research analysts forecast that Exxon Mobil Co. will post 10.08 earnings per share for the current fiscal year.

Exxon Mobil Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, March 10th. Investors of record on Tuesday, February 14th were given a $0.91 dividend. The ex-dividend date of this dividend was Monday, February 13th. This represents a $3.64 dividend on an annualized basis and a dividend yield of 3.65%. Exxon Mobil’s dividend payout ratio is currently 27.45%.

Insider Buying and Selling

In related news, VP Darrin L. Talley sold 2,500 shares of the business’s stock in a transaction dated Wednesday, February 1st. The stock was sold at an average price of $115.50, for a total value of $288,750.00. Following the sale, the vice president now directly owns 31,772 shares in the company, valued at $3,669,666. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 0.04% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

XOM has been the subject of several research analyst reports. Citigroup lifted their price objective on Exxon Mobil from $98.00 to $110.00 in a report on Tuesday, November 22nd. Argus boosted their price target on Exxon Mobil from $128.00 to $133.00 and gave the company a “buy” rating in a report on Thursday, February 2nd. Piper Sandler cut their price target on Exxon Mobil from $131.00 to $127.00 and set an “overweight” rating for the company in a report on Monday, December 19th. Barclays boosted their price target on Exxon Mobil from $111.00 to $129.00 and gave the company an “overweight” rating in a report on Tuesday, January 3rd. Finally, Redburn Partners lowered Exxon Mobil from a “neutral” rating to a “sell” rating in a report on Wednesday, January 18th. One equities research analyst has rated the stock with a sell rating, seven have assigned a hold rating and fifteen have assigned a buy rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $121.64.

Exxon Mobil Profile

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Exxon Mobil Corp. engages in the exploration, development, and distribution of oil, gas, and petroleum products. It operates through the following segments: Upstream, Downstream and Chemical. The Upstream segment produces crude oil and natural gas. The Downstream segment manufactures and trades petroleum products.