Roth Financial Partners LLC Increases Stock Holdings in Exxon Mobil Co. (NYSE:XOM)

Roth Financial Partners LLC boosted its stake in Exxon Mobil Co. (NYSE:XOM) by 7.3% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 5,084 shares of the oil and gas company’s stock after purchasing an additional 344 shares during the quarter. Exxon Mobil comprises approximately 0.3% of Roth Financial Partners LLC’s portfolio, making the stock its 17th biggest holding. Roth Financial Partners LLC’s holdings in Exxon Mobil were worth $508,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also bought and sold shares of the company. KB Financial Partners LLC bought a new position in Exxon Mobil during the first quarter valued at approximately $27,000. IMA Wealth Inc. grew its position in Exxon Mobil by 720.0% during the second quarter. IMA Wealth Inc. now owns 369 shares of the oil and gas company’s stock valued at $40,000 after acquiring an additional 324 shares during the last quarter. FWL Investment Management LLC bought a new position in Exxon Mobil during the fourth quarter valued at approximately $43,000. Turim 21 Investimentos Ltda. grew its holdings in shares of Exxon Mobil by 222.5% in the first quarter. Turim 21 Investimentos Ltda. now owns 574 shares of the oil and gas company’s stock worth $47,000 after purchasing an additional 396 shares during the last quarter. Finally, Studio Investment Management LLC bought a new position in shares of Exxon Mobil in the fourth quarter worth approximately $49,000. 61.80% of the stock is owned by hedge funds and other institutional investors.

Exxon Mobil Stock Performance

Shares of Exxon Mobil stock opened at $119.88 on Friday. The company has a current ratio of 1.48, a quick ratio of 1.09 and a debt-to-equity ratio of 0.18. The firm has a market capitalization of $474.52 billion, a P/E ratio of 13.48, a P/E/G ratio of 4.12 and a beta of 0.96. The business has a fifty day simple moving average of $111.55 and a two-hundred day simple moving average of $106.27. Exxon Mobil Co. has a 12 month low of $95.77 and a 12 month high of $123.75.

Exxon Mobil (NYSE:XOM) last announced its quarterly earnings data on Friday, February 2nd. The oil and gas company reported $2.48 EPS for the quarter, beating the consensus estimate of $2.20 by $0.28. The business had revenue of $84.34 billion during the quarter, compared to analyst estimates of $90.03 billion. Exxon Mobil had a return on equity of 18.51% and a net margin of 10.45%. The company’s revenue for the quarter was down 11.6% on a year-over-year basis. During the same quarter last year, the firm posted $3.40 earnings per share. On average, equities analysts forecast that Exxon Mobil Co. will post 9.7 earnings per share for the current fiscal year.

Exxon Mobil Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, March 11th. Shareholders of record on Wednesday, February 14th were given a dividend of $0.95 per share. This represents a $3.80 annualized dividend and a yield of 3.17%. The ex-dividend date was Tuesday, February 13th. Exxon Mobil’s dividend payout ratio is currently 42.74%.

Wall Street Analyst Weigh In

Several brokerages have recently issued reports on XOM. Barclays began coverage on shares of Exxon Mobil in a report on Wednesday, April 10th. They issued an “overweight” rating and a $147.00 target price on the stock. UBS Group raised their target price on shares of Exxon Mobil from $133.00 to $150.00 and gave the stock a “buy” rating in a report on Thursday, April 11th. Mizuho restated a “neutral” rating and issued a $125.00 target price on shares of Exxon Mobil in a report on Thursday, April 4th. TD Cowen raised their target price on shares of Exxon Mobil from $115.00 to $120.00 and gave the stock a “buy” rating in a report on Monday, April 1st. Finally, Piper Sandler raised their target price on shares of Exxon Mobil from $130.00 to $145.00 and gave the stock an “overweight” rating in a report on Thursday. Eight analysts have rated the stock with a hold rating and eleven have issued a buy rating to the stock. Based on data from MarketBeat, Exxon Mobil currently has a consensus rating of “Moderate Buy” and a consensus target price of $132.28.

Insider Buying and Selling at Exxon Mobil

In other news, VP Darrin L. Talley sold 2,400 shares of Exxon Mobil stock in a transaction dated Thursday, February 22nd. The stock was sold at an average price of $105.00, for a total value of $252,000.00. Following the completion of the transaction, the vice president now owns 30,189 shares of the company’s stock, valued at approximately $3,169,845. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Insiders own 0.06% of the company’s stock.

Exxon Mobil Company 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.