Exxon Mobil Co. (NYSE:XOM) Shares Bought by Benjamin F. Edwards & Company Inc.

Benjamin F. Edwards & Company Inc. raised its holdings in shares of Exxon Mobil Co. (NYSE:XOM) by 480.8% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 427,380 shares of the oil and gas company’s stock after acquiring an additional 353,796 shares during the quarter. Exxon Mobil makes up 0.9% of Benjamin F. Edwards & Company Inc.’s investment portfolio, making the stock its 18th biggest holding. Benjamin F. Edwards & Company Inc.’s holdings in Exxon Mobil were worth $42,729,000 as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. Smart Money Group LLC grew its position in shares of Exxon Mobil by 6.0% in the 4th quarter. Smart Money Group LLC now owns 4,565 shares of the oil and gas company’s stock valued at $456,000 after buying an additional 258 shares during the last quarter. Aveo Capital Partners LLC grew its holdings in shares of Exxon Mobil by 5.0% during the fourth quarter. Aveo Capital Partners LLC now owns 20,530 shares of the oil and gas company’s stock worth $2,053,000 after purchasing an additional 984 shares during the last quarter. Intelligence Driven Advisers LLC acquired a new stake in shares of Exxon Mobil during the fourth quarter worth about $242,000. Beacon Harbor Wealth Advisors Inc. lifted its holdings in shares of Exxon Mobil by 2.3% in the 4th quarter. Beacon Harbor Wealth Advisors Inc. now owns 55,749 shares of the oil and gas company’s stock valued at $5,574,000 after purchasing an additional 1,265 shares during the last quarter. Finally, Commonwealth Equity Services LLC boosted its position in shares of Exxon Mobil by 5.0% in the 4th quarter. Commonwealth Equity Services LLC now owns 2,505,021 shares of the oil and gas company’s stock valued at $250,452,000 after purchasing an additional 118,387 shares during the period. Hedge funds and other institutional investors own 61.80% of the company’s stock.

Insider Buying and Selling at Exxon Mobil

In other news, VP Darrin L. Talley sold 2,400 shares of the firm’s stock in a transaction on Thursday, February 22nd. The stock was sold at an average price of $105.00, for a total transaction of $252,000.00. Following the sale, the vice president now owns 30,189 shares in the company, valued at $3,169,845. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. In other news, VP Darrin L. Talley sold 2,400 shares of the stock in a transaction dated Thursday, February 22nd. The shares were sold at an average price of $105.00, for a total transaction of $252,000.00. Following the transaction, the vice president now directly owns 30,189 shares in the company, valued at approximately $3,169,845. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, VP Darrin L. Talley sold 2,426 shares of the business’s stock in a transaction that occurred on Monday, April 29th. The shares were sold at an average price of $119.01, for a total transaction of $288,718.26. Following the completion of the sale, the vice president now owns 25,363 shares of the company’s stock, valued at $3,018,450.63. The disclosure for this sale can be found here. 0.03% of the stock is currently owned by insiders.

Exxon Mobil Price Performance

Shares of NYSE XOM traded down $0.21 during trading on Friday, reaching $116.03. The company had a trading volume of 28,021,338 shares, compared to its average volume of 18,548,303. The company has a current ratio of 1.38, a quick ratio of 1.06 and a debt-to-equity ratio of 0.15. Exxon Mobil Co. has a twelve month low of $95.77 and a twelve month high of $123.75. The stock has a 50-day moving average price of $114.41 and a two-hundred day moving average price of $106.92. The stock has a market capitalization of $457.51 billion, a PE ratio of 14.22, a price-to-earnings-growth ratio of 4.03 and a beta of 0.96.

Exxon Mobil (NYSE:XOM) last released its earnings results on Friday, April 26th. The oil and gas company reported $2.06 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.19 by ($0.13). The firm had revenue of $83.08 billion during the quarter, compared to analysts’ expectations of $79.69 billion. Exxon Mobil had a net margin of 9.62% and a return on equity of 16.75%. Exxon Mobil’s revenue for the quarter was down 4.0% on a year-over-year basis. During the same quarter last year, the company posted $2.83 earnings per share. As a group, sell-side analysts predict that Exxon Mobil Co. will post 9.6 earnings per share for the current year.

Exxon Mobil Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, June 10th. Shareholders of record on Wednesday, May 15th will be paid a $0.95 dividend. The ex-dividend date is Tuesday, May 14th. This represents a $3.80 annualized dividend and a yield of 3.28%. Exxon Mobil’s payout ratio is currently 46.57%.

Analyst Ratings Changes

Several research firms have recently weighed in on XOM. Redburn Atlantic raised Exxon Mobil from a “neutral” rating to a “buy” rating and increased their price objective for the company from $116.00 to $119.00 in a report on Tuesday, January 9th. Truist Financial raised their price objective on shares of Exxon Mobil from $140.00 to $146.00 and gave the stock a “buy” rating in a research report on Friday, April 5th. Wells Fargo & Company upped their target price on shares of Exxon Mobil from $138.00 to $142.00 and gave the company an “overweight” rating in a report on Tuesday. UBS Group increased their target price on shares of Exxon Mobil from $133.00 to $150.00 and gave the stock a “buy” rating in a research note on Thursday, April 11th. Finally, HSBC upped their price objective on Exxon Mobil from $111.00 to $120.00 and gave the company a “hold” rating in a research note on Tuesday. Eight equities research analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $134.06.

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.