Exxon Mobil Co. (NYSE:XOM) Shares Acquired by Valley Brook Capital Group Inc.

Valley Brook Capital Group Inc. boosted its position in Exxon Mobil Co. (NYSE:XOM) by 2.8% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 14,665 shares of the oil and gas company’s stock after acquiring an additional 401 shares during the quarter. Exxon Mobil accounts for 1.2% of Valley Brook Capital Group Inc.’s investment portfolio, making the stock its 24th biggest position. Valley Brook Capital Group Inc.’s holdings in Exxon Mobil were worth $1,466,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. Keener Financial Planning LLC purchased a new stake in shares of Exxon Mobil during the 4th quarter worth about $80,000. Orion Capital Management LLC acquired a new position in Exxon Mobil during the third quarter valued at approximately $91,000. Authentikos Wealth Advisory LLC purchased a new stake in Exxon Mobil during the third quarter worth approximately $92,000. TFO Wealth Partners LLC increased its position in shares of Exxon Mobil by 118.5% in the third quarter. TFO Wealth Partners LLC now owns 968 shares of the oil and gas company’s stock worth $104,000 after acquiring an additional 525 shares in the last quarter. Finally, Sumitomo Mitsui Financial Group Inc. raised its stake in shares of Exxon Mobil by 851.6% in the 3rd quarter. Sumitomo Mitsui Financial Group Inc. now owns 885 shares of the oil and gas company’s stock valued at $106,000 after acquiring an additional 792 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 2,426 shares of the business’s stock in a transaction that occurred on Monday, April 29th. The stock was sold at an average price of $119.01, for a total transaction of $288,718.26. Following the completion of the transaction, the vice president now directly owns 25,363 shares in the company, valued at $3,018,450.63. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. In related news, VP Darrin L. Talley sold 2,426 shares of the company’s stock in a transaction dated Monday, April 29th. The shares were sold at an average price of $119.01, for a total value 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 transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, VP Darrin L. Talley sold 2,400 shares of the firm’s 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 disclosure for this sale can be found here. 0.03% of the stock is owned by company insiders.

Analysts Set New Price Targets

A number of research analysts have commented on the company. Piper Sandler boosted their price objective on Exxon Mobil from $130.00 to $145.00 and gave the stock an “overweight” rating in a research note on Thursday, April 18th. Royal Bank of Canada restated a “sector perform” rating and issued a $120.00 price target on shares of Exxon Mobil in a report on Monday, February 5th. Redburn Atlantic upgraded shares of Exxon Mobil from a “neutral” rating to a “buy” rating and lifted their price objective for the company from $116.00 to $119.00 in a research note on Tuesday, January 9th. Mizuho restated a “neutral” rating and issued a $125.00 target price on shares of Exxon Mobil in a research note on Thursday, April 4th. Finally, TD Cowen lifted their price target on shares of Exxon Mobil from $128.00 to $135.00 and gave the stock a “buy” rating in a research note on Tuesday, April 30th. Eight analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $134.06.

Exxon Mobil Stock Performance

XOM stock traded down $0.24 during midday trading on Friday, reaching $116.00. The company had a trading volume of 28,023,313 shares, compared to its average volume of 18,518,412. The firm has a market capitalization of $457.39 billion, a PE ratio of 14.22, a P/E/G ratio of 4.03 and a beta of 0.96. The stock has a 50 day moving average price of $114.65 and a 200 day moving average price of $106.89. Exxon Mobil Co. has a fifty-two week low of $95.77 and a fifty-two week high of $123.75. The company has a quick ratio of 1.06, a current ratio of 1.38 and a debt-to-equity ratio of 0.15.

Exxon Mobil (NYSE:XOM) last issued its earnings results on Friday, April 26th. The oil and gas company reported $2.06 earnings per share for the quarter, missing the consensus estimate of $2.19 by ($0.13). Exxon Mobil had a return on equity of 16.75% and a net margin of 9.62%. The company had revenue of $83.08 billion during the quarter, compared to analyst estimates of $79.69 billion. During the same period in the prior year, the business earned $2.83 earnings per share. Exxon Mobil’s quarterly revenue was down 4.0% on a year-over-year basis. Analysts anticipate that Exxon Mobil Co. will post 9.61 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 given a $0.95 dividend. This represents a $3.80 annualized dividend and a yield of 3.28%. The ex-dividend date of this dividend is Tuesday, May 14th. Exxon Mobil’s dividend payout ratio (DPR) is 46.57%.

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.