Intergy Private Wealth LLC Invests $236,000 in Exxon Mobil Co. (NYSE:XOM)

Intergy Private Wealth LLC bought a new position in Exxon Mobil Co. (NYSE:XOM) in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The fund bought 2,028 shares of the oil and gas company’s stock, valued at approximately $236,000.

Other institutional investors have also added to or reduced their stakes in the company. First Pacific Financial purchased a new stake in Exxon Mobil during the first quarter valued at about $34,000. Partnership Wealth Management LLC purchased a new position in Exxon Mobil in the 4th quarter worth approximately $46,000. Vima LLC bought a new stake in Exxon Mobil in the fourth quarter valued at approximately $50,000. Redmont Wealth Advisors LLC purchased a new stake in shares of Exxon Mobil during the first quarter valued at approximately $88,000. Finally, Orion Capital Management LLC bought a new position in shares of Exxon Mobil in the third quarter worth approximately $91,000. Institutional investors own 61.80% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts have weighed in on XOM shares. Mizuho increased their price target on shares of Exxon Mobil from $125.00 to $128.00 and gave the company a “neutral” rating in a research report on Monday, May 13th. Wells Fargo & Company raised their target price on Exxon Mobil from $138.00 to $142.00 and gave the stock an “overweight” rating in a research note on Tuesday, April 30th. Royal Bank of Canada reaffirmed a “sector perform” rating and set a $120.00 price target on shares of Exxon Mobil in a research report on Monday, February 5th. UBS Group boosted their target price on Exxon Mobil from $150.00 to $152.00 and gave the company a “buy” rating in a research note on Tuesday, May 7th. Finally, Piper Sandler raised their price target on Exxon Mobil from $130.00 to $145.00 and gave the stock an “overweight” rating in a research note on Thursday, April 18th. Eight analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $135.00.

Insider Activity

In other Exxon Mobil news, VP Darrin L. Talley sold 2,426 shares of the business’s stock in a transaction dated Monday, April 29th. The stock was sold at an average price of $119.01, for a total value of $288,718.26. Following the completion of the transaction, the vice president now owns 25,363 shares of the company’s stock, valued at approximately $3,018,450.63. The sale was disclosed in a legal filing with the SEC, which is available through this link. Corporate insiders own 0.03% of the company’s stock.

Exxon Mobil Stock Down 1.7 %

Shares of NYSE:XOM traded down $1.91 on Thursday, hitting $113.57. 15,978,354 shares of the company traded hands, compared to its average volume of 18,459,836. The stock has a 50 day simple moving average of $117.63 and a 200-day simple moving average of $107.80. The company has a quick ratio of 1.06, a current ratio of 1.38 and a debt-to-equity ratio of 0.15. The company has a market cap of $447.81 billion, a PE ratio of 13.92, a PEG ratio of 4.10 and a beta of 0.96. Exxon Mobil Co. has a 52 week low of $95.77 and a 52 week high of $123.75.

Exxon Mobil (NYSE:XOM) last released its quarterly earnings data on Friday, April 26th. The oil and gas company reported $2.06 earnings per share for the quarter, missing analysts’ consensus estimates of $2.19 by ($0.13). Exxon Mobil had a net margin of 9.62% and a return on equity of 16.75%. The firm had revenue of $83.08 billion for the quarter, compared to the consensus estimate of $79.69 billion. During the same quarter in the prior year, the business posted $2.83 earnings per share. The firm’s revenue for the quarter was down 4.0% compared to the same quarter last year. As a group, research analysts expect that Exxon Mobil Co. will post 9.57 earnings per share for the current year.

Exxon Mobil Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, June 10th. Shareholders of record on Wednesday, May 15th will be issued a $0.95 dividend. This represents a $3.80 dividend on an annualized basis and a dividend yield of 3.35%. The ex-dividend date is Tuesday, May 14th. Exxon Mobil’s payout ratio is 46.57%.

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.