Exxon Mobil Co. (NYSE:XOM) is Imprint Wealth LLC’s Largest Position

Imprint Wealth LLC lessened its position in shares of Exxon Mobil Co. (NYSE:XOM) by 7.0% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 51,130 shares of the oil and gas company’s stock after selling 3,827 shares during the quarter. Exxon Mobil comprises 4.2% of Imprint Wealth LLC’s portfolio, making the stock its biggest holding. Imprint Wealth LLC’s holdings in Exxon Mobil were worth $5,208,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of XOM. Moneta Group Investment Advisors LLC lifted its stake in shares of Exxon Mobil by 140,855.3% during the 4th quarter. Moneta Group Investment Advisors LLC now owns 123,341,568 shares of the oil and gas company’s stock worth $13,604,575,000 after acquiring an additional 123,254,064 shares during the last quarter. Norges Bank bought a new stake in shares of Exxon Mobil during the 4th quarter worth approximately $5,226,390,000. Morgan Stanley lifted its stake in shares of Exxon Mobil by 11.9% during the 4th quarter. Morgan Stanley now owns 52,478,674 shares of the oil and gas company’s stock worth $5,788,398,000 after acquiring an additional 5,566,797 shares during the last quarter. International Assets Investment Management LLC lifted its stake in shares of Exxon Mobil by 10,221.0% during the 4th quarter. International Assets Investment Management LLC now owns 4,917,763 shares of the oil and gas company’s stock worth $491,678,000 after acquiring an additional 4,870,115 shares during the last quarter. Finally, FMR LLC lifted its stake in shares of Exxon Mobil by 3.0% during the 3rd quarter. FMR LLC now owns 145,199,301 shares of the oil and gas company’s stock worth $17,072,534,000 after acquiring an additional 4,162,149 shares during the last quarter. 61.80% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently issued reports on the company. TD Cowen raised their price target on Exxon Mobil from $115.00 to $120.00 and gave the stock a “buy” rating in a research note on Monday, April 1st. Erste Group Bank restated a “hold” rating on shares of Exxon Mobil in a report on Friday, December 22nd. Truist Financial raised their price objective on Exxon Mobil from $140.00 to $146.00 and gave the stock a “buy” rating in a report on Friday, April 5th. UBS Group raised their price objective on Exxon Mobil from $133.00 to $150.00 and gave the stock a “buy” rating in a report on Thursday, April 11th. Finally, Wells Fargo & Company raised their price objective on Exxon Mobil from $126.00 to $138.00 and gave the stock an “overweight” rating in a report on Thursday, April 4th. Nine research analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company’s stock. Based on data from MarketBeat, Exxon Mobil currently has a consensus rating of “Moderate Buy” and a consensus target price of $131.44.

Exxon Mobil Stock Down 0.1 %

Shares of XOM stock opened at $118.63 on Thursday. Exxon Mobil Co. has a 1-year low of $95.77 and a 1-year high of $123.75. The stock’s fifty day moving average price is $110.89 and its 200 day moving average price is $106.22. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.48 and a quick ratio of 1.09. The company has a market cap of $469.57 billion, a price-to-earnings ratio of 13.34, a price-to-earnings-growth ratio of 4.08 and a beta of 0.96.

Exxon Mobil (NYSE:XOM) last issued its quarterly earnings results on Friday, February 2nd. The oil and gas company reported $2.48 EPS for the quarter, topping analysts’ consensus estimates of $2.20 by $0.28. Exxon Mobil had a return on equity of 18.51% and a net margin of 10.45%. The company had revenue of $84.34 billion during the quarter, compared to analysts’ expectations of $90.03 billion. During the same quarter in the previous year, the firm posted $3.40 EPS. The firm’s revenue was down 11.6% compared to the same quarter last year. On average, research analysts expect that Exxon Mobil Co. will post 9.7 earnings per share for the current fiscal year.

Exxon Mobil Dividend Announcement

The company also recently declared 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. The ex-dividend date was Tuesday, February 13th. This represents a $3.80 dividend on an annualized basis and a yield of 3.20%. Exxon Mobil’s dividend payout ratio is currently 42.74%.

Insiders Place Their Bets

In other news, VP Darrin L. Talley sold 2,400 shares of the business’s 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 sale was disclosed in a legal filing with the SEC, which is accessible through this link. 0.06% of the stock is currently owned by insiders.

Exxon Mobil 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.