4,166 Shares in Exxon Mobil Co. (NYSE:XOM) Bought by Capasso Planning Partners LLC

Capasso Planning Partners LLC acquired a new position in shares of Exxon Mobil Co. (NYSE:XOM) in the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor acquired 4,166 shares of the oil and gas company’s stock, valued at approximately $417,000.

A number of other institutional investors have also recently added to or reduced their stakes in XOM. Moneta Group Investment Advisors LLC grew its stake in 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 buying an additional 123,254,064 shares during the last quarter. Norges Bank bought a new position in shares of Exxon Mobil in the fourth quarter worth $5,226,390,000. Imprint Wealth LLC grew its stake in shares of Exxon Mobil by 9,115.2% in the second quarter. Imprint Wealth LLC now owns 11,304,343 shares of the oil and gas company’s stock worth $1,130,434,000 after purchasing an additional 11,181,673 shares in the last quarter. Morgan Stanley grew its stake in shares of Exxon Mobil by 11.9% in the fourth quarter. Morgan Stanley now owns 52,478,674 shares of the oil and gas company’s stock worth $5,788,398,000 after purchasing an additional 5,566,797 shares in the last quarter. Finally, International Assets Investment Management LLC grew its stake in shares of Exxon Mobil by 10,221.0% in the fourth 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 purchasing an additional 4,870,115 shares in the last quarter. 61.80% of the stock is currently owned by institutional investors.

Exxon Mobil Price Performance

Shares of NYSE:XOM opened at $120.37 on Friday. The business has a 50 day moving average price of $109.87 and a 200 day moving average price of $106.29. Exxon Mobil Co. has a twelve month low of $95.77 and a twelve month high of $123.75. The company has a market cap of $477.61 billion, a price-to-earnings ratio of 13.54, a PEG ratio of 4.26 and a beta of 0.96. The company has a quick ratio of 1.09, a current ratio of 1.48 and a debt-to-equity ratio of 0.18.

Exxon Mobil (NYSE:XOM) last announced its earnings results on Friday, February 2nd. The oil and gas company reported $2.48 earnings per share for the quarter, beating the consensus estimate of $2.20 by $0.28. Exxon Mobil had a return on equity of 18.51% and a net margin of 10.45%. The firm had revenue of $84.34 billion during the quarter, compared to the consensus estimate of $90.03 billion. During the same quarter in the prior year, the company earned $3.40 EPS. The firm’s revenue for the quarter was down 11.6% compared to the same quarter last year. Research analysts predict that Exxon Mobil Co. will post 9.54 earnings per share for the current 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 $0.95 dividend. The ex-dividend date was Tuesday, February 13th. This represents a $3.80 dividend on an annualized basis and a dividend yield of 3.16%. Exxon Mobil’s dividend payout ratio is currently 42.74%.

Insiders Place Their Bets

In other Exxon Mobil news, VP Darrin L. Talley sold 2,400 shares of the firm’s stock in a transaction that occurred on 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 sale, the vice president now owns 30,189 shares in the company, valued at approximately $3,169,845. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Corporate insiders own 0.06% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts have recently weighed in on XOM shares. Wells Fargo & Company upped their price objective on Exxon Mobil from $126.00 to $138.00 and gave the company an “overweight” rating in a report on Thursday, April 4th. Redburn Atlantic raised Exxon Mobil from a “neutral” rating to a “buy” rating and upped their price target for the company from $116.00 to $119.00 in a research report on Tuesday, January 9th. Royal Bank of Canada reissued a “sector perform” rating and set a $120.00 price target on shares of Exxon Mobil in a research report on Monday, February 5th. Truist Financial upped their price target on Exxon Mobil from $140.00 to $146.00 and gave the company a “buy” rating in a research report on Friday, April 5th. Finally, Scotiabank upped their target price on Exxon Mobil from $114.00 to $129.00 and gave the stock a “sector perform” rating in a research report on Thursday. Nine investment analysts have rated the stock with a hold rating and eleven have given a buy rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $131.44.

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.