Capital Advisors Inc. OK Buys 9,528 Shares of Exxon Mobil Co. (NYSE:XOM)

Capital Advisors Inc. OK lifted its stake in Exxon Mobil Co. (NYSE:XOM) by 1.5% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 658,548 shares of the oil and gas company’s stock after acquiring an additional 9,528 shares during the period. Exxon Mobil accounts for 1.5% of Capital Advisors Inc. OK’s portfolio, making the stock its 14th largest position. Capital Advisors Inc. OK’s holdings in Exxon Mobil were worth $65,842,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently made changes to their positions in the stock. FMR LLC raised its position in shares of Exxon Mobil by 3.0% in 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 in the last quarter. Moneta Group Investment Advisors LLC increased its position 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 valued at $13,604,575,000 after buying an additional 123,254,064 shares in the last quarter. Morgan Stanley increased its position in Exxon Mobil by 2.0% during the 3rd quarter. Morgan Stanley now owns 53,828,024 shares of the oil and gas company’s stock valued at $6,329,099,000 after buying an additional 1,066,937 shares in the last quarter. Norges Bank acquired a new position in Exxon Mobil during the 4th quarter valued at about $5,226,390,000. Finally, Northern Trust Corp increased its position in Exxon Mobil by 1.3% during the 3rd quarter. Northern Trust Corp now owns 43,696,758 shares of the oil and gas company’s stock valued at $5,137,865,000 after buying an additional 576,078 shares in the last quarter. 61.80% of the stock is owned by institutional investors.

Exxon Mobil Stock Performance

Shares of XOM stock opened at $119.68 on Tuesday. The company has a market capitalization of $473.72 billion, a P/E ratio of 13.46, a P/E/G ratio of 4.21 and a beta of 0.96. The business’s 50 day moving average is $110.24 and its two-hundred day moving average is $106.12. The company has a current ratio of 1.48, a quick ratio of 1.09 and a debt-to-equity ratio of 0.18. Exxon Mobil Co. has a 12-month low of $95.77 and a 12-month high of $123.75.

Exxon Mobil (NYSE:XOM) last announced its earnings results on Friday, February 2nd. The oil and gas company reported $2.48 EPS for the quarter, beating 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 business had revenue of $84.34 billion during the quarter, compared to analysts’ expectations of $90.03 billion. During the same quarter in the prior year, the firm earned $3.40 earnings per share. The business’s revenue was down 11.6% compared to the same quarter last year. Analysts expect that Exxon Mobil Co. will post 9.54 EPS for the current fiscal year.

Exxon Mobil Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, March 11th. Investors of record on Wednesday, February 14th were issued a $0.95 dividend. The ex-dividend date was Tuesday, February 13th. This represents a $3.80 annualized dividend and a dividend yield of 3.18%. Exxon Mobil’s dividend payout ratio is presently 42.74%.

Analyst Ratings Changes

Several research analysts recently issued reports on the company. Mizuho reissued a “neutral” rating and issued a $125.00 price objective on shares of Exxon Mobil in a report on Thursday, April 4th. Erste Group Bank reissued a “hold” rating on shares of Exxon Mobil in a report on Friday, December 22nd. UBS Group increased their price objective on Exxon Mobil from $133.00 to $150.00 and gave the company a “buy” rating in a report on Thursday, April 11th. Wells Fargo & Company increased 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. Finally, Truist Financial increased their price objective on Exxon Mobil from $140.00 to $146.00 and gave the company a “buy” rating in a report on Friday, April 5th. Nine analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $131.44.

Insider Activity at Exxon Mobil

In related news, VP Darrin L. Talley sold 2,400 shares of the 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 of the company’s stock, valued at $3,169,845. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Insiders own 0.04% of the company’s stock.

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.