Uncommon Cents Investing LLC Buys 665 Shares of Exxon Mobil Co. (NYSE:XOM)

Uncommon Cents Investing LLC grew its stake in Exxon Mobil Co. (NYSE:XOM) by 2.5% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 27,151 shares of the oil and gas company’s stock after acquiring an additional 665 shares during the period. Uncommon Cents Investing LLC’s holdings in Exxon Mobil were worth $2,715,000 at the end of the most recent reporting period.

A number of other hedge funds have also added to or reduced their stakes in XOM. Intrepid Capital Management Inc. grew its holdings in shares of Exxon Mobil by 1.2% during the second quarter. Intrepid Capital Management Inc. now owns 7,928 shares of the oil and gas company’s stock worth $850,000 after buying an additional 92 shares in the last quarter. Traynor Capital Management Inc. grew its holdings in shares of Exxon Mobil by 4.2% during the third quarter. Traynor Capital Management Inc. now owns 2,346 shares of the oil and gas company’s stock worth $276,000 after buying an additional 94 shares in the last quarter. Money Concepts Capital Corp grew its holdings in shares of Exxon Mobil by 3.1% during the third quarter. Money Concepts Capital Corp now owns 3,119 shares of the oil and gas company’s stock worth $367,000 after buying an additional 95 shares in the last quarter. Defined Wealth Management LLC grew its holdings in shares of Exxon Mobil by 2.4% during the third quarter. Defined Wealth Management LLC now owns 4,051 shares of the oil and gas company’s stock worth $476,000 after buying an additional 96 shares in the last quarter. Finally, Fluent Financial LLC grew its holdings in shares of Exxon Mobil by 2.8% during the third quarter. Fluent Financial LLC now owns 3,610 shares of the oil and gas company’s stock worth $424,000 after buying an additional 97 shares in the last quarter. 61.80% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

XOM has been the subject of a number of recent analyst reports. Piper Sandler lowered their target price on shares of Exxon Mobil from $142.00 to $130.00 and set an “overweight” rating for the company in a report on Thursday, March 14th. JPMorgan Chase & Co. lowered their target price on shares of Exxon Mobil from $134.00 to $127.00 and set an “overweight” rating for the company in a report on Friday, December 8th. Erste Group Bank reaffirmed a “hold” rating on shares of Exxon Mobil in a research report on Friday, December 22nd. Mizuho lifted their price target on shares of Exxon Mobil from $119.00 to $125.00 and gave the company a “neutral” rating in a research report on Tuesday, March 19th. Finally, 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. Nine research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company’s stock. Based on data from MarketBeat, Exxon Mobil currently has an average rating of “Moderate Buy” and a consensus target price of $128.18.

Insider Buying and Selling at Exxon Mobil

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

Exxon Mobil Price Performance

Shares of NYSE XOM opened at $116.24 on Friday. Exxon Mobil Co. has a twelve month low of $95.77 and a twelve month high of $120.70. The company has a current ratio of 1.48, a quick ratio of 1.09 and a debt-to-equity ratio of 0.18. The company has a market capitalization of $461.22 billion, a price-to-earnings ratio of 13.08, a PEG ratio of 4.21 and a beta of 0.96. The firm has a 50-day moving average of $105.34 and a two-hundred day moving average of $105.96.

Exxon Mobil (NYSE:XOM) last posted its quarterly earnings data 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 net margin of 10.45% and a return on equity of 18.51%. The company had revenue of $84.34 billion during the quarter, compared to analyst estimates of $90.03 billion. During the same period in the prior year, the firm earned $3.40 earnings per share. The business’s quarterly revenue was down 11.6% on a year-over-year basis. As a group, analysts expect that Exxon Mobil Co. will post 9.11 earnings per share for the current fiscal 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 paid a dividend of $0.95 per share. This represents a $3.80 dividend on an annualized basis and a yield of 3.27%. The ex-dividend date was Tuesday, February 13th. Exxon Mobil’s dividend payout ratio is presently 42.74%.

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.