Osprey Private Wealth LLC Purchases 7,288 Shares of Exxon Mobil Corporation $XOM

Osprey Private Wealth LLC boosted its position in Exxon Mobil Corporation (NYSE:XOMFree Report) by 169.5% in the third quarter, HoldingsChannel.com reports. The institutional investor owned 11,588 shares of the oil and gas company’s stock after purchasing an additional 7,288 shares during the period. Osprey Private Wealth LLC’s holdings in Exxon Mobil were worth $1,307,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also recently made changes to their positions in the company. Game Plan Financial Advisors LLC raised its stake in Exxon Mobil by 1,500.0% in the 1st quarter. Game Plan Financial Advisors LLC now owns 320 shares of the oil and gas company’s stock valued at $38,000 after acquiring an additional 300 shares during the period. 1248 Management LLC bought a new position in Exxon Mobil during the first quarter worth about $40,000. Marshall & Sullivan Inc. WA purchased a new position in shares of Exxon Mobil in the second quarter worth about $38,000. Bare Financial Services Inc raised its position in shares of Exxon Mobil by 121.8% in the second quarter. Bare Financial Services Inc now owns 366 shares of the oil and gas company’s stock valued at $39,000 after purchasing an additional 201 shares during the period. Finally, Investment Research & Advisory Group Inc. purchased a new stake in shares of Exxon Mobil during the 2nd quarter valued at approximately $42,000. Hedge funds and other institutional investors own 61.80% of the company’s stock.

Analysts Set New Price Targets

XOM has been the subject of a number of recent research reports. Cowen reiterated a “buy” rating on shares of Exxon Mobil in a research note on Friday, December 12th. Wells Fargo & Company raised their price target on Exxon Mobil from $156.00 to $158.00 and gave the stock an “overweight” rating in a report on Thursday, December 11th. Scotiabank reiterated an “outperform” rating on shares of Exxon Mobil in a research note on Monday, November 3rd. Citigroup increased their price objective on Exxon Mobil from $115.00 to $118.00 and gave the stock a “neutral” rating in a report on Wednesday, December 10th. Finally, Weiss Ratings restated a “hold (c+)” rating on shares of Exxon Mobil in a research note on Monday. One equities research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and thirteen have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $129.45.

View Our Latest Analysis on Exxon Mobil

Exxon Mobil Price Performance

NYSE:XOM opened at $116.56 on Friday. The firm has a market capitalization of $491.57 billion, a price-to-earnings ratio of 16.94, a P/E/G ratio of 7.35 and a beta of 0.38. Exxon Mobil Corporation has a 52-week low of $97.80 and a 52-week high of $120.81. The stock has a fifty day moving average of $115.93 and a 200 day moving average of $112.64. The company has a debt-to-equity ratio of 0.12, a quick ratio of 0.79 and a current ratio of 1.14.

Exxon Mobil (NYSE:XOMGet Free Report) last announced its earnings results on Friday, June 17th. The oil and gas company reported $0.65 earnings per share for the quarter. The business had revenue of $57.55 billion for the quarter. Exxon Mobil had a return on equity of 11.22% and a net margin of 8.99%. On average, research analysts expect that Exxon Mobil Corporation will post 7.43 EPS for the current fiscal year.

Exxon Mobil Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, December 10th. Investors of record on Friday, November 14th were paid a $1.03 dividend. This is an increase from Exxon Mobil’s previous quarterly dividend of $0.99. This represents a $4.12 dividend on an annualized basis and a yield of 3.5%. The ex-dividend date of this dividend was Friday, November 14th. Exxon Mobil’s payout ratio is 59.88%.

Insider Transactions at Exxon Mobil

In other Exxon Mobil news, VP Darrin L. Talley sold 3,000 shares of the business’s stock in a transaction that occurred on Wednesday, December 17th. The shares were sold at an average price of $117.19, for a total value of $351,570.00. Following the completion of the transaction, the vice president owned 28,584 shares of the company’s stock, valued at $3,349,758.96. The trade was a 9.50% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.03% of the stock is currently owned by insiders.

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Exxon Mobil Profile

(Free Report)

Exxon Mobil Corporation (NYSE: XOM) is an integrated oil and gas company engaged in the exploration, production, refining, distribution and marketing of petroleum products and the manufacture and sale of petrochemicals. Its operations span the full energy value chain, including upstream exploration and development of crude oil and natural gas; midstream transportation and storage; and downstream refining, product distribution and retail. The company also produces a broad range of chemical products for industrial and consumer applications.

ExxonMobil markets fuels and lubricants under well-known brands such as Exxon, Mobil and Esso, and its Mobil 1 motor oil is a prominent consumer product.

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Institutional Ownership by Quarter for Exxon Mobil (NYSE:XOM)

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