Towneley Capital Management Inc DE Acquires Shares of 9,218 Exxon Mobil Co. (NYSE:XOM)

Towneley Capital Management Inc DE bought a new position in shares of Exxon Mobil Co. (NYSE:XOM) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 9,218 shares of the oil and gas company’s stock, valued at approximately $992,000. Exxon Mobil makes up approximately 0.2% of Towneley Capital Management Inc DE’s investment portfolio, making the stock its 24th largest holding.

Other large investors have also added to or reduced their stakes in the company. Keystone Financial Group Inc. acquired a new stake in shares of Exxon Mobil during the fourth quarter valued at about $36,000. Retirement Wealth Solutions LLC acquired a new stake in Exxon Mobil during the 4th quarter valued at approximately $46,000. Compass Financial Services Inc purchased a new stake in Exxon Mobil during the 4th quarter worth approximately $48,000. Peterson Financial Group Inc. acquired a new position in shares of Exxon Mobil in the 3rd quarter valued at approximately $51,000. Finally, Highline Wealth Partners LLC purchased a new position in shares of Exxon Mobil during the 3rd quarter valued at approximately $54,000. 61.80% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other news, VP Darrin L. Talley sold 2,100 shares of the business’s stock in a transaction on Tuesday, February 4th. The stock was sold at an average price of $110.00, for a total value of $231,000.00. Following the sale, the vice president now owns 18,087 shares of the company’s stock, valued at approximately $1,989,570. The trade was a 10.40 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. 0.03% of the stock is currently owned by insiders.

Exxon Mobil Trading Up 0.0 %

Shares of XOM stock opened at $108.17 on Friday. Exxon Mobil Co. has a 1 year low of $100.60 and a 1 year high of $126.34. The firm has a market capitalization of $475.42 billion, a PE ratio of 13.80, a price-to-earnings-growth ratio of 2.94 and a beta of 0.89. The stock has a fifty day moving average of $108.88 and a two-hundred day moving average of $114.78. The company has a debt-to-equity ratio of 0.14, a quick ratio of 0.97 and a current ratio of 1.31.

Exxon Mobil (NYSE:XOM) last posted its quarterly earnings data on Friday, January 31st. The oil and gas company reported $1.67 earnings per share for the quarter, missing the consensus estimate of $1.77 by ($0.10). Exxon Mobil had a return on equity of 12.92% and a net margin of 9.63%. During the same quarter last year, the company posted $2.48 earnings per share. As a group, research analysts expect that Exxon Mobil Co. will post 7.37 EPS for the current year.

Exxon Mobil Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, March 10th. Investors of record on Wednesday, February 12th will be issued a dividend of $0.99 per share. The ex-dividend date is Wednesday, February 12th. This represents a $3.96 annualized dividend and a yield of 3.66%. Exxon Mobil’s payout ratio is 50.51%.

Analyst Upgrades and Downgrades

Several research firms recently issued reports on XOM. Scotiabank cut their price target on shares of Exxon Mobil from $145.00 to $140.00 in a report on Friday, January 31st. BMO Capital Markets decreased their price target on Exxon Mobil from $130.00 to $123.00 and set a “market perform” rating for the company in a research note on Friday, January 31st. Wolfe Research upped their price objective on Exxon Mobil from $137.00 to $138.00 in a research note on Thursday, October 31st. UBS Group decreased their target price on Exxon Mobil from $149.00 to $147.00 and set a “buy” rating for the company in a research report on Thursday, December 12th. Finally, HSBC dropped their price target on Exxon Mobil from $125.00 to $123.00 and set a “hold” rating on the stock in a research report on Friday, January 31st. One analyst has rated the stock with a sell rating, eight have issued a hold rating, eleven have given a buy rating and two have given a strong buy rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $129.25.

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.