Schnieders Capital Management LLC Buys 1,500 Shares of Exxon Mobil Co. (NYSE:XOM)

Schnieders Capital Management LLC increased its stake in Exxon Mobil Co. (NYSE:XOM) by 5.3% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 29,844 shares of the oil and gas company’s stock after buying an additional 1,500 shares during the period. Schnieders Capital Management LLC’s holdings in Exxon Mobil were worth $3,210,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of XOM. Valmark Advisers Inc. increased its stake in shares of Exxon Mobil by 2.9% during the third quarter. Valmark Advisers Inc. now owns 53,996 shares of the oil and gas company’s stock valued at $6,329,000 after purchasing an additional 1,533 shares in the last quarter. Fidelis Capital Partners LLC increased its position in shares of Exxon Mobil by 2.0% during the third quarter. Fidelis Capital Partners LLC now owns 77,095 shares of the oil and gas company’s stock valued at $9,272,000 after acquiring an additional 1,548 shares in the last quarter. Lodestar Private Asset Management LLC increased its position in shares of Exxon Mobil by 1.1% during the third quarter. Lodestar Private Asset Management LLC now owns 9,919 shares of the oil and gas company’s stock valued at $1,163,000 after acquiring an additional 108 shares in the last quarter. Highview Capital Management LLC DE bought a new stake in shares of Exxon Mobil during the third quarter valued at approximately $1,651,000. Finally, Avitas Wealth Management LLC increased its position in shares of Exxon Mobil by 1.4% during the third quarter. Avitas Wealth Management LLC now owns 55,412 shares of the oil and gas company’s stock valued at $6,495,000 after acquiring an additional 780 shares in the last quarter. 61.80% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

Several equities research analysts recently weighed in on XOM shares. Argus raised shares of Exxon Mobil to a “strong-buy” rating in a research report on Tuesday, February 4th. The Goldman Sachs Group reduced their price target on shares of Exxon Mobil from $125.00 to $123.00 and set a “neutral” rating for the company in a research report on Friday, January 31st. Scotiabank reduced their price target on shares of Exxon Mobil from $145.00 to $140.00 in a research report on Friday, January 31st. Piper Sandler reduced their price target on shares of Exxon Mobil from $138.00 to $127.00 and set an “overweight” rating for the company in a research report on Thursday, December 19th. Finally, TD Cowen dropped their target price on shares of Exxon Mobil from $132.00 to $128.00 and set a “buy” rating on the stock in a report on Monday, December 16th. One analyst has rated the stock with a sell rating, eight have given a hold rating, eleven have issued a buy rating and two have issued a strong buy rating to the company’s stock. Based on data from MarketBeat, Exxon Mobil has a consensus rating of “Moderate Buy” and an average target price of $129.25.

Insider Activity

In other news, VP Darrin L. Talley sold 2,100 shares of the firm’s stock in a transaction on Tuesday, February 4th. The shares were sold at an average price of $110.00, for a total transaction of $231,000.00. Following the sale, the vice president now directly owns 18,087 shares in the company, valued at $1,989,570. This trade represents a 10.40 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Insiders own 0.03% of the company’s stock.

Exxon Mobil Trading Up 1.1 %

Shares of Exxon Mobil stock opened at $111.33 on Friday. The company’s fifty day simple moving average is $108.95 and its 200-day simple moving average is $114.26. The stock has a market capitalization of $483.08 billion, a PE ratio of 14.20, a P/E/G ratio of 3.02 and a beta of 0.89. Exxon Mobil Co. has a 1-year low of $104.03 and a 1-year high of $126.34. The company has a debt-to-equity ratio of 0.14, a current ratio of 1.31 and a quick ratio of 0.97.

Exxon Mobil (NYSE:XOM) last issued its quarterly earnings results 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 in the previous year, the firm posted $2.48 EPS. As a group, equities analysts anticipate that Exxon Mobil Co. will post 7.43 earnings per share for the current year.

Exxon Mobil Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, March 10th. Stockholders of record on Wednesday, February 12th will be given a dividend of $0.99 per share. The ex-dividend date of this dividend is Wednesday, February 12th. This represents a $3.96 annualized dividend and a dividend yield of 3.56%. Exxon Mobil’s payout ratio is 50.51%.

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.