Generali Investments CEE investicni spolecnost a.s. Takes Position in Exxon Mobil Co. (NYSE:XOM)

Generali Investments CEE investicni spolecnost a.s. bought a new stake in Exxon Mobil Co. (NYSE:XOM) during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund bought 67,500 shares of the oil and gas company’s stock, valued at approximately $7,261,000. Exxon Mobil makes up approximately 0.7% of Generali Investments CEE investicni spolecnost a.s.’s investment portfolio, making the stock its 29th largest holding.

Several other institutional investors and hedge funds also recently made changes to their positions in XOM. Harbor Capital Advisors Inc. acquired a new stake in shares of Exxon Mobil in the 3rd quarter valued at $63,000. Consilium Wealth Advisory LLC acquired a new position in Exxon Mobil during the 3rd quarter worth about $990,000. Dechtman Wealth Management LLC lifted its position in Exxon Mobil by 3.4% during the 3rd quarter. Dechtman Wealth Management LLC now owns 15,332 shares of the oil and gas company’s stock worth $1,797,000 after buying an additional 505 shares in the last quarter. Blake Schutter Theil Wealth Advisors LLC acquired a new position in Exxon Mobil during the 3rd quarter worth about $1,019,000. Finally, Graypoint LLC lifted its position in Exxon Mobil by 10.4% during the 3rd quarter. Graypoint LLC now owns 42,368 shares of the oil and gas company’s stock worth $4,966,000 after buying an additional 3,975 shares in the last quarter. Institutional investors and hedge funds own 61.80% of the company’s stock.

Insider Activity at Exxon Mobil

In related news, VP Darrin L. Talley sold 2,100 shares of the business’s stock in a transaction that occurred 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 completion of the transaction, the vice president now directly owns 18,087 shares in the company, valued at approximately $1,989,570. The trade was a 10.40 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. 0.03% of the stock is owned by insiders.

Exxon Mobil Price Performance

Shares of XOM opened at $109.05 on Friday. The company has a debt-to-equity ratio of 0.14, a quick ratio of 0.97 and a current ratio of 1.31. The stock has a 50 day simple moving average of $109.05 and a 200 day simple moving average of $113.87. Exxon Mobil Co. has a 52-week low of $103.67 and a 52-week high of $126.34. The firm has a market capitalization of $473.20 billion, a PE ratio of 13.91, a P/E/G ratio of 3.02 and a beta of 0.89.

Exxon Mobil (NYSE:XOM) last issued its quarterly earnings data on Friday, January 31st. The oil and gas company reported $1.67 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.77 by ($0.10). Exxon Mobil had a net margin of 9.63% and a return on equity of 12.92%. During the same period last year, the business earned $2.48 earnings per share. Sell-side analysts predict that Exxon Mobil Co. will post 7.43 EPS for the current fiscal year.

Exxon Mobil Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, March 10th. Investors of record on Wednesday, February 12th will be given a $0.99 dividend. The ex-dividend date of this dividend is Wednesday, February 12th. This represents a $3.96 annualized dividend and a dividend yield of 3.63%. Exxon Mobil’s dividend payout ratio is presently 50.51%.

Analysts Set New Price Targets

Several research analysts recently issued reports on the stock. Argus upgraded shares of Exxon Mobil to a “strong-buy” rating in a research report on Tuesday, February 4th. JPMorgan Chase & Co. reduced their price target on shares of Exxon Mobil from $130.00 to $125.00 and set an “overweight” rating on the stock in a research report on Monday, December 16th. Royal Bank of Canada reiterated a “sector perform” rating and set a $115.00 price target on shares of Exxon Mobil in a research report on Monday, February 3rd. HSBC reduced their price target on shares of Exxon Mobil from $125.00 to $123.00 and set a “hold” rating on the stock in a research report on Friday, January 31st. Finally, BMO Capital Markets dropped their price objective on Exxon Mobil from $130.00 to $123.00 and set a “market perform” rating for the company in a report on Friday, January 31st. One research analyst has rated the stock with a sell rating, eight have assigned a hold rating, eleven have issued a buy rating and two have assigned a strong buy rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus 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.