27,762 Shares in Exxon Mobil Co. (NYSE:XOM) Bought by GUNN & Co INVESTMENT MANAGEMENT INC. (2024)

GUNN & Co INVESTMENT MANAGEMENT INC. acquired a new position in shares of Exxon Mobil Co. (NYSE:XOM - Free Report) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 27,762 shares of the oil and gas company's stock, valued at approximately $2,776,000.

Other large investors have also made changes to their positions in the company. Money Concepts Capital Corp grew its position in shares of Exxon Mobil by 3.1% in the third quarter. Money Concepts Capital Corp now owns 3,119 shares of the oil and gas company's stock valued at $367,000 after purchasing an additional 95 shares in the last quarter. Defined Wealth Management LLC increased its position 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 valued at $476,000 after buying an additional 96 shares during the period. Crown Wealth Group LLC lifted its holdings in shares of Exxon Mobil by 2.4% in the third quarter. Crown Wealth Group LLC now owns 4,154 shares of the oil and gas company's stock worth $488,000 after buying an additional 97 shares in the last quarter. Auxier Asset Management boosted its position in shares of Exxon Mobil by 0.8% in the third quarter. Auxier Asset Management now owns 12,963 shares of the oil and gas company's stock valued at $1,524,000 after acquiring an additional 97 shares during the period. Finally, Pennsylvania Capital Management Inc. ADV grew its stake in Exxon Mobil by 2.0% during the third quarter. Pennsylvania Capital Management Inc. ADV now owns 4,932 shares of the oil and gas company's stock valued at $580,000 after acquiring an additional 98 shares in the last quarter. Institutional investors and hedge funds own 61.80% of the company's stock.

Insider Transactions at Exxon Mobil

In other Exxon Mobil news, VP Darrin L. Talley sold 2,426 shares of the company's stock in a transaction that occurred on Monday, April 29th. The stock was sold at an average price of $119.01, for a total transaction of $288,718.26. Following the completion of the transaction, the vice president now owns 25,363 shares of the company's stock, valued at approximately $3,018,450.63. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. In related news, VP Darrin L. Talley sold 2,426 shares of Exxon Mobil stock in a transaction on Monday, April 29th. The shares were sold at an average price of $119.01, for a total value of $288,718.26. Following the sale, the vice president now owns 25,363 shares in the company, valued at $3,018,450.63. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, VP Darrin L. Talley sold 2,400 shares of the firm's stock in a transaction dated Thursday, February 22nd. The stock was 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 disclosure for this sale can be found here. 0.03% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

XOM has been the subject of several analyst reports. Barclays started coverage on shares of Exxon Mobil in a report on Wednesday, April 10th. They issued an "overweight" rating and a $147.00 price target for the company. Redburn Atlantic raised Exxon Mobil from a "neutral" rating to a "buy" rating and raised their price target for the company from $116.00 to $119.00 in a report on Tuesday, January 9th. Wells Fargo & Company boosted their price objective on Exxon Mobil from $138.00 to $142.00 and gave the stock an "overweight" rating in a report on Tuesday, April 30th. Royal Bank of Canada reaffirmed a "sector perform" rating and issued a $120.00 target price on shares of Exxon Mobil in a research note on Monday, February 5th. Finally, Truist Financial boosted their price target on shares of Exxon Mobil from $140.00 to $146.00 and gave the stock a "buy" rating in a research note on Friday, April 5th. Eight analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $134.06.

View Our Latest Stock Report on Exxon Mobil

Exxon Mobil Trading Down 0.2 %

Shares of XOM stock opened at $116.00 on Friday. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.38 and a quick ratio of 1.06. The business has a 50-day moving average of $114.65 and a 200 day moving average of $106.96. The stock has a market capitalization of $457.39 billion, a PE ratio of 14.22, a P/E/G ratio of 4.03 and a beta of 0.96. Exxon Mobil Co. has a 1-year low of $95.77 and a 1-year high of $123.75.

Exxon Mobil (NYSE:XOM - Get Free Report) last released its quarterly earnings data on Friday, April 26th. The oil and gas company reported $2.06 earnings per share for the quarter, missing analysts' consensus estimates of $2.19 by ($0.13). Exxon Mobil had a net margin of 9.62% and a return on equity of 16.75%. The company had revenue of $83.08 billion for the quarter, compared to analysts' expectations of $79.69 billion. During the same period last year, the company posted $2.83 EPS. The business's revenue for the quarter was down 4.0% compared to the same quarter last year. As a group, sell-side analysts anticipate that Exxon Mobil Co. will post 9.61 earnings per share for the current year.

Exxon Mobil Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, June 10th. Stockholders of record on Wednesday, May 15th will be paid a dividend of $0.95 per share. This represents a $3.80 annualized dividend and a dividend yield of 3.28%. The ex-dividend date of this dividend is Tuesday, May 14th. Exxon Mobil's dividend payout ratio (DPR) is 46.57%.

Exxon Mobil Profile

(Free Report)

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.

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