Sentry Investment Management LLC Buys 200 Shares of Exxon Mobil Co. (NYSE:XOM)

Sentry Investment Management LLC grew its stake in Exxon Mobil Co. (NYSE:XOM) by 0.9% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 23,447 shares of the oil and gas company’s stock after buying an additional 200 shares during the period. Exxon Mobil accounts for about 1.0% of Sentry Investment Management LLC’s holdings, making the stock its 14th biggest holding. Sentry Investment Management LLC’s holdings in Exxon Mobil were worth $2,344,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently made changes to their positions in XOM. Sippican Capital Advisors increased its holdings in Exxon Mobil by 15.3% in the fourth quarter. Sippican Capital Advisors now owns 16,170 shares of the oil and gas company’s stock worth $1,617,000 after purchasing an additional 2,150 shares in the last quarter. Mackenzie Financial Corp grew its position in Exxon Mobil by 6.7% in the 4th quarter. Mackenzie Financial Corp now owns 1,360,207 shares of the oil and gas company’s stock valued at $135,993,000 after purchasing an additional 85,414 shares during the period. B&D White Capital Company LLC acquired a new stake in Exxon Mobil in the 4th quarter valued at $50,397,000. Bison Wealth LLC increased its stake in Exxon Mobil by 3.0% during the 4th quarter. Bison Wealth LLC now owns 37,869 shares of the oil and gas company’s stock valued at $3,786,000 after purchasing an additional 1,093 shares in the last quarter. Finally, Cullen Investment Group LTD. acquired a new position in Exxon Mobil during the fourth quarter worth $4,739,000. 61.80% of the stock is currently owned by institutional investors.

Exxon Mobil Price Performance

Shares of NYSE:XOM opened at $118.63 on Thursday. The company has a 50-day moving average price of $110.89 and a two-hundred day moving average price of $106.22. Exxon Mobil Co. has a twelve month low of $95.77 and a twelve month high of $123.75. The company has a quick ratio of 1.09, a current ratio of 1.48 and a debt-to-equity ratio of 0.18. The firm has a market capitalization of $469.57 billion, a PE ratio of 13.34, a P/E/G ratio of 4.08 and a beta of 0.96.

Exxon Mobil (NYSE:XOM) last released its quarterly earnings data on Friday, February 2nd. The oil and gas company reported $2.48 earnings per share for the quarter, beating analysts’ consensus estimates of $2.20 by $0.28. The business had revenue of $84.34 billion during the quarter, compared to analyst estimates of $90.03 billion. Exxon Mobil had a net margin of 10.45% and a return on equity of 18.51%. Exxon Mobil’s revenue was down 11.6% compared to the same quarter last year. During the same period in the previous year, the business earned $3.40 EPS. Equities analysts forecast that Exxon Mobil Co. will post 9.7 EPS for the current year.

Exxon Mobil Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, March 11th. Shareholders of record on Wednesday, February 14th were paid a $0.95 dividend. The ex-dividend date of this dividend was Tuesday, February 13th. This represents a $3.80 annualized dividend and a yield of 3.20%. Exxon Mobil’s dividend payout ratio is currently 42.74%.

Insider Buying and Selling at Exxon Mobil

In other news, VP Darrin L. Talley sold 2,400 shares of the firm’s stock in a transaction that occurred on Thursday, February 22nd. The shares were sold at an average price of $105.00, for a total value of $252,000.00. Following the completion of the transaction, the vice president now directly owns 30,189 shares in the company, valued at $3,169,845. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Insiders own 0.06% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages have recently issued reports on XOM. UBS Group lifted their price objective on shares of Exxon Mobil from $133.00 to $150.00 and gave the company a “buy” rating in a report on Thursday, April 11th. Barclays assumed coverage on Exxon Mobil in a report on Wednesday, April 10th. They issued an “overweight” rating and a $147.00 target price on the stock. Scotiabank upped their price target on Exxon Mobil from $114.00 to $129.00 and gave the stock a “sector perform” rating in a report on Thursday, April 11th. TD Cowen raised their price objective on Exxon Mobil from $115.00 to $120.00 and gave the company a “buy” rating in a research note on Monday, April 1st. Finally, Piper Sandler reduced their target price on shares of Exxon Mobil from $142.00 to $130.00 and set an “overweight” rating for the company in a research note on Thursday, March 14th. Nine investment analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $131.44.

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.