Exxon Mobil Co. (NYSE:XOM) Shares Sold by Weaver Consulting Group

Weaver Consulting Group decreased its position in shares of Exxon Mobil Co. (NYSE:XOM – Get Rating) by 9.4% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 7,911 shares of the oil and gas company’s stock after selling 821 shares during the quarter. Weaver Consulting Group’s holdings in Exxon Mobil were worth $873,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently modified their holdings of XOM. Karp Capital Management Corp acquired a new position in Exxon Mobil in the third quarter valued at approximately $28,000. Clear Perspectives Financial Planning LLC increased its position in shares of Exxon Mobil by 259.0% in the third quarter. Clear Perspectives Financial Planning LLC now owns 377 shares of the oil and gas company’s stock valued at $33,000 after buying an additional 272 shares in the last quarter. Mine & Arao Wealth Creation & Management LLC. increased its position in shares of Exxon Mobil by 61.7% in the third quarter. Mine & Arao Wealth Creation & Management LLC. now owns 443 shares of the oil and gas company’s stock valued at $39,000 after buying an additional 169 shares in the last quarter. Horizons Wealth Management purchased a new stake in shares of Exxon Mobil in the second quarter valued at approximately $41,000. Finally, Orion Capital Management LLC purchased a new stake in shares of Exxon Mobil in the third quarter valued at approximately $44,000. Institutional investors and hedge funds own 57.49% of the company’s stock.

Insider Activity

In other news, VP Darrin L. Talley sold 2,500 shares of the stock in a transaction dated Wednesday, February 1st. The stock was sold at an average price of $115.50, for a total value of $288,750.00. Following the transaction, the vice president now owns 31,772 shares in the company, valued at approximately $3,669,666. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Company insiders own 0.04% of the company’s stock.

Analyst Upgrades and Downgrades

XOM has been the subject of a number of recent analyst reports. StockNews.com initiated coverage on Exxon Mobil in a research report on Thursday. They issued a “hold” rating for the company. HSBC boosted their price target on Exxon Mobil to $111.00 in a research report on Friday, December 2nd. B. Riley boosted their price target on Exxon Mobil from $128.00 to $133.00 and gave the stock a “buy” rating in a research report on Thursday, February 2nd. Argus boosted their price target on Exxon Mobil from $128.00 to $133.00 and gave the stock a “buy” rating in a research report on Thursday, February 2nd. Finally, Cowen boosted their price target on Exxon Mobil from $108.00 to $113.00 and gave the stock a “market perform” rating in a research report on Thursday, February 2nd. One research analyst has rated the stock with a sell rating, seven have issued a hold rating and fifteen have given a buy rating to the company. According to data from MarketBeat, Exxon Mobil currently has a consensus rating of “Moderate Buy” and a consensus price target of $121.64.

Exxon Mobil Price Performance

Shares of NYSE XOM opened at $99.84 on Friday. The stock’s 50-day moving average is $111.74 and its two-hundred day moving average is $106.43. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.41 and a quick ratio of 1.06. Exxon Mobil Co. has a 1-year low of $78.10 and a 1-year high of $119.63. The company has a market cap of $406.45 billion, a price-to-earnings ratio of 7.53, a price-to-earnings-growth ratio of 0.46 and a beta of 1.09.

Exxon Mobil (NYSE:XOM – Get Rating) last issued its quarterly earnings results on Tuesday, January 31st. The oil and gas company reported $3.40 earnings per share for the quarter, topping the consensus estimate of $3.32 by $0.08. Exxon Mobil had a return on equity of 31.25% and a net margin of 13.47%. The company had revenue of $95.43 billion for the quarter, compared to the consensus estimate of $90.21 billion. During the same quarter in the prior year, the business earned $2.05 EPS. Exxon Mobil’s revenue was up 12.3% on a year-over-year basis. Analysts forecast that Exxon Mobil Co. will post 10.08 EPS for the current fiscal year.

Exxon Mobil Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, March 10th. Shareholders of record on Tuesday, February 14th were issued a dividend of $0.91 per share. The ex-dividend date of this dividend was Monday, February 13th. This represents a $3.64 annualized dividend and a yield of 3.65%. Exxon Mobil’s dividend payout ratio (DPR) is 27.45%.

Exxon Mobil Company Profile

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Exxon Mobil Corp. engages in the exploration, development, and distribution of oil, gas, and petroleum products. It operates through the following segments: Upstream, Downstream and Chemical. The Upstream segment produces crude oil and natural gas. The Downstream segment manufactures and trades petroleum products.