Wiley BROS. Aintree Capital LLC lowered its position in Exxon Mobil Co. (NYSE:XOM – Get Rating) by 9.2% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 23,460 shares of the oil and gas company’s stock after selling 2,386 shares during the period. Exxon Mobil makes up approximately 1.3% of Wiley BROS. Aintree Capital LLC’s investment portfolio, making the stock its 16th largest holding. Wiley BROS. Aintree Capital LLC’s holdings in Exxon Mobil were worth $2,588,000 at the end of the most recent quarter.
A number of other large investors have also recently bought and sold shares 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 lifted its holdings in 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 acquiring an additional 272 shares during the period. Align Wealth Management LLC acquired a new position in Exxon Mobil in the fourth quarter valued at approximately $38,000. Mine & Arao Wealth Creation & Management LLC. lifted its holdings in 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 acquiring an additional 169 shares during the period. Finally, Horizons Wealth Management acquired a new position in Exxon Mobil in the second quarter valued at approximately $41,000. Hedge funds and other institutional investors own 57.49% of the company’s stock.
Exxon Mobil Stock Down 1.2 %
NYSE XOM opened at $99.84 on Friday. The business has a fifty day moving average price of $111.74 and a 200 day moving average price of $106.50. Exxon Mobil Co. has a one year low of $78.10 and a one year high of $119.63. The company has a debt-to-equity ratio of 0.20, a quick ratio of 1.06 and a current ratio of 1.41. The company has a market cap of $406.45 billion, a P/E ratio of 7.53, a P/E/G ratio of 0.43 and a beta of 1.09.
Exxon Mobil Dividend Announcement
The business also recently announced a quarterly dividend, which was paid on Friday, March 10th. Shareholders of record on Tuesday, February 14th were issued a $0.91 dividend. This represents a $3.64 annualized dividend and a yield of 3.65%. The ex-dividend date was Monday, February 13th. Exxon Mobil’s payout ratio is currently 27.45%.
Analyst Upgrades and Downgrades
A number of research analysts have issued reports on the company. Truist Financial boosted their price target on Exxon Mobil from $101.00 to $110.00 and gave the company a “hold” rating in a report on Wednesday, February 1st. Piper Sandler decreased their price target on Exxon Mobil from $131.00 to $127.00 and set an “overweight” rating for the company in a report on Monday, December 19th. Scotiabank raised Exxon Mobil from a “sector perform” rating to a “sector outperform” rating and boosted their price target for the company from $120.00 to $135.00 in a report on Tuesday, January 17th. Cowen upped their target price on Exxon Mobil from $108.00 to $113.00 and gave the stock a “market perform” rating in a research note on Thursday, February 2nd. Finally, Argus upped their target price on Exxon Mobil from $128.00 to $133.00 and gave the stock a “buy” rating in a research note on Thursday, February 2nd. One investment analyst has rated the stock with a sell rating, seven have given a hold rating and fifteen have assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $121.64.
Insider Buying and Selling at Exxon Mobil
In other Exxon Mobil news, VP Darrin L. Talley sold 2,500 shares of the company’s stock in a transaction on Wednesday, February 1st. The stock was sold at an average price of $115.50, for a total value of $288,750.00. Following the completion of the sale, the vice president now directly owns 31,772 shares in the company, valued at approximately $3,669,666. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. 0.04% of the stock is owned by company insiders.
Exxon Mobil Company Profile
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.
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