Wiley BROS. Aintree Capital LLC Reduces Stake in Exxon Mobil Co. (NYSE:XOM)

Wiley BROS. Aintree Capital LLC lowered its position in Exxon Mobil Co. (NYSE:XOMGet 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 (NYSE:XOMGet Rating) last issued its earnings results on Tuesday, January 31st. The oil and gas company reported $3.40 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.32 by $0.08. The company had revenue of $95.43 billion during the quarter, compared to analysts’ expectations of $90.21 billion. Exxon Mobil had a return on equity of 31.25% and a net margin of 13.47%. The firm’s quarterly revenue was up 12.3% on a year-over-year basis. During the same period in the prior year, the business earned $2.05 EPS. Research analysts anticipate that Exxon Mobil Co. will post 10.08 EPS for the current fiscal year.

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

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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.

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Institutional Ownership by Quarter for Exxon Mobil (NYSE:XOM)

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