Exxon Mobil Co. (NYSE:XOM) Stake Reduced by Disciplined Equity Management Inc.

Disciplined Equity Management Inc. cut its holdings in Exxon Mobil Co. (NYSE:XOM) by 43.4% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 1,347 shares of the oil and gas company’s stock after selling 1,032 shares during the quarter. Disciplined Equity Management Inc.’s holdings in Exxon Mobil were worth $145,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of XOM. Hershey Financial Advisers LLC acquired a new stake in Exxon Mobil during the 2nd quarter worth about $46,000. Retirement Wealth Solutions LLC acquired a new stake in Exxon Mobil during the 4th quarter worth about $46,000. Peterson Financial Group Inc. acquired a new stake in Exxon Mobil during the 3rd quarter worth about $51,000. Highline Wealth Partners LLC acquired a new stake in Exxon Mobil during the 3rd quarter worth about $54,000. Finally, Harbor Capital Advisors Inc. acquired a new stake in Exxon Mobil during the 3rd quarter worth about $63,000. 61.80% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

XOM has been the topic of a number of research reports. BNP Paribas downgraded Exxon Mobil from a “neutral” rating to an “underperform” rating and set a $105.00 target price on the stock. in a report on Wednesday, October 9th. Mizuho dropped their target price on Exxon Mobil from $137.00 to $134.00 and set a “neutral” rating on the stock in a report on Monday, December 16th. Royal Bank of Canada reiterated a “sector perform” rating and issued a $115.00 target price on shares of Exxon Mobil in a report on Thursday, December 12th. Morgan Stanley dropped their target price on Exxon Mobil from $142.00 to $140.00 in a report on Thursday, October 31st. Finally, BMO Capital Markets upped their target price on Exxon Mobil from $127.00 to $130.00 and gave the company a “market perform” rating in a report on Friday, October 4th. One analyst has rated the stock with a sell rating, seven have issued a hold rating, ten have assigned a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, Exxon Mobil presently has an average rating of “Moderate Buy” and a consensus price target of $128.84.

Exxon Mobil Stock Down 1.4 %

Shares of XOM stock opened at $108.64 on Monday. The stock has a market cap of $477.48 billion, a P/E ratio of 13.53, a price-to-earnings-growth ratio of 2.86 and a beta of 0.91. Exxon Mobil Co. has a one year low of $99.61 and a one year high of $126.34. The stock has a fifty day moving average price of $111.56 and a 200 day moving average price of $115.41. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.35 and a quick ratio of 1.01.

Exxon Mobil (NYSE:XOM) last issued its earnings results on Friday, November 1st. The oil and gas company reported $1.92 EPS for the quarter, topping the consensus estimate of $1.91 by $0.01. The firm had revenue of $90.02 billion during the quarter, compared to analysts’ expectations of $93.98 billion. Exxon Mobil had a return on equity of 14.73% and a net margin of 9.61%. Exxon Mobil’s quarterly revenue was down .8% compared to the same quarter last year. During the same period last year, the business earned $2.27 earnings per share. Analysts predict that Exxon Mobil Co. will post 7.77 earnings per share for the current year.

Exxon Mobil Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, December 10th. Investors of record on Thursday, November 14th were given a $0.99 dividend. This is a boost from Exxon Mobil’s previous quarterly dividend of $0.95. This represents a $3.96 annualized dividend and a yield of 3.65%. The ex-dividend date was Thursday, November 14th. Exxon Mobil’s dividend payout ratio (DPR) is 49.32%.

About Exxon Mobil

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.