Exxon Mobil Co. (NYSE:XOM) Shares Sold by Moser Wealth Advisors LLC

Moser Wealth Advisors LLC lessened its stake in shares of Exxon Mobil Co. (NYSE:XOM) by 1.5% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 14,335 shares of the oil and gas company’s stock after selling 219 shares during the quarter. Exxon Mobil accounts for 0.8% of Moser Wealth Advisors LLC’s investment portfolio, making the stock its 29th biggest position. Moser Wealth Advisors LLC’s holdings in Exxon Mobil were worth $1,542,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds also recently modified their holdings of XOM. Financial Life Advisors grew its stake in Exxon Mobil by 9.0% during the 4th quarter. Financial Life Advisors now owns 2,426 shares of the oil and gas company’s stock valued at $261,000 after purchasing an additional 200 shares in the last quarter. Stockman Wealth Management Inc. lifted its position in Exxon Mobil by 2.9% in the 4th quarter. Stockman Wealth Management Inc. now owns 97,310 shares of the oil and gas company’s stock valued at $10,468,000 after purchasing an additional 2,742 shares during the last quarter. Rede Wealth LLC grew its position in Exxon Mobil by 0.8% in the 4th quarter. Rede Wealth LLC now owns 20,820 shares of the oil and gas company’s stock worth $2,240,000 after purchasing an additional 168 shares during the last quarter. Summit Wealth & Retirement Planning Inc. grew its holdings in Exxon Mobil by 7.9% in the 4th quarter. Summit Wealth & Retirement Planning Inc. now owns 6,797 shares of the oil and gas company’s stock worth $731,000 after buying an additional 500 shares in the last quarter. Finally, Investment Advisory Services Inc. TX ADV raised its stake in Exxon Mobil by 1.0% during the 4th quarter. Investment Advisory Services Inc. TX ADV now owns 52,399 shares of the oil and gas company’s stock valued at $5,637,000 after acquiring an additional 543 shares in the last quarter. Hedge funds and other institutional investors own 61.80% of the company’s stock.

Insiders Place Their Bets

In other news, VP Darrin L. Talley sold 2,100 shares of the stock in a transaction on Tuesday, February 4th. The shares were sold at an average price of $110.00, for a total transaction of $231,000.00. Following the completion of the sale, the vice president now owns 18,087 shares of the company’s stock, valued at $1,989,570. This represents a 10.40 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Corporate insiders own 0.03% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts have commented on the stock. HSBC decreased their target price on shares of Exxon Mobil from $125.00 to $123.00 and set a “hold” rating for the company in a report on Friday, January 31st. Scotiabank reduced their price target on shares of Exxon Mobil from $145.00 to $140.00 in a research report on Friday, January 31st. Piper Sandler lowered their price objective on shares of Exxon Mobil from $138.00 to $127.00 and set an “overweight” rating on the stock in a research report on Thursday, December 19th. TD Cowen cut their target price on shares of Exxon Mobil from $132.00 to $128.00 and set a “buy” rating for the company in a research report on Monday, December 16th. Finally, The Goldman Sachs Group lowered their target price on Exxon Mobil from $125.00 to $123.00 and set a “neutral” rating on the stock in a research note on Friday, January 31st. One analyst has rated the stock with a sell rating, eight have assigned a hold rating, eleven have given a buy rating and two have assigned a strong buy rating to the company. According to MarketBeat, Exxon Mobil currently has a consensus rating of “Moderate Buy” and a consensus price target of $129.25.

Exxon Mobil Stock Down 3.9 %

Shares of Exxon Mobil stock opened at $107.37 on Thursday. The business has a fifty day simple moving average of $109.16 and a 200 day simple moving average of $114.88. The stock has a market cap of $471.90 billion, a PE ratio of 13.70, a price-to-earnings-growth ratio of 2.94 and a beta of 0.89. The company has a quick ratio of 0.97, a current ratio of 1.31 and a debt-to-equity ratio of 0.14. Exxon Mobil Co. has a 12 month low of $100.42 and a 12 month high of $126.34.

Exxon Mobil (NYSE:XOM) last posted its earnings results on Friday, January 31st. The oil and gas company reported $1.67 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.77 by ($0.10). Exxon Mobil had a return on equity of 12.92% and a net margin of 9.63%. During the same period last year, the business earned $2.48 EPS. Research analysts predict that Exxon Mobil Co. will post 7.37 EPS for the current year.

Exxon Mobil Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, March 10th. Investors of record on Wednesday, February 12th will be paid a dividend of $0.99 per share. The ex-dividend date of this dividend is Wednesday, February 12th. This represents a $3.96 dividend on an annualized basis and a yield of 3.69%. Exxon Mobil’s payout ratio is 50.51%.

Exxon Mobil 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.