Nadler Financial Group Inc. lowered its holdings in shares of Exxon Mobil Co. (NYSE:XOM – Get Rating) by 1.7% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 10,259 shares of the oil and gas company’s stock after selling 173 shares during the quarter. Nadler Financial Group Inc.’s holdings in Exxon Mobil were worth $1,132,000 at the end of the most recent reporting period.
Several other institutional investors also recently bought and sold shares of the business. My Personal CFO LLC lifted its stake in Exxon Mobil by 15,000.0% in the 4th quarter. My Personal CFO LLC now owns 302 shares of the oil and gas company’s stock valued at $262,000 after buying an additional 300 shares in the last quarter. Karp Capital Management Corp acquired a new position in shares of Exxon Mobil during the third quarter valued at approximately $28,000. Clear Perspectives Financial Planning LLC lifted 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 acquiring an additional 272 shares in the last quarter. Align Wealth Management LLC acquired a new stake in shares of Exxon Mobil in the fourth quarter worth approximately $38,000. Finally, Mine & Arao Wealth Creation & Management LLC. increased its position in shares of Exxon Mobil by 61.7% during the third quarter. Mine & Arao Wealth Creation & Management LLC. now owns 443 shares of the oil and gas company’s stock worth $39,000 after purchasing an additional 169 shares in the last quarter. 57.49% of the stock is owned by institutional investors and hedge funds.
Analyst Ratings Changes
Several brokerages have issued reports on XOM. Truist Financial lifted their target price on shares of Exxon Mobil from $110.00 to $116.00 and gave the stock a “hold” rating in a research note on Tuesday, April 11th. StockNews.com started coverage on shares of Exxon Mobil in a research report on Thursday, March 16th. They set a “hold” rating on the stock. Cowen increased their price objective on shares of Exxon Mobil from $108.00 to $113.00 and gave the company a “market perform” rating in a report on Thursday, February 2nd. B. Riley boosted their target price on Exxon Mobil from $128.00 to $133.00 and gave the stock a “buy” rating in a report on Thursday, February 2nd. Finally, Piper Sandler cut 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. One equities research analyst has rated the stock with a sell rating, eight have issued a hold rating and fourteen have given a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $121.91.
Insider Buying and Selling
Exxon Mobil Stock Down 1.2 %
Shares of NYSE:XOM opened at $114.70 on Tuesday. The firm’s 50-day moving average is $110.92 and its two-hundred day moving average is $109.13. 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 $79.29 and a 1 year high of $119.63. The firm has a market capitalization of $466.94 billion, a PE ratio of 8.65, a price-to-earnings-growth ratio of 0.54 and a beta of 1.08.
Exxon Mobil (NYSE:XOM – Get Rating) last announced its 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 net margin of 13.47% and a return on equity of 31.25%. The firm had revenue of $95.43 billion for the quarter, compared to the consensus estimate of $90.21 billion. During the same period in the prior year, the firm earned $2.05 EPS. The firm’s revenue for the quarter was up 12.3% on a year-over-year basis. Analysts predict that Exxon Mobil Co. will post 9.95 EPS for the current year.
Exxon Mobil Announces Dividend
The business also recently announced a quarterly dividend, which was paid on Friday, March 10th. Investors of record on Tuesday, February 14th were issued a $0.91 dividend. The ex-dividend date was Monday, February 13th. This represents a $3.64 dividend on an annualized basis and a yield of 3.17%. Exxon Mobil’s dividend payout ratio (DPR) is presently 27.45%.
About Exxon Mobil
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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