Roffman Miller Associates Inc. PA Sells 262 Shares of Exxon Mobil Co. (NYSE:XOM)

Roffman Miller Associates Inc. PA lessened its holdings in shares of Exxon Mobil Co. (NYSE:XOM) by 0.6% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 42,990 shares of the oil and gas company’s stock after selling 262 shares during the quarter. Roffman Miller Associates Inc. PA’s holdings in Exxon Mobil were worth $5,039,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in XOM. Austin Private Wealth LLC raised its stake in Exxon Mobil by 1.3% during the 2nd quarter. Austin Private Wealth LLC now owns 40,593 shares of the oil and gas company’s stock valued at $4,673,000 after purchasing an additional 529 shares during the period. Dynamic Advisor Solutions LLC grew its holdings in Exxon Mobil by 89.0% during the 2nd quarter. Dynamic Advisor Solutions LLC now owns 107,358 shares of the oil and gas company’s stock valued at $12,359,000 after buying an additional 50,544 shares in the last quarter. Quantum Financial Advisors LLC grew its holdings in Exxon Mobil by 23.2% during the 2nd quarter. Quantum Financial Advisors LLC now owns 9,721 shares of the oil and gas company’s stock valued at $1,119,000 after buying an additional 1,833 shares in the last quarter. Diligent Investors LLC grew its holdings in Exxon Mobil by 59.5% during the 2nd quarter. Diligent Investors LLC now owns 13,580 shares of the oil and gas company’s stock valued at $1,563,000 after buying an additional 5,066 shares in the last quarter. Finally, FLC Capital Advisors grew its holdings in Exxon Mobil by 9.4% during the 2nd quarter. FLC Capital Advisors now owns 43,788 shares of the oil and gas company’s stock valued at $5,041,000 after buying an additional 3,775 shares in the last quarter. Institutional investors own 61.80% of the company’s stock.

Exxon Mobil Trading Down 1.1 %

XOM opened at $113.57 on Monday. The firm has a market cap of $499.15 billion, a price-to-earnings ratio of 14.14, a PEG ratio of 4.77 and a beta of 0.89. The company has a current ratio of 1.35, a quick ratio of 1.01 and a debt-to-equity ratio of 0.13. Exxon Mobil Co. has a 12 month low of $95.77 and a 12 month high of $126.34. The stock has a fifty day moving average price of $119.77 and a 200-day moving average price of $116.47.

Exxon Mobil (NYSE:XOM) last announced its earnings results on Friday, November 1st. The oil and gas company reported $1.92 earnings per share for the quarter, topping the consensus estimate of $1.91 by $0.01. Exxon Mobil had a return on equity of 14.73% and a net margin of 9.61%. The firm had revenue of $90.02 billion for the quarter, compared to the consensus estimate of $93.98 billion. During the same period in the previous year, the business earned $2.27 EPS. The firm’s revenue for the quarter was down .8% on a year-over-year basis. As a group, equities research analysts anticipate that Exxon Mobil Co. will post 7.94 earnings per share for the current fiscal year.

Exxon Mobil Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, December 10th. Investors of record on Thursday, November 14th will be paid a dividend of $0.99 per share. This represents a $3.96 annualized dividend and a yield of 3.49%. This is an increase from Exxon Mobil’s previous quarterly dividend of $0.95. The ex-dividend date of this dividend is Thursday, November 14th. Exxon Mobil’s payout ratio is 49.32%.

Analyst Ratings Changes

Several equities analysts have weighed in on the company. Truist Financial cut their price target on Exxon Mobil from $121.00 to $117.00 and set a “hold” rating for the company in a report on Monday, September 30th. Barclays cut their price target on Exxon Mobil from $142.00 to $137.00 and set an “overweight” rating for the company in a report on Thursday, October 3rd. UBS Group cut their price target on Exxon Mobil from $157.00 to $149.00 and set a “buy” rating for the company in a report on Wednesday, September 18th. JPMorgan Chase & Co. lifted their target price on Exxon Mobil from $127.00 to $128.00 in a report on Thursday, October 31st. Finally, Wells Fargo & Company lifted their target price on Exxon Mobil from $135.00 to $136.00 and gave the stock an “overweight” rating in a report on Friday, September 27th. One analyst has rated the stock with a sell rating, eight have given a hold rating, nine have assigned a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, Exxon Mobil has an average rating of “Moderate Buy” and an average price target of $129.95.

Exxon Mobil Company 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.