Exxon Mobil Co. (NYSE:XOM) Shares Sold by RTD Financial Advisors Inc.

RTD Financial Advisors Inc. cut its stake in Exxon Mobil Co. (NYSE:XOM) by 2.2% during the 4th quarter, HoldingsChannel reports. The fund owned 7,706 shares of the oil and gas company’s stock after selling 176 shares during the period. RTD Financial Advisors Inc.’s holdings in Exxon Mobil were worth $829,000 as of its most recent SEC filing.

A number of other large investors have also recently added to or reduced their stakes in the stock. Global Wealth Management Investment Advisory Inc. raised its position in shares of Exxon Mobil by 10.7% during the 3rd quarter. Global Wealth Management Investment Advisory Inc. now owns 47,195 shares of the oil and gas company’s stock valued at $5,532,000 after acquiring an additional 4,578 shares in the last quarter. Massmutual Trust Co. FSB ADV increased its stake in Exxon Mobil by 4.7% during the third quarter. Massmutual Trust Co. FSB ADV now owns 133,140 shares of the oil and gas company’s stock valued at $15,607,000 after purchasing an additional 5,985 shares during the last quarter. Helen Stephens Group LLC raised its holdings in shares of Exxon Mobil by 7.3% during the fourth quarter. Helen Stephens Group LLC now owns 41,637 shares of the oil and gas company’s stock worth $4,479,000 after purchasing an additional 2,825 shares during the period. Brooklyn Investment Group lifted its position in shares of Exxon Mobil by 36.8% in the 3rd quarter. Brooklyn Investment Group now owns 25,127 shares of the oil and gas company’s stock worth $2,945,000 after buying an additional 6,753 shares during the last quarter. Finally, Parthenon LLC boosted its holdings in shares of Exxon Mobil by 2.4% in the 3rd quarter. Parthenon LLC now owns 191,590 shares of the oil and gas company’s stock valued at $22,458,000 after buying an additional 4,445 shares during the period. 61.80% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

XOM has been the topic of a number of recent research reports. JPMorgan Chase & Co. cut their target price on shares of Exxon Mobil from $130.00 to $125.00 and set an “overweight” rating on the stock in a report on Monday, December 16th. Morgan Stanley reduced their price objective on Exxon Mobil from $142.00 to $140.00 in a research report on Thursday, October 31st. The Goldman Sachs Group increased their target price on Exxon Mobil from $118.00 to $120.00 in a research report on Thursday, October 31st. Royal Bank of Canada reissued a “sector perform” rating and set a $115.00 price target on shares of Exxon Mobil in a report on Thursday, December 12th. Finally, Truist Financial increased their price objective on shares of Exxon Mobil from $117.00 to $119.00 and gave the stock a “hold” rating in a report on Monday, January 13th. One investment analyst has rated the stock with a sell rating, seven have given a hold rating, ten have issued a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $128.84.

Exxon Mobil Trading Down 2.0 %

Shares of Exxon Mobil stock opened at $107.99 on Wednesday. The business has a fifty day simple moving average of $111.35 and a 200-day simple moving average of $115.41. The firm has a market cap of $474.64 billion, a price-to-earnings ratio of 13.45, a price-to-earnings-growth ratio of 2.86 and a beta of 0.91. Exxon Mobil Co. has a fifty-two week low of $100.42 and a fifty-two week high of $126.34. The company has a quick ratio of 1.01, a current ratio of 1.35 and a debt-to-equity ratio of 0.13.

Exxon Mobil (NYSE:XOM) last released its earnings results on Friday, November 1st. The oil and gas company reported $1.92 EPS for the quarter, topping analysts’ consensus estimates of $1.91 by $0.01. The business had revenue of $90.02 billion for the quarter, compared to the consensus estimate of $93.98 billion. Exxon Mobil had a net margin of 9.61% and a return on equity of 14.73%. The business’s revenue for the quarter was down .8% on a year-over-year basis. During the same period in the previous year, the firm earned $2.27 EPS. On average, equities analysts forecast that Exxon Mobil Co. will post 7.77 EPS for the current fiscal year.

Exxon Mobil Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, December 10th. Stockholders of record on Thursday, November 14th were paid a dividend of $0.99 per share. The ex-dividend date was Thursday, November 14th. This is a positive change from Exxon Mobil’s previous quarterly dividend of $0.95. This represents a $3.96 annualized dividend and a dividend yield of 3.67%. Exxon Mobil’s dividend payout ratio (DPR) is currently 49.32%.

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.