Exxon Mobil Co. (NYSE:XOM) Shares Sold by Accretive Wealth Partners LLC

Accretive Wealth Partners LLC decreased its holdings in shares of Exxon Mobil Co. (NYSE:XOM) by 1.4% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 17,434 shares of the oil and gas company’s stock after selling 246 shares during the quarter. Accretive Wealth Partners LLC’s holdings in Exxon Mobil were worth $1,875,000 at the end of the most recent quarter.

Several other hedge funds have also made changes to their positions in XOM. Embree Financial Group increased its position in shares of Exxon Mobil by 1.3% during the 3rd quarter. Embree Financial Group now owns 30,282 shares of the oil and gas company’s stock valued at $3,550,000 after purchasing an additional 375 shares during the period. Alta Wealth Advisors LLC lifted its position in shares of Exxon Mobil by 69.9% in the 3rd quarter. Alta Wealth Advisors LLC now owns 5,619 shares of the oil and gas company’s stock valued at $659,000 after acquiring an additional 2,311 shares in the last quarter. Revolve Wealth Partners LLC boosted its position in shares of Exxon Mobil by 4.9% in the third quarter. Revolve Wealth Partners LLC now owns 8,975 shares of the oil and gas company’s stock worth $1,052,000 after buying an additional 422 shares during the period. Resonant Capital Advisors LLC grew its stake in Exxon Mobil by 2.0% during the 3rd quarter. Resonant Capital Advisors LLC now owns 49,165 shares of the oil and gas company’s stock valued at $5,763,000 after acquiring an additional 973 shares in the last quarter. Finally, New Century Financial Group LLC lifted its position in Exxon Mobil by 5.9% in the 3rd quarter. New Century Financial Group LLC now owns 6,720 shares of the oil and gas company’s stock worth $788,000 after buying an additional 373 shares in the last quarter. Institutional investors own 61.80% of the company’s stock.

Exxon Mobil Price Performance

Shares of NYSE XOM opened at $108.17 on Tuesday. The company has a fifty day moving average price of $108.78 and a 200 day moving average price of $114.67. Exxon Mobil Co. has a 1-year low of $100.60 and a 1-year high of $126.34. The firm has a market cap of $475.42 billion, a PE ratio of 13.80, a PEG ratio of 2.94 and a beta of 0.89. The company has a current ratio of 1.31, a quick ratio of 0.97 and a debt-to-equity ratio of 0.14.

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

Exxon Mobil Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, March 10th. Stockholders of record on Wednesday, February 12th will be given a $0.99 dividend. The ex-dividend date of this dividend is Wednesday, February 12th. This represents a $3.96 dividend on an annualized basis and a dividend yield of 3.66%. Exxon Mobil’s payout ratio is presently 50.51%.

Insider Transactions at Exxon Mobil

In other Exxon Mobil news, VP Darrin L. Talley sold 2,100 shares of the firm’s stock in a transaction dated Tuesday, February 4th. The shares were sold at an average price of $110.00, for a total value of $231,000.00. Following the transaction, the vice president now directly owns 18,087 shares of the company’s stock, valued at $1,989,570. This trade represents a 10.40 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 0.03% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts recently commented on the company. Wolfe Research increased their price objective on Exxon Mobil from $137.00 to $138.00 in a report on Thursday, October 31st. UBS Group reduced their price objective on Exxon Mobil from $149.00 to $147.00 and set a “buy” rating for the company in a research report on Thursday, December 12th. Wells Fargo & Company lowered their price target on Exxon Mobil from $136.00 to $135.00 and set an “overweight” rating on the stock in a research note on Monday, February 3rd. Morgan Stanley increased their price objective on shares of Exxon Mobil from $139.00 to $140.00 in a research note on Friday, January 31st. Finally, TD Cowen decreased their price target on Exxon Mobil from $132.00 to $128.00 and set a “buy” rating on the stock in a research note on Monday, December 16th. One investment analyst has rated the stock with a sell rating, eight have given a hold rating, eleven have issued a buy rating and two have given a strong buy rating to the stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $129.25.

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.