Fiduciary Group LLC Sells 91 Shares of Exxon Mobil Co. (NYSE:XOM)

Fiduciary Group LLC reduced its stake in Exxon Mobil Co. (NYSE:XOM) by 0.2% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 53,063 shares of the oil and gas company’s stock after selling 91 shares during the period. Fiduciary Group LLC’s holdings in Exxon Mobil were worth $5,708,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in XOM. Teacher Retirement System of Texas boosted its holdings in Exxon Mobil by 61.3% in the 4th quarter. Teacher Retirement System of Texas now owns 1,464,885 shares of the oil and gas company’s stock valued at $157,578,000 after purchasing an additional 556,443 shares during the period. First National Bank of Hutchinson boosted its stake in Exxon Mobil by 5.1% during the fourth quarter. First National Bank of Hutchinson now owns 4,497 shares of the oil and gas company’s stock valued at $484,000 after buying an additional 217 shares during the period. Sandy Spring Bank boosted its stake in Exxon Mobil by 1.6% during the fourth quarter. Sandy Spring Bank now owns 107,531 shares of the oil and gas company’s stock valued at $11,567,000 after buying an additional 1,718 shares during the period. Royal London Asset Management Ltd. boosted its stake in Exxon Mobil by 1.9% during the fourth quarter. Royal London Asset Management Ltd. now owns 2,148,024 shares of the oil and gas company’s stock valued at $231,063,000 after buying an additional 39,039 shares during the period. Finally, Next Capital Management LLC bought a new stake in shares of Exxon Mobil during the 4th quarter valued at about $629,000. 61.80% of the stock is owned by institutional investors.

Insiders Place Their Bets

In related news, VP Darrin L. Talley sold 2,100 shares of the 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 completion of the transaction, the vice president now directly 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 transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Company insiders own 0.03% of the company’s stock.

Analysts Set New Price Targets

A number of analysts have recently issued reports on XOM shares. Bernstein Bank lifted their price target on Exxon Mobil from $138.00 to $144.00 and gave the company an “overweight” rating in a research report on Friday, January 31st. Scotiabank dropped their target price on shares of Exxon Mobil from $145.00 to $140.00 in a research report on Friday, January 31st. The Goldman Sachs Group dropped their price objective on shares of Exxon Mobil from $125.00 to $123.00 and set a “neutral” rating for the company in a report on Friday, January 31st. UBS Group dropped their price objective on shares of Exxon Mobil from $149.00 to $147.00 and set a “buy” rating for the company in a report on Thursday, December 12th. Finally, Wells Fargo & Company dropped their price target on Exxon Mobil from $136.00 to $135.00 and set an “overweight” rating for the company in a research note on Monday, February 3rd. One research analyst has rated the stock with a sell rating, eight have given a hold rating, eleven have given a buy rating and two have given a strong buy rating to the company. Based on data from MarketBeat, Exxon Mobil has an average rating of “Moderate Buy” and a consensus price target of $129.15.

Exxon Mobil Stock Performance

Shares of NYSE:XOM opened at $115.40 on Thursday. The company has a market cap of $500.75 billion, a price-to-earnings ratio of 14.72, a price-to-earnings-growth ratio of 3.02 and a beta of 0.83. The company has a 50-day moving average price of $109.74 and a 200-day moving average price of $113.59. 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 Co. has a 12 month low of $103.67 and a 12 month high of $126.34.

Exxon Mobil (NYSE:XOM) last released its quarterly earnings results on Friday, January 31st. The oil and gas company reported $1.67 EPS for the quarter, missing analysts’ consensus estimates 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 in the prior year, the business posted $2.48 EPS. As a group, equities analysts anticipate that Exxon Mobil Co. will post 7.43 EPS for the current year.

Exxon Mobil Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, March 10th. Investors of record on Wednesday, February 12th were issued a dividend of $0.99 per share. The ex-dividend date of this dividend was Wednesday, February 12th. This represents a $3.96 dividend on an annualized basis and a dividend yield of 3.43%. Exxon Mobil’s dividend payout ratio is presently 50.51%.

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.