Darrin L. Talley Sells 2,100 Shares of Exxon Mobil Co. (NYSE:XOM) Stock

Exxon Mobil Co. (NYSE:XOM) VP Darrin L. Talley sold 2,100 shares of the firm’s stock in a transaction that occurred on 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 owns 18,087 shares of the company’s stock, valued at approximately $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 accessible through this hyperlink.

Exxon Mobil Stock Down 1.4 %

Shares of NYSE:XOM opened at $108.33 on Friday. Exxon Mobil Co. has a 52-week low of $100.42 and a 52-week high of $126.34. The company has a market capitalization of $476.11 billion, a PE ratio of 13.82, a price-to-earnings-growth ratio of 2.79 and a beta of 0.89. The company has a debt-to-equity ratio of 0.14, a quick ratio of 0.97 and a current ratio of 1.31. The company has a fifty day moving average of $109.78 and a 200-day moving average of $115.05.

Exxon Mobil (NYSE:XOM) last issued its earnings results on Friday, January 31st. The oil and gas company reported $1.67 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.77 by ($0.10). Exxon Mobil had a return on equity of 12.92% and a net margin of 9.63%. During the same period last year, the firm posted $2.48 earnings per share. On average, equities analysts predict that Exxon Mobil Co. will post 7.65 EPS for the current fiscal year.

Exxon Mobil Announces Dividend

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

Wall Street Analyst Weigh In

Several equities analysts recently weighed in on XOM shares. Piper Sandler decreased their target price on shares of Exxon Mobil from $138.00 to $127.00 and set an “overweight” rating for the company in a research note on Thursday, December 19th. BMO Capital Markets lowered their price target on Exxon Mobil from $130.00 to $123.00 and set a “market perform” rating on the stock in a research report on Friday, January 31st. UBS Group cut their price target on Exxon Mobil from $149.00 to $147.00 and set a “buy” rating for the company in a report on Thursday, December 12th. Bank of America assumed coverage on Exxon Mobil in a research note on Thursday, October 17th. They set a “neutral” rating and a $124.00 target price on the stock. Finally, The Goldman Sachs Group lowered their price objective on Exxon Mobil from $125.00 to $123.00 and set a “neutral” rating on the stock in a research note on Friday, January 31st. One research analyst has rated the stock with a sell rating, eight have issued a hold rating, eleven have issued a buy rating and two have assigned a strong buy rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $129.25.

Institutional Investors Weigh In On Exxon Mobil

A number of institutional investors have recently added to or reduced their stakes in the business. Freestone Capital Holdings LLC lifted its holdings in shares of Exxon Mobil by 0.9% during the fourth quarter. Freestone Capital Holdings LLC now owns 175,511 shares of the oil and gas company’s stock worth $18,880,000 after purchasing an additional 1,641 shares during the period. SP Asset Management LLC raised its position in Exxon Mobil by 0.8% during the 4th quarter. SP Asset Management LLC now owns 78,059 shares of the oil and gas company’s stock worth $8,397,000 after purchasing an additional 636 shares during the last quarter. Washington Trust Advisors Inc. lifted its holdings in Exxon Mobil by 1.0% during the 4th quarter. Washington Trust Advisors Inc. now owns 86,350 shares of the oil and gas company’s stock worth $9,289,000 after buying an additional 822 shares during the period. Beacon Harbor Wealth Advisors Inc. grew its position in shares of Exxon Mobil by 3.7% in the 4th quarter. Beacon Harbor Wealth Advisors Inc. now owns 61,472 shares of the oil and gas company’s stock valued at $6,613,000 after buying an additional 2,185 shares during the last quarter. Finally, Inceptionr LLC bought a new position in shares of Exxon Mobil during the fourth quarter worth about $2,390,000. 61.80% of the stock is owned by institutional investors.

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.