One Day In July LLC Sells 442 Shares of Exxon Mobil Co. (NYSE:XOM)

One Day In July LLC lowered its stake in Exxon Mobil Co. (NYSE:XOM) by 5.3% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 7,974 shares of the oil and gas company’s stock after selling 442 shares during the quarter. One Day In July LLC’s holdings in Exxon Mobil were worth $858,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently made changes to their positions in XOM. Pacer Advisors Inc. lifted its holdings in shares of Exxon Mobil by 1,524.1% in the fourth quarter. Pacer Advisors Inc. now owns 5,445,922 shares of the oil and gas company’s stock worth $585,818,000 after acquiring an additional 5,110,603 shares during the last quarter. Franklin Resources Inc. raised its holdings in Exxon Mobil by 16.3% in the 3rd quarter. Franklin Resources Inc. now owns 31,522,556 shares of the oil and gas company’s stock valued at $3,936,929,000 after buying an additional 4,415,012 shares during the last quarter. Strategic Financial Concepts LLC raised its holdings in Exxon Mobil by 11,131.0% in the 4th quarter. Strategic Financial Concepts LLC now owns 1,792,811 shares of the oil and gas company’s stock valued at $192,853,000 after buying an additional 1,776,848 shares during the last quarter. Geode Capital Management LLC raised its holdings in Exxon Mobil by 1.8% in the 3rd quarter. Geode Capital Management LLC now owns 92,194,981 shares of the oil and gas company’s stock valued at $10,777,735,000 after buying an additional 1,622,064 shares during the last quarter. Finally, Massachusetts Financial Services Co. MA raised its holdings in Exxon Mobil by 9.0% in the 3rd quarter. Massachusetts Financial Services Co. MA now owns 18,328,008 shares of the oil and gas company’s stock valued at $2,148,409,000 after buying an additional 1,512,694 shares during the last quarter. Institutional investors own 61.80% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts recently issued reports on the stock. Morgan Stanley raised their price objective on shares of Exxon Mobil from $139.00 to $140.00 in a report on Friday, January 31st. TD Cowen dropped their price objective on shares of Exxon Mobil from $132.00 to $128.00 and set a “buy” rating for the company in a report on Monday, December 16th. Scotiabank dropped their price objective on shares of Exxon Mobil from $145.00 to $140.00 in a report on Friday, January 31st. Argus raised shares of Exxon Mobil to a “strong-buy” rating in a research report on Tuesday, February 4th. Finally, Royal Bank of Canada restated a “sector perform” rating and set a $115.00 price target on shares of Exxon Mobil in a report on Monday, February 3rd. One equities research analyst has rated the stock with a sell rating, eight have assigned a hold rating, eleven have given a buy rating and two have assigned a strong buy rating to the company. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $129.25.

Exxon Mobil Stock Performance

NYSE:XOM opened at $110.67 on Monday. The company has a fifty day moving average of $108.60 and a 200-day moving average of $114.48. The firm has a market capitalization of $480.20 billion, a P/E ratio of 14.12, a P/E/G ratio of 3.02 and a beta of 0.89. The company has a quick ratio of 0.97, a current ratio of 1.31 and a debt-to-equity ratio of 0.14. Exxon Mobil Co. has a twelve month low of $102.88 and a twelve month high of $126.34.

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

Exxon Mobil Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, March 10th. Shareholders of record on Wednesday, February 12th will be paid a dividend of $0.99 per share. The ex-dividend date is Wednesday, February 12th. This represents a $3.96 dividend on an annualized basis and a yield of 3.58%. Exxon Mobil’s dividend payout ratio (DPR) is presently 50.51%.

Insider Buying and Selling at Exxon Mobil

In other Exxon Mobil news, VP Darrin L. Talley sold 2,100 shares of the business’s stock in a transaction on Tuesday, February 4th. The shares were sold at an average price of $110.00, for a total transaction of $231,000.00. Following the completion of the sale, the vice president now owns 18,087 shares in the company, valued at approximately $1,989,570. The trade was a 10.40 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 0.03% of the stock is currently owned by company insiders.

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.