Exxon Mobil Co. (NYSE:XOM) Shares Sold by Bryn Mawr Capital Management LLC

Bryn Mawr Capital Management LLC lessened its holdings in Exxon Mobil Co. (NYSE:XOM) by 8.3% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 123,625 shares of the oil and gas company’s stock after selling 11,247 shares during the period. Bryn Mawr Capital Management LLC’s holdings in Exxon Mobil were worth $13,298,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also modified their holdings of XOM. Valmark Advisers Inc. raised its holdings in shares of Exxon Mobil by 2.9% in the 3rd quarter. Valmark Advisers Inc. now owns 53,996 shares of the oil and gas company’s stock valued at $6,329,000 after buying an additional 1,533 shares during the period. Fidelis Capital Partners LLC raised its holdings in shares of Exxon Mobil by 2.0% in the 3rd quarter. Fidelis Capital Partners LLC now owns 77,095 shares of the oil and gas company’s stock valued at $9,272,000 after buying an additional 1,548 shares during the period. Lodestar Private Asset Management LLC raised its holdings in shares of Exxon Mobil by 1.1% in the 3rd quarter. Lodestar Private Asset Management LLC now owns 9,919 shares of the oil and gas company’s stock valued at $1,163,000 after buying an additional 108 shares during the period. Highview Capital Management LLC DE purchased a new stake in shares of Exxon Mobil in the 3rd quarter valued at $1,651,000. Finally, Avitas Wealth Management LLC raised its holdings in shares of Exxon Mobil by 1.4% in the 3rd quarter. Avitas Wealth Management LLC now owns 55,412 shares of the oil and gas company’s stock valued at $6,495,000 after buying an additional 780 shares during the period. Institutional investors and hedge funds own 61.80% of the company’s stock.

Analyst Ratings Changes

XOM has been the topic of several research analyst reports. BMO Capital Markets cut their price objective on Exxon Mobil from $130.00 to $123.00 and set a “market perform” rating on the stock in a report on Friday, January 31st. The Goldman Sachs Group cut their price objective on Exxon Mobil from $125.00 to $123.00 and set a “neutral” rating on the stock in a report on Friday, January 31st. Morgan Stanley boosted their price objective on Exxon Mobil from $139.00 to $140.00 in a report on Friday, January 31st. JPMorgan Chase & Co. cut their price target on Exxon Mobil from $130.00 to $125.00 and set an “overweight” rating on the stock in a report on Monday, December 16th. Finally, Scotiabank cut their price target on Exxon Mobil from $145.00 to $140.00 in a report on Friday, January 31st. One investment analyst has rated the stock with a sell rating, eight have issued a hold rating, eleven have issued a buy rating and two have issued a strong buy rating to the company’s stock. According to data from MarketBeat.com, Exxon Mobil presently has an average rating of “Moderate Buy” and a consensus price target of $129.25.

Exxon Mobil Trading Up 1.1 %

XOM opened at $111.33 on Friday. Exxon Mobil Co. has a one year low of $104.03 and a one year high of $126.34. The company has a market cap of $483.08 billion, a P/E ratio of 14.20, a PEG ratio of 3.02 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 business’s 50-day simple moving average is $108.95 and its 200-day simple moving average is $114.26.

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 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 previous year, the company posted $2.48 earnings per share. As a group, equities research analysts expect that Exxon Mobil Co. will post 7.43 EPS for the current fiscal year.

Exxon Mobil Announces Dividend

The company 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 $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 3.56%. Exxon Mobil’s dividend payout ratio (DPR) is presently 50.51%.

Insider Activity at Exxon Mobil

In related news, VP Darrin L. Talley sold 2,100 shares of the company’s stock in a transaction dated Tuesday, February 4th. The stock was sold at an average price of $110.00, for a total value of $231,000.00. Following the completion of the sale, 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 position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Insiders own 0.03% of the company’s stock.

Exxon Mobil 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.