Exxon Mobil Co. (NYSE:XOM) Shares Sold by M Holdings Securities Inc.

M Holdings Securities Inc. trimmed its holdings in Exxon Mobil Co. (NYSE:XOM) by 89.0% in the 4th quarter, according to its most recent disclosure with the SEC. The firm owned 2,792 shares of the oil and gas company’s stock after selling 22,519 shares during the period. M Holdings Securities Inc.’s holdings in Exxon Mobil were worth $300,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Mosley Wealth Management raised its holdings in Exxon Mobil by 20.1% in the 4th quarter. Mosley Wealth Management now owns 8,594 shares of the oil and gas company’s stock valued at $934,000 after buying an additional 1,440 shares during the period. KLP Kapitalforvaltning AS purchased a new stake in shares of Exxon Mobil in the 4th quarter valued at approximately $177,430,000. Knights of Columbus Asset Advisors LLC boosted its position in shares of Exxon Mobil by 0.9% during the 4th quarter. Knights of Columbus Asset Advisors LLC now owns 246,449 shares of the oil and gas company’s stock worth $26,511,000 after purchasing an additional 2,208 shares during the period. Umpqua Bank raised its position in Exxon Mobil by 12.9% in the fourth quarter. Umpqua Bank now owns 10,288 shares of the oil and gas company’s stock valued at $1,129,000 after purchasing an additional 1,179 shares during the period. Finally, Sfmg LLC boosted its position in shares of Exxon Mobil by 11.0% during the fourth quarter. Sfmg LLC now owns 20,938 shares of the oil and gas company’s stock worth $2,252,000 after buying an additional 2,082 shares during the period. Hedge funds and other institutional investors own 61.80% of the company’s stock.

Analyst Ratings Changes

XOM has been the topic of several research reports. BMO Capital Markets decreased their target price on Exxon Mobil from $130.00 to $123.00 and set a “market perform” rating on the stock in a research note on Friday, January 31st. Barclays lowered their price objective on shares of Exxon Mobil from $137.00 to $135.00 and set an “overweight” rating for the company in a research note on Tuesday, March 18th. Truist Financial increased their target price on shares of Exxon Mobil from $117.00 to $119.00 and gave the stock a “hold” rating in a report on Monday, January 13th. HSBC dropped their price target on shares of Exxon Mobil from $125.00 to $123.00 and set a “hold” rating for the company in a research note on Friday, January 31st. Finally, Morgan Stanley lifted their target price on Exxon Mobil from $139.00 to $140.00 in a report on Friday, January 31st. One 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. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $129.15.

Insider Activity at Exxon Mobil

In other Exxon Mobil news, VP Darrin L. Talley sold 2,100 shares of Exxon Mobil stock in a transaction 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 transaction, the vice president now directly owns 18,087 shares in the company, valued at approximately $1,989,570. The trade was a 10.40 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 0.03% of the stock is owned by insiders.

Exxon Mobil Price Performance

Shares of XOM opened at $115.30 on Friday. The firm has a fifty day moving average price of $110.09 and a 200 day moving average price of $113.57. The stock has a market cap of $500.29 billion, a PE ratio of 14.71, a price-to-earnings-growth ratio of 3.02 and a beta of 0.83. Exxon Mobil Co. has a 1-year low of $103.67 and a 1-year high of $126.34. The company has a debt-to-equity ratio of 0.14, a current ratio of 1.31 and a quick ratio of 0.97.

Exxon Mobil (NYSE:XOM) last released its quarterly 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 in the previous year, the company posted $2.48 EPS. As a group, sell-side analysts anticipate that Exxon Mobil Co. will post 7.43 EPS for the current year.

Exxon Mobil Announces Dividend

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

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.