Murphy Middleton Hinkle & Parker Inc. Sells 792 Shares of Exxon Mobil Co. (NYSE:XOM)

Murphy Middleton Hinkle & Parker Inc. decreased its position in Exxon Mobil Co. (NYSE:XOM) by 7.6% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 9,576 shares of the oil and gas company’s stock after selling 792 shares during the period. Murphy Middleton Hinkle & Parker Inc.’s holdings in Exxon Mobil were worth $1,030,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of the company. Arbor Trust Wealth Advisors LLC boosted its stake in Exxon Mobil by 67.3% in the 4th quarter. Arbor Trust Wealth Advisors LLC now owns 14,945 shares of the oil and gas company’s stock worth $1,608,000 after purchasing an additional 6,012 shares in the last quarter. McElhenny Sheffield Capital Management LLC boosted its stake in Exxon Mobil by 5.0% in the 4th quarter. McElhenny Sheffield Capital Management LLC now owns 69,274 shares of the oil and gas company’s stock worth $7,452,000 after purchasing an additional 3,320 shares in the last quarter. Kelly Financial Services LLC boosted its stake in Exxon Mobil by 2.1% in the 4th quarter. Kelly Financial Services LLC now owns 5,720 shares of the oil and gas company’s stock worth $615,000 after purchasing an additional 116 shares in the last quarter. Cadinha & Co. LLC boosted its stake in Exxon Mobil by 2.4% in the 4th quarter. Cadinha & Co. LLC now owns 140,965 shares of the oil and gas company’s stock worth $15,164,000 after purchasing an additional 3,354 shares in the last quarter. Finally, Stillwater Capital Advisors LLC boosted its stake in Exxon Mobil by 1.5% in the 4th quarter. Stillwater Capital Advisors LLC now owns 146,922 shares of the oil and gas company’s stock worth $15,804,000 after purchasing an additional 2,159 shares in the last quarter. Institutional investors own 61.80% of the company’s stock.

Exxon Mobil Trading Up 0.9 %

Exxon Mobil stock opened at $112.37 on Tuesday. Exxon Mobil Co. has a 12-month low of $95.77 and a 12-month high of $126.34. The company has a current ratio of 1.35, a quick ratio of 1.01 and a debt-to-equity ratio of 0.13. The firm has a market capitalization of $493.89 billion, a price-to-earnings ratio of 13.99, a P/E/G ratio of 2.70 and a beta of 0.91. The firm has a 50 day moving average of $112.56 and a 200 day moving average of $115.51.

Exxon Mobil (NYSE:XOM) last posted its quarterly earnings results on Friday, November 1st. The oil and gas company reported $1.92 earnings per share for the quarter, topping the consensus estimate of $1.91 by $0.01. Exxon Mobil had a return on equity of 14.73% and a net margin of 9.61%. The business had revenue of $90.02 billion during the quarter, compared to the consensus estimate of $93.98 billion. During the same period in the prior year, the company posted $2.27 EPS. The firm’s revenue for the quarter was down .8% compared to the same quarter last year. As a group, research analysts predict that Exxon Mobil Co. will post 7.86 earnings per share for the current year.

Exxon Mobil Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, December 10th. Shareholders of record on Thursday, November 14th were paid a $0.99 dividend. This represents a $3.96 annualized dividend and a yield of 3.52%. This is an increase from Exxon Mobil’s previous quarterly dividend of $0.95. The ex-dividend date of this dividend was Thursday, November 14th. Exxon Mobil’s dividend payout ratio is presently 49.32%.

Analyst Ratings Changes

A number of equities analysts recently issued reports on the stock. BNP Paribas cut shares of Exxon Mobil from a “neutral” rating to an “underperform” rating and set a $105.00 price target on the stock. in a research note on Wednesday, October 9th. Royal Bank of Canada reissued a “sector perform” rating and issued a $115.00 target price on shares of Exxon Mobil in a research report on Thursday, December 12th. TD Cowen decreased their target price on Exxon Mobil from $132.00 to $128.00 and set a “buy” rating for the company in a research report on Monday, December 16th. Truist Financial boosted their target price on Exxon Mobil from $117.00 to $119.00 and gave the stock a “hold” rating in a research report on Monday, January 13th. Finally, Morgan Stanley decreased their target price on Exxon Mobil from $142.00 to $140.00 in a research report on Thursday, October 31st. One analyst has rated the stock with a sell rating, seven have given a hold rating, ten have issued a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, Exxon Mobil presently has a consensus rating of “Moderate Buy” and an average target price of $128.84.

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.