Exxon Mobil Co. (NYSE:XOM) Shares Sold by Consilio Wealth Advisors LLC

Consilio Wealth Advisors LLC decreased its holdings in shares of Exxon Mobil Co. (NYSE:XOM) by 1.7% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 7,157 shares of the oil and gas company’s stock after selling 125 shares during the quarter. Consilio Wealth Advisors LLC’s holdings in Exxon Mobil were worth $770,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of XOM. Eagle Capital Management LLC grew its position in Exxon Mobil by 4.9% in the 2nd quarter. Eagle Capital Management LLC now owns 2,460 shares of the oil and gas company’s stock worth $283,000 after purchasing an additional 114 shares during the last quarter. Executive Wealth Management LLC grew its position in Exxon Mobil by 10.2% in the 2nd quarter. Executive Wealth Management LLC now owns 11,712 shares of the oil and gas company’s stock worth $1,348,000 after purchasing an additional 1,087 shares during the last quarter. Prevail Innovative Wealth Advisors LLC grew its position in Exxon Mobil by 88.1% in the 2nd quarter. Prevail Innovative Wealth Advisors LLC now owns 4,681 shares of the oil and gas company’s stock worth $539,000 after purchasing an additional 2,192 shares during the last quarter. TradeLink Capital LLC bought a new position in Exxon Mobil in the 2nd quarter worth about $737,000. Finally, GHP Investment Advisors Inc. grew its position in Exxon Mobil by 8.4% in the 2nd quarter. GHP Investment Advisors Inc. now owns 56,740 shares of the oil and gas company’s stock worth $6,532,000 after purchasing an additional 4,411 shares during the last quarter. Institutional investors and hedge funds own 61.80% of the company’s stock.

Exxon Mobil Stock Up 2.6 %

Shares of NYSE:XOM opened at $109.27 on Tuesday. The company has a debt-to-equity ratio of 0.13, a quick ratio of 1.01 and a current ratio of 1.35. The company has a market cap of $480.25 billion, a PE ratio of 13.61, a price-to-earnings-growth ratio of 4.65 and a beta of 0.91. Exxon Mobil Co. has a 52 week low of $95.77 and a 52 week high of $126.34. The firm has a 50 day simple moving average of $113.31 and a 200 day simple moving average of $115.61.

Exxon Mobil (NYSE:XOM) last issued its quarterly earnings results on Friday, November 1st. The oil and gas company reported $1.92 EPS for the quarter, beating the consensus estimate of $1.91 by $0.01. The business had revenue of $90.02 billion during the quarter, compared to the consensus estimate of $93.98 billion. Exxon Mobil had a net margin of 9.61% and a return on equity of 14.73%. The firm’s quarterly revenue was down .8% on a year-over-year basis. During the same quarter in the prior year, the firm earned $2.27 EPS. As a group, research analysts expect that Exxon Mobil Co. will post 7.95 earnings per share for the current year.

Exxon Mobil Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, December 10th. Investors of record on Thursday, November 14th were given a $0.99 dividend. This represents a $3.96 annualized dividend and a dividend yield of 3.62%. The ex-dividend date was Thursday, November 14th. This is an increase from Exxon Mobil’s previous quarterly dividend of $0.95. Exxon Mobil’s dividend payout ratio is 49.32%.

Analyst Upgrades and Downgrades

Several research firms have commented on XOM. Royal Bank of Canada restated a “sector perform” rating and issued a $115.00 target price on shares of Exxon Mobil in a research report on Thursday, December 12th. Wells Fargo & Company upped their target price on shares of Exxon Mobil from $135.00 to $136.00 and gave the stock an “overweight” rating in a research report on Friday, September 27th. Piper Sandler decreased their price objective on shares of Exxon Mobil from $138.00 to $127.00 and set an “overweight” rating for the company in a report on Thursday, December 19th. Wolfe Research increased their price objective on shares of Exxon Mobil from $137.00 to $138.00 in a report on Thursday, October 31st. Finally, Morgan Stanley decreased their price objective on shares of Exxon Mobil from $142.00 to $140.00 in a report on Thursday, October 31st. One research analyst has rated the stock with a sell rating, seven have assigned a hold rating, ten have assigned a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat, the stock 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.