Exxon Mobil Co. (NYSE:XOM) Shares Sold by Presilium Private Wealth LLC

Presilium Private Wealth LLC decreased its holdings in shares of Exxon Mobil Co. (NYSE:XOM) by 21.3% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 19,399 shares of the oil and gas company’s stock after selling 5,259 shares during the period. Exxon Mobil comprises approximately 0.5% of Presilium Private Wealth LLC’s investment portfolio, making the stock its 25th largest holding. Presilium Private Wealth LLC’s holdings in Exxon Mobil were worth $2,087,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in XOM. Eagle Capital Management LLC lifted its position in shares of Exxon Mobil by 4.9% during the 2nd quarter. Eagle Capital Management LLC now owns 2,460 shares of the oil and gas company’s stock valued at $283,000 after buying an additional 114 shares in the last quarter. Black Diamond Financial LLC lifted its position in shares of Exxon Mobil by 129.9% during the 2nd quarter. Black Diamond Financial LLC now owns 5,051 shares of the oil and gas company’s stock valued at $582,000 after buying an additional 2,854 shares in the last quarter. Massachusetts Financial Services Co. MA lifted its holdings in Exxon Mobil by 532.8% in the 2nd quarter. Massachusetts Financial Services Co. MA now owns 16,815,314 shares of the oil and gas company’s stock valued at $1,935,779,000 after purchasing an additional 14,158,054 shares in the last quarter. Dimensional Fund Advisors LP lifted its holdings in Exxon Mobil by 16.9% in the 2nd quarter. Dimensional Fund Advisors LP now owns 36,794,077 shares of the oil and gas company’s stock valued at $4,235,972,000 after purchasing an additional 5,330,887 shares in the last quarter. Finally, Sierra Summit Advisors LLC lifted its holdings in Exxon Mobil by 11.5% in the 2nd quarter. Sierra Summit Advisors LLC now owns 4,632 shares of the oil and gas company’s stock valued at $533,000 after purchasing an additional 479 shares in the last quarter. Hedge funds and other institutional investors own 61.80% of the company’s stock.

Analyst Ratings Changes

A number of research analysts have weighed in on XOM shares. TD Cowen decreased their price objective on Exxon Mobil from $132.00 to $128.00 and set a “buy” rating on the stock in a report on Monday, December 16th. Redburn Atlantic restated a “neutral” rating and issued a $120.00 price objective (up previously from $119.00) on shares of Exxon Mobil in a report on Tuesday, September 24th. Royal Bank of Canada restated a “sector perform” rating and issued a $115.00 price objective on shares of Exxon Mobil in a report on Thursday, December 12th. Piper Sandler decreased their price objective on Exxon Mobil from $138.00 to $127.00 and set an “overweight” rating on the stock in a report on Thursday, December 19th. Finally, BMO Capital Markets raised their price objective on Exxon Mobil from $127.00 to $130.00 and gave the company a “market perform” rating in a report on Friday, October 4th. One equities research analyst has rated the stock with a sell rating, seven have issued a hold rating, ten have issued a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, Exxon Mobil has an average rating of “Moderate Buy” and a consensus target price of $128.84.

Exxon Mobil Stock Up 1.6 %

Shares of NYSE:XOM opened at $111.44 on Thursday. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.35 and a quick ratio of 1.01. The firm has a market capitalization of $489.79 billion, a PE ratio of 13.88, a price-to-earnings-growth ratio of 4.65 and a beta of 0.91. The firm’s 50-day moving average is $113.12 and its two-hundred day moving average is $115.58. Exxon Mobil Co. has a 1 year low of $95.77 and a 1 year high of $126.34.

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

Exxon Mobil Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, December 10th. Stockholders of record on Thursday, November 14th were given a dividend of $0.99 per share. The ex-dividend date of this dividend was Thursday, November 14th. This is an increase from Exxon Mobil’s previous quarterly dividend of $0.95. This represents a $3.96 dividend on an annualized basis and a dividend yield of 3.55%. Exxon Mobil’s payout ratio is currently 49.32%.

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.