Exxon Mobil Co. (NYSE:XOM) Shares Sold by Bill Few Associates Inc.

Bill Few Associates Inc. decreased its position in shares of Exxon Mobil Co. (NYSE:XOM) by 0.7% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 46,128 shares of the oil and gas company’s stock after selling 327 shares during the quarter. Exxon Mobil accounts for approximately 1.7% of Bill Few Associates Inc.’s investment portfolio, making the stock its 14th largest holding. Bill Few Associates Inc.’s holdings in Exxon Mobil were worth $4,962,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of XOM. Peterson Wealth Advisors LLC lifted its stake in Exxon Mobil by 1.8% during the 4th quarter. Peterson Wealth Advisors LLC now owns 22,522 shares of the oil and gas company’s stock valued at $2,429,000 after acquiring an additional 389 shares during the period. Raleigh Capital Management Inc. increased its stake in shares of Exxon Mobil by 34.4% in the fourth quarter. Raleigh Capital Management Inc. now owns 25,052 shares of the oil and gas company’s stock worth $2,695,000 after acquiring an additional 6,407 shares during the period. D.B. Root & Company LLC raised its holdings in shares of Exxon Mobil by 1.0% during the fourth quarter. D.B. Root & Company LLC now owns 15,118 shares of the oil and gas company’s stock worth $1,626,000 after purchasing an additional 143 shares during the last quarter. Asset Planning Services Inc. LA ADV lifted its position in Exxon Mobil by 0.9% during the fourth quarter. Asset Planning Services Inc. LA ADV now owns 50,580 shares of the oil and gas company’s stock valued at $5,441,000 after purchasing an additional 450 shares during the period. Finally, Echo45 Advisors LLC boosted its holdings in Exxon Mobil by 9.4% in the fourth quarter. Echo45 Advisors LLC now owns 1,970 shares of the oil and gas company’s stock valued at $212,000 after purchasing an additional 170 shares during the last quarter. Hedge funds and other institutional investors own 61.80% of the company’s stock.

Analyst Upgrades and Downgrades

XOM has been the subject of a number of analyst reports. Bank of America started coverage on Exxon Mobil in a report on Thursday, October 17th. They issued a “neutral” rating and a $124.00 price target for the company. Wolfe Research boosted their target price on shares of Exxon Mobil from $137.00 to $138.00 in a research note on Thursday, October 31st. Barclays dropped their price target on shares of Exxon Mobil from $142.00 to $137.00 and set an “overweight” rating on the stock in a research report on Thursday, October 3rd. Piper Sandler lowered their target price on shares of Exxon Mobil from $138.00 to $127.00 and set an “overweight” rating on the stock in a research note on Thursday, December 19th. Finally, TD Cowen dropped their target price on Exxon Mobil from $132.00 to $128.00 and set a “buy” rating on the stock in a research report on Monday, December 16th. One equities research analyst has rated the stock with a sell rating, seven have assigned a hold rating, ten have given a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat.com, Exxon Mobil presently has a consensus rating of “Moderate Buy” and an average price target of $128.84.

Exxon Mobil Stock Down 1.4 %

NYSE XOM opened at $108.64 on Friday. The company has a quick ratio of 1.01, a current ratio of 1.35 and a debt-to-equity ratio of 0.13. Exxon Mobil Co. has a 52 week low of $99.61 and a 52 week high of $126.34. The business’s fifty day simple moving average is $111.56 and its 200-day simple moving average is $115.38. The firm has a market cap of $477.48 billion, a PE ratio of 13.53, a P/E/G ratio of 2.86 and a beta of 0.91.

Exxon Mobil (NYSE:XOM) last posted its earnings results on Friday, November 1st. The oil and gas company reported $1.92 earnings per share for the quarter, beating the consensus estimate 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%. Exxon Mobil’s revenue was down .8% on a year-over-year basis. During the same period in the previous year, the business posted $2.27 EPS. As a group, equities analysts anticipate that Exxon Mobil Co. will post 7.77 earnings per share for the current year.

Exxon Mobil Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, December 10th. Shareholders of record on Thursday, November 14th were paid a dividend of $0.99 per share. This is a boost from Exxon Mobil’s previous quarterly dividend of $0.95. The ex-dividend date of this dividend was Thursday, November 14th. This represents a $3.96 annualized dividend and a yield of 3.65%. Exxon Mobil’s dividend payout ratio (DPR) is 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.