Exxon Mobil Co. (NYSE:XOM) is Schulhoff & Co. Inc.’s 3rd Largest Position

Schulhoff & Co. Inc. lessened its stake in shares of Exxon Mobil Co. (NYSE:XOM) by 0.2% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 79,045 shares of the oil and gas company’s stock after selling 120 shares during the period. Exxon Mobil makes up about 3.7% of Schulhoff & Co. Inc.’s portfolio, making the stock its 3rd biggest position. Schulhoff & Co. Inc.’s holdings in Exxon Mobil were worth $8,503,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also bought and sold shares of the stock. Keystone Financial Group Inc. acquired a new position in shares of Exxon Mobil in the 4th quarter valued at $36,000. Retirement Wealth Solutions LLC purchased a new stake in Exxon Mobil during the 4th quarter valued at about $46,000. Compass Planning Associates Inc purchased a new stake in Exxon Mobil during the 4th quarter valued at about $47,000. Compass Financial Services Inc acquired a new position in shares of Exxon Mobil in the fourth quarter valued at about $48,000. Finally, Peterson Financial Group Inc. purchased a new position in shares of Exxon Mobil in the third quarter worth about $51,000. Institutional investors and hedge funds own 61.80% of the company’s stock.

Insiders Place Their Bets

In other news, VP Darrin L. Talley sold 2,100 shares of Exxon Mobil stock in a transaction that occurred on Tuesday, February 4th. The stock was sold at an average price of $110.00, for a total value of $231,000.00. Following the sale, the vice president now directly owns 18,087 shares of the company’s stock, valued at $1,989,570. The trade was a 10.40 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. 0.03% of the stock is owned by company insiders.

Exxon Mobil Trading Up 1.1 %

Shares of NYSE:XOM opened at $111.33 on Friday. The firm has a market capitalization of $483.08 billion, a price-to-earnings ratio of 14.20, a price-to-earnings-growth ratio of 3.02 and a beta of 0.89. The business’s 50 day moving average price is $108.95 and its 200-day moving average price is $114.23. 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 Co. has a 1 year low of $104.03 and a 1 year high of $126.34.

Exxon Mobil (NYSE:XOM) last announced its earnings results on Friday, January 31st. The oil and gas company reported $1.67 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.77 by ($0.10). Exxon Mobil had a net margin of 9.63% and a return on equity of 12.92%. During the same quarter last year, the business posted $2.48 earnings per share. On average, equities research analysts forecast that Exxon Mobil Co. will post 7.43 earnings per share for the current fiscal year.

Exxon Mobil Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, March 10th. Investors of record on Wednesday, February 12th will be issued a $0.99 dividend. This represents a $3.96 annualized dividend and a yield of 3.56%. The ex-dividend date is Wednesday, February 12th. Exxon Mobil’s payout ratio is 50.51%.

Analyst Ratings Changes

Several brokerages recently weighed in on XOM. Scotiabank cut their price target on shares of Exxon Mobil from $145.00 to $140.00 in a report on Friday, January 31st. Royal Bank of Canada reiterated a “sector perform” rating and issued a $115.00 price objective on shares of Exxon Mobil in a research note on Monday, February 3rd. Wells Fargo & Company reduced their target price on shares of Exxon Mobil from $136.00 to $135.00 and set an “overweight” rating for the company in a report on Monday, February 3rd. Truist Financial upped their price target on shares of Exxon Mobil from $117.00 to $119.00 and gave the company a “hold” rating in a report on Monday, January 13th. Finally, The Goldman Sachs Group reduced their price objective on Exxon Mobil from $125.00 to $123.00 and set a “neutral” rating for the company in a research note on Friday, January 31st. One equities research analyst has rated the stock with a sell rating, eight have assigned a hold rating, eleven have given a buy rating and two have issued a strong buy rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $129.25.

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.