Aufman Associates Inc decreased its stake in Exxon Mobil Co. (NYSE:XOM – Free Report) by 1.4% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 9,133 shares of the oil and gas company’s stock after selling 126 shares during the period. Exxon Mobil accounts for 0.7% of Aufman Associates Inc’s investment portfolio, making the stock its 16th largest holding. Aufman Associates Inc’s holdings in Exxon Mobil were worth $982,000 as of its most recent filing with the Securities and Exchange Commission.
Several other hedge funds and other institutional investors have also recently bought and sold shares of XOM. West Oak Capital LLC boosted its holdings in shares of Exxon Mobil by 0.6% in the 4th quarter. West Oak Capital LLC now owns 16,207 shares of the oil and gas company’s stock valued at $1,743,000 after buying an additional 92 shares during the period. Beacon Capital Management LLC boosted its position in Exxon Mobil by 1.1% during the 4th quarter. Beacon Capital Management LLC now owns 8,582 shares of the oil and gas company’s stock valued at $923,000 after purchasing an additional 93 shares during the period. Cadent Capital Advisors LLC grew its stake in Exxon Mobil by 0.3% during the 4th quarter. Cadent Capital Advisors LLC now owns 37,372 shares of the oil and gas company’s stock worth $4,020,000 after buying an additional 94 shares during the last quarter. Lincoln Capital LLC increased its position in Exxon Mobil by 1.1% in the fourth quarter. Lincoln Capital LLC now owns 8,521 shares of the oil and gas company’s stock worth $917,000 after buying an additional 94 shares during the period. Finally, Altus Wealth Group LLC lifted its stake in Exxon Mobil by 0.9% in the fourth quarter. Altus Wealth Group LLC now owns 10,130 shares of the oil and gas company’s stock valued at $1,090,000 after buying an additional 94 shares during the last quarter. 61.80% of the stock is currently owned by institutional investors and hedge funds.
Insider Buying and Selling
In other Exxon Mobil news, VP Darrin L. Talley sold 2,100 shares of the business’s stock in a transaction dated Tuesday, February 4th. The stock was sold at an average price of $110.00, for a total value of $231,000.00. Following the completion of the sale, the vice president now 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 filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.03% of the stock is currently owned by corporate insiders.
Exxon Mobil Stock Down 0.2 %
Exxon Mobil (NYSE:XOM – Get Free Report) last issued its quarterly earnings data on Friday, January 31st. The oil and gas company reported $1.67 earnings per share 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 in the prior year, the business posted $2.48 EPS. Equities research analysts forecast that Exxon Mobil Co. will post 7.43 EPS for the current fiscal year.
Exxon Mobil Announces Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Monday, March 10th. Investors of record on Wednesday, February 12th were paid a $0.99 dividend. This represents a $3.96 annualized dividend and a dividend yield of 3.37%. The ex-dividend date was Wednesday, February 12th. Exxon Mobil’s payout ratio is presently 50.51%.
Wall Street Analyst Weigh In
A number of equities research analysts have recently weighed in on XOM shares. Wells Fargo & Company cut their price target on Exxon Mobil from $136.00 to $135.00 and set an “overweight” rating on the stock in a report on Monday, February 3rd. Morgan Stanley reduced their price target on Exxon Mobil from $141.00 to $138.00 and set an “overweight” rating for the company in a research report on Thursday. HSBC decreased their price objective on shares of Exxon Mobil from $125.00 to $123.00 and set a “hold” rating for the company in a report on Friday, January 31st. UBS Group decreased their target price on Exxon Mobil from $149.00 to $147.00 and set a “buy” rating for the company in a research note on Thursday, December 12th. Finally, TD Cowen dropped their price target on shares of 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 analyst has rated the stock with a sell rating, eight have assigned a hold rating, eleven have assigned a buy rating and two have assigned a strong buy rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $129.05.
View Our Latest Research Report on XOM
About Exxon Mobil
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.
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