Silvia Mccoll Wealth Management LLC Decreases Holdings in Exxon Mobil Co. (NYSE:XOM)

Silvia Mccoll Wealth Management LLC reduced its position in Exxon Mobil Co. (NYSE:XOM) by 3.7% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 9,490 shares of the oil and gas company’s stock after selling 369 shares during the quarter. Silvia Mccoll Wealth Management LLC’s holdings in Exxon Mobil were worth $1,021,000 at the end of the most recent reporting period.

A number of other large investors have also made changes to their positions in the business. Cliftonlarsonallen Wealth Advisors LLC increased its holdings in shares of Exxon Mobil by 21.8% during the fourth quarter. Cliftonlarsonallen Wealth Advisors LLC now owns 31,007 shares of the oil and gas company’s stock valued at $3,335,000 after acquiring an additional 5,542 shares in the last quarter. Burney Co. increased its stake in Exxon Mobil by 0.4% during the 4th quarter. Burney Co. now owns 99,997 shares of the oil and gas company’s stock valued at $10,757,000 after purchasing an additional 350 shares in the last quarter. Smith Anglin Financial LLC raised its holdings in shares of Exxon Mobil by 0.3% in the fourth quarter. Smith Anglin Financial LLC now owns 37,429 shares of the oil and gas company’s stock worth $4,026,000 after buying an additional 120 shares during the last quarter. Wiser Wealth Management Inc acquired a new stake in shares of Exxon Mobil during the fourth quarter worth $204,000. Finally, Founders Grove Wealth Partners LLC purchased a new stake in shares of Exxon Mobil during the fourth quarter valued at $1,044,000. 61.80% of the stock is owned by institutional investors and hedge funds.

Exxon Mobil Trading Down 0.2 %

Shares of NYSE:XOM opened at $111.32 on Friday. The business’s 50 day moving average price is $112.93 and its 200-day moving average price is $115.55. Exxon Mobil Co. has a 1 year low of $95.77 and a 1 year high of $126.34. The firm has a market capitalization of $489.27 billion, a price-to-earnings ratio of 13.86, a price-to-earnings-growth ratio of 2.70 and a beta of 0.91. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.35 and a quick ratio of 1.01.

Exxon Mobil (NYSE:XOM) last announced its earnings results on Friday, November 1st. The oil and gas company reported $1.92 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.91 by $0.01. Exxon Mobil had a net margin of 9.61% and a return on equity of 14.73%. The business had revenue of $90.02 billion for the quarter, compared to analyst estimates of $93.98 billion. During the same quarter last year, the business earned $2.27 earnings per share. The company’s revenue for the quarter was down .8% compared to the same quarter last year. On average, equities research analysts forecast that Exxon Mobil Co. will post 7.86 earnings per share for the current fiscal year.

Exxon Mobil Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, December 10th. Shareholders of record on Thursday, November 14th were issued a dividend of $0.99 per share. The ex-dividend date was Thursday, November 14th. This represents a $3.96 dividend on an annualized basis and a dividend yield of 3.56%. This is a boost from Exxon Mobil’s previous quarterly dividend of $0.95. Exxon Mobil’s dividend payout ratio is presently 49.32%.

Analyst Upgrades and Downgrades

A number of analysts have commented on XOM shares. Wolfe Research lifted their price target on Exxon Mobil from $137.00 to $138.00 in a research report on Thursday, October 31st. Morgan Stanley decreased their target price on Exxon Mobil from $142.00 to $140.00 in a report on Thursday, October 31st. UBS Group cut their price target on shares of Exxon Mobil from $149.00 to $147.00 and set a “buy” rating on the stock in a report on Thursday, December 12th. Bank of America initiated coverage on shares of Exxon Mobil in a report on Thursday, October 17th. They issued a “neutral” rating and a $124.00 price objective on the stock. Finally, Truist Financial raised their target price on shares of Exxon Mobil from $117.00 to $119.00 and gave the stock a “hold” rating in a report on Monday. One investment analyst has rated the stock with a sell rating, seven have issued a hold rating, ten have given a buy rating and one has 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 an average price target of $128.84.

Exxon Mobil 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.