Exxon Mobil Co. (NYSE:XOM) Shares Sold by Ameritas Advisory Services LLC

Ameritas Advisory Services LLC decreased its position in shares of Exxon Mobil Co. (NYSE:XOM) by 6.1% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 53,539 shares of the oil and gas company’s stock after selling 3,495 shares during the period. Ameritas Advisory Services LLC’s holdings in Exxon Mobil were worth $5,759,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of XOM. Fairscale Capital LLC acquired a new stake in Exxon Mobil in the 2nd quarter valued at about $39,000. Hershey Financial Advisers LLC acquired a new stake in Exxon Mobil in the 2nd quarter valued at about $46,000. Retirement Wealth Solutions LLC acquired a new stake in Exxon Mobil in the 4th quarter valued at about $46,000. Peterson Financial Group Inc. acquired a new stake in Exxon Mobil in the 3rd quarter valued at about $51,000. Finally, Highline Wealth Partners LLC acquired a new stake in Exxon Mobil in the 3rd quarter valued at about $54,000. Institutional investors and hedge funds own 61.80% of the company’s stock.

Exxon Mobil Trading Up 0.9 %

Shares of XOM stock opened at $112.37 on Monday. The business’s 50 day moving average is $112.56 and its two-hundred day moving average is $115.51. Exxon Mobil Co. has a twelve month low of $95.77 and a twelve month high of $126.34. The company has a market capitalization of $493.89 billion, a P/E ratio of 13.99, a price-to-earnings-growth ratio of 2.70 and a beta of 0.91. The company has a current ratio of 1.35, a quick ratio of 1.01 and a debt-to-equity ratio of 0.13.

Exxon Mobil (NYSE:XOM) last announced 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. Exxon Mobil had a return on equity of 14.73% and a net margin of 9.61%. The company had revenue of $90.02 billion for the quarter, compared to the consensus estimate of $93.98 billion. During the same period last year, the business posted $2.27 EPS. The company’s revenue was down .8% on a year-over-year basis. Equities analysts forecast that Exxon Mobil Co. will post 7.86 EPS for the current year.

Exxon Mobil Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, December 10th. Shareholders of record on Thursday, November 14th were paid a $0.99 dividend. This is an increase from Exxon Mobil’s previous quarterly dividend of $0.95. This represents a $3.96 annualized dividend and a dividend yield of 3.52%. The ex-dividend date was Thursday, November 14th. Exxon Mobil’s dividend payout ratio (DPR) is 49.32%.

Analyst Upgrades and Downgrades

A number of equities research analysts have issued reports on the company. Mizuho reduced their price target on Exxon Mobil from $137.00 to $134.00 and set a “neutral” rating on the stock in a research report on Monday, December 16th. Morgan Stanley dropped their price objective on Exxon Mobil from $142.00 to $140.00 in a report on Thursday, October 31st. Piper Sandler dropped 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. Truist Financial increased their price objective on Exxon Mobil from $117.00 to $119.00 and gave the company a “hold” rating in a report on Monday, January 13th. Finally, Wolfe Research increased their price objective on Exxon Mobil from $137.00 to $138.00 in a report on Thursday, October 31st. One equities research analyst has rated the stock with a sell rating, seven have given a hold rating, ten have assigned a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, Exxon Mobil has an average rating of “Moderate Buy” and a consensus price target of $128.84.

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.