Keeler Thomas Management LLC Has $3.11 Million Stock Position in Exxon Mobil Co. (NYSE:XOM)

Keeler Thomas Management LLC trimmed its position in Exxon Mobil Co. (NYSE:XOM) by 25.4% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 30,167 shares of the oil and gas company’s stock after selling 10,282 shares during the quarter. Keeler Thomas Management LLC’s holdings in Exxon Mobil were worth $3,108,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. Orion Capital Management LLC purchased a new stake in shares of Exxon Mobil in the third quarter worth approximately $91,000. Authentikos Wealth Advisory LLC purchased a new stake in shares of Exxon Mobil in the third quarter worth approximately $92,000. Keener Financial Planning LLC purchased a new stake in shares of Exxon Mobil in the fourth quarter worth approximately $80,000. Sumitomo Mitsui Financial Group Inc. lifted its position in shares of Exxon Mobil by 851.6% in the third quarter. Sumitomo Mitsui Financial Group Inc. now owns 885 shares of the oil and gas company’s stock worth $106,000 after purchasing an additional 792 shares in the last quarter. Finally, TFO Wealth Partners LLC lifted its position in shares of Exxon Mobil by 118.5% in the third quarter. TFO Wealth Partners LLC now owns 968 shares of the oil and gas company’s stock worth $104,000 after purchasing an additional 525 shares in the last quarter. 61.80% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other news, VP Darrin L. Talley sold 2,400 shares of the business’s stock in a transaction on Thursday, February 22nd. The shares were sold at an average price of $105.00, for a total value of $252,000.00. Following the sale, the vice president now owns 30,189 shares in the company, valued at approximately $3,169,845. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 0.03% of the company’s stock.

Exxon Mobil Trading Up 0.6 %

Shares of Exxon Mobil stock opened at $120.58 on Tuesday. The company’s fifty day simple moving average is $111.89 and its 200-day simple moving average is $106.31. The company has a market cap of $477.29 billion, a price-to-earnings ratio of 13.56, a PEG ratio of 4.12 and a beta of 0.96. The company has a current ratio of 1.48, a quick ratio of 1.09 and a debt-to-equity ratio of 0.18. Exxon Mobil Co. has a 1 year low of $95.77 and a 1 year high of $123.75.

Exxon Mobil (NYSE:XOM) last posted its quarterly earnings results on Friday, February 2nd. The oil and gas company reported $2.48 earnings per share for the quarter, topping analysts’ consensus estimates of $2.20 by $0.28. Exxon Mobil had a net margin of 10.45% and a return on equity of 18.51%. The firm had revenue of $84.34 billion for the quarter, compared to the consensus estimate of $90.03 billion. During the same quarter in the previous year, the company earned $3.40 earnings per share. The business’s revenue was down 11.6% compared to the same quarter last year. As a group, sell-side analysts expect that Exxon Mobil Co. will post 9.7 EPS for the current year.

Exxon Mobil Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, March 11th. Shareholders of record on Wednesday, February 14th were paid a dividend of $0.95 per share. The ex-dividend date of this dividend was Tuesday, February 13th. This represents a $3.80 dividend on an annualized basis and a yield of 3.15%. Exxon Mobil’s dividend payout ratio is currently 42.74%.

Analyst Ratings Changes

A number of analysts have recently issued reports on XOM shares. Scotiabank increased their price target on shares of Exxon Mobil from $114.00 to $129.00 and gave the stock a “sector perform” rating in a research report on Thursday, April 11th. Wells Fargo & Company increased their price target on shares of Exxon Mobil from $126.00 to $138.00 and gave the stock an “overweight” rating in a research report on Thursday, April 4th. Piper Sandler raised their price objective on shares of Exxon Mobil from $130.00 to $145.00 and gave the company an “overweight” rating in a research report on Thursday, April 18th. Barclays assumed coverage on shares of Exxon Mobil in a research report on Wednesday, April 10th. They set an “overweight” rating and a $147.00 price objective on the stock. Finally, Redburn Atlantic raised shares of Exxon Mobil from a “neutral” rating to a “buy” rating and raised their price objective for the company from $116.00 to $119.00 in a research report on Tuesday, January 9th. Eight equities research analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $132.28.

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.