Exxon Mobil Co. (NYSE:XOM) Shares Sold by U.S. Capital Wealth Advisors LLC

U.S. Capital Wealth Advisors LLC cut its stake in shares of Exxon Mobil Co. (NYSE:XOM) by 0.7% during the 4th quarter, HoldingsChannel.com reports. The fund owned 208,080 shares of the oil and gas company’s stock after selling 1,463 shares during the period. Exxon Mobil makes up approximately 0.8% of U.S. Capital Wealth Advisors LLC’s holdings, making the stock its 20th biggest holding. U.S. Capital Wealth Advisors LLC’s holdings in Exxon Mobil were worth $20,804,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Alterna Wealth Management Inc. acquired a new position in Exxon Mobil during the 4th quarter worth approximately $365,000. Bare Financial Services Inc acquired a new position in shares of Exxon Mobil in the 4th quarter valued at approximately $116,000. Coulter & Justus Financial Services LLC raised its position in shares of Exxon Mobil by 2.0% in the 4th quarter. Coulter & Justus Financial Services LLC now owns 10,401 shares of the oil and gas company’s stock valued at $1,040,000 after purchasing an additional 200 shares in the last quarter. Solutions 4 Wealth Ltd acquired a new position in shares of Exxon Mobil in the 4th quarter valued at approximately $267,000. Finally, Benjamin F. Edwards & Company Inc. raised its position in shares of Exxon Mobil by 480.8% in the 4th quarter. Benjamin F. Edwards & Company Inc. now owns 427,380 shares of the oil and gas company’s stock valued at $42,729,000 after purchasing an additional 353,796 shares in the last quarter. 61.80% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

XOM has been the topic of a number of recent analyst reports. Scotiabank upped their target price on Exxon Mobil from $114.00 to $129.00 and gave the company a “sector perform” rating in a research report on Thursday, April 11th. Royal Bank of Canada reaffirmed a “sector perform” rating and issued a $120.00 target price on shares of Exxon Mobil in a research report on Monday, February 5th. Barclays initiated coverage on Exxon Mobil in a research report on Wednesday, April 10th. They issued an “overweight” rating and a $147.00 target price on the stock. Truist Financial upped their target price on Exxon Mobil from $140.00 to $146.00 and gave the company a “buy” rating in a research report on Friday, April 5th. Finally, Mizuho reissued a “neutral” rating and set a $125.00 price target on shares of Exxon Mobil in a research report on Thursday, April 4th. Eight equities research analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $134.06.

Exxon Mobil Stock Performance

XOM traded down $0.24 during trading on Friday, reaching $116.00. 28,023,313 shares of the company were exchanged, compared to its average volume of 18,518,412. The stock has a market cap of $457.39 billion, a P/E ratio of 14.22, a PEG ratio of 4.03 and a beta of 0.96. The firm has a 50 day moving average of $114.65 and a 200 day moving average of $106.96. The company has a current ratio of 1.38, a quick ratio of 1.06 and a debt-to-equity ratio of 0.15. Exxon Mobil Co. has a 52 week low of $95.77 and a 52 week high of $123.75.

Exxon Mobil (NYSE:XOM) last issued its quarterly earnings data on Friday, April 26th. The oil and gas company reported $2.06 EPS for the quarter, missing analysts’ consensus estimates of $2.19 by ($0.13). Exxon Mobil had a return on equity of 16.75% and a net margin of 9.62%. The company had revenue of $83.08 billion for the quarter, compared to the consensus estimate of $79.69 billion. During the same quarter in the previous year, the company earned $2.83 earnings per share. Exxon Mobil’s quarterly revenue was down 4.0% compared to the same quarter last year. On average, sell-side analysts forecast that Exxon Mobil Co. will post 9.61 EPS for the current fiscal year.

Exxon Mobil Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, June 10th. Investors of record on Wednesday, May 15th will be given a $0.95 dividend. The ex-dividend date of this dividend is Tuesday, May 14th. This represents a $3.80 dividend on an annualized basis and a yield of 3.28%. Exxon Mobil’s dividend payout ratio is presently 46.57%.

Insider Buying and Selling at Exxon Mobil

In other news, VP Darrin L. Talley sold 2,426 shares of the company’s stock in a transaction that occurred on Monday, April 29th. The shares were sold at an average price of $119.01, for a total value of $288,718.26. Following the completion of the sale, the vice president now directly owns 25,363 shares of the company’s stock, valued at approximately $3,018,450.63. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. In other news, VP Darrin L. Talley sold 2,426 shares of Exxon Mobil stock in a transaction on Monday, April 29th. The stock was sold at an average price of $119.01, for a total transaction of $288,718.26. Following the transaction, the vice president now directly owns 25,363 shares in the company, valued at approximately $3,018,450.63. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, VP Darrin L. Talley sold 2,400 shares of the company’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 completion of the sale, the vice president now owns 30,189 shares of the company’s stock, valued at approximately $3,169,845. The disclosure for this sale can be found here. 0.03% of the stock is owned by corporate insiders.

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.