One Charles Private Wealth Services LLC Has $1.20 Million Position in Exxon Mobil Co. (NYSE:XOM)

One Charles Private Wealth Services LLC lowered its holdings in shares of Exxon Mobil Co. (NYSE:XOM) by 3.3% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 11,961 shares of the oil and gas company’s stock after selling 406 shares during the period. One Charles Private Wealth Services LLC’s holdings in Exxon Mobil were worth $1,196,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. Alterna Wealth Management Inc. bought a new position in shares of Exxon Mobil during the fourth quarter valued at $365,000. Bare Financial Services Inc bought a new position in shares of Exxon Mobil during the fourth quarter valued at $116,000. Coulter & Justus Financial Services LLC lifted its holdings in shares of Exxon Mobil by 2.0% during the fourth 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 acquiring an additional 200 shares during the period. Solutions 4 Wealth Ltd bought a new position in shares of Exxon Mobil during the fourth quarter valued at $267,000. Finally, Benjamin F. Edwards & Company Inc. lifted its holdings in shares of Exxon Mobil by 480.8% during the fourth 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 acquiring an additional 353,796 shares during the period. Institutional investors and hedge funds own 61.80% of the company’s stock.

Insider Activity at Exxon Mobil

In other Exxon Mobil news, VP Darrin L. Talley sold 2,426 shares of the firm’s 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 owns 25,363 shares in the company, valued at approximately $3,018,450.63. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. In other Exxon Mobil news, VP Darrin L. Talley sold 2,400 shares of the company’s stock in a transaction on Thursday, February 22nd. The stock was sold at an average price of $105.00, for a total transaction of $252,000.00. Following the completion of the sale, the vice president now directly owns 30,189 shares in the company, valued at $3,169,845. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, VP Darrin L. Talley sold 2,426 shares of Exxon Mobil stock in a transaction 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 transaction, the vice president now owns 25,363 shares in the company, valued at approximately $3,018,450.63. The disclosure for this sale can be found here. 0.03% of the stock is currently owned by corporate insiders.

Exxon Mobil Stock Performance

Shares of XOM stock traded down $0.24 during midday trading on Friday, hitting $116.00. 28,023,313 shares of the company were exchanged, compared to its average volume of 18,518,412. Exxon Mobil Co. has a 52 week low of $95.77 and a 52 week high of $123.75. The firm has a market capitalization 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’s 50 day moving average price is $114.65 and its two-hundred day moving average price is $106.96. The company has a debt-to-equity ratio of 0.15, a quick ratio of 1.06 and a current ratio of 1.38.

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

Exxon Mobil Announces Dividend

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

Analysts Set New Price Targets

XOM has been the subject of a number of analyst reports. Truist Financial lifted their price objective on Exxon Mobil from $140.00 to $146.00 and gave the company a “buy” rating in a report on Friday, April 5th. Wells Fargo & Company increased their price objective on shares of Exxon Mobil from $138.00 to $142.00 and gave the company an “overweight” rating in a report on Tuesday, April 30th. TD Cowen lifted their target price on shares of Exxon Mobil from $128.00 to $135.00 and gave the stock a “buy” rating in a report on Tuesday, April 30th. Piper Sandler increased their price target on Exxon Mobil from $130.00 to $145.00 and gave the company an “overweight” rating in a research note on Thursday, April 18th. Finally, UBS Group increased their target price on shares of Exxon Mobil from $133.00 to $150.00 and gave the stock a “buy” rating in a report on Thursday, April 11th. Eight analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $134.06.

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.