Exxon Mobil Co. (NYSE:XOM) Shares Sold by Good Life Advisors LLC

Good Life Advisors LLC trimmed its position in shares of Exxon Mobil Co. (NYSE:XOM) by 0.6% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 46,395 shares of the oil and gas company’s stock after selling 271 shares during the period. Good Life Advisors LLC’s holdings in Exxon Mobil were worth $4,991,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. Boyd Watterson Asset Management LLC OH grew its holdings in Exxon Mobil by 10.5% during the 3rd quarter. Boyd Watterson Asset Management LLC OH now owns 49,786 shares of the oil and gas company’s stock worth $5,836,000 after acquiring an additional 4,750 shares in the last quarter. Asset Planning Services Inc. LA ADV grew its holdings in Exxon Mobil by 2.9% during the 3rd quarter. Asset Planning Services Inc. LA ADV now owns 50,130 shares of the oil and gas company’s stock worth $5,876,000 after acquiring an additional 1,400 shares in the last quarter. PSI Advisors LLC grew its holdings in Exxon Mobil by 3.7% during the 3rd quarter. PSI Advisors LLC now owns 7,006 shares of the oil and gas company’s stock worth $821,000 after acquiring an additional 251 shares in the last quarter. Fairman Group LLC grew its holdings in Exxon Mobil by 107.8% during the 3rd quarter. Fairman Group LLC now owns 2,649 shares of the oil and gas company’s stock worth $310,000 after acquiring an additional 1,374 shares in the last quarter. Finally, Grimes & Company Inc. grew its holdings in Exxon Mobil by 0.7% during the 3rd quarter. Grimes & Company Inc. now owns 70,555 shares of the oil and gas company’s stock worth $8,271,000 after acquiring an additional 506 shares in the last quarter. 61.80% of the stock is owned by institutional investors and hedge funds.

Exxon Mobil Stock Down 1.2 %

XOM stock opened at $110.67 on Friday. Exxon Mobil Co. has a 52 week low of $102.88 and a 52 week high of $126.34. The company has a market capitalization of $480.20 billion, a price-to-earnings ratio of 14.12, a price-to-earnings-growth ratio of 3.02 and a beta of 0.89. The firm’s 50-day moving average is $108.60 and its two-hundred day moving average is $114.49. The company has a current ratio of 1.31, a quick ratio of 0.97 and a debt-to-equity ratio of 0.14.

Exxon Mobil (NYSE:XOM) last released its quarterly earnings results on Friday, January 31st. The oil and gas company reported $1.67 EPS for the quarter, missing analysts’ consensus estimates of $1.77 by ($0.10). Exxon Mobil had a return on equity of 12.92% and a net margin of 9.63%. During the same quarter in the prior year, the company earned $2.48 EPS. On average, analysts forecast that Exxon Mobil Co. will post 7.43 earnings per share for the current fiscal year.

Exxon Mobil Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, March 10th. Investors of record on Wednesday, February 12th will be issued a $0.99 dividend. The ex-dividend date of this dividend is Wednesday, February 12th. This represents a $3.96 dividend on an annualized basis and a dividend yield of 3.58%. Exxon Mobil’s payout ratio is currently 50.51%.

Insider Buying and Selling

In related news, VP Darrin L. Talley sold 2,100 shares of the business’s stock in a transaction that occurred on Tuesday, February 4th. The shares were sold at an average price of $110.00, for a total value of $231,000.00. Following the sale, the vice president now directly owns 18,087 shares in the company, valued at $1,989,570. The trade was a 10.40 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Insiders own 0.03% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts have weighed in on the stock. Wells Fargo & Company decreased their price objective on shares of Exxon Mobil from $136.00 to $135.00 and set an “overweight” rating for the company in a report on Monday, February 3rd. Morgan Stanley lifted their price target on shares of Exxon Mobil from $139.00 to $140.00 in a report on Friday, January 31st. UBS Group decreased their price target on shares of Exxon Mobil from $149.00 to $147.00 and set a “buy” rating for the company in a report on Thursday, December 12th. HSBC decreased their price target on shares of Exxon Mobil from $125.00 to $123.00 and set a “hold” rating for the company in a report on Friday, January 31st. Finally, Piper Sandler decreased their price target on shares of Exxon Mobil from $138.00 to $127.00 and set an “overweight” rating for the company in a report on Thursday, December 19th. One equities research analyst has rated the stock with a sell rating, eight have issued a hold rating, eleven have assigned a buy rating and two have assigned a strong buy rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $129.25.

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.