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

Keeler Thomas Management LLC cut its holdings in Exxon Mobil Co. (NYSE:XOM) by 25.4% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor 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 reporting period.

Several other large investors have also bought and sold shares of XOM. Keener Financial Planning LLC acquired a new stake in Exxon Mobil in the fourth quarter valued at about $80,000. Orion Capital Management LLC acquired a new stake in shares of Exxon Mobil during the third quarter valued at about $91,000. Authentikos Wealth Advisory LLC acquired a new stake in shares of Exxon Mobil during the third quarter valued at about $92,000. TFO Wealth Partners LLC boosted its stake in shares of Exxon Mobil by 118.5% during the third quarter. TFO Wealth Partners LLC now owns 968 shares of the oil and gas company’s stock valued at $104,000 after purchasing an additional 525 shares in the last quarter. Finally, Sumitomo Mitsui Financial Group Inc. boosted its stake in shares of Exxon Mobil by 851.6% during the third quarter. Sumitomo Mitsui Financial Group Inc. now owns 885 shares of the oil and gas company’s stock valued at $106,000 after purchasing an additional 792 shares in the last quarter. 61.80% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In other news, VP Darrin L. Talley sold 2,400 shares of the business’s stock in a transaction that occurred 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 owns 30,189 shares in the company, valued at $3,169,845. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Corporate insiders own 0.03% of the company’s stock.

Analysts Set New Price Targets

A number of brokerages have recently commented on XOM. Redburn Atlantic raised Exxon Mobil from a “neutral” rating to a “buy” rating and lifted their price target for the company from $116.00 to $119.00 in a research note on Tuesday, January 9th. Piper Sandler raised their price objective on Exxon Mobil from $130.00 to $145.00 and gave the stock an “overweight” rating in a research report on Thursday, April 18th. TD Cowen raised their price objective on Exxon Mobil from $115.00 to $120.00 and gave the stock a “buy” rating in a research report on Monday, April 1st. UBS Group raised their price objective on Exxon Mobil from $133.00 to $150.00 and gave the stock a “buy” rating in a research report on Thursday, April 11th. Finally, Royal Bank of Canada restated a “sector perform” rating and set a $120.00 price objective on shares of Exxon Mobil in a research report on Monday, February 5th. Eight analysts have rated the stock with a hold rating and eleven have given a buy rating to the company. According to MarketBeat, Exxon Mobil has a consensus rating of “Moderate Buy” and a consensus target price of $132.28.

Exxon Mobil Trading Up 0.6 %

Shares of XOM stock opened at $120.58 on Tuesday. The company has a market cap of $477.29 billion, a P/E ratio of 13.56, a PEG ratio of 4.12 and a beta of 0.96. The stock has a 50 day simple moving average of $111.89 and a two-hundred day simple moving average of $106.31. The company has a debt-to-equity ratio of 0.18, a quick ratio of 1.09 and a current ratio of 1.48. Exxon Mobil Co. has a fifty-two week low of $95.77 and a fifty-two week high of $123.75.

Exxon Mobil (NYSE:XOM) last announced its quarterly earnings data on Friday, February 2nd. The oil and gas company reported $2.48 EPS for the quarter, beating analysts’ consensus estimates of $2.20 by $0.28. The firm had revenue of $84.34 billion during the quarter, compared to analysts’ expectations of $90.03 billion. Exxon Mobil had a return on equity of 18.51% and a net margin of 10.45%. The company’s revenue for the quarter was down 11.6% compared to the same quarter last year. During the same quarter last year, the firm posted $3.40 earnings per share. Research analysts forecast that Exxon Mobil Co. will post 9.7 earnings per share for the current year.

Exxon Mobil Announces Dividend

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

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.