Roble Belko & Company Inc Sells 100 Shares of Exxon Mobil Co. (NYSE:XOM)

Roble Belko & Company Inc trimmed its stake in Exxon Mobil Co. (NYSE:XOM) by 1.9% during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 5,217 shares of the oil and gas company’s stock after selling 100 shares during the period. Roble Belko & Company Inc’s holdings in Exxon Mobil were worth $522,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in XOM. Root Financial Partners LLC lifted its position in shares of Exxon Mobil by 10.7% during the 4th quarter. Root Financial Partners LLC now owns 2,054 shares of the oil and gas company’s stock worth $205,000 after purchasing an additional 199 shares during the last quarter. Assenagon Asset Management S.A. lifted its holdings in shares of Exxon Mobil by 83.0% during the third quarter. Assenagon Asset Management S.A. now owns 1,269,030 shares of the oil and gas company’s stock worth $149,213,000 after buying an additional 575,649 shares during the last quarter. Qsemble Capital Management LP boosted its position in shares of Exxon Mobil by 34.3% in the third quarter. Qsemble Capital Management LP now owns 4,700 shares of the oil and gas company’s stock valued at $553,000 after acquiring an additional 1,200 shares during the period. RNC Capital Management LLC grew its stake in shares of Exxon Mobil by 5.5% in the fourth quarter. RNC Capital Management LLC now owns 87,926 shares of the oil and gas company’s stock worth $8,791,000 after acquiring an additional 4,585 shares during the last quarter. Finally, Meyer Handelman Co. increased its position in Exxon Mobil by 5.9% during the third quarter. Meyer Handelman Co. now owns 390,975 shares of the oil and gas company’s stock worth $45,971,000 after acquiring an additional 21,895 shares during the period. 61.80% of the stock is currently owned by institutional investors and hedge funds.

Exxon Mobil Stock Up 0.4 %

NYSE XOM opened at $121.05 on Wednesday. The stock’s 50 day simple moving average is $112.29 and its 200 day simple moving average is $106.41. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.48 and a quick ratio of 1.09. Exxon Mobil Co. has a one year low of $95.77 and a one year high of $123.75. The firm has a market cap of $479.15 billion, a PE ratio of 13.62, a price-to-earnings-growth ratio of 4.14 and a beta of 0.96.

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

Exxon Mobil Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, March 11th. Shareholders of record on Wednesday, February 14th were paid a $0.95 dividend. This represents a $3.80 dividend on an annualized basis and a dividend yield of 3.14%. The ex-dividend date of this dividend was Tuesday, February 13th. Exxon Mobil’s dividend payout ratio is presently 42.74%.

Insider Transactions at Exxon Mobil

In related news, VP Darrin L. Talley sold 2,400 shares of the firm’s stock in a transaction that occurred 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 $3,169,845. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. 0.03% of the stock is owned by company insiders.

Analyst Ratings Changes

A number of analysts have weighed in on the stock. Mizuho reissued a “neutral” rating and issued a $125.00 price target on shares of Exxon Mobil in a report on Thursday, April 4th. Scotiabank upped their price target on Exxon Mobil from $114.00 to $129.00 and gave the company a “sector perform” rating in a report on Thursday, April 11th. Truist Financial lifted their price objective on Exxon Mobil from $140.00 to $146.00 and gave the stock a “buy” rating in a report on Friday, April 5th. UBS Group upped their target price on Exxon Mobil from $133.00 to $150.00 and gave the company a “buy” rating in a research note on Thursday, April 11th. Finally, TD Cowen lifted their price target on shares of Exxon Mobil from $115.00 to $120.00 and gave the stock a “buy” rating in a research note on Monday, April 1st. Eight investment analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the stock. Based on data from MarketBeat, Exxon Mobil presently has a consensus rating of “Moderate Buy” and a consensus target price 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.