Wisconsin Capital Management LLC Trims Stock Position in Exxon Mobil Co. (NYSE:XOM)

Wisconsin Capital Management LLC decreased its position in Exxon Mobil Co. (NYSE:XOM) by 2.3% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 28,675 shares of the oil and gas company’s stock after selling 670 shares during the quarter. Exxon Mobil accounts for approximately 1.7% of Wisconsin Capital Management LLC’s portfolio, making the stock its 28th largest position. Wisconsin Capital Management LLC’s holdings in Exxon Mobil were worth $2,867,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Atlas Brown Inc. increased its position in shares of Exxon Mobil by 0.3% during the third quarter. Atlas Brown Inc. now owns 43,363 shares of the oil and gas company’s stock worth $5,099,000 after acquiring an additional 144 shares during the period. Fifth Third Wealth Advisors LLC increased its position in shares of Exxon Mobil by 95.9% during the third quarter. Fifth Third Wealth Advisors LLC now owns 23,035 shares of the oil and gas company’s stock worth $2,708,000 after acquiring an additional 11,276 shares during the period. Avior Wealth Management LLC increased its position in shares of Exxon Mobil by 2.7% during the third quarter. Avior Wealth Management LLC now owns 47,576 shares of the oil and gas company’s stock worth $5,594,000 after acquiring an additional 1,238 shares during the period. Founders Financial Securities LLC increased its position in shares of Exxon Mobil by 3.7% during the third quarter. Founders Financial Securities LLC now owns 22,931 shares of the oil and gas company’s stock worth $2,696,000 after acquiring an additional 817 shares during the period. Finally, SJS Investment Consulting Inc. increased its position in shares of Exxon Mobil by 5.2% during the third quarter. SJS Investment Consulting Inc. now owns 6,674 shares of the oil and gas company’s stock worth $785,000 after acquiring an additional 328 shares during the period. Hedge funds and other institutional investors own 61.80% of the company’s stock.

Exxon Mobil Price Performance

Shares of XOM opened at $117.96 on Friday. The company has a market capitalization of $466.92 billion, a price-to-earnings ratio of 13.27, a price-to-earnings-growth ratio of 4.17 and a beta of 0.96. Exxon Mobil Co. has a fifty-two week low of $95.77 and a fifty-two week high of $123.75. The firm has a 50-day simple moving average of $113.33 and a 200-day simple moving average of $106.67. 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 (NYSE:XOM) last posted its quarterly earnings results on Friday, April 26th. The oil and gas company reported $2.06 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.19 by ($0.13). The firm had revenue of $83.08 billion for the quarter, compared to analysts’ expectations of $79.69 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 4.0% on a year-over-year basis. During the same period in the prior year, the company earned $2.83 earnings per share. On average, equities research analysts anticipate that Exxon Mobil Co. will post 9.7 earnings per share for the current year.

Exxon Mobil Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, June 10th. Shareholders of record on Wednesday, May 15th will be issued a $0.95 dividend. The ex-dividend date is Tuesday, May 14th. This represents a $3.80 dividend on an annualized basis and a yield of 3.22%. Exxon Mobil’s dividend payout ratio (DPR) is presently 42.74%.

Insider Buying and Selling at Exxon Mobil

In other 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 transaction of $252,000.00. Following the completion of the transaction, the vice president now directly owns 30,189 shares of the company’s stock, valued at approximately $3,169,845. The sale was disclosed in a filing with the SEC, which is available at the SEC website. 0.03% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

A number of equities analysts recently commented on XOM shares. Redburn Atlantic upgraded shares of Exxon Mobil from a “neutral” rating to a “buy” rating and boosted their target price for the stock from $116.00 to $119.00 in a research note on Tuesday, January 9th. Mizuho reiterated a “neutral” rating and set a $125.00 target price on shares of Exxon Mobil in a research note on Thursday, April 4th. Barclays started coverage on shares of Exxon Mobil in a research note on Wednesday, April 10th. They set an “overweight” rating and a $147.00 target price for the company. Wells Fargo & Company boosted their target price on shares of Exxon Mobil from $126.00 to $138.00 and gave the stock an “overweight” rating in a research note on Thursday, April 4th. Finally, Royal Bank of Canada reiterated a “sector perform” rating and set a $120.00 target price on shares of Exxon Mobil in a research note on Monday, February 5th. Eight investment analysts have rated the stock with a hold rating and eleven have issued a buy rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $132.28.

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.