Exxon Mobil Co. (NYSE:XOM) Holdings Decreased by First Command Advisory Services Inc.

First Command Advisory Services Inc. decreased its holdings in shares of Exxon Mobil Co. (NYSE:XOMFree Report) by 0.4% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 37,412 shares of the oil and gas company’s stock after selling 135 shares during the quarter. First Command Advisory Services Inc.’s holdings in Exxon Mobil were worth $4,347,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also modified their holdings of the company. First Pacific Financial acquired a new stake in Exxon Mobil during the first quarter valued at $34,000. Partnership Wealth Management LLC acquired a new stake in Exxon Mobil during the fourth quarter valued at $46,000. Vima LLC acquired a new stake in Exxon Mobil during the fourth quarter valued at $50,000. Keener Financial Planning LLC acquired a new stake in Exxon Mobil during the fourth quarter valued at $80,000. Finally, Neo Ivy Capital Management acquired a new stake in Exxon Mobil during the fourth quarter valued at $80,000. Hedge funds and other institutional investors own 61.80% of the company’s stock.

Insider Activity

In other news, VP Darrin L. Talley sold 2,426 shares of the company’s stock in a transaction that occurred on Monday, April 29th. The stock was sold at an average price of $119.01, for a total value of $288,718.26. Following the sale, the vice president now directly 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 at the SEC website. Corporate insiders own 0.03% of the company’s stock.

Analyst Ratings Changes

A number of analysts recently issued reports on XOM shares. Truist Financial reissued a “hold” rating and set a $124.00 price objective (down previously from $146.00) on shares of Exxon Mobil in a research report on Friday, June 7th. Royal Bank of Canada reaffirmed a “sector perform” rating and issued a $135.00 price target on shares of Exxon Mobil in a research report on Tuesday. Morgan Stanley reaffirmed an “overweight” rating and issued a $145.00 price target on shares of Exxon Mobil in a research report on Wednesday, May 15th. TD Cowen boosted their price target on Exxon Mobil from $128.00 to $135.00 and gave the stock a “buy” rating in a research report on Tuesday, April 30th. Finally, Scotiabank boosted their price target on Exxon Mobil from $114.00 to $129.00 and gave the stock a “sector perform” rating in a research report on Thursday, April 11th. Eight investment analysts have rated the stock with a hold rating and ten have assigned a buy rating to the stock. According to data from MarketBeat.com, Exxon Mobil currently has a consensus rating of “Moderate Buy” and a consensus target price of $134.41.

Check Out Our Latest Report on Exxon Mobil

Exxon Mobil Trading Down 1.1 %

Shares of XOM opened at $110.99 on Wednesday. Exxon Mobil Co. has a 12-month low of $95.77 and a 12-month high of $123.75. The company has a quick ratio of 1.06, a current ratio of 1.38 and a debt-to-equity ratio of 0.15. The firm has a market capitalization of $437.63 billion, a price-to-earnings ratio of 13.60, a P/E/G ratio of 4.07 and a beta of 0.91. The stock’s 50-day moving average price is $114.36 and its 200 day moving average price is $110.31.

Exxon Mobil (NYSE:XOMGet Free Report) last issued 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). Exxon Mobil had a net margin of 9.62% and a return on equity of 16.75%. The firm had revenue of $83.08 billion for the quarter, compared to the consensus estimate of $79.69 billion. During the same quarter in the prior year, the firm earned $2.83 earnings per share. The company’s revenue was down 4.0% on a year-over-year basis. As a group, research analysts predict that Exxon Mobil Co. will post 9.18 earnings per share for the current year.

Exxon Mobil Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, June 10th. Stockholders of record on Wednesday, May 15th were paid a $0.95 dividend. The ex-dividend date of this dividend was Tuesday, May 14th. This represents a $3.80 annualized dividend and a dividend yield of 3.42%. Exxon Mobil’s dividend payout ratio is currently 46.57%.

Exxon Mobil Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Exxon Mobil (NYSE:XOM)

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