Warren Street Wealth Advisors LLC Sells 513 Shares of Exxon Mobil Co. (NYSE:XOM)

Warren Street Wealth Advisors LLC reduced its stake in Exxon Mobil Co. (NYSE:XOM) by 14.0% during the fourth quarter, HoldingsChannel reports. The firm owned 3,146 shares of the oil and gas company’s stock after selling 513 shares during the period. Warren Street Wealth Advisors LLC’s holdings in Exxon Mobil were worth $338,000 at the end of the most recent reporting period.

Several other hedge funds have also bought and sold shares of XOM. Keystone Financial Group Inc. bought a new position in shares of Exxon Mobil during the 4th quarter valued at about $36,000. Retirement Wealth Solutions LLC bought a new position in Exxon Mobil during the fourth quarter valued at approximately $46,000. Peterson Financial Group Inc. purchased a new position in shares of Exxon Mobil during the third quarter worth approximately $51,000. Compass Financial Services Inc bought a new stake in shares of Exxon Mobil in the 4th quarter worth approximately $48,000. Finally, Highline Wealth Partners LLC purchased a new stake in shares of Exxon Mobil in the 3rd quarter valued at $54,000. 61.80% of the stock is currently owned by institutional investors.

Exxon Mobil Trading Up 0.0 %

XOM opened at $108.17 on Friday. The company has a quick ratio of 0.97, a current ratio of 1.31 and a debt-to-equity ratio of 0.14. Exxon Mobil Co. has a 52 week low of $100.60 and a 52 week high of $126.34. The stock has a market cap of $475.42 billion, a PE ratio of 13.80, a PEG ratio of 2.94 and a beta of 0.89. The business has a 50 day moving average of $108.78 and a 200-day moving average of $114.73.

Exxon Mobil (NYSE:XOM) last announced its 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 net margin of 9.63% and a return on equity of 12.92%. During the same quarter in the prior year, the firm posted $2.48 EPS. Equities research analysts predict that Exxon Mobil Co. will post 7.37 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. Shareholders of record on Wednesday, February 12th will be paid a dividend of $0.99 per share. This represents a $3.96 dividend on an annualized basis and a dividend yield of 3.66%. The ex-dividend date is Wednesday, February 12th. Exxon Mobil’s dividend payout ratio is 50.51%.

Analyst Ratings Changes

XOM has been the subject of several recent research reports. Scotiabank lowered their price target on shares of Exxon Mobil from $145.00 to $140.00 in a research note on Friday, January 31st. UBS Group lowered their target price on Exxon Mobil from $149.00 to $147.00 and set a “buy” rating for the company in a research note on Thursday, December 12th. Wolfe Research raised their price target on Exxon Mobil from $137.00 to $138.00 in a research report on Thursday, October 31st. Truist Financial boosted their price objective on Exxon Mobil from $117.00 to $119.00 and gave the company a “hold” rating in a research report on Monday, January 13th. Finally, Wells Fargo & Company cut their target price on shares of Exxon Mobil from $136.00 to $135.00 and set an “overweight” rating on the stock in a report on Monday, February 3rd. One research analyst has rated the stock with a sell rating, eight have assigned a hold rating, eleven have assigned a buy rating and two have given a strong buy rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $129.25.

Insider Transactions at Exxon Mobil

In other Exxon Mobil news, VP Darrin L. Talley sold 2,100 shares of Exxon Mobil stock in a transaction on Tuesday, February 4th. The stock was sold at an average price of $110.00, for a total transaction of $231,000.00. Following the completion of the transaction, the vice president now owns 18,087 shares in the company, valued at approximately $1,989,570. The trade was a 10.40 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders own 0.03% of the company’s stock.

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.