Exxon Mobil Co. (NYSE:XOM) Shares Sold by Catalyst Capital Advisors LLC

Catalyst Capital Advisors LLC lessened its position in Exxon Mobil Co. (NYSE:XOM) by 15.3% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 2,540 shares of the oil and gas company’s stock after selling 460 shares during the period. Catalyst Capital Advisors LLC’s holdings in Exxon Mobil were worth $273,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Whittier Trust Co. of Nevada Inc. boosted its position in shares of Exxon Mobil by 8.3% during the 3rd quarter. Whittier Trust Co. of Nevada Inc. now owns 131,683 shares of the oil and gas company’s stock worth $15,436,000 after purchasing an additional 10,075 shares in the last quarter. Plimoth Trust Co. LLC increased its holdings in shares of Exxon Mobil by 11.6% in the 3rd quarter. Plimoth Trust Co. LLC now owns 48,827 shares of the oil and gas company’s stock valued at $5,724,000 after purchasing an additional 5,057 shares in the last quarter. Community Financial Services Group LLC lifted its stake in shares of Exxon Mobil by 1.9% in the third quarter. Community Financial Services Group LLC now owns 168,384 shares of the oil and gas company’s stock valued at $19,738,000 after purchasing an additional 3,113 shares during the period. Evernest Financial Advisors LLC boosted its holdings in Exxon Mobil by 59.6% during the third quarter. Evernest Financial Advisors LLC now owns 13,764 shares of the oil and gas company’s stock worth $1,613,000 after buying an additional 5,139 shares in the last quarter. Finally, Roof Eidam Maycock Peralta LLC grew its position in Exxon Mobil by 3.3% during the third quarter. Roof Eidam Maycock Peralta LLC now owns 13,043 shares of the oil and gas company’s stock worth $1,529,000 after buying an additional 420 shares during the period. Hedge funds and other institutional investors own 61.80% of the company’s stock.

Exxon Mobil Stock Up 0.1 %

Shares of NYSE:XOM opened at $110.30 on Thursday. Exxon Mobil Co. has a 1 year low of $102.64 and a 1 year high of $126.34. The stock has a 50-day simple moving average of $108.60 and a 200-day simple moving average of $114.53. The company has a debt-to-equity ratio of 0.14, a quick ratio of 0.97 and a current ratio of 1.31. The stock has a market capitalization of $484.76 billion, a P/E ratio of 14.07, a PEG ratio of 2.91 and a beta of 0.89.

Exxon Mobil (NYSE:XOM) last released its quarterly earnings data on Friday, January 31st. The oil and gas company reported $1.67 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.77 by ($0.10). Exxon Mobil had a return on equity of 12.92% and a net margin of 9.63%. During the same quarter last year, the business posted $2.48 earnings per share. Equities analysts forecast that Exxon Mobil Co. will post 7.43 earnings per share for the current year.

Exxon Mobil Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, March 10th. Stockholders of record on Wednesday, February 12th will be given a $0.99 dividend. This represents a $3.96 annualized dividend and a dividend yield of 3.59%. The ex-dividend date is Wednesday, February 12th. Exxon Mobil’s payout ratio is 50.51%.

Insider Activity

In other Exxon Mobil news, VP Darrin L. Talley sold 2,100 shares of the business’s stock in a transaction on Tuesday, February 4th. The shares were sold at an average price of $110.00, for a total value of $231,000.00. Following the transaction, the vice president now owns 18,087 shares in the company, valued at $1,989,570. The trade was a 10.40 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Insiders own 0.03% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts recently weighed in on the company. Argus upgraded Exxon Mobil to a “strong-buy” rating in a report on Tuesday, February 4th. Truist Financial raised their price target on Exxon Mobil from $117.00 to $119.00 and gave the company a “hold” rating in a research report on Monday, January 13th. Mizuho decreased their price objective on shares of Exxon Mobil from $137.00 to $134.00 and set a “neutral” rating on the stock in a research report on Monday, December 16th. JPMorgan Chase & Co. lowered their price target on shares of Exxon Mobil from $130.00 to $125.00 and set an “overweight” rating on the stock in a research report on Monday, December 16th. Finally, Wells Fargo & Company reduced their target price on Exxon Mobil from $136.00 to $135.00 and set an “overweight” rating on the stock in a research note on Monday, February 3rd. One equities research analyst has rated the stock with a sell rating, eight have assigned a hold rating, eleven have issued a buy rating and two have given a strong buy rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $129.25.

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.