Exxon Mobil Co. (NYSE:XOM) Shares Sold by Colonial Trust Advisors

Colonial Trust Advisors cut its holdings in Exxon Mobil Co. (NYSE:XOM) by 6.2% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 21,135 shares of the oil and gas company’s stock after selling 1,390 shares during the period. Colonial Trust Advisors’ holdings in Exxon Mobil were worth $2,273,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in the business. Bank of Hawaii increased its position in shares of Exxon Mobil by 0.4% during the fourth quarter. Bank of Hawaii now owns 49,057 shares of the oil and gas company’s stock worth $5,277,000 after acquiring an additional 198 shares during the period. Scotia Capital Inc. increased its position in shares of Exxon Mobil by 7.0% during the fourth quarter. Scotia Capital Inc. now owns 260,220 shares of the oil and gas company’s stock worth $27,995,000 after acquiring an additional 17,051 shares during the period. F M Investments LLC increased its position in shares of Exxon Mobil by 14.6% during the fourth quarter. F M Investments LLC now owns 136,529 shares of the oil and gas company’s stock worth $14,686,000 after acquiring an additional 17,418 shares during the period. Estabrook Capital Management increased its position in shares of Exxon Mobil by 1.2% during the fourth quarter. Estabrook Capital Management now owns 77,452 shares of the oil and gas company’s stock worth $8,332,000 after acquiring an additional 915 shares during the period. Finally, Cutler Capital Management LLC purchased a new stake in shares of Exxon Mobil during the fourth quarter worth $110,000. 61.80% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several equities analysts recently commented on XOM shares. TD Cowen dropped their target price on Exxon Mobil from $132.00 to $128.00 and set a “buy” rating on the stock in a report on Monday, December 16th. Barclays dropped their target price on Exxon Mobil from $137.00 to $135.00 and set an “overweight” rating on the stock in a report on Tuesday, March 18th. Mizuho dropped their target price on Exxon Mobil from $131.00 to $129.00 and set a “neutral” rating on the stock in a report on Thursday, April 3rd. Truist Financial raised their price objective on Exxon Mobil from $117.00 to $119.00 and gave the stock a “hold” rating in a report on Monday, January 13th. Finally, UBS Group dropped their price objective on Exxon Mobil from $146.00 to $135.00 and set a “buy” rating on the stock in a report on Monday. One equities research analyst has rated the stock with a sell rating, eight have given a hold rating, eleven have assigned a buy rating and two have issued a strong buy rating to the company’s stock. According to data from MarketBeat.com, Exxon Mobil has a consensus rating of “Moderate Buy” and a consensus price target of $128.20.

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 shares were sold at an average price of $110.00, for a total transaction of $231,000.00. Following the transaction, the vice president now directly owns 18,087 shares of the company’s stock, valued at $1,989,570. The trade was a 10.40 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Insiders own 0.03% of the company’s stock.

Exxon Mobil Trading Up 5.2 %

XOM opened at $106.00 on Thursday. The company’s 50 day moving average is $110.61 and its 200-day moving average is $113.39. Exxon Mobil Co. has a 1-year low of $98.13 and a 1-year high of $126.34. The company has a current ratio of 1.31, a quick ratio of 0.97 and a debt-to-equity ratio of 0.14. The company has a market cap of $459.95 billion, a P/E ratio of 13.52, a PEG ratio of 3.02 and a beta of 0.61.

Exxon Mobil (NYSE:XOM) last released its quarterly earnings results 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 in the prior year, the business posted $2.48 EPS. Equities research analysts predict that Exxon Mobil Co. will post 7.43 earnings per share for the current fiscal year.

Exxon Mobil Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, March 10th. Stockholders of record on Wednesday, February 12th were given a dividend of $0.99 per share. This represents a $3.96 annualized dividend and a dividend yield of 3.74%. The ex-dividend date was Wednesday, February 12th. Exxon Mobil’s dividend payout ratio (DPR) is 50.51%.

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.