Broadleaf Partners LLC Sells 1,645 Shares of Exxon Mobil Co. (NYSE:XOM)

Broadleaf Partners LLC lessened its holdings in shares of Exxon Mobil Co. (NYSE:XOM) by 25.5% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 4,812 shares of the oil and gas company’s stock after selling 1,645 shares during the quarter. Broadleaf Partners LLC’s holdings in Exxon Mobil were worth $518,000 at the end of the most recent quarter.

A number of other large investors also recently added to or reduced their stakes in XOM. Fairway Wealth LLC bought a new position in shares of Exxon Mobil during the fourth quarter worth $31,000. 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 shares of Exxon Mobil during the 4th quarter valued at about $46,000. Compass Planning Associates Inc bought a new stake in shares of Exxon Mobil in the fourth quarter worth about $47,000. Finally, Synergy Investment Management LLC bought a new stake in shares of Exxon Mobil in the fourth quarter worth about $47,000. 61.80% of the stock is owned by hedge funds and other institutional investors.

Exxon Mobil Price Performance

Exxon Mobil stock opened at $106.84 on Friday. The stock has a market cap of $462.12 billion, a price-to-earnings ratio of 13.63, a price-to-earnings-growth ratio of 3.02 and a beta of 0.61. The firm has a 50-day moving average of $109.92 and a two-hundred day moving average of $112.90. Exxon Mobil Co. has a 1 year low of $97.80 and a 1 year high of $126.34. The company has a debt-to-equity ratio of 0.14, a current ratio of 1.31 and a quick ratio of 0.97.

Exxon Mobil (NYSE:XOM) last announced its quarterly earnings results on Friday, January 31st. The oil and gas company reported $1.67 earnings per share (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 period in the previous year, the business posted $2.48 earnings per share. On average, research analysts forecast that Exxon Mobil Co. will post 7.43 earnings per share for the current year.

Exxon Mobil Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, March 10th. Stockholders of record on Wednesday, February 12th were paid a dividend of $0.99 per share. The ex-dividend date of this dividend was Wednesday, February 12th. This represents a $3.96 annualized dividend and a dividend yield of 3.71%. Exxon Mobil’s dividend payout ratio is currently 50.51%.

Insider Activity at Exxon Mobil

In other Exxon Mobil news, VP Darrin L. Talley sold 2,100 shares of the firm’s stock in a transaction dated 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 owns 18,087 shares of the company’s stock, valued at approximately $1,989,570. This trade represents a 10.40 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 0.03% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

XOM has been the subject of a number of recent research reports. HSBC cut their target price on shares of Exxon Mobil from $125.00 to $123.00 and set a “hold” rating for the company in a report on Friday, January 31st. UBS Group reduced their target price on shares of Exxon Mobil from $135.00 to $131.00 and set a “buy” rating on the stock in a report on Monday. Wells Fargo & Company lowered their price target on shares of Exxon Mobil from $136.00 to $135.00 and set an “overweight” rating for the company in a report on Monday, February 3rd. Barclays reduced their price objective on Exxon Mobil from $137.00 to $135.00 and set an “overweight” rating on the stock in a research note on Tuesday, March 18th. Finally, Bernstein Bank raised their price objective on Exxon Mobil from $138.00 to $144.00 and gave the company an “overweight” rating in a research note on Friday, January 31st. One investment analyst has rated the stock with a sell rating, eight have issued a hold rating, eleven have assigned a buy rating and two have assigned a strong buy rating to the company’s stock. According to MarketBeat.com, Exxon Mobil has a consensus rating of “Moderate Buy” and an average price target of $126.75.

Exxon Mobil Company 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.