Banco Bilbao Vizcaya Argentaria S.A. Sells 20,375 Shares of Exxon Mobil Co. (NYSE:XOM)

Banco Bilbao Vizcaya Argentaria S.A. lessened its stake in Exxon Mobil Co. (NYSE:XOM - Free Report) by 9.7% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 189,484 shares of the oil and gas company's stock after selling 20,375 shares during the period. Banco Bilbao Vizcaya Argentaria S.A.'s holdings in Exxon Mobil were worth $20,353,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of XOM. Rockline Wealth Management LLC lifted its holdings in Exxon Mobil by 6.1% in the 4th quarter. Rockline Wealth Management LLC now owns 25,918 shares of the oil and gas company's stock valued at $2,788,000 after acquiring an additional 1,498 shares during the last quarter. Renasant Bank lifted its stake in Exxon Mobil by 5.0% during the fourth quarter. Renasant Bank now owns 10,369 shares of the oil and gas company's stock valued at $1,115,000 after purchasing an additional 493 shares during the last quarter. Helen Stephens Group LLC lifted its stake in Exxon Mobil by 7.3% during the fourth quarter. Helen Stephens Group LLC now owns 41,637 shares of the oil and gas company's stock valued at $4,479,000 after purchasing an additional 2,825 shares during the last quarter. Hartford Funds Management Co LLC bought a new stake in Exxon Mobil during the fourth quarter worth approximately $543,000. Finally, Virtus Wealth Solutions LLC acquired a new position in Exxon Mobil in the fourth quarter worth approximately $286,000. Institutional investors and hedge funds own 61.80% of the company's stock.

Insider Transactions at Exxon Mobil

In related news, VP Darrin L. Talley sold 2,100 shares of the company'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 completion of the sale, the vice president now directly owns 18,087 shares in the company, valued at approximately $1,989,570. This represents a 10.40 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this link. 0.03% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

Several equities research analysts have recently weighed in on XOM shares. Truist Financial raised their price objective on Exxon Mobil from $117.00 to $119.00 and gave the stock a "hold" rating in a research note on Monday, January 13th. Morgan Stanley decreased their price target on Exxon Mobil from $141.00 to $138.00 and set an "overweight" rating for the company in a research report on Thursday, March 27th. Barclays cut their price objective on Exxon Mobil from $135.00 to $130.00 and set an "overweight" rating on the stock in a report on Wednesday. Bernstein Bank raised their target price on shares of Exxon Mobil from $138.00 to $144.00 and gave the stock an "overweight" rating in a report on Friday, January 31st. Finally, Scotiabank cut their price target on shares of Exxon Mobil from $140.00 to $115.00 and set a "sector outperform" rating on the stock in a report on Friday, April 11th. One analyst has rated the stock with a sell rating, eight have issued a hold rating, eleven have assigned a buy rating and two have given a strong buy rating to the company. According to data from MarketBeat, the company has an average rating of "Moderate Buy" and a consensus target price of $126.50.

Exxon Mobil Stock Down 0.0 %

XOM traded down $0.02 during trading on Friday, reaching $108.61. 11,244,625 shares of the stock traded hands, compared to its average volume of 15,929,845. 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 Co. has a fifty-two week low of $97.80 and a fifty-two week high of $126.34. The stock's 50-day simple moving average is $109.75 and its two-hundred day simple moving average is $112.27. The stock has a market cap of $469.77 billion, a price-to-earnings ratio of 13.85, a price-to-earnings-growth ratio of 3.02 and a beta of 0.61.

Exxon Mobil (NYSE:XOM - Get Free Report) 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 the consensus estimate 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 last year, the business earned $2.48 EPS. As a group, equities research analysts expect that Exxon Mobil Co. will post 7.43 EPS for the current year.

Exxon Mobil Dividend Announcement

The firm 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 was Wednesday, February 12th. This represents a $3.96 annualized dividend and a dividend yield of 3.65%. Exxon Mobil's dividend payout ratio (DPR) is 50.51%.

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.