Exxon Mobil Co. (NYSE:XOM) Shares Sold by Blueprint Investment Partners LLC

Blueprint Investment Partners LLC cut its position in Exxon Mobil Co. (NYSE:XOM - Free Report) by 61.8% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 6,623 shares of the oil and gas company's stock after selling 10,698 shares during the quarter. Blueprint Investment Partners LLC's holdings in Exxon Mobil were worth $712,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors also recently modified their holdings of the company. Principal Financial Group Inc. grew its holdings in shares of Exxon Mobil by 8.4% during the third quarter. Principal Financial Group Inc. now owns 6,709,202 shares of the oil and gas company's stock valued at $786,453,000 after buying an additional 521,932 shares during the last quarter. United Bank increased its stake in Exxon Mobil by 3.7% during the third quarter. United Bank now owns 17,920 shares of the oil and gas company's stock worth $2,101,000 after acquiring an additional 641 shares during the last quarter. Pacer Advisors Inc. grew its holdings in Exxon Mobil by 4.1% during the 3rd quarter. Pacer Advisors Inc. now owns 335,319 shares of the oil and gas company's stock valued at $39,306,000 after purchasing an additional 13,215 shares during the last quarter. Eagle Asset Management Inc. boosted its position in Exxon Mobil by 3.2% in the 3rd quarter. Eagle Asset Management Inc. now owns 61,484 shares of the oil and gas company's stock valued at $7,446,000 after buying an additional 1,935 shares during the period. Finally, Stonebrook Private Inc. grew its position in shares of Exxon Mobil by 7.9% during the 3rd quarter. Stonebrook Private Inc. now owns 6,550 shares of the oil and gas company's stock worth $768,000 after buying an additional 480 shares in the last quarter. Hedge funds and other institutional investors own 61.80% of the company's stock.

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Exxon Mobil Stock Performance

Shares of NYSE:XOM traded up $0.59 during midday trading on Tuesday, hitting $116.39. The company had a trading volume of 4,797,994 shares, compared to its average volume of 14,959,556. The company has a fifty day moving average of $110.22 and a two-hundred day moving average of $113.58. The company has a market cap of $505.02 billion, a price-to-earnings ratio of 14.83, a PEG ratio of 3.02 and a beta of 0.83. Exxon Mobil Co. has a 12-month low of $103.67 and a 12-month 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 - Get Free Report) last posted 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 return on equity of 12.92% and a net margin of 9.63%. During the same period in the prior year, the company posted $2.48 EPS. On average, equities research analysts expect that Exxon Mobil Co. will post 7.43 EPS for the current fiscal year.

Exxon Mobil Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, March 10th. Stockholders of record on Wednesday, February 12th were given a $0.99 dividend. This represents a $3.96 dividend on an annualized basis and a dividend yield of 3.40%. The ex-dividend date was Wednesday, February 12th. Exxon Mobil's dividend payout ratio (DPR) is 50.51%.

Insiders Place Their Bets

In related 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 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 document filed with the SEC, which is accessible through the SEC website. 0.03% of the stock is owned by insiders.

Analyst Ratings Changes

Several analysts have recently commented on XOM shares. TD Cowen decreased their price objective on Exxon Mobil from $132.00 to $128.00 and set a "buy" rating for the company in a report on Monday, December 16th. Scotiabank dropped their target price on shares of Exxon Mobil from $145.00 to $140.00 in a research report on Friday, January 31st. Piper Sandler dropped their target price on shares of Exxon Mobil from $138.00 to $127.00 and set an "overweight" rating for the company in a report on Thursday, December 19th. Morgan Stanley lifted their price objective on Exxon Mobil from $139.00 to $140.00 in a research note on Friday, January 31st. Finally, JPMorgan Chase & Co. dropped their target price on Exxon Mobil from $130.00 to $125.00 and set an "overweight" rating on the stock in a report on Monday, December 16th. One investment analyst has rated the stock with a sell rating, eight have given a hold rating, eleven have given a buy rating and two have issued a strong buy rating to the stock. According to data from MarketBeat, the company has an average rating of "Moderate Buy" and an average price target of $129.15.

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.