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

Haverford Trust Co lowered its stake in shares of Exxon Mobil Co. (NYSE:XOM - Free Report) by 7.8% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 137,807 shares of the oil and gas company's stock after selling 11,611 shares during the quarter. Haverford Trust Co's holdings in Exxon Mobil were worth $14,824,000 at the end of the most recent quarter.

Several other large investors have also modified their holdings of the stock. Sequent Planning LLC raised its holdings in shares of Exxon Mobil by 62.8% in the 4th quarter. Sequent Planning LLC now owns 3,555 shares of the oil and gas company's stock worth $382,000 after purchasing an additional 1,372 shares during the period. Minneapolis Portfolio Management Group LLC raised its holdings in Exxon Mobil by 0.5% in the fourth quarter. Minneapolis Portfolio Management Group LLC now owns 169,191 shares of the oil and gas company's stock valued at $18,200,000 after buying an additional 923 shares during the period. Hirtle Callaghan & Co LLC lifted its position in Exxon Mobil by 7.2% during the fourth quarter. Hirtle Callaghan & Co LLC now owns 3,171 shares of the oil and gas company's stock valued at $341,000 after buying an additional 213 shares in the last quarter. Jackson Thornton Wealth Management LLC grew its stake in Exxon Mobil by 39.9% during the fourth quarter. Jackson Thornton Wealth Management LLC now owns 4,222 shares of the oil and gas company's stock worth $454,000 after buying an additional 1,204 shares during the period. Finally, Woodmont Investment Counsel LLC increased its position in shares of Exxon Mobil by 43.4% in the fourth quarter. Woodmont Investment Counsel LLC now owns 70,863 shares of the oil and gas company's stock worth $7,623,000 after acquiring an additional 21,455 shares in the last quarter. 61.80% of the stock is currently owned by hedge funds and other institutional investors.

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Exxon Mobil Stock Performance

XOM traded up $0.81 during trading hours on Tuesday, hitting $116.61. 12,075,161 shares of the stock were exchanged, compared to its average volume of 14,959,556. 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 12 month low of $103.67 and a 12 month high of $126.34. The stock has a 50-day simple moving average of $110.22 and a 200-day simple moving average of $113.58. The stock has a market cap of $505.99 billion, a price-to-earnings ratio of 14.87, a price-to-earnings-growth ratio of 3.02 and a beta of 0.83.

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 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 quarter last year, the business earned $2.48 earnings per share. Analysts anticipate that Exxon Mobil Co. will post 7.43 earnings per share for the current year.

Exxon Mobil Announces Dividend

The business also recently declared 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 dividend on an annualized basis and a dividend yield of 3.40%. The ex-dividend date of this dividend was Wednesday, February 12th. Exxon Mobil's payout ratio is 50.51%.

Insider Buying and Selling

In other Exxon Mobil news, VP Darrin L. Talley sold 2,100 shares of the firm's stock in a transaction on Tuesday, February 4th. The stock was sold at an average price of $110.00, for a total value of $231,000.00. Following the sale, the vice president now directly owns 18,087 shares in the company, valued at approximately $1,989,570. This trade represents a 10.40 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Company insiders own 0.03% of the company's stock.

Wall Street Analysts Forecast Growth

Several research firms recently weighed in on XOM. Truist Financial lifted their target price on shares of Exxon Mobil from $117.00 to $119.00 and gave the company a "hold" rating in a report on Monday, January 13th. Wells Fargo & Company decreased their target price on Exxon Mobil from $136.00 to $135.00 and set an "overweight" rating for the company in a research report on Monday, February 3rd. UBS Group reduced their price target on Exxon Mobil from $149.00 to $147.00 and set a "buy" rating on the stock in a research report on Thursday, December 12th. Barclays lowered their price objective on shares of Exxon Mobil from $137.00 to $135.00 and set an "overweight" rating for the company in a research report on Tuesday, March 18th. Finally, Argus raised shares of Exxon Mobil to a "strong-buy" rating in a research report on Tuesday, February 4th. One research analyst has rated the stock with a sell rating, eight have assigned a hold rating, eleven have given a buy rating and two have given a strong buy rating to the company's stock. Based on data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average price target of $129.15.

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.