Exxon Mobil Co. (NYSE:XOM) Shares Sold by J.W. Cole Advisors Inc.

J.W. Cole Advisors Inc. trimmed its holdings in Exxon Mobil Co. (NYSE:XOM - Free Report) by 2.0% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 146,827 shares of the oil and gas company's stock after selling 3,042 shares during the period. Exxon Mobil comprises about 0.6% of J.W. Cole Advisors Inc.'s investment portfolio, making the stock its 23rd largest holding. J.W. Cole Advisors Inc.'s holdings in Exxon Mobil were worth $15,794,000 at the end of the most recent quarter.

Several other institutional investors have also recently bought and sold shares of the company. Whittier Trust Co. of Nevada Inc. grew its holdings in shares of Exxon Mobil by 8.3% during the 3rd quarter. Whittier Trust Co. of Nevada Inc. now owns 131,683 shares of the oil and gas company's stock worth $15,436,000 after purchasing an additional 10,075 shares in the last quarter. Plimoth Trust Co. LLC grew its stake in Exxon Mobil by 11.6% during the third quarter. Plimoth Trust Co. LLC now owns 48,827 shares of the oil and gas company's stock worth $5,724,000 after purchasing an additional 5,057 shares during the period. Community Financial Services Group LLC lifted its holdings in shares of Exxon Mobil by 1.9% in the third quarter. Community Financial Services Group LLC now owns 168,384 shares of the oil and gas company's stock valued at $19,738,000 after purchasing an additional 3,113 shares in the last quarter. Evernest Financial Advisors LLC lifted its holdings in shares of Exxon Mobil by 59.6% in the third quarter. Evernest Financial Advisors LLC now owns 13,764 shares of the oil and gas company's stock valued at $1,613,000 after purchasing an additional 5,139 shares in the last quarter. Finally, Roof Eidam Maycock Peralta LLC lifted its holdings in Exxon Mobil by 3.3% during the third quarter. Roof Eidam Maycock Peralta LLC now owns 13,043 shares of the oil and gas company's stock worth $1,529,000 after acquiring an additional 420 shares during the period. Institutional investors own 61.80% of the company's stock.

Wall Street Analysts Forecast Growth

XOM has been the subject of several recent analyst reports. Wolfe Research boosted their target price on Exxon Mobil from $137.00 to $138.00 in a research report on Thursday, October 31st. UBS Group reduced their target price on Exxon Mobil from $149.00 to $147.00 and set a "buy" rating on the stock in a report on Thursday, December 12th. Piper Sandler cut their target price on Exxon Mobil from $138.00 to $127.00 and set an "overweight" rating on the stock in a research note on Thursday, December 19th. The Goldman Sachs Group lowered their price target on Exxon Mobil from $125.00 to $123.00 and set a "neutral" rating on the stock in a report on Friday, January 31st. Finally, Scotiabank decreased their target price on Exxon Mobil from $145.00 to $140.00 in a report on Friday, January 31st. One research analyst has rated the stock with a sell rating, eight have issued a hold rating, eleven have given a buy rating and two have given a strong buy rating to the stock. According to data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $129.25.

Exxon Mobil Stock Down 1.0 %

NYSE XOM traded down $1.07 during trading hours on Friday, hitting $110.93. 6,333,360 shares of the company traded hands, compared to its average volume of 14,753,410. Exxon Mobil Co. has a twelve month low of $102.88 and a twelve month high of $126.34. The stock has a market capitalization of $487.57 billion, a price-to-earnings ratio of 14.15, a P/E/G ratio of 2.97 and a beta of 0.89. The business's 50-day moving average is $108.60 and its 200-day moving average is $114.52. The company has a debt-to-equity ratio of 0.14, a quick ratio of 0.97 and a current ratio of 1.31.

Exxon Mobil (NYSE:XOM - Get Free Report) last issued 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 in the prior year, the business posted $2.48 earnings per share. Sell-side analysts anticipate that Exxon Mobil Co. will post 7.43 earnings per share for the current year.

Exxon Mobil Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, March 10th. Stockholders of record on Wednesday, February 12th will be paid a dividend of $0.99 per share. The ex-dividend date is Wednesday, February 12th. This represents a $3.96 dividend on an annualized basis and a dividend yield of 3.57%. Exxon Mobil's dividend payout ratio (DPR) is currently 50.51%.

Insider Activity

In other Exxon Mobil 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 value of $231,000.00. Following the sale, the vice president now owns 18,087 shares in the company, valued at $1,989,570. The trade was a 10.40 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Insiders own 0.03% of the company's stock.

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.