Moloney Securities Asset Management LLC Decreases Stake in Exxon Mobil Co. (NYSE:XOM)

Moloney Securities Asset Management LLC decreased its holdings in shares of Exxon Mobil Co. (NYSE:XOM - Free Report) by 6.8% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 46,829 shares of the oil and gas company's stock after selling 3,441 shares during the period. Moloney Securities Asset Management LLC's holdings in Exxon Mobil were worth $5,037,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also recently modified their holdings of XOM. FMR LLC lifted its stake in shares of Exxon Mobil by 0.3% during the 3rd quarter. FMR LLC now owns 151,863,649 shares of the oil and gas company's stock valued at $17,801,457,000 after buying an additional 395,218 shares in the last quarter. Geode Capital Management LLC lifted its stake in Exxon Mobil by 1.8% in the 3rd quarter. Geode Capital Management LLC now owns 92,194,981 shares of the oil and gas company's stock worth $10,777,735,000 after purchasing an additional 1,622,064 shares in the last quarter. Franklin Resources Inc. lifted its stake in Exxon Mobil by 16.3% in the 3rd quarter. Franklin Resources Inc. now owns 31,522,556 shares of the oil and gas company's stock worth $3,936,929,000 after purchasing an additional 4,415,012 shares in the last quarter. Charles Schwab Investment Management Inc. lifted its stake in Exxon Mobil by 0.5% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 31,160,117 shares of the oil and gas company's stock worth $3,652,589,000 after purchasing an additional 146,374 shares in the last quarter. Finally, Fisher Asset Management LLC lifted its stake in Exxon Mobil by 3.4% in the 3rd quarter. Fisher Asset Management LLC now owns 29,197,557 shares of the oil and gas company's stock worth $3,422,538,000 after purchasing an additional 949,875 shares in the last quarter. Institutional investors own 61.80% of the company's stock.

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Insiders Place Their Bets

In other news, VP Darrin L. Talley sold 2,100 shares of the company's stock in a transaction that occurred 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 owns 18,087 shares of the company's stock, valued at approximately $1,989,570. This represents a 10.40 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders own 0.03% of the company's stock.

Analysts Set New Price Targets

Several analysts have commented on XOM shares. Wolfe Research boosted their price target on shares of Exxon Mobil from $137.00 to $138.00 in a research note on Thursday, October 31st. Piper Sandler decreased their price target on shares of Exxon Mobil from $138.00 to $127.00 and set an "overweight" rating on the stock in a research note on Thursday, December 19th. Morgan Stanley boosted their target price on shares of Exxon Mobil from $139.00 to $140.00 in a report on Friday, January 31st. HSBC reduced their target price on shares of Exxon Mobil from $125.00 to $123.00 and set a "hold" rating on the stock in a report on Friday, January 31st. Finally, Scotiabank reduced their target price on shares of Exxon Mobil from $145.00 to $140.00 in a report on Friday, January 31st. 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 assigned a strong buy rating to the stock. Based on data from MarketBeat, Exxon Mobil has a consensus rating of "Moderate Buy" and a consensus price target of $129.25.

Exxon Mobil Trading Up 0.0 %

XOM stock traded up $0.04 during mid-day trading on Friday, reaching $108.17. The company had a trading volume of 15,726,568 shares, compared to its average volume of 14,547,446. The company has a debt-to-equity ratio of 0.14, a current ratio of 1.31 and a quick ratio of 0.97. The company has a market capitalization of $475.42 billion, a PE ratio of 13.80, a price-to-earnings-growth ratio of 2.94 and a beta of 0.89. The firm has a 50 day moving average of $108.78 and a 200 day moving average of $114.73. Exxon Mobil Co. has a 12 month low of $100.60 and a 12 month high of $126.34.

Exxon Mobil (NYSE:XOM - Get Free Report) last issued its earnings results on Friday, January 31st. The oil and gas company reported $1.67 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 quarter in the prior year, the company earned $2.48 earnings per share. On average, equities analysts predict that Exxon Mobil Co. will post 7.37 earnings per share for the current fiscal year.

Exxon Mobil Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, March 10th. Shareholders of record on Wednesday, February 12th will be paid a $0.99 dividend. The ex-dividend date of this dividend is Wednesday, February 12th. This represents a $3.96 dividend on an annualized basis and a yield of 3.66%. Exxon Mobil's dividend payout ratio is currently 50.51%.

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.