Exxon Mobil Co. (NYSE:XOM) Holdings Trimmed by RWWM Inc.

RWWM Inc. lowered its holdings in Exxon Mobil Co. (NYSE:XOM - Free Report) by 2.4% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 972,730 shares of the oil and gas company's stock after selling 23,589 shares during the quarter. Exxon Mobil accounts for 9.6% of RWWM Inc.'s holdings, making the stock its 5th biggest position. RWWM Inc.'s holdings in Exxon Mobil were worth $104,637,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Fairway Wealth LLC purchased a new position in shares of Exxon Mobil during the 4th quarter valued at approximately $31,000. Keystone Financial Group Inc. purchased a new position in Exxon Mobil in the fourth quarter valued at $36,000. Retirement Wealth Solutions LLC purchased a new stake in shares of Exxon Mobil during the 4th quarter worth about $46,000. Compass Planning Associates Inc acquired a new stake in shares of Exxon Mobil during the 4th quarter valued at about $47,000. Finally, Synergy Investment Management LLC purchased a new position in shares of Exxon Mobil in the 4th quarter valued at about $47,000. Hedge funds and other institutional investors own 61.80% of the company's stock.

Insider Activity at Exxon Mobil

In other Exxon Mobil news, VP Darrin L. Talley sold 2,100 shares of Exxon Mobil stock in a transaction dated 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 sale, the vice president now directly owns 18,087 shares in the company, valued at $1,989,570. This trade represents a 10.40 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 0.03% of the stock is owned by insiders.

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Exxon Mobil Trading Up 0.2 %

XOM stock traded up $0.17 during trading on Monday, reaching $103.31. 18,018,068 shares of the stock were exchanged, compared to its average volume of 15,991,340. The company has a current ratio of 1.31, a quick ratio of 0.97 and a debt-to-equity ratio of 0.14. The firm has a market capitalization of $446.85 billion, a price-to-earnings ratio of 13.18, a P/E/G ratio of 3.02 and a beta of 0.61. The business has a 50 day moving average price of $110.20 and a 200-day moving average price of $113.10. Exxon Mobil Co. has a 1 year low of $97.80 and a 1 year high of $126.34.

Exxon Mobil (NYSE:XOM - Get Free Report) last released 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 in the previous year, the business posted $2.48 EPS. On average, research analysts predict that Exxon Mobil Co. will post 7.43 earnings per share for the current year.

Exxon Mobil Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, March 10th. Investors 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 3.83%. The ex-dividend date of this dividend was Wednesday, February 12th. Exxon Mobil's payout ratio is 50.51%.

Wall Street Analyst Weigh In

XOM has been the topic of a number of recent analyst reports. Mizuho lowered their price target on Exxon Mobil from $131.00 to $129.00 and set a "neutral" rating on the stock in a research report on Thursday, April 3rd. Wells Fargo & Company decreased their target price on Exxon Mobil from $136.00 to $135.00 and set an "overweight" rating on the stock in a research report on Monday, February 3rd. Bernstein Bank boosted their price target 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. The Goldman Sachs Group decreased their price objective on shares of Exxon Mobil from $125.00 to $123.00 and set a "neutral" rating on the stock in a report on Friday, January 31st. Finally, Piper Sandler reduced their price target on shares of Exxon Mobil from $138.00 to $127.00 and set an "overweight" rating for the company in a research report on Thursday, December 19th. One research analyst has rated the stock with a sell rating, eight have given a hold rating, eleven have issued a buy rating and two have issued a strong buy rating to the company's stock. According to data from MarketBeat.com, Exxon Mobil has an average rating of "Moderate Buy" and a consensus price target of $126.75.

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.