Hall Laurie J Trustee Reduces Position in Exxon Mobil Co. (NYSE:XOM)

Hall Laurie J Trustee trimmed its position in Exxon Mobil Co. (NYSE:XOM - Free Report) by 23.4% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 12,392 shares of the oil and gas company's stock after selling 3,780 shares during the quarter. Hall Laurie J Trustee's holdings in Exxon Mobil were worth $1,333,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of XOM. Fairscale Capital LLC acquired a new stake in Exxon Mobil during the second quarter worth approximately $39,000. Hershey Financial Advisers LLC acquired a new stake in Exxon Mobil during the 2nd quarter worth $46,000. Retirement Wealth Solutions LLC purchased a new stake in Exxon Mobil in the fourth quarter valued at $46,000. Peterson Financial Group Inc. purchased a new position in shares of Exxon Mobil during the third quarter worth about $51,000. Finally, Highline Wealth Partners LLC acquired a new stake in shares of Exxon Mobil during the third quarter worth about $54,000. 61.80% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

XOM has been the subject of a number of research analyst reports. The Goldman Sachs Group upped their target price on Exxon Mobil from $118.00 to $120.00 in a research report on Thursday, October 31st. 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. Piper Sandler lowered their price objective on shares of Exxon Mobil from $138.00 to $127.00 and set an "overweight" rating on the stock in a research report on Thursday, December 19th. BMO Capital Markets lifted their price objective on shares of Exxon Mobil from $127.00 to $130.00 and gave the company a "market perform" rating in a research note on Friday, October 4th. Finally, Wolfe Research increased their target price on shares of Exxon Mobil from $137.00 to $138.00 in a research note on Thursday, October 31st. One equities research analyst has rated the stock with a sell rating, seven have issued a hold rating, ten have issued a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus price target of $128.84.

Exxon Mobil Price Performance

Exxon Mobil stock traded down $0.47 during mid-day trading on Tuesday, reaching $111.85. The company had a trading volume of 5,857,117 shares, compared to its average volume of 14,188,732. The stock's 50-day simple moving average is $112.40 and its 200-day simple moving average is $115.50. Exxon Mobil Co. has a 1 year low of $95.77 and a 1 year high of $126.34. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.35 and a quick ratio of 1.01. The company has a market capitalization of $491.61 billion, a P/E ratio of 13.92, a P/E/G ratio of 3.01 and a beta of 0.91.

Exxon Mobil (NYSE:XOM - Get Free Report) last issued its quarterly earnings data on Friday, November 1st. The oil and gas company reported $1.92 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.91 by $0.01. The firm had revenue of $90.02 billion during the quarter, compared to analysts' expectations of $93.98 billion. Exxon Mobil had a return on equity of 14.73% and a net margin of 9.61%. Exxon Mobil's revenue was down .8% on a year-over-year basis. During the same period in the previous year, the firm posted $2.27 earnings per share. On average, equities analysts predict that Exxon Mobil Co. will post 7.77 EPS for the current year.

Exxon Mobil Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, December 10th. Shareholders of record on Thursday, November 14th were issued a dividend of $0.99 per share. This is an increase from Exxon Mobil's previous quarterly dividend of $0.95. This represents a $3.96 annualized dividend and a yield of 3.54%. The ex-dividend date was Thursday, November 14th. Exxon Mobil's dividend payout ratio (DPR) is 49.32%.

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.