Exxon Mobil Co. (NYSE:XOM) Shares Sold by Highview Capital Management LLC DE

Highview Capital Management LLC DE decreased its position in shares of Exxon Mobil Co. (NYSE:XOM - Free Report) by 56.2% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 6,176 shares of the oil and gas company's stock after selling 7,912 shares during the period. Highview Capital Management LLC DE's holdings in Exxon Mobil were worth $664,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. FMR LLC increased its stake in 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 purchasing an additional 395,218 shares in the last quarter. Geode Capital Management LLC increased its stake in shares of Exxon Mobil by 1.8% in the third 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 acquiring an additional 1,622,064 shares during the period. Franklin Resources Inc. increased its stake in shares of Exxon Mobil by 16.3% in the third quarter. Franklin Resources Inc. now owns 31,522,556 shares of the oil and gas company's stock worth $3,936,929,000 after acquiring an additional 4,415,012 shares during the period. Charles Schwab Investment Management Inc. increased its stake in shares of Exxon Mobil by 0.5% in the third 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 acquiring an additional 146,374 shares during the period. Finally, Fisher Asset Management LLC increased its stake in shares of Exxon Mobil by 3.4% in the third 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 acquiring an additional 949,875 shares during the period. Hedge funds and other institutional investors own 61.80% of the company's stock.

Insider Buying and Selling at Exxon Mobil

In related news, VP Darrin L. Talley sold 2,100 shares of Exxon Mobil 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 transaction, the vice president now owns 18,087 shares in the company, valued at approximately $1,989,570. The trade was a 10.40 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Company insiders own 0.03% of the company's stock.

Exxon Mobil Trading Down 1.2 %

XOM stock traded down $1.33 during trading on Friday, reaching $110.67. 14,676,984 shares of the stock were exchanged, compared to its average volume of 15,010,274. 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 business has a 50 day moving average price of $108.60 and a 200-day moving average price of $114.52. Exxon Mobil Co. has a 1 year low of $102.88 and a 1 year high of $126.34. The firm has a market capitalization of $486.39 billion, a price-to-earnings ratio of 14.12, a P/E/G ratio of 2.97 and a beta of 0.89.

Exxon Mobil (NYSE:XOM - Get Free Report) last announced its quarterly earnings results on Friday, January 31st. The oil and gas company reported $1.67 earnings per share for the quarter, missing analysts' consensus estimates 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 firm earned $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 business also recently declared a quarterly dividend, which will be paid on Monday, March 10th. Shareholders of record on Wednesday, February 12th will be given a dividend of $0.99 per share. This represents a $3.96 dividend on an annualized basis and a dividend yield of 3.58%. The ex-dividend date is Wednesday, February 12th. Exxon Mobil's dividend payout ratio is presently 50.51%.

Wall Street Analyst Weigh In

A number of analysts have recently weighed in on XOM shares. BMO Capital Markets cut their price objective on shares of Exxon Mobil from $130.00 to $123.00 and set a "market perform" rating on the stock in a research note on Friday, January 31st. UBS Group dropped their price target on shares of Exxon Mobil from $149.00 to $147.00 and set a "buy" rating on the stock in a research report on Thursday, December 12th. Bernstein Bank raised their price target on shares of Exxon Mobil from $138.00 to $144.00 and gave the company an "overweight" rating in a research report on Friday, January 31st. Piper Sandler dropped 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 report on Thursday, December 19th. Finally, Wolfe Research increased their price objective on shares of Exxon Mobil from $137.00 to $138.00 in a report on Thursday, October 31st. One investment analyst has rated the stock with a sell rating, eight have issued a hold rating, eleven have given a buy rating and two have assigned a strong buy rating to the stock. According to MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average target price of $129.25.

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.