Exxon Mobil Co. (NYSE:XOM) Shares Sold by Mirador Capital Partners LP

Mirador Capital Partners LP lessened its holdings in Exxon Mobil Co. (NYSE:XOM - Free Report) by 25.0% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 6,936 shares of the oil and gas company's stock after selling 2,318 shares during the period. Mirador Capital Partners LP's holdings in Exxon Mobil were worth $746,000 at the end of the most recent quarter.

Several other institutional investors have also recently bought and sold shares of the business. Vertex Planning Partners LLC raised its stake in Exxon Mobil by 3.1% in the 3rd quarter. Vertex Planning Partners LLC now owns 2,778 shares of the oil and gas company's stock valued at $326,000 after purchasing an additional 83 shares during the last quarter. Etfidea LLC raised its position in shares of Exxon Mobil by 3.3% in the second quarter. Etfidea LLC now owns 2,669 shares of the oil and gas company's stock valued at $307,000 after buying an additional 85 shares during the last quarter. First Heartland Consultants Inc. lifted its stake in shares of Exxon Mobil by 0.9% in the third quarter. First Heartland Consultants Inc. now owns 9,451 shares of the oil and gas company's stock worth $1,108,000 after buying an additional 87 shares in the last quarter. Latitude Advisors LLC boosted its position in Exxon Mobil by 0.7% during the third quarter. Latitude Advisors LLC now owns 13,378 shares of the oil and gas company's stock worth $1,568,000 after acquiring an additional 88 shares during the last quarter. Finally, Longfellow Investment Management Co. LLC grew its stake in Exxon Mobil by 0.6% during the 3rd quarter. Longfellow Investment Management Co. LLC now owns 14,537 shares of the oil and gas company's stock valued at $1,704,000 after acquiring an additional 88 shares in the last quarter. Institutional investors and hedge funds own 61.80% of the company's stock.

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on XOM shares. Wells Fargo & Company upped their price target on Exxon Mobil from $135.00 to $136.00 and gave the company an "overweight" rating in a research report on Friday, September 27th. JPMorgan Chase & Co. dropped their target price on Exxon Mobil from $130.00 to $125.00 and set an "overweight" rating for the company in a report on Monday, December 16th. Morgan Stanley lowered their price target on shares of Exxon Mobil from $142.00 to $140.00 in a research report on Thursday, October 31st. Wolfe Research raised their price objective on shares of Exxon Mobil from $137.00 to $138.00 in a research report on Thursday, October 31st. Finally, Piper Sandler decreased their target price on shares of Exxon Mobil from $138.00 to $127.00 and set an "overweight" rating on the stock in a report on Thursday, December 19th. One investment analyst has rated the stock with a sell rating, seven have assigned a hold rating, ten have given a buy rating and one has issued a strong buy rating to the company's stock. According to data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average target price of $128.84.

Exxon Mobil Stock Up 0.9 %

Shares of Exxon Mobil stock traded up $1.05 during trading hours on Friday, reaching $112.37. 19,228,798 shares of the company were exchanged, compared to its average volume of 13,346,318. Exxon Mobil Co. has a 1 year low of $95.77 and a 1 year high of $126.34. The firm has a market cap of $493.89 billion, a PE ratio of 13.99, a PEG ratio of 2.70 and a beta of 0.91. The company has a debt-to-equity ratio of 0.13, a quick ratio of 1.01 and a current ratio of 1.35. The stock's fifty day moving average is $112.56 and its 200 day moving average is $115.50.

Exxon Mobil (NYSE:XOM - Get Free Report) last announced its quarterly earnings data on Friday, November 1st. The oil and gas company reported $1.92 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.91 by $0.01. Exxon Mobil had a return on equity of 14.73% and a net margin of 9.61%. The business had revenue of $90.02 billion during the quarter, compared to analysts' expectations of $93.98 billion. During the same quarter last year, the business posted $2.27 EPS. The business's quarterly revenue was down .8% compared to the same quarter last year. As a group, equities research analysts forecast that Exxon Mobil Co. will post 7.86 earnings per share for the current year.

Exxon Mobil Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, December 10th. Stockholders of record on Thursday, November 14th were given a dividend of $0.99 per share. This is a boost from Exxon Mobil's previous quarterly dividend of $0.95. This represents a $3.96 annualized dividend and a dividend yield of 3.52%. The ex-dividend date of this dividend was Thursday, November 14th. Exxon Mobil's payout ratio 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.