Radnor Capital Management LLC Has $16.32 Million Stake in Exxon Mobil Co. (NYSE:XOM)

Radnor Capital Management LLC lowered its stake in Exxon Mobil Co. (NYSE:XOM - Free Report) by 9.2% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 151,754 shares of the oil and gas company's stock after selling 15,390 shares during the period. Exxon Mobil makes up 2.7% of Radnor Capital Management LLC's portfolio, making the stock its 4th largest holding. Radnor Capital Management LLC's holdings in Exxon Mobil were worth $16,324,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently bought and sold shares of the stock. Fairway Wealth LLC bought a new stake in shares of Exxon Mobil in the second quarter valued at about $35,000. Fairscale Capital LLC bought a new stake in Exxon Mobil in the 2nd quarter valued at about $39,000. Hershey Financial Advisers LLC acquired a new position in shares of Exxon Mobil during the 2nd quarter worth approximately $46,000. Peterson Financial Group Inc. bought a new position in shares of Exxon Mobil during the third quarter worth approximately $51,000. Finally, Highline Wealth Partners LLC acquired a new stake in shares of Exxon Mobil in the third quarter valued at approximately $54,000. 61.80% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

XOM has been the topic of a number of analyst reports. Wells Fargo & Company increased their price target on Exxon Mobil from $135.00 to $136.00 and gave the stock an "overweight" rating in a research report on Friday, September 27th. Truist Financial raised their price target on Exxon Mobil from $117.00 to $119.00 and gave the stock a "hold" rating in a research report on Monday. Morgan Stanley cut their price objective on shares of Exxon Mobil from $142.00 to $140.00 in a research report on Thursday, October 31st. BNP Paribas lowered shares of Exxon Mobil from a "neutral" rating to an "underperform" rating and set a $105.00 target price on the stock. in a report on Wednesday, October 9th. Finally, UBS Group reduced 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. One analyst has rated the stock with a sell rating, seven have issued a hold rating, ten have given a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, Exxon Mobil presently has an average rating of "Moderate Buy" and an average price target of $128.84.

Exxon Mobil Trading Down 0.6 %

NYSE XOM traded down $0.68 during trading hours on Thursday, reaching $110.83. The company's stock had a trading volume of 1,425,172 shares, compared to its average volume of 13,598,940. The firm has a fifty day simple moving average of $113.12 and a 200-day simple moving average of $115.58. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.35 and a quick ratio of 1.01. Exxon Mobil Co. has a 52 week low of $95.77 and a 52 week high of $126.34. The stock has a market cap of $487.11 billion, a P/E ratio of 13.80, a P/E/G ratio of 2.70 and a beta of 0.91.

Exxon Mobil (NYSE:XOM - Get Free Report) last released its quarterly earnings results on Friday, November 1st. The oil and gas company reported $1.92 EPS for the quarter, beating analysts' consensus estimates of $1.91 by $0.01. The firm had revenue of $90.02 billion for the quarter, compared to analyst estimates of $93.98 billion. Exxon Mobil had a return on equity of 14.73% and a net margin of 9.61%. The business's revenue was down .8% on a year-over-year basis. During the same quarter in the previous year, the company posted $2.27 EPS. Equities analysts forecast that Exxon Mobil Co. will post 7.86 earnings per share for the current fiscal year.

Exxon Mobil Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, December 10th. Stockholders of record on Thursday, November 14th were paid a $0.99 dividend. This represents a $3.96 dividend on an annualized basis and a dividend yield of 3.57%. This is an increase from Exxon Mobil's previous quarterly dividend of $0.95. The ex-dividend date was Thursday, November 14th. Exxon Mobil's payout ratio is currently 49.32%.

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.