Sanctuary Advisors LLC Has $118.79 Million Holdings in Exxon Mobil Co. (NYSE:XOM)

Sanctuary Advisors LLC lowered its holdings in shares of Exxon Mobil Co. (NYSE:XOM - Free Report) by 8.3% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 1,084,114 shares of the oil and gas company's stock after selling 97,631 shares during the quarter. Exxon Mobil comprises about 0.8% of Sanctuary Advisors LLC's investment portfolio, making the stock its 18th biggest position. Sanctuary Advisors LLC's holdings in Exxon Mobil were worth $118,786,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of XOM. Whittier Trust Co. of Nevada Inc. boosted its position in Exxon Mobil by 8.3% during the third quarter. Whittier Trust Co. of Nevada Inc. now owns 131,683 shares of the oil and gas company's stock worth $15,436,000 after purchasing an additional 10,075 shares during the period. Plimoth Trust Co. LLC lifted its stake in shares of Exxon Mobil by 11.6% in the third quarter. Plimoth Trust Co. LLC now owns 48,827 shares of the oil and gas company's stock worth $5,724,000 after buying an additional 5,057 shares during the last quarter. Community Financial Services Group LLC boosted its holdings in shares of Exxon Mobil by 1.9% during the 3rd quarter. Community Financial Services Group LLC now owns 168,384 shares of the oil and gas company's stock worth $19,738,000 after buying an additional 3,113 shares during the period. Evernest Financial Advisors LLC grew its stake in Exxon Mobil by 59.6% in the 3rd quarter. Evernest Financial Advisors LLC now owns 13,764 shares of the oil and gas company's stock valued at $1,613,000 after buying an additional 5,139 shares during the last quarter. Finally, Roof Eidam Maycock Peralta LLC grew its stake in Exxon Mobil by 3.3% in the 3rd quarter. Roof Eidam Maycock Peralta LLC now owns 13,043 shares of the oil and gas company's stock valued at $1,529,000 after buying an additional 420 shares during the last quarter. 61.80% of the stock is currently owned by institutional investors.

Exxon Mobil Price Performance

XOM traded down $1.16 during midday trading on Friday, reaching $110.84. 6,684,855 shares of the company's stock were exchanged, compared to its average volume of 14,759,757. Exxon Mobil Co. has a one year low of $102.88 and a one year high of $126.34. The firm has a market capitalization of $487.14 billion, a price-to-earnings ratio of 14.15, a price-to-earnings-growth ratio of 2.97 and a beta of 0.89. The business has a 50-day simple moving average of $108.60 and a two-hundred day simple moving average of $114.52. The company has a quick ratio of 0.97, a current ratio of 1.31 and a debt-to-equity ratio of 0.14.

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 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 period last year, the business posted $2.48 earnings per share. As a group, research analysts predict that Exxon Mobil Co. will post 7.43 EPS for the current year.

Exxon Mobil Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, March 10th. Investors of record on Wednesday, February 12th will be issued a dividend of $0.99 per share. This represents a $3.96 annualized dividend and a yield of 3.57%. The ex-dividend date of this dividend is Wednesday, February 12th. Exxon Mobil's dividend payout ratio is currently 50.51%.

Analyst Upgrades and Downgrades

XOM has been the subject of a number of recent analyst reports. BMO Capital Markets decreased their price target on shares of Exxon Mobil from $130.00 to $123.00 and set a "market perform" rating for the company in a report on Friday, January 31st. Royal Bank of Canada restated a "sector perform" rating and set a $115.00 target price on shares of Exxon Mobil in a research note on Monday, February 3rd. Argus raised Exxon Mobil to a "strong-buy" rating in a report on Tuesday, February 4th. Morgan Stanley upped their price target on Exxon Mobil from $139.00 to $140.00 in a report on Friday, January 31st. Finally, 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 note on Thursday, December 19th. One equities research analyst has rated the stock with a sell rating, eight have given a hold rating, eleven have given a buy rating and two have issued a strong buy rating to the company's stock. Based on data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average target price of $129.25.

Insider Buying and Selling at Exxon Mobil

In other news, VP Darrin L. Talley sold 2,100 shares of the business's stock in a transaction that occurred on Tuesday, February 4th. The stock was sold at an average price of $110.00, for a total value of $231,000.00. Following the transaction, the vice president now directly owns 18,087 shares of the company's stock, valued at $1,989,570. The trade was a 10.40 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Company insiders own 0.03% of the company's stock.

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.