Exxon Mobil Co. (NYSE:XOM) Position Cut by Prairie Wealth Advisors Inc.

Prairie Wealth Advisors Inc. decreased its position in shares of Exxon Mobil Co. (NYSE:XOM) by 3.3% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 2,702 shares of the oil and gas company’s stock after selling 92 shares during the quarter. Prairie Wealth Advisors Inc.’s holdings in Exxon Mobil were worth $291,000 as of its most recent filing with the SEC.

Other institutional investors have also modified their holdings of the company. Keystone Financial Group Inc. bought a new position in Exxon Mobil in the 4th quarter worth about $36,000. Retirement Wealth Solutions LLC acquired a new position in shares of Exxon Mobil during the fourth quarter worth approximately $46,000. Peterson Financial Group Inc. bought a new position in Exxon Mobil in the 3rd quarter worth approximately $51,000. Highline Wealth Partners LLC acquired a new stake in Exxon Mobil in the 3rd quarter valued at approximately $54,000. Finally, Harbor Capital Advisors Inc. acquired a new stake in Exxon Mobil in the 3rd quarter valued at approximately $63,000. Institutional investors own 61.80% of the company’s stock.

Exxon Mobil Price Performance

NYSE XOM opened at $110.98 on Tuesday. The company has a current ratio of 1.31, a quick ratio of 0.97 and a debt-to-equity ratio of 0.14. Exxon Mobil Co. has a 1 year low of $100.42 and a 1 year high of $126.34. The company has a market cap of $487.75 billion, a PE ratio of 14.15, a PEG ratio of 2.94 and a beta of 0.89. The stock’s 50-day moving average price is $109.41 and its two-hundred day moving average price is $114.97.

Exxon Mobil (NYSE:XOM) last released its earnings results on Friday, January 31st. The oil and gas company reported $1.67 earnings per share for the quarter, missing the consensus estimate of $1.77 by ($0.10). Exxon Mobil had a return on equity of 12.92% and a net margin of 9.63%. During the same quarter in the previous year, the company earned $2.48 earnings per share. On average, analysts predict that Exxon Mobil Co. will post 7.37 EPS for the current year.

Exxon Mobil Announces Dividend

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

Insider Activity

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

Analysts Set New Price Targets

Several research firms have recently issued reports on XOM. Scotiabank decreased their price target on Exxon Mobil from $145.00 to $140.00 in a research note on Friday, January 31st. BMO Capital Markets decreased their target price on shares of Exxon Mobil from $130.00 to $123.00 and set a “market perform” rating for the company 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. Wolfe Research increased their price objective on shares of Exxon Mobil from $137.00 to $138.00 in a report on Thursday, October 31st. Finally, Bank of America assumed coverage on Exxon Mobil in a report on Thursday, October 17th. They set a “neutral” rating and a $124.00 target price on the stock. One research analyst has rated the stock with a sell rating, eight have assigned a hold rating, eleven have issued a buy rating and two have issued a strong buy rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $129.25.

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.