Exxon Mobil Co. (NYSE:XOM) Shares Sold by Terril Brothers Inc.

Terril Brothers Inc. decreased its stake in shares of Exxon Mobil Co. (NYSE:XOM) by 5.5% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 12,948 shares of the oil and gas company’s stock after selling 751 shares during the quarter. Exxon Mobil comprises 0.4% of Terril Brothers Inc.’s holdings, making the stock its 29th largest position. Terril Brothers Inc.’s holdings in Exxon Mobil were worth $1,393,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in XOM. Principal Securities Inc. raised its stake in Exxon Mobil by 12.2% during the third quarter. Principal Securities Inc. now owns 86,242 shares of the oil and gas company’s stock worth $10,109,000 after purchasing an additional 9,385 shares during the period. Creative Financial Designs Inc. ADV increased its holdings in shares of Exxon Mobil by 13.9% during the 3rd quarter. Creative Financial Designs Inc. ADV now owns 22,474 shares of the oil and gas company’s stock worth $2,634,000 after buying an additional 2,739 shares during the last quarter. Fonville Wealth Management LLC lifted its holdings in Exxon Mobil by 3.0% in the third quarter. Fonville Wealth Management LLC now owns 5,138 shares of the oil and gas company’s stock valued at $602,000 after acquiring an additional 148 shares during the last quarter. Gladstone Institutional Advisory LLC lifted its holdings in Exxon Mobil by 7.0% in the third quarter. Gladstone Institutional Advisory LLC now owns 97,735 shares of the oil and gas company’s stock valued at $11,457,000 after acquiring an additional 6,431 shares during the last quarter. Finally, Affinity Investment Advisors LLC grew its position in Exxon Mobil by 1.2% in the third quarter. Affinity Investment Advisors LLC now owns 30,979 shares of the oil and gas company’s stock worth $3,631,000 after acquiring an additional 382 shares during the period. Institutional investors and hedge funds own 61.80% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts have recently commented on XOM shares. Wells Fargo & Company decreased their price target on Exxon Mobil from $136.00 to $135.00 and set an “overweight” rating on the stock in a research note on Monday, February 3rd. The Goldman Sachs Group lowered their target price on shares of Exxon Mobil from $125.00 to $123.00 and set a “neutral” rating for the company in a research note on Friday, January 31st. 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 note on Thursday, December 12th. Truist Financial increased their price objective on shares of Exxon Mobil from $117.00 to $119.00 and gave the stock a “hold” rating in a research report on Monday, January 13th. Finally, Morgan Stanley upped their price target on Exxon Mobil from $139.00 to $140.00 in a research note on Friday, January 31st. One equities research analyst has rated the stock with a sell rating, eight have assigned a hold rating, eleven have assigned a buy rating and two have issued a strong buy rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $129.25.

Insider Transactions at Exxon Mobil

In related news, VP Darrin L. Talley sold 2,100 shares of Exxon Mobil stock in a transaction on Tuesday, February 4th. The shares were sold at an average price of $110.00, for a total transaction of $231,000.00. Following the sale, the vice president now directly owns 18,087 shares in the company, valued at $1,989,570. This trade represents 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. Insiders own 0.03% of the company’s stock.

Exxon Mobil Stock Performance

Shares of XOM stock opened at $111.33 on Monday. Exxon Mobil Co. has a 12 month low of $104.03 and a 12 month high of $126.34. 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 company has a market cap of $483.08 billion, a P/E ratio of 14.20, a PEG ratio of 3.02 and a beta of 0.89. The firm has a fifty day moving average price of $108.95 and a 200 day moving average price of $114.20.

Exxon Mobil (NYSE:XOM) last released its quarterly earnings data on Friday, January 31st. The oil and gas company reported $1.67 earnings per share (EPS) 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 period last year, the firm earned $2.48 EPS. Sell-side analysts predict that Exxon Mobil Co. will post 7.43 earnings per share for the current fiscal year.

Exxon Mobil Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, March 10th. Shareholders of record on Wednesday, February 12th will be issued a dividend of $0.99 per share. The ex-dividend date is Wednesday, February 12th. This represents a $3.96 dividend on an annualized basis and a yield of 3.56%. Exxon Mobil’s payout ratio is currently 50.51%.

About Exxon Mobil

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.