Sentry LLC Has $6.03 Million Stock Position in Exxon Mobil Co. (NYSE:XOM)

Sentry LLC lessened its holdings in shares of Exxon Mobil Co. (NYSE:XOM) by 22.7% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 51,448 shares of the oil and gas company’s stock after selling 15,123 shares during the quarter. Exxon Mobil makes up approximately 1.2% of Sentry LLC’s investment portfolio, making the stock its 11th largest position. Sentry LLC’s holdings in Exxon Mobil were worth $6,031,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. FPC Investment Advisory Inc. bought a new stake in Exxon Mobil in the 1st quarter valued at $25,000. Fairway Wealth LLC acquired a new stake in shares of Exxon Mobil during the 2nd quarter worth about $35,000. Anfield Capital Management LLC boosted its holdings in shares of Exxon Mobil by 360.0% during the 2nd quarter. Anfield Capital Management LLC now owns 322 shares of the oil and gas company’s stock worth $37,000 after buying an additional 252 shares during the period. Fairscale Capital LLC bought a new position in Exxon Mobil in the 2nd quarter valued at about $39,000. Finally, POM Investment Strategies LLC raised its holdings in Exxon Mobil by 918.9% in the 2nd quarter. POM Investment Strategies LLC now owns 377 shares of the oil and gas company’s stock valued at $43,000 after acquiring an additional 340 shares during the period. Institutional investors own 61.80% of the company’s stock.

Exxon Mobil Stock Down 3.0 %

XOM stock opened at $120.37 on Wednesday. The firm has a 50-day moving average price of $117.22 and a 200-day moving average price of $116.43. Exxon Mobil Co. has a 12 month low of $95.77 and a 12 month high of $126.34. The company has a current ratio of 1.36, a quick ratio of 1.01 and a debt-to-equity ratio of 0.13. The stock has a market capitalization of $474.62 billion, a P/E ratio of 14.75, a price-to-earnings-growth ratio of 5.02 and a beta of 0.89.

Exxon Mobil (NYSE:XOM) last issued its quarterly earnings data on Friday, August 2nd. The oil and gas company reported $2.14 EPS for the quarter, beating the consensus estimate of $2.04 by $0.10. The business had revenue of $93.06 billion during the quarter, compared to the consensus estimate of $90.09 billion. Exxon Mobil had a net margin of 9.73% and a return on equity of 16.07%. The firm’s revenue was up 12.2% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $1.94 EPS. As a group, equities research analysts anticipate that Exxon Mobil Co. will post 8.11 EPS for the current fiscal year.

Exxon Mobil Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, September 10th. Investors of record on Thursday, August 15th were issued a dividend of $0.95 per share. This represents a $3.80 annualized dividend and a dividend yield of 3.16%. The ex-dividend date was Thursday, August 15th. Exxon Mobil’s dividend payout ratio (DPR) is 46.57%.

Analyst Ratings Changes

Several research analysts have weighed in on the company. Royal Bank of Canada reiterated a “sector perform” rating and set a $120.00 price objective on shares of Exxon Mobil in a research report on Tuesday, October 8th. BMO Capital Markets raised their price target on shares of Exxon Mobil from $127.00 to $130.00 and gave the stock a “market perform” rating in a research report on Friday, October 4th. Truist Financial dropped their price objective on shares of Exxon Mobil from $121.00 to $117.00 and set a “hold” rating for the company in a research note on Monday, September 30th. Sanford C. Bernstein decreased their target price on shares of Exxon Mobil from $139.00 to $138.00 and set an “outperform” rating on the stock in a research report on Wednesday, July 17th. Finally, Scotiabank upgraded shares of Exxon Mobil from a “sector perform” rating to a “sector outperform” rating and lifted their price target for the company from $129.00 to $145.00 in a research report on Thursday, October 10th. One equities research 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 MarketBeat, Exxon Mobil has an average rating of “Moderate Buy” and an average price target of $131.88.

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.