Exxon Mobil Co. (NYSE:XOM) Shares Sold by Rational Advisors LLC

Rational Advisors LLC cut its position in shares of Exxon Mobil Co. (NYSE:XOM) by 31.6% during the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 8,398 shares of the oil and gas company’s stock after selling 3,885 shares during the quarter. Rational Advisors LLC’s holdings in Exxon Mobil were worth $903,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Keystone Financial Group Inc. bought a new stake in Exxon Mobil in the fourth quarter worth about $36,000. Retirement Wealth Solutions LLC acquired a new position in shares of Exxon Mobil in the 4th quarter worth approximately $46,000. Compass Financial Services Inc bought a new stake in shares of Exxon Mobil in the 4th quarter worth approximately $48,000. Peterson Financial Group Inc. bought a new stake in Exxon Mobil during the third quarter worth approximately $51,000. Finally, Highline Wealth Partners LLC acquired a new position in Exxon Mobil in the third quarter worth approximately $54,000. Institutional investors own 61.80% of the company’s stock.

Analyst Ratings Changes

A number of brokerages have recently commented on XOM. Bernstein Bank increased their price objective on Exxon Mobil from $138.00 to $144.00 and gave the company an “overweight” rating in a research report on Friday, January 31st. Wells Fargo & Company decreased their price target on Exxon Mobil from $136.00 to $135.00 and set an “overweight” rating for the company in a research report on Monday, February 3rd. BMO Capital Markets cut their price objective on Exxon Mobil from $130.00 to $123.00 and set a “market perform” rating on the stock in a report on Friday, January 31st. Scotiabank decreased their target price on shares of Exxon Mobil from $145.00 to $140.00 in a report on Friday, January 31st. Finally, Mizuho cut their price target on shares of Exxon Mobil from $137.00 to $134.00 and set a “neutral” rating on the stock in a report on Monday, December 16th. One analyst has rated the stock with a sell rating, eight have assigned a hold rating, eleven have assigned a buy rating and two have given a strong buy rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $129.25.

Insider Buying and Selling at Exxon Mobil

In related news, VP Darrin L. Talley sold 2,100 shares of the firm’s stock in a transaction on Tuesday, February 4th. The shares were 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 in the company, valued at approximately $1,989,570. This trade represents a 10.40 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Corporate insiders own 0.03% of the company’s stock.

Exxon Mobil Stock Up 0.1 %

Exxon Mobil stock opened at $110.30 on Thursday. The company has a market capitalization of $484.76 billion, a P/E ratio of 14.07, a P/E/G ratio of 2.91 and a beta of 0.89. Exxon Mobil Co. has a 1-year low of $102.64 and a 1-year high of $126.34. The firm’s fifty day simple moving average is $108.60 and its 200-day simple moving average is $114.53. 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 (NYSE:XOM) last posted 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 net margin of 9.63% and a return on equity of 12.92%. During the same period in the prior year, the business earned $2.48 EPS. Sell-side analysts forecast that Exxon Mobil Co. will post 7.43 earnings per share for the current fiscal year.

Exxon Mobil Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, March 10th. Shareholders of record on Wednesday, February 12th will be given a dividend of $0.99 per share. The ex-dividend date of this dividend is Wednesday, February 12th. This represents a $3.96 dividend on an annualized basis and a yield of 3.59%. Exxon Mobil’s payout ratio is currently 50.51%.

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.