ORG Partners LLC Lowers Holdings in Exxon Mobil Corporation $XOM

ORG Partners LLC decreased its position in Exxon Mobil Corporation (NYSE:XOMFree Report) by 22.1% during the fourth quarter, HoldingsChannel.com reports. The firm owned 18,479 shares of the oil and gas company’s stock after selling 5,239 shares during the quarter. ORG Partners LLC’s holdings in Exxon Mobil were worth $2,225,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of the company. ORG Wealth Partners LLC lifted its stake in shares of Exxon Mobil by 4.0% in the fourth quarter. ORG Wealth Partners LLC now owns 55,959 shares of the oil and gas company’s stock worth $6,738,000 after buying an additional 2,144 shares in the last quarter. Embree Financial Group increased its position in shares of Exxon Mobil by 0.6% during the fourth quarter. Embree Financial Group now owns 31,471 shares of the oil and gas company’s stock valued at $3,787,000 after acquiring an additional 191 shares in the last quarter. AA Financial Advisors LLC increased its position in shares of Exxon Mobil by 24.4% during the fourth quarter. AA Financial Advisors LLC now owns 3,843 shares of the oil and gas company’s stock valued at $463,000 after acquiring an additional 753 shares in the last quarter. First City Capital Management Inc. raised its holdings in Exxon Mobil by 0.5% in the 4th quarter. First City Capital Management Inc. now owns 52,934 shares of the oil and gas company’s stock worth $6,370,000 after acquiring an additional 239 shares during the last quarter. Finally, Mitchell & Pahl Private Wealth LLC raised its holdings in Exxon Mobil by 1.2% in the 4th quarter. Mitchell & Pahl Private Wealth LLC now owns 32,025 shares of the oil and gas company’s stock worth $3,854,000 after acquiring an additional 368 shares during the last quarter. 61.80% of the stock is owned by hedge funds and other institutional investors.

Exxon Mobil Trading Down 0.9%

NYSE:XOM opened at $169.89 on Wednesday. The company has a current ratio of 1.15, a quick ratio of 0.79 and a debt-to-equity ratio of 0.13. Exxon Mobil Corporation has a 12 month low of $97.80 and a 12 month high of $176.41. The company has a market cap of $707.88 billion, a PE ratio of 25.39, a price-to-earnings-growth ratio of 1.14 and a beta of 0.35. The company has a 50 day simple moving average of $150.93 and a two-hundred day simple moving average of $129.06.

Exxon Mobil (NYSE:XOMGet Free Report) last released its quarterly earnings results on Friday, January 30th. The oil and gas company reported $1.71 earnings per share for the quarter, beating the consensus estimate of $1.63 by $0.08. The firm had revenue of $80.04 billion for the quarter, compared to analysts’ expectations of $77.98 billion. Exxon Mobil had a return on equity of 11.21% and a net margin of 8.68%.The company’s revenue was down 1.3% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.67 EPS. Research analysts forecast that Exxon Mobil Corporation will post 7.43 earnings per share for the current year.

Exxon Mobil Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, March 10th. Shareholders of record on Thursday, February 12th were issued a $1.03 dividend. The ex-dividend date of this dividend was Thursday, February 12th. This represents a $4.12 dividend on an annualized basis and a yield of 2.4%. Exxon Mobil’s dividend payout ratio is currently 61.58%.

Analyst Upgrades and Downgrades

XOM has been the topic of several recent analyst reports. Sanford C. Bernstein cut their target price on Exxon Mobil from $142.00 to $137.00 and set an “outperform” rating on the stock in a research note on Monday, January 5th. Piper Sandler boosted their price target on Exxon Mobil from $145.00 to $186.00 and gave the stock an “overweight” rating in a research note on Thursday, March 12th. HSBC upped their price target on Exxon Mobil from $135.00 to $158.00 and gave the company a “hold” rating in a report on Friday, March 20th. Zacks Research raised Exxon Mobil from a “strong sell” rating to a “hold” rating in a research report on Friday, January 30th. Finally, Royal Bank Of Canada lifted their price objective on Exxon Mobil from $145.00 to $150.00 and gave the stock a “sector perform” rating in a report on Monday, February 2nd. One equities research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating, nine have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target of $151.00.

View Our Latest Analysis on Exxon Mobil

Exxon Mobil News Summary

Here are the key news stories impacting Exxon Mobil this week:

Insiders Place Their Bets

In other Exxon Mobil news, VP Darrin L. Talley sold 5,000 shares of the firm’s stock in a transaction dated Monday, February 2nd. The stock was sold at an average price of $139.75, for a total value of $698,750.00. Following the transaction, the vice president directly owned 23,584 shares of the company’s stock, valued at approximately $3,295,864. This trade represents a 17.49% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Insiders sold a total of 11,460 shares of company stock valued at $1,687,854 over the last 90 days. 0.03% of the stock is currently owned by corporate insiders.

Exxon Mobil Profile

(Free Report)

Exxon Mobil Corporation (NYSE: XOM) is an integrated oil and gas company engaged in the exploration, production, refining, distribution and marketing of petroleum products and the manufacture and sale of petrochemicals. Its operations span the full energy value chain, including upstream exploration and development of crude oil and natural gas; midstream transportation and storage; and downstream refining, product distribution and retail. The company also produces a broad range of chemical products for industrial and consumer applications.

ExxonMobil markets fuels and lubricants under well-known brands such as Exxon, Mobil and Esso, and its Mobil 1 motor oil is a prominent consumer product.

Further Reading

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Institutional Ownership by Quarter for Exxon Mobil (NYSE:XOM)

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