Sageworth Trust Co of South Dakota Has $420,000 Stake in Exxon Mobil Co. (NYSE:XOM)

Sageworth Trust Co of South Dakota lowered its stake in Exxon Mobil Co. (NYSE:XOMGet Rating) by 47.5% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 5,088 shares of the oil and gas company’s stock after selling 4,603 shares during the period. Exxon Mobil accounts for 0.8% of Sageworth Trust Co of South Dakota’s portfolio, making the stock its 26th largest position. Sageworth Trust Co of South Dakota’s holdings in Exxon Mobil were worth $420,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also recently bought and sold shares of the company. Guardian Wealth Management Inc. acquired a new stake in shares of Exxon Mobil in the 4th quarter valued at $30,000. Horan Securities Inc. acquired a new stake in Exxon Mobil in the fourth quarter worth about $31,000. West Bancorporation Inc. bought a new stake in Exxon Mobil during the 4th quarter worth about $32,000. Nvwm LLC lifted its position in Exxon Mobil by 100.0% during the 4th quarter. Nvwm LLC now owns 600 shares of the oil and gas company’s stock valued at $36,000 after purchasing an additional 300 shares during the period. Finally, Core Wealth Advisors Inc. lifted its position in Exxon Mobil by 454.5% during the 4th quarter. Core Wealth Advisors Inc. now owns 610 shares of the oil and gas company’s stock valued at $37,000 after purchasing an additional 500 shares during the period. Institutional investors own 54.07% of the company’s stock.

Analyst Upgrades and Downgrades

XOM has been the subject of a number of recent research reports. Truist Financial dropped their price target on shares of Exxon Mobil from $86.00 to $83.00 and set a “hold” rating for the company in a research note on Tuesday, July 19th. Bank of America increased their price target on Exxon Mobil from $120.00 to $123.00 and gave the company a “buy” rating in a research note on Monday, August 1st. Barclays lifted their price objective on Exxon Mobil from $98.00 to $111.00 and gave the stock an “overweight” rating in a research note on Tuesday, May 31st. The Goldman Sachs Group increased their target price on Exxon Mobil from $104.00 to $117.00 and gave the company a “buy” rating in a research note on Wednesday, June 8th. Finally, Royal Bank of Canada upgraded Exxon Mobil from a “sector perform” rating to an “outperform” rating and boosted their target price for the stock from $90.00 to $100.00 in a research report on Thursday, April 21st. Two equities research analysts have rated the stock with a sell rating, seven have given a hold rating and twelve have issued a buy rating to the company. According to data from MarketBeat, the stock has an average rating of “Hold” and an average price target of $96.40.

Insider Transactions at Exxon Mobil

In other news, VP Darrin L. Talley sold 2,500 shares of Exxon Mobil stock in a transaction that occurred on Monday, August 1st. The stock was sold at an average price of $94.60, for a total transaction of $236,500.00. Following the completion of the transaction, the vice president now directly owns 27,863 shares in the company, valued at approximately $2,635,839.80. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In other news, VP Darrin L. Talley sold 2,500 shares of Exxon Mobil stock in a transaction that occurred on Monday, August 1st. The stock was sold at an average price of $94.60, for a total transaction of $236,500.00. Following the completion of the transaction, the vice president now directly owns 27,863 shares in the company, valued at approximately $2,635,839.80. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, VP Darrin L. Talley sold 2,147 shares of Exxon Mobil stock in a transaction that occurred on Tuesday, June 7th. The stock was sold at an average price of $102.81, for a total value of $220,733.07. Following the transaction, the vice president now owns 30,363 shares of the company’s stock, valued at $3,121,620.03. The disclosure for this sale can be found here. In the last three months, insiders sold 7,147 shares of company stock worth $698,858. 0.04% of the stock is owned by company insiders.

Exxon Mobil Stock Up 1.4 %

Shares of Exxon Mobil stock opened at $88.45 on Friday. The business’s 50 day simple moving average is $90.93 and its 200 day simple moving average is $85.91. Exxon Mobil Co. has a 52-week low of $52.10 and a 52-week high of $105.57. The firm has a market cap of $372.60 billion, a PE ratio of 9.68, a P/E/G ratio of 0.31 and a beta of 1.09. The company has a debt-to-equity ratio of 0.21, a quick ratio of 0.87 and a current ratio of 1.16.

Exxon Mobil (NYSE:XOMGet Rating) last announced its earnings results on Friday, July 29th. The oil and gas company reported $4.14 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.74 by $0.40. The business had revenue of $115.68 billion for the quarter, compared to analyst estimates of $111.67 billion. Exxon Mobil had a return on equity of 23.82% and a net margin of 10.67%. Exxon Mobil’s revenue for the quarter was up 70.8% compared to the same quarter last year. During the same quarter last year, the firm earned $1.10 EPS. On average, analysts predict that Exxon Mobil Co. will post 12.35 earnings per share for the current fiscal year.

Exxon Mobil Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, September 9th. Shareholders of record on Friday, August 12th will be given a dividend of $0.88 per share. This represents a $3.52 annualized dividend and a dividend yield of 3.98%. The ex-dividend date of this dividend is Thursday, August 11th. Exxon Mobil’s dividend payout ratio (DPR) is 38.51%.

Exxon Mobil Profile

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Exxon Mobil Corporation explores for and produces crude oil and natural gas in the United States and internationally. It operates through Upstream, Downstream, and Chemical segments. The company is also involved in the manufacture, trade, transport, and sale of crude oil, natural gas, petroleum products, petrochemicals, and other specialty products; manufactures and sells petrochemicals, including olefins, polyolefins, aromatics, and various other petrochemicals; and captures and stores carbon, hydrogen, and biofuels.

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

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