Savant Capital LLC Has $25.80 Million Position in Exxon Mobil Co. (NYSE:XOM)

Savant Capital LLC lessened its holdings in Exxon Mobil Co. (NYSE:XOM) by 3.5% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 239,806 shares of the oil and gas company’s stock after selling 8,694 shares during the period. Savant Capital LLC’s holdings in Exxon Mobil were worth $25,796,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also added to or reduced their stakes in XOM. Wedge Capital Management L L P NC lifted its position in Exxon Mobil by 1.8% during the third quarter. Wedge Capital Management L L P NC now owns 7,077 shares of the oil and gas company’s stock worth $830,000 after acquiring an additional 126 shares during the last quarter. Creative Planning lifted its holdings in Exxon Mobil by 0.5% during the 3rd quarter. Creative Planning now owns 1,801,232 shares of the oil and gas company’s stock worth $211,140,000 after purchasing an additional 9,733 shares during the last quarter. Magnus Financial Group LLC boosted its stake in Exxon Mobil by 37.8% in the 3rd quarter. Magnus Financial Group LLC now owns 55,842 shares of the oil and gas company’s stock valued at $6,546,000 after purchasing an additional 15,309 shares during the period. Regatta Capital Group LLC boosted its stake in Exxon Mobil by 2.7% in the 3rd quarter. Regatta Capital Group LLC now owns 8,586 shares of the oil and gas company’s stock valued at $1,006,000 after purchasing an additional 229 shares during the period. Finally, QV Investors Inc. grew its holdings in Exxon Mobil by 0.6% in the 3rd quarter. QV Investors Inc. now owns 41,611 shares of the oil and gas company’s stock valued at $4,878,000 after buying an additional 240 shares in the last quarter. Institutional investors and hedge funds own 61.80% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages have recently issued reports on XOM. Truist Financial boosted their target price on shares of Exxon Mobil from $117.00 to $119.00 and gave the company a “hold” rating in a research report on Monday, January 13th. Wells Fargo & Company cut their price objective on shares of Exxon Mobil from $136.00 to $135.00 and set an “overweight” rating for the company in a report on Monday, February 3rd. Argus raised shares of Exxon Mobil to a “strong-buy” rating in a report on Tuesday, February 4th. Royal Bank of Canada reiterated a “sector perform” rating and issued a $115.00 price target on shares of Exxon Mobil in a research report on Monday, February 3rd. Finally, Mizuho reduced their price target on Exxon Mobil from $137.00 to $134.00 and set a “neutral” rating on the stock in a research report on Monday, December 16th. One research analyst has rated the stock with a sell rating, eight have given a hold rating, eleven have issued a buy rating and two have given a strong buy rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $129.25.

Exxon Mobil Price Performance

XOM stock opened at $107.37 on Thursday. Exxon Mobil Co. has a 1 year low of $100.42 and a 1 year high of $126.34. The company has a debt-to-equity ratio of 0.14, a current ratio of 1.31 and a quick ratio of 0.97. The stock has a market cap of $471.90 billion, a price-to-earnings ratio of 13.70, a P/E/G ratio of 2.94 and a beta of 0.89. The company has a 50 day simple moving average of $109.16 and a 200 day simple moving average of $114.88.

Exxon Mobil (NYSE:XOM) last announced its quarterly earnings results on Friday, January 31st. The oil and gas company reported $1.67 EPS for the quarter, missing analysts’ consensus estimates 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 firm earned $2.48 earnings per share. Research analysts anticipate that Exxon Mobil Co. will post 7.37 EPS for the current fiscal year.

Exxon Mobil Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, March 10th. Stockholders of record on Wednesday, February 12th will be issued a dividend of $0.99 per share. This represents a $3.96 annualized dividend and a dividend yield of 3.69%. The ex-dividend date of this dividend is Wednesday, February 12th. Exxon Mobil’s dividend payout ratio (DPR) is currently 50.51%.

Insider Activity

In other Exxon Mobil news, VP Darrin L. Talley sold 2,100 shares of the business’s stock in a transaction that occurred 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 of the company’s stock, valued at $1,989,570. The trade was a 10.40 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. 0.03% of the stock is currently owned by insiders.

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.