Fishman Jay A Ltd. MI grew its holdings in shares of Exxon Mobil Co. (NYSE:XOM – Free Report) by 4.9% in the 4th quarter, HoldingsChannel.com reports. The firm owned 2,811 shares of the oil and gas company’s stock after purchasing an additional 131 shares during the period. Fishman Jay A Ltd. MI’s holdings in Exxon Mobil were worth $302,000 at the end of the most recent reporting period.
Other large investors also recently made changes to their positions in the company. Vertex Planning Partners LLC boosted its holdings in shares of Exxon Mobil by 3.1% in the third quarter. Vertex Planning Partners LLC now owns 2,778 shares of the oil and gas company’s stock worth $326,000 after buying an additional 83 shares during the period. First Heartland Consultants Inc. boosted its holdings in shares of Exxon Mobil by 0.9% in the third quarter. First Heartland Consultants Inc. now owns 9,451 shares of the oil and gas company’s stock worth $1,108,000 after buying an additional 87 shares during the period. Latitude Advisors LLC boosted its holdings in shares of Exxon Mobil by 0.7% in the third quarter. Latitude Advisors LLC now owns 13,378 shares of the oil and gas company’s stock worth $1,568,000 after buying an additional 88 shares during the period. Longfellow Investment Management Co. LLC boosted its holdings in shares of Exxon Mobil by 0.6% in the third quarter. Longfellow Investment Management Co. LLC now owns 14,537 shares of the oil and gas company’s stock worth $1,704,000 after buying an additional 88 shares during the period. Finally, West Oak Capital LLC boosted its holdings in shares of Exxon Mobil by 0.6% in the fourth quarter. West Oak Capital LLC now owns 16,207 shares of the oil and gas company’s stock worth $1,743,000 after buying an additional 92 shares during the period. Institutional investors own 61.80% of the company’s stock.
Insider Transactions at Exxon Mobil
In other 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 sale, the vice president now owns 18,087 shares in the company, valued at approximately $1,989,570. This trade represents a 10.40 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. 0.03% of the stock is currently owned by corporate insiders.
Exxon Mobil Trading Up 0.0 %
Exxon Mobil (NYSE:XOM – Get Free Report) last announced its quarterly earnings data on Friday, January 31st. The oil and gas company reported $1.67 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.77 by ($0.10). Exxon Mobil had a return on equity of 12.92% and a net margin of 9.63%. During the same quarter last year, the company posted $2.48 earnings per share. Equities analysts anticipate that Exxon Mobil Co. will post 7.37 EPS for the current year.
Exxon Mobil Announces Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Monday, March 10th. Stockholders of record on Wednesday, February 12th will be paid a $0.99 dividend. The ex-dividend date of this dividend is Wednesday, February 12th. This represents a $3.96 annualized dividend and a dividend yield of 3.66%. Exxon Mobil’s payout ratio is 50.51%.
Analyst Upgrades and Downgrades
Several research analysts have commented on the stock. The Goldman Sachs Group decreased their target price on shares of Exxon Mobil from $125.00 to $123.00 and set a “neutral” rating for the company in a report on Friday, January 31st. Mizuho reduced their price target on shares of Exxon Mobil from $137.00 to $134.00 and set a “neutral” rating for the company in a research report on Monday, December 16th. UBS Group reduced their price target on shares of Exxon Mobil from $149.00 to $147.00 and set a “buy” rating for the company in a research report on Thursday, December 12th. Truist Financial increased their price target on shares of Exxon Mobil from $117.00 to $119.00 and gave the stock a “hold” rating in a research report on Monday, January 13th. Finally, JPMorgan Chase & Co. reduced their price target on shares of Exxon Mobil from $130.00 to $125.00 and set an “overweight” rating for the company in a research report on Monday, December 16th. One investment analyst has rated the stock with a sell rating, eight have given a hold rating, eleven have issued a buy rating and two have assigned a strong buy rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $129.25.
Check Out Our Latest Stock Report on XOM
Exxon Mobil Company 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.
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