Exxon Mobil Co. (NYSE:XOM) Shares Sold by D. Scott Neal Inc.

D. Scott Neal Inc. lowered its stake in Exxon Mobil Co. (NYSE:XOMFree Report) by 3.7% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 2,634 shares of the oil and gas company’s stock after selling 100 shares during the period. D. Scott Neal Inc.’s holdings in Exxon Mobil were worth $283,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. Fairway Wealth LLC acquired a new stake in Exxon Mobil in the second quarter valued at about $35,000. Fairscale Capital LLC acquired a new stake in shares of Exxon Mobil in the 2nd quarter valued at approximately $39,000. Hershey Financial Advisers LLC purchased a new stake in shares of Exxon Mobil in the second quarter valued at approximately $46,000. Peterson Financial Group Inc. acquired a new position in Exxon Mobil during the third quarter worth $51,000. Finally, Highline Wealth Partners LLC purchased a new position in Exxon Mobil in the third quarter worth $54,000. Hedge funds and other institutional investors own 61.80% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts have recently weighed in on the stock. Morgan Stanley lowered their price target on shares of Exxon Mobil from $142.00 to $140.00 in a research note on Thursday, October 31st. BMO Capital Markets upped their target price on shares of Exxon Mobil from $127.00 to $130.00 and gave the stock a “market perform” rating in a research report on Friday, October 4th. 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. Royal Bank of Canada restated a “sector perform” rating and issued a $115.00 price target on shares of Exxon Mobil in a report on Thursday, December 12th. Finally, Bank of America initiated coverage on Exxon Mobil in a report on Thursday, October 17th. They set a “neutral” rating and a $124.00 price objective for the company. One equities research analyst has rated the stock with a sell rating, seven have assigned a hold rating, ten have given a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, Exxon Mobil has a consensus rating of “Moderate Buy” and an average target price of $128.84.

Check Out Our Latest Report on XOM

Exxon Mobil Stock Performance

Shares of XOM opened at $111.32 on Friday. Exxon Mobil Co. has a 1 year low of $95.77 and a 1 year high of $126.34. The company’s 50 day simple moving average is $112.93 and its 200 day simple moving average is $115.55. The company has a market capitalization of $489.27 billion, a price-to-earnings ratio of 13.86, a PEG ratio of 2.70 and a beta of 0.91. The company has a debt-to-equity ratio of 0.13, a quick ratio of 1.01 and a current ratio of 1.35.

Exxon Mobil (NYSE:XOMGet Free Report) last issued its quarterly earnings results on Friday, November 1st. The oil and gas company reported $1.92 earnings per share for the quarter, topping analysts’ consensus estimates of $1.91 by $0.01. The company had revenue of $90.02 billion for the quarter, compared to analyst estimates of $93.98 billion. Exxon Mobil had a return on equity of 14.73% and a net margin of 9.61%. The business’s revenue for the quarter was down .8% compared to the same quarter last year. During the same quarter in the prior year, the company posted $2.27 EPS. On average, sell-side analysts predict that Exxon Mobil Co. will post 7.86 EPS for the current year.

Exxon Mobil Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, December 10th. Shareholders of record on Thursday, November 14th were issued a $0.99 dividend. This is a boost from Exxon Mobil’s previous quarterly dividend of $0.95. The ex-dividend date was Thursday, November 14th. This represents a $3.96 annualized dividend and a yield of 3.56%. Exxon Mobil’s payout ratio is 49.32%.

Exxon Mobil Profile

(Free Report)

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

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