Guidance Capital Inc. reduced its stake in shares of Exxon Mobil Co. (NYSE:XOM – Free Report) by 62.5% during the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 4,720 shares of the oil and gas company’s stock after selling 7,879 shares during the period. Guidance Capital Inc.’s holdings in Exxon Mobil were worth $513,000 as of its most recent filing with the SEC.
A number of other institutional investors have also recently bought and sold shares of XOM. Perpetual Ltd boosted its stake in Exxon Mobil by 17.4% in the 3rd quarter. Perpetual Ltd now owns 65,924 shares of the oil and gas company’s stock worth $7,728,000 after purchasing an additional 9,759 shares during the period. Watts Gwilliam & Co. LLC acquired a new position in shares of Exxon Mobil during the third quarter worth about $1,580,000. CCM Investment Advisers LLC grew its holdings in shares of Exxon Mobil by 19.8% during the third quarter. CCM Investment Advisers LLC now owns 2,253 shares of the oil and gas company’s stock worth $264,000 after buying an additional 373 shares in the last quarter. Worth Asset Management LLC raised its position in Exxon Mobil by 2.6% in the 3rd quarter. Worth Asset Management LLC now owns 5,574 shares of the oil and gas company’s stock valued at $653,000 after buying an additional 141 shares during the last quarter. Finally, BWM Planning LLC bought a new stake in Exxon Mobil in the 3rd quarter valued at approximately $3,751,000. Institutional investors own 61.80% of the company’s stock.
Exxon Mobil Stock Performance
NYSE XOM opened at $108.87 on Friday. Exxon Mobil Co. has a 52-week low of $100.42 and a 52-week high of $126.34. The stock has a market cap of $478.49 billion, a PE ratio of 13.89, a P/E/G ratio of 2.79 and a beta of 0.89. The firm has a 50-day moving average of $109.59 and a 200-day moving average of $115.00. The company has a debt-to-equity ratio of 0.14, a quick ratio of 0.97 and a current ratio of 1.31.
Exxon Mobil Announces Dividend
The firm also recently announced a quarterly dividend, which will be paid on Monday, March 10th. Investors of record on Wednesday, February 12th will be given a dividend of $0.99 per share. The ex-dividend date is Wednesday, February 12th. This represents a $3.96 annualized dividend and a dividend yield of 3.64%. Exxon Mobil’s payout ratio is 50.51%.
Insider Buying and Selling
In other Exxon Mobil news, VP Darrin L. Talley sold 2,100 shares of the stock in a transaction that occurred on Tuesday, February 4th. The stock was sold at an average price of $110.00, for a total transaction of $231,000.00. Following the transaction, the vice president now directly owns 18,087 shares in the company, valued at approximately $1,989,570. This represents a 10.40 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. 0.03% of the stock is currently owned by insiders.
Analyst Ratings Changes
Several equities analysts have recently weighed in on the stock. Argus raised shares of Exxon Mobil to a “strong-buy” rating in a research note on Tuesday. Wolfe Research lifted their price target on shares of Exxon Mobil from $137.00 to $138.00 in a research note on Thursday, October 31st. Scotiabank cut their price target on shares of Exxon Mobil from $145.00 to $140.00 in a research report on Friday, January 31st. TD Cowen decreased their price objective on Exxon Mobil from $132.00 to $128.00 and set a “buy” rating for the company in a report on Monday, December 16th. Finally, Mizuho dropped their target price on Exxon Mobil from $137.00 to $134.00 and set a “neutral” rating on the stock in a report on Monday, December 16th. One research analyst has rated the stock with a sell rating, eight have issued a hold rating, eleven have issued a buy rating and two have assigned a strong buy rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $129.25.
Read Our Latest Stock Analysis on XOM
Exxon Mobil 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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