Keating Investment Counselors Inc. Has $2.44 Million Stock Holdings in Exxon Mobil Co. (NYSE:XOM)

Keating Investment Counselors Inc. lessened its position in Exxon Mobil Co. (NYSE:XOM) by 1.0% during the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 22,652 shares of the oil and gas company’s stock after selling 233 shares during the period. Exxon Mobil comprises approximately 0.8% of Keating Investment Counselors Inc.’s holdings, making the stock its 27th biggest holding. Keating Investment Counselors Inc.’s holdings in Exxon Mobil were worth $2,437,000 as of its most recent filing with the SEC.

Several other large investors have also recently added to or reduced their stakes in the company. Keystone Financial Group Inc. bought a new position in shares of Exxon Mobil in the fourth quarter valued at about $36,000. Retirement Wealth Solutions LLC bought a new stake in Exxon Mobil during the 4th quarter worth about $46,000. Peterson Financial Group Inc. acquired a new stake in Exxon Mobil in the 3rd quarter valued at about $51,000. Compass Financial Services Inc bought a new position in shares of Exxon Mobil in the fourth quarter worth about $48,000. Finally, Highline Wealth Partners LLC acquired a new position in shares of Exxon Mobil during the third quarter worth approximately $54,000. 61.80% of the stock is owned by institutional investors.

Insider Transactions at Exxon Mobil

In related news, VP Darrin L. Talley sold 2,100 shares of the company’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 completion of the transaction, the vice president now directly owns 18,087 shares of the company’s stock, valued at approximately $1,989,570. This represents a 10.40 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 0.03% of the stock is owned by insiders.

Wall Street Analyst Weigh In

A number of analysts recently weighed in on the stock. Wolfe Research raised their price target on shares of Exxon Mobil from $137.00 to $138.00 in a report on Thursday, October 31st. Bernstein Bank lifted their target price on Exxon Mobil from $138.00 to $144.00 and gave the company an “overweight” rating in a research note on Friday, January 31st. Mizuho cut their price target on Exxon Mobil from $137.00 to $134.00 and set a “neutral” rating on the stock in a research note on Monday, December 16th. UBS Group lowered their price objective on Exxon Mobil from $149.00 to $147.00 and set a “buy” rating for the company in a research report on Thursday, December 12th. Finally, Truist Financial upped 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. One equities research analyst has rated the stock with a sell rating, eight have given a hold rating, eleven have assigned a buy rating and two have given a strong buy rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $129.25.

Exxon Mobil Stock Performance

XOM stock opened at $112.12 on Friday. Exxon Mobil Co. has a 1-year low of $102.88 and a 1-year high of $126.34. The company has a current ratio of 1.31, a quick ratio of 0.97 and a debt-to-equity ratio of 0.14. The firm has a market cap of $492.78 billion, a PE ratio of 14.30, a P/E/G ratio of 2.97 and a beta of 0.89. The business’s 50-day moving average price is $108.60 and its two-hundred day moving average price is $114.52.

Exxon Mobil (NYSE:XOM) last released 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 return on equity of 12.92% and a net margin of 9.63%. During the same period last year, the business posted $2.48 EPS. As a group, research analysts forecast that Exxon Mobil Co. will post 7.43 earnings per share for the current year.

Exxon Mobil Dividend Announcement

The business 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 $0.99 dividend. This represents a $3.96 annualized dividend and a dividend yield of 3.53%. The ex-dividend date is Wednesday, February 12th. Exxon Mobil’s dividend payout ratio (DPR) is presently 50.51%.

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.