Financial Security Advisor Inc. Sells 463 Shares of Exxon Mobil Co. (NYSE:XOM)

Financial Security Advisor Inc. decreased its holdings in shares of Exxon Mobil Co. (NYSE:XOM) by 1.2% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 38,424 shares of the oil and gas company’s stock after selling 463 shares during the period. Exxon Mobil makes up approximately 1.1% of Financial Security Advisor Inc.’s investment portfolio, making the stock its 20th biggest position. Financial Security Advisor Inc.’s holdings in Exxon Mobil were worth $4,133,000 at the end of the most recent reporting period.

Several other large investors also recently added to or reduced their stakes in the business. FMR LLC raised its position in Exxon Mobil by 0.3% during the third quarter. FMR LLC now owns 151,863,649 shares of the oil and gas company’s stock valued at $17,801,457,000 after purchasing an additional 395,218 shares in the last quarter. Geode Capital Management LLC increased its holdings in Exxon Mobil by 1.8% during the 3rd quarter. Geode Capital Management LLC now owns 92,194,981 shares of the oil and gas company’s stock valued at $10,777,735,000 after purchasing an additional 1,622,064 shares during the period. Bank of New York Mellon Corp increased its holdings in Exxon Mobil by 14.4% during the 4th quarter. Bank of New York Mellon Corp now owns 43,983,110 shares of the oil and gas company’s stock valued at $4,731,263,000 after purchasing an additional 5,538,694 shares during the period. Franklin Resources Inc. increased its holdings in Exxon Mobil by 16.3% during the 3rd quarter. Franklin Resources Inc. now owns 31,522,556 shares of the oil and gas company’s stock valued at $3,936,929,000 after purchasing an additional 4,415,012 shares during the period. Finally, Charles Schwab Investment Management Inc. boosted its position in Exxon Mobil by 0.5% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 31,160,117 shares of the oil and gas company’s stock valued at $3,652,589,000 after acquiring an additional 146,374 shares in the last quarter. Institutional investors own 61.80% of the company’s stock.

Analyst Ratings Changes

XOM has been the topic of several research reports. Morgan Stanley lifted their price objective on Exxon Mobil from $139.00 to $140.00 in a research report on Friday, January 31st. Truist Financial lifted their price objective on Exxon Mobil from $117.00 to $119.00 and gave the company a “hold” rating in a research report on Monday, January 13th. The Goldman Sachs Group cut their price objective on Exxon Mobil from $125.00 to $123.00 and set a “neutral” rating on the stock in a research report on Friday, January 31st. UBS Group cut their price objective on Exxon Mobil from $149.00 to $147.00 and set a “buy” rating on the stock in a research report on Thursday, December 12th. Finally, BMO Capital Markets dropped their price target on Exxon Mobil from $130.00 to $123.00 and set a “market perform” rating on the stock in a research report on Friday, January 31st. One equities research analyst has rated the stock with a sell rating, eight have issued a hold rating, eleven have given a buy rating and two have given a strong buy rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $129.25.

Exxon Mobil Price Performance

Shares of NYSE XOM opened at $111.33 on Friday. Exxon Mobil Co. has a twelve month low of $104.03 and a twelve month high of $126.34. The firm has a market cap of $483.08 billion, a P/E ratio of 14.20, a PEG ratio of 3.02 and a beta of 0.89. The company has a 50 day moving average of $108.95 and a 200 day moving average of $114.23. The company has a quick ratio of 0.97, a current ratio of 1.31 and a debt-to-equity ratio of 0.14.

Exxon Mobil (NYSE:XOM) last announced its earnings results on Friday, January 31st. The oil and gas company reported $1.67 earnings per share 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 quarter in the previous year, the business earned $2.48 EPS. As a group, research analysts expect that Exxon Mobil Co. will post 7.43 EPS for the current fiscal year.

Exxon Mobil Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, March 10th. Shareholders of record on Wednesday, February 12th will be paid a dividend of $0.99 per share. The ex-dividend date of this dividend is Wednesday, February 12th. This represents a $3.96 dividend on an annualized basis and a yield of 3.56%. Exxon Mobil’s dividend payout ratio is presently 50.51%.

Insider Buying and Selling at Exxon Mobil

In other Exxon Mobil news, VP Darrin L. Talley sold 2,100 shares of the business’s stock in a transaction 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 completion of the sale, the vice president now directly owns 18,087 shares in the company, valued at approximately $1,989,570. The trade was a 10.40 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 0.03% of the company’s stock.

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.