Windsor Capital Management LLC Sells 447 Shares of Exxon Mobil Co. (NYSE:XOM)

Windsor Capital Management LLC lessened its stake in Exxon Mobil Co. (NYSE:XOM) by 4.4% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 9,751 shares of the oil and gas company’s stock after selling 447 shares during the quarter. Windsor Capital Management LLC’s holdings in Exxon Mobil were worth $1,049,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in the stock. Paladin Wealth LLC purchased a new stake in Exxon Mobil during the 3rd quarter valued at about $151,000. Fiduciary Alliance LLC lifted its position in Exxon Mobil by 217.5% in the third quarter. Fiduciary Alliance LLC now owns 66,757 shares of the oil and gas company’s stock valued at $7,825,000 after purchasing an additional 45,734 shares during the last quarter. Wedge Capital Management L L P NC boosted its stake in shares of Exxon Mobil by 1.8% during the third quarter. Wedge Capital Management L L P NC now owns 7,077 shares of the oil and gas company’s stock valued at $830,000 after purchasing an additional 126 shares during the period. Sivia Capital Partners LLC grew its holdings in shares of Exxon Mobil by 4.8% in the third quarter. Sivia Capital Partners LLC now owns 10,920 shares of the oil and gas company’s stock worth $1,280,000 after purchasing an additional 501 shares during the last quarter. Finally, CX Institutional increased its stake in shares of Exxon Mobil by 8.3% in the third quarter. CX Institutional now owns 82,946 shares of the oil and gas company’s stock worth $9,723,000 after buying an additional 6,332 shares during the period. 61.80% of the stock is owned by institutional investors.

Exxon Mobil Trading Up 0.7 %

Exxon Mobil stock opened at $111.71 on Wednesday. Exxon Mobil Co. has a 12 month low of $100.42 and a 12 month high of $126.34. The company has a market capitalization of $490.98 billion, a price-to-earnings ratio of 14.25, a price-to-earnings-growth ratio of 2.94 and a beta of 0.89. The business’s fifty day simple moving average is $109.28 and its two-hundred day simple moving average is $114.92. The company has a current ratio of 1.31, a quick ratio of 0.97 and a debt-to-equity ratio of 0.14.

Exxon Mobil (NYSE:XOM) last announced its quarterly earnings data on Friday, January 31st. The oil and gas company reported $1.67 EPS for the quarter, missing the consensus estimate 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 company earned $2.48 EPS. As a group, equities analysts predict that Exxon Mobil Co. will post 7.37 earnings per share for the current fiscal year.

Exxon Mobil Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, March 10th. Investors of record on Wednesday, February 12th will be issued a $0.99 dividend. The ex-dividend date is Wednesday, February 12th. This represents a $3.96 dividend on an annualized basis and a yield of 3.54%. Exxon Mobil’s payout ratio is currently 50.51%.

Analyst Upgrades and Downgrades

A number of brokerages have issued reports on XOM. BMO Capital Markets cut their price target on shares of Exxon Mobil from $130.00 to $123.00 and set a “market perform” rating on the stock in a report on Friday, January 31st. Truist Financial raised their target price on Exxon Mobil from $117.00 to $119.00 and gave the stock a “hold” rating in a research note on Monday, January 13th. Argus raised Exxon Mobil to a “strong-buy” rating in a research report on Tuesday, February 4th. TD Cowen cut their price objective on Exxon Mobil from $132.00 to $128.00 and set a “buy” rating on the stock in a research report on Monday, December 16th. Finally, Wells Fargo & Company decreased their target price on Exxon Mobil from $136.00 to $135.00 and set an “overweight” rating for the company in a report on Monday, February 3rd. One investment analyst has rated the stock with a sell rating, eight have given a hold rating, eleven have assigned a buy rating and two have assigned a strong buy rating to the company’s stock. According to MarketBeat.com, Exxon Mobil has a consensus rating of “Moderate Buy” and an average target price of $129.25.

Insider Activity at Exxon Mobil

In other news, VP Darrin L. Talley sold 2,100 shares of the company’s stock in a transaction 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 of the company’s stock, valued at $1,989,570. This represents a 10.40 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. 0.03% of the stock is currently owned by insiders.

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.