AlphaQ Advisors LLC Sells 1,090 Shares of Exxon Mobil Co. (NYSE:XOM)

AlphaQ Advisors LLC decreased its position in shares of Exxon Mobil Co. (NYSE:XOM) by 28.1% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 2,785 shares of the oil and gas company’s stock after selling 1,090 shares during the quarter. AlphaQ Advisors LLC’s holdings in Exxon Mobil were worth $278,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in XOM. KB Financial Partners LLC acquired a new stake in shares of Exxon Mobil during the 1st quarter worth approximately $27,000. IMA Wealth Inc. grew its position in Exxon Mobil by 720.0% in the 2nd quarter. IMA Wealth Inc. now owns 369 shares of the oil and gas company’s stock valued at $40,000 after purchasing an additional 324 shares during the period. FWL Investment Management LLC acquired a new stake in Exxon Mobil in the 4th quarter valued at $43,000. DHJJ Financial Advisors Ltd. acquired a new stake in Exxon Mobil in the 3rd quarter valued at $49,000. Finally, Studio Investment Management LLC acquired a new stake in Exxon Mobil in the 4th quarter valued at $49,000. Institutional investors own 61.80% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts recently issued reports on the stock. Royal Bank of Canada reissued a “sector perform” rating and issued a $120.00 price target on shares of Exxon Mobil in a research report on Monday, February 5th. Piper Sandler dropped their price objective on Exxon Mobil from $142.00 to $130.00 and set an “overweight” rating on the stock in a research note on Thursday, March 14th. Truist Financial raised their price objective on Exxon Mobil from $140.00 to $146.00 and gave the company a “buy” rating in a research note on Friday, April 5th. Scotiabank raised their price objective on Exxon Mobil from $114.00 to $129.00 and gave the company a “sector perform” rating in a research note on Thursday, April 11th. Finally, Mizuho restated a “neutral” rating and set a $125.00 price objective on shares of Exxon Mobil in a research note on Thursday, April 4th. Nine investment analysts have rated the stock with a hold rating and eleven have given a buy rating to the stock. According to MarketBeat, Exxon Mobil presently has a consensus rating of “Moderate Buy” and an average price target of $131.44.

Exxon Mobil Stock Down 0.6 %

XOM stock opened at $119.68 on Tuesday. The company has a quick ratio of 1.09, a current ratio of 1.48 and a debt-to-equity ratio of 0.18. The firm has a market capitalization of $473.72 billion, a PE ratio of 13.46, a PEG ratio of 4.21 and a beta of 0.96. Exxon Mobil Co. has a twelve month low of $95.77 and a twelve month high of $123.75. The stock has a 50-day simple moving average of $110.24 and a two-hundred day simple moving average of $106.12.

Exxon Mobil (NYSE:XOM) last issued its quarterly earnings data on Friday, February 2nd. The oil and gas company reported $2.48 EPS for the quarter, topping the consensus estimate of $2.20 by $0.28. Exxon Mobil had a return on equity of 18.51% and a net margin of 10.45%. The company had revenue of $84.34 billion during the quarter, compared to analyst estimates of $90.03 billion. During the same quarter in the previous year, the firm earned $3.40 earnings per share. Exxon Mobil’s revenue was down 11.6% on a year-over-year basis. On average, equities analysts predict that Exxon Mobil Co. will post 9.54 EPS for the current fiscal year.

Exxon Mobil Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, March 11th. Stockholders of record on Wednesday, February 14th were issued a dividend of $0.95 per share. This represents a $3.80 annualized dividend and a dividend yield of 3.18%. The ex-dividend date of this dividend was Tuesday, February 13th. Exxon Mobil’s payout ratio is 42.74%.

Insider Transactions at Exxon Mobil

In other Exxon Mobil news, VP Darrin L. Talley sold 2,400 shares of the company’s stock in a transaction that occurred on Thursday, February 22nd. The stock was sold at an average price of $105.00, for a total value of $252,000.00. Following the completion of the sale, the vice president now owns 30,189 shares of the company’s stock, valued at $3,169,845. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. 0.04% of the stock is 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.