EagleClaw Capital Managment LLC Sells 125 Shares of Exxon Mobil Co. (NYSE:XOM)

EagleClaw Capital Managment LLC reduced its stake in shares of Exxon Mobil Co. (NYSE:XOM) by 2.1% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 5,785 shares of the oil and gas company’s stock after selling 125 shares during the period. EagleClaw Capital Managment LLC’s holdings in Exxon Mobil were worth $622,000 as of its most recent SEC filing.

A number of other hedge funds also recently made changes to their positions in the stock. Hartford Funds Management Co LLC bought a new stake in shares of Exxon Mobil during the 4th quarter worth $543,000. Welch & Forbes LLC lifted its holdings in shares of Exxon Mobil by 0.7% during the 4th quarter. Welch & Forbes LLC now owns 313,469 shares of the oil and gas company’s stock worth $33,720,000 after acquiring an additional 2,128 shares during the last quarter. E Fund Management Co. Ltd. lifted its holdings in shares of Exxon Mobil by 61.0% during the 4th quarter. E Fund Management Co. Ltd. now owns 48,122 shares of the oil and gas company’s stock worth $5,176,000 after acquiring an additional 18,240 shares during the last quarter. Candriam S.C.A. lifted its holdings in shares of Exxon Mobil by 6.5% during the 4th quarter. Candriam S.C.A. now owns 333,261 shares of the oil and gas company’s stock worth $35,849,000 after acquiring an additional 20,443 shares during the last quarter. Finally, Royal Harbor Partners LLC lifted its holdings in shares of Exxon Mobil by 10.6% during the 4th quarter. Royal Harbor Partners LLC now owns 9,084 shares of the oil and gas company’s stock worth $977,000 after acquiring an additional 869 shares during the last quarter. 61.80% of the stock is owned by institutional investors.

Insider Buying and Selling

In related news, VP Darrin L. Talley sold 2,100 shares of the business’s stock in a transaction dated Tuesday, February 4th. The shares were sold at an average price of $110.00, for a total transaction of $231,000.00. Following the sale, the vice president now owns 18,087 shares of the company’s stock, valued at $1,989,570. The trade was a 10.40 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. 0.03% of the stock is currently owned by insiders.

Exxon Mobil Price Performance

Shares of NYSE XOM opened at $107.52 on Friday. Exxon Mobil Co. has a 1 year low of $103.67 and a 1 year high of $126.34. The company has a debt-to-equity ratio of 0.14, a current ratio of 1.31 and a quick ratio of 0.97. The company’s 50-day moving average is $109.00 and its 200 day moving average is $113.94. The stock has a market capitalization of $466.54 billion, a P/E ratio of 13.71, a P/E/G ratio of 3.02 and a beta of 0.89.

Exxon Mobil (NYSE:XOM) last announced its quarterly earnings results on Friday, January 31st. The oil and gas company reported $1.67 earnings per share (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 firm posted $2.48 EPS. On average, sell-side analysts expect that Exxon Mobil Co. will post 7.43 earnings per share for the current year.

Exxon Mobil Announces Dividend

The business also recently declared 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. This represents a $3.96 annualized dividend and a dividend yield of 3.68%. The ex-dividend date is Wednesday, February 12th. Exxon Mobil’s dividend payout ratio is currently 50.51%.

Wall Street Analyst Weigh In

XOM has been the subject of several recent research reports. UBS Group lowered their price target on shares of Exxon Mobil from $149.00 to $147.00 and set a “buy” rating for the company in a research note on Thursday, December 12th. Truist Financial boosted their price target on shares of 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 shares of Exxon Mobil to a “strong-buy” rating in a research note on Tuesday, February 4th. Mizuho lowered their price target on shares of Exxon Mobil from $137.00 to $134.00 and set a “neutral” rating for the company in a research note on Monday, December 16th. Finally, Wells Fargo & Company lowered their price target on shares of Exxon Mobil from $136.00 to $135.00 and set an “overweight” rating for the company in a research note on Monday, February 3rd. One analyst has rated the stock with a sell rating, eight have issued a hold rating, eleven have issued a buy rating and two have issued a strong buy rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $129.25.

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.