Exxon Mobil Co. (NYSE:XOM) Stock Holdings Lessened by Hara Capital LLC

Hara Capital LLC lessened its holdings in Exxon Mobil Co. (NYSE:XOM) by 0.8% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 42,467 shares of the oil and gas company’s stock after selling 339 shares during the quarter. Exxon Mobil accounts for about 3.0% of Hara Capital LLC’s holdings, making the stock its 4th biggest position. Hara Capital LLC’s holdings in Exxon Mobil were worth $4,568,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently modified their holdings of XOM. Keystone Financial Group Inc. purchased a new stake in Exxon Mobil during the 4th quarter worth $36,000. Retirement Wealth Solutions LLC acquired a new position in Exxon Mobil in the 4th quarter worth $46,000. Peterson Financial Group Inc. bought a new position in shares of Exxon Mobil during the third quarter worth about $51,000. Compass Financial Services Inc bought a new position in shares of Exxon Mobil during the fourth quarter worth about $48,000. Finally, Highline Wealth Partners LLC bought a new position in shares of Exxon Mobil during the third quarter worth about $54,000. 61.80% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

XOM has been the topic of several analyst reports. HSBC dropped their price target on shares of Exxon Mobil from $125.00 to $123.00 and set a “hold” rating on the stock in a research note on Friday, January 31st. Piper Sandler dropped their price target on shares of Exxon Mobil from $138.00 to $127.00 and set an “overweight” rating on the stock in a research note on Thursday, December 19th. Scotiabank dropped their price target on shares of Exxon Mobil from $145.00 to $140.00 in a research note on Friday, January 31st. BMO Capital Markets lowered their price objective on shares of Exxon Mobil from $130.00 to $123.00 and set a “market perform” rating on the stock in a research note on Friday, January 31st. Finally, Wolfe Research raised their price objective on shares of Exxon Mobil from $137.00 to $138.00 in a research note on Thursday, October 31st. One analyst has rated the stock with a sell rating, eight have assigned a hold rating, eleven have assigned a buy rating and two have given a strong buy rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $129.25.

Insider Buying and Selling

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

Exxon Mobil Price Performance

NYSE:XOM opened at $110.67 on Friday. Exxon Mobil Co. has a 12 month low of $102.88 and a 12 month high of $126.34. The company’s 50-day moving average price is $108.60 and its two-hundred day moving average price is $114.49. The firm has a market cap of $486.39 billion, a PE ratio of 14.12, a price-to-earnings-growth ratio of 2.97 and a beta of 0.89. 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 issued its earnings results 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 prior year, the company posted $2.48 earnings per share. On average, equities analysts anticipate that Exxon Mobil Co. will post 7.43 EPS for the current fiscal year.

Exxon Mobil Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, March 10th. Stockholders of record on Wednesday, February 12th will be given a $0.99 dividend. This represents a $3.96 annualized dividend and a dividend yield of 3.58%. The ex-dividend date of this dividend is Wednesday, February 12th. Exxon Mobil’s payout ratio 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.