WealthShield Partners LLC Sells 790 Shares of Exxon Mobil Co. (NYSE:XOM)

WealthShield Partners LLC trimmed its holdings in Exxon Mobil Co. (NYSE:XOM) by 8.8% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 8,150 shares of the oil and gas company’s stock after selling 790 shares during the quarter. WealthShield Partners LLC’s holdings in Exxon Mobil were worth $877,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the stock. Vertex Planning Partners LLC raised its stake in shares of Exxon Mobil by 3.1% in the third quarter. Vertex Planning Partners LLC now owns 2,778 shares of the oil and gas company’s stock worth $326,000 after acquiring an additional 83 shares during the last quarter. First Heartland Consultants Inc. raised its position in Exxon Mobil by 0.9% in the 3rd quarter. First Heartland Consultants Inc. now owns 9,451 shares of the oil and gas company’s stock worth $1,108,000 after purchasing an additional 87 shares during the last quarter. Latitude Advisors LLC lifted its holdings in Exxon Mobil by 0.7% during the 3rd quarter. Latitude Advisors LLC now owns 13,378 shares of the oil and gas company’s stock worth $1,568,000 after buying an additional 88 shares in the last quarter. Longfellow Investment Management Co. LLC boosted its position in Exxon Mobil by 0.6% in the 3rd quarter. Longfellow Investment Management Co. LLC now owns 14,537 shares of the oil and gas company’s stock valued at $1,704,000 after buying an additional 88 shares during the last quarter. Finally, West Oak Capital LLC increased its stake in shares of Exxon Mobil by 0.6% in the 4th quarter. West Oak Capital LLC now owns 16,207 shares of the oil and gas company’s stock valued at $1,743,000 after buying an additional 92 shares during the period. Institutional investors and hedge funds own 61.80% of the company’s stock.

Exxon Mobil Price Performance

XOM stock opened at $109.43 on Thursday. The stock has a 50-day moving average price of $108.75 and a two-hundred day moving average price of $114.34. Exxon Mobil Co. has a 1 year low of $103.85 and a 1 year high of $126.34. The stock has a market cap of $474.84 billion, a PE ratio of 13.96, a price-to-earnings-growth ratio of 3.02 and a beta of 0.89. 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 posted its quarterly earnings data on Friday, January 31st. The oil and gas company reported $1.67 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.77 by ($0.10). Exxon Mobil had a return on equity of 12.92% and a net margin of 9.63%. During the same period in the prior year, the company earned $2.48 EPS. Equities analysts forecast that Exxon Mobil Co. will post 7.43 EPS for the current fiscal year.

Exxon Mobil Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, March 10th. Stockholders 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 dividend yield of 3.62%. Exxon Mobil’s dividend payout ratio (DPR) is presently 50.51%.

Analyst Ratings Changes

Several equities analysts have recently issued reports on XOM shares. UBS Group cut their price target on Exxon Mobil from $149.00 to $147.00 and set a “buy” rating on the stock in a research note on Thursday, December 12th. Truist Financial lifted their price target on shares of Exxon Mobil from $117.00 to $119.00 and gave the stock a “hold” rating in a research report on Monday, January 13th. Bernstein Bank increased their price objective on shares of Exxon Mobil from $138.00 to $144.00 and gave the company an “overweight” rating in a report on Friday, January 31st. The Goldman Sachs Group lowered their target price on shares of Exxon Mobil from $125.00 to $123.00 and set a “neutral” rating for the company in a report on Friday, January 31st. Finally, Argus raised Exxon Mobil to a “strong-buy” rating in a research note on Tuesday, February 4th. One equities research analyst has rated the stock with a sell rating, eight have given a hold rating, eleven have given a buy rating and two have given a strong buy rating to the company. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $129.25.

Insider Transactions at Exxon Mobil

In other Exxon Mobil news, VP Darrin L. Talley sold 2,100 shares of Exxon Mobil stock in a transaction 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. 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 link. 0.03% of the stock is currently owned by insiders.

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.