Exxon Mobil Co. (NYSE:XOM) Shares Sold by Financial Synergies Wealth Advisors Inc.

Financial Synergies Wealth Advisors Inc. reduced its position in Exxon Mobil Co. (NYSE:XOM) by 0.4% during the 4th quarter, HoldingsChannel.com reports. The firm owned 46,272 shares of the oil and gas company’s stock after selling 191 shares during the quarter. Exxon Mobil makes up approximately 0.6% of Financial Synergies Wealth Advisors Inc.’s investment portfolio, making the stock its 22nd biggest position. Financial Synergies Wealth Advisors Inc.’s holdings in Exxon Mobil were worth $4,977,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of XOM. Consolidated Portfolio Review Corp raised its holdings in Exxon Mobil by 57.5% in the fourth quarter. Consolidated Portfolio Review Corp now owns 10,704 shares of the oil and gas company’s stock valued at $1,151,000 after buying an additional 3,906 shares during the period. Eagle Ridge Investment Management raised its stake in shares of Exxon Mobil by 9.1% in the 4th quarter. Eagle Ridge Investment Management now owns 2,775 shares of the oil and gas company’s stock valued at $299,000 after acquiring an additional 232 shares during the period. GHP Investment Advisors Inc. lifted its holdings in shares of Exxon Mobil by 7.9% during the 4th quarter. GHP Investment Advisors Inc. now owns 64,515 shares of the oil and gas company’s stock valued at $6,940,000 after acquiring an additional 4,708 shares in the last quarter. Oakworth Capital Inc. boosted its position in Exxon Mobil by 2.8% during the 4th quarter. Oakworth Capital Inc. now owns 32,622 shares of the oil and gas company’s stock worth $3,509,000 after purchasing an additional 875 shares during the period. Finally, Etesian Wealth Advisors Inc. increased its holdings in Exxon Mobil by 5.1% in the 4th quarter. Etesian Wealth Advisors Inc. now owns 6,075 shares of the oil and gas company’s stock valued at $653,000 after purchasing an additional 295 shares in the last quarter. Hedge funds and other institutional investors own 61.80% of the company’s stock.

Analysts Set New Price Targets

XOM has been the subject of several analyst reports. The Goldman Sachs Group decreased their target price on Exxon Mobil from $125.00 to $123.00 and set a “neutral” rating for the company in a research report on Friday, January 31st. Morgan Stanley increased their price objective on shares of Exxon Mobil from $139.00 to $140.00 in a research report on Friday, January 31st. HSBC reduced their target price on shares of Exxon Mobil from $125.00 to $123.00 and set a “hold” rating on the stock in a research report on Friday, January 31st. Bank of America started coverage on shares of Exxon Mobil in a research note on Thursday, October 17th. They set a “neutral” rating and a $124.00 price target on the stock. Finally, Piper Sandler decreased their price objective on shares of Exxon Mobil from $138.00 to $127.00 and set an “overweight” rating for the company in a research report on Thursday, December 19th. One analyst has rated the stock with a sell rating, eight have assigned a hold rating, eleven have given a buy rating and two have assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $129.25.

Insider Activity at Exxon Mobil

In other news, VP Darrin L. Talley sold 2,100 shares of the business’s stock in a transaction on Tuesday, February 4th. The shares were sold at an average price of $110.00, for a total transaction of $231,000.00. Following the completion of the transaction, the vice president now owns 18,087 shares of the company’s stock, valued at approximately $1,989,570. The trade was a 10.40 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Insiders own 0.03% of the company’s stock.

Exxon Mobil Stock Performance

Exxon Mobil stock opened at $108.87 on Monday. The company has a market cap of $478.49 billion, a PE ratio of 13.89, a P/E/G ratio of 2.94 and a beta of 0.89. Exxon Mobil Co. has a 12 month low of $100.42 and a 12 month high of $126.34. The company has a fifty day moving average price of $109.41 and a two-hundred day moving average price of $114.97. The company has a debt-to-equity ratio of 0.14, a current ratio of 1.31 and a quick ratio of 0.97.

Exxon Mobil (NYSE:XOM) last announced its quarterly earnings data on Friday, January 31st. The oil and gas company reported $1.67 earnings per share for the quarter, missing analysts’ consensus estimates 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 EPS. Research analysts expect that Exxon Mobil Co. will post 7.37 earnings per share for the current year.

Exxon Mobil Dividend Announcement

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 issued a $0.99 dividend. This represents a $3.96 annualized dividend and a dividend yield of 3.64%. The ex-dividend date is Wednesday, February 12th. Exxon Mobil’s dividend payout ratio (DPR) is 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.