Financial Sense Advisors Inc. Sells 5,254 Shares of Exxon Mobil Co. (NYSE:XOM)

Financial Sense Advisors Inc. trimmed its holdings in shares of Exxon Mobil Co. (NYSE:XOM - Free Report) by 10.5% in the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 44,802 shares of the oil and gas company's stock after selling 5,254 shares during the quarter. Exxon Mobil accounts for 1.6% of Financial Sense Advisors Inc.'s holdings, making the stock its 13th biggest position. Financial Sense Advisors Inc.'s holdings in Exxon Mobil were worth $4,819,000 as of its most recent SEC filing.
A number of other large investors have also bought and sold shares of XOM. Pacer Advisors Inc. increased its stake in Exxon Mobil by 1,524.1% during the 4th quarter. Pacer Advisors Inc. now owns 5,445,922 shares of the oil and gas company's stock worth $585,818,000 after purchasing an additional 5,110,603 shares in the last quarter. Franklin Resources Inc. increased its stake in Exxon Mobil by 16.3% during the 3rd quarter. Franklin Resources Inc. now owns 31,522,556 shares of the oil and gas company's stock worth $3,936,929,000 after purchasing an additional 4,415,012 shares in the last quarter. Assenagon Asset Management S.A. increased its stake in Exxon Mobil by 168.5% during the 3rd quarter. Assenagon Asset Management S.A. now owns 4,530,457 shares of the oil and gas company's stock worth $531,060,000 after purchasing an additional 2,842,844 shares in the last quarter. Strategic Financial Concepts LLC increased its stake in Exxon Mobil by 11,131.0% during the 4th quarter. Strategic Financial Concepts LLC now owns 1,792,811 shares of the oil and gas company's stock worth $192,853,000 after purchasing an additional 1,776,848 shares in the last quarter. Finally, Geode Capital Management LLC increased its stake in Exxon Mobil by 1.8% during the 3rd quarter. Geode Capital Management LLC now owns 92,194,981 shares of the oil and gas company's stock worth $10,777,735,000 after purchasing an additional 1,622,064 shares in the last quarter. 61.80% of the stock is owned by institutional investors.
In other news, VP Darrin L. Talley sold 2,100 shares of Exxon Mobil stock in a transaction on Tuesday, February 4th. The stock was sold at an average price of $110.00, for a total transaction of $231,000.00. Following the completion of the sale, the vice president now owns 18,087 shares of the company's stock, valued at approximately $1,989,570. This trade represents a 10.40 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders own 0.03% of the company's stock.
Shares of Exxon Mobil stock opened at $110.67 on Friday. The business has a fifty day simple moving average of $108.60 and a two-hundred day simple moving average of $114.49. Exxon Mobil Co. has a 1 year low of $102.88 and a 1 year high of $126.34. The company has a market capitalization of $480.20 billion, a price-to-earnings ratio of 14.12, a P/E/G ratio of 3.02 and a beta of 0.89. 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 - Get Free Report) 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 period last year, the company posted $2.48 EPS. Research analysts forecast that Exxon Mobil Co. will post 7.43 EPS for the current year.
The firm also recently declared a quarterly dividend, which will be paid on Monday, March 10th. Shareholders of record on Wednesday, February 12th will be issued a dividend of $0.99 per share. This represents a $3.96 annualized dividend and a yield of 3.58%. The ex-dividend date is Wednesday, February 12th. Exxon Mobil's dividend payout ratio is 50.51%.
Several equities analysts have recently weighed in on XOM shares. Truist Financial raised 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. Wolfe Research raised their price target on shares of Exxon Mobil from $137.00 to $138.00 in a research note on Thursday, October 31st. Bernstein Bank raised their price target on shares of Exxon Mobil from $138.00 to $144.00 and gave the stock an "overweight" rating in a research note on Friday, January 31st. UBS Group decreased 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. Finally, Scotiabank decreased their price target on shares of Exxon Mobil from $145.00 to $140.00 in a research note on Friday, January 31st. One 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 assigned a strong buy rating to the stock. According to MarketBeat, Exxon Mobil presently has an average rating of "Moderate Buy" and an average target price of $129.25.
View Our Latest Stock Analysis on 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.
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