Autumn Glory Partners LLC Has $1.98 Million Stock Position in Exxon Mobil Co. (NYSE:XOM)

Autumn Glory Partners LLC lessened its stake in Exxon Mobil Co. (NYSE:XOM) by 25.8% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 18,401 shares of the oil and gas company’s stock after selling 6,407 shares during the quarter. Autumn Glory Partners LLC’s holdings in Exxon Mobil were worth $1,979,000 at the end of the most recent reporting period.

Several other large investors also recently made changes to their positions in the stock. Rockline Wealth Management LLC boosted its position in Exxon Mobil by 6.1% during the 4th quarter. Rockline Wealth Management LLC now owns 25,918 shares of the oil and gas company’s stock worth $2,788,000 after acquiring an additional 1,498 shares during the last quarter. Global Wealth Management Investment Advisory Inc. lifted its position in shares of Exxon Mobil by 10.7% in the third quarter. Global Wealth Management Investment Advisory Inc. now owns 47,195 shares of the oil and gas company’s stock worth $5,532,000 after purchasing an additional 4,578 shares in the last quarter. Helen Stephens Group LLC boosted its holdings in Exxon Mobil by 7.3% during the fourth quarter. Helen Stephens Group LLC now owns 41,637 shares of the oil and gas company’s stock worth $4,479,000 after purchasing an additional 2,825 shares during the last quarter. Brooklyn Investment Group grew its position in Exxon Mobil by 36.8% in the third quarter. Brooklyn Investment Group now owns 25,127 shares of the oil and gas company’s stock valued at $2,945,000 after purchasing an additional 6,753 shares in the last quarter. Finally, Parthenon LLC increased its stake in Exxon Mobil by 2.4% in the 3rd quarter. Parthenon LLC now owns 191,590 shares of the oil and gas company’s stock valued at $22,458,000 after buying an additional 4,445 shares during the last quarter. Institutional investors own 61.80% of the company’s stock.

Wall Street Analyst Weigh In

XOM has been the subject of a number of recent research reports. The Goldman Sachs Group reduced their price objective on shares of Exxon Mobil from $125.00 to $123.00 and set a “neutral” rating for the company in a research note on Friday, January 31st. TD Cowen reduced their price target on Exxon Mobil from $132.00 to $128.00 and set a “buy” rating for the company in a research report on Monday, December 16th. Piper Sandler lowered their price target on Exxon Mobil from $138.00 to $127.00 and set an “overweight” rating on the stock in a research report on Thursday, December 19th. Mizuho cut their price objective on Exxon Mobil from $137.00 to $134.00 and set a “neutral” rating for the company in a report on Monday, December 16th. Finally, Wells Fargo & Company lowered their target price on shares of Exxon Mobil from $136.00 to $135.00 and set an “overweight” rating on the stock in a report on Monday, February 3rd. One equities research analyst has rated the stock with a sell rating, eight have issued a hold rating, eleven have assigned a buy rating and two have issued a strong buy rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $129.25.

Exxon Mobil Trading Up 0.0 %

Shares of NYSE:XOM opened at $108.17 on Tuesday. The business’s 50 day simple moving average is $108.78 and its 200 day simple moving average is $114.67. Exxon Mobil Co. has a 1 year low of $100.60 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 has a market capitalization of $475.42 billion, a P/E ratio of 13.80, a P/E/G ratio of 2.94 and a beta of 0.89.

Exxon Mobil (NYSE:XOM) last released its 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 return on equity of 12.92% and a net margin of 9.63%. During the same period last year, the business earned $2.48 EPS. On average, research analysts anticipate that Exxon Mobil Co. will post 7.37 EPS for the current fiscal year.

Exxon Mobil Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, March 10th. Shareholders of record on Wednesday, February 12th will be paid a dividend of $0.99 per share. This represents a $3.96 annualized dividend and a yield of 3.66%. The ex-dividend date is Wednesday, February 12th. Exxon Mobil’s payout ratio is 50.51%.

Insider Buying and Selling

In other news, VP Darrin L. Talley sold 2,100 shares of the firm’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. This trade represents a 10.40 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. 0.03% of the stock is owned by corporate 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.