Exxon Mobil Co. (NYSE:XOM) Shares Sold by Threadgill Financial LLC

Threadgill Financial LLC decreased its holdings in shares of Exxon Mobil Co. (NYSE:XOM) by 8.6% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 10,670 shares of the oil and gas company’s stock after selling 1,010 shares during the period. Exxon Mobil comprises approximately 0.6% of Threadgill Financial LLC’s investment portfolio, making the stock its 24th largest holding. Threadgill Financial LLC’s holdings in Exxon Mobil were worth $1,148,000 as of its most recent SEC filing.

Other institutional investors have also recently added to or reduced their stakes in the company. Eagle Capital Management LLC raised its stake in Exxon Mobil by 4.9% in the 2nd quarter. Eagle Capital Management LLC now owns 2,460 shares of the oil and gas company’s stock valued at $283,000 after purchasing an additional 114 shares during the last quarter. Achmea Investment Management B.V. raised its position in shares of Exxon Mobil by 3.9% in the second quarter. Achmea Investment Management B.V. now owns 491,300 shares of the oil and gas company’s stock valued at $56,558,000 after buying an additional 18,243 shares during the last quarter. Johnson Investment Counsel Inc. lifted its stake in shares of Exxon Mobil by 1.0% in the second quarter. Johnson Investment Counsel Inc. now owns 212,417 shares of the oil and gas company’s stock worth $24,453,000 after buying an additional 2,054 shares in the last quarter. Bell Investment Advisors Inc boosted its position in Exxon Mobil by 3.0% during the second quarter. Bell Investment Advisors Inc now owns 4,079 shares of the oil and gas company’s stock worth $470,000 after acquiring an additional 120 shares during the last quarter. Finally, Eagle Strategies LLC grew its stake in Exxon Mobil by 103.3% during the 2nd quarter. Eagle Strategies LLC now owns 28,561 shares of the oil and gas company’s stock valued at $3,288,000 after acquiring an additional 14,509 shares in the last quarter. Institutional investors and hedge funds own 61.80% of the company’s stock.

Exxon Mobil Stock Performance

Shares of Exxon Mobil stock opened at $106.54 on Monday. The business has a 50-day simple moving average of $113.49 and a 200-day simple moving average of $115.65. The company has a market cap of $468.25 billion, a PE ratio of 13.27, a P/E/G ratio of 4.65 and a beta of 0.91. Exxon Mobil Co. has a one year low of $95.77 and a one year high of $126.34. The company has a debt-to-equity ratio of 0.13, a quick ratio of 1.01 and a current ratio of 1.35.

Exxon Mobil (NYSE:XOM) last announced its quarterly earnings data on Friday, November 1st. The oil and gas company reported $1.92 EPS for the quarter, beating analysts’ consensus estimates of $1.91 by $0.01. The company had revenue of $90.02 billion for the quarter, compared to the consensus estimate of $93.98 billion. Exxon Mobil had a net margin of 9.61% and a return on equity of 14.73%. The company’s quarterly revenue was down .8% compared to the same quarter last year. During the same period in the prior year, the firm posted $2.27 EPS. On average, equities research analysts forecast that Exxon Mobil Co. will post 7.95 EPS for the current fiscal year.

Exxon Mobil Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, December 10th. Shareholders of record on Thursday, November 14th were issued a dividend of $0.99 per share. This represents a $3.96 dividend on an annualized basis and a yield of 3.72%. This is an increase from Exxon Mobil’s previous quarterly dividend of $0.95. The ex-dividend date was Thursday, November 14th. Exxon Mobil’s payout ratio is 49.32%.

Wall Street Analysts Forecast Growth

XOM has been the topic of a number of research reports. Wells Fargo & Company raised their target price on shares of Exxon Mobil from $135.00 to $136.00 and gave the stock an “overweight” rating in a research note on Friday, September 27th. Scotiabank raised Exxon Mobil from a “sector perform” rating to a “sector outperform” rating and boosted their price objective for the stock from $129.00 to $145.00 in a research note on Thursday, October 10th. UBS Group dropped their target price on Exxon Mobil from $149.00 to $147.00 and set a “buy” rating for the company in a report on Thursday, December 12th. JPMorgan Chase & Co. reduced their price target on Exxon Mobil from $130.00 to $125.00 and set an “overweight” rating on the stock in a report on Monday, December 16th. Finally, Redburn Atlantic reissued a “neutral” rating and issued a $120.00 price target (up previously from $119.00) on shares of Exxon Mobil in a research note on Tuesday, September 24th. One analyst has rated the stock with a sell rating, seven have assigned a hold rating, ten have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $128.74.

About 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.