Brandywine Oak Private Wealth LLC Reduces Position in Exxon Mobil Co. (NYSE:XOM)

Brandywine Oak Private Wealth LLC decreased its position in Exxon Mobil Co. (NYSE:XOM) by 3.9% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 24,135 shares of the oil and gas company’s stock after selling 990 shares during the period. Brandywine Oak Private Wealth LLC’s holdings in Exxon Mobil were worth $2,596,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Retirement Wealth Solutions LLC acquired a new stake in shares of Exxon Mobil during the fourth quarter worth about $46,000. Peterson Financial Group Inc. purchased a new position in Exxon Mobil during the 3rd quarter worth approximately $51,000. Highline Wealth Partners LLC acquired a new stake in Exxon Mobil during the 3rd quarter valued at approximately $54,000. Harbor Capital Advisors Inc. purchased a new stake in shares of Exxon Mobil in the 3rd quarter valued at $63,000. Finally, Annapolis Financial Services LLC increased its stake in shares of Exxon Mobil by 284.9% in the third quarter. Annapolis Financial Services LLC now owns 766 shares of the oil and gas company’s stock worth $90,000 after acquiring an additional 567 shares during the period. Institutional investors and hedge funds own 61.80% of the company’s stock.

Insider Buying and Selling

In other news, VP Darrin L. Talley sold 2,100 shares of the company’s stock in a transaction on Tuesday, February 4th. The stock was sold at an average price of $110.00, for a total value of $231,000.00. Following the transaction, the vice president now owns 18,087 shares of the company’s stock, valued at $1,989,570. This represents a 10.40 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. 0.03% of the stock is currently owned by company insiders.

Exxon Mobil Stock Up 0.4 %

Shares of XOM opened at $108.87 on Monday. Exxon Mobil Co. has a 52-week low of $100.42 and a 52-week high of $126.34. The company has a quick ratio of 0.97, a current ratio of 1.31 and a debt-to-equity ratio of 0.14. The stock has a fifty day simple moving average of $109.41 and a two-hundred day simple moving average of $114.97. The company has a market capitalization of $478.49 billion, a PE ratio of 13.89, a price-to-earnings-growth ratio of 2.94 and a beta of 0.89.

Exxon Mobil (NYSE:XOM) last released its quarterly earnings data 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 quarter last year, the firm earned $2.48 EPS. As a group, equities analysts forecast that Exxon Mobil Co. will post 7.37 EPS for the current year.

Exxon Mobil Announces Dividend

The firm also recently disclosed 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 dividend on an annualized basis and a yield of 3.64%. The ex-dividend date of this dividend is Wednesday, February 12th. Exxon Mobil’s dividend payout ratio is presently 50.51%.

Wall Street Analyst Weigh In

Several equities research analysts have commented on XOM shares. Morgan Stanley upped their price target on shares of Exxon Mobil from $139.00 to $140.00 in a report on Friday, January 31st. Argus raised Exxon Mobil to a “strong-buy” rating in a report on Tuesday, February 4th. Wolfe Research upped their target price on Exxon Mobil from $137.00 to $138.00 in a research note on Thursday, October 31st. Truist Financial boosted their price target on shares of Exxon Mobil from $117.00 to $119.00 and gave the stock a “hold” rating in a report on Monday, January 13th. Finally, Mizuho decreased their price objective on shares of Exxon Mobil from $137.00 to $134.00 and set a “neutral” rating on the stock in a report on Monday, December 16th. One investment analyst has rated the stock with a sell rating, eight have issued a hold rating, eleven have given a buy rating and two have given a strong buy rating to the company’s stock. According to MarketBeat.com, Exxon Mobil has a consensus rating of “Moderate Buy” and an average price target of $129.25.

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.