Exxon Mobil Co. (NYSE:XOM) is Ellerson Group Inc. ADV’s 7th Largest Position

Ellerson Group Inc. ADV trimmed its position in Exxon Mobil Co. (NYSE:XOM) by 1.1% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 41,225 shares of the oil and gas company’s stock after selling 450 shares during the period. Exxon Mobil accounts for 3.6% of Ellerson Group Inc. ADV’s portfolio, making the stock its 7th biggest position. Ellerson Group Inc. ADV’s holdings in Exxon Mobil were worth $4,122,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. Linden Thomas Advisory Services LLC grew its stake in shares of Exxon Mobil by 6.8% in the third quarter. Linden Thomas Advisory Services LLC now owns 6,648 shares of the oil and gas company’s stock worth $782,000 after acquiring an additional 424 shares during the last quarter. Avion Wealth raised its holdings in Exxon Mobil by 0.4% in the third quarter. Avion Wealth now owns 31,396 shares of the oil and gas company’s stock worth $3,691,000 after buying an additional 119 shares during the last quarter. Golden State Equity Partners lifted its stake in shares of Exxon Mobil by 1.8% in the third quarter. Golden State Equity Partners now owns 18,824 shares of the oil and gas company’s stock worth $2,213,000 after buying an additional 330 shares in the last quarter. Signet Investment Advisory Group Inc. purchased a new stake in shares of Exxon Mobil during the third quarter valued at approximately $207,000. Finally, Bfsg LLC raised its holdings in Exxon Mobil by 1.1% in the 3rd quarter. Bfsg LLC now owns 78,254 shares of the oil and gas company’s stock worth $9,201,000 after acquiring an additional 867 shares during the last quarter. Institutional investors own 61.80% of the company’s stock.

Exxon Mobil Price Performance

NYSE:XOM traded down $0.24 during trading hours on Friday, hitting $116.00. 28,023,313 shares of the stock traded hands, compared to its average volume of 18,518,412. The company has a market cap of $457.39 billion, a price-to-earnings ratio of 14.22, a price-to-earnings-growth ratio of 4.03 and a beta of 0.96. Exxon Mobil Co. has a 1 year low of $95.77 and a 1 year high of $123.75. The stock has a 50 day moving average price of $114.65 and a 200 day moving average price of $106.96. The company has a quick ratio of 1.06, a current ratio of 1.38 and a debt-to-equity ratio of 0.15.

Exxon Mobil (NYSE:XOM) last announced its quarterly earnings data on Friday, April 26th. The oil and gas company reported $2.06 EPS for the quarter, missing the consensus estimate of $2.19 by ($0.13). Exxon Mobil had a net margin of 9.62% and a return on equity of 16.75%. The firm had revenue of $83.08 billion for the quarter, compared to the consensus estimate of $79.69 billion. During the same quarter in the previous year, the business earned $2.83 earnings per share. The firm’s revenue for the quarter was down 4.0% on a year-over-year basis. Sell-side analysts forecast that Exxon Mobil Co. will post 9.61 EPS for the current fiscal year.

Exxon Mobil Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, June 10th. Stockholders of record on Wednesday, May 15th will be paid a $0.95 dividend. This represents a $3.80 dividend on an annualized basis and a dividend yield of 3.28%. The ex-dividend date is Tuesday, May 14th. Exxon Mobil’s dividend payout ratio (DPR) is 46.57%.

Analyst Ratings Changes

Several analysts have commented on XOM shares. Barclays initiated coverage on Exxon Mobil in a research note on Wednesday, April 10th. They set an “overweight” rating and a $147.00 target price on the stock. TD Cowen boosted their target price on Exxon Mobil from $128.00 to $135.00 and gave the stock a “buy” rating in a research report on Tuesday. Mizuho restated a “neutral” rating and set a $125.00 target price on shares of Exxon Mobil in a research note on Thursday, April 4th. Piper Sandler lifted their price target on shares of Exxon Mobil from $130.00 to $145.00 and gave the stock an “overweight” rating in a research note on Thursday, April 18th. Finally, Royal Bank of Canada restated a “sector perform” rating and issued a $120.00 target price on shares of Exxon Mobil in a report on Monday, February 5th. Eight research analysts have rated the stock with a hold rating and eleven have given a buy rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $134.06.

Insider Buying and Selling

In other Exxon Mobil news, VP Darrin L. Talley sold 2,426 shares of the company’s stock in a transaction that occurred on Monday, April 29th. The stock was sold at an average price of $119.01, for a total value of $288,718.26. Following the completion of the transaction, the vice president now directly owns 25,363 shares in the company, valued at approximately $3,018,450.63. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. In other Exxon Mobil news, VP Darrin L. Talley sold 2,426 shares of Exxon Mobil stock in a transaction on Monday, April 29th. The shares were sold at an average price of $119.01, for a total value of $288,718.26. Following the sale, the vice president now directly owns 25,363 shares in the company, valued at approximately $3,018,450.63. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, VP Darrin L. Talley sold 2,400 shares of the firm’s stock in a transaction dated Thursday, February 22nd. The shares were sold at an average price of $105.00, for a total value of $252,000.00. Following the transaction, the vice president now owns 30,189 shares of the company’s stock, valued at approximately $3,169,845. The disclosure for this sale can be found here. 0.03% of the stock is currently owned by company insiders.

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.