Aldebaran Financial Inc. Sells 286 Shares of Exxon Mobil Co. (NYSE:XOM)

Aldebaran Financial Inc. lowered its holdings in Exxon Mobil Co. (NYSE:XOM) by 4.7% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 5,844 shares of the oil and gas company’s stock after selling 286 shares during the period. Aldebaran Financial Inc.’s holdings in Exxon Mobil were worth $584,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Smith & Howard Wealth Management LLC bought a new position in shares of Exxon Mobil in the 4th quarter worth $234,000. CWM LLC increased its holdings in shares of Exxon Mobil by 9.5% in the 4th quarter. CWM LLC now owns 591,057 shares of the oil and gas company’s stock worth $59,094,000 after buying an additional 51,081 shares during the last quarter. Criterion Capital Advisors LLC bought a new position in shares of Exxon Mobil in the 4th quarter worth $487,000. Gradient Capital Advisors LLC increased its holdings in shares of Exxon Mobil by 4.3% in the 4th quarter. Gradient Capital Advisors LLC now owns 3,946 shares of the oil and gas company’s stock worth $395,000 after buying an additional 161 shares during the last quarter. Finally, Annapolis Financial Services LLC increased its holdings in shares of Exxon Mobil by 7.3% in the 4th quarter. Annapolis Financial Services LLC now owns 2,229 shares of the oil and gas company’s stock worth $223,000 after buying an additional 152 shares during the last quarter. Institutional investors own 61.80% of the company’s stock.

Exxon Mobil Stock Up 0.6 %

Shares of Exxon Mobil stock opened at $120.58 on Tuesday. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.48 and a quick ratio of 1.09. The company has a 50-day moving average of $111.89 and a 200 day moving average of $106.31. The firm has a market cap of $477.29 billion, a price-to-earnings ratio of 13.56, a PEG ratio of 4.12 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.

Exxon Mobil (NYSE:XOM) last released its quarterly earnings data on Friday, February 2nd. The oil and gas company reported $2.48 earnings per share for the quarter, beating analysts’ consensus estimates of $2.20 by $0.28. The business had revenue of $84.34 billion during the quarter, compared to analyst estimates of $90.03 billion. Exxon Mobil had a net margin of 10.45% and a return on equity of 18.51%. Exxon Mobil’s revenue was down 11.6% compared to the same quarter last year. During the same period last year, the business earned $3.40 EPS. As a group, sell-side analysts anticipate that Exxon Mobil Co. will post 9.7 earnings per share for the current fiscal year.

Exxon Mobil Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, March 11th. Shareholders of record on Wednesday, February 14th were paid a dividend of $0.95 per share. The ex-dividend date of this dividend was Tuesday, February 13th. This represents a $3.80 dividend on an annualized basis and a yield of 3.15%. Exxon Mobil’s dividend payout ratio is currently 42.74%.

Analyst Upgrades and Downgrades

A number of equities analysts have recently commented on the stock. Truist Financial increased their price target on shares of Exxon Mobil from $140.00 to $146.00 and gave the stock a “buy” rating in a report on Friday, April 5th. UBS Group upped their price objective on shares of Exxon Mobil from $133.00 to $150.00 and gave the company a “buy” rating in a research note on Thursday, April 11th. Redburn Atlantic raised shares of Exxon Mobil from a “neutral” rating to a “buy” rating and upped their price objective for the company from $116.00 to $119.00 in a research note on Tuesday, January 9th. Mizuho reaffirmed a “neutral” rating and issued a $125.00 price objective on shares of Exxon Mobil in a research note on Thursday, April 4th. Finally, Royal Bank of Canada reaffirmed a “sector perform” rating and issued a $120.00 price objective on shares of Exxon Mobil in a research note on Monday, February 5th. Eight equities 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, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $132.28.

Insider Buying and Selling at Exxon Mobil

In other news, 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 transaction of $252,000.00. Following the sale, the vice president now owns 30,189 shares of the company’s stock, valued at approximately $3,169,845. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. 0.03% of the stock is 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.