Signaturefd LLC Has $10.73 Million Stock Holdings in Exxon Mobil Co. (NYSE:XOM)

Signaturefd LLC decreased its holdings in shares of Exxon Mobil Co. (NYSE:XOM) by 2.9% in the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 99,725 shares of the oil and gas company’s stock after selling 2,961 shares during the period. Signaturefd LLC’s holdings in Exxon Mobil were worth $10,727,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in the stock. Parallel Advisors LLC lifted its stake in Exxon Mobil by 0.4% in the fourth quarter. Parallel Advisors LLC now owns 72,667 shares of the oil and gas company’s stock valued at $7,817,000 after buying an additional 315 shares in the last quarter. Cibc World Markets Corp grew its stake in Exxon Mobil by 80.9% in the fourth quarter. Cibc World Markets Corp now owns 1,095,621 shares of the oil and gas company’s stock valued at $117,856,000 after purchasing an additional 490,124 shares in the last quarter. Addison Capital Co raised its position in Exxon Mobil by 2.1% during the fourth quarter. Addison Capital Co now owns 14,648 shares of the oil and gas company’s stock worth $1,576,000 after acquiring an additional 300 shares in the last quarter. Gray Wealth Management Inc. lifted its stake in Exxon Mobil by 11.0% in the 4th quarter. Gray Wealth Management Inc. now owns 21,333 shares of the oil and gas company’s stock valued at $2,295,000 after purchasing an additional 2,120 shares during the last quarter. Finally, Atlanta Consulting Group Advisors LLC boosted its stake in shares of Exxon Mobil by 3.8% during the 4th quarter. Atlanta Consulting Group Advisors LLC now owns 26,452 shares of the oil and gas company’s stock worth $2,845,000 after acquiring an additional 970 shares during the period. Institutional investors and hedge funds own 61.80% of the company’s stock.

Insider Activity

In other news, VP Darrin L. Talley sold 2,100 shares of the company’s stock in a transaction that occurred on Tuesday, February 4th. The stock was sold at an average price of $110.00, for a total transaction of $231,000.00. Following the sale, the vice president now directly 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 legal filing with the Securities & Exchange Commission, which is available at the SEC website. Company insiders own 0.03% of the company’s stock.

Exxon Mobil Stock Up 3.0 %

XOM stock opened at $111.98 on Monday. The stock has a market cap of $485.90 billion, a P/E ratio of 14.28, a PEG ratio of 3.02 and a beta of 0.83. Exxon Mobil Co. has a twelve month low of $103.67 and a twelve month high of $126.34. The business’s 50-day moving average price is $109.34 and its 200-day moving average price is $113.63. The company has a quick ratio of 0.97, a current ratio of 1.31 and a debt-to-equity ratio of 0.14.

Exxon Mobil (NYSE:XOM) last released its earnings results on Friday, January 31st. The oil and gas company reported $1.67 earnings per share for the quarter, missing analysts’ consensus estimates of $1.77 by ($0.10). Exxon Mobil had a net margin of 9.63% and a return on equity of 12.92%. During the same quarter in the previous year, the firm posted $2.48 EPS. On average, equities research analysts forecast that Exxon Mobil Co. will post 7.43 EPS for the current year.

Exxon Mobil Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, March 10th. Shareholders of record on Wednesday, February 12th were issued a dividend of $0.99 per share. This represents a $3.96 annualized dividend and a dividend yield of 3.54%. The ex-dividend date was Wednesday, February 12th. Exxon Mobil’s dividend payout ratio (DPR) is presently 50.51%.

Analyst Ratings Changes

Several equities research analysts have issued reports on XOM shares. Piper Sandler cut their price objective on shares of Exxon Mobil from $138.00 to $127.00 and set an “overweight” rating for the company in a research report on Thursday, December 19th. Royal Bank of Canada restated a “sector perform” rating and set a $115.00 target price on shares of Exxon Mobil in a research note on Monday, February 3rd. BMO Capital Markets reduced their target price on Exxon Mobil from $130.00 to $123.00 and set a “market perform” rating on the stock in a report on Friday, January 31st. UBS Group cut their price target on Exxon Mobil from $149.00 to $147.00 and set a “buy” rating for the company in a research note on Thursday, December 12th. Finally, Mizuho decreased 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. One analyst has rated the stock with a sell rating, eight have issued a hold rating, eleven have assigned a buy rating and two have given a strong buy rating to the company. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price 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.