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

Frazier Financial Advisors LLC lessened its holdings in Exxon Mobil Co. (NYSE:XOM) by 5.5% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 2,009 shares of the oil and gas company’s stock after selling 118 shares during the quarter. Frazier Financial Advisors LLC’s holdings in Exxon Mobil were worth $212,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of the business. Fairway Wealth LLC purchased a new position in Exxon Mobil during the fourth quarter valued at approximately $31,000. Keystone Financial Group Inc. purchased a new position in shares of Exxon Mobil during the 4th quarter valued at approximately $36,000. Retirement Wealth Solutions LLC acquired a new position in shares of Exxon Mobil in the 4th quarter valued at $46,000. Compass Planning Associates Inc purchased a new stake in Exxon Mobil during the fourth quarter worth $47,000. Finally, Synergy Investment Management LLC acquired a new position in shares of Exxon Mobil in the fourth quarter worth about $47,000. 61.80% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

XOM has been the subject of a number of analyst reports. Wells Fargo & Company reduced their price target on Exxon Mobil from $136.00 to $135.00 and set an “overweight” rating for the company in a report on Monday, February 3rd. Scotiabank dropped their price target on shares of Exxon Mobil from $145.00 to $140.00 in a research note on Friday, January 31st. HSBC reduced their price objective on shares of Exxon Mobil from $125.00 to $123.00 and set a “hold” rating for the company in a research report on Friday, January 31st. The Goldman Sachs Group cut their target price on shares of Exxon Mobil from $125.00 to $123.00 and set a “neutral” rating for the company in a research note on Friday, January 31st. Finally, Royal Bank of Canada reiterated a “sector perform” rating and issued a $115.00 price objective on shares of Exxon Mobil in a report on Monday, February 3rd. 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 issued a strong buy rating to the company’s stock. Based on data from MarketBeat.com, Exxon Mobil presently has an average rating of “Moderate Buy” and a consensus target price of $129.05.

Insider Activity at Exxon Mobil

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

Exxon Mobil Stock Performance

Shares of Exxon Mobil stock opened at $117.94 on Friday. The business’s fifty day simple moving average is $110.63 and its 200-day simple moving average is $113.67. 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 firm has a market cap of $511.75 billion, a PE ratio of 15.04, a price-to-earnings-growth ratio of 3.02 and a beta of 0.83. Exxon Mobil Co. has a 52 week low of $103.67 and a 52 week high of $126.34.

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 in the previous year, the firm earned $2.48 EPS. Equities analysts forecast that Exxon Mobil Co. will post 7.43 earnings per share for the current year.

Exxon Mobil Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, March 10th. Investors of record on Wednesday, February 12th were issued a $0.99 dividend. This represents a $3.96 dividend on an annualized basis and a yield of 3.36%. The ex-dividend date of this dividend was Wednesday, February 12th. Exxon Mobil’s dividend payout ratio (DPR) is 50.51%.

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.