Exxon Mobil Co. (NYSE:XOM) Shares Sold by Paragon Capital Management Ltd

Paragon Capital Management Ltd lessened its holdings in Exxon Mobil Co. (NYSE:XOMFree Report) by 7.3% in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 3,389 shares of the oil and gas company’s stock after selling 266 shares during the period. Paragon Capital Management Ltd’s holdings in Exxon Mobil were worth $394,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently bought and sold shares of the company. O Keefe Stevens Advisory Inc. raised its holdings in Exxon Mobil by 5.5% in the 1st quarter. O Keefe Stevens Advisory Inc. now owns 22,211 shares of the oil and gas company’s stock valued at $2,582,000 after acquiring an additional 1,162 shares in the last quarter. International Assets Investment Management LLC increased its position in Exxon Mobil by 73.1% in the 1st quarter. International Assets Investment Management LLC now owns 85,152 shares of the oil and gas company’s stock valued at $9,898,000 after acquiring an additional 35,965 shares in the last quarter. Douglas Lane & Associates LLC raised its position in Exxon Mobil by 2.8% in the 1st quarter. Douglas Lane & Associates LLC now owns 28,506 shares of the oil and gas company’s stock worth $3,313,000 after purchasing an additional 784 shares during the last quarter. &PARTNERS raised its holdings in Exxon Mobil by 11.4% during the 1st quarter. &PARTNERS now owns 43,199 shares of the oil and gas company’s stock worth $5,021,000 after purchasing an additional 4,407 shares during the last quarter. Finally, Matthew Goff Investment Advisor LLC raised its stake in shares of Exxon Mobil by 2.9% during the first quarter. Matthew Goff Investment Advisor LLC now owns 23,107 shares of the oil and gas company’s stock worth $2,686,000 after buying an additional 659 shares during the last quarter. Hedge funds and other institutional investors own 61.80% of the company’s stock.

Analyst Ratings Changes

Several research analysts have weighed in on the company. Truist Financial reiterated a “hold” rating and set a $124.00 target price (down from $146.00) on shares of Exxon Mobil in a report on Friday, June 7th. HSBC lifted their price target on Exxon Mobil from $111.00 to $120.00 and gave the stock a “hold” rating in a report on Tuesday, April 30th. Piper Sandler increased their price target on shares of Exxon Mobil from $130.00 to $145.00 and gave the stock an “overweight” rating in a research report on Thursday, April 18th. Wells Fargo & Company upped their price target on Exxon Mobil from $138.00 to $142.00 and gave the company an “overweight” rating in a research report on Tuesday, April 30th. Finally, UBS Group lifted their price objective on Exxon Mobil from $150.00 to $152.00 and gave the stock a “buy” rating in a research report on Tuesday, May 7th. Nine research analysts have rated the stock with a hold rating and ten have issued a buy rating to the company’s stock. According to MarketBeat.com, Exxon Mobil has an average rating of “Moderate Buy” and a consensus target price of $133.71.

Read Our Latest Stock Report on XOM

Exxon Mobil Price Performance

Shares of NYSE XOM traded down $0.98 during trading on Friday, hitting $110.76. The company had a trading volume of 52,220,574 shares, compared to its average volume of 14,478,490. The stock has a fifty day simple moving average of $115.70 and a two-hundred day simple moving average of $109.10. The company has a quick ratio of 1.06, a current ratio of 1.38 and a debt-to-equity ratio of 0.15. The firm has a market capitalization of $436.73 billion, a price-to-earnings ratio of 13.57, a price-to-earnings-growth ratio of 3.98 and a beta of 0.92. Exxon Mobil Co. has a fifty-two week low of $95.77 and a fifty-two week high of $123.75.

Exxon Mobil (NYSE:XOMGet Free Report) last announced its quarterly earnings data on Friday, April 26th. The oil and gas company reported $2.06 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates 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 during the quarter, compared to analysts’ expectations of $79.69 billion. During the same period in the prior year, the company posted $2.83 EPS. The company’s revenue for the quarter was down 4.0% compared to the same quarter last year. On average, research analysts expect that Exxon Mobil Co. will post 9.36 earnings per share for the current year.

Exxon Mobil Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, June 10th. Investors of record on Wednesday, May 15th were given a $0.95 dividend. The ex-dividend date of this dividend was Tuesday, May 14th. This represents a $3.80 dividend on an annualized basis and a yield of 3.43%. Exxon Mobil’s dividend payout ratio (DPR) is presently 46.57%.

Insider Activity at Exxon Mobil

In other news, VP Darrin L. Talley sold 2,426 shares of the company’s stock in a transaction on Monday, April 29th. The shares were sold at an average price of $119.01, for a total transaction of $288,718.26. Following the transaction, the vice president now directly owns 25,363 shares of the company’s stock, valued at approximately $3,018,450.63. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Insiders own 0.03% of the company’s stock.

Exxon Mobil Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Exxon Mobil (NYSE:XOM)

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