Journey Advisory Group LLC Sells 3,520 Shares of ExxonMobil Corporation $XOM

Journey Advisory Group LLC cut its stake in ExxonMobil Corporation (NYSE:XOMFree Report) by 6.8% in the fourth quarter, Holdings Channel reports. The institutional investor owned 48,274 shares of the oil and gas company’s stock after selling 3,520 shares during the period. Journey Advisory Group LLC’s holdings in ExxonMobil were worth $5,797,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of the stock. Arcataur Capital Management LLC lifted its position in ExxonMobil by 6.0% in the fourth quarter. Arcataur Capital Management LLC now owns 5,091 shares of the oil and gas company’s stock worth $613,000 after buying an additional 290 shares during the last quarter. Prasad Wealth Partners LLC lifted its position in ExxonMobil by 66.5% in the fourth quarter. Prasad Wealth Partners LLC now owns 4,410 shares of the oil and gas company’s stock worth $531,000 after buying an additional 1,761 shares during the last quarter. TD Waterhouse Canada Inc. lifted its position in ExxonMobil by 0.7% in the fourth quarter. TD Waterhouse Canada Inc. now owns 211,550 shares of the oil and gas company’s stock worth $25,454,000 after buying an additional 1,445 shares during the last quarter. Phil A. Younker & Associates Ltd. lifted its position in ExxonMobil by 14.1% in the fourth quarter. Phil A. Younker & Associates Ltd. now owns 5,167 shares of the oil and gas company’s stock worth $622,000 after buying an additional 640 shares during the last quarter. Finally, Revisor Wealth Management LLC lifted its position in ExxonMobil by 42.1% in the fourth quarter. Revisor Wealth Management LLC now owns 20,043 shares of the oil and gas company’s stock worth $2,585,000 after buying an additional 5,934 shares during the last quarter. 61.80% of the stock is currently owned by institutional investors.

Trending Headlines about ExxonMobil

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Insider Transactions at ExxonMobil

In other ExxonMobil news, VP Darrin L. Talley sold 5,000 shares of ExxonMobil stock in a transaction dated Monday, February 2nd. The stock was sold at an average price of $139.75, for a total value of $698,750.00. Following the transaction, the vice president owned 23,584 shares in the company, valued at $3,295,864. The trade was a 17.49% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Insiders sold a total of 11,460 shares of company stock valued at $1,687,854 in the last 90 days. 0.03% of the stock is owned by insiders.

ExxonMobil Stock Performance

Shares of ExxonMobil stock opened at $149.46 on Thursday. The firm has a market cap of $621.24 billion, a P/E ratio of 22.34, a P/E/G ratio of 0.75 and a beta of 0.29. The company has a current ratio of 1.15, a quick ratio of 0.79 and a debt-to-equity ratio of 0.13. ExxonMobil Corporation has a 12 month low of $101.18 and a 12 month high of $176.41. The stock’s fifty day moving average price is $154.73 and its 200-day moving average price is $133.49.

ExxonMobil (NYSE:XOMGet Free Report) last announced its quarterly earnings results on Friday, January 30th. The oil and gas company reported $1.71 EPS for the quarter, beating the consensus estimate of $1.63 by $0.08. The firm had revenue of $80.04 billion for the quarter, compared to analyst estimates of $77.98 billion. ExxonMobil had a return on equity of 11.21% and a net margin of 8.68%.The business’s revenue for the quarter was down 1.3% on a year-over-year basis. During the same quarter last year, the firm posted $1.67 earnings per share. On average, equities research analysts expect that ExxonMobil Corporation will post 9.94 earnings per share for the current fiscal year.

ExxonMobil Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, March 10th. Shareholders of record on Thursday, February 12th were paid a $1.03 dividend. This represents a $4.12 annualized dividend and a yield of 2.8%. The ex-dividend date was Thursday, February 12th. ExxonMobil’s payout ratio is 61.58%.

Wall Street Analysts Forecast Growth

A number of brokerages recently issued reports on XOM. BMO Capital Markets restated a “market perform” rating and issued a $155.00 price target on shares of ExxonMobil in a research report on Wednesday, February 4th. TD Cowen reduced their target price on ExxonMobil from $175.00 to $172.00 and set a “buy” rating on the stock in a research note on Friday, April 10th. UBS Group reiterated a “buy” rating and issued a $171.00 target price on shares of ExxonMobil in a research note on Monday, February 2nd. Bank of America increased their target price on ExxonMobil from $135.00 to $151.00 and gave the stock a “neutral” rating in a research note on Monday, March 2nd. Finally, Wells Fargo & Company increased their target price on ExxonMobil from $183.00 to $185.00 and gave the stock an “overweight” rating in a research note on Thursday, April 9th. Ten equities research analysts have rated the stock with a Buy rating and eleven have issued a Hold rating to the stock. According to MarketBeat, ExxonMobil presently has an average rating of “Hold” and an average price target of $161.55.

Check Out Our Latest Stock Report on XOM

ExxonMobil Profile

(Free Report)

ExxonMobil Corporation (NYSE: XOM) is an integrated oil and gas company engaged in the exploration, production, refining, distribution and marketing of petroleum products and the manufacture and sale of petrochemicals. Its operations span the full energy value chain, including upstream exploration and development of crude oil and natural gas; midstream transportation and storage; and downstream refining, product distribution and retail. The company also produces a broad range of chemical products for industrial and consumer applications.

ExxonMobil markets fuels and lubricants under well-known brands such as Exxon, Mobil and Esso, and its Mobil 1 motor oil is a prominent consumer product.

See Also

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Institutional Ownership by Quarter for ExxonMobil (NYSE:XOM)

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