B.O.S.S. Retirement Advisors LLC Sells 61,021 Shares of Exxon Mobil Co. (NYSE:XOM)

B.O.S.S. Retirement Advisors LLC decreased its holdings in shares of Exxon Mobil Co. (NYSE:XOM) by 94.7% in the 4th quarter, HoldingsChannel.com reports. The fund owned 3,384 shares of the oil and gas company’s stock after selling 61,021 shares during the quarter. B.O.S.S. Retirement Advisors LLC’s holdings in Exxon Mobil were worth $364,000 at the end of the most recent quarter.

A number of other large investors also recently made changes to their positions in the stock. GSB Wealth Management LLC raised its position in shares of Exxon Mobil by 19.8% in the 4th quarter. GSB Wealth Management LLC now owns 22,165 shares of the oil and gas company’s stock valued at $2,384,000 after acquiring an additional 3,669 shares during the period. Grimes & Company Inc. increased its stake in Exxon Mobil by 10.0% in the fourth quarter. Grimes & Company Inc. now owns 77,627 shares of the oil and gas company’s stock valued at $8,350,000 after purchasing an additional 7,072 shares in the last quarter. Lantz Financial LLC raised its holdings in Exxon Mobil by 3.2% in the fourth quarter. Lantz Financial LLC now owns 22,358 shares of the oil and gas company’s stock worth $2,405,000 after purchasing an additional 691 shares during the period. Linden Thomas Advisory Services LLC boosted its position in shares of Exxon Mobil by 16.1% during the fourth quarter. Linden Thomas Advisory Services LLC now owns 20,066 shares of the oil and gas company’s stock worth $2,158,000 after purchasing an additional 2,787 shares in the last quarter. Finally, Cyndeo Wealth Partners LLC grew its holdings in shares of Exxon Mobil by 0.3% in the 4th quarter. Cyndeo Wealth Partners LLC now owns 92,196 shares of the oil and gas company’s stock valued at $9,918,000 after buying an additional 303 shares during the period. Institutional investors and hedge funds own 61.80% of the company’s stock.

Exxon Mobil Stock Up 1.4 %

NYSE:XOM opened at $110.16 on Tuesday. The firm has a market capitalization of $484.16 billion, a price-to-earnings ratio of 13.72, a price-to-earnings-growth ratio of 2.86 and a beta of 0.91. The company has a quick ratio of 1.01, a current ratio of 1.35 and a debt-to-equity ratio of 0.13. Exxon Mobil Co. has a twelve month low of $100.42 and a twelve month high of $126.34. The stock’s 50 day moving average price is $111.56 and its two-hundred day moving average price is $115.44.

Exxon Mobil (NYSE:XOM) last posted its quarterly earnings results on Friday, November 1st. The oil and gas company reported $1.92 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.91 by $0.01. Exxon Mobil had a net margin of 9.61% and a return on equity of 14.73%. The firm had revenue of $90.02 billion for the quarter, compared to analyst estimates of $93.98 billion. During the same period in the prior year, the firm posted $2.27 earnings per share. The company’s quarterly revenue was down .8% compared to the same quarter last year. Equities research analysts expect that Exxon Mobil Co. will post 7.77 earnings per share for the current fiscal year.

Exxon Mobil Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, December 10th. Investors of record on Thursday, November 14th were issued a dividend of $0.99 per share. The ex-dividend date was Thursday, November 14th. This represents a $3.96 dividend on an annualized basis and a yield of 3.59%. This is a boost from Exxon Mobil’s previous quarterly dividend of $0.95. Exxon Mobil’s dividend payout ratio (DPR) is presently 49.32%.

Wall Street Analysts Forecast Growth

Several research analysts have weighed in on the company. TD Cowen reduced their target price on Exxon Mobil from $132.00 to $128.00 and set a “buy” rating on the stock in a report on Monday, December 16th. JPMorgan Chase & Co. cut their price objective on Exxon Mobil from $130.00 to $125.00 and set an “overweight” rating on the stock in a report on Monday, December 16th. UBS Group dropped their target price on shares of Exxon Mobil from $149.00 to $147.00 and set a “buy” rating on the stock in a report on Thursday, December 12th. Truist Financial increased their price objective on shares of Exxon Mobil from $117.00 to $119.00 and gave the stock a “hold” rating in a research report on Monday, January 13th. Finally, Wolfe Research boosted their price objective on shares of Exxon Mobil from $137.00 to $138.00 in a research report on Thursday, October 31st. One investment analyst has rated the stock with a sell rating, seven have assigned a hold rating, ten have assigned a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $128.84.

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.