Everpar Advisors LLC Sells 1,959 Shares of Exxon Mobil Co. (NYSE:XOM)

Everpar Advisors LLC lowered its stake in Exxon Mobil Co. (NYSE:XOM) by 13.4% during the 4th quarter, HoldingsChannel.com reports. The fund owned 12,633 shares of the oil and gas company’s stock after selling 1,959 shares during the quarter. Exxon Mobil makes up 0.7% of Everpar Advisors LLC’s portfolio, making the stock its 28th biggest holding. Everpar Advisors LLC’s holdings in Exxon Mobil were worth $1,359,000 at the end of the most recent reporting period.

A number of other hedge funds have also added to or reduced their stakes in the stock. Tompkins Financial Corp lifted its position in shares of Exxon Mobil by 7.9% in the 4th quarter. Tompkins Financial Corp now owns 168,820 shares of the oil and gas company’s stock worth $18,160,000 after purchasing an additional 12,417 shares during the period. Yarger Wealth Strategies LLC raised its stake in Exxon Mobil by 35.7% in the fourth quarter. Yarger Wealth Strategies LLC now owns 2,742 shares of the oil and gas company’s stock worth $295,000 after buying an additional 722 shares in the last quarter. Woodstock Corp lifted its holdings in Exxon Mobil by 0.5% in the fourth quarter. Woodstock Corp now owns 120,157 shares of the oil and gas company’s stock worth $12,925,000 after buying an additional 576 shares during the period. Goldstone Financial Group LLC bought a new stake in Exxon Mobil during the 4th quarter valued at approximately $449,000. Finally, Sterling Financial Group Inc. grew its holdings in shares of Exxon Mobil by 3.3% during the 4th quarter. Sterling Financial Group Inc. now owns 3,439 shares of the oil and gas company’s stock worth $370,000 after acquiring an additional 110 shares during the period. 61.80% of the stock is owned by hedge funds and other institutional investors.

Exxon Mobil Trading Up 0.9 %

Shares of NYSE XOM opened at $112.37 on Friday. The business has a fifty day moving average price of $112.56 and a 200 day moving average price of $115.50. Exxon Mobil Co. has a 1-year low of $95.77 and a 1-year high of $126.34. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.35 and a quick ratio of 1.01. The stock has a market capitalization of $493.89 billion, a P/E ratio of 13.99, a price-to-earnings-growth ratio of 2.70 and a beta of 0.91.

Exxon Mobil (NYSE:XOM) last released its quarterly earnings results on Friday, November 1st. The oil and gas company reported $1.92 earnings per share for the quarter, beating analysts’ consensus estimates of $1.91 by $0.01. The business had revenue of $90.02 billion for the quarter, compared to analysts’ expectations of $93.98 billion. Exxon Mobil had a net margin of 9.61% and a return on equity of 14.73%. The company’s revenue was down .8% compared to the same quarter last year. During the same period last year, the business earned $2.27 EPS. Equities research analysts expect that Exxon Mobil Co. will post 7.86 EPS for the current fiscal year.

Exxon Mobil Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, December 10th. Stockholders of record on Thursday, November 14th were given a dividend of $0.99 per share. The ex-dividend date of this dividend was Thursday, November 14th. This is an increase from Exxon Mobil’s previous quarterly dividend of $0.95. This represents a $3.96 dividend on an annualized basis and a dividend yield of 3.52%. Exxon Mobil’s dividend payout ratio is presently 49.32%.

Analyst Ratings Changes

XOM has been the subject of several research reports. Wells Fargo & Company increased their price target on shares of Exxon Mobil from $135.00 to $136.00 and gave the stock an “overweight” rating in a research note on Friday, September 27th. Truist Financial raised their target price on Exxon Mobil from $117.00 to $119.00 and gave the stock a “hold” rating in a research report on Monday, January 13th. BNP Paribas downgraded Exxon Mobil from a “neutral” rating to an “underperform” rating and set a $105.00 price objective for the company. in a research note on Wednesday, October 9th. JPMorgan Chase & Co. reduced their price objective on shares of Exxon Mobil from $130.00 to $125.00 and set an “overweight” rating on the stock in a research report on Monday, December 16th. Finally, UBS Group reduced their price target on shares of Exxon Mobil from $149.00 to $147.00 and set a “buy” rating on the stock in a research report on Thursday, December 12th. One equities research analyst has rated the stock with a sell rating, seven have issued a hold rating, ten have issued a buy rating and one has given a strong buy rating to the stock. According to MarketBeat.com, Exxon Mobil has a consensus rating of “Moderate Buy” and a consensus target price of $128.84.

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.