SYM FINANCIAL Corp Has $289,000 Holdings in Exxon Mobil Co. (NYSE:XOM)

SYM FINANCIAL Corp lowered its stake in Exxon Mobil Co. (NYSE:XOM – Get Rating) by 4.2% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 3,315 shares of the oil and gas company’s stock after selling 146 shares during the period. SYM FINANCIAL Corp’s holdings in Exxon Mobil were worth $289,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. Wilson & Boucher Capital Management LLC lifted its position in shares of Exxon Mobil by 1.8% during the 3rd quarter. Wilson & Boucher Capital Management LLC now owns 5,445 shares of the oil and gas company’s stock worth $475,000 after purchasing an additional 95 shares during the last quarter. Sather Financial Group Inc lifted its position in shares of Exxon Mobil by 2.6% during the 3rd quarter. Sather Financial Group Inc now owns 4,030 shares of the oil and gas company’s stock worth $352,000 after purchasing an additional 101 shares during the last quarter. Klingman & Associates LLC lifted its position in shares of Exxon Mobil by 0.4% during the 3rd quarter. Klingman & Associates LLC now owns 24,188 shares of the oil and gas company’s stock worth $2,112,000 after purchasing an additional 102 shares during the last quarter. Diligent Investors LLC lifted its position in shares of Exxon Mobil by 1.9% during the 3rd quarter. Diligent Investors LLC now owns 5,628 shares of the oil and gas company’s stock worth $491,000 after purchasing an additional 103 shares during the last quarter. Finally, Global Strategic Investment Solutions LLC lifted its position in shares of Exxon Mobil by 2.4% during the 3rd quarter. Global Strategic Investment Solutions LLC now owns 4,353 shares of the oil and gas company’s stock worth $380,000 after purchasing an additional 103 shares during the last quarter. Institutional investors and hedge funds own 57.49% of the company’s stock.

Exxon Mobil Stock Down 0.1 %

NYSE XOM opened at $113.15 on Friday. The firm has a market cap of $465.98 billion, a PE ratio of 9.24, a price-to-earnings-growth ratio of 0.48 and a beta of 1.11. Exxon Mobil Co. has a one year low of $69.81 and a one year high of $114.66. The stock’s 50 day simple moving average is $109.55 and its 200 day simple moving average is $99.80. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.34 and a quick ratio of 1.02.

Exxon Mobil (NYSE:XOM – Get Rating) last posted its quarterly earnings data on Friday, October 28th. The oil and gas company reported $4.45 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.88 by $0.57. Exxon Mobil had a return on equity of 29.52% and a net margin of 12.86%. The firm had revenue of $112.07 billion for the quarter, compared to the consensus estimate of $102.96 billion. During the same quarter in the prior year, the business earned $1.58 EPS. The business’s revenue for the quarter was up 51.9% compared to the same quarter last year. As a group, sell-side analysts forecast that Exxon Mobil Co. will post 13.87 earnings per share for the current fiscal year.

Exxon Mobil Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, December 9th. Shareholders of record on Tuesday, November 15th were issued a dividend of $0.91 per share. This is an increase from Exxon Mobil’s previous quarterly dividend of $0.88. The ex-dividend date was Monday, November 14th. This represents a $3.64 annualized dividend and a yield of 3.22%. Exxon Mobil’s dividend payout ratio is currently 29.71%.

Analysts Set New Price Targets

Several equities analysts have commented on XOM shares. Piper Sandler cut their price target on Exxon Mobil from $131.00 to $127.00 and set an “overweight” rating for the company in a report on Monday, December 19th. Exane BNP Paribas raised Exxon Mobil from an “underperform” rating to a “neutral” rating and set a $115.00 price target for the company in a report on Tuesday, November 1st. Wells Fargo & Company upped their price target on Exxon Mobil from $120.00 to $122.00 and gave the company an “overweight” rating in a report on Tuesday, January 10th. Credit Suisse Group upped their price target on Exxon Mobil to $130.00 in a report on Tuesday, November 1st. Finally, Barclays upped their price target on Exxon Mobil from $111.00 to $129.00 and gave the company an “overweight” rating in a report on Tuesday, January 3rd. Eight research analysts have rated the stock with a hold rating and fourteen have issued a buy rating to the company. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $113.41.

Insiders Place Their Bets

In other Exxon Mobil news, VP Darrin L. Talley sold 2,500 shares of the company’s stock in a transaction on Friday, December 9th. The stock was sold at an average price of $105.00, for a total transaction of $262,500.00. Following the transaction, the vice president now owns 34,272 shares of the company’s stock, valued at approximately $3,598,560. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Company insiders own 0.04% of the company’s stock.

Exxon Mobil Company Profile

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Exxon Mobil Corporation explores for and produces crude oil and natural gas in the United States and internationally. It operates through Upstream, Downstream, and Chemical segments. The company is also involved in the manufacture, trade, transport, and sale of crude oil, natural gas, petroleum products, petrochemicals, and other specialty products; manufactures and sells petrochemicals, including olefins, polyolefins, aromatics, and various other petrochemicals; and captures and stores carbon, hydrogen, and biofuels.