Buffington Mohr McNeal Has $750,000 Stock Position in Exxon Mobil Co. (NYSE:XOM)

Buffington Mohr McNeal reduced its holdings in Exxon Mobil Co. (NYSE:XOMFree Report) by 13.2% in the first quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 6,456 shares of the oil and gas company’s stock after selling 980 shares during the quarter. Buffington Mohr McNeal’s holdings in Exxon Mobil were worth $750,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Partnership Wealth Management LLC bought a new position in shares of Exxon Mobil during the 4th quarter worth approximately $46,000. Vima LLC bought a new position in shares of Exxon Mobil during the 4th quarter worth approximately $50,000. Keener Financial Planning LLC bought a new position in shares of Exxon Mobil during the 4th quarter worth approximately $80,000. Neo Ivy Capital Management bought a new position in shares of Exxon Mobil during the 4th quarter worth approximately $80,000. Finally, Orion Capital Management LLC bought a new position in shares of Exxon Mobil during the 3rd quarter worth approximately $91,000. 61.80% of the stock is currently owned by institutional investors.

Insider Transactions at Exxon Mobil

In other news, VP Darrin L. Talley sold 2,426 shares of the stock in a transaction on Monday, April 29th. The stock was sold at an average price of $119.01, for a total transaction of $288,718.26. Following the completion of the transaction, the vice president now owns 25,363 shares in the company, valued at approximately $3,018,450.63. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 0.03% of the stock is owned by corporate insiders.

Exxon Mobil Stock Up 0.6 %

Shares of NYSE:XOM opened at $114.81 on Thursday. The company has a market capitalization of $452.70 billion, a PE ratio of 14.07, a price-to-earnings-growth ratio of 4.14 and a beta of 0.91. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.38 and a quick ratio of 1.06. The business has a fifty day moving average price of $115.00 and a two-hundred day moving average price of $109.91. Exxon Mobil Co. has a 1 year low of $95.77 and a 1 year 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). The business had revenue of $83.08 billion during the quarter, compared to the consensus estimate of $79.69 billion. Exxon Mobil had a net margin of 9.62% and a return on equity of 16.75%. The firm’s revenue for the quarter was down 4.0% compared to the same quarter last year. During the same quarter last year, the company earned $2.83 EPS. Analysts forecast that Exxon Mobil Co. will post 9.28 earnings per share for the current year.

Exxon Mobil Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, June 10th. Stockholders of record on Wednesday, May 15th were paid a dividend of $0.95 per share. The ex-dividend date was Tuesday, May 14th. This represents a $3.80 annualized dividend and a dividend yield of 3.31%. Exxon Mobil’s payout ratio is 46.57%.

Analyst Upgrades and Downgrades

A number of research firms have issued reports on XOM. Barclays began coverage on Exxon Mobil in a report on Wednesday, April 10th. They set an “overweight” rating and a $147.00 price target on the stock. Morgan Stanley reaffirmed an “overweight” rating and set a $145.00 target price on shares of Exxon Mobil in a research report on Wednesday, May 15th. Truist Financial reaffirmed a “hold” rating and set a $124.00 target price (down from $146.00) on shares of Exxon Mobil in a research report on Friday, June 7th. Scotiabank upped their target price on Exxon Mobil from $114.00 to $129.00 and gave the stock a “sector perform” rating in a research report on Thursday, April 11th. Finally, Mizuho upped their target price on Exxon Mobil from $125.00 to $128.00 and gave the stock a “neutral” rating in a research report on Monday, May 13th. Nine investment analysts have rated the stock with a hold rating and ten have given a buy rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $133.82.

Get Our Latest Stock Report on Exxon Mobil

Exxon Mobil Company 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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