Exxon Mobil Corporation $XOM is Vista Investment Partners LLC’s 3rd Largest Position

Vista Investment Partners LLC lowered its holdings in Exxon Mobil Corporation (NYSE:XOM) by 5.0% in the 3rd quarter, according to the company in its most recent filing with the SEC. The firm owned 97,861 shares of the oil and gas company’s stock after selling 5,150 shares during the quarter. Exxon Mobil makes up about 3.1% of Vista Investment Partners LLC’s investment portfolio, making the stock its 3rd largest holding. Vista Investment Partners LLC’s holdings in Exxon Mobil were worth $11,034,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also bought and sold shares of the company. Linscomb Wealth Inc. raised its stake in Exxon Mobil by 1.4% during the 2nd quarter. Linscomb Wealth Inc. now owns 389,769 shares of the oil and gas company’s stock worth $42,017,000 after acquiring an additional 5,527 shares during the period. Jones Financial Companies Lllp boosted its position in shares of Exxon Mobil by 52.3% during the first quarter. Jones Financial Companies Lllp now owns 382,989 shares of the oil and gas company’s stock worth $45,149,000 after acquiring an additional 131,600 shares during the last quarter. U.S. Capital Wealth Advisors LLC grew its position in shares of Exxon Mobil by 3.3% during the third quarter. U.S. Capital Wealth Advisors LLC now owns 306,658 shares of the oil and gas company’s stock valued at $34,576,000 after purchasing an additional 9,831 shares in the last quarter. Capital Counsel LLC NY boosted its stake in Exxon Mobil by 0.9% during the second quarter. Capital Counsel LLC NY now owns 49,687 shares of the oil and gas company’s stock valued at $5,356,000 after buying an additional 460 shares during the last quarter. Finally, OneAscent Wealth Management LLC grew its holdings in shares of Exxon Mobil by 116.7% in the second quarter. OneAscent Wealth Management LLC now owns 7,657 shares of the oil and gas company’s stock valued at $825,000 after purchasing an additional 4,123 shares in the last quarter. 61.80% of the stock is currently owned by hedge funds and other institutional investors.

Insider Transactions at Exxon Mobil

In related news, VP Darrin L. Talley sold 3,000 shares of the business’s stock in a transaction that occurred on Wednesday, December 17th. The stock was sold at an average price of $117.19, for a total transaction of $351,570.00. Following the completion of the sale, the vice president owned 28,584 shares in the company, valued at $3,349,758.96. The trade was a 9.50% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 0.03% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

XOM has been the topic of several recent analyst reports. TD Cowen upped their target price on Exxon Mobil from $128.00 to $135.00 and gave the company a “buy” rating in a research note on Friday, December 12th. Barclays cut their target price on shares of Exxon Mobil from $127.00 to $126.00 and set an “overweight” rating on the stock in a research report on Tuesday, October 7th. Citigroup raised their price objective on Exxon Mobil from $115.00 to $118.00 and gave the company a “neutral” rating in a research report on Wednesday, December 10th. Mizuho raised their target price on shares of Exxon Mobil from $129.00 to $132.00 and gave the company a “neutral” rating in a research note on Friday, December 12th. Finally, Wall Street Zen upgraded Exxon Mobil from a “sell” rating to a “hold” rating in a research note on Saturday, September 13th. One research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and thirteen have given a Hold rating to the company’s stock. Based on data from MarketBeat, Exxon Mobil has an average rating of “Moderate Buy” and an average target price of $129.45.

Exxon Mobil Price Performance

Shares of NYSE XOM opened at $119.09 on Monday. The company has a quick ratio of 0.79, a current ratio of 1.14 and a debt-to-equity ratio of 0.12. The firm has a 50-day simple moving average of $116.65 and a 200-day simple moving average of $113.25. The stock has a market capitalization of $502.20 billion, a price-to-earnings ratio of 17.31, a price-to-earnings-growth ratio of 7.49 and a beta of 0.38. Exxon Mobil Corporation has a 52 week low of $97.80 and a 52 week high of $120.81.

Exxon Mobil (NYSE:XOM) last released its quarterly earnings results on Friday, June 17th. The oil and gas company reported $0.65 EPS for the quarter. The firm had revenue of $57.55 billion for the quarter. Exxon Mobil had a net margin of 8.99% and a return on equity of 11.22%. On average, equities analysts predict that Exxon Mobil Corporation will post 7.43 earnings per share for the current fiscal year.

Exxon Mobil Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, December 10th. Investors of record on Friday, November 14th were issued a $1.03 dividend. This represents a $4.12 dividend on an annualized basis and a yield of 3.5%. This is a boost from Exxon Mobil’s previous quarterly dividend of $0.99. The ex-dividend date was Friday, November 14th. Exxon Mobil’s dividend payout ratio (DPR) is 59.88%.

Exxon Mobil Company Profile

Exxon Mobil 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.