ORG Partners LLC Trims Holdings in Exxon Mobil Corporation $XOM

ORG Partners LLC decreased its holdings in shares of Exxon Mobil Corporation (NYSE:XOM) by 22.1% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 18,479 shares of the oil and gas company’s stock after selling 5,239 shares during the period. ORG Partners LLC’s holdings in Exxon Mobil were worth $2,225,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of the business. Eagle Capital Management LLC lifted its stake in Exxon Mobil by 15.3% in the first quarter. Eagle Capital Management LLC now owns 2,836 shares of the oil and gas company’s stock worth $337,000 after acquiring an additional 376 shares during the period. Caxton Associates LLP purchased a new position in Exxon Mobil during the 1st quarter valued at $305,000. Sivia Capital Partners LLC raised its holdings in Exxon Mobil by 1.9% in the 2nd quarter. Sivia Capital Partners LLC now owns 11,237 shares of the oil and gas company’s stock worth $1,211,000 after purchasing an additional 207 shares in the last quarter. United Bank raised its holdings in Exxon Mobil by 2.8% in the 2nd quarter. United Bank now owns 21,821 shares of the oil and gas company’s stock worth $2,352,000 after purchasing an additional 600 shares in the last quarter. Finally, Schnieders Capital Management LLC. lifted its position in shares of Exxon Mobil by 17.4% in the 2nd quarter. Schnieders Capital Management LLC. now owns 36,710 shares of the oil and gas company’s stock worth $3,957,000 after purchasing an additional 5,443 shares during the period. Hedge funds and other institutional investors own 61.80% of the company’s stock.

Exxon Mobil Stock Down 0.9%

NYSE:XOM opened at $169.89 on Wednesday. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.15 and a quick ratio of 0.79. The firm’s 50-day moving average price is $150.93 and its 200-day moving average price is $129.06. The company has a market capitalization of $707.88 billion, a PE ratio of 25.39, a P/E/G ratio of 1.14 and a beta of 0.35. Exxon Mobil Corporation has a 1-year low of $97.80 and a 1-year high of $176.41.

Exxon Mobil (NYSE:XOM) last issued its quarterly earnings results on Friday, January 30th. The oil and gas company reported $1.71 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.63 by $0.08. The company had revenue of $80.04 billion during the quarter, compared to analysts’ expectations of $77.98 billion. Exxon Mobil had a net margin of 8.68% and a return on equity of 11.21%. Exxon Mobil’s revenue was down 1.3% on a year-over-year basis. During the same period last year, the company posted $1.67 EPS. On average, equities analysts predict that Exxon Mobil Corporation will post 7.43 EPS for the current fiscal year.

Exxon Mobil Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, March 10th. Stockholders of record on Thursday, February 12th were given a $1.03 dividend. This represents a $4.12 dividend on an annualized basis and a dividend yield of 2.4%. The ex-dividend date of this dividend was Thursday, February 12th. Exxon Mobil’s payout ratio is currently 61.58%.

Exxon Mobil News Summary

Here are the key news stories impacting Exxon Mobil this week:

• Positive Sentiment: Golden Pass LNG reached first production (Train 1 ~6 MTPA), bringing incremental U.S. export capacity online and supporting future LNG sales and cash flow for Exxon via the QatarEnergy JV. Exxon and QatarEnergy’s joint venture Golden Pass produces first LNG at new Texas facility
• Positive Sentiment: Management commentary and market reports indicate Exxon is benefiting from higher oil prices and supply disruption (Strait of Hormuz), putting the company on track for one of its strongest quarters — a direct tailwind for revenues and free cash flow. Exxon Mobil Is on Track for Its Best Quarter Ever
• Positive Sentiment: Exxon’s Shute Creek asset is highlighted as strategically important amid a growing helium shortage, underscoring non?oil revenue optionality and the company’s strong cash generation profile. Helium “Tsunami” to Hit Chipmakers — The Surprising Winner to Profit From the Coming Shortage
• Neutral Sentiment: Union workers at Exxon’s Baton Rouge refining and chemical complex ratified a new four?year contract, reducing near?term labor disruption risk at a major operational site. Union workers ratify contract at Exxon Louisiana complex, sources say
• Negative Sentiment: Reports (WSJ/Yahoo) say Exxon scientists flagged that its high?profile $500M algae biofuels program was underperforming while executives continued to promote it to investors — a reputational/strategic risk that could invite scrutiny and dent investor confidence. Exxon Scientists Had Doubts About Algae Biofuels. The Oil Giant Touted Them Anyway.
• Negative Sentiment: Intraday selling pressure appears linked to energy sector weakness and reports that some investors are pricing in easing geopolitical risk — profit?taking that offsets some of Exxon’s fundamental tailwinds. Exxon Mobil (XOM) Stock Dips While Market Gains: Key Facts

Insider Activity at Exxon Mobil

In related news, VP Darrin L. Talley sold 1,080 shares of the company’s stock in a transaction that occurred on Monday, March 16th. The stock was sold at an average price of $155.50, for a total value of $167,940.00. Following the sale, the vice president owned 17,124 shares in the company, valued at $2,662,782. This represents a 5.93% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Over the last quarter, insiders sold 11,460 shares of company stock valued at $1,687,854. Insiders own 0.03% of the company’s stock.

Analysts Set New Price Targets

XOM has been the topic of a number of research reports. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Exxon Mobil in a research note on Monday, December 29th. Zacks Research upgraded shares of Exxon Mobil from a “strong sell” rating to a “hold” rating in a report on Friday, January 30th. Citigroup lifted their price objective on Exxon Mobil from $118.00 to $150.00 and gave the company a “neutral” rating in a research report on Monday, March 2nd. Barclays upped their target price on Exxon Mobil from $145.00 to $163.00 and gave the stock an “overweight” rating in a report on Monday, March 16th. Finally, Jefferies Financial Group increased their target price on Exxon Mobil from $146.00 to $148.00 and gave the stock a “buy” rating in a research report on Wednesday, December 10th. One investment analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating, nine have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $151.00.

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.