Edgehill Endowment Partners LLC Has $4.10 Million Holdings in Exxon Mobil Co. (NYSE:XOM)

Edgehill Endowment Partners LLC cut its position in shares of Exxon Mobil Co. (NYSE:XOMFree Report) by 11.1% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 40,975 shares of the oil and gas company’s stock after selling 5,100 shares during the quarter. Exxon Mobil makes up about 0.6% of Edgehill Endowment Partners LLC’s holdings, making the stock its 6th biggest position. Edgehill Endowment Partners LLC’s holdings in Exxon Mobil were worth $4,097,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in XOM. Partnership Wealth Management LLC purchased a new stake in Exxon Mobil during the 4th quarter valued at $46,000. Keener Financial Planning LLC bought a new stake in shares of Exxon Mobil in the fourth quarter worth approximately $80,000. Orion Capital Management LLC bought a new stake in shares of Exxon Mobil during the 3rd quarter valued at $91,000. Authentikos Wealth Advisory LLC bought a new position in Exxon Mobil in the 3rd quarter worth $92,000. Finally, TFO Wealth Partners LLC lifted its position in shares of Exxon Mobil by 118.5% in the third quarter. TFO Wealth Partners LLC now owns 968 shares of the oil and gas company’s stock valued at $104,000 after acquiring an additional 525 shares in the last quarter. 61.80% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity at Exxon Mobil

In other news, VP Darrin L. Talley sold 2,426 shares of the business’s stock in a transaction on Monday, April 29th. The shares were sold at an average price of $119.01, for a total value of $288,718.26. Following the sale, the vice president now owns 25,363 shares of the company’s stock, valued at $3,018,450.63. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. In other news, VP Darrin L. Talley sold 2,400 shares of the company’s stock in a transaction that occurred on Thursday, February 22nd. The stock was sold at an average price of $105.00, for a total value of $252,000.00. Following the completion of the transaction, the vice president now owns 30,189 shares of the company’s stock, valued at $3,169,845. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, VP Darrin L. Talley sold 2,426 shares of the company’s stock in a transaction that occurred on Monday, April 29th. The shares were sold at an average price of $119.01, for a total value of $288,718.26. Following the completion of the transaction, the vice president now directly owns 25,363 shares of the company’s stock, valued at approximately $3,018,450.63. The disclosure for this sale can be found here. 0.03% of the stock is currently owned by corporate insiders.

Exxon Mobil Price Performance

Shares of XOM stock traded down $0.82 during mid-day trading on Tuesday, reaching $117.85. The company’s stock had a trading volume of 14,432,008 shares, compared to its average volume of 18,439,299. Exxon Mobil Co. has a 1-year low of $95.77 and a 1-year high of $123.75. The company has a market cap of $464.68 billion, a P/E ratio of 14.58, a PEG ratio of 4.17 and a beta of 0.96. The company has a debt-to-equity ratio of 0.15, a quick ratio of 1.06 and a current ratio of 1.38. The firm’s 50-day moving average is $117.28 and its two-hundred day moving average is $107.64.

Exxon Mobil (NYSE:XOMGet Free Report) last posted its earnings results on Friday, April 26th. The oil and gas company reported $2.06 earnings per share for the quarter, missing the consensus estimate of $2.19 by ($0.13). Exxon Mobil had a return on equity of 16.75% and a net margin of 9.62%. The firm had revenue of $83.08 billion during the quarter, compared to the consensus estimate of $79.69 billion. During the same period in the previous year, the company posted $2.83 EPS. The firm’s revenue for the quarter was down 4.0% compared to the same quarter last year. On average, research analysts predict that Exxon Mobil Co. will post 9.57 earnings per share for the current year.

Exxon Mobil Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, June 10th. Investors of record on Wednesday, May 15th will be given a $0.95 dividend. The ex-dividend date is Tuesday, May 14th. This represents a $3.80 dividend on an annualized basis and a dividend yield of 3.22%. Exxon Mobil’s dividend payout ratio is 46.57%.

Analyst Upgrades and Downgrades

XOM has been the subject of a number of analyst reports. TD Cowen upped their target price on Exxon Mobil from $128.00 to $135.00 and gave the stock a “buy” rating in a report on Tuesday, April 30th. Piper Sandler increased their price target on Exxon Mobil from $130.00 to $145.00 and gave the stock an “overweight” rating in a research report on Thursday, April 18th. HSBC lifted their price objective on Exxon Mobil from $111.00 to $120.00 and gave the stock a “hold” rating in a report on Tuesday, April 30th. Mizuho boosted their target price on Exxon Mobil from $125.00 to $128.00 and gave the stock a “neutral” rating in a report on Monday, May 13th. Finally, Morgan Stanley reaffirmed an “overweight” rating and set a $145.00 price target on shares of Exxon Mobil in a research report on Wednesday, May 15th. Eight analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $135.00.

Check Out Our Latest Stock Analysis on XOM

About Exxon Mobil

(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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