Bison Wealth LLC Has $2.45 Million Holdings in Exxon Mobil Co. (NYSE:XOM)

Bison Wealth LLC decreased its stake in Exxon Mobil Co. (NYSE:XOM - Free Report) by 26.7% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 22,806 shares of the oil and gas company's stock after selling 8,312 shares during the quarter. Bison Wealth LLC's holdings in Exxon Mobil were worth $2,453,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also recently added to or reduced their stakes in the company. Fairway Wealth LLC bought a new stake in Exxon Mobil in the fourth quarter valued at approximately $31,000. Keystone Financial Group Inc. acquired a new position in shares of Exxon Mobil in the 4th quarter valued at $36,000. Retirement Wealth Solutions LLC bought a new stake in shares of Exxon Mobil in the 4th quarter valued at $46,000. Compass Planning Associates Inc acquired a new stake in Exxon Mobil during the 4th quarter worth $47,000. Finally, Synergy Investment Management LLC bought a new position in Exxon Mobil during the fourth quarter worth about $47,000. Institutional investors and hedge funds own 61.80% of the company's stock.

Insiders Place Their Bets

In related news, VP Darrin L. Talley sold 2,100 shares of Exxon Mobil stock in a transaction that occurred on Tuesday, February 4th. The stock was sold at an average price of $110.00, for a total transaction of $231,000.00. Following the completion of the sale, the vice president now directly owns 18,087 shares of the company's stock, valued at approximately $1,989,570. This trade represents a 10.40 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Company insiders own 0.03% of the company's stock.

Exxon Mobil Trading Down 0.2 %

Exxon Mobil stock opened at $108.37 on Wednesday. The stock has a 50-day simple moving average of $109.64 and a 200 day simple moving average of $112.00. The stock has a market capitalization of $468.73 billion, a P/E ratio of 13.82, a PEG ratio of 3.02 and a beta of 0.61. The company has a debt-to-equity ratio of 0.14, a quick ratio of 0.97 and a current ratio of 1.31. Exxon Mobil Co. has a 52 week low of $97.80 and a 52 week high of $126.34.

Exxon Mobil (NYSE:XOM - Get Free Report) last posted its earnings results on Friday, January 31st. The oil and gas company reported $1.67 earnings per share for the quarter, missing analysts' consensus estimates of $1.77 by ($0.10). Exxon Mobil had a return on equity of 12.92% and a net margin of 9.63%. During the same period last year, the business earned $2.48 EPS. Analysts expect that Exxon Mobil Co. will post 7.43 earnings per share for the current year.

Exxon Mobil Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, March 10th. Investors of record on Wednesday, February 12th were issued a dividend of $0.99 per share. This represents a $3.96 annualized dividend and a dividend yield of 3.65%. The ex-dividend date of this dividend was Wednesday, February 12th. Exxon Mobil's payout ratio is 50.51%.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently commented on the company. Argus raised Exxon Mobil to a "strong-buy" rating in a research report on Tuesday, February 4th. Royal Bank of Canada restated a "sector perform" rating and set a $115.00 target price on shares of Exxon Mobil in a report on Monday, February 3rd. UBS Group reduced their price target on shares of Exxon Mobil from $135.00 to $131.00 and set a "buy" rating for the company in a report on Monday, April 14th. The Goldman Sachs Group lowered their price objective on shares of Exxon Mobil from $125.00 to $123.00 and set a "neutral" rating for the company in a research report on Friday, January 31st. Finally, Truist Financial boosted their price objective on shares of Exxon Mobil from $117.00 to $119.00 and gave the company a "hold" rating in a research report on Monday, January 13th. One equities research analyst has rated the stock with a sell rating, eight have assigned a hold rating, eleven have assigned a buy rating and two have issued a strong buy rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $126.50.

Exxon Mobil Profile

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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