Aurora Private Wealth Inc. Sells 3,887 Shares of Exxon Mobil Corporation $XOM

Aurora Private Wealth Inc. trimmed its position in shares of Exxon Mobil Corporation (NYSE:XOM - Free Report) by 53.6% in the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 3,371 shares of the oil and gas company's stock after selling 3,887 shares during the quarter. Aurora Private Wealth Inc.'s holdings in Exxon Mobil were worth $363,000 at the end of the most recent reporting period.

A number of other large investors have also made changes to their positions in XOM. GAMMA Investing LLC raised its stake in Exxon Mobil by 20.6% in the 1st quarter. GAMMA Investing LLC now owns 79,522 shares of the oil and gas company's stock worth $9,458,000 after acquiring an additional 13,582 shares during the last quarter. Eagle Capital Management LLC grew its stake in shares of Exxon Mobil by 15.3% during the 1st quarter. Eagle Capital Management LLC now owns 2,836 shares of the oil and gas company's stock worth $337,000 after purchasing an additional 376 shares during the period. Ironwood Wealth Management LLC. purchased a new position in Exxon Mobil in the first quarter valued at $200,000. Farmers & Merchants Investments Inc. grew its holdings in Exxon Mobil by 0.5% in the first quarter. Farmers & Merchants Investments Inc. now owns 269,824 shares of the oil and gas company's stock valued at $32,090,000 after purchasing an additional 1,376 shares during the period. Finally, Southland Equity Partners LLC grew its stake in Exxon Mobil by 0.9% in the 1st quarter. Southland Equity Partners LLC now owns 17,349 shares of the oil and gas company's stock valued at $2,063,000 after acquiring an additional 150 shares during the period. 61.80% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In other news, VP Darrin L. Talley sold 2,158 shares of Exxon Mobil stock in a transaction that occurred on Friday, August 22nd. The shares were sold at an average price of $110.45, for a total transaction of $238,351.10. Following the sale, the vice president owned 13,829 shares in the company, valued at $1,527,413.05. This trade represents a 13.50% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Company insiders own 0.03% of the company's stock.

Exxon Mobil Price Performance

Exxon Mobil stock opened at $110.93 on Monday. The company has a debt-to-equity ratio of 0.12, a quick ratio of 0.88 and a current ratio of 1.25. The business has a fifty day moving average of $111.32 and a two-hundred day moving average of $109.36. Exxon Mobil Corporation has a one year low of $97.80 and a one year high of $124.26. The company has a market cap of $472.93 billion, a P/E ratio of 15.76, a price-to-earnings-growth ratio of 2.00 and a beta of 0.51.

Exxon Mobil (NYSE:XOM - Get Free Report) last posted its earnings results on Friday, June 17th. The oil and gas company reported $0.65 earnings per share for the quarter. The firm had revenue of $57.55 billion during the quarter. Exxon Mobil had a net margin of 9.17% and a return on equity of 11.34%. As a group, analysts predict that Exxon Mobil Corporation will post 7.43 earnings per share for the current fiscal year.

Exxon Mobil Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, September 10th. Stockholders of record on Friday, August 15th were paid a $0.99 dividend. This represents a $3.96 dividend on an annualized basis and a dividend yield of 3.6%. The ex-dividend date of this dividend was Friday, August 15th. Exxon Mobil's dividend payout ratio (DPR) is currently 56.25%.

Analysts Set New Price Targets

A number of equities analysts have commented on the company. Morgan Stanley increased their target price on Exxon Mobil from $134.00 to $135.00 and gave the company an "overweight" rating in a report on Monday, August 4th. TD Cowen upped their price objective on Exxon Mobil from $120.00 to $128.00 and gave the company a "buy" rating in a report on Monday, June 23rd. Piper Sandler set a $141.00 price objective on shares of Exxon Mobil in a report on Tuesday, October 7th. Melius began coverage on Exxon Mobil in a report on Wednesday, August 20th. They set a "hold" rating and a $111.00 target price for the company. Finally, Scotiabank reaffirmed an "outperform" rating on shares of Exxon Mobil in a research report on Thursday. One investment analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and ten have given a Hold rating to the stock. According to MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus price target of $125.95.

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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