LRT Capital Management LLC Has $227,000 Stock Holdings in Exxon Mobil Co. (NYSE:XOM)

LRT Capital Management LLC reduced its holdings in shares of Exxon Mobil Co. (NYSE:XOM - Free Report) by 90.0% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 2,107 shares of the oil and gas company's stock after selling 19,053 shares during the period. LRT Capital Management LLC's holdings in Exxon Mobil were worth $227,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Investor s Fiduciary Advisor Network LLC acquired a new stake in shares of Exxon Mobil during the fourth quarter worth approximately $1,590,000. Jacobs Levy Equity Management Inc. increased its holdings in Exxon Mobil by 300.1% during the 4th quarter. Jacobs Levy Equity Management Inc. now owns 14,261 shares of the oil and gas company's stock valued at $1,534,000 after purchasing an additional 10,697 shares in the last quarter. Janus Henderson Group PLC raised its position in Exxon Mobil by 23.0% in the 4th quarter. Janus Henderson Group PLC now owns 709,539 shares of the oil and gas company's stock valued at $76,362,000 after purchasing an additional 132,507 shares during the last quarter. KKM Financial LLC boosted its stake in Exxon Mobil by 4.9% in the fourth quarter. KKM Financial LLC now owns 24,440 shares of the oil and gas company's stock worth $2,629,000 after purchasing an additional 1,134 shares in the last quarter. Finally, Guardian Wealth Advisors LLC NC boosted its stake in Exxon Mobil by 7.5% in the fourth quarter. Guardian Wealth Advisors LLC NC now owns 16,919 shares of the oil and gas company's stock worth $1,820,000 after purchasing an additional 1,186 shares in the last quarter. Institutional investors own 61.80% of the company's stock.

Analyst Ratings Changes

A number of analysts have recently weighed in on XOM shares. Piper Sandler lowered their target price on Exxon Mobil from $127.00 to $125.00 and set an "overweight" rating for the company in a research note on Tuesday. Wells Fargo & Company dropped their target price on shares of Exxon Mobil from $136.00 to $135.00 and set an "overweight" rating for the company in a research note on Monday, February 3rd. Royal Bank of Canada reduced their target price on shares of Exxon Mobil from $115.00 to $105.00 and set a "sector perform" rating on the stock in a research report on Monday, May 5th. BMO Capital Markets lowered their price target on shares of Exxon Mobil from $130.00 to $123.00 and set a "market perform" rating for the company in a report on Friday, January 31st. Finally, The Goldman Sachs Group reduced their price objective on Exxon Mobil from $125.00 to $123.00 and set a "neutral" rating on the stock in a report on Friday, January 31st. One investment analyst has rated the stock with a sell rating, eight have given a hold rating, eleven have assigned a buy rating and two have assigned a strong buy rating to the company. According to data from MarketBeat, Exxon Mobil currently has an average rating of "Moderate Buy" and a consensus price target of $125.50.

Exxon Mobil Trading Up 0.3%

Shares of Exxon Mobil stock traded up $0.29 during trading on Tuesday, hitting $109.45. 13,348,367 shares of the company were exchanged, compared to its average volume of 15,574,648. The company has a debt-to-equity ratio of 0.14, a current ratio of 1.31 and a quick ratio of 0.97. The firm has a market capitalization of $471.69 billion, a P/E ratio of 13.96, a price-to-earnings-growth ratio of 3.02 and a beta of 0.51. The firm's fifty day moving average price is $109.08 and its 200 day moving average price is $111.00. Exxon Mobil Co. has a 1-year low of $97.80 and a 1-year high of $126.34.

Exxon Mobil (NYSE:XOM - Get Free Report) last released its quarterly earnings data on Friday, May 2nd. The oil and gas company reported $1.76 earnings per share for the quarter, topping the consensus estimate of $1.73 by $0.03. Exxon Mobil had a net margin of 9.63% and a return on equity of 12.92%. The business had revenue of $83.13 billion for the quarter, compared to analyst estimates of $86.11 billion. During the same quarter last year, the firm earned $2.06 EPS. Exxon Mobil's quarterly revenue was up .1% compared to the same quarter last year. As a group, sell-side analysts expect that Exxon Mobil Co. will post 7.43 earnings per share for the current fiscal year.

Exxon Mobil Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, June 10th. Stockholders of record on Thursday, May 15th will be issued a $0.99 dividend. This represents a $3.96 annualized dividend and a dividend yield of 3.62%. The ex-dividend date of this dividend is Thursday, May 15th. Exxon Mobil's dividend payout ratio (DPR) is 52.52%.

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.