Exxon Mobil Corporation $XOM Shares Sold by Aurora Private Wealth Inc.

Aurora Private Wealth Inc. reduced its holdings in Exxon Mobil Corporation (NYSE:XOM) by 53.6% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor 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 quarter.

Other institutional investors have also recently bought and sold shares of the company. GAMMA Investing LLC grew its stake in shares of 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 valued at $9,458,000 after buying an additional 13,582 shares in the last quarter. Eagle Capital Management LLC boosted its position in Exxon Mobil by 15.3% during the first 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. acquired a new position in shares of Exxon Mobil during the first quarter worth approximately $200,000. Farmers & Merchants Investments Inc. lifted its holdings in shares of Exxon Mobil by 0.5% during the first quarter. Farmers & Merchants Investments Inc. now owns 269,824 shares of the oil and gas company’s stock worth $32,090,000 after buying an additional 1,376 shares during the last quarter. Finally, Southland Equity Partners LLC lifted its holdings in shares of Exxon Mobil by 0.9% during the first quarter. Southland Equity Partners LLC now owns 17,349 shares of the oil and gas company’s stock worth $2,063,000 after buying an additional 150 shares during the last quarter. Hedge funds and other institutional investors own 61.80% of the company’s stock.

Insider Buying and Selling at Exxon Mobil

In other news, VP Darrin L. Talley sold 2,158 shares of Exxon Mobil stock in a transaction dated Friday, August 22nd. The stock was sold at an average price of $110.45, for a total value of $238,351.10. Following the completion of the transaction, the vice president directly owned 13,829 shares of the company’s stock, valued at approximately $1,527,413.05. This trade represents a 13.50% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Company insiders own 0.03% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts recently commented on the company. Piper Sandler set a $141.00 target price on Exxon Mobil in a research report on Tuesday, October 7th. Barclays dropped their price objective on Exxon Mobil from $127.00 to $126.00 and set an “overweight” rating for the company in a research note on Tuesday, October 7th. Bank of America raised their target price on Exxon Mobil from $113.00 to $120.00 and gave the company a “neutral” rating in a research note on Wednesday, September 10th. UBS Group raised their target price on Exxon Mobil from $130.00 to $143.00 and gave the company a “buy” rating in a research note on Wednesday, August 20th. Finally, Wall Street Zen upgraded Exxon Mobil from a “sell” rating to a “hold” rating in a research note on Saturday, September 13th. One analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and ten have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $125.95.

Exxon Mobil Trading Down 1.8%

Exxon Mobil stock opened at $110.93 on Monday. The stock has a 50-day simple moving average of $111.32 and a 200 day simple moving average of $109.36. Exxon Mobil Corporation has a 52 week low of $97.80 and a 52 week high of $124.26. The stock has a market capitalization of $472.93 billion, a P/E ratio of 15.76, a PEG ratio of 2.00 and a beta of 0.51. The company has a debt-to-equity ratio of 0.12, a quick ratio of 0.88 and a current ratio of 1.25.

Exxon Mobil (NYSE:XOM) last issued its quarterly earnings data on Friday, June 17th. The oil and gas company reported $0.65 earnings per share (EPS) for the quarter. The company had revenue of $57.55 billion during the quarter. Exxon Mobil had a return on equity of 11.34% and a net margin of 9.17%. Analysts expect that Exxon Mobil Corporation 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 Wednesday, September 10th. Investors of record on Friday, August 15th were given a dividend of $0.99 per share. This represents a $3.96 annualized dividend and a 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%.

About Exxon Mobil

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.