Bouchey Financial Group Ltd Sells 1,656 Shares of Exxon Mobil Co. (NYSE:XOM)

Bouchey Financial Group Ltd reduced its stake in Exxon Mobil Co. (NYSE:XOM) by 26.7% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 4,544 shares of the oil and gas company’s stock after selling 1,656 shares during the quarter. Bouchey Financial Group Ltd’s holdings in Exxon Mobil were worth $454,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also modified their holdings of XOM. KB Financial Partners LLC bought a new stake in shares of Exxon Mobil during the first quarter worth about $27,000. IMA Wealth Inc. raised its stake in shares of Exxon Mobil by 720.0% during the second quarter. IMA Wealth Inc. now owns 369 shares of the oil and gas company’s stock valued at $40,000 after acquiring an additional 324 shares during the last quarter. FWL Investment Management LLC acquired a new stake in Exxon Mobil in the fourth quarter valued at $43,000. Turim 21 Investimentos Ltda. increased its holdings in Exxon Mobil by 222.5% in the first quarter. Turim 21 Investimentos Ltda. now owns 574 shares of the oil and gas company’s stock valued at $47,000 after purchasing an additional 396 shares during the period. Finally, DHJJ Financial Advisors Ltd. acquired a new stake in Exxon Mobil in the third quarter valued at $49,000. 61.80% of the stock is currently owned by institutional investors and hedge funds.

Exxon Mobil Price Performance

XOM traded up $1.19 during trading on Thursday, hitting $116.16. 8,795,014 shares of the company traded hands, compared to its average volume of 18,321,352. The company has a market cap of $460.90 billion, a PE ratio of 12.99, a P/E/G ratio of 4.17 and a beta of 0.96. The stock’s 50-day simple moving average is $104.98 and its two-hundred day simple moving average is $105.89. Exxon Mobil Co. has a 1 year low of $95.77 and a 1 year high of $120.70. The company has a current ratio of 1.48, a quick ratio of 1.09 and a debt-to-equity ratio of 0.18.

Exxon Mobil (NYSE:XOM) last released its quarterly earnings results on Friday, February 2nd. The oil and gas company reported $2.48 EPS for the quarter, topping analysts’ consensus estimates of $2.20 by $0.28. Exxon Mobil had a net margin of 10.45% and a return on equity of 18.51%. The firm had revenue of $84.34 billion during the quarter, compared to analysts’ expectations of $90.03 billion. During the same period in the previous year, the company earned $3.40 EPS. The firm’s revenue for the quarter was down 11.6% compared to the same quarter last year. As a group, sell-side analysts anticipate that Exxon Mobil Co. will post 9.11 earnings per share for the current fiscal year.

Exxon Mobil Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, March 11th. Investors of record on Wednesday, February 14th were paid a dividend of $0.95 per share. The ex-dividend date was Tuesday, February 13th. This represents a $3.80 annualized dividend and a dividend yield of 3.27%. Exxon Mobil’s dividend payout ratio (DPR) is presently 42.74%.

Analysts Set New Price Targets

A number of equities analysts have recently issued reports on XOM shares. Royal Bank of Canada reaffirmed a “sector perform” rating and issued a $120.00 price target on shares of Exxon Mobil in a research report on Monday, February 5th. TD Cowen raised shares of Exxon Mobil from a “market perform” rating to an “outperform” rating and set a $115.00 target price on the stock in a research report on Tuesday, January 23rd. Piper Sandler dropped their target price on shares of Exxon Mobil from $142.00 to $130.00 and set an “overweight” rating on the stock in a research report on Thursday, March 14th. UBS Group dropped their target price on shares of Exxon Mobil from $133.00 to $132.00 and set a “buy” rating on the stock in a research report on Tuesday, January 23rd. Finally, Erste Group Bank reissued a “hold” rating on shares of Exxon Mobil in a research report on Friday, December 22nd. Nine investment analysts have rated the stock with a hold rating and ten have given a buy rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $128.18.

Insider Buying and Selling

In related news, VP Darrin L. Talley sold 2,400 shares of the business’s stock in a transaction on Thursday, February 22nd. The shares were 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 directly owns 30,189 shares in the company, valued at approximately $3,169,845. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. 0.06% of the stock is currently owned by company insiders.

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.