Vista Investment Partners LLC Sells 5,150 Shares of Exxon Mobil Corporation $XOM

Vista Investment Partners LLC reduced its position in Exxon Mobil Corporation (NYSE:XOM) by 5.0% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 97,861 shares of the oil and gas company’s stock after selling 5,150 shares during the quarter. Exxon Mobil comprises about 3.1% of Vista Investment Partners LLC’s investment portfolio, making the stock its 3rd biggest position. Vista Investment Partners LLC’s holdings in Exxon Mobil were worth $11,034,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Linscomb Wealth Inc. boosted its stake in shares of Exxon Mobil by 1.4% in the second quarter. Linscomb Wealth Inc. now owns 389,769 shares of the oil and gas company’s stock valued at $42,017,000 after purchasing an additional 5,527 shares during the period. Jones Financial Companies Lllp grew its stake in Exxon Mobil by 52.3% in the first quarter. Jones Financial Companies Lllp now owns 382,989 shares of the oil and gas company’s stock worth $45,149,000 after purchasing an additional 131,600 shares in the last quarter. U.S. Capital Wealth Advisors LLC increased its holdings in shares of Exxon Mobil by 3.3% in the 3rd quarter. U.S. Capital Wealth Advisors LLC now owns 306,658 shares of the oil and gas company’s stock valued at $34,576,000 after acquiring an additional 9,831 shares during the last quarter. Capital Counsel LLC NY increased its stake in Exxon Mobil by 0.9% during the second quarter. Capital Counsel LLC NY now owns 49,687 shares of the oil and gas company’s stock valued at $5,356,000 after purchasing an additional 460 shares during the last quarter. Finally, OneAscent Wealth Management LLC raised its position in shares of Exxon Mobil by 116.7% during the 2nd quarter. OneAscent Wealth Management LLC now owns 7,657 shares of the oil and gas company’s stock worth $825,000 after purchasing an additional 4,123 shares during the period. 61.80% of the stock is owned by institutional investors and hedge funds.

Exxon Mobil Stock Down 0.1%

NYSE XOM opened at $119.09 on Monday. The stock has a market capitalization of $502.20 billion, a P/E ratio of 17.31, a price-to-earnings-growth ratio of 7.49 and a beta of 0.38. Exxon Mobil Corporation has a 52 week low of $97.80 and a 52 week high of $120.81. The company has a debt-to-equity ratio of 0.12, a quick ratio of 0.79 and a current ratio of 1.14. The stock has a fifty day moving average of $116.65 and a 200-day moving average of $113.25.

Exxon Mobil (NYSE:XOM) last posted its quarterly earnings results on Friday, June 17th. The oil and gas company reported $0.65 earnings per share for the quarter. The company had revenue of $57.55 billion for the quarter. Exxon Mobil had a return on equity of 11.22% and a net margin of 8.99%. On average, equities research analysts forecast that Exxon Mobil Corporation will post 7.43 EPS for the current year.

Exxon Mobil Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, December 10th. Stockholders of record on Friday, November 14th were issued a $1.03 dividend. This represents a $4.12 dividend on an annualized basis and a dividend yield of 3.5%. This is a positive change from Exxon Mobil’s previous quarterly dividend of $0.99. The ex-dividend date was Friday, November 14th. Exxon Mobil’s dividend payout ratio is presently 59.88%.

Insiders Place Their Bets

In related news, VP Darrin L. Talley sold 3,000 shares of the stock in a transaction on Wednesday, December 17th. The shares were sold at an average price of $117.19, for a total transaction of $351,570.00. Following the completion of the transaction, the vice president owned 28,584 shares in the company, valued at approximately $3,349,758.96. This represents a 9.50% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 0.03% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

A number of analysts have recently commented on the company. Citigroup boosted their price objective on Exxon Mobil from $115.00 to $118.00 and gave the stock a “neutral” rating in a research note on Wednesday, December 10th. TD Cowen increased their target price on shares of Exxon Mobil from $128.00 to $135.00 and gave the stock a “buy” rating in a research report on Friday, December 12th. Cowen reiterated a “buy” rating on shares of Exxon Mobil in a research note on Friday, December 12th. Wall Street Zen upgraded shares of Exxon Mobil from a “sell” rating to a “hold” rating in a research report on Saturday, September 13th. Finally, Scotiabank reissued an “outperform” rating on shares of Exxon Mobil in a report on Monday, November 3rd. One investment analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and thirteen have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $129.45.

Exxon Mobil Company Profile

Exxon Mobil Corporation (NYSE: XOM) is an integrated oil and gas company engaged in the exploration, production, refining, distribution and marketing of petroleum products and the manufacture and sale of petrochemicals. Its operations span the full energy value chain, including upstream exploration and development of crude oil and natural gas; midstream transportation and storage; and downstream refining, product distribution and retail. The company also produces a broad range of chemical products for industrial and consumer applications.

ExxonMobil markets fuels and lubricants under well-known brands such as Exxon, Mobil and Esso, and its Mobil 1 motor oil is a prominent consumer product.