LRT Capital Management LLC Has $1.46 Million Stock Position in Exxon Mobil Co. (NYSE:XOM)

LRT Capital Management LLC decreased its position in shares of Exxon Mobil Co. (NYSE:XOM) by 23.0% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 14,622 shares of the oil and gas company’s stock after selling 4,379 shares during the period. Exxon Mobil accounts for approximately 1.4% of LRT Capital Management LLC’s portfolio, making the stock its 28th biggest position. LRT Capital Management LLC’s holdings in Exxon Mobil were worth $1,462,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of XOM. Orion Capital Management LLC acquired a new stake in shares of Exxon Mobil in the third quarter worth about $91,000. Authentikos Wealth Advisory LLC acquired a new stake in shares of Exxon Mobil in the third quarter worth about $92,000. Keener Financial Planning LLC acquired a new stake in shares of Exxon Mobil in the fourth quarter worth about $80,000. Sumitomo Mitsui Financial Group Inc. increased its stake in shares of Exxon Mobil by 851.6% in the third quarter. Sumitomo Mitsui Financial Group Inc. now owns 885 shares of the oil and gas company’s stock worth $106,000 after purchasing an additional 792 shares during the period. Finally, TFO Wealth Partners LLC increased its stake in shares of Exxon Mobil by 118.5% in the third quarter. TFO Wealth Partners LLC now owns 968 shares of the oil and gas company’s stock worth $104,000 after purchasing an additional 525 shares during the period. Institutional investors and hedge funds own 61.80% of the company’s stock.

Wall Street Analysts Forecast Growth

XOM has been the topic of a number of recent analyst reports. Mizuho reiterated a “neutral” rating and issued a $125.00 price objective on shares of Exxon Mobil in a research note on Thursday, April 4th. Wells Fargo & Company boosted their price target on Exxon Mobil from $126.00 to $138.00 and gave the company an “overweight” rating in a research note on Thursday, April 4th. Truist Financial boosted their price target on Exxon Mobil from $140.00 to $146.00 and gave the company a “buy” rating in a research note on Friday, April 5th. Scotiabank boosted their price target on Exxon Mobil from $114.00 to $129.00 and gave the company a “sector perform” rating in a research note on Thursday, April 11th. Finally, Royal Bank of Canada restated a “sector perform” rating and set a $120.00 price target on shares of Exxon Mobil in a research note on Monday, February 5th. Eight investment analysts have rated the stock with a hold rating and eleven have issued a buy rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $132.28.

Insiders Place Their Bets

In other Exxon Mobil news, VP Darrin L. Talley sold 2,400 shares of the company’s stock in a transaction on Thursday, February 22nd. The shares were sold at an average price of $105.00, for a total transaction of $252,000.00. Following the completion of the sale, the vice president now owns 30,189 shares in the company, valued at approximately $3,169,845. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 0.03% of the company’s stock.

Exxon Mobil Stock Up 0.6 %

NYSE:XOM opened at $120.58 on Tuesday. The stock’s fifty day moving average price is $111.89 and its two-hundred day moving average price is $106.31. Exxon Mobil Co. has a 52-week low of $95.77 and a 52-week high of $123.75. The company has a debt-to-equity ratio of 0.18, a quick ratio of 1.09 and a current ratio of 1.48. The company has a market cap of $477.29 billion, a price-to-earnings ratio of 13.56, a P/E/G ratio of 4.12 and a beta of 0.96.

Exxon Mobil (NYSE:XOM) last posted its quarterly earnings data on Friday, February 2nd. The oil and gas company reported $2.48 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.20 by $0.28. Exxon Mobil had a return on equity of 18.51% and a net margin of 10.45%. The firm had revenue of $84.34 billion for the quarter, compared to the consensus estimate of $90.03 billion. During the same quarter in the prior year, the business earned $3.40 EPS. The business’s revenue for the quarter was down 11.6% compared to the same quarter last year. On average, analysts anticipate that Exxon Mobil Co. will post 9.7 EPS for the current year.

Exxon Mobil Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, March 11th. Shareholders of record on Wednesday, February 14th were issued a dividend of $0.95 per share. This represents a $3.80 annualized dividend and a yield of 3.15%. The ex-dividend date was Tuesday, February 13th. Exxon Mobil’s dividend payout ratio is 42.74%.

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.