<div id="readability-page-1"><p>Sunbelt Securities Inc. lowered its position in Exxon Mobil Co. (NYSE:XOM - Free Report) by 8.9% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 114,161 shares of the oil and gas company's stock after selling 11,150 shares during the quarter. Exxon Mobil makes up about 1.5% of Sunbelt Securities Inc.'s investment portfolio, making the stock its 9th largest holding. Sunbelt Securities Inc.'s holdings in Exxon Mobil were worth $13,270,000 at the end of the most recent reporting period.</p><ul><li>Top 3 Stocks to Buy Now as Energy Sector Hits Buy Zone</li></ul><p>A number of other hedge funds and other institutional investors also recently modified their holdings of XOM. Auxier Asset Management lifted its holdings in Exxon Mobil by 0.8% in the 3rd quarter. Auxier Asset Management now owns 12,963 shares of the oil and gas company's stock worth $1,524,000 after buying an additional 97 shares during the period. Boltwood Capital Management lifted its holdings in Exxon Mobil by 0.4% in the 4th quarter. Boltwood Capital Management now owns 25,445 shares of the oil and gas company's stock worth $2,544,000 after buying an additional 98 shares during the period. Stolper Co lifted its holdings in Exxon Mobil by 0.4% in the 1st quarter. Stolper Co now owns 23,809 shares of the oil and gas company's stock worth $2,768,000 after buying an additional 98 shares during the period. CMG Global Holdings LLC lifted its holdings in Exxon Mobil by 0.4% in the 4th quarter. CMG Global Holdings LLC now owns 23,939 shares of the oil and gas company's stock worth $2,483,000 after buying an additional 99 shares during the period. Finally, Argus Investors Counsel Inc. lifted its holdings in Exxon Mobil by 0.5% in the 4th quarter. Argus Investors Counsel Inc. now owns 20,450 shares of the oil and gas company's stock worth $2,045,000 after buying an additional 100 shares during the period. Institutional investors own 61.80% of the company's stock. </p><h2>Analysts Set New Price Targets</h2><p>Several research firms have weighed in on XOM. Barclays began coverage on Exxon Mobil in a report on Wednesday, April 10th. They issued an &#34;overweight&#34; rating and a $147.00 price objective for the company. Wells Fargo &amp; Company raised their target price on Exxon Mobil from $138.00 to $142.00 and gave the company an &#34;overweight&#34; rating in a research note on Tuesday, April 30th. Truist Financial restated a &#34;hold&#34; rating and issued a $124.00 target price (down previously from $146.00) on shares of Exxon Mobil in a research note on Friday, June 7th. UBS Group raised their target price on Exxon Mobil from $152.00 to $154.00 and gave the company a &#34;buy&#34; rating in a research note on Tuesday. Finally, HSBC raised their target price on Exxon Mobil from $111.00 to $120.00 and gave the company a &#34;hold&#34; rating in a research note on Tuesday, April 30th. Nine investment analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company. According to data from MarketBeat, Exxon Mobil presently has a consensus rating of &#34;Moderate Buy&#34; and an average target price of $133.82.</p><br/><ul><li>Occidental Stock: Buffett's 9-Day Buying Spree Lifts Stake to 29%</li></ul><p><b>Get Our Latest Research Report on XOM</b></p><h2>Exxon Mobil Trading Up 0.0 %</h2><p>Shares of NYSE:XOM opened at $114.40 on Thursday. The company has a market cap of $451.08 billion, a P/E ratio of 14.02, a PEG ratio of 4.11 and a beta of 0.92. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.38 and a quick ratio of 1.06. Exxon Mobil Co. has a 1 year low of $95.77 and a 1 year high of $123.75. The stock's fifty day moving average price is $115.50 and its 200-day moving average price is $109.39. </p><ul><li>Chevron Stock Concerns: Perspectives Make the Difference</li></ul><p>Exxon Mobil (NYSE:XOM - Get Free Report) last announced its quarterly earnings results on Friday, April 26th. The oil and gas company reported $2.06 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $2.19 by ($0.13). The business had revenue of $83.08 billion for the quarter, compared to the consensus estimate of $79.69 billion. Exxon Mobil had a net margin of 9.62% and a return on equity of 16.75%. The company's revenue for the quarter was down 4.0% compared to the same quarter last year. During the same period in the previous year, the company earned $2.83 earnings per share. Sell-side analysts expect that Exxon Mobil Co. will post 9.28 earnings per share for the current year. </p><h2>Exxon Mobil Announces Dividend</h2><p>The firm also recently declared a quarterly dividend, which was paid on Monday, June 10th. Stockholders of record on Wednesday, May 15th were issued a dividend of $0.95 per share. This represents a $3.80 dividend on an annualized basis and a dividend yield of 3.32%. The ex-dividend date of this dividend was Tuesday, May 14th. Exxon Mobil's payout ratio is currently 46.57%. </p><h2>Insider Activity</h2><p>In related news, VP Darrin L. Talley sold 2,426 shares of the company's stock in a transaction on Monday, April 29th. The stock was sold at an average price of $119.01, for a total transaction of $288,718.26. Following the completion of the sale, the vice president now owns 25,363 shares in the company, valued at $3,018,450.63. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Corporate insiders own 0.03% of the company's stock. </p><h2>Exxon Mobil Profile</h2> (Free Report)<p>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.</p><h2>Further Reading</h2><ul><li>Five stocks we like better than Exxon Mobil</li><li>Using the MarketBeat Dividend Tax Calculator</li><li>Stock Impact: McDonald's Price War with Starbucks, Wendy's</li><li>What to Know About Investing in Penny Stocks</li><li>General Mills Q4 Sales Miss Expectations, Triggering Stock Drop</li><li>Profitably Trade Stocks at 52-Week Highs</li><li>Enovix Stock Rises 35% in Short-Squeeze: This Rally Has Legs</li></ul><p><strong>Want to see what other hedge funds are holding XOM?</strong> Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Exxon Mobil Co. (NYSE:XOM - Free Report).</p><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPVhPTQ?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPVhPTQ"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><p>→ Elon Musk: “This Could be Massive…a Multi Trillion-Dollar Company.” <span><span>(From Paradigm Press)</span> <span>(Ad)</span></span><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/TriggeredCampaignPixel.ashx/query-UGxhY2VtZW50PU5hdGl2ZURpc3BsYXkmU291cmNlPU5hdGl2ZURpc3BsYXkmVHJpZ2dlcmVkQ2FtcGFpZ25JRD04NTA5?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" height="1" width="1" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/TriggeredCampaignPixel.ashx/query-UGxhY2VtZW50PU5hdGl2ZURpc3BsYXkmU291cmNlPU5hdGl2ZURpc3BsYXkmVHJpZ2dlcmVkQ2FtcGFpZ25JRD04NTA5"/></p><h2>Should you invest $1,000 in Exxon Mobil right now?</h2><p>Before you consider Exxon Mobil, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. 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<p>Sunbelt Securities Inc. has sold 11,150 shares of Exxon Mobil Co. in the first quarter, lowering its position by 8.9%. Exxon Mobil is the 9th largest holding in Sunbelt Securities Inc.'s investment portfolio. The company's holdings in Exxon Mobil were worth $13,270,000. Other hedge funds and institutional investors have also modified their holdings of Exxon Mobil. The stock is currently trading at $114.40 on NYSE.</p>

- Sunbelt Securities Inc. reduced its stake in Exxon Mobil Co. by 8.9% in the first quarter, owning 114,161 shares worth $13,270,000, making it the 9th largest holding in their portfolio. Other institutional investors like Auxier Asset Management and Boltwood Capital Management also adjusted their holdings in XOM recently.
- Analysts have set varied price targets for Exxon Mobil, with a consensus rating of "Moderate Buy" and an average target price of $133.82. Exxon Mobil's stock opened at $114.40 on Thursday, with a market cap of $451.08 billion.
- Exxon Mobil reported earnings below estimates in April, with a quarterly dividend of $0.95 per share and a dividend yield of 3.32%. Insider activity includes VP Darrin L. Talley selling shares. Exxon Mobil engages in oil and gas exploration globally.

Sunbelt Securities Inc. Sells 11,150 Shares of Exxon Mobil Co. (NYSE:XOM)