Private Trust Co. NA Raises Holdings in Exxon Mobil Co. (NYSE:XOM)

Private Trust Co. NA lifted its holdings in shares of Exxon Mobil Co. (NYSE:XOMFree Report) by 3.7% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 68,813 shares of the oil and gas company’s stock after buying an additional 2,483 shares during the period. Exxon Mobil comprises 0.9% of Private Trust Co. NA’s investment portfolio, making the stock its 14th biggest holding. Private Trust Co. NA’s holdings in Exxon Mobil were worth $7,999,000 as of its most recent SEC filing.

A number of other large investors have also modified their holdings of XOM. PFS Partners LLC boosted its position in shares of Exxon Mobil by 0.5% in the first quarter. PFS Partners LLC now owns 18,836 shares of the oil and gas company’s stock valued at $2,190,000 after acquiring an additional 89 shares during the period. Bay Rivers Group raised its stake in Exxon Mobil by 2.5% in the first quarter. Bay Rivers Group now owns 3,747 shares of the oil and gas company’s stock valued at $436,000 after purchasing an additional 90 shares in the last quarter. Money Concepts Capital Corp raised its stake in Exxon Mobil by 3.1% in the third quarter. Money Concepts Capital Corp now owns 3,119 shares of the oil and gas company’s stock valued at $367,000 after purchasing an additional 95 shares in the last quarter. Auxier Asset Management raised its stake in Exxon Mobil by 0.8% in the third quarter. Auxier Asset Management now owns 12,963 shares of the oil and gas company’s stock valued at $1,524,000 after purchasing an additional 97 shares in the last quarter. Finally, Boltwood Capital Management raised its stake in Exxon Mobil by 0.4% in the fourth quarter. Boltwood Capital Management now owns 25,445 shares of the oil and gas company’s stock valued at $2,544,000 after purchasing an additional 98 shares in the last quarter. 61.80% of the stock is owned by hedge funds and other institutional investors.

Exxon Mobil Trading Down 1.7 %

NYSE:XOM traded down $1.91 during trading hours on Thursday, hitting $113.57. The company had a trading volume of 15,978,354 shares, compared to its average volume of 18,459,836. The company has a market capitalization of $447.81 billion, a PE ratio of 13.92, a price-to-earnings-growth ratio of 4.10 and a beta of 0.96. The stock has a 50-day moving average price of $117.63 and a 200 day moving average price of $107.80. 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 0.15, a current ratio of 1.38 and a quick ratio of 1.06.

Exxon Mobil (NYSE:XOMGet Free Report) last announced its earnings results on Friday, April 26th. The oil and gas company reported $2.06 EPS for the quarter, missing analysts’ consensus estimates of $2.19 by ($0.13). Exxon Mobil had a net margin of 9.62% and a return on equity of 16.75%. The business had revenue of $83.08 billion for the quarter, compared to the consensus estimate of $79.69 billion. During the same quarter last year, the firm posted $2.83 EPS. The business’s quarterly revenue was down 4.0% on a year-over-year basis. On average, equities research analysts predict that Exxon Mobil Co. will post 9.57 EPS for the current fiscal year.

Exxon Mobil Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, June 10th. Stockholders of record on Wednesday, May 15th will be issued a dividend of $0.95 per share. This represents a $3.80 dividend on an annualized basis and a dividend yield of 3.35%. The ex-dividend date of this dividend is Tuesday, May 14th. Exxon Mobil’s dividend payout ratio (DPR) is presently 46.57%.

Analyst Ratings Changes

A number of brokerages recently weighed in on XOM. UBS Group raised their target price on shares of Exxon Mobil from $150.00 to $152.00 and gave the company a “buy” rating in a research note on Tuesday, May 7th. Truist Financial lifted their price target on shares of Exxon Mobil from $140.00 to $146.00 and gave the stock a “buy” rating in a research note on Friday, April 5th. TD Cowen lifted their price target on shares of Exxon Mobil from $128.00 to $135.00 and gave the stock a “buy” rating in a research note on Tuesday, April 30th. Royal Bank of Canada reissued a “sector perform” rating and set a $120.00 price target on shares of Exxon Mobil in a research note on Monday, February 5th. Finally, Scotiabank lifted their price target on shares of Exxon Mobil from $114.00 to $129.00 and gave the stock a “sector perform” rating in a research note on Thursday, April 11th. Eight investment analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, Exxon Mobil currently has a consensus rating of “Moderate Buy” and a consensus target price of $135.00.

Read Our Latest Analysis on Exxon Mobil

Insider Activity

In other news, VP Darrin L. Talley sold 2,426 shares of Exxon Mobil stock in a transaction dated Monday, April 29th. The stock was sold at an average price of $119.01, for a total value of $288,718.26. Following the completion of the transaction, the vice president now owns 25,363 shares of the company’s stock, valued at approximately $3,018,450.63. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Company insiders own 0.03% of the company’s stock.

Exxon Mobil Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Exxon Mobil (NYSE:XOM)

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