Exxon Mobil Co. (NYSE:XOM) Shares Purchased by First American Trust FSB

First American Trust FSB raised its holdings in Exxon Mobil Co. (NYSE:XOM) by 4.9% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 12,190 shares of the oil and gas company’s stock after buying an additional 566 shares during the quarter. First American Trust FSB’s holdings in Exxon Mobil were worth $1,311,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of XOM. Principal Financial Group Inc. grew its stake in shares of Exxon Mobil by 8.4% during the 3rd quarter. Principal Financial Group Inc. now owns 6,709,202 shares of the oil and gas company’s stock valued at $786,453,000 after buying an additional 521,932 shares during the period. United Bank boosted its holdings in Exxon Mobil by 3.7% in the third quarter. United Bank now owns 17,920 shares of the oil and gas company’s stock valued at $2,101,000 after acquiring an additional 641 shares during the last quarter. Eagle Asset Management Inc. grew its position in Exxon Mobil by 3.2% during the third quarter. Eagle Asset Management Inc. now owns 61,484 shares of the oil and gas company’s stock valued at $7,446,000 after acquiring an additional 1,935 shares during the period. Algert Global LLC acquired a new stake in Exxon Mobil during the third quarter worth about $2,262,000. Finally, Fisher Asset Management LLC raised its holdings in shares of Exxon Mobil by 3.4% in the 3rd quarter. Fisher Asset Management LLC now owns 29,197,557 shares of the oil and gas company’s stock worth $3,422,538,000 after purchasing an additional 949,875 shares during the period. Institutional investors and hedge funds own 61.80% of the company’s stock.

Exxon Mobil Stock Performance

Shares of Exxon Mobil stock opened at $115.81 on Tuesday. The company has a debt-to-equity ratio of 0.14, a quick ratio of 0.97 and a current ratio of 1.31. Exxon Mobil Co. has a 1 year low of $103.67 and a 1 year high of $126.34. The firm’s 50-day simple moving average is $110.22 and its 200-day simple moving average is $113.58. The firm has a market cap of $502.52 billion, a PE ratio of 14.77, a price-to-earnings-growth ratio of 3.02 and a beta of 0.83.

Exxon Mobil (NYSE:XOM) last announced its quarterly earnings data on Friday, January 31st. The oil and gas company reported $1.67 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.77 by ($0.10). Exxon Mobil had a net margin of 9.63% and a return on equity of 12.92%. During the same period last year, the firm posted $2.48 EPS. Equities analysts forecast that Exxon Mobil Co. will post 7.43 earnings per share for the current fiscal year.

Exxon Mobil Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, March 10th. Shareholders of record on Wednesday, February 12th were issued a $0.99 dividend. This represents a $3.96 dividend on an annualized basis and a yield of 3.42%. The ex-dividend date was Wednesday, February 12th. Exxon Mobil’s dividend payout ratio is presently 50.51%.

Insider Buying and Selling at Exxon Mobil

In other news, VP Darrin L. Talley sold 2,100 shares of the firm’s stock in a transaction dated Tuesday, February 4th. The shares were sold at an average price of $110.00, for a total value of $231,000.00. Following the transaction, the vice president now directly owns 18,087 shares in the company, valued at approximately $1,989,570. This trade represents a 10.40 % decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. 0.03% of the stock is owned by insiders.

Wall Street Analyst Weigh In

A number of analysts have recently issued reports on XOM shares. Bernstein Bank boosted their target price on Exxon Mobil from $138.00 to $144.00 and gave the stock an “overweight” rating in a report on Friday, January 31st. BMO Capital Markets dropped their price objective on shares of Exxon Mobil from $130.00 to $123.00 and set a “market perform” rating for the company in a research report on Friday, January 31st. Mizuho decreased their price target on shares of Exxon Mobil from $137.00 to $134.00 and set a “neutral” rating for the company in a research report on Monday, December 16th. Scotiabank reduced their price objective on Exxon Mobil from $145.00 to $140.00 in a research note on Friday, January 31st. Finally, HSBC dropped their target price on Exxon Mobil from $125.00 to $123.00 and set a “hold” rating on the stock in a report on Friday, January 31st. One investment analyst has rated the stock with a sell rating, eight have issued a hold rating, eleven have given a buy rating and two have given a strong buy rating to the stock. Based on data from MarketBeat, Exxon Mobil presently has a consensus rating of “Moderate Buy” and a consensus target price of $129.15.

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.