First Bank & Trust Purchases 4,349 Shares of Exxon Mobil Co. (NYSE:XOM)

First Bank & Trust lifted its position in Exxon Mobil Co. (NYSE:XOM) by 68.8% in the 4th quarter, Holdings Channel reports. The fund owned 10,666 shares of the oil and gas company’s stock after acquiring an additional 4,349 shares during the quarter. First Bank & Trust’s holdings in Exxon Mobil were worth $1,147,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in the company. Rockline Wealth Management LLC increased its position in Exxon Mobil by 6.1% during the 4th quarter. Rockline Wealth Management LLC now owns 25,918 shares of the oil and gas company’s stock valued at $2,788,000 after buying an additional 1,498 shares in the last quarter. Global Wealth Management Investment Advisory Inc. lifted its position in Exxon Mobil by 10.7% during the third quarter. Global Wealth Management Investment Advisory Inc. now owns 47,195 shares of the oil and gas company’s stock valued at $5,532,000 after purchasing an additional 4,578 shares in the last quarter. Helen Stephens Group LLC raised its holdings in Exxon Mobil by 7.3% during the fourth quarter. Helen Stephens Group LLC now owns 41,637 shares of the oil and gas company’s stock valued at $4,479,000 after acquiring an additional 2,825 shares during the period. Brooklyn Investment Group raised its holdings in Exxon Mobil by 36.8% during the third quarter. Brooklyn Investment Group now owns 25,127 shares of the oil and gas company’s stock valued at $2,945,000 after acquiring an additional 6,753 shares during the period. Finally, Parthenon LLC raised its holdings in Exxon Mobil by 2.4% during the third quarter. Parthenon LLC now owns 191,590 shares of the oil and gas company’s stock valued at $22,458,000 after acquiring an additional 4,445 shares during the period. Institutional investors own 61.80% of the company’s stock.

Exxon Mobil Price Performance

NYSE XOM opened at $110.67 on Monday. The company has a debt-to-equity ratio of 0.14, a current ratio of 1.31 and a quick ratio of 0.97. The stock’s fifty day moving average price is $108.60 and its 200 day moving average price is $114.48. Exxon Mobil Co. has a 1 year low of $102.88 and a 1 year high of $126.34. The company has a market cap of $480.20 billion, a price-to-earnings ratio of 14.12, a PEG ratio of 3.02 and a beta of 0.89.

Exxon Mobil (NYSE:XOM) last posted its quarterly earnings results on Friday, January 31st. The oil and gas company reported $1.67 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 quarter in the previous year, the business earned $2.48 earnings per share. As a group, equities research analysts forecast that Exxon Mobil Co. will post 7.43 earnings per share for the current year.

Exxon Mobil Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, March 10th. Shareholders of record on Wednesday, February 12th will be issued a $0.99 dividend. This represents a $3.96 annualized dividend and a yield of 3.58%. The ex-dividend date of this dividend is Wednesday, February 12th. Exxon Mobil’s payout ratio is 50.51%.

Insider Buying and Selling at Exxon Mobil

In other Exxon Mobil news, VP Darrin L. Talley sold 2,100 shares of the company’s stock in a transaction on Tuesday, February 4th. The shares were sold at an average price of $110.00, for a total value of $231,000.00. Following the sale, the vice president now directly owns 18,087 shares of the company’s stock, valued at approximately $1,989,570. This represents a 10.40 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 0.03% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently issued reports on XOM shares. Royal Bank of Canada reaffirmed a “sector perform” rating and issued a $115.00 target price on shares of Exxon Mobil in a report on Monday, February 3rd. Wolfe Research boosted their price objective on Exxon Mobil from $137.00 to $138.00 in a research note on Thursday, October 31st. JPMorgan Chase & Co. reduced their price objective on Exxon Mobil from $130.00 to $125.00 and set an “overweight” rating on the stock in a research note on Monday, December 16th. UBS Group dropped their target price on Exxon Mobil from $149.00 to $147.00 and set a “buy” rating for the company in a research report on Thursday, December 12th. Finally, Argus upgraded Exxon Mobil to a “strong-buy” rating in a research report on Tuesday, February 4th. One analyst has rated the stock with a sell rating, eight have assigned a hold rating, eleven have issued a buy rating and two have given a strong buy rating to the stock. According to data from MarketBeat.com, Exxon Mobil presently has an average rating of “Moderate Buy” and an average price target of $129.25.

Exxon Mobil Profile

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.