Trilogy Capital Inc. Purchases 907 Shares of Exxon Mobil Co. (NYSE:XOM)

Trilogy Capital Inc. raised its position in shares of Exxon Mobil Co. (NYSE:XOM) by 3.0% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 31,185 shares of the oil and gas company’s stock after acquiring an additional 907 shares during the quarter. Trilogy Capital Inc.’s holdings in Exxon Mobil were worth $3,355,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Retirement Wealth Solutions LLC bought a new position in shares of Exxon Mobil during the 4th quarter worth about $46,000. Peterson Financial Group Inc. acquired a new position in Exxon Mobil during the 3rd quarter worth approximately $51,000. Highline Wealth Partners LLC bought a new position in Exxon Mobil in the third quarter worth approximately $54,000. Harbor Capital Advisors Inc. acquired a new stake in Exxon Mobil in the third quarter valued at approximately $63,000. Finally, Annapolis Financial Services LLC increased its holdings in shares of Exxon Mobil by 284.9% during the third quarter. Annapolis Financial Services LLC now owns 766 shares of the oil and gas company’s stock valued at $90,000 after acquiring an additional 567 shares in the last quarter. Institutional investors own 61.80% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages recently issued reports on XOM. Royal Bank of Canada reiterated a “sector perform” rating and issued a $115.00 target price on shares of Exxon Mobil in a report on Monday, February 3rd. BMO Capital Markets lowered their target price on shares of Exxon Mobil from $130.00 to $123.00 and set a “market perform” rating on the stock in a report on Friday, January 31st. JPMorgan Chase & Co. dropped their price target on shares of Exxon Mobil from $130.00 to $125.00 and set an “overweight” rating on the stock in a research report on Monday, December 16th. Bank of America started coverage on Exxon Mobil in a report on Thursday, October 17th. They set a “neutral” rating and a $124.00 price objective for the company. Finally, HSBC cut their target price on Exxon Mobil from $125.00 to $123.00 and set a “hold” rating on the stock in a research report on Friday, January 31st. One investment analyst has rated the stock with a sell rating, eight have issued a hold rating, eleven have assigned a buy rating and two have issued a strong buy rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $129.25.

Insider Transactions at Exxon Mobil

In related news, VP Darrin L. Talley sold 2,100 shares of the company’s stock in a transaction that occurred on Tuesday, February 4th. The shares were sold at an average price of $110.00, for a total transaction of $231,000.00. Following the sale, the vice president now directly owns 18,087 shares in the company, valued at approximately $1,989,570. This represents a 10.40 % decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Corporate insiders own 0.03% of the company’s stock.

Exxon Mobil Trading Up 0.4 %

Shares of XOM stock opened at $108.87 on Monday. Exxon Mobil Co. has a 12-month low of $100.42 and a 12-month high of $126.34. The company has a quick ratio of 0.97, a current ratio of 1.31 and a debt-to-equity ratio of 0.14. The company has a 50 day moving average of $109.41 and a 200-day moving average of $114.97. The firm has a market cap of $478.49 billion, a P/E ratio of 13.89, a PEG ratio of 2.94 and a beta of 0.89.

Exxon Mobil (NYSE:XOM) last issued its earnings results 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 in the prior year, the business earned $2.48 earnings per share. Sell-side analysts anticipate that Exxon Mobil Co. will post 7.37 earnings per share for the current year.

Exxon Mobil Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, March 10th. Shareholders of record on Wednesday, February 12th will be given a dividend of $0.99 per share. The ex-dividend date is Wednesday, February 12th. This represents a $3.96 dividend on an annualized basis and a yield of 3.64%. Exxon Mobil’s dividend payout ratio is presently 50.51%.

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.