First Command Advisory Services Inc. raised its holdings in Exxon Mobil Co. (NYSE:XOM – Free Report) by 1.0% during the fourth quarter, HoldingsChannel reports. The firm owned 37,238 shares of the oil and gas company’s stock after acquiring an additional 360 shares during the quarter. First Command Advisory Services Inc.’s holdings in Exxon Mobil were worth $4,006,000 at the end of the most recent reporting period.
Other large investors have also recently modified their holdings of the company. Keystone Financial Group Inc. acquired a new stake in shares of Exxon Mobil in the 4th quarter valued at $36,000. Retirement Wealth Solutions LLC acquired a new stake in shares of Exxon Mobil during the 4th quarter valued at $46,000. Compass Planning Associates Inc acquired a new stake in shares of Exxon Mobil during the 4th quarter valued at $47,000. Compass Financial Services Inc acquired a new stake in shares of Exxon Mobil during the 4th quarter valued at $48,000. Finally, Peterson Financial Group Inc. acquired a new stake in shares of Exxon Mobil during the 3rd quarter valued at $51,000. Institutional investors and hedge funds own 61.80% of the company’s stock.
Wall Street Analysts Forecast Growth
Several equities research analysts recently weighed in on XOM shares. Scotiabank cut their price objective on Exxon Mobil from $145.00 to $140.00 in a report on Friday, January 31st. HSBC cut their price objective on Exxon Mobil from $125.00 to $123.00 and set a “hold” rating on the stock in a report on Friday, January 31st. Wells Fargo & Company cut their price objective on Exxon Mobil from $136.00 to $135.00 and set an “overweight” rating on the stock in a report on Monday, February 3rd. JPMorgan Chase & Co. cut their target price on Exxon Mobil from $130.00 to $125.00 and set an “overweight” rating on the stock in a report on Monday, December 16th. Finally, The Goldman Sachs Group cut their target price on Exxon Mobil from $125.00 to $123.00 and set a “neutral” rating on the stock in a report on Friday, January 31st. One analyst has rated the stock with a sell rating, eight have given a hold rating, eleven have issued a buy rating and two have issued a strong buy rating to the company. According to data from MarketBeat.com, Exxon Mobil has an average rating of “Moderate Buy” and a consensus target price of $129.25.
Exxon Mobil Stock Performance
XOM stock opened at $111.33 on Friday. Exxon Mobil Co. has a 1-year low of $104.03 and a 1-year high of $126.34. The firm has a market cap of $483.08 billion, a PE ratio of 14.20, a price-to-earnings-growth ratio of 3.02 and a beta of 0.89. The stock has a 50-day moving average price of $108.95 and a 200-day moving average price of $114.26. The company has a current ratio of 1.31, a quick ratio of 0.97 and a debt-to-equity ratio of 0.14.
Exxon Mobil (NYSE:XOM – Get Free Report) last issued its earnings results on Friday, January 31st. The oil and gas company reported $1.67 EPS for the quarter, missing analysts’ consensus estimates 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. As a group, equities research analysts expect that Exxon Mobil Co. will post 7.43 earnings per share for the current year.
Exxon Mobil Dividend Announcement
The company also recently announced a quarterly dividend, which will be paid on Monday, March 10th. Investors of record on Wednesday, February 12th will be given a $0.99 dividend. This represents a $3.96 dividend on an annualized basis and a yield of 3.56%. The ex-dividend date is Wednesday, February 12th. Exxon Mobil’s payout ratio is 50.51%.
Insider Activity at Exxon Mobil
In related news, VP Darrin L. Talley sold 2,100 shares of the business’s stock in a transaction dated Tuesday, February 4th. The stock was sold at an average price of $110.00, for a total value of $231,000.00. Following the completion of the sale, the vice president now directly owns 18,087 shares of the company’s stock, valued at $1,989,570. The trade was a 10.40 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. 0.03% of the stock is currently owned by corporate insiders.
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.
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