Whittier Trust Co. of Nevada Inc. Acquires 4,827 Shares of Exxon Mobil Co. (NYSE:XOM)

Whittier Trust Co. of Nevada Inc. increased its holdings in Exxon Mobil Co. (NYSE:XOM) by 3.7% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 136,510 shares of the oil and gas company’s stock after purchasing an additional 4,827 shares during the quarter. Whittier Trust Co. of Nevada Inc.’s holdings in Exxon Mobil were worth $14,684,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently modified their holdings of XOM. Bank of New York Mellon Corp grew its stake in shares of Exxon Mobil by 14.4% in the fourth quarter. Bank of New York Mellon Corp now owns 43,983,110 shares of the oil and gas company’s stock worth $4,731,263,000 after purchasing an additional 5,538,694 shares during the last quarter. Pacer Advisors Inc. grew its stake in shares of Exxon Mobil by 1,524.1% in the fourth quarter. Pacer Advisors Inc. now owns 5,445,922 shares of the oil and gas company’s stock worth $585,818,000 after purchasing an additional 5,110,603 shares during the last quarter. Franklin Resources Inc. grew its stake in shares of Exxon Mobil by 16.3% in the third quarter. Franklin Resources Inc. now owns 31,522,556 shares of the oil and gas company’s stock worth $3,936,929,000 after purchasing an additional 4,415,012 shares during the last quarter. Proficio Capital Partners LLC grew its stake in shares of Exxon Mobil by 13,899.5% in the fourth quarter. Proficio Capital Partners LLC now owns 1,888,812 shares of the oil and gas company’s stock worth $1,963,000 after purchasing an additional 1,875,320 shares during the last quarter. Finally, Strategic Financial Concepts LLC boosted its position in Exxon Mobil by 11,131.0% during the 4th quarter. Strategic Financial Concepts LLC now owns 1,792,811 shares of the oil and gas company’s stock valued at $192,853,000 after acquiring an additional 1,776,848 shares in the last quarter. 61.80% of the stock is owned by institutional investors.

Analyst Ratings Changes

XOM has been the topic of several research reports. Morgan Stanley lifted their price objective on Exxon Mobil from $139.00 to $140.00 in a research 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 research 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 research report on Monday, February 3rd. TD Cowen cut their price objective on Exxon Mobil from $132.00 to $128.00 and set a “buy” rating on the stock in a research report on Monday, December 16th. Finally, UBS Group cut their price objective on Exxon Mobil from $149.00 to $147.00 and set a “buy” rating on the stock in a research report on Thursday, December 12th. One research analyst has rated the stock with a sell rating, eight have issued 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, the stock presently has an average rating of “Moderate Buy” and an average target price of $129.15.

Exxon Mobil Price Performance

Shares of NYSE XOM opened at $115.84 on Friday. Exxon Mobil Co. has a twelve month low of $103.67 and a twelve month high of $126.34. The firm has a market cap of $502.63 billion, a P/E ratio of 14.78, a PEG ratio of 3.02 and a beta of 0.83. The company has a 50 day moving average of $109.92 and a 200 day moving average of $113.60. The company has a quick ratio of 0.97, a current ratio of 1.31 and a debt-to-equity ratio of 0.14.

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 for the quarter, missing analysts’ consensus estimates of $1.77 by ($0.10). Exxon Mobil had a return on equity of 12.92% and a net margin of 9.63%. During the same quarter in the previous year, the business earned $2.48 earnings per share. As a group, research analysts expect that Exxon Mobil Co. will post 7.43 EPS for the current fiscal year.

Exxon Mobil Dividend Announcement

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

Insider Buying and Selling at Exxon Mobil

In other Exxon Mobil news, VP Darrin L. Talley sold 2,100 shares of the business’s stock in a transaction 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 completion of the sale, the vice president now directly owns 18,087 shares in the company, valued at approximately $1,989,570. The trade was a 10.40 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 0.03% of the company’s stock.

Exxon Mobil Company 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.