Exxon Mobil Co. (NYSE:XOM) Shares Purchased by St. Louis Trust Co

St. Louis Trust Co grew its stake in shares of Exxon Mobil Co. (NYSE:XOM) by 2.8% during the fourth quarter, HoldingsChannel reports. The firm owned 36,533 shares of the oil and gas company’s stock after buying an additional 1,000 shares during the period. Exxon Mobil accounts for 0.6% of St. Louis Trust Co’s portfolio, making the stock its 27th largest position. St. Louis Trust Co’s holdings in Exxon Mobil were worth $3,653,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently modified their holdings of XOM. Warren Street Wealth Advisors LLC lifted its position in Exxon Mobil by 5.7% in the third quarter. Warren Street Wealth Advisors LLC now owns 3,152 shares of the oil and gas company’s stock worth $371,000 after purchasing an additional 170 shares during the period. Intergy Private Wealth LLC acquired a new stake in shares of Exxon Mobil during the 3rd quarter valued at $216,000. Connective Portfolio Management LLC acquired a new stake in shares of Exxon Mobil during the 3rd quarter valued at $1,200,000. Aaron Wealth Advisors LLC lifted its position in shares of Exxon Mobil by 3.0% during the 3rd quarter. Aaron Wealth Advisors LLC now owns 15,108 shares of the oil and gas company’s stock valued at $1,776,000 after acquiring an additional 439 shares during the last quarter. Finally, Birch Hill Investment Advisors LLC lifted its position in shares of Exxon Mobil by 0.5% during the 3rd quarter. Birch Hill Investment Advisors LLC now owns 75,109 shares of the oil and gas company’s stock valued at $8,831,000 after acquiring an additional 341 shares during the last quarter. Institutional investors and hedge funds own 61.80% of the company’s stock.

Analyst Ratings Changes

A number of brokerages have recently commented on XOM. Truist Financial increased their price objective on Exxon Mobil from $140.00 to $146.00 and gave the company a “buy” rating in a research report on Friday, April 5th. Redburn Atlantic raised shares of Exxon Mobil from a “neutral” rating to a “buy” rating and boosted their target price for the company from $116.00 to $119.00 in a research note on Tuesday, January 9th. Mizuho reissued a “neutral” rating and set a $125.00 target price on shares of Exxon Mobil in a research note on Thursday, April 4th. TD Cowen boosted their target price on shares of Exxon Mobil from $128.00 to $135.00 and gave the company a “buy” rating in a research note on Tuesday. Finally, Barclays assumed coverage on shares of Exxon Mobil in a research note on Wednesday, April 10th. They issued an “overweight” rating and a $147.00 price target on the stock. Nine research analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $133.56.

Exxon Mobil Stock Down 0.2 %

XOM traded down $0.25 during trading on Wednesday, hitting $118.02. The company had a trading volume of 2,554,248 shares, compared to its average volume of 18,042,422. The company has a market capitalization of $467.15 billion, a PE ratio of 14.49, a PEG ratio of 4.14 and a beta of 0.96. Exxon Mobil Co. has a one year low of $95.77 and a one year high of $123.75. The firm’s 50-day moving average price is $113.96 and its 200 day moving average price is $106.79. The company has a quick ratio of 1.06, a current ratio of 1.38 and a debt-to-equity ratio of 0.15.

Exxon Mobil (NYSE:XOM) last posted its quarterly earnings data on Friday, April 26th. The oil and gas company reported $2.06 EPS for the quarter, missing the consensus estimate of $2.19 by ($0.13). The company had revenue of $83.08 billion during the quarter, compared to the consensus estimate of $79.69 billion. Exxon Mobil had a net margin of 9.62% and a return on equity of 16.75%. The company’s revenue was down 4.0% compared to the same quarter last year. During the same period in the prior year, the firm posted $2.83 earnings per share. As a group, equities analysts expect that Exxon Mobil Co. will post 9.62 earnings per share for the current year.

Exxon Mobil Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, June 10th. Shareholders of record on Wednesday, May 15th will be paid a $0.95 dividend. The ex-dividend date is Tuesday, May 14th. This represents a $3.80 annualized dividend and a yield of 3.22%. Exxon Mobil’s payout ratio is currently 46.57%.

Insider Buying and Selling at Exxon Mobil

In other news, VP Darrin L. Talley sold 2,426 shares of the company’s stock in a transaction dated Monday, April 29th. The shares were sold at an average price of $119.01, for a total value of $288,718.26. Following the sale, the vice president now directly owns 25,363 shares of the company’s stock, valued at approximately $3,018,450.63. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. In other Exxon Mobil news, VP Darrin L. Talley sold 2,426 shares of the stock in a transaction dated Monday, April 29th. The shares were sold at an average price of $119.01, for a total value of $288,718.26. Following the transaction, the vice president now directly owns 25,363 shares of the company’s stock, valued at approximately $3,018,450.63. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, VP Darrin L. Talley sold 2,400 shares of the stock in a transaction that occurred on Thursday, February 22nd. The stock was sold at an average price of $105.00, for a total transaction of $252,000.00. Following the transaction, the vice president now owns 30,189 shares in the company, valued at approximately $3,169,845. The disclosure for this sale can be found here. Company insiders own 0.03% of the company’s stock.

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.