Exxon Mobil Co. (NYSE:XOM) Shares Sold by Community Bank & Trust Waco Texas

Community Bank & Trust Waco Texas trimmed its position in Exxon Mobil Co. (NYSE:XOM) by 0.1% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 85,170 shares of the oil and gas company’s stock after selling 127 shares during the period. Exxon Mobil comprises about 2.1% of Community Bank & Trust Waco Texas’ portfolio, making the stock its 12th largest holding. Community Bank & Trust Waco Texas’ holdings in Exxon Mobil were worth $9,162,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of the company. Keystone Financial Group Inc. purchased a new stake in Exxon Mobil during the 4th quarter valued at about $36,000. Retirement Wealth Solutions LLC purchased a new stake in shares of Exxon Mobil in the fourth quarter valued at approximately $46,000. Compass Financial Services Inc acquired a new stake in shares of Exxon Mobil in the fourth quarter valued at approximately $48,000. Peterson Financial Group Inc. purchased a new position in Exxon Mobil during the third quarter worth approximately $51,000. Finally, Highline Wealth Partners LLC acquired a new position in Exxon Mobil during the third quarter worth $54,000. 61.80% of the stock is currently owned by hedge funds and other institutional investors.

Exxon Mobil Stock Up 0.0 %

Shares of NYSE XOM opened at $108.17 on Friday. The stock has a market cap of $475.42 billion, a P/E ratio of 13.80, a PEG ratio of 2.94 and a beta of 0.89. The business’s fifty day simple moving average is $108.88 and its 200-day simple moving average is $114.78. Exxon Mobil Co. has a 12-month low of $100.60 and a 12-month high of $126.34. 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) last posted its quarterly earnings results on Friday, January 31st. The oil and gas company reported $1.67 earnings per share (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 last year, the business posted $2.48 earnings per share. As a group, equities analysts predict that Exxon Mobil Co. will post 7.37 EPS for the current fiscal year.

Exxon Mobil Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, March 10th. Shareholders 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 dividend yield of 3.66%. The ex-dividend date of this dividend is Wednesday, February 12th. Exxon Mobil’s dividend payout ratio is presently 50.51%.

Insider Activity

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

Analyst Upgrades and Downgrades

Several research firms have recently commented on XOM. The Goldman Sachs Group reduced their price target on Exxon Mobil from $125.00 to $123.00 and set a “neutral” rating on the stock in a report on Friday, January 31st. BMO Capital Markets decreased 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. Piper Sandler reduced their price target on shares of Exxon Mobil from $138.00 to $127.00 and set an “overweight” rating on the stock in a research report on Thursday, December 19th. JPMorgan Chase & Co. lowered their price objective on Exxon Mobil from $130.00 to $125.00 and set an “overweight” rating for the company in a research report on Monday, December 16th. Finally, Wolfe Research lifted their target price on Exxon Mobil from $137.00 to $138.00 in a research report on Thursday, October 31st. One equities 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 a consensus rating of “Moderate Buy” and a consensus price target of $129.25.

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.