Exxon Mobil Co. (NYSE:XOM) Shares Bought by Parkside Financial Bank & Trust

Parkside Financial Bank & Trust raised its position in Exxon Mobil Co. (NYSE:XOM) by 1.9% during the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 30,200 shares of the oil and gas company’s stock after purchasing an additional 561 shares during the period. Parkside Financial Bank & Trust’s holdings in Exxon Mobil were worth $3,249,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Keystone Financial Group Inc. acquired a new stake in shares of Exxon Mobil during the fourth quarter valued at $36,000. Retirement Wealth Solutions LLC acquired a new stake in shares of Exxon Mobil during the fourth quarter valued at $46,000. Compass Planning Associates Inc acquired a new stake in shares of Exxon Mobil during the fourth quarter valued at $47,000. Compass Financial Services Inc purchased a new position in Exxon Mobil during the fourth quarter worth about $48,000. Finally, Peterson Financial Group Inc. purchased a new position in Exxon Mobil during the third quarter worth about $51,000. Institutional investors and hedge funds own 61.80% of the company’s stock.

Insider Buying and Selling at Exxon Mobil

In other Exxon Mobil news, VP Darrin L. Talley sold 2,100 shares of the firm’s stock in a transaction that occurred on Tuesday, February 4th. The stock was 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 owns 18,087 shares in the company, valued at $1,989,570. This trade represents a 10.40 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 0.03% of the stock is owned by insiders.

Exxon Mobil Stock Performance

Shares of NYSE:XOM opened at $111.33 on Friday. The company has a market cap of $483.08 billion, a P/E ratio of 14.20, a PEG ratio of 3.02 and a beta of 0.89. The company has a debt-to-equity ratio of 0.14, a quick ratio of 0.97 and a current ratio of 1.31. Exxon Mobil Co. has a one year low of $104.03 and a one year high of $126.34. The business’s 50-day simple moving average is $108.95 and its 200 day simple moving average is $114.23.

Exxon Mobil (NYSE:XOM) last announced its earnings results on Friday, January 31st. The oil and gas company reported $1.67 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 previous year, the company earned $2.48 EPS. On average, sell-side analysts forecast that Exxon Mobil Co. will post 7.43 earnings per share for the current fiscal year.

Exxon Mobil Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, March 10th. Shareholders of record on Wednesday, February 12th will be paid a dividend of $0.99 per share. The ex-dividend date of this dividend is Wednesday, February 12th. This represents a $3.96 dividend on an annualized basis and a yield of 3.56%. Exxon Mobil’s dividend payout ratio (DPR) is presently 50.51%.

Analysts Set New Price Targets

Several research firms recently weighed in on XOM. Morgan Stanley increased their target price on Exxon Mobil from $139.00 to $140.00 in a research report on Friday, January 31st. Scotiabank reduced their target price on Exxon Mobil from $145.00 to $140.00 in a research report on Friday, January 31st. JPMorgan Chase & Co. reduced their target price on Exxon Mobil from $130.00 to $125.00 and set an “overweight” rating on the stock in a research report on Monday, December 16th. Truist Financial increased their target price on Exxon Mobil from $117.00 to $119.00 and gave the stock a “hold” rating in a research report on Monday, January 13th. Finally, Argus upgraded Exxon Mobil to a “strong-buy” rating in a report on Tuesday, February 4th. One equities research analyst has rated the stock with a sell rating, eight have given a hold rating, eleven have given a buy rating and two have assigned a strong buy rating to the company. According to data from MarketBeat, Exxon Mobil 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.