Exxon Mobil Corporation $XOM Shares Sold by First National Trust Co

First National Trust Co lessened its stake in Exxon Mobil Corporation (NYSE:XOMFree Report) by 3.2% in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 195,820 shares of the oil and gas company’s stock after selling 6,520 shares during the quarter. Exxon Mobil comprises about 0.8% of First National Trust Co’s holdings, making the stock its 29th largest holding. First National Trust Co’s holdings in Exxon Mobil were worth $22,079,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in XOM. Westfuller Advisors LLC acquired a new position in Exxon Mobil in the 3rd quarter valued at about $30,000. Bare Financial Services Inc raised its position in shares of Exxon Mobil by 121.8% during the 2nd quarter. Bare Financial Services Inc now owns 366 shares of the oil and gas company’s stock valued at $39,000 after buying an additional 201 shares during the period. Clayton Financial Group LLC purchased a new stake in shares of Exxon Mobil during the 3rd quarter valued at approximately $40,000. TruNorth Capital Management LLC lifted its holdings in Exxon Mobil by 1,595.2% in the third quarter. TruNorth Capital Management LLC now owns 356 shares of the oil and gas company’s stock valued at $40,000 after acquiring an additional 335 shares during the last quarter. Finally, Halbert Hargrove Global Advisors LLC grew its position in Exxon Mobil by 95.8% in the third quarter. Halbert Hargrove Global Advisors LLC now owns 370 shares of the oil and gas company’s stock worth $42,000 after acquiring an additional 181 shares during the period. Institutional investors and hedge funds own 61.80% of the company’s stock.

Insider Transactions at Exxon Mobil

In related news, VP Darrin L. Talley sold 5,000 shares of the business’s stock in a transaction on Monday, February 2nd. The stock was sold at an average price of $139.75, for a total transaction of $698,750.00. Following the completion of the transaction, the vice president directly owned 23,584 shares of the company’s stock, valued at $3,295,864. The trade was a 17.49% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Insiders sold 14,230 shares of company stock valued at $1,888,421 in the last ninety days. Company insiders own 0.03% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts have commented on the company. Royal Bank Of Canada lifted their target price on Exxon Mobil from $145.00 to $150.00 and gave the company a “sector perform” rating in a research report on Monday, February 2nd. Citigroup boosted their price objective on shares of Exxon Mobil from $115.00 to $118.00 and gave the company a “neutral” rating in a report on Wednesday, December 10th. BMO Capital Markets reaffirmed a “market perform” rating and issued a $155.00 target price on shares of Exxon Mobil in a research report on Wednesday, February 4th. Loop Capital set a $123.00 price target on shares of Exxon Mobil in a research report on Tuesday, February 3rd. Finally, Scotiabank reissued an “outperform” rating on shares of Exxon Mobil in a research note on Friday, January 16th. Nine research analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $140.59.

Get Our Latest Research Report on XOM

Exxon Mobil Trading Up 1.5%

NYSE XOM opened at $151.22 on Tuesday. The company has a debt-to-equity ratio of 0.13, a quick ratio of 0.79 and a current ratio of 1.15. The firm has a market cap of $637.72 billion, a price-to-earnings ratio of 22.60, a PEG ratio of 15.49 and a beta of 0.39. The firm has a 50 day simple moving average of $126.47 and a 200-day simple moving average of $117.70. Exxon Mobil Corporation has a one year low of $97.80 and a one year high of $151.55.

Exxon Mobil (NYSE:XOMGet Free Report) last announced its earnings results on Friday, January 30th. The oil and gas company reported $1.71 earnings per share for the quarter, topping the consensus estimate of $1.63 by $0.08. Exxon Mobil had a net margin of 8.68% and a return on equity of 11.21%. The firm had revenue of $82.31 billion for the quarter, compared to the consensus estimate of $77.98 billion. During the same period in the prior year, the firm earned $1.67 EPS. The firm’s revenue for the quarter was down 1.3% on a year-over-year basis. Equities research analysts anticipate that Exxon Mobil Corporation will post 7.43 EPS for the current fiscal year.

Exxon Mobil Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 10th. Stockholders of record on Thursday, February 12th will be paid a $1.03 dividend. This represents a $4.12 annualized dividend and a dividend yield of 2.7%. The ex-dividend date is Thursday, February 12th. Exxon Mobil’s dividend payout ratio (DPR) is presently 61.58%.

Exxon Mobil News Roundup

Here are the key news stories impacting Exxon Mobil this week:

About Exxon Mobil

(Free Report)

Exxon Mobil Corporation (NYSE: XOM) is an integrated oil and gas company engaged in the exploration, production, refining, distribution and marketing of petroleum products and the manufacture and sale of petrochemicals. Its operations span the full energy value chain, including upstream exploration and development of crude oil and natural gas; midstream transportation and storage; and downstream refining, product distribution and retail. The company also produces a broad range of chemical products for industrial and consumer applications.

ExxonMobil markets fuels and lubricants under well-known brands such as Exxon, Mobil and Esso, and its Mobil 1 motor oil is a prominent consumer product.

See Also

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Institutional Ownership by Quarter for Exxon Mobil (NYSE:XOM)

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