Exxon Mobil Co. (NYSE:XOM) Shares Purchased by Monument Capital Management

Monument Capital Management raised its position in Exxon Mobil Co. (NYSE:XOM) by 8.5% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 18,762 shares of the oil and gas company’s stock after buying an additional 1,471 shares during the period. Monument Capital Management’s holdings in Exxon Mobil were worth $2,018,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Whittier Trust Co. of Nevada Inc. lifted its position in shares of Exxon Mobil by 8.3% during the third quarter. Whittier Trust Co. of Nevada Inc. now owns 131,683 shares of the oil and gas company’s stock worth $15,436,000 after purchasing an additional 10,075 shares during the last quarter. Plimoth Trust Co. LLC lifted its position in shares of Exxon Mobil by 11.6% during the third quarter. Plimoth Trust Co. LLC now owns 48,827 shares of the oil and gas company’s stock worth $5,724,000 after purchasing an additional 5,057 shares during the last quarter. Community Financial Services Group LLC lifted its position in shares of Exxon Mobil by 1.9% during the third quarter. Community Financial Services Group LLC now owns 168,384 shares of the oil and gas company’s stock worth $19,738,000 after purchasing an additional 3,113 shares during the last quarter. Evernest Financial Advisors LLC lifted its position in shares of Exxon Mobil by 59.6% during the third quarter. Evernest Financial Advisors LLC now owns 13,764 shares of the oil and gas company’s stock worth $1,613,000 after purchasing an additional 5,139 shares during the last quarter. Finally, Roof Eidam Maycock Peralta LLC lifted its position in shares of Exxon Mobil by 3.3% during the third quarter. Roof Eidam Maycock Peralta LLC now owns 13,043 shares of the oil and gas company’s stock worth $1,529,000 after purchasing an additional 420 shares during the last quarter. 61.80% of the stock is owned by hedge funds and other institutional investors.

Exxon Mobil Price Performance

Shares of NYSE:XOM opened at $110.30 on Thursday. The firm’s 50 day moving average is $108.60 and its two-hundred day moving average is $114.53. Exxon Mobil Co. has a 52 week low of $102.64 and a 52 week high of $126.34. The firm has a market capitalization of $484.76 billion, a P/E ratio of 14.07, a PEG ratio of 2.91 and a beta of 0.89. 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 data on Friday, January 31st. The oil and gas company reported $1.67 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 quarter last year, the business posted $2.48 EPS. Analysts anticipate that Exxon Mobil Co. will post 7.43 earnings per share for the current year.

Exxon Mobil Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, March 10th. Investors 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 dividend yield of 3.59%. Exxon Mobil’s dividend payout ratio is presently 50.51%.

Analysts Set New Price Targets

XOM has been the topic of several research analyst reports. BMO Capital Markets reduced their price target on shares of Exxon Mobil from $130.00 to $123.00 and set a “market perform” rating on the stock in a research report on Friday, January 31st. Royal Bank of Canada reaffirmed a “sector perform” rating and set a $115.00 price target on shares of Exxon Mobil in a research report on Monday, February 3rd. Morgan Stanley increased their price target on shares of Exxon Mobil from $139.00 to $140.00 in a research report on Friday, January 31st. Mizuho cut their target price on shares of Exxon Mobil from $137.00 to $134.00 and set a “neutral” rating on the stock in a report on Monday, December 16th. Finally, Scotiabank cut their target price on shares of Exxon Mobil from $145.00 to $140.00 in a report on Friday, January 31st. One equities research analyst has rated the stock with a sell rating, eight have issued a hold rating, eleven have assigned a buy rating and two have issued a strong buy rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $129.25.

Insider Activity at Exxon Mobil

In other Exxon Mobil news, VP Darrin L. Talley sold 2,100 shares of Exxon Mobil stock in a transaction that occurred on Tuesday, February 4th. The shares were 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 in the company, valued at approximately $1,989,570. The trade was a 10.40 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Company insiders own 0.03% of the company’s stock.

About Exxon Mobil

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.