Bath Savings Trust Co grew its position in shares of Exxon Mobil Co. (NYSE: XOM – Get Rating) by 4.6% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 164,265 shares of the oil and gas company stock after buying an additional 7,241 shares during the quarter. Exxon Mobil accounts for 1.5% of Bath Savings Trust Co’s portfolio, making the stock its 21st largest position. Bath Savings Trust Co’s holdings in Exxon Mobil were worth $ 13,566,000 at the end of the most recent quarter.
Several other large investors have also recently bought and sold shares of XOM. Crestwood Advisors Group LLC boosted its holdings in Exxon Mobil by 19.4% in the fourth quarter. Crestwood Advisors Group LLC now owns 80,324 shares of the oil and gas company stock worth $ 4,915,000 after purchasing an additional 13,073 shares during the last quarter. Green Square Capital Advisors LLC boosted its holdings in Exxon Mobil by 3.4% in the fourth quarter. Green Square Capital Advisors LLC now owns 41,690 shares of the oil and gas company stock worth $ 2,551,000 after purchasing an additional 1,352 shares during the last quarter. EP Wealth Advisors LLC boosted its holdings in Exxon Mobil by 0.8% in the fourth quarter. EP Wealth Advisors LLC now owns 517,240 shares of the oil and gas company stock worth $ 31,650,000 after purchasing an additional 4,314 shares during the last quarter. Byrne Asset Management LLC purchased a new stake in Exxon Mobil in the fourth quarter worth approximately $ 301,000. Finally, Lakeside Advisors INC. purchased a new stake in Exxon Mobil in the fourth quarter worth approximately $ 1,079,000. Hedge funds and other institutional investors own 54.07% of the company stock.
In other news, VP Darrin L. Talley sold 2,500 shares of the business’s stock in a transaction dated Thursday, May 26th. The shares were sold at an average price of $ 96.65, for a total value of $ 241,625.00. Following the sale, the vice president now directly owns 32,510 shares in the company, valued at approximately $ 3,142,091.50. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, VP Darrin L. Talley sold 2,147 shares of Exxon Mobil stock in a transaction dated Tuesday, June 7th. The stock was sold at an average price of $ 102.81, for a total transaction of $ 220,733.07. Following the transaction, the vice president now directly owns 30,363 shares of the company stock, valued at $ 3,121,620.03. The disclosure for this sale can be found here. Insiders own 0.04% of the company stock.
Shares of NYSE XOM opened at $ 86.12 on Monday. The company has a debt-to-equity ratio of 0.24, a quick ratio of 0.76 and a current ratio of 1.07. The company has a market cap of $ 362.78 billion, a P / E ratio of 14.28, a P / E / G ratio of 0.35 and a beta of 1.05. The firm’s fifty day moving average is $ 91.35 and its two-hundred day moving average is $ 80.33. Exxon Mobil Co. has a 52-week low of $ 52.10 and a 52-week high of $ 105.57.
Exxon Mobil (NYSE: XOM – Get Rating) last announced its quarterly earnings results on Friday, April 29th. The oil and gas company reported $ 2.07 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $ 2.25 by ($ 0.18). The company had revenue of $ 90.50 billion during the quarter, compared to the estimate consensus of $ 83.57 billion. Exxon Mobil had a net margin of 8.14% and a return on equity of 16.97%. The business’s revenue was up 53.0% on a year-over-year basis. During the same quarter in the prior year, the firm posted $ 0.65 earnings per share. As a group, analysts forecast that Exxon Mobil Co. will post 10.26 EPS for the current fiscal year.
The firm also recently announced a quarterly dividend, which was paid on Friday, June 10th. Stockholders of record on Friday, May 13th were issued a $ 0.88 dividend. The ex-dividend date of this dividend was Thursday, May 12th. This represents a $ 3.52 dividend on an annualized basis and a dividend yield of 4.09%. Exxon Mobil’s dividend payout ratio (DPR) is presently 58.37%.
Several research analysts have recently weighed in on XOM shares. Argus lifted their price target on shares of Exxon Mobil from $ 92.00 to $ 104.00 in a research note on Monday, May 9th. Royal Bank of Canada upgraded shares of Exxon Mobil from a “sector perform” rating to an “outperform” rating and lifted their price target for the stock from $ 90.00 to $ 100.00 in a research note on Thursday, April 21st. MKM Partners lifted their price target on shares of Exxon Mobil from $ 81.00 to $ 84.00 and gave the stock a “buy” rating in a research note on Monday, March 7th. Citigroup lifted their price target on shares of Exxon Mobil from $ 80.00 to $ 90.00 and gave the stock a “neutral” rating in a research note on Thursday, May 19th. Finally, StockNews.com cut shares of Exxon Mobil from a “buy” rating to a “hold” rating in a research note on Monday, May 2nd. Two equities research analysts have rated the stock with a sell rating, eleven have assigned a hold rating and ten have issued a buy rating to the company. Based on data from MarketBeat.com, Exxon Mobil presently has an average rating of “Hold” and an average target price of $ 88.80.
Exxon Mobil Profile: (Get Rating)
Exxon Mobil Corporation explores for and produces crude oil and natural gas in the United States and internationally. It operates through Upstream, Downstream, and Chemical segments. The company is also involved in the manufacture, trade, transport, and sale of crude oil, natural gas, petroleum products, petrochemicals, and other specialty products; manufactures and sells petrochemicals, including olefins, polyolefins, aromatics, and various other petrochemicals; and captures and stores carbon, hydrogen, and biofuels.
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