Exxon Mobil Co. (NYSE:XOM) Shares Sold by HTLF Bank

HTLF Bank reduced its position in Exxon Mobil Co. (NYSE:XOM) by 7.1% during the 4th quarter, according to its most recent filing with the SEC. The firm owned 20,854 shares of the oil and gas company’s stock after selling 1,599 shares during the quarter. HTLF Bank’s holdings in Exxon Mobil were worth $2,243,000 as of its most recent filing with the SEC.

Other large investors also recently bought and sold shares of the company. Keystone Financial Group Inc. acquired a new position in Exxon Mobil during the fourth quarter worth $36,000. Retirement Wealth Solutions LLC purchased a new stake in shares of Exxon Mobil during the 4th quarter worth $46,000. Compass Financial Services Inc acquired a new position in shares of Exxon Mobil during the 4th quarter worth $48,000. Peterson Financial Group Inc. acquired a new stake in shares of Exxon Mobil during the 3rd quarter valued at approximately $51,000. Finally, Highline Wealth Partners LLC purchased a new stake in shares of Exxon Mobil during the 3rd quarter worth approximately $54,000. Hedge funds and other institutional investors own 61.80% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts recently weighed in on the company. Bernstein Bank lifted their price objective on Exxon Mobil from $138.00 to $144.00 and gave the stock an “overweight” rating in a report on Friday, January 31st. Wells Fargo & Company cut their price target on Exxon Mobil from $136.00 to $135.00 and set an “overweight” rating for the company in a research note on Monday, February 3rd. HSBC lowered their price objective on shares of Exxon Mobil from $125.00 to $123.00 and set a “hold” rating on the stock in a research note on Friday, January 31st. Morgan Stanley lifted their target price on shares of Exxon Mobil from $139.00 to $140.00 in a research report on Friday, January 31st. Finally, Truist Financial increased their price target on shares of Exxon Mobil from $117.00 to $119.00 and gave the company a “hold” rating in a research report on Monday, January 13th. One analyst has rated the stock with a sell rating, eight have issued a hold rating, eleven have assigned a buy rating and two have given a strong buy rating to the stock. According to data from MarketBeat.com, Exxon Mobil presently has an average rating of “Moderate Buy” and an average price target of $129.25.

Insiders Place Their Bets

In related news, VP Darrin L. Talley sold 2,100 shares of Exxon Mobil stock in a transaction on Tuesday, February 4th. The shares were sold at an average price of $110.00, for a total transaction 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 position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. 0.03% of the stock is owned by insiders.

Exxon Mobil Stock Performance

NYSE:XOM opened at $107.37 on Thursday. Exxon Mobil Co. has a fifty-two week low of $100.42 and a fifty-two week high of $126.34. The firm’s 50 day moving average is $109.16 and its two-hundred day moving average is $114.88. The company has a market cap of $471.90 billion, a P/E ratio of 13.70, a P/E/G ratio of 2.94 and a beta of 0.89. The company has a quick ratio of 0.97, a current ratio of 1.31 and a debt-to-equity ratio of 0.14.

Exxon Mobil (NYSE:XOM) last released 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 return on equity of 12.92% and a net margin of 9.63%. During the same period in the previous year, the company earned $2.48 earnings per share. Analysts expect that Exxon Mobil Co. will post 7.37 EPS for the current year.

Exxon Mobil Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, March 10th. Shareholders of record on Wednesday, February 12th will be given a dividend of $0.99 per share. The ex-dividend date is Wednesday, February 12th. This represents a $3.96 dividend on an annualized basis and a yield of 3.69%. Exxon Mobil’s dividend payout ratio (DPR) is 50.51%.

Exxon Mobil 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.