Exxon Mobil Co. (NYSE:XOM) Shares Sold by Transatlantique Private Wealth LLC

Transatlantique Private Wealth LLC trimmed its holdings in shares of Exxon Mobil Co. (NYSE:XOM) by 2.3% during the fourth quarter, Holdings Channel.com reports. The firm owned 4,264 shares of the oil and gas company’s stock after selling 102 shares during the quarter. Transatlantique Private Wealth LLC’s holdings in Exxon Mobil were worth $459,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Principal Financial Group Inc. lifted its position in Exxon Mobil by 8.4% during the 3rd quarter. Principal Financial Group Inc. now owns 6,709,202 shares of the oil and gas company’s stock worth $786,453,000 after acquiring an additional 521,932 shares during the last quarter. McIlrath & Eck LLC lifted its holdings in Exxon Mobil by 7.4% during the 3rd quarter. McIlrath & Eck LLC now owns 5,603 shares of the oil and gas company’s stock valued at $657,000 after purchasing an additional 387 shares during the last quarter. Passumpsic Savings Bank increased its holdings in Exxon Mobil by 50.5% during the 3rd quarter. Passumpsic Savings Bank now owns 3,619 shares of the oil and gas company’s stock valued at $424,000 after purchasing an additional 1,214 shares in the last quarter. Advisory Resource Group raised its holdings in shares of Exxon Mobil by 3.0% in the third quarter. Advisory Resource Group now owns 43,700 shares of the oil and gas company’s stock valued at $5,123,000 after buying an additional 1,270 shares during the last quarter. Finally, Diamant Asset Management Inc. lifted its position in Exxon Mobil by 0.9% during the 3rd quarter. Diamant Asset Management Inc. now owns 12,949 shares of the oil and gas company’s stock worth $1,518,000 after buying an additional 120 shares in the last quarter. 61.80% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several research firms have recently commented on XOM. Wells Fargo & Company decreased their price target on shares of Exxon Mobil from $136.00 to $135.00 and set an “overweight” rating on the stock in a research note on Monday, February 3rd. Bernstein Bank boosted their target price on Exxon Mobil from $138.00 to $144.00 and gave the stock an “overweight” rating in a research report on Friday, January 31st. Royal Bank of Canada reissued a “sector perform” rating and set a $115.00 price target on shares of Exxon Mobil in a research note on Monday, February 3rd. Argus upgraded shares of Exxon Mobil to a “strong-buy” rating in a research report on Tuesday, February 4th. Finally, BMO Capital Markets dropped their price objective on Exxon Mobil from $130.00 to $123.00 and set a “market perform” rating for the company in a report on Friday, January 31st. One research analyst has rated the stock with a sell rating, eight have assigned a hold rating, eleven have assigned a buy rating and two have assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $126.75.

Insider Activity

In other news, VP Darrin L. Talley sold 2,100 shares of Exxon Mobil stock in a transaction that occurred on Tuesday, February 4th. The stock was sold at an average price of $110.00, for a total value of $231,000.00. Following the sale, the vice president now directly owns 18,087 shares of the company’s stock, valued at $1,989,570. The trade was a 10.40 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Insiders own 0.03% of the company’s stock.

Exxon Mobil Stock Up 2.5 %

Shares of XOM opened at $106.84 on Friday. Exxon Mobil Co. has a 52-week low of $97.80 and a 52-week high of $126.34. The company has a market cap of $462.12 billion, a PE ratio of 13.63, a P/E/G ratio of 3.02 and a beta of 0.61. The company has a quick ratio of 0.97, a current ratio of 1.31 and a debt-to-equity ratio of 0.14. The business has a fifty day moving average of $109.82 and a 200 day moving average of $112.75.

Exxon Mobil (NYSE:XOM) last posted its quarterly earnings results 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 quarter in the prior year, the firm earned $2.48 earnings per share. On average, sell-side analysts expect that Exxon Mobil Co. will post 7.43 EPS for the current year.

Exxon Mobil Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, March 10th. Shareholders of record on Wednesday, February 12th were paid a dividend of $0.99 per share. The ex-dividend date was Wednesday, February 12th. This represents a $3.96 dividend on an annualized basis and a dividend yield of 3.71%. Exxon Mobil’s payout ratio is currently 50.51%.

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.