23,723 Shares in Exxon Mobil Co. (NYSE:XOM) Purchased by CoreFirst Bank & Trust

CoreFirst Bank & Trust acquired a new position in shares of Exxon Mobil Co. (NYSE:XOM - Free Report) in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor acquired 23,723 shares of the oil and gas company's stock, valued at approximately $2,552,000. Exxon Mobil comprises about 1.5% of CoreFirst Bank & Trust's holdings, making the stock its 15th biggest position.

Several other hedge funds also recently made changes to their positions in the company. FMR LLC lifted its holdings in Exxon Mobil by 0.3% in the third quarter. FMR LLC now owns 151,863,649 shares of the oil and gas company's stock valued at $17,801,457,000 after acquiring an additional 395,218 shares during the period. Geode Capital Management LLC lifted its stake in shares of Exxon Mobil by 1.8% in the third quarter. Geode Capital Management LLC now owns 92,194,981 shares of the oil and gas company's stock valued at $10,777,735,000 after purchasing an additional 1,622,064 shares during the period. Bank of New York Mellon Corp boosted its holdings in Exxon Mobil by 14.4% during the fourth quarter. Bank of New York Mellon Corp now owns 43,983,110 shares of the oil and gas company's stock worth $4,731,263,000 after buying an additional 5,538,694 shares in the last quarter. Charles Schwab Investment Management Inc. grew its position in Exxon Mobil by 2.2% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 31,860,532 shares of the oil and gas company's stock worth $3,427,237,000 after buying an additional 700,415 shares during the period. Finally, Franklin Resources Inc. increased its holdings in Exxon Mobil by 16.3% in the third quarter. Franklin Resources Inc. now owns 31,522,556 shares of the oil and gas company's stock valued at $3,936,929,000 after buying an additional 4,415,012 shares in the last quarter. Institutional investors and hedge funds own 61.80% of the company's stock.

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Exxon Mobil Stock Up 0.7 %

Shares of Exxon Mobil stock traded up $0.81 during trading hours on Tuesday, hitting $116.61. 12,075,161 shares of the company's stock traded hands, compared to its average volume of 14,959,556. 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 Co. has a twelve month low of $103.67 and a twelve month high of $126.34. The stock has a 50 day simple moving average of $110.22 and a 200-day simple moving average of $113.58. The company has a market cap of $505.99 billion, a PE ratio of 14.87, a PEG ratio of 3.02 and a beta of 0.83.

Exxon Mobil (NYSE:XOM - Get Free Report) last announced its earnings results on Friday, January 31st. The oil and gas company reported $1.67 earnings per share (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 period last year, the business earned $2.48 earnings per share. Equities research analysts anticipate that Exxon Mobil Co. will post 7.43 earnings per share for the current fiscal year.

Exxon Mobil Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, March 10th. Shareholders of record on Wednesday, February 12th were issued a dividend of $0.99 per share. This represents a $3.96 annualized dividend and a yield of 3.40%. The ex-dividend date was Wednesday, February 12th. Exxon Mobil's dividend payout ratio is currently 50.51%.

Insider Activity

In related news, VP Darrin L. Talley sold 2,100 shares of Exxon Mobil stock in a transaction dated Tuesday, February 4th. The stock was sold at an average price of $110.00, for a total value of $231,000.00. Following the completion of the transaction, the vice president now directly owns 18,087 shares in the company, valued at approximately $1,989,570. This trade represents a 10.40 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 0.03% of the company's stock.

Wall Street Analyst Weigh In

A number of equities research analysts recently weighed in on XOM shares. BMO Capital Markets lowered their price target on Exxon Mobil from $130.00 to $123.00 and set a "market perform" rating on the stock in a report on Friday, January 31st. Scotiabank dropped their price target on Exxon Mobil from $145.00 to $140.00 in a research report on Friday, January 31st. Mizuho decreased their price objective on shares of Exxon Mobil from $137.00 to $134.00 and set a "neutral" rating on the stock in a research report on Monday, December 16th. Barclays cut their target price on shares of Exxon Mobil from $137.00 to $135.00 and set an "overweight" rating for the company in a research report on Tuesday, March 18th. Finally, HSBC lowered their price target on shares of Exxon Mobil from $125.00 to $123.00 and set a "hold" rating on the stock in a research report on Friday, January 31st. One equities research analyst has rated the stock with a sell rating, eight have assigned a hold rating, eleven have given a buy rating and two have given a strong buy rating to the company's stock. Based on data from MarketBeat, Exxon Mobil has a consensus rating of "Moderate Buy" and an average price target of $129.15.

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.