Exxon Mobil Co. (NYSE:XOM) Shares Bought by First Horizon Advisors Inc.

First Horizon Advisors Inc. grew its position in shares of Exxon Mobil Co. (NYSE:XOM - Free Report) by 3.4% during the fourth quarter, according to its most recent filing with the SEC. The firm owned 303,662 shares of the oil and gas company's stock after acquiring an additional 10,125 shares during the period. Exxon Mobil comprises about 0.9% of First Horizon Advisors Inc.'s holdings, making the stock its 28th largest holding. First Horizon Advisors Inc.'s holdings in Exxon Mobil were worth $32,665,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the company. Vertex Planning Partners LLC increased its holdings in shares of Exxon Mobil by 3.1% during the 3rd quarter. Vertex Planning Partners LLC now owns 2,778 shares of the oil and gas company's stock worth $326,000 after buying an additional 83 shares during the last quarter. First Heartland Consultants Inc. increased its holdings in shares of Exxon Mobil by 0.9% during the 3rd quarter. First Heartland Consultants Inc. now owns 9,451 shares of the oil and gas company's stock worth $1,108,000 after buying an additional 87 shares during the last quarter. Latitude Advisors LLC increased its holdings in shares of Exxon Mobil by 0.7% during the 3rd quarter. Latitude Advisors LLC now owns 13,378 shares of the oil and gas company's stock worth $1,568,000 after buying an additional 88 shares during the last quarter. Longfellow Investment Management Co. LLC increased its holdings in shares of Exxon Mobil by 0.6% during the 3rd quarter. Longfellow Investment Management Co. LLC now owns 14,537 shares of the oil and gas company's stock worth $1,704,000 after buying an additional 88 shares during the last quarter. Finally, West Oak Capital LLC increased its holdings in shares of Exxon Mobil by 0.6% during the 4th quarter. West Oak Capital LLC now owns 16,207 shares of the oil and gas company's stock worth $1,743,000 after buying an additional 92 shares during the last quarter. Hedge funds and other institutional investors own 61.80% of the company's stock.

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Insider Activity

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 sale, the vice president now directly owns 18,087 shares in the company, valued at $1,989,570. This trade represents a 10.40 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Company insiders own 0.03% of the company's stock.

Exxon Mobil Stock Up 1.1 %

Shares of XOM traded up $1.18 during midday trading on Friday, reaching $111.33. The stock had a trading volume of 18,815,935 shares, compared to its average volume of 14,938,178. Exxon Mobil Co. has a 1-year low of $104.03 and a 1-year high of $126.34. The company's fifty day simple moving average is $108.95 and its two-hundred day simple moving average is $114.26. The company has a market cap of $483.08 billion, a price-to-earnings ratio of 14.20, a PEG ratio of 3.02 and a beta of 0.89. The company has a debt-to-equity ratio of 0.14, a current ratio of 1.31 and a quick ratio of 0.97.

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

Exxon Mobil Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, March 10th. Stockholders of record on Wednesday, February 12th will be issued a $0.99 dividend. The ex-dividend date is Wednesday, February 12th. This represents a $3.96 dividend on an annualized basis and a dividend yield of 3.56%. Exxon Mobil's payout ratio is 50.51%.

Analysts Set New Price Targets

A number of analysts have recently issued reports on the stock. UBS Group cut their price target on shares of Exxon Mobil from $149.00 to $147.00 and set a "buy" rating for the company in a report on Thursday, December 12th. Wells Fargo & Company cut their price target on shares of Exxon Mobil from $136.00 to $135.00 and set an "overweight" rating for the company in a report on Monday, February 3rd. BMO Capital Markets lowered their price objective on shares of Exxon Mobil from $130.00 to $123.00 and set a "market perform" rating for the company in a research report on Friday, January 31st. Scotiabank lowered their price objective on shares of Exxon Mobil from $145.00 to $140.00 in a research report on Friday, January 31st. Finally, JPMorgan Chase & Co. lowered their price objective on shares of Exxon Mobil from $130.00 to $125.00 and set an "overweight" rating for the company in a research report on Monday, December 16th. 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 given a strong buy rating to the company's stock. According to MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus price target of $129.25.

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.