Trust Co. of Vermont Acquires 8,832 Shares of Exxon Mobil Co. (NYSE:XOM)

Trust Co. of Vermont lifted its position in shares of Exxon Mobil Co. (NYSE:XOM - Free Report) by 8.3% in the third quarter, according to its most recent 13F filing with the SEC. The firm owned 114,784 shares of the oil and gas company's stock after purchasing an additional 8,832 shares during the quarter. Trust Co. of Vermont's holdings in Exxon Mobil were worth $13,455,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. Etfidea LLC raised its stake in Exxon Mobil by 3.3% during the second quarter. Etfidea LLC now owns 2,669 shares of the oil and gas company's stock worth $307,000 after acquiring an additional 85 shares in the last quarter. Bigelow Investment Advisors LLC increased its position in shares of Exxon Mobil by 0.6% during the 2nd quarter. Bigelow Investment Advisors LLC now owns 13,543 shares of the oil and gas company's stock worth $1,559,000 after purchasing an additional 86 shares in the last quarter. Integral Investment Advisors Inc. lifted its holdings in Exxon Mobil by 2.1% during the 2nd quarter. Integral Investment Advisors Inc. now owns 4,207 shares of the oil and gas company's stock valued at $483,000 after purchasing an additional 87 shares during the last quarter. CBIZ Investment Advisory Services LLC boosted its position in Exxon Mobil by 15.2% in the second quarter. CBIZ Investment Advisory Services LLC now owns 660 shares of the oil and gas company's stock valued at $76,000 after buying an additional 87 shares in the last quarter. Finally, Mascoma Wealth Management LLC grew its stake in Exxon Mobil by 7.0% during the second quarter. Mascoma Wealth Management LLC now owns 1,343 shares of the oil and gas company's stock worth $155,000 after buying an additional 88 shares during the last quarter. Institutional investors and hedge funds own 61.80% of the company's stock.

Analyst Upgrades and Downgrades

Several research analysts have recently commented on the company. Barclays reduced their target price on Exxon Mobil from $142.00 to $137.00 and set an "overweight" rating on the stock in a report on Thursday, October 3rd. Redburn Atlantic reissued a "neutral" rating and issued a $120.00 price objective (up previously from $119.00) on shares of Exxon Mobil in a research note on Tuesday, September 24th. UBS Group lowered their target price on Exxon Mobil from $157.00 to $149.00 and set a "buy" rating for the company in a research note on Wednesday, September 18th. Mizuho lifted their price target on Exxon Mobil from $128.00 to $130.00 and gave the company a "neutral" rating in a report on Monday, September 16th. Finally, Truist Financial decreased their price objective on shares of Exxon Mobil from $121.00 to $117.00 and set a "hold" rating on the stock in a report on Monday, September 30th. One investment analyst has rated the stock with a sell rating, eight have issued a hold rating, ten have issued a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $131.44.

Exxon Mobil Trading Down 0.3 %

NYSE:XOM traded down $0.35 during mid-day trading on Friday, hitting $120.00. The company had a trading volume of 12,849,054 shares, compared to its average volume of 16,610,895. The company has a debt-to-equity ratio of 0.13, a quick ratio of 1.01 and a current ratio of 1.36. Exxon Mobil Co. has a fifty-two week low of $95.77 and a fifty-two week high of $126.34. The firm has a market cap of $473.16 billion, a P/E ratio of 14.71, a P/E/G ratio of 5.02 and a beta of 0.89. The business's fifty day moving average is $117.39 and its two-hundred day moving average is $116.51.

Exxon Mobil (NYSE:XOM - Get Free Report) last announced its quarterly earnings results on Friday, August 2nd. The oil and gas company reported $2.14 EPS for the quarter, beating analysts' consensus estimates of $2.04 by $0.10. The company had revenue of $93.06 billion during the quarter, compared to analysts' expectations of $90.09 billion. Exxon Mobil had a return on equity of 16.07% and a net margin of 9.73%. Exxon Mobil's revenue was up 12.2% on a year-over-year basis. During the same period in the prior year, the business posted $1.94 EPS. As a group, research analysts expect that Exxon Mobil Co. will post 8.11 earnings per share for the current year.

Exxon Mobil Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, September 10th. Stockholders of record on Thursday, August 15th were issued a $0.95 dividend. This represents a $3.80 annualized dividend and a dividend yield of 3.17%. The ex-dividend date was Thursday, August 15th. Exxon Mobil's dividend payout ratio (DPR) is 46.57%.

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.