Trust Co. of Vermont Sells 2,242 Shares of Exxon Mobil Co. (NYSE:XOM)

Trust Co. of Vermont lowered its stake in Exxon Mobil Co. (NYSE:XOM - Free Report) by 2.0% during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 112,542 shares of the oil and gas company's stock after selling 2,242 shares during the period. Trust Co. of Vermont's holdings in Exxon Mobil were worth $12,106,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Fairscale Capital LLC bought a new position in shares of Exxon Mobil in the second quarter worth approximately $39,000. Hershey Financial Advisers LLC bought a new stake in Exxon Mobil in the 2nd quarter worth about $46,000. Retirement Wealth Solutions LLC purchased a new position in Exxon Mobil in the 4th quarter worth about $46,000. Peterson Financial Group Inc. purchased a new position in Exxon Mobil in the 3rd quarter worth about $51,000. Finally, Highline Wealth Partners LLC bought a new position in Exxon Mobil during the 3rd quarter valued at about $54,000. Institutional investors own 61.80% of the company's stock.

Exxon Mobil Price Performance

Shares of XOM traded up $1.05 during trading hours on Monday, reaching $112.37. 19,228,798 shares of the stock traded hands, compared to its average volume of 13,346,318. The company has a market cap of $493.89 billion, a P/E ratio of 13.99, a price-to-earnings-growth ratio of 2.70 and a beta of 0.91. The company has a current ratio of 1.35, a quick ratio of 1.01 and a debt-to-equity ratio of 0.13. The company's 50-day moving average price is $112.56 and its two-hundred day moving average price is $115.51. Exxon Mobil Co. has a 52-week low of $95.77 and a 52-week high of $126.34.

Exxon Mobil (NYSE:XOM - Get Free Report) last announced its quarterly earnings data on Friday, November 1st. The oil and gas company reported $1.92 EPS for the quarter, beating the consensus estimate of $1.91 by $0.01. Exxon Mobil had a return on equity of 14.73% and a net margin of 9.61%. The business had revenue of $90.02 billion for the quarter, compared to the consensus estimate of $93.98 billion. During the same period in the previous year, the business earned $2.27 earnings per share. The business's revenue was down .8% on a year-over-year basis. On average, analysts anticipate that Exxon Mobil Co. will post 7.86 earnings per share for the current year.

Exxon Mobil Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, December 10th. Shareholders of record on Thursday, November 14th were issued a dividend of $0.99 per share. This is a positive change from Exxon Mobil's previous quarterly dividend of $0.95. This represents a $3.96 dividend on an annualized basis and a yield of 3.52%. The ex-dividend date of this dividend was Thursday, November 14th. Exxon Mobil's dividend payout ratio (DPR) is 49.32%.

Wall Street Analyst Weigh In

Several research analysts have recently weighed in on XOM shares. Morgan Stanley decreased their price objective on shares of Exxon Mobil from $142.00 to $140.00 in a report on Thursday, October 31st. Wolfe Research boosted their target price on shares of Exxon Mobil from $137.00 to $138.00 in a research note on Thursday, October 31st. Royal Bank of Canada reaffirmed a "sector perform" rating and issued a $115.00 price objective on shares of Exxon Mobil in a report on Thursday, December 12th. UBS Group reduced their price objective on Exxon Mobil from $149.00 to $147.00 and set a "buy" rating for the company in a research report on Thursday, December 12th. Finally, Wells Fargo & Company raised their target price on Exxon Mobil from $135.00 to $136.00 and gave the stock an "overweight" rating in a research report on Friday, September 27th. One research analyst has rated the stock with a sell rating, seven have assigned a hold rating, ten have given a buy rating and one has given a strong buy rating to the company's stock. Based on data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average target price of $128.84.

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.