First National Bank of Mount Dora Trust Investment Services boosted its position in shares of Exxon Mobil Co. (NYSE:XOM - Free Report) by 41.2% in the first quarter, according to the company in its most recent filing with the SEC. The firm owned 89,948 shares of the oil and gas company's stock after acquiring an additional 26,243 shares during the quarter. Exxon Mobil comprises about 2.6% of First National Bank of Mount Dora Trust Investment Services' portfolio, making the stock its 10th largest position. First National Bank of Mount Dora Trust Investment Services' holdings in Exxon Mobil were worth $10,698,000 at the end of the most recent reporting period.
Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. 10Elms LLP purchased a new position in shares of Exxon Mobil during the 4th quarter valued at about $25,000. Fairway Wealth LLC purchased a new position in shares of Exxon Mobil during the 4th quarter valued at about $31,000. Capital A Wealth Management LLC purchased a new position in shares of Exxon Mobil during the 4th quarter valued at about $32,000. Keystone Financial Group Inc. purchased a new position in shares of Exxon Mobil during the 4th quarter valued at about $36,000. Finally, Compass Planning Associates Inc purchased a new position in shares of Exxon Mobil during the 4th quarter valued at about $47,000. Institutional investors and hedge funds own 61.80% of the company's stock.
Analyst Upgrades and Downgrades
Several equities analysts recently weighed in on the company. Royal Bank of Canada restated a "sector perform" rating on shares of Exxon Mobil in a research note on Thursday, May 22nd. Piper Sandler lowered Exxon Mobil from a "strong-buy" rating to a "hold" rating in a research note on Wednesday, May 28th. Scotiabank cut their price target on Exxon Mobil from $140.00 to $115.00 and set a "sector outperform" rating for the company in a research note on Friday, April 11th. Mizuho cut their price target on Exxon Mobil from $129.00 to $124.00 and set a "neutral" rating for the company in a research note on Tuesday, May 13th. Finally, Morgan Stanley cut their price target on Exxon Mobil from $141.00 to $138.00 and set an "overweight" rating for the company in a research note on Thursday, March 27th. One investment analyst has rated the stock with a sell rating, ten have issued a hold rating, nine have issued a buy rating and two have assigned a strong buy rating to the stock. According to data from MarketBeat, the company has a consensus rating of "Moderate Buy" and an average target price of $125.50.
Get Our Latest Report on XOM
Exxon Mobil Price Performance
Shares of Exxon Mobil stock traded up $2.33 on Friday, hitting $112.06. 28,512,903 shares of the company were exchanged, compared to its average volume of 15,691,277. The stock has a market capitalization of $482.95 billion, a price-to-earnings ratio of 14.29, a price-to-earnings-growth ratio of 3.02 and a beta of 0.49. The company has a 50-day moving average price of $105.51 and a 200 day moving average price of $108.78. Exxon Mobil Co. has a 1-year low of $97.80 and a 1-year high of $126.34. 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 (NYSE:XOM - Get Free Report) last issued its earnings results on Friday, May 2nd. The oil and gas company reported $1.76 earnings per share for the quarter, topping the consensus estimate of $1.73 by $0.03. Exxon Mobil had a return on equity of 12.92% and a net margin of 9.63%. The business had revenue of $83.13 billion for the quarter, compared to analysts' expectations of $86.11 billion. During the same period in the previous year, the firm posted $2.06 EPS. The business's revenue for the quarter was up .1% compared to the same quarter last year. As a group, sell-side analysts predict that Exxon Mobil Co. will post 7.43 earnings per share for the current fiscal year.
Exxon Mobil Dividend Announcement
The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, June 10th. Investors of record on Thursday, May 15th were issued a $0.99 dividend. This represents a $3.96 dividend on an annualized basis and a yield of 3.53%. The ex-dividend date was Thursday, May 15th. Exxon Mobil's dividend payout ratio is presently 52.52%.
Exxon Mobil Profile
(
Free Report)
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.
Further Reading

Before you consider Exxon Mobil, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Exxon Mobil wasn't on the list.
While Exxon Mobil currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Discover the top 7 AI stocks to invest in right now. This exclusive report highlights the companies leading the AI revolution and shaping the future of technology in 2025.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.