Moody National Bank Trust Division Buys 3,114 Shares of Exxon Mobil Co. (NYSE:XOM)

Moody National Bank Trust Division lifted its position in shares of Exxon Mobil Co. (NYSE:XOM - Free Report) by 3.8% during the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 86,115 shares of the oil and gas company's stock after purchasing an additional 3,114 shares during the quarter. Exxon Mobil accounts for 1.1% of Moody National Bank Trust Division's investment portfolio, making the stock its 16th largest holding. Moody National Bank Trust Division's holdings in Exxon Mobil were worth $10,242,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of XOM. Tallon Kerry Patrick purchased a new position in Exxon Mobil during the 4th quarter worth $789,000. Blue Trust Inc. grew its position in Exxon Mobil by 17.5% in the 4th quarter. Blue Trust Inc. now owns 143,807 shares of the oil and gas company's stock worth $16,857,000 after purchasing an additional 21,391 shares in the last quarter. Capital Asset Advisory Services LLC increased its stake in Exxon Mobil by 3.7% in the 4th quarter. Capital Asset Advisory Services LLC now owns 61,159 shares of the oil and gas company's stock valued at $6,597,000 after buying an additional 2,175 shares during the last quarter. Apexium Financial LP lifted its position in shares of Exxon Mobil by 19.1% during the 4th quarter. Apexium Financial LP now owns 11,482 shares of the oil and gas company's stock worth $1,235,000 after buying an additional 1,842 shares in the last quarter. Finally, Union Bancaire Privee UBP SA bought a new position in shares of Exxon Mobil during the 4th quarter worth approximately $48,348,000. 61.80% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

XOM has been the subject of several recent analyst reports. Bernstein Bank upped their target price on Exxon Mobil from $138.00 to $144.00 and gave the company an "overweight" rating in a report on Friday, January 31st. Wells Fargo & Company decreased their target price on Exxon Mobil from $136.00 to $135.00 and set an "overweight" rating for the company in a research report on Monday, February 3rd. BMO Capital Markets lowered their target price on Exxon Mobil from $130.00 to $123.00 and set a "market perform" rating on the stock in a research note on Friday, January 31st. UBS Group reduced their price target on shares of Exxon Mobil from $135.00 to $131.00 and set a "buy" rating for the company in a research report on Monday, April 14th. Finally, Argus raised shares of Exxon Mobil to a "strong-buy" rating in a research report on Tuesday, February 4th. One research analyst has rated the stock with a sell rating, ten have assigned a hold rating, nine have assigned a buy rating and two have given a strong buy rating to the company's stock. According to data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $125.50.

Exxon Mobil Price Performance

Shares of Exxon Mobil stock traded down $0.61 on Friday, reaching $102.08. The stock had a trading volume of 28,636,718 shares, compared to its average volume of 15,602,441. The business's 50 day moving average is $106.95 and its two-hundred day moving average is $109.78. The company has a current ratio of 1.31, a quick ratio of 0.97 and a debt-to-equity ratio of 0.14. Exxon Mobil Co. has a 1 year low of $97.80 and a 1 year high of $126.34. The company has a market cap of $439.93 billion, a P/E ratio of 13.02, a price-to-earnings-growth ratio of 3.02 and a beta of 0.51.

Exxon Mobil (NYSE:XOM - Get Free Report) last announced its quarterly earnings results on Friday, May 2nd. The oil and gas company reported $1.76 EPS for the quarter, beating the consensus estimate of $1.73 by $0.03. Exxon Mobil had a net margin of 9.63% and a return on equity of 12.92%. The firm had revenue of $83.13 billion during the quarter, compared to the consensus estimate of $86.11 billion. During the same period last year, the firm earned $2.06 EPS. The business's quarterly revenue was up .1% compared to the same quarter last year. As a group, research analysts anticipate that Exxon Mobil Co. will post 7.43 EPS for the current year.

Exxon Mobil Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, June 10th. Shareholders of record on Thursday, May 15th will be paid a $0.99 dividend. The ex-dividend date is Thursday, May 15th. This represents a $3.96 dividend on an annualized basis and a yield of 3.88%. Exxon Mobil's dividend payout ratio is currently 52.52%.

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.