Private Trust Co. NA Has $8.22 Million Stock Holdings in Exxon Mobil Corporation (NYSE:XOM)

Private Trust Co. NA lifted its holdings in Exxon Mobil Corporation (NYSE:XOM - Free Report) by 25.7% in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 69,102 shares of the oil and gas company's stock after buying an additional 14,149 shares during the period. Exxon Mobil comprises approximately 0.8% of Private Trust Co. NA's portfolio, making the stock its 13th biggest position. Private Trust Co. NA's holdings in Exxon Mobil were worth $8,218,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also modified their holdings of the company. SOA Wealth Advisors LLC. boosted its position in Exxon Mobil by 29.5% during the fourth quarter. SOA Wealth Advisors LLC. now owns 6,996 shares of the oil and gas company's stock valued at $753,000 after purchasing an additional 1,595 shares during the last quarter. Proficio Capital Partners LLC boosted its position in Exxon Mobil by 13,899.5% during the fourth quarter. Proficio Capital Partners LLC now owns 1,888,812 shares of the oil and gas company's stock valued at $1,963,000 after purchasing an additional 1,875,320 shares during the last quarter. Verdence Capital Advisors LLC boosted its position in Exxon Mobil by 4.9% during the fourth quarter. Verdence Capital Advisors LLC now owns 111,129 shares of the oil and gas company's stock valued at $11,954,000 after purchasing an additional 5,183 shares during the last quarter. Arizona State Retirement System boosted its position in Exxon Mobil by 0.4% during the fourth quarter. Arizona State Retirement System now owns 1,291,755 shares of the oil and gas company's stock valued at $138,954,000 after purchasing an additional 5,531 shares during the last quarter. Finally, Vision Financial Markets LLC acquired a new stake in Exxon Mobil during the fourth quarter valued at $350,000. Institutional investors and hedge funds own 61.80% of the company's stock.

Exxon Mobil Trading Up 1.0%

Exxon Mobil stock opened at $112.15 on Friday. The company has a debt-to-equity ratio of 0.12, a quick ratio of 0.90 and a current ratio of 1.24. The business's 50-day simple moving average is $107.32 and its 200-day simple moving average is $108.51. The firm has a market capitalization of $483.33 billion, a PE ratio of 14.87, a PEG ratio of 2.16 and a beta of 0.50. Exxon Mobil Corporation has a 52 week low of $97.80 and a 52 week high of $126.34.

Exxon Mobil (NYSE:XOM - Get Free Report) last posted its quarterly earnings data on Friday, May 2nd. The oil and gas company reported $1.76 EPS for the quarter, topping analysts' consensus estimates of $1.73 by $0.03. The business had revenue of $83.13 billion for the quarter, compared to analyst estimates of $86.11 billion. Exxon Mobil had a return on equity of 12.06% and a net margin of 9.49%. The firm's revenue for the quarter was up .1% on a year-over-year basis. During the same period in the previous year, the company posted $2.06 earnings per share. Equities research analysts forecast that Exxon Mobil Corporation will post 7.43 earnings per share for the current year.

Exxon Mobil Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, June 10th. Stockholders of record on Thursday, May 15th were paid a $0.99 dividend. The ex-dividend date of this dividend was Thursday, May 15th. This represents a $3.96 dividend on an annualized basis and a dividend yield of 3.53%. Exxon Mobil's payout ratio is presently 52.52%.

Analysts Set New Price Targets

A number of analysts recently issued reports on XOM shares. Scotiabank reduced their price objective on Exxon Mobil from $140.00 to $115.00 and set a "sector outperform" rating for the company in a research report on Friday, April 11th. UBS Group reduced their price objective on Exxon Mobil from $135.00 to $131.00 and set a "buy" rating for the company in a research report on Monday, April 14th. TD Cowen lifted their price objective on Exxon Mobil from $120.00 to $128.00 and gave the company a "buy" rating in a research report on Monday, June 23rd. Wall Street Zen upgraded Exxon Mobil from a "sell" rating to a "hold" rating in a report on Friday, June 27th. Finally, Barclays restated a "hold" rating on shares of Exxon Mobil in a report on Thursday, May 22nd. One analyst has rated the stock with a sell rating, ten have issued a hold rating, nine have assigned a buy rating and three have issued a strong buy rating to the company. According to MarketBeat, Exxon Mobil presently has an average rating of "Moderate Buy" and a consensus price target of $125.40.

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.

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