LaFleur & Godfrey LLC Acquires 21,355 Shares of Exxon Mobil Co. (NYSE:XOM)

LaFleur & Godfrey LLC grew its stake in shares of Exxon Mobil Co. (NYSE:XOM - Free Report) by 29.1% in the fourth quarter, according to the company in its most recent filing with the SEC. The firm owned 94,796 shares of the oil and gas company's stock after acquiring an additional 21,355 shares during the quarter. Exxon Mobil comprises about 1.4% of LaFleur & Godfrey LLC's portfolio, making the stock its 25th biggest holding. LaFleur & Godfrey LLC's holdings in Exxon Mobil were worth $9,478,000 as of its most recent filing with the SEC.

Several other large investors also recently modified their holdings of XOM. KB Financial Partners LLC bought a new stake in Exxon Mobil during the first quarter worth $27,000. IMA Wealth Inc. lifted its position in shares of Exxon Mobil by 720.0% during the 2nd quarter. IMA Wealth Inc. now owns 369 shares of the oil and gas company's stock worth $40,000 after buying an additional 324 shares during the last quarter. FWL Investment Management LLC acquired a new stake in Exxon Mobil in the fourth quarter valued at about $43,000. DHJJ Financial Advisors Ltd. acquired a new position in Exxon Mobil during the third quarter worth about $49,000. Finally, Studio Investment Management LLC bought a new position in shares of Exxon Mobil in the fourth quarter worth about $49,000. 61.80% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of equities analysts recently issued reports on XOM shares. TD Cowen upgraded shares of Exxon Mobil from a "market perform" rating to an "outperform" rating and set a $115.00 price objective for the company in a research report on Tuesday, January 23rd. JPMorgan Chase & Co. reduced their price objective on Exxon Mobil from $134.00 to $127.00 and set an "overweight" rating on the stock in a research report on Friday, December 8th. Royal Bank of Canada reiterated a "sector perform" rating and issued a $120.00 target price on shares of Exxon Mobil in a research report on Monday, February 5th. Redburn Atlantic upgraded Exxon Mobil from a "neutral" rating to a "buy" rating and boosted their price target for the stock from $116.00 to $119.00 in a report on Tuesday, January 9th. Finally, Mizuho lifted their target price on shares of Exxon Mobil from $119.00 to $125.00 and gave the stock a "neutral" rating in a research report on Tuesday, March 19th. Nine research analysts have rated the stock with a hold rating and ten have issued a buy rating to the company's stock. According to data from MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus target price of $128.18.

Insider Buying and Selling

In other news, VP Darrin L. Talley sold 2,400 shares of the business's stock in a transaction that occurred on Thursday, February 22nd. The stock was sold at an average price of $105.00, for a total transaction of $252,000.00. Following the completion of the sale, the vice president now owns 30,189 shares in the company, valued at $3,169,845. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. 0.06% of the stock is owned by company insiders.

Exxon Mobil Trading Up 1.1 %

XOM stock traded up $1.27 during mid-day trading on Thursday, reaching $116.24. The company's stock had a trading volume of 18,405,716 shares, compared to its average volume of 18,492,615. The company has a market cap of $461.22 billion, a price-to-earnings ratio of 13.08, a price-to-earnings-growth ratio of 4.17 and a beta of 0.96. Exxon Mobil Co. has a 12 month low of $95.77 and a 12 month high of $120.70. The business's 50 day moving average price is $105.34 and its 200 day moving average price is $105.96. The company has a current ratio of 1.48, a quick ratio of 1.09 and a debt-to-equity ratio of 0.18.

Exxon Mobil (NYSE:XOM - Get Free Report) last released its quarterly earnings data on Friday, February 2nd. The oil and gas company reported $2.48 earnings per share for the quarter, beating the consensus estimate of $2.20 by $0.28. The company had revenue of $84.34 billion during the quarter, compared to analyst estimates of $90.03 billion. Exxon Mobil had a net margin of 10.45% and a return on equity of 18.51%. Exxon Mobil's revenue for the quarter was down 11.6% compared to the same quarter last year. During the same quarter in the previous year, the business posted $3.40 EPS. On average, equities research analysts predict that Exxon Mobil Co. will post 9.11 EPS for the current year.

Exxon Mobil Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, March 11th. Investors of record on Wednesday, February 14th were given a $0.95 dividend. This represents a $3.80 dividend on an annualized basis and a yield of 3.27%. The ex-dividend date was Tuesday, February 13th. Exxon Mobil's payout ratio is 42.74%.

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.