TCTC Holdings LLC Purchases 296 Shares of Exxon Mobil Co. (NYSE:XOM)

TCTC Holdings LLC lifted its position in shares of Exxon Mobil Co. (NYSE:XOM) by 0.4% in the fourth quarter, HoldingsChannel.com reports. The fund owned 68,426 shares of the oil and gas company’s stock after buying an additional 296 shares during the period. TCTC Holdings LLC’s holdings in Exxon Mobil were worth $7,361,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in the company. Rockline Wealth Management LLC lifted its stake in Exxon Mobil by 6.1% in the 4th quarter. Rockline Wealth Management LLC now owns 25,918 shares of the oil and gas company’s stock valued at $2,788,000 after purchasing an additional 1,498 shares during the last quarter. Renasant Bank lifted its stake in Exxon Mobil by 5.0% in the 4th quarter. Renasant Bank now owns 10,369 shares of the oil and gas company’s stock valued at $1,115,000 after purchasing an additional 493 shares during the last quarter. Helen Stephens Group LLC lifted its stake in Exxon Mobil by 7.3% in the 4th quarter. Helen Stephens Group LLC now owns 41,637 shares of the oil and gas company’s stock valued at $4,479,000 after purchasing an additional 2,825 shares during the last quarter. Brooklyn Investment Group lifted its stake in Exxon Mobil by 36.8% in the 3rd quarter. Brooklyn Investment Group now owns 25,127 shares of the oil and gas company’s stock valued at $2,945,000 after purchasing an additional 6,753 shares during the last quarter. Finally, Hilltop Holdings Inc. lifted its stake in Exxon Mobil by 41.3% in the 3rd quarter. Hilltop Holdings Inc. now owns 76,288 shares of the oil and gas company’s stock valued at $8,942,000 after purchasing an additional 22,296 shares during the last quarter. Institutional investors own 61.80% of the company’s stock.

Insider Buying and Selling at Exxon Mobil

In other Exxon Mobil news, VP Darrin L. Talley sold 2,100 shares of the firm’s stock in a transaction on Tuesday, February 4th. The shares were sold at an average price of $110.00, for a total value of $231,000.00. Following the transaction, the vice president now directly owns 18,087 shares of the company’s stock, valued at approximately $1,989,570. This trade represents a 10.40 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 0.03% of the company’s stock.

Analyst Ratings Changes

Several brokerages recently commented on XOM. Wells Fargo & Company dropped their price objective on shares of Exxon Mobil from $136.00 to $135.00 and set an “overweight” rating for the company in a research note on Monday, February 3rd. TD Cowen dropped their price target on shares of Exxon Mobil from $132.00 to $128.00 and set a “buy” rating for the company in a research note on Monday, December 16th. HSBC dropped their price target on shares of Exxon Mobil from $125.00 to $123.00 and set a “hold” rating for the company in a research note on Friday, January 31st. JPMorgan Chase & Co. dropped their price target on shares of Exxon Mobil from $130.00 to $125.00 and set an “overweight” rating for the company in a research note on Monday, December 16th. Finally, Mizuho dropped their price target on shares of Exxon Mobil from $137.00 to $134.00 and set a “neutral” rating for the company in a research note on Monday, December 16th. One research analyst has rated the stock with a sell rating, eight have assigned a hold rating, eleven have assigned a buy rating and two have issued a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $129.25.

Exxon Mobil Trading Up 3.0 %

NYSE:XOM opened at $111.98 on Monday. The company has a current ratio of 1.31, a quick ratio of 0.97 and a debt-to-equity ratio of 0.14. The stock has a market capitalization of $485.90 billion, a price-to-earnings ratio of 14.28, a PEG ratio of 3.02 and a beta of 0.83. The firm has a fifty day simple moving average of $109.34 and a two-hundred day simple moving average of $113.63. Exxon Mobil Co. has a 12 month low of $103.67 and a 12 month high of $126.34.

Exxon Mobil (NYSE:XOM) last posted its quarterly earnings results on Friday, January 31st. The oil and gas company reported $1.67 EPS for the quarter, missing analysts’ consensus estimates of $1.77 by ($0.10). Exxon Mobil had a return on equity of 12.92% and a net margin of 9.63%. During the same quarter last year, the firm earned $2.48 earnings per share. Analysts expect that Exxon Mobil Co. will post 7.43 EPS for the current fiscal year.

Exxon Mobil Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, March 10th. Shareholders of record on Wednesday, February 12th were paid a $0.99 dividend. This represents a $3.96 dividend on an annualized basis and a dividend yield of 3.54%. The ex-dividend date of this dividend was Wednesday, February 12th. Exxon Mobil’s dividend payout ratio (DPR) is 50.51%.

Exxon Mobil 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.