Exxon Mobil Co. (NYSE:XOM) Shares Bought by OLD Second National Bank of Aurora

OLD Second National Bank of Aurora grew its stake in shares of Exxon Mobil Co. (NYSE:XOM) by 18.3% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 6,540 shares of the oil and gas company’s stock after acquiring an additional 1,011 shares during the period. OLD Second National Bank of Aurora’s holdings in Exxon Mobil were worth $654,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently modified their holdings of XOM. FMR LLC lifted its holdings in shares of Exxon Mobil by 3.0% in the third quarter. FMR LLC now owns 145,199,301 shares of the oil and gas company’s stock valued at $17,072,534,000 after purchasing an additional 4,162,149 shares in the last quarter. Moneta Group Investment Advisors LLC lifted its holdings in shares of Exxon Mobil by 140,855.3% in the fourth quarter. Moneta Group Investment Advisors LLC now owns 123,341,568 shares of the oil and gas company’s stock valued at $13,604,575,000 after purchasing an additional 123,254,064 shares in the last quarter. Morgan Stanley lifted its holdings in shares of Exxon Mobil by 2.0% in the third quarter. Morgan Stanley now owns 53,828,024 shares of the oil and gas company’s stock valued at $6,329,099,000 after purchasing an additional 1,066,937 shares in the last quarter. Norges Bank purchased a new stake in shares of Exxon Mobil in the fourth quarter valued at $5,226,390,000. Finally, Northern Trust Corp lifted its holdings in shares of Exxon Mobil by 1.3% in the third quarter. Northern Trust Corp now owns 43,696,758 shares of the oil and gas company’s stock valued at $5,137,865,000 after purchasing an additional 576,078 shares in the last quarter. Institutional investors and hedge funds own 61.80% of the company’s stock.

Exxon Mobil Trading Up 1.2 %

Shares of NYSE:XOM opened at $119.90 on Friday. The company has a market cap of $474.60 billion, a P/E ratio of 13.49, a P/E/G ratio of 4.07 and a beta of 0.96. The stock’s 50-day moving average is $111.55 and its 200-day moving average is $106.33. Exxon Mobil Co. has a 52-week low of $95.77 and a 52-week high of $123.75. The company has a debt-to-equity ratio of 0.18, a quick ratio of 1.09 and a current ratio of 1.48.

Exxon Mobil (NYSE:XOM) last issued its quarterly earnings results on Friday, February 2nd. The oil and gas company reported $2.48 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.20 by $0.28. The company had revenue of $84.34 billion for the quarter, compared to the consensus estimate of $90.03 billion. Exxon Mobil had a return on equity of 18.51% and a net margin of 10.45%. The firm’s revenue was down 11.6% compared to the same quarter last year. During the same period last year, the business posted $3.40 earnings per share. Equities research analysts predict that Exxon Mobil Co. will post 9.7 earnings per share for the current year.

Exxon Mobil Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, March 11th. Investors of record on Wednesday, February 14th were paid a $0.95 dividend. This represents a $3.80 annualized dividend and a dividend yield of 3.17%. The ex-dividend date of this dividend was Tuesday, February 13th. Exxon Mobil’s payout ratio is presently 42.74%.

Insider Activity at Exxon Mobil

In related news, VP Darrin L. Talley sold 2,400 shares of the stock in a transaction dated Thursday, February 22nd. The shares were sold at an average price of $105.00, for a total value 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 can be accessed through this link. 0.06% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

A number of analysts have recently issued reports on XOM shares. Redburn Atlantic upgraded Exxon Mobil from a “neutral” rating to a “buy” rating and increased their target price for the company from $116.00 to $119.00 in a report on Tuesday, January 9th. UBS Group increased their target price on Exxon Mobil from $133.00 to $150.00 and gave the company a “buy” rating in a report on Thursday, April 11th. Barclays initiated coverage on Exxon Mobil in a report on Wednesday, April 10th. They issued an “overweight” rating and a $147.00 target price for the company. Scotiabank upped their price target on shares of Exxon Mobil from $114.00 to $129.00 and gave the stock a “sector perform” rating in a research note on Thursday, April 11th. Finally, Truist Financial upped their price target on shares of Exxon Mobil from $140.00 to $146.00 and gave the stock a “buy” rating in a research note on Friday, April 5th. Nine investment analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $132.28.

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.