First National Corp MA ADV Reduces Holdings in Exxon Mobil Co. (NYSE:XOM)

First National Corp MA ADV cut its stake in shares of Exxon Mobil Co. (NYSE:XOM) by 7.9% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 8,766 shares of the oil and gas company’s stock after selling 757 shares during the quarter. First National Corp MA ADV’s holdings in Exxon Mobil were worth $943,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors also recently bought and sold shares of the stock. Wedge Capital Management L L P NC lifted its holdings in Exxon Mobil by 1.8% in the 3rd quarter. Wedge Capital Management L L P NC now owns 7,077 shares of the oil and gas company’s stock worth $830,000 after buying an additional 126 shares during the period. Creative Planning lifted its holdings in Exxon Mobil by 0.5% in the 3rd quarter. Creative Planning now owns 1,801,232 shares of the oil and gas company’s stock worth $211,140,000 after buying an additional 9,733 shares during the period. Safeguard Financial LLC lifted its holdings in Exxon Mobil by 21.7% in the 3rd quarter. Safeguard Financial LLC now owns 5,857 shares of the oil and gas company’s stock worth $687,000 after buying an additional 1,046 shares during the period. Proquility Private Wealth Partners LLC lifted its holdings in Exxon Mobil by 10.8% in the 3rd quarter. Proquility Private Wealth Partners LLC now owns 43,353 shares of the oil and gas company’s stock worth $5,082,000 after buying an additional 4,218 shares during the period. Finally, Stableford Capital II LLC lifted its holdings in Exxon Mobil by 0.9% in the 3rd quarter. Stableford Capital II LLC now owns 35,336 shares of the oil and gas company’s stock worth $4,368,000 after buying an additional 306 shares during the period. 61.80% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several equities research analysts have weighed in on the company. Mizuho dropped their price objective on Exxon Mobil from $137.00 to $134.00 and set a “neutral” rating for the company in a report on Monday, December 16th. TD Cowen lowered their target price on Exxon Mobil from $132.00 to $128.00 and set a “buy” rating for the company in a research note on Monday, December 16th. The Goldman Sachs Group lowered their target price on Exxon Mobil from $125.00 to $123.00 and set a “neutral” rating for the company in a research note on Friday, January 31st. Royal Bank of Canada restated a “sector perform” rating and issued a $115.00 target price on shares of Exxon Mobil in a research note on Monday, February 3rd. Finally, Scotiabank lowered their target price on Exxon Mobil from $145.00 to $140.00 in a research note on Friday, January 31st. One investment analyst has rated the stock with a sell rating, eight have assigned a hold rating, eleven have given a buy rating and two have assigned a strong buy rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $129.25.

Insider Transactions at Exxon Mobil

In other news, VP Darrin L. Talley sold 2,100 shares of the firm’s stock in a transaction on Tuesday, February 4th. The stock was 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 in the company, valued at $1,989,570. This trade represents a 10.40 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this link. Company insiders own 0.03% of the company’s stock.

Exxon Mobil Stock Up 0.7 %

Exxon Mobil stock opened at $108.10 on Friday. The firm has a market cap of $475.10 billion, a price-to-earnings ratio of 13.79, a PEG ratio of 2.94 and a beta of 0.89. The stock has a fifty day simple moving average of $109.02 and a two-hundred day simple moving average of $114.83. Exxon Mobil Co. has a 12 month low of $100.42 and a 12 month high of $126.34. 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 (NYSE:XOM) last posted its 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 period in the prior year, the business posted $2.48 earnings per share. Equities analysts predict that Exxon Mobil Co. will post 7.37 EPS for the current fiscal year.

Exxon Mobil Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, March 10th. Stockholders of record on Wednesday, February 12th will be paid a $0.99 dividend. The ex-dividend date is Wednesday, February 12th. This represents a $3.96 dividend on an annualized basis and a dividend yield of 3.66%. Exxon Mobil’s dividend payout ratio (DPR) is currently 50.51%.

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.