Exxon Mobil Corporation $XOM Stock Holdings Lifted by First National Bank of Mount Dora Trust Investment Services

First National Bank of Mount Dora Trust Investment Services raised its stake in Exxon Mobil Corporation (NYSE:XOM) by 1.8% during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 91,595 shares of the oil and gas company’s stock after buying an additional 1,647 shares during the period. Exxon Mobil makes up about 2.2% of First National Bank of Mount Dora Trust Investment Services’ investment portfolio, making the stock its 13th largest holding. First National Bank of Mount Dora Trust Investment Services’ holdings in Exxon Mobil were worth $9,874,000 as of its most recent filing with the SEC.

Several other institutional investors also recently modified their holdings of XOM. GAMMA Investing LLC grew its position in Exxon Mobil by 20.6% during the 1st quarter. GAMMA Investing LLC now owns 79,522 shares of the oil and gas company’s stock worth $9,458,000 after purchasing an additional 13,582 shares in the last quarter. Eagle Capital Management LLC grew its position in Exxon Mobil by 15.3% during the 1st quarter. Eagle Capital Management LLC now owns 2,836 shares of the oil and gas company’s stock worth $337,000 after purchasing an additional 376 shares in the last quarter. Ironwood Wealth Management LLC. purchased a new position in Exxon Mobil during the 1st quarter worth approximately $200,000. Brucke Financial Inc. grew its position in Exxon Mobil by 2.1% during the 1st quarter. Brucke Financial Inc. now owns 6,792 shares of the oil and gas company’s stock worth $808,000 after purchasing an additional 142 shares in the last quarter. Finally, Curran Financial Partners LLC grew its position in Exxon Mobil by 27.9% during the 1st quarter. Curran Financial Partners LLC now owns 8,291 shares of the oil and gas company’s stock worth $986,000 after purchasing an additional 1,810 shares in the last quarter. Institutional investors own 61.80% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts have recently commented on XOM shares. Melius started coverage on shares of Exxon Mobil in a report on Wednesday, August 20th. They set a “hold” rating and a $111.00 price target on the stock. Wall Street Zen upgraded shares of Exxon Mobil from a “sell” rating to a “hold” rating in a report on Saturday, September 13th. UBS Group boosted their price target on shares of Exxon Mobil from $143.00 to $145.00 and gave the company a “buy” rating in a report on Monday, October 13th. Weiss Ratings restated a “hold (c)” rating on shares of Exxon Mobil in a report on Wednesday, October 8th. Finally, Melius Research started coverage on shares of Exxon Mobil in a report on Wednesday, August 20th. They set a “hold” rating and a $111.00 price target on the stock. Two analysts have rated the stock with a Strong Buy rating, eight have assigned a Buy rating and ten have assigned a Hold rating to the stock. Based on data from MarketBeat.com, Exxon Mobil has a consensus rating of “Moderate Buy” and a consensus price target of $127.58.

Exxon Mobil Trading Up 1.4%

Shares of NYSE:XOM opened at $112.20 on Friday. The stock has a market capitalization of $478.34 billion, a PE ratio of 15.94, a P/E/G ratio of 2.02 and a beta of 0.51. Exxon Mobil Corporation has a 1 year low of $97.80 and a 1 year high of $123.21. The firm has a fifty day moving average price of $111.83 and a 200 day moving average price of $109.19. The company has a current ratio of 1.25, a quick ratio of 0.88 and a debt-to-equity ratio of 0.12.

Exxon Mobil (NYSE:XOM) last issued its quarterly earnings data on Friday, June 17th. The oil and gas company reported $0.65 earnings per share (EPS) for the quarter. The firm had revenue of $57.55 billion during the quarter. Exxon Mobil had a net margin of 9.17% and a return on equity of 11.34%. Analysts expect that Exxon Mobil Corporation will post 7.43 EPS for the current fiscal year.

Exxon Mobil Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, September 10th. Shareholders of record on Friday, August 15th were given a dividend of $0.99 per share. The ex-dividend date of this dividend was Friday, August 15th. This represents a $3.96 dividend on an annualized basis and a yield of 3.5%. Exxon Mobil’s payout ratio is currently 56.25%.

Insiders Place Their Bets

In other Exxon Mobil news, VP Darrin L. Talley sold 2,158 shares of the business’s stock in a transaction on Friday, August 22nd. The shares were sold at an average price of $110.45, for a total transaction of $238,351.10. Following the completion of the transaction, the vice president owned 13,829 shares of the company’s stock, valued at $1,527,413.05. The trade was a 13.50% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 0.03% of the stock is currently owned by corporate insiders.

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.