Sentinel Trust Co. LBA Purchases 178 Shares of Exxon Mobil Corporation $XOM

Sentinel Trust Co. LBA lifted its position in Exxon Mobil Corporation (NYSE:XOM) by 0.3% in the 2nd quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 61,339 shares of the oil and gas company’s stock after acquiring an additional 178 shares during the period. Exxon Mobil accounts for about 0.7% of Sentinel Trust Co. LBA’s investment portfolio, making the stock its 25th largest holding. Sentinel Trust Co. LBA’s holdings in Exxon Mobil were worth $6,612,000 at the end of the most recent reporting period.

A number of other large investors also recently bought and sold shares of the business. Graybill Wealth Management LTD. bought a new stake in Exxon Mobil in the 1st quarter worth about $29,000. Elequin Capital LP purchased a new position in Exxon Mobil during the first quarter valued at approximately $31,000. Clal Insurance Enterprises Holdings Ltd boosted its holdings in Exxon Mobil by 396.7% in the 1st quarter. Clal Insurance Enterprises Holdings Ltd now owns 298 shares of the oil and gas company’s stock worth $35,000 after buying an additional 238 shares during the period. Game Plan Financial Advisors LLC grew its position in shares of Exxon Mobil by 1,500.0% during the first quarter. Game Plan Financial Advisors LLC now owns 320 shares of the oil and gas company’s stock worth $38,000 after purchasing an additional 300 shares in the last quarter. Finally, Marshall & Sullivan Inc. WA purchased a new position in shares of Exxon Mobil in the second quarter worth $38,000. 61.80% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at Exxon Mobil

In other Exxon Mobil news, VP Darrin L. Talley sold 2,158 shares of the stock in a transaction dated Friday, August 22nd. The shares were sold at an average price of $110.45, for a total transaction of $238,351.10. Following the transaction, the vice president directly owned 13,829 shares in the company, valued at $1,527,413.05. This represents a 13.50% decrease in their position. The sale 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 insiders.

Wall Street Analyst Weigh In

A number of research analysts have recently commented on the company. Wells Fargo & Company started coverage on Exxon Mobil in a research report on Friday, October 17th. They set an “overweight” rating and a $156.00 target price for the company. UBS Group upped their target price on Exxon Mobil from $143.00 to $145.00 and gave the company a “buy” rating in a research note on Monday, October 13th. Melius began coverage on Exxon Mobil in a research note on Wednesday, August 20th. They set a “hold” rating and a $111.00 price target for the company. Piper Sandler set a $141.00 price objective on Exxon Mobil in a report on Tuesday, October 7th. Finally, Melius Research started coverage on Exxon Mobil in a research report on Wednesday, August 20th. They issued a “hold” rating and a $111.00 price objective on the stock. Two analysts have rated the stock with a Strong Buy rating, eight have issued a Buy rating and ten have issued a Hold rating to the stock. According to data from MarketBeat.com, Exxon Mobil presently has a consensus rating of “Moderate Buy” and an average price target of $127.58.

Exxon Mobil Stock Performance

Exxon Mobil stock opened at $115.39 on Monday. Exxon Mobil Corporation has a fifty-two week low of $97.80 and a fifty-two week high of $123.21. The company has a market capitalization of $491.94 billion, a PE ratio of 16.39, a P/E/G ratio of 2.05 and a beta of 0.51. The company has a 50 day moving average price of $112.58 and a 200-day moving average price of $109.56. The company has a debt-to-equity ratio of 0.12, a quick ratio of 0.88 and a current ratio of 1.25.

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

Exxon Mobil Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, September 10th. Investors of record on Friday, August 15th were paid a $0.99 dividend. 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 3.4%. Exxon Mobil’s dividend payout ratio is 56.25%.

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.