Exxon Mobil Co. (NYSE:XOM) Holdings Decreased by Security National Bank of Sioux City Iowa IA - Defense World

Security National Bank of Sioux City Iowa IA lessened its holdings in Exxon Mobil Co. (NYSE:XOM – Free Report) by 0.8% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 37,187 shares of the oil and gas company’s stock after selling 315 shares during the quarter. Exxon Mobil comprises 2.8% of Security National Bank of Sioux City Iowa IA’s portfolio, making the stock its 5th largest position. Security National Bank of Sioux City Iowa IA’s holdings in Exxon Mobil were worth $3,718,000 as of its most recent SEC filing.

Other large investors have also recently made changes to their positions in the company. Partnership Wealth Management LLC bought a new stake in Exxon Mobil during the 4th quarter valued at about $46,000. Keener Financial Planning LLC bought a new stake in shares of Exxon Mobil during the fourth quarter valued at approximately $80,000. Orion Capital Management LLC bought a new stake in shares of Exxon Mobil during the third quarter valued at approximately $91,000. Life Planning Partners Inc purchased a new position in Exxon Mobil in the 4th quarter worth approximately $116,000. Finally, Bare Financial Services Inc bought a new position in Exxon Mobil in the 4th quarter valued at approximately $116,000. 61.80% of the stock is currently owned by hedge funds and other institutional investors.

Exxon Mobil Trading Down 0.8 %

Shares of NYSE:XOM opened at $110.01 on Friday. The stock has a 50 day moving average of $117.07 and a 200 day moving average of $108.76. The company has a market cap of $433.77 billion, a PE ratio of 13.48, a price-to-earnings-growth ratio of 3.95 and a beta of 0.92. Exxon Mobil Co. has a 12-month low of $95.77 and a 12-month high of $123.75. The company has a current ratio of 1.38, a quick ratio of 1.06 and a debt-to-equity ratio of 0.15.

Exxon Mobil (NYSE:XOM – Get Free Report) last posted its quarterly earnings results on Friday, April 26th. The oil and gas company reported $2.06 earnings per share for the quarter, missing analysts’ consensus estimates of $2.19 by ($0.13). The firm had revenue of $83.08 billion during the quarter, compared to the consensus estimate of $79.69 billion. Exxon Mobil had a return on equity of 16.75% and a net margin of 9.62%. The business’s revenue for the quarter was down 4.0% compared to the same quarter last year. During the same quarter in the previous year, the company earned $2.83 earnings per share. As a group, equities research analysts expect that Exxon Mobil Co. will post 9.36 EPS for the current year.

Exxon Mobil Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, June 10th. Shareholders of record on Wednesday, May 15th were paid a $0.95 dividend. The ex-dividend date of this dividend was Tuesday, May 14th. This represents a $3.80 dividend on an annualized basis and a yield of 3.45%. Exxon Mobil’s payout ratio is presently 46.57%.

Insider Buying and Selling at Exxon Mobil

In related news, VP Darrin L. Talley sold 2,426 shares of the stock in a transaction dated Monday, April 29th. The stock was sold at an average price of $119.01, for a total transaction of $288,718.26. Following the completion of the sale, the vice president now owns 25,363 shares in the company, valued at $3,018,450.63. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 0.03% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms have commented on XOM. Morgan Stanley reissued an “overweight” rating and issued a $145.00 target price on shares of Exxon Mobil in a report on Wednesday, May 15th. Mizuho raised their price target on shares of Exxon Mobil from $125.00 to $128.00 and gave the company a “neutral” rating in a report on Monday, May 13th. HSBC boosted their price objective on shares of Exxon Mobil from $111.00 to $120.00 and gave the company a “hold” rating in a report on Tuesday, April 30th. Piper Sandler raised their target price on shares of Exxon Mobil from $130.00 to $145.00 and gave the stock an “overweight” rating in a report on Thursday, April 18th. Finally, Barclays initiated coverage on shares of Exxon Mobil in a research report on Wednesday, April 10th. They issued an “overweight” rating and a $147.00 target price for the company. Nine equities research analysts have rated the stock with a hold rating and ten have given a buy rating to the company. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $133.71.

Get Our Latest Stock Analysis on XOM

Exxon Mobil Company Profile

(Free Report)

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.