Town & Country Bank & Trust CO dba First Bankers Trust CO Buys 184 Shares of Exxon Mobil Co. (NYSE:XOM)

Town & Country Bank & Trust CO dba First Bankers Trust CO raised its stake in Exxon Mobil Co. (NYSE:XOM) by 0.4% during the 1st quarter, Holdings Channel reports. The institutional investor owned 52,666 shares of the oil and gas company’s stock after purchasing an additional 184 shares during the quarter. Exxon Mobil makes up 2.6% of Town & Country Bank & Trust CO dba First Bankers Trust CO’s holdings, making the stock its 5th largest position. Town & Country Bank & Trust CO dba First Bankers Trust CO’s holdings in Exxon Mobil were worth $6,122,000 at the end of the most recent quarter.

Other large investors have also recently added to or reduced their stakes in the company. Partnership Wealth Management LLC acquired a new position in shares of Exxon Mobil during the 4th quarter worth $46,000. Vima LLC acquired a new position in shares of Exxon Mobil during the 4th quarter worth $50,000. Orion Capital Management LLC acquired a new position in shares of Exxon Mobil during the 3rd quarter worth $91,000. Keener Financial Planning LLC acquired a new position in shares of Exxon Mobil during the 4th quarter worth $80,000. Finally, Neo Ivy Capital Management acquired a new position in shares of Exxon Mobil during the 4th quarter worth $80,000. Institutional investors and hedge funds own 61.80% of the company’s stock.

Analyst Ratings Changes

Several research analysts have recently commented on XOM shares. Truist Financial restated a “hold” rating and set a $124.00 price target (down previously from $146.00) on shares of Exxon Mobil in a research note on Friday, June 7th. Piper Sandler increased their price target on shares of Exxon Mobil from $130.00 to $145.00 and gave the stock an “overweight” rating in a research note on Thursday, April 18th. Wells Fargo & Company upped their price objective on shares of Exxon Mobil from $138.00 to $142.00 and gave the stock an “overweight” rating in a report on Tuesday, April 30th. Morgan Stanley reaffirmed an “overweight” rating and set a $145.00 price objective on shares of Exxon Mobil in a report on Wednesday, May 15th. Finally, Mizuho upped their price objective on shares of Exxon Mobil from $125.00 to $128.00 and gave the stock a “neutral” rating in a report on Monday, May 13th. Nine research analysts have rated the stock with a hold rating and ten have given a buy rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $133.82.

Exxon Mobil Price Performance

NYSE:XOM opened at $115.12 on Monday. The company has a 50-day moving average of $115.25 and a 200-day moving average of $109.72. The company has a market capitalization of $453.92 billion, a price-to-earnings ratio of 14.11, a PEG ratio of 4.14 and a beta of 0.92. 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 0.15, a quick ratio of 1.06 and a current ratio of 1.38.

Exxon Mobil (NYSE:XOM) last released its quarterly earnings data on Friday, April 26th. The oil and gas company reported $2.06 EPS for the quarter, missing analysts’ consensus estimates of $2.19 by ($0.13). The business had revenue of $83.08 billion for 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%. Exxon Mobil’s revenue was down 4.0% on a year-over-year basis. During the same period in the previous year, the business posted $2.83 earnings per share. As a group, equities research analysts anticipate that Exxon Mobil Co. will post 9.28 earnings per share for the current fiscal year.

Exxon Mobil Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, June 10th. Stockholders of record on Wednesday, May 15th were issued a dividend of $0.95 per share. This represents a $3.80 dividend on an annualized basis and a dividend yield of 3.30%. The ex-dividend date was Tuesday, May 14th. Exxon Mobil’s payout ratio is 46.57%.

Insider Transactions 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 shares were 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 approximately $3,018,450.63. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. 0.03% of the stock is owned by 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.