First Personal Financial Services Sells 25,416 Shares of Exxon Mobil Co. (NYSE:XOM)

First Personal Financial Services lowered its stake in shares of Exxon Mobil Co. (NYSE:XOM – Get Rating) by 85.2% during the 1st quarter, according to its most recent filing with the SEC. The firm owned 4,405 shares of the oil and gas company’s stock after selling 25,416 shares during the period. First Personal Financial Services’ holdings in Exxon Mobil were worth $364,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also bought and sold shares of the stock. State Street Corp lifted its stake in shares of Exxon Mobil by 0.4% in the 4th quarter. State Street Corp now owns 253,211,345 shares of the oil and gas company’s stock worth $15,494,002,000 after purchasing an additional 1,128,974 shares during the period. Geode Capital Management LLC lifted its stake in shares of Exxon Mobil by 5.1% in the 4th quarter. Geode Capital Management LLC now owns 70,815,006 shares of the oil and gas company’s stock worth $4,322,078,000 after purchasing an additional 3,441,825 shares during the period. Norges Bank bought a new position in shares of Exxon Mobil in the 4th quarter worth approximately $3,184,424,000. GQG Partners LLC lifted its stake in shares of Exxon Mobil by 21.8% in the 4th quarter. GQG Partners LLC now owns 32,397,153 shares of the oil and gas company’s stock worth $1,982,114,000 after purchasing an additional 5,807,202 shares during the period. Finally, Charles Schwab Investment Management Inc. lifted its stake in shares of Exxon Mobil by 0.5% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 30,619,880 shares of the oil and gas company’s stock worth $1,873,632,000 after purchasing an additional 164,733 shares during the period. Institutional investors own 54.07% of the company’s stock.

Insider Buying and Selling

In related news, VP Darrin L. Talley sold 2,147 shares of the firm’s stock in a transaction on Tuesday, June 7th. The stock was sold at an average price of $102.81, for a total value of $220,733.07. Following the completion of the sale, the vice president now directly owns 30,363 shares in the company, valued at $3,121,620.03. The sale was disclosed in a filing with the SEC, which can be accessed through this link. In other news, VP Darrin L. Talley sold 2,500 shares of Exxon Mobil stock in a transaction on Thursday, May 26th. The stock was sold at an average price of $96.65, for a total transaction of $241,625.00. Following the completion of the sale, the vice president now directly owns 32,510 shares in the company, valued at $3,142,091.50. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, VP Darrin L. Talley sold 2,147 shares of Exxon Mobil stock in a transaction on Tuesday, June 7th. The stock was sold at an average price of $102.81, for a total value of $220,733.07. Following the sale, the vice president now owns 30,363 shares of the company’s stock, valued at $3,121,620.03. The disclosure for this sale can be found here. 0.04% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

Several equities analysts have recently weighed in on the stock. StockNews.com cut shares of Exxon Mobil from a “buy” rating to a “hold” rating in a research note on Monday, May 2nd. Bank of America decreased their target price on shares of Exxon Mobil from $128.00 to $120.00 and set a “buy” rating on the stock in a research note on Tuesday, July 19th. Argus raised their target price on shares of Exxon Mobil from $92.00 to $104.00 in a research note on Monday, May 9th. Barclays raised their target price on shares of Exxon Mobil from $98.00 to $111.00 and gave the stock an “overweight” rating in a research note on Tuesday, May 31st. Finally, Cowen raised their target price on shares of Exxon Mobil from $77.00 to $90.00 in a research note on Monday, May 2nd. Two equities research analysts have rated the stock with a sell rating, eight have assigned a hold rating and twelve have issued a buy rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Hold” and a consensus target price of $94.73.

Exxon Mobil Stock Down 0.8 %

Shares of XOM opened at $87.08 on Monday. The company has a market cap of $366.83 billion, a PE ratio of 14.44, a P/E/G ratio of 0.32 and a beta of 1.07. The business has a fifty day moving average of $91.32 and a 200 day moving average of $84.67. Exxon Mobil Co. has a 52-week low of $52.10 and a 52-week high of $105.57. The company has a quick ratio of 0.76, a current ratio of 1.07 and a debt-to-equity ratio of 0.24.

Exxon Mobil (NYSE:XOM – Get Rating) last issued its quarterly earnings results on Friday, April 29th. The oil and gas company reported $2.07 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.25 by ($0.18). The company had revenue of $90.50 billion during the quarter, compared to the consensus estimate of $83.57 billion. Exxon Mobil had a return on equity of 16.97% and a net margin of 8.14%. The firm’s quarterly revenue was up 53.0% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.65 earnings per share. On average, sell-side analysts expect that Exxon Mobil Co. will post 11.46 EPS for the current year.

Exxon Mobil Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, June 10th. Investors of record on Friday, May 13th were given a $0.88 dividend. The ex-dividend date was Thursday, May 12th. This represents a $3.52 dividend on an annualized basis and a yield of 4.04%. Exxon Mobil’s dividend payout ratio is presently 58.37%.

Exxon Mobil Company Profile

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Exxon Mobil Corporation explores for and produces crude oil and natural gas in the United States and internationally. It operates through Upstream, Downstream, and Chemical segments. The company is also involved in the manufacture, trade, transport, and sale of crude oil, natural gas, petroleum products, petrochemicals, and other specialty products; manufactures and sells petrochemicals, including olefins, polyolefins, aromatics, and various other petrochemicals; and captures and stores carbon, hydrogen, and biofuels.

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