Exxon Mobil Co. (NYSE:XOM) Shares Purchased by LaFleur & Godfrey LLC

LaFleur & Godfrey LLC boosted its position in Exxon Mobil Co. (NYSE:XOM) by 29.1% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 94,796 shares of the oil and gas company’s stock after purchasing an additional 21,355 shares during the period. Exxon Mobil comprises approximately 1.4% of LaFleur & Godfrey LLC’s holdings, making the stock its 25th largest position. LaFleur & Godfrey LLC’s holdings in Exxon Mobil were worth $9,478,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in XOM. KB Financial Partners LLC acquired a new position in shares of Exxon Mobil during the 1st quarter worth approximately $27,000. IMA Wealth Inc. grew its stake in shares of Exxon Mobil by 720.0% during the 2nd quarter. IMA Wealth Inc. now owns 369 shares of the oil and gas company’s stock valued at $40,000 after buying an additional 324 shares during the period. FWL Investment Management LLC purchased a new stake in shares of Exxon Mobil during the 4th quarter valued at $43,000. Turim 21 Investimentos Ltda. boosted its position in Exxon Mobil by 222.5% during the 1st quarter. Turim 21 Investimentos Ltda. now owns 574 shares of the oil and gas company’s stock worth $47,000 after purchasing an additional 396 shares during the period. Finally, DHJJ Financial Advisors Ltd. purchased a new stake in Exxon Mobil during the 3rd quarter worth $49,000. Institutional investors and hedge funds own 61.80% of the company’s stock.

Insiders Place Their Bets

In related news, VP Darrin L. Talley sold 2,400 shares of Exxon Mobil stock in a transaction dated Thursday, February 22nd. The shares were sold at an average price of $105.00, for a total transaction of $252,000.00. Following the completion of the transaction, the vice president now directly owns 30,189 shares of the company’s stock, valued at approximately $3,169,845. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Company insiders own 0.06% of the company’s stock.

Analysts Set New Price Targets

XOM has been the subject of a number of research reports. UBS Group decreased their price target on shares of Exxon Mobil from $133.00 to $132.00 and set a “buy” rating for the company in a research report on Tuesday, January 23rd. Redburn Atlantic upgraded shares of Exxon Mobil from a “neutral” rating to a “buy” rating and upped their target price for the company from $116.00 to $119.00 in a research note on Tuesday, January 9th. JPMorgan Chase & Co. dropped their price objective on shares of Exxon Mobil from $134.00 to $127.00 and set an “overweight” rating on the stock in a research note on Friday, December 8th. Erste Group Bank reiterated a “hold” rating on shares of Exxon Mobil in a research note on Friday, December 22nd. Finally, Mizuho increased their price objective on shares of Exxon Mobil from $119.00 to $125.00 and gave the stock a “neutral” rating in a research note on Tuesday, March 19th. Nine investment analysts have rated the stock with a hold rating and ten have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $128.18.

Exxon Mobil Price Performance

NYSE:XOM traded up $0.90 during trading hours on Thursday, reaching $115.87. 7,076,102 shares of the company’s stock were exchanged, compared to its average volume of 18,301,434. The company has a market capitalization of $459.75 billion, a P/E ratio of 12.99, a price-to-earnings-growth ratio of 4.17 and a beta of 0.96. Exxon Mobil Co. has a 12 month low of $95.77 and a 12 month high of $120.70. The company has a quick ratio of 1.09, a current ratio of 1.48 and a debt-to-equity ratio of 0.18. The business’s 50-day simple moving average is $104.98 and its two-hundred day simple moving average is $105.89.

Exxon Mobil (NYSE:XOM) last released its quarterly earnings results on Friday, February 2nd. The oil and gas company reported $2.48 earnings per share for the quarter, beating analysts’ consensus estimates of $2.20 by $0.28. Exxon Mobil had a net margin of 10.45% and a return on equity of 18.51%. The business had revenue of $84.34 billion for the quarter, compared to the consensus estimate of $90.03 billion. During the same quarter last year, the firm earned $3.40 EPS. Exxon Mobil’s revenue for the quarter was down 11.6% on a year-over-year basis. Sell-side analysts expect that Exxon Mobil Co. will post 9.11 EPS for the current fiscal year.

Exxon Mobil Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, March 11th. Shareholders of record on Wednesday, February 14th were given a $0.95 dividend. The ex-dividend date was Tuesday, February 13th. This represents a $3.80 annualized dividend and a yield of 3.28%. Exxon Mobil’s dividend payout ratio is 42.74%.

Exxon Mobil Company 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.