Fort Sheridan Advisors LLC Buys 866 Shares of Exxon Mobil Co. (NYSE:XOM)

Fort Sheridan Advisors LLC boosted its stake in Exxon Mobil Co. (NYSE:XOM) by 3.0% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 29,824 shares of the oil and gas company’s stock after buying an additional 866 shares during the period. Fort Sheridan Advisors LLC’s holdings in Exxon Mobil were worth $3,208,000 as of its most recent filing with the SEC.

Several other large investors have also recently bought and sold shares of XOM. HC Advisors LLC grew its position in shares of Exxon Mobil by 31.3% in the fourth quarter. HC Advisors LLC now owns 4,600 shares of the oil and gas company’s stock valued at $495,000 after purchasing an additional 1,096 shares during the last quarter. CORDA Investment Management LLC. boosted its stake in Exxon Mobil by 1.3% in the 4th quarter. CORDA Investment Management LLC. now owns 65,660 shares of the oil and gas company’s stock valued at $7,063,000 after purchasing an additional 833 shares during the period. Linscomb Wealth Inc. grew its holdings in Exxon Mobil by 0.7% in the 4th quarter. Linscomb Wealth Inc. now owns 417,944 shares of the oil and gas company’s stock valued at $44,958,000 after buying an additional 2,943 shares in the last quarter. QRG Capital Management Inc. increased its position in Exxon Mobil by 4.7% during the fourth quarter. QRG Capital Management Inc. now owns 733,851 shares of the oil and gas company’s stock worth $78,940,000 after acquiring an additional 33,045 shares during the period. Finally, Brueske Advisory Services LLC bought a new position in shares of Exxon Mobil during the fourth quarter worth approximately $372,000. 61.80% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

A number of research firms recently commented on XOM. Bernstein Bank boosted their price target on Exxon Mobil from $138.00 to $144.00 and gave the company an “overweight” rating in a research note on Friday, January 31st. Scotiabank dropped their target price on shares of Exxon Mobil from $145.00 to $140.00 in a research report on Friday, January 31st. Wells Fargo & Company cut their price target on shares of Exxon Mobil from $136.00 to $135.00 and set an “overweight” rating for the company in a report on Monday, February 3rd. The Goldman Sachs Group decreased their price objective on shares of Exxon Mobil from $125.00 to $123.00 and set a “neutral” rating on the stock in a research note on Friday, January 31st. Finally, Mizuho reduced their target price on Exxon Mobil from $137.00 to $134.00 and set a “neutral” rating on the stock in a report on Monday, December 16th. One equities research analyst has rated the stock with a sell rating, eight have issued a hold rating, eleven have issued a buy rating and two have given a strong buy rating to the stock. Based on data from MarketBeat, Exxon Mobil presently has a consensus rating of “Moderate Buy” and an average target price of $129.25.

Exxon Mobil Trading Up 1.1 %

XOM opened at $111.33 on Friday. The company’s 50 day moving average price is $108.95 and its two-hundred day moving average price is $114.23. The firm has a market capitalization of $483.08 billion, a price-to-earnings ratio of 14.20, a PEG ratio of 3.02 and a beta of 0.89. Exxon Mobil Co. has a fifty-two week low of $104.03 and a fifty-two week high of $126.34. The company has a debt-to-equity ratio of 0.14, a current ratio of 1.31 and a quick ratio of 0.97.

Exxon Mobil (NYSE:XOM) last posted its quarterly earnings data on Friday, January 31st. The oil and gas company reported $1.67 earnings per share for the quarter, missing analysts’ consensus estimates of $1.77 by ($0.10). Exxon Mobil had a net margin of 9.63% and a return on equity of 12.92%. During the same period last year, the company earned $2.48 earnings per share. As a group, research analysts predict that Exxon Mobil Co. will post 7.43 earnings per share for the current year.

Exxon Mobil Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, March 10th. Investors of record on Wednesday, February 12th will be paid a $0.99 dividend. This represents a $3.96 dividend on an annualized basis and a dividend yield of 3.56%. The ex-dividend date is Wednesday, February 12th. Exxon Mobil’s dividend payout ratio is currently 50.51%.

Insider Activity at Exxon Mobil

In related news, VP Darrin L. Talley sold 2,100 shares of the business’s stock in a transaction on Tuesday, February 4th. The shares were sold at an average price of $110.00, for a total value of $231,000.00. Following the transaction, the vice president now owns 18,087 shares in the company, valued at $1,989,570. The trade was a 10.40 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.03% of the stock is currently owned by company insiders.

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.