Altrius Capital Management Inc Buys 574 Shares of Exxon Mobil Co. (NYSE:XOM)

Altrius Capital Management Inc boosted its position in shares of Exxon Mobil Co. (NYSE:XOM) by 1.7% in the 4th quarter, HoldingsChannel reports. The firm owned 34,896 shares of the oil and gas company’s stock after buying an additional 574 shares during the period. Altrius Capital Management Inc’s holdings in Exxon Mobil were worth $3,489,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Orion Capital Management LLC bought a new position in shares of Exxon Mobil in the third quarter valued at about $91,000. Authentikos Wealth Advisory LLC bought a new position in Exxon Mobil during the third quarter worth about $92,000. Keener Financial Planning LLC bought a new stake in Exxon Mobil in the fourth quarter valued at approximately $80,000. Sumitomo Mitsui Financial Group Inc. raised its stake in Exxon Mobil by 851.6% during the 3rd quarter. Sumitomo Mitsui Financial Group Inc. now owns 885 shares of the oil and gas company’s stock worth $106,000 after buying an additional 792 shares during the period. Finally, TFO Wealth Partners LLC raised its position in shares of Exxon Mobil by 118.5% during the third quarter. TFO Wealth Partners LLC now owns 968 shares of the oil and gas company’s stock worth $104,000 after purchasing an additional 525 shares during the period. 61.80% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In other Exxon Mobil news, VP Darrin L. Talley sold 2,400 shares of the firm’s stock in a transaction that occurred on Thursday, February 22nd. The stock was sold at an average price of $105.00, for a total value of $252,000.00. Following the completion of the sale, the vice president now owns 30,189 shares of the company’s stock, valued at $3,169,845. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Company insiders own 0.03% of the company’s stock.

Exxon Mobil Trading Down 0.2 %

NYSE:XOM traded down $0.21 during mid-day trading on Tuesday, hitting $119.43. 4,432,942 shares of the company’s stock were exchanged, compared to its average volume of 18,035,006. The company has a 50 day simple moving average of $113.65 and a 200-day simple moving average of $106.73. The firm has a market capitalization of $472.73 billion, a P/E ratio of 14.65, a PEG ratio of 4.05 and a beta of 0.96. Exxon Mobil Co. has a fifty-two week low of $95.77 and a fifty-two week 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) last posted its quarterly earnings data 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 company had revenue of $83.08 billion during the quarter, compared to analyst estimates of $79.69 billion. Exxon Mobil had a net margin of 9.62% and a return on equity of 16.75%. The business’s revenue for the quarter was down 4.0% on a year-over-year basis. During the same quarter in the previous year, the company earned $2.83 earnings per share. As a group, research analysts expect that Exxon Mobil Co. will post 9.7 earnings per share for the current year.

Exxon Mobil Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, June 10th. Investors of record on Wednesday, May 15th will be given a dividend of $0.95 per share. The ex-dividend date is Tuesday, May 14th. This represents a $3.80 annualized dividend and a dividend yield of 3.18%. Exxon Mobil’s payout ratio is 46.57%.

Wall Street Analyst Weigh In

A number of equities research analysts recently commented on XOM shares. Mizuho restated a “neutral” rating and set a $125.00 price objective on shares of Exxon Mobil in a report on Thursday, April 4th. Wells Fargo & Company boosted their price target on Exxon Mobil from $126.00 to $138.00 and gave the stock an “overweight” rating in a research report on Thursday, April 4th. UBS Group increased their price objective on Exxon Mobil from $133.00 to $150.00 and gave the company a “buy” rating in a report on Thursday, April 11th. Redburn Atlantic upgraded shares of Exxon Mobil from a “neutral” rating to a “buy” rating and boosted their target price for the stock from $116.00 to $119.00 in a report on Tuesday, January 9th. Finally, Scotiabank increased their price target on shares of Exxon Mobil from $114.00 to $129.00 and gave the company a “sector perform” rating in a research note on Thursday, April 11th. Eight investment analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $133.11.

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.