Exxon Mobil Co. (NYSE:XOM) Shares Acquired by Alexander Labrunerie & CO. Inc.

Alexander Labrunerie & CO. Inc. boosted its holdings in Exxon Mobil Co. (NYSE:XOM) by 1.1% in the fourth quarter, HoldingsChannel.com reports. The firm owned 47,176 shares of the oil and gas company’s stock after acquiring an additional 511 shares during the period. Exxon Mobil accounts for approximately 2.2% of Alexander Labrunerie & CO. Inc.’s investment portfolio, making the stock its 16th biggest holding. Alexander Labrunerie & CO. Inc.’s holdings in Exxon Mobil were worth $5,075,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. Vertex Planning Partners LLC increased its holdings in Exxon Mobil by 3.1% during the third quarter. Vertex Planning Partners LLC now owns 2,778 shares of the oil and gas company’s stock worth $326,000 after buying an additional 83 shares during the last quarter. First Heartland Consultants Inc. increased its stake in shares of Exxon Mobil by 0.9% during the 3rd quarter. First Heartland Consultants Inc. now owns 9,451 shares of the oil and gas company’s stock worth $1,108,000 after purchasing an additional 87 shares during the last quarter. Latitude Advisors LLC raised its holdings in shares of Exxon Mobil by 0.7% in the 3rd quarter. Latitude Advisors LLC now owns 13,378 shares of the oil and gas company’s stock valued at $1,568,000 after purchasing an additional 88 shares during the period. Longfellow Investment Management Co. LLC lifted its stake in Exxon Mobil by 0.6% in the 3rd quarter. Longfellow Investment Management Co. LLC now owns 14,537 shares of the oil and gas company’s stock valued at $1,704,000 after purchasing an additional 88 shares during the last quarter. Finally, West Oak Capital LLC grew its holdings in Exxon Mobil by 0.6% during the fourth quarter. West Oak Capital LLC now owns 16,207 shares of the oil and gas company’s stock worth $1,743,000 after purchasing an additional 92 shares during the period. 61.80% of the stock is currently owned by institutional investors.

Insider Buying and Selling at Exxon Mobil

In related news, VP Darrin L. Talley sold 2,100 shares of the stock in a transaction on Tuesday, February 4th. The stock was sold at an average price of $110.00, for a total value of $231,000.00. Following the completion of the sale, the vice president now directly owns 18,087 shares in the company, valued at $1,989,570. This represents a 10.40 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Corporate insiders own 0.03% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts recently weighed in on XOM shares. UBS Group dropped their price target on Exxon Mobil from $149.00 to $147.00 and set a “buy” rating on the stock in a research note on Thursday, December 12th. Wells Fargo & Company dropped their price objective on shares of Exxon Mobil from $136.00 to $135.00 and set an “overweight” rating on the stock in a research report on Monday, February 3rd. TD Cowen decreased their price target on shares of Exxon Mobil from $132.00 to $128.00 and set a “buy” rating on the stock in a research note on Monday, December 16th. Scotiabank cut their price objective on shares of Exxon Mobil from $145.00 to $140.00 in a research report on Friday, January 31st. Finally, Bank of America began coverage on Exxon Mobil in a report on Thursday, October 17th. They set a “neutral” rating and a $124.00 price objective for the company. One research analyst has rated the stock with a sell rating, eight have given a hold rating, eleven have issued a buy rating and two have given a strong buy rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $129.25.

Exxon Mobil Price Performance

XOM stock opened at $108.87 on Friday. Exxon Mobil Co. has a 1 year low of $100.42 and a 1 year 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. The stock has a market cap of $478.49 billion, a price-to-earnings ratio of 13.89, a P/E/G ratio of 2.79 and a beta of 0.89. The company has a 50 day simple moving average of $109.59 and a 200 day simple moving average of $115.00.

Exxon Mobil (NYSE:XOM) last released its quarterly earnings data on Friday, January 31st. The oil and gas company reported $1.67 earnings per share for the quarter, missing the consensus estimate 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 posted $2.48 EPS. Research analysts anticipate that Exxon Mobil Co. will post 7.65 EPS for the current fiscal year.

Exxon Mobil Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, March 10th. Shareholders of record on Wednesday, February 12th will be issued a dividend of $0.99 per share. This represents a $3.96 dividend on an annualized basis and a yield of 3.64%. The ex-dividend date is Wednesday, February 12th. Exxon Mobil’s payout ratio is 50.51%.

Exxon Mobil 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.